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Growing Your Wealth Exponentially

Growing Your Wealth Exponentially
BY JAMES OH

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LETTING GO AND MOVING ON BY JAMES OH

LETTING GO AND MOVING ON BY JAMES OH
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MINDSET SHIFT: EMPLOYEE TO ENTREPRENEUR

MINDSET SHIFT: EMPLOYEE TO ENTREPRENEUR
BY JAMES OH

Saturday, January 20, 2018

SEEK PERFECTION

Seeking perfection

Hi everyone,

To seek perfection may sound like a myth to most of all. It is common to hear that there is nothing perfect in this world. To me what counts is the finishing line but not the race. This is what makes life colourful and meaningful as there is always something to complete and look forward to.


However, I have decided to press on and seek perfection in every aspect of my life, be it physically, mentally or spiritually. I like to reflect on my past n be proactive in sharing my personal and professional experiences. To learn from the past and to craft new personalised path to move forward. Sharing these experiences to help others see from the different perspective. Henceforth, I am going to focus and specialise on financial, wealth creation and thinking skills and to create articles based on this chosen expertise. I hope to share these skills and knowledge to anyone who is interested and to keep myself active and energetic.

Moving beyond the horizon is my trademark. Learning is lifelong. As long as we live, we will keep on learning and growing. I like to tread on unknown paths and to use my intelligence to discover new routes. It is like a maze and we need to put on our thinking hats to get out of it. Be creative and imaginative. Always look for ways to transform ourselves. I have done it. I have transformed myself from an introvert to an extrovert. Remind ourselves to live a contented and happy life. Be grateful for what we have.

Now I am throwing the ball to you. Do tell us how you are going to catch the ball. We love to hear from you. Sharing is caring.

With unconditional love,
James Oh

Thursday, January 18, 2018

MOVING BEYOND THE HORIZON


Moving beyond the horizon
Greetings from Malaysia,
"Don't expect anyone to give you anything. If you really believe in something, then fight for it..." – Damon Dash

People always wonder why I am so flexible and can easily adapt to any situation. This I must attribute to my childhood hero, Bruce Lee who said ‘pray for a tougher life and not an easy life.’

Since young I have always been a practical and logical person. I believe that i can achieve better results by doing things differently and not lowering the standards. Since I was born poor I have to use my limited resources efficiently to maximise its results.

Apart from resources, I also need to allocate my time wisely between my part time jobs and studies. To me to be able to do well in my chosen career will allow me to break away from the poverty cycle. I am glad that my perseverance and hard work has paid off and I can enjoy a comfortable though not a luxurious life.
Since young I have always been curious and willing to try new things. I even invested in commemorative coins, stamps and first day covers whenever I have money to spare in the hope that one day I can sell them and made a lot of money. What wistful thinking!!

I managed to secure a grant while i was in varsity. I was very thrifty with my money and with whatevet extras i have, I invested in stocks.

To this day I am still interested in this investment but have fine tuned myself to be more alert and knowledgeable. Now I am venturing into entrepreneurship and book publishing.

Like many people I have been chasing success in my career and wealth and seldom slow down to focus on the things that really matter ..my health both physically and spiritually.
I must say I am very fortunate to know God when I was in my forties. Now I can leave my life to God who will guide and bless me. My faith and my belief in my Creator has been growing steadfastly. PTL.

I hope you will find this post interesting. Do share and thank in advance.
With conditional love,
James Oh



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Wednesday, January 17, 2018

BE GRATEFUL

be grateful
Very happy day to everyone,

I am in full agreement with Jack Ma that we should work harder and learn during our younger days in order to progress. The world is getting more demanding and more advanced technologically. In order to keep up with this trend, we should always upgrade our skills and know how.

In line with this, I am very fortunate that I was able to build my foundation based on my personal and professional experience since young.

I was fortunate enough to be sent by the company to attend seminars overseas to enhance my knowledge and skills to be more productive. From there I was given the opportunity to learn how to see the global market trends so that hopefully I can predict to a certain extent the movements of the futures, currency, and commodities. With this knowledge and skill, I can apply the technology to make some positive impact on our business.

I have always been proactive and throughout the years have been fine tuning my skills to enhance my contribution to the co.

Hope you can provide some feedback.

With unconditional love,
James Oh

Tuesday, January 16, 2018

VISIT FROM MY PENANG BUDDY

Visit from My Penang Buddy
Greetings from Malaysia,

Recently I received another visit from my secondary school buddy. His son has got a job in KL and he took this opportunity to bring his wife for a holiday here. At the same time, he paid me a visit. We had a great time chatting and recalling our younger days.

I was very happy to see him. It was this friend and his mum who I am forever indebted to and without their help I would not be who I am today. I failed to get a place in form 6 because I didn’t get a credit in BM although I met the other criteria. My family was too poor and could not afford to send me to a private school. I have no choice but to work as a research assistant. Though I love the job and the professor I was working with was very impressed with my hardworkingness and passion for the job. Nevertheless, I was not satisfied as I wanted to further my education and achieved my dream to be an accountant. This was my temporary job to help me to save money to pay my tuition fees in a private school. My professor also very supportive and always encouraged me to continue my studies.

With his encouragement and motivation, I resigned from my job and registered at the private school. I recalled vividly how this good friend of mine introduced me 3 students to start my tuition class to help cover my tuition fees.

With his help, I started my high school education. Of course, it was not smooth sailing and I faced some hiccups. There were times when I had not enough money to pay for my school fees. As a result, I was threatened with expulsion. I was determined to complete my education and I tried my best to look for part-time jobs. It was not easy as I had to juggle with my studies as well as to a source for money to cover my tuition fees. Sometimes my late grandmother would give me some money and I would be so happy. She was old but was still working though earning a meagre salary. Until today I remember her generosity and kindness! Bless her soul.

Life was difficult and full of hiccups. It is these challenges that made me stronger and learnt to accept things as it is.

My worse nightmare came when the school authorities refused to release my STPM results unless I settled my 3 months overdue tuition fees. I was at a loss as to what to do. Fortunately, this friend went back and told his mum about my situation. Her mum immediately rendered help and lent me the money. Finally, I got my results and was exhilarated as my result was good enough for me to enter one of the public universities. PTL.

Life has been tough for me but along the way, I met so many good samaritans who have helped smoothen the journey. I am indeed blessed!!

My aim of sharing this story is to give hope to those who are in the same predicament as me. Do not give up. Persevere and you will see the rainbow at the end of the tunnel. We can determine our destiny with God’s help if we do our part.
Please share your stories. Thank you in advance,
With unconditional love,
James Oh

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Monday, January 15, 2018

MY HEARTFELT THANKS TO TRANSMILE


My heartfelt thanks to Transmile
Hi everyone,

Heartfelt thanks to Transmile for giving me an opportunity to attend the IATA courses as a reward for my sterling performance in the co where I managed to deliver several milestones. Attached below are the certs I have collected from my overseas courses.

The overseas exposure was awesome as I was not only able to enhance my knowledge and know how, but also gain confidence especially when different viewpoints on a given case study surfaced and we could discuss and deal with it very professionally and amicably.

On one occasion I was given a chance to deliver my viewpoints which contradicted with the viewpoints of another senior finance executive from another overseas airline. Surprisingly my group members gave me a wholehearted support and agreed with my viewpoints. .Hmm!! I may have some hidden potential and talents after all. I began to gain more and more confidence and was not afraid to accept more and more challenges. I was able to tackle any tasks albeit those with differing or controversial ideas. My outlook and perspectives broadened correspondingly.

I believe this is one of the best and healthy practices if one wants to progress. Perhaps our education system should be more holistic and the students should be taught to think out of the box. They should not be spoon fed. This is now reflected in our examinations which focus on high order thinking skills (HOTS) questions. In this way, our society and country can progress further.

My hope and vision for the future are that no one should be denied an education because of poverty or other irrelevant reasons. Education should be accessible to all. This is practised by some overseas universities.

Secondly, I hope as our nation progresses the people’s mind would as be opened to accept views which are different and access things from different perspectives.

Please share your views. I would love to hear them.
With unconditional love,
James Oh

Sunday, January 14, 2018

LIVE A MEANINGFUL LIFE


live a meaningful life
Greetings from Malaysia,

I hope that my life experiences that I posted from time to time will be helpful to you.

Life is just like a rollercoaster, full of twists and turns. What matters most is what you truly want with your life. Since life is short and uncertain, we should try our best to create a life that is both meaningful and worthwhile.

Make our life memorable so that we will not have any regrets when we leave this world.
My new FB account has garnered an overwhelming response. At the time of writing it has surpassed 4k followers in a short span of time. Thank you all for the great support. I hope it will soon achieve the threshold of 5k followers. Once again my heartfelt thanks.

For your information, I have other fan pages.

Cheers and trust you have learnt something cool today,

With unconditional love,
James Oh

Saturday, January 13, 2018

TRANSMILE WAS MAKING THE WRONG SHIFT THAT LED TO ITS DEMISE

Transmile was making the wrong shift that led to its demise.

Happy day, everyone.
Transmile is the company that I served the longest. It offered me a platform where I was initially given a free hand to put into practice the concept of lean finance which I have learnt from one of the previous companies which I have served and had implemented the 3S successfully.
My past experience with the other companies I served helped me to navigate the lean finance indicators to constantly improve the company performance. I was very fortunate to be able to master these skills through fine tuning my approach and know how from time to time.

However, this approach was set aside after I was removed from the financial division. I was tasked by the top management to focus and lead the internal audit and risk management unit. I was able to craft the charter for the unit which was approved by them but was never utilised for reasons best known to themselves. As a result, this unit was unable to function as it lacked support from the management.

Prior to my removal from the finance unit, I had achieved many amazing milestones. When I joined the company, it was given a debenture holder to a bank. I also managed to get another bank not only to take over the loan but also to offer it on clean facilities (without collateral securities) with much better rates and conditions.

To achieve this I have to think outside the box to create feasible term loans from the bankers' perspectives in order that they are comfortable enough to grant us facilities on a clean basis.

On top of that, I also took the initiatives to explore cross-border leasing but it could not proceed further as the loan sum was too small.

Other initiatives I adopted was natural hedging where we matched our foreign income with our payments to minimise our forex exposure risk.

Since we are an aviation company, fuel costs can be quite daunting and measures should be taken to ensure its consumption was used efficiently. Naturally, it will be wiser for us to embark on fuel hedging to lock in our profit especially for our fixed term contracts.

I hope I have provided you some insights into the tasks of a financial controller and certain financial tools. I hope that all these will be useful to you all. At the height of my career we also managed to access the Llyold market directly to obtain unbelievable rates for our fleet. I was initially proud to be one of the pioneers of the company. I had put my heart and soul into turning many adversaries into blessings.

On the operations side, my ongoing implementation of certain practices has helped to improve our efficiency by close monitoring and attention to details. The daily collection, cash flow, daily fuel consumption and loading report were always on my radar system.

I have also introduced and implemented short-term strategies, apart from profit rationale exercise, to address the ASEAN financial crisis and reposition our aircraft globally to achieve sustainable business growth and profitability during my term as financial controller cum internal audit head.

I was ever ready to learn and implement anything that was worthwhile and benefited the company. It was also for my own pride, fulfillment as well as my satisfaction. This was the company I prided myself to be in and I was willing to put in all my foresight and business acumen to make it a reputable and well-established venture.

However, it was not meant to be like that. The top management has a different vision from mine. They were unscrupulous and mismanaged the company which led them to go against the law and some of them are now battling criminal charges.

I am so thankful that I am not one of them who were blinded by greed. Thank God for leading me to the right path.

Hope you find this post interesting and useful. Stay tuned for more stories about my experience.

With unconditional love,
James Oh


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Friday, January 12, 2018

MY SEVENTH CHEMO

My seventh Chemo
Hi! Gals and Guys,

Thank the Lord for giving me the strength to complete the first part of my chemotherapy. I have another 6 more treatments which will be completed by end of March. Today marked my 7th chemotherapy and also the first for the year 2018.

After the 6th treatment, I had some minor side effects of vomiting and loss of appetite. Hence I lost 100g compared to the last reading of my weight at the end of Dec 2017.

I took the initiative to reduce the intake of Xeloda from 6 tablets to 3 per day. As a result, my oncologist was not too happy at my action and it was made known to me today that I have to take at least 4 tablets a day for my treatment to be effective. Hai...Why didn't he inform me earlier?

As usual, my youngest brother gives me a lift to the hospital on his way to the office. Actually, another new friend which is from the same industry as I offered to send but I politely declined. I had already made arrangements with my brother.

He was kind enough to extend me an invitation to visit his cell group which has a few C... survivors. Hope we can share our experiences.

As usual, after registration, they conducted the mandatory blood test to see if I am fit to proceed with the treatment, followed by other routine tests.

After my consultation with the oncologist, I checked into a single room, room no 707, Orchid Ward, but at a different building. This is a newer building equipped with better facilities as seen in the attached photos.

After several complaints, my insurance company are now more efficient and managed to reimburse my claims within 30 days. It seems that things are moving to my favour now. PTL .

Though my weight has decreased slightly my blood test result was good enough for me to proceed with the treatment.

Everything went smoothly. A good kick start for 2018.

Please continue to pray for me. Hope there won't be any adverse side effects and my organs will not be affected.

I am still continuing with Baqua Qigong, detoxification treatments, taking Chinese medicine, foot bath therapy, and spiritual readings regularly. I believed that these practices have either helped to eliminate or reduce the side effects.

2018 will set me with a new limit for my insurance coverage to cover the remaining treatments. At least I do not have to worry about the financial aspect. PTL.

Stay tuned.
With unconditional love,
James Oh

Wednesday, January 10, 2018

GOD REVELATION TO ME

God revelation
Grace to everyone,

But Moses said to God, “Who am I that I should go to the Pharaoh and bring the Israelites out of Egypt?” And God said, “I will be with you. And this will be the sign to you that it is I who have sent you: When you have brought the people out of Egypt, you will worship God on this mountain.”

The task asked of Moses was enormous. From a human perspective, it was crazy and impossible. It was completely natural for Moses to shirk away and try to squirm out of it. He was comfortable now in the desert with his wife and family.

But God already knew beforehand the magnificent, grand plans He had for Moses. He had already planned this fantastic destiny for Moses.

Moses just had to trust that God would be with him. And the culmination of God's promise would be fulfilled when he returned to the same mountain to worship God symbolizing that he had rescued his people with the power of God.

For us too, we may face a difficult, arduous and impossible challenge which we alone cannot handle without the Lord's strength. However, we must remember with God nothing is impossible. Miracles can happen.

The above story was revealed to me when I had to stand firm with my decision not to be involved with any hanky panky the Company, Transmile, was involved. This was the company which I served the longest.

Remember that God is with us and focus on worshipping Him even in the midst of our challenges.

May the Lord's presence be with us ever so strongly even as we face life's challenges as we continue in the deep worship of the Lord. In Jesus name Amen.
Trust you find it useful,
With unconditional love,
James Oh

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Tuesday, January 9, 2018

TRANSMILE - TURNING POINT OF MY CAREER

Turning point of my career
Greetings from Malaysia,
In my preceding post, I mentioned that I was successful in making a claim from the insurance company. As a result, I was given more and more responsibilities. However, this proved detrimental to me. As I demonstrated my capabilities I attracted competitions and backstabbing from some of my cohorts who are possessed with crab mentality. My abilities and flexibility to handle tough situations led to my downfall. I was not appreciated as the top management considered me a threat.

I was then assigned the unenviable task of investigating the practices of the top management’s relatives. I found some malpractices and some which infringed the law but was not given a free hand to handle them. Then I suggested to let the relevant authorities to investigate my findings. The top management turned a deaf ear and refused to take any actions. I was at a loss as to what to do.

My hands were tied and I could not do anything. I was so frustrated but could not leave the company as I was the sole breadwinner.

I then decided to take a firm stand and decided not to pursue further. They then decided to remove me from the internal audit to yet another unit. This time I was to work together with those I was asked to investigate earlier. I was very very miserable and was pushed into a corner and isolated.

Thankfully not long after that the authorities came and discovered that they had fraudulently inflated and overstated their revenues. This eventually led to the demise of the company.

However, rumours were being circulated outside in the business world about the company. The human resource manager had no choice but to force every staff to execute a non-disclosure agreement to cover up all unhealthy practices. However, it is impossible to cover the raging flame with a piece of paper. This shocking news spread like wildfire throughout the media and several top management were charged for falsified accounts.

Thank you, Lord, for sustaining me and guided me not to give in and collaborated with them. I am grateful to Him for giving me the wisdom and the strength to repeal the oppression from the top management of the company. After the turbulence, I have emerged a much stronger person and are able to take up any challenges.

Stay tuned for more exciting insider stories,

With unconditional love,
James Oh

Monday, January 8, 2018

LESSONS I HAVE LEARNT FROM MY JOURNEY

"Don't get too comfortable with who you are at any given time - you may miss the opportunity to become who you want to be." Jon Bon Jovi

Lessons I have learnt from this journey
Happy day everyone,
As I reflect, I realise that I have truly grown and develop mentally and spiritually when I encounter storms. Two decades ago, I lost my son when he was stillborn. I sank into depression and without God's salvation, I would still be living in the darkness.

His strength was made perfect in my weakness. It was God's peace that kept me steady, safe and secure. As I clung to Him to seek guidance and consolation during the turbulent times, He held out His hands and drew me closer to Him and I felt as if a huge burden has been lifted from my shoulder.

I am His living proof of the mighty work that He can do. I am just a vessel for Him to carry out His work. All the titles and glories belong only to Him.

I have pledged my allegiance to him and will obey His instructions voluntarily. By being obedient to him I have achieved success. Hallelujah.

In other words, I have become more God centred rather than self centred. With that I let Him be the navigator of my life. I now allow God to lead me to the path that He has created for me. I have found fulfilment in my life. For those who are still struggling in the dark, you do not have to seek far. You only have to surrender your life to God.

Please leave your views in the column provided.

With unconditional love,
James Oh
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Sunday, January 7, 2018

ONE OF MY AMAZING EXPERIENCE

One of my amazing experience
Greetings from Malaysia,
In my previous post, I have mentioned that I have managed to make an insurance claim for a total loss of one of our aircraft.

With this successful claim, we managed to create a good strategy and know how and thus helped to place the entire fleet with minimum adverse effect in spite of our loss record.
This also led me to explore and expand my work functions. I managed to close a deal to sell off one of our aircrafts to a leasing company during the Asian financial crisis of 1997.
After completing this sale, I found out to my dismay two of our existing passenger planes had been involved in an accident before. One of the planes had been paid compensation after we had a trial flight just before delivery. As a result, the leasing Company changed their decision and purchased only one of the aircrafts instead of two.
My team and I had a hard time to ensure that the aircraft met all the requirements. Finally, it passed all the requirements and we flew the plane to New Zealand as it was their chosen destination. I was lucky to be in the delivery team and I was tasked to be in charge of payments. I had to pay on behalf of the company for the services incurred for the delivery. It was a great experience for me as I had a chance to sit in the cockpit and see with my own eyes the process of taking off and landing.
Our company had another blessing as the plane was sold when the ringgit was weak against the US dollars. Thus we had the chance to lock in a handsome profit and turnaround the company.
Another milestone in my career. PTL as my confidence grew with this successful deal.
Stay tune for more exciting stories,
With unconditional love,
James Oh