Choose the Right Business

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How Samsung reinvented itself

13 TIMES before outselling Apple

How many times did Samsung pivot their business before becoming the No.1 smart phone seller in the world, beating Apple at their own game? 13 TIMES! Here’s how…

START HERE – Lee Byung-chull launched Samsung to sell groceries in South Korea in 1938

PIVOT No.1 – By the early 1940s, in a competitive grocery market, Lee changed tack, went vertical and Samsung began producing and selling their own noodles

PIVOT No.2 – By 1950, with the Korean War ruining his business, Lee left Seoul and turned Samsung into a sugar company with its own sugar refinery

PIVOT No.3 – After the war, in 1954, Lee switched Samsung’s focus again, launching the largest woollen mill in Korea

PIVOT No.4 – As Korea developed, Lee switched to cater for the growing population, focusing Samsung on selling insurance and securities.

PIVOT No.5 – By 1960, Lee had switched Samsung again to focus on electronics, with its first electronic product being a black & white TV.

PIVOT No.6 – By 1980, Lee moved Samsung into telecoms, producing telephone switch boards and fax systems

PIVOT No.7 – When Lee died in 1987, Samsung separated into four companies – Department stores; Chemicals & logistics; Paper/Telecom; and electronics.

PIVOT No.8 – By 1980, Samsung Electronics decided to focus on international investing, investing in plants and semiconductor facilities around the world.

PIVOT No.9 – By 1990, Samsung began moving from investing to property, and became a world leader in construction, with building contracts on 3 of the world’s tallest buildings: Petronas Towers in Malaysia, Taipei 101 in Taiwan and Burj Khalifa in UAE.

PIVOT No.10 – In an attempt to rationalise during the 1990s recession, in 1993 Lee’s son, Lee Kun-Hee, began downsizing, selling many subsidiaries and merging the rest.

PIVOT No.11 – By the late 1990s, the merging of electonics, engineering and chemicals in Samsung led to the company becoming the largest producer of memory chips in the world

PIVOT No.12 – As memory chips became more competitive, in 1995 Samsung switched to liquid-crystal displays, and over the next 10 years became the world’s largest manufacturer for flat screen TVs.

PIVOT No.13 – By 2010, with liquid-crystal displays becoming more competitive, Samsung launched a 10 year growth strategy, with smart phones being a key focus. At this point, they were already providing Apple with many components for the new iPhone.

END HERE! (For now) – This year, in 2012, Samsung became the world’s largest mobile phone and smart phone maker, outselling iPhones two to one.

With so much change, what remains the same? When Lee began his company all those years ago, he called it ‘Samsung’ which means‘Three Stars’ in Korean. His three meant ‘big, numerous, powerful’ and the stars meant ‘eternal’. From the beginning, his vision for Samsung was to leave a legacy as a leader in whichever market made sense at the time.

That strategy has led to Samsung having sales today of over $250 billion and producing about a fifth of South Korea’s total exports.

How many times have you pivoted your business onto a new wave of success when things aren’t going your way? What is the bigger purpose you are pivoting your business around?

In fast changing times, take Samsung as an example: Set a bigger purpose, with long term vision and short term results, and have the courage to switch when you need to.

It takes courage, it takes commitment and, as Samsung says in their most recent ads, ‘It doesn’t take a genius’.

Are you currently in the right business?

Harmonic Future Business

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Need More Energy?

Do you no longer have the energy you used to have? Many people may say well it is just your age live with it……….. should you settle for that?

There are 3 different things in play here ( simplified ). Lets compare this to an engine. There is the engine itself, each and every cell in your body. The air we breath ( the turbo ) and the fuel we take in, nutrition.

As we age and are exposed to aging factors like bad environment, UV exposure, stress, bad diet, lack of exercise etc etc. Due to this our cells reproduce slightly damaged every time. (  genes get switched off ). The cells need to transform nutrition into energy. With damaged cells it is like driving a car with an engine that does not fire on all pistons. Regardless what we do if this problem is not solved the energy output will stay low. Luckily there is a way to solve this, if you are interested to find out more about this comment on this post.

Then we need to take care of our oxygen intake. First of all we need to learn how to breath again ( like a new born baby ). Really look at it in times of stress you breath is shallow. Then the transfer of oxygen into your blood cells is also vital this can be improved by exercise and nutrition.

Also the amount of minerals in our water is no longer there. The amount of vitamins and minerals in our food including fruit and vegetables has diminished. Therefor a supplementation of minerals and vitamins is needed that compliment each other. This is key to absorption!!! If they are not taken in a way that the vitamins and minerals compliment each other you will be admiring your color of your urine. So it is key to educate yourself on how to take them.

So Make it Your Bushiness To Get Your Energy Back!

Steve Jobs Is Alive

Enjoy this video it is a must see master piece! Enjoy!!! Share this with your friends they will thank you for it if they haven’t already seen it

http://m.youtube.com/watch?v=UF8uR6Z6KLc&desktop_uri=%2Fwatch%3Fv%3DUF8uR6Z6KLc

 

Harmonic Future Motivation

Gratitude

I am completely amazed having 47 views in 1 day; thank you for your SUPPORT!!! If you feel you can benefit from the info I will be posting here please either click on follow on the Blog or comment on this post. Also please share this with all sea going friends and colleagues that would be interested in this. The subjects that will be discussed here are (but not limited to):

  1. Creating a business while sailing so when the time comes to change career you can do so on your term.
  2. Investing your money so that you have something to show for it.
  3. Education to achieve this.
  4. Motivation to achieve this.
  5. Doing all this in a healthy responsible way and helping other people do the same

Thank you again for your support I hope I will be able to help a lot of people in the industry achieve the life they deserve. Please help me to achieve this by interacting on the different subjects.

Richard

Welcome to Harmonic Future

Sailing has so many advantages like:

  1. Enjoying to see the world
  2. Meeting a lot of different people
  3. Dynamic fast pace work environment
  4. Encountering a lot of different cultures
  5. Living a good and different lifestyle
  6. etc etc etc

But it has one big dis-advantage:

Being away from home!!!!!!!!

There are ways to utilize the positives of this great career and conquer this one big negative. Follow me on this blog to find out more.

Richard