Yesterday I visited the killing fields in Cambodia.
I also paid a visit to the genocide museum in Phenom Penn.
After reading all about Pol Pot and the regime of terror he created during the 1970’s I could not help thinking how very little things have changed world wide.
Apparently most countries and businesses are still experiencing recession and I have to ask this question, does it all boil down to power and greed? Naturally comparing the genocide that took place here in cambodia to what goes on in business is ridiculous however power and greed was a motivatng factor and power and greed is certainly a factor in many businesses.
I have seen many good business people lose their livelyhood through failing partnerships in what were great businesses but just badly constructed in the beginning.
There were very similar circumstances in my first business venture when I started at a young age.
All I wanted from a kid was to own my own company yet fear kept me back from starting a company on my own.
Unfortunately I took in a partner and although a formal business agreement was in place, many important aspects were left out.
Trust was important to me and I always believed most good people made business with a handshake.
Luckily for me our business went well for many years and I was able to secure a livelyhood that I am very grateful for but in the end power and greed took over. The partnership split up for the simple reason that these basic business rules were overlooked in the beginning.
My business tip of the day is if you are thinking of entering into a business partnership with anyone, first try and figure a way to do it on your own.
If that fails make certain you make a watertight agreement on what each partner roles will be.

Avoiding this most simple rule is a sure fire way to disaster.

The Malaysian trip went well HIFI video etc is alive and well there.
Dick Tan did a wonderful job in organizing the show.
Believe it or not I am now in Vietnam and have spent a couple of days in Hanoi.
Now about to try a boat trip in halong bay