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| DAVID Chua
He is also the head of KL trend homes and the founder of Ultimate Breakthroughs. Chua
now trains entrepreneurs, professionals, business owners and salespeople on
proven systems and strategies designed to help achieve the success they want in
life. Chua now closely works with his partner Li Chun Young, a leadership
and life makeover coach who is also passionate to train many young
entrepreneurs and students to help them discover their passion and create a
game plan.
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What are the common mistakes Gen Y entrepreneurs make?
What are the skills needed to succeed or make a business work?
Talk to us more about branding and positioning?
How important is selling?
What about mindset?
What are your views on startup business?
Where can we learn more?
DAVID Chua
dispels some of the many mistakes the Generation Y make. A Gen Y himself,
coming from a family with a major business background and being a businessman
himself, Chua is also featured in many media news. He is also the head of KL
trend homes and the founder of Ultimate Breakthroughs.
What are the common mistakes Gen Y entrepreneurs make?
A lot of these young adults
want to be successful and think that starting a business or joining a
networking company will always be the answer. In fact, it is not. I believe the
biggest mistake is they never gain the time to learn the right skills needed to
succeed.
What are the skills needed to succeed or make a business work?
They are many factors, but
one of the few, which is also the most important, is the ability to brand and
position oneself, the ability to sell and also to have the mindset to handle
success.
Talk to us more about branding and positioning?
When it comes to branding
and positioning, you need to be able to position yourself as an expert or an
authority. What you say, the way you approach someone, how you handle yourself
online, the way you dress is all about the image of how someone perceives you.
How important is selling?
Whether you’re an insurance
agent or network marketer talking to someone, or an entrepreneur pitching a
proposal, you’re selling an idea, product or service.
Talking to your loved ones,
you’re still selling your point of view.
Even in a job, you’re still
selling yourself, so you can get a promotion.
Selling is a way of life
since the ages of bartering and in this turbulent economy it is an essential
skill to have.
What about mindset?
Gen Y, and in fact,
everyone who wants to succeed in a business or in
life need to have a strong mindset to not just handle failure in the face of
adversity but also be able to persevere during the tough times. I suggest pursuing courses
that strengthen their psychology and way of thinking.
What are your views on startup business?
For me, the mistake I see
most entrepreneurs do is that they go with the trend of whatever is popular.
When you start a business,
you want to stand out and be different.
You also need to be so good
at delivering results or the service that you literally crush all your
competitors and dominate an industry.
In business it’s all about cashflow, so if you can dominate an
industry, cashflow will never be an issue.
In business, it’s good to
think about the social impact of things – helping people,
making a difference.
My advice to young
entrepreneurs is what I’ve learnt from one of my mentors T. Harv Eker:
“The sole purpose of
running a business is to make money, if you aren’t making money go run a
charity.”
Where can we learn more?
I will be doing an event in
March and April, and scholarships will be given out to those curious to know
more.
Just contact my team at
Success@ UltimateBreakthroughs.com or visit www.ultimatebreakthroughs. com.
Chua said, “The reason I
can do what I do now is because I had the right knowledge and skills and
applied it.
“Now I not only released
two books, Raving Fan Customers and How to Sell to Anyone, but am also
finishing up another called Millionairehood.”
Chua now trains
entrepreneurs, professionals, business owners and salespeople on proven systems
and strategies designed to help achieve the success they want in life.
Chua now closely works with
his partner Li Chun Young, a leadership and life makeover coach who is also
passionate to train many young entrepreneurs and students to help them discover
their passion and create a game plan.
For details, look out for
the advertisement in this StarSpecial.
