Starting a business

“Should I set up a company?” is the question that always irritates startup wanna be and overseas companies.

young attractive woman is sitting at the table planning to form a company

I still remember the time when we ran into a world-class top-ranking consulting company to consult. They ask for USD 20k for consulting while doing a self-introduction and a few chit chat.

There is also many local service firm that provides one-stop service, so it is good to explore more that best meet your requirements. In some condition, these world-class consulting firm are the best match. I have quite a number of experiences using a local consulting firm, local C.P.A., local accountant, and even doing myself on the companies I helped formed and my startup. …

When a new customer drops in your shop and said “finally I found you, Culumtio”, the shopkeeper knew it was been referred by an old customer, and the potential to buy is extremely high.

Being an SME (Small and Medium-size business) shop operate by 3 women, Culumtio is just a small 2x3 meter shop in Bogyoke Market. When there are 2 groups of the customer, there is no hope to attend the late coming one.

SME are not like an established business, they have limited resources on manpower, facility, access to finance. …

There was an event that I bought a mansion room in Tokyo and lived for almost 5 years, then resell even at a little profit, make me 5 years free living in a brand new mansion in Setagaya totally for free.

The the real estate market in Japan in 2010s is a bit boring, no appreciation for asset prices, average rental income is 9% or less of investment. How do I make it? I just follow a few rules that I discover during my 3 years of property search.

Yes, it take 3 years. For some it might take within…

ကုန်ထုတ်လုပ်ငန်း၊ ဝန်ဆောင်မှု၊ ဖြန့်ချီရေး၊ လက်လီရောင်းဝယ်ရေး၊ စိုက်ပျိုးရေး၊ ဆောက်လုပ်ရေး၊ ပညာရေး၊ ငွေကြေးနှင့် အာမခံ၊ ဖျော်ဖြေရေး စတဲ့ လုပ်ငန်းသဘာဝပေါ်မူတည်ပြီး နေ့စဥ် လုပ်နေရတဲ့ operation တွေကွာတတ်ပါတယ်။ လုပ်ရတာကွာတယ်ထင်ရပေမဲ့ စီမံခန့်ခွဲမှု ပညာရပ်ကနေ ကြည့်ရင်တူညီတာတွေရှိပါတယ်။ စီးပွားရေးအမျိုးအစားကွာခြားပေမဲ့ HR, Accounting, attandance payroll, Inventory control စတဲ့ လုပ်ဆောင်မှုတွေဟာ လုပ်ငန်းတော်တော်များများမှာ ပါနေပြီး စနစ်ကျဖို့၊ စွမ်းဆောင်ရည်တက်ဖို့၊ အရည်အချင်းရှိဖို့ဆိုတဲ့ ရည်ရွယ်ချက်ပန်းတိုင်တွေကို ဘုတ်အဖွဲ့တွေ GM တွေက ချမှတ်နေကျဆိုတော့ မန်နေဂျာတွေ၊ ကြီးကြပ်ရေးမှူး၊ အကြီးတန်း ဝန်ထမ်းတွေအတွက် စိန်ခေါ်မှုတွေပြည့်နေတဲ့ ကဏ္ဍပါဘဲ။

နေ့စဉ်တွေ့ကြံဖြတ်သန်းနေရတဲ့ အလုပ်တွေကိုမှ ပိုပြီးစွမ်းဆောင်ရည် တက်အောင်လုပ်ပြနိုင်ဖို့အတွက် IT နည်းပညာတွေနဲ့ ဘယ်လိုပေါင်းစပ်အသုံးပြုနိုင်သလဲဆိုတာ တင်ပြပေးသွားပါမယ်။ ကောင်းမွန်တဲ့ HR စနစ်တစ်ခုမှာဆိုရင် အလုပ်တက်ချိန်၊ အလုပ်ဆင်းချိန်စတဲ့ attendance တင်မက တယောက်နဲ့တယောက်မတူညီတဲ့ employment contract တွေ ကိုယ်ရေးအချက်အလက်တွေကို ထိန်းသိမ်းနိုင်ပြီး၊ တနေ့တာ လုပ်ဆောင်ချက် timesheet၊ report ပြီးလား၊ ကျွမ်းကျင်မှု မှတ်တမ်း၊ သင်တန်းမှတ်တမ်း၊ bonus အစီအစဥ်၊ performance review တွေကို လုပ်နိုင်ပါတယ်။ ဒါ့အပြင် HR System ဆိုတာ ဝန်ထမ်းထိန်းသိမ်းရုံတင်မကဘဲ စီးပွားရေးလုပ်ငန်းအတွက် အရေးကြီဆုံးအရင်းအနှီး တစ်ခုဖြစ်လို့ Human capital development ကိုဖော်ဆောင်နိုင်တဲ့ skill development ပါဝင်တဲ့ စနစ်တစ်ခုပဲဖြစ်ပါတယ်။ ကိုယ်တိုင်ခွင့်တိုင်တဲ့စနစ်၊ အဆင့်ဆင့်ခွင့်ပြုချက်ရယူတဲ့စနစ်၊ လမ်းစရိတ်စတဲ့ ကုန်ကျစရိတ်ကိုတင်တဲ့…

On average, a new Product that sells needs 18 months to develop, another 12 months to maintain, thus a total of 5 years to sustain and scale out and become a mature product.

Here, “a new product that sells” mean, not the upgrade version nor the 100% fully spec just need to convert into code, nor product with very low users. There might be a concern about using new technology and a faster development lifecycle, to make the time taken shorter. …

In recent years, people from all aspect of life might feel that the improvement of banking system in Myanmar. Although product offering are still limited, most of the basic features are already availble and functioning.

Let me go a bit details what features become available until end of 2020 (because recent months has changed a lot), starting from ATM as Myanmar was a prominent cash (printed notes, M1) economy society.

ATM — Automatic Teller Machine

ATM are around the corner in big cities and small town basically location must meet internet and electricity availability, but they are with security guards. ATM can only dispense paper…

Economic View

Will isolation, economic sanctions, low technical capacity, foreign ties cut hurt Myanmar?

Just 3 decade ago, Myanmar known as Burma that time undergoes its historical 2nd coup in September 18, 1988 following the 8888 uprising. The martial ruled SLORC promise 1990 election, but not recognised the outcome and try to administrate country in their way. In 1992, there was power shuffle between Junta and then tried to build international image with inviting international business to invest in the newly changed name Myanmar, a few came. Tourism seems a booming sector in Southeast Asia and 1996 was set for Visit Myanmar Year. In 1997, Myanmar was admitted to Association of South East Asian…

I am going to start my new year resolution challenge of writing series of bookreview. My first pick is Jim Collins’s Good to Great because I believe Good is the enemy of Great. What make this book distinct is the author as a teaching professor, he use a team and a total of 15,000 hours in 5 years on research then he wrote it based on facts found. It is scientific with charts and figures from business, it is also art that explain the success of a business to human’s behavior. I start read the book in 2002, where waiting…

AK Hlaing

Entrepreneur, Technologist. Love reading, traveling. working on strategy, driving the digital transformation forward, business process & startup

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