It’s Sunday, March 15, 2009 - looking at my financial positions & the business
What can I do…it’s already March…with so much to do I is still way far from my target… About my project things that should engaged with MOSTI is still in the process of discussion…I was supposed to getting some good news from my propose-to-be appointed the Technical Partner for the project but yet till today still receive no answer, it’s not a negative answer, just that I haven’t received any answer….maybe I just need a little bit of passion….
But anyway, life goes on…I still got things to do…still have problem to be settle ahead and also still looks for more problem. Huh, as entrepreneur one things that I know is to fix the problem….that’s how I made my living. More problems I solved, the better I am to understand, and also the better money I made….., am I correct.
Speaking about financial situation - I’m still good at it. Not that really good, but at least I still got my 5 figures income into my bank accounts…ok it’s the company accounts. The short term objectives is to ensure that tomorrow I’m going to make a call to the clients and asking about the Purchase Order I’m going to receive…all together is valued at almost RM50K…..I’m pretty much sure that I’m going to have it. No worry, that’s the project value for this month..With thatRM50K, about RM35k is going into my Contractor…and the rest 15K is for the company….not for me.
Speaking about the asset, I’m just waiting for the bank to pump in some cash into my dad accounts….that money, parts of it is going to be invested into my business…just part…Basically, I just doing a refinance into my parents house…it’s my dad idea…the objective is to help him to cover up some of his project…and to strengthen the family finance.
Anyone may not believed that how come 26yrs old dude (it’s me) with a no proper pay slip can convinced the bank to get a RM200K housing loan…But it’s just happen when I sending my documentation which is my finance statement, the bank already confidence, my housing loan just get passed!…so technically at this stage I’m already own an asset….The reason why my parents did that is quite easy….helping me for my business….and to ensure that the family property should be divided equally if in any case that they’re no longer here…..(this might be difficult to say)..But at least we’re prepared.
I’m still got long way to go…basically in these recent years I just got failed for my another grant application,….it’s the MSC Pre-Seed fund….I’m just guessing that maybe the panel itself is a kind of not-very-intelligent types…..they’re not in a business background, not even in IT fields….that’s what my friend said to me just know.
As a result, now I’m still have to continue my project but this time I have to learn on using my own funding, which is not good at all…As I’m blogging right now, I’m still in a middle of crisis of completing my own projects without an assistance….I hate this time, because this project is going to cost me a lot of time and effort…I did looking for an assistance but no one comes forward, now I know how difficult to find a right assistance…Arrrgghhh feels likes going to have a bungee jumping….I’m so high right now….ok that’s all for today..
Now I know the pain…. and the meaning of…Money can’t buy everything.