Seminar

2006/5/29 The Secret to Establishing Million Dollars Business

 

Content

Planning and Preparation

• Understand the challenges and risks of building new ventures;


• Analyze ideas and determine the size and viability of opportunities in different economic climates;


• Apply business models to create plans, elevator pitch, and turning ideas into opportunities;


• Turning an opportunity into a focused strategy and well-defined initiatives (Action Plan);


• Developing competitive advantages for products and services, before going to market;

Management and Implementation

• Attracting top talent, founding team, and the key resource factor- funding;


• Put the proper systems, structures, processes, practices, and incentives into place to successfully create and grow a new venture;


• Develop the visionary, yet pragmatic leadership skills required to build a business and to inspire confidence at all stages of a new venture;

Expansion and Business Growing

• Evolving the strategy, organization, and leadership model as the business grows;


• Building and managing high-performance teams;


• Building a brand, and creating Customers Retention Management;


• Recognizing and managing risk;


• Creating and measuring value for expansion;


• Business Ethnics in venturing new business, and the best practices

Speaker: Mr Eric Wong Chairperson & CEO, Richburg Corporation Limited.

Being recruited as direct entry inspector of HK Police since 1986, Mr Eric Wong joined HK Police for more than 10 years. In 1998 Mr Wong officially left the Police, and conducting r reform and revolution in Richburg motors, developed from a local company to a multi-national company in HK, Singapore and Macau. Staffing expanded from 30 to 150 persons in Asia, and business transaction rose from HK$80million p.a. to HK$700 million in 2004-5.