It’s Way Too Crowded
Reason Singaporeans No Longer Love Shopping on Orchard Road
Back in the days before Singapore got so jam-packed with people, Orchard Road was just crowded enough to be considered lively. The only area where the crowds got uncomfortable at times was the underpass between Wisma Atria and Takashimaya.
These days, the entire stretch is an unbearable stench of jostling bodies, especially on weekends. If there are more people, shouldn’t the malls be making more money?
Not enough apparently, due to the fact that newer malls like ION Orchard, Somerset 313, Orchard Central and Knightsbridge have sprung up like weeds in the past few decades and are now muscling in on the market share of older malls like Ngee Ann City and Wisma Atria.
“Driving to Orchard Road and squeezing with the crowds is too stressful. If I need to buy something, I just go straight to the shop and then get out as soon as I can. Shopping at Orchard on weekends is not enjoyable because it’s so damn crowded it makes me nauseous,” says Laura, a 32-year-old self-professed shopaholic and stay-at-home mum.
Singaporeans are feeling the stress of overcrowding, and now spend their weekends trying to find places that are more relaxing and less stressful than the malls on Orchard Road. Some are even willing to travel longer distances to hang out at cafes in suburban neighbourhoods.
Success through Speed by Meir Ezra
How long do you wait for a haircut? For a table at a restaurant? For your car to be repaired?
How long does it take before you get irritated?
On the other hand, how do you feel when you receive instant service?
"You need your car fixed? We can do it in five minutes."
"Hello, you're right on time! Dr. Smith will see you now."
"You need a new driver's license? Okay, stand here for your photo. Here's your license. Have a nice day."
One of the fastest ways to hurt your business is to make people wait. After five minutes they become uncomfortable. In ten minutes they are unhappy. In fifteen they are irritable. After twenty, they decide to leave.
There is no benefit in making people wait. They do not think, "Boy, these guys are really important, really busy, really in demand!" Instead, they think, "These idiots aren't very organized." "Maybe they don't think I'm very important."
"To prosper, service must be as close to instant as possible."
"Anything which stops or delays the flows of a business or delays or puts a customer or product on WAIT is an enemy of that business."
-- L. Ron Hubbard
Businesses that provide fast service or fast products take over their industries. For example, McDonalds gives you hot food in one minute, Jiffy Lube changes your car oil in ten minutes and Lenscrafters makes your glasses in an hour. All three companies have made their owners and executives wealthy because they provide fast service.
The same principle works for you. Each time you make a customer wait, your boss wait or even a coworker wait, you are hurting your income.
For example, a lazy waiter makes a hungry customer wait for ten minutes before taking his order and gets a $1 tip. The same customer gives a $5 tip to a waitress who takes his order within thirty seconds. With 40 customers per day, the fast waitress earns $800 more in tips each week because she gives fast service. The restaurant also makes more money as customers use a table for 45 minutes instead of 60 minutes; more meals are sold.
If you own a small business, you can use this principle to beat the big boys. For example, you open a small print shop, but cannot get enough work to pay your bills. You advertise, "We will finish any print job in 24 hours." Within a week, you have ten new jobs. Even though you work 15 hours per day for a week, you steal a few of your competitors' big customers and make a small fortune.
As another example, your boss asks you and two of your co-workers to gather your production numbers for the past six months. You bring it to your boss in an hour. One of your co-workers brings his numbers at the end of the week. The other co-worker forgets all about it. If you are consistently fast, who will the boss want to give more responsibility and pay? Who might get laid off?
If you wish to succeed and prosper, you must be fast!
Mossack Fonseca promoverá protección de derechos de autor durante el primer Blogger Influencer Week
El primer Blogger Influencer Week se llevará a cabo del 27 de Febrero al 5 de Marzo del 2016 a través de diversos eventos a celebrarse en la República de Panamá.
La División de Propiedad Intelectual de Mossack Fonseca (MIPS) participará del primer Blogger Influencer Week como empresa líder que promueve la importancia del registro de contenido de los blogs y la protección de los derechos de autor.
Los organizadores de este evento buscan principalmente desarrollar oportunidades que realcen a Panamá como una plataforma turística y de negocios, a través del impulso y talento de la comunidad de nacional e internacional con los bloggers e influenciadores más reconocidos y respetados del mundo.
“La ciudad de Panamá una vez más será protagonista de un evento lleno de innovación y vanguardia con el primer Blogger Influencer Week. Como empresa líder de nuestro sector, apoyamos este tipo de iniciativas, con el propósito de comunicar y compartir con a todos los participantes la importancia de registrar y proteger los derecho de autor”, comenta la Lic. Raquel Araúz, Coordinadora de la División de Propiedad Intelectual de Mossack Fonseca.
Agrega la licenciada Araúz que MIPS ha ampliado su oferta de servicios para asegurar la protección completa de las marcas, patentes y derechos de autor de nuestros clientes, evitando tanto la falsificación e imitación de sus productos y servicios a nivel nacional e internacional y generando dinámicas de protección de derecho de autor en nuestra comunidad de talentos
El primer Blogger Influencer Week se llevará a cabo del 27 de Febrero al 5 de Marzo del 2016 a través de diversos eventos a celebrarse en la República de Panamá. Para mayor información sobre MIPS, síga a MIPS en Twitter usando el hashtag:#CuidaTusIdeas.
Sobre Mossack Fonseca
Mossack Fonseca es una empresa líder global en servicios integrales de carácter legal, fiduciario y contable, que cuenta con asesores legales especializados que cubren todas las áreas de práctica y dominan los asuntos relacionados con naves, migración, contratos y propiedad intelectual, así como derecho mercantil en general.
La empresa cuenta con oficinas todos los continentes y tiene más de 500 colaboradores alrededor del mundo; ofrece un servicio de excelencia, con más de 35 años de experiencia en servicios integrales de carácter legal, brindando asesoramiento personalizado y una experiencia de clase mundial con servicios exclusivos en línea, con disponibilidad las 24 horas del día.
The Establisher by Meir Ezra
Imagine a car that can go 230 mph, but has a governor keeping it to 110 mph. Imagine a business that could easily be generating a million dollars in profit per year, but it is stuck at just under 100 K – or is even in debt. Imagine an individual with a power level potential of 10, but who operates at a usual 6.
These “ceilings” or blocks are apparent all around us. It’s a problem that people don’t always know how to fix and so get comfortable in. But that’s not good enough at all…!
This seminar will teach you how to get your people producing at their highest level of efficiency with no effort.
Business is generally simple if each person produces what he is supposed to produce and if he delivers what was produced at the correct place on time.
Yet, most businesses are a hectic mass of people doing things that create more things to do that bring about a need to get more people that will do more things BUT without an actual increase of profit.
The reason is simple.
It is hard to believe or confront, but the reason for ANY lack of prosperity in an organization is internal. Nothing to do with the market, clients etc. Just like a car, the issue is internal. If you can take out the governor from within, you can zoom to new speeds.
While the manager is busy handling the day to day work, he has no time to train his crew and actually resists and resents anyone who thinks about getting time off to get trained.
This brings about internal disagreements and inhibits the efficient creation of results.
Money is the result of results that have been exchanged for money.
If your team is not fully trained, the outcome will not be lack of results, but destruction - as no one is just sitting there doing nothing - so if what they are doing is not constructive, it’s destructive. If they don’t bring results they destroy. And yes, it is another one of those “not easy to confront but true” scenarios.
In this seminar
You will get the tools that will allow you to create the cohesive team you need to run an effective business. You will learn how to train people and how to debug people’s problems. You will learn how to handle the day to day emergencies so they reduce and so that you have time to train your staff.
You will get specific tools to handle ANY difficulties a team member may have. Essentially, you will learn how to get everyone producing.
And the results – money - lots of money flowing in to your organization… and to YOU.
AXIA Consulting: A Premier Consulting Firm
AXIA Consulting is a premier consulting firm that provides technology and business consulting services. Focused on real, business oriented results, AXIA consistently delivers tremendous value by accomplishing projects on-time and on-budget while achieving our client’s strategic, operational, and technology objectives.
As former consultants from nationally-recognized consulting firms, we offer a refreshing alternative to a one-size-fits-all delivery model. The AXIA team delivers world-class expertise at a tremendous value, by understanding, anticipating, and delivering solutions that meet our clients’ needs. This approach allows us to closely collaborate with our clients and business partners to leverage the right resources, at the right time, in the right way, to successfully deliver our projects every single time.
