Winning in business

By Mr. Somethearith Din, Co-founder,

The Frangipani Villa Hotel GroupThe Plumeria Spa

Phnom Penh, Dec 01st 2012

Somethearith Din, born in Phnom Penh

- 1992-99: Ba. of Architecture, RUFA, PP- 1994-98: Worked at architecture firm, part time, IKH- 1998-00: Worked with UN-Habitat, intern and technical assistant- 2001-02: M.Sc. Urban Management, AIT, BKK- 2002-07: Consultant for WB, Cities Alliance, ADB, JICA, DANIDA,

UN-Habitat, UNDP, UNESCAP, etc. - 2003-11: Part time lecturer, Norton University, Architecture Dept.- 2007-10: Country Manager, UN-Habitat- 2007: Started part time business- 2010: Stopped work for others, Financial Freedom- 2010- Present: Entrepreneur

1st branch, 2011 2st branch, 2012 3rd branch, 2012

4th branch, 2012 5th branch, 2012

The Plumeria Spa

I. Entrepreneur mentality1.1 Passion1.2 Imagination1.3 Courage and determination1.4 Mindset (Positive thinking)1.5 Think big (don’t be average and be the champion)1.6 No short cut1.7 Smart move1.8 Business is a team work (solidarity and sharing) 1.9 No excuse (don’t lay the blame) 1.10 Ability to solve problem and serving more people1.11 Networking and Ability to deal with people 1.12 Be focus 1.13 Branding1.14 Little thing that matter

II. Business RequirementIII. Issues to be considered in Business

Contents

1.1 Passion

I. Entrepreneur mentality

1.2 Imagination

"The truth of a theory is in your mind, not in your eyes"

Albert Einstein "Imagination is more important

than knowledge" Albert Einstein

Let’s try this

Some stories:

- Bill Gates' in-law joke story- Chao Chak Smok

1.3 Courage, determination, and never give up

"You can have anything you want if you will give up the belief that you can't have it." Robert Anthony

1.3 Courage and determination (cont)

1.4 Mindset (Positive thinking)

If you want to change the fruit you have to change the roots

1.4 Mindset (Positive thinking)- cont

1.5 Think Big (don’t be average and be the champion)

First prize

Second prize

Third prize

You are fired !

1.5 Think Big (don’t be average and be the champion)

Nature of Career/ Business, so don’t be average

Blue Ocean (10%- 20%)

Red Ocean (80%-90%%)

1.6 No short cut

1.7 Smart move

1.8 Business is a team work (solidarity and sharing)

1.9 No excuse (don’t lay the blame) and never give up

- 7 up story

- Thomas Edison

- Henry Ford

- Donald Trump(used to owed bank $9,000,000.00)

- Robert Kiyosaki- (used to be homeless)

- Richest man in Babylon - Honda- Bill Gate

1.10 Ability to solve problem and serving more people

1.10 Ability to solve problem and serving more people (cont)

1.11 Networking and ability to deal with people

- Relationship makes you have capital - Relationship makes you have more alliances- Relationship make you have a lot of experts - Relationship will give you chance to learn from other

- The most successful person in the world are those who can deal with people

1.12 Be focus

"The sun's rays do not burn until brought to a focus" Alexander Graham Bell

1.13 Branding

- You, your staffs, and your products are what your brand is

- Interpersonal and intrapersonal

- Brand will lead you to success or failure

Business prisoner: - I must do everything by myself

Business owner:- I must find someone to help me to do that

. Ex1: Everyone can fly (Air Asia)

. Ex2: User paid (Tune Hotel)

. Ex3: No MSG food, Healthy Food, (Park Cafe, City Suki, etc.). Ex4: Touch screen telephone and I pad . Ex5: Ly Hour or Huy Kaing Exchange

1.14 Little thing that matter

II. Business Requirement

EntrepreneurshipManagement

Technique (Knowhow)

III. Issues to be considered in Business

Expertise- Products (Processes)- Legal- System- Networking/ sell- Cash flow

General knowledge- Leadership- Team- Vision

Thank you very much for your attention!Good luck and be courage!

Cambodia We Deserve!

For further communicationsometheareach@yahoo.com, 092 222 180

www.frangipanihotel.comwww.frangipanivillahotel.com

www.frangipanipalacehotel.comwww.frangipanilivingarts.com