What do you want to achieve this year - 2012 ? - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > General Discussions

General Discussions Say your hello's and discuss anything under the sun




What do you want to achieve this year - 2012 ?

Reply
 
Thread Tools
  #1 (permalink)  
Old 06-01-2012, 02:25 PM
Millionaire Member
 
Join Date: Sep 2011
Posts: 275
Hermit is on a distinguished road
Default What do you want to achieve this year - 2012 ?

Any new resolutions?

New sector to move into ?

New business venture on your mind ?

New focus in your life ?

Reply With Quote
  #2 (permalink)  
Old 08-01-2012, 02:32 PM
Senior Member
 
Join Date: Aug 2011
Posts: 31
1973 is on a distinguished road
Default

Hermit,

Have your life changed? Have you found a new job?

Reply With Quote
  #3 (permalink)  
Old 08-01-2012, 02:56 PM
Senior Member
 
Join Date: Aug 2011
Posts: 31
1973 is on a distinguished road
Default

Luck seems to be knocking at my door.

A longtime friend of mine invite me to join a business venture. Will give me 10-20% shares. Don't need to come out with any money. He has a childhood friend in Malaysia who would like to export things (I won't reveal what is it here) to Singapore but potential customers want to cut his price to very low level. These customers will get the import through the newly formed Singapore registered company by us such that they have to excuse to bargain price.

Reply With Quote
  #4 (permalink)  
Old 09-01-2012, 02:59 PM
Millionaire Member
 
Join Date: Sep 2011
Posts: 275
Hermit is on a distinguished road
Default

Quote:
Originally Posted by 1973 View Post
Luck seems to be knocking at my door.

A longtime friend of mine invite me to join a business venture. Will give me 10-20% shares. Don't need to come out with any money. He has a childhood friend in Malaysia who would like to export things (I won't reveal what is it here) to Singapore but potential customers want to cut his price to very low level. These customers will get the import through the newly formed Singapore registered company by us such that they have to excuse to bargain price.
Hi 1973, no I have not found a new job. But then again, I am not looking for one.

Is this your first business partnership? Do be careful that you have an active role in the business, and not just in there because you guys are friends. And I am sure you have heard what business disagreements can do to friendships... All the best !
Reply With Quote
  #5 (permalink)  
Old 09-01-2012, 03:25 PM
Senior Member
 
Join Date: Aug 2011
Posts: 31
1973 is on a distinguished road
Default

Quote:
Originally Posted by Hermit View Post
Hi 1973, no I have not found a new job. But then again, I am not looking for one.

Is this your first business partnership? Do be careful that you have an active role in the business, and not just in there because you guys are friends. And I am sure you have heard what business disagreements can do to friendships... All the best !
Hi Hermit. Why don't you have to look for a job? Do you have alot of saving or you have something that you want to do?

We don't have active role. Since I don't even need to come out with any investment money, I can't really ask for too much. we will have to visit his factories in Malaysia to checkout only if we are invited to invest more to increase capacity or things like that. I am very cautious not to lose my friend because of business. It is realy up to them, whatever percentage of shares, they are happy to give me.
Reply With Quote
  #6 (permalink)  
Old 09-01-2012, 04:09 PM
Millionaire Member
 
Join Date: Sep 2011
Posts: 275
Hermit is on a distinguished road
Default

As my name suggests, I am now sort of a hermit. Only I live in town instead of in the mountains.

I have not worked for others since quitting my MNC job in my 30s. I am now in my 40s and I sold my share of the company I helped built. But I still have a stake in another business.

I spend my time with my kids and a few close friends. Do some amateur investing/speculating, catch up on reading and also exercising.
Reply With Quote

  #7 (permalink)  
Old 10-01-2012, 01:53 PM
Senior Member
 
Join Date: Aug 2011
Posts: 31
1973 is on a distinguished road
Default

Hi Hermit,

Good for you.

If my friends invite me to put in more investing money into the venture. What legal process should I look at to protect myself as a minor shareholder?
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Time to Job Hop, Happy New Year Salary.sg Income and Jobs 3 05-05-2016 08:49 PM
Year-End Bonus Ranking Salary.sg Income and Jobs 27 20-07-2012 06:57 PM
What your view of the Stock Market in 2012? newlaunchsingapore Market Talk 3 06-06-2012 01:18 PM
Cathay Pacific 2012 brighter asia Income and Jobs 0 19-12-2011 09:17 PM
Wage increase at 4.1% this year Salary.sg Income and Jobs 0 13-07-2007 01:06 PM

» 30 Recent Threads
Comp Science Frsh Grad Salary ( 1 2 3... Last Page)
522 Replies, 17,616 Views
Career of an ERP consultant
2 Replies, 104 Views
Working in HDB ( 1 2 3... Last Page)
369 Replies, 295,738 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
521 Replies, 151,915 Views
Starting Pay for CS/Ministries... ( 1 2 3... Last Page)
189 Replies, 54,242 Views
ST Electronics ( 1 2 3... Last Page)
1,311 Replies, 322,875 Views
Cybersecurity/Info security career ( 1 2 3)
21 Replies, 3,349 Views
UOB Management Associate Program ( 1 2 3... Last Page)
385 Replies, 209,486 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
1,126 Replies, 872,758 Views
How much does influencers make...
6 Replies, 731 Views
Where would you invest your money... ( 1 2 3)
28 Replies, 17,159 Views
Third Class Honours/Second Lower... ( 1 2 3... Last Page)
43 Replies, 28,299 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
4,071 Replies, 1,408,709 Views
Covid-related job opportunities... ( 1 2)
15 Replies, 935 Views
IRAS salary
3 Replies, 179 Views
Compare civil service salary ( 1 2 3... Last Page)
11,206 Replies, 6,245,330 Views
Salaries for Tech Product Manager
6 Replies, 2,303 Views
Lawyer Salary ( 1 2 3... Last Page)
10,042 Replies, 3,363,333 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
3,572 Replies, 2,123,297 Views
How is life as a doctor in... ( 1 2 3... Last Page)
1,704 Replies, 1,060,999 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,136 Replies, 3,950,967 Views
JP Morgan ( 1 2 3... Last Page)
47 Replies, 27,252 Views
DBS tech seed programme ( 1 2 3... Last Page)
241 Replies, 39,092 Views
Salary working for SEA FP&A... ( 1 2)
18 Replies, 6,814 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
2,870 Replies, 1,248,535 Views
Assistant Director considered as... ( 1 2)
10 Replies, 1,672 Views
Starting pay for fresh uni grad... ( 1 2 3... Last Page)
141 Replies, 7,959 Views
Career as Teacher ( 1 2 3... Last Page)
3,027 Replies, 1,899,209 Views
Private Degree accepted in Govt... ( 1 2 3... Last Page)
38 Replies, 21,932 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 09:09 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2