What’s Happening In 2009?

Here is what happening and what’s going to happen in 2009.

1. This time compared to 1997, the recession is going to be really worst. Some estimates that it will prolong till mid-2010. From financial institutions, to services, constructions right up to manufacturing will be affected pretty hard.

2. Manufacturing business is pretty badly affected. At present, there are quite a number of factories in Johor Bahru, Penang, Ipoh, Shah Alam and Klang as well as some other major cities have already started to shut down their operations more than a week monthly. Force leave are being enforced now. More and more factories is starting to do the same. The last effort to minimize the cost is to close down the factories and leave the workers unemployed which we have yet to hear.

3. From manufacturing, it will go directly towards other industries in no time.

4. In most cases, Malaysian couples are both working. But there are also some who lives on a single income. However, the household income normally is either just nice or still not enough to cater for their monthly needs. Not much left behind for savings. If the breadwinner, either one of them or both of them are out of job, this will create chaos as they do not have something to fall back to.

5. Everyone now realize that they need something to fall back to besides having a job. Relying solely on a job may not be a good idea now. It is not easy to get a second job as they will have no more time to trade for money due to their first job.

6. Not easy too for them to go into commission-based sales activities due to their lack of contacts, skills and experience in physical selling. The easiest way is to go into a business themselves. And the criteria of their business has to be cheap and easy to establish, run and manage, minimum initial and monthly investment, global-based customer would be great and finally has to be easy, fast to develop with a good return on investment.

7. This fit into criteria of online or internet-based business. To do this type of business, besides having or easy access for internet, a good working condition of PC or laptop is required too.

Here is our plan. We want to encourage these groups of people. We want these groups of people to get themselves decent laptops, and call us for further fine tuning or repairs which tools is needed to empower their online business. We want their entrepreneurship journeys to be successful ones. If their business is doing well, our business will be doing pretty good too.

With a good combination of nationwide presence (we have a large pool of engineers nationwide) and a reasonable pricing structure, we are pretty sure that our strong commitment will bear fruits within 2 years. That is our plan in general, and so far things are going pretty good.