Navigating Business Growth Like a Pilot

Starting a business is much like piloting a plane. In 2021, I took off with minimal capital, flying a small Cessna 172—a lean startup with just enough fuel to get airborne. As I navigated the skies of entrepreneurship, I faced the challenge of transitioning to a larger aircraft, a mid-sized business that required a bigger runway and more resources. By the end of 2023, I found myself preparing for this critical takeoff, expanding from a 2,000 sqft storage area to an 8,000 sqft building. Along the way, I discovered that TikTok could be my Air Traffic Control, guiding me through the complexities of this new airspace. This is the story of how I transitioned from one plane to another, soaring to new heights in my business journey.

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Business Decision, Entrepreneurship Edward Wong Business Decision, Entrepreneurship Edward Wong

IQ is not equal to wealth?

Embark on the journey of success by prioritizing others over yourself, realizing that intelligence alone doesn't guarantee financial success; as you climb the professional ladder, understand that true success hinges on cognition and emotional intelligence, and embracing the wisdom that letting go of ego is the key to triumph in the dynamic realm of business.

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How to Avoid Price Wars in the Ecommerce World: Why Your Competitor Is Your Friend

To avoid a price war and come out on top in the world of e-commerce, it's important to shift your perspective and treat your competitors as allies rather than enemies. This means focusing on differentiation, collaboration, and providing value to your customers in other ways, rather than engaging in a race to the bottom on price. By viewing your competitors as friends and looking for ways to work together, you can build a strong and sustainable business that stands the test of time.

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Starting a Business and Leaving Aviation Pilot Industry: Building a New Career

Making a career transition can be tough, but it can also be a rewarding experience. As a former pilot, I never thought I would leave the aviation industry and venture into e-commerce. However, when the pandemic hit, I realized I needed to pivot my career and explore new opportunities. Starting my own business allowed me to pursue my passions and provided a new sense of purpose. Building a supportive community, having a clear timeline and budget, and establishing your own platform are crucial for success. With patience, hard work, and a willingness to take calculated risks, you can successfully transition to a new career and build a successful business.

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Entrepreneurship, Startup, Business Decision Edward Wong Entrepreneurship, Startup, Business Decision Edward Wong

Be a Satisficers, not Maximizer

In today's world, we are constantly striving for perfection in all aspects of our lives, from business to personal relationships. But is this pursuit of perfection always beneficial? In this article, we explore the concept of "Maximizers" vs. "Satisficers" and why making the shift from one to the other can have a significant impact on our lives. Drawing from personal experience and research, we provide practical advice on how to become a "Satisficer" and how this change in mindset can lead to improved decision-making and overall life satisfaction.

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