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Business

Cambodia’s Young Entrepreneur Kimsa Sok Reveals Secret To His Success

Cambodia’s Award-winning entrepreneur Sok Kimsa, better known as Kimsa Sok, is among the influential youths in Cambodia who are advocating for economic growth through entrepreneurship.

The young businessman who has achieved tremendous success has tasked himself with the responsibility of educating the youth to be also independent by creating their own sources of income.

Mr. Kimsa was recently a subject of discussion among business stakeholders, particularly those dealing in the chef executive of KimsaFeed, with his strategy of incorporating entertainment in his commercial activities. 

It has been a tradition among business stakeholders to advertise their businesses on online platforms. Mr. Kimsa, on the other hand, holds the belief that business cannot succeed without entertainment.

He explained that as a business person, he has been forced to think out of the box in his marketing strategy, but was also quick to add that his new venture will create employment opportunities for the jobless youth. Speaking at a popular media station, he reiterated his belief and trust in the power of the youth.

“I believe a lot in the power of the youth and self-dedication but more so in long-term goals in everything that they do,” Mr. Kimsa Sok stated.

In recent days, KimsaFeed is a Cambodian website that publishes articles about news and entertainment with a focus on digital media. It was established on March 1, 2019 by Kimsa Sok he is the co-founder and CEO of KimsaFeed, an international tour guide for the Ministry of Tourism of Cambodia.

Mr. Kimsa said that his main objective and motivation in various sectors of news and entertainment is to see that his fellow youth succeed.

“I have a plan to ensure that every region in Cambodia gets new knowledge and general information so that Cambodians get to benefit from my company that be affordable,” he noted.

Over his short period in entrepreneurship, Mr. Kimsa Sok has been nominated for various Cambodia’s top awards.

In 2020 Kimsa Sok was nominated at Cambodia Digital Awards (CDA) as “Best Male Entrepreneur on the Digital”. While also getting a spot in Cambodia Consumer Choice Awards (CCCA) 2021 nomination this round as the “Most Preferred Upcoming Male Business Icon of the Year 2021” in the category of Corporate and Business Professionals.

Kimsa who runs a chain of KimsaFeed company across Cambodia has been a big dream to share general knowledge around the world, with the kind of investments is he pumping into the media industry.

In 2019 Kimsa began investing in the-then growing web industry in Cambodia. As of 2020, Kimsa remained the CEO of the company.

In early 2019, he founded KimsaFeed, Inc. in Phnom Penh, Cambodia. He is now the most inspiring young entrepreneur in Cambodia with over 5 employees in his company, and in 2021 he won Cambodia Consumer Choice Awards in the Most Upcoming Businessman of the Year category. The name of his company was split from “Kimsa Sok” to “KimsaFeed, Inc.”, he said.

“Business Without Entertainment is not complete, so I have to think outside the box to bring motivation to my customers, but also this is a job opportunity for my fellow young people with dreams and goals far” says Kimsa Sok.

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Business

Food Boss shares his top bits of advice for aspiring entrepreneur chefs

The celebrity chef talks about what helped him strive for the last three decades.

Born and raised in Brooklyn, New York, Frank has used his inherent culinary expertise and infused them with entrepreneurial skills that have been the reason for his success. The Italian chef runs his show called In The Kitchen With Frank across different social media platforms and has gained an ever-growing audience for himself. His entrepreneurial achievements include owning and operating catering venues called Ariana’s Grand and Ariana’s South for the past twenty-five-plus years.

Better known on the internet as Food Boss, Frank has crossed over a million followers on Tik Tok alone and his cooking videos have become viral for several different reasons. It may seem like the chef has a never-ending streak of luck but it is his tried and tested skillset that has helped him in every realm of life. He is with us today and will share his top tips for aspiring entrepreneurs’ chefs who aim to follow in his footsteps.

Always start with what you are best at.

I clearly remember back when I was entering the food business that many other options were also available for me to go into. Some of my friends were going towards automobiles while others were looking to sell real estate. Both of them seemed like good careers to take up for me but I chose what I knew from my birth. It was cooking. I had a knack for making huge feasts for the family and even when friends would come over. This was turned into a living by me when I started my first catering venue Ariana’s.

Constructing a brand must always be the priority.

Most people try to get their hands in everything they can all at once and end up ruining everything. I’m not going to say it’s something bad to be hustling, but it must be done in the right direction. If you have made up your mind about a specific industry and business, just focus on making the brand instead of making yourself famous. In case the brand does not service, you have the chance to start another one. For me, it was when I started my kitchen called Ariana’s. It’s the name of my firstborn daughter. When I moved to the internet, the strategy was the same. The name of the show was In The Kitchen With Frank while I branded myself as Food Boss. Now everyone knows me as Food Boss and the brand has a strong social media presence as well.

Never be afraid of growing on your success

I’m going to be straight on this one, there is a limit to the success you can get from a certain outlet. You must be ready to expand when the right time comes knocking. In my case, it happened twice. First when I got the chance to open the second catering kitchen which I named Ariana’s Grand. Secondly, when I was going to start my online career and post my videos on the internet. Needless to say, you always miss every one of the chances you never take!

Be Open to new ideas and skills

At the start of my career, it was a good option for me to just focus on Italian cuisine and make it the theme of my kitchen. I can’t explain how lucky I am to not take that route. Now the whole world knows that we do not only cook Italian. This would have also affected me when I was going to post my videos online. People would have only known me for being good at Italian food and not as a good chef overall.

Adapt yourself to the changing times

Hard times come and go, but only the tough get through those times. My rule for this is to always adapt to the new normal and build your success from there. When public gatherings got banned, I realized it was a sign for me to find interest in something new. For me, it was In The Kitchen With Frank. It would have been the end of the road for me if I had not found a new thing.

You can have a look at the delicious feasts Frank makes at his home by visiting his Instagram, YouTube, and Tik Tok accounts. He urges all his viewers to try out his recipes and get in touch with him whenever they need his help or can suggest something even better.

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Business

Helpful Tips for Investing in Housing and real estate according to the successful entrepreneur, Reza Jalali

To succeed in the real estate market and make a profit and wealth from investing in this market, having money and capital alone will never be valuable and efficient. Therefore, let us know some information and follow some tips to succeed in this market. It is necessary to read more with the consultants of Farasoo realty Group (MBA Cafe) to induce some samples of methods and tips which will facilitate you to invest in the real estate market.

1- Investing in a recession

The growing realty cycle implies that the customer controls the market, and you will be able to buy the property at a reduced price during a recession to sell it at a high value-added boom. During this era, you will be able to also earn money by renting your property.

2. Do not ignore local research

To buy a property or land, just paying attention to its price can confuse you. You purchase a property for two purposes. Either you wish to sell it later at a higher price; otherwise, you want to rent it. In any case, to attain these goals, you may need a decent market for your property. So before investing, give some thought to the demand situation for getting and renting property therein area, and whether at a price you opt to buy the property, the demand for property therein neighborhood is specified you will, otherwise you may incur a loss.

Try to put the pros and cons of property together, then predict its future. So do not forget that when investing and buying a property, just paying attention to its price is not enough.

In different provinces, the real estate market is local, but in big cities like Tehran, this market is suffering from various issues. Watch out to make sure you are not just buying a property that seems to own an affordable price, and you will determine after the purchase that this property is found in an unfavorable area. Does one have to know what place you are targeting? What makes a decent area?

You need to grasp if you intend to stay your home as a permanent or property, will the investment you make increase? If this home is the property you are renting, it is a good idea to make sure you are buying it in areas with a rising price or constant demand for rent. You will also need to make repairs or alterations after purchasing a home, asking yourself, what does the market have for you when your home renovation is complete? You would like a real estate expert who knows the local market well, who can answer your questions on the property you are buying and address your concerns. Remember, it is crucial to be aware of the local market you intend to invest in for realty. Therefore, it is better to talk to real estate consultants who have been officially and legally active in this field for many years.

Farasoo real estate Advisors can facilitate you along the way; All you must try and register your application with Farasoo Group so that Farasoo Consultants can enable you in this regard.

3- Seek excellent opportunities

One of the factors which will guarantee your profit in land investing is the price you pay to buy a property. In the real estate sector, a decent purchase could be a purchase that is up to the typical cost of the property therein area or maybe less than the usual price. Once you have cash, you may have the facility to form good use of the excellent opportunities within the land sector. Excellent opportunities usually arise at a time when the possessor is in dire need of money and desires to sell their property as soon as possible. In such cases, if you have money, you will profit from those opportunities.

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Business

Sinan Ezam, an Iranian entrepreneur and active in the US Forex market

Sinan Ezam has been involved in the Forex market since 2006 and has been in crypto for nearly three years

Sinan’s description of Forex and Crypto:

What is Forex?

Forex is a Latin term derived from the two words foreign interchange, which implies the exchange of foreign currencies. The simplest definition for the exchange of foreign currencies is that the conversion of one currency into another, many of which are employed to shop for and sell goods or services of companies and governments, travel and shopping expenses of tourists, or investments of people and corporations in the country is employed. Of course, most currency exchanges make a take advantage of the difference between the acquisition and sale price.

In the global currency exchange market, all banks (commercial, central and investment), large financial institutions, multinational corporations, traders, insurance companies, export and import companies, pension funds, speculators and individuals, currencies They trade different currencies like US dollars, Euros, Pounds, Yen, etc. Unlike most other financial markets, this market does not have a particular physical location, and banks, institutions, and traders trade one currency against another through the electronic network. Although the character of Forex trading is over the counter, the main foreign exchange trading centers are in London, New York, and Tokyo, respectively, and banks worldwide participate in these trades.

Forex trading is buying one currency and, at the same time, selling another currency. Currencies are traded through a trader or broker in pairs. For instance, Euro and USD (EUR / USD) or British pound and Japanese Yen (GBP / JPY). Forex trading is often summarized in two goals: 1. First, sell at a high rate, then buy at a low rate 2. First, invest at a low rate and sell at a high price.

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Business

Know the 4 must have Characteristics of an Entrepreneur through the experience of Billal Ali

It is hard to believe the fact that ‘the pattern of your habitual behaviour heavily affects your professional life and choice’. The ones who keep up with being under control of someone end up in a service for the benefit of others. On the other hand, the ones never ready to work under others end up being the boss of their own business.

These bosses in the modern term are known as entrepreneurs. But what determines an ideal entrepreneur? What are the characteristics of an entrepreneur? Who and why is called an entrepreneur?

Let’s know these distinguishable features of an entrepreneur through the story of Billal Ali who possesses unmatched skills and is multitasking in his portfolio. Ali who now ages to 31 belongs from UK . 6 years back he started his career with a product company -ACN.

Although there is no perfect entrepreneurial outlines yet there are many characteristics that show up repeatedly in successful business owners.

(1) Independence which is the most common denominator of all entrepreneurs. It’s true that no one has the control over future or time but atleast one can work in present according to the desirable future.

(2) Persistence and Determination which is immensely dominant in world of entrepreneurship is fraught with both success and failure. A significant quality of a flourishing entrepreneur is the unfluctuating desire to continue pursuing a goal despite certain reversals and obstacles they may encounter during their journey.

(3) Self-Confidence is what makes an entrepreneur sail through the adverse situations in his life. Entrepreneurship is synonym to risk. Unless one has full faith and confidence in one’s capabilities it becomes tough to stand firm in one’s own decisions.

(4) Creativity which is unfortunately the most underrated element in our society forms one of the pillars of entrepreneurship. In the business world, you can not afford to be contented and uncreative unless you wish the competition to drag you back to the starting point. .

Bilal is the cumulative of all these features and thus wishes to embed these features in others with an optimistic goal of ‘growth of one and growth of all.’

Categories
Entertainment

Introducing classic piano styles according to Mehrad Kohanbaba, a famous Iranian musician, and entrepreneur

Classic piano music varies in different genres. Even though most genres are considerably different, many people cannot identify them due to the lack of qualification.

 Piano Concerto:

Concerto is a performance that consists of an orchestra and a small group or soloist.

In a piano concerto, the piano is the solo instrument. During the performance, the contrast between the soloist and the group is sustained. Concerto, not merely, is constituted of three contradictory movements (fast and slow).

Yano Sonata:

The term “Sonat” has many concepts, however, the most common usage of this term implies a musical type from the classic era. Sonat usually consists of three to four movements in which the first move is in form of Sonata. Therefore, a piano Sonat is an independent performance for the solo piano that is performed in three to four movements.

Piano Trio:

A piano theater is one of the most regular types of contemporary music, including a piano and two other instruments.

The most common instruments are piano and violin. Prominent works such as Brahms.

Quintet piano:

The most common form of quintet piano is a piano with four other instruments, a piano with a quartet string.

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Business

The theory of Alireza Naghizadeh, a famous entrepreneur, on how to become a successful entrepreneur

Make sure you find the right business for you:

Being an entrepreneur can have a very broad meaning. You can also introduce yourself to others as an entrepreneur in any case and area. However, you must choose a field or field of work to start your business. So you have to go for a business that you can not only succeed in but also stay consistent with. Entrepreneurship is hard work, so you have to put all your focus and attention on it.

If you need education, be sure to follow it:

You certainly do not have to have a formal degree to be an entrepreneur, but that does not mean you should not forget your education. If you are planning to start a technology company, you must have a lot of information about it. For example, the ; You need to be familiar with computer programming and computer marketing which can help your business a lot. Also, some industries require a major in fields such as law or accounting to become an entrepreneur.

Plan your business:

Before you start your business, you must have a work plan. Your business plan should record your goals and strategies that are going to get you there. This planning will play a very important role in the success of your investment and your business. It can also measure your success rate.

Be sure to have an audience and target group:

Business programs are not for everyone. So you need to consider the age, gender, income, race and culture of the group to be your target audience to more easily identify your goals. It is also a good idea to have a dedicated business address. Look for a group of people who best meet your business needs and you can meet their needs.

Network :

Since networking is very important in all disciplines and fields, it is also necessary for entrepreneurship. Network means how to meet people who meet your need for the skills needed to run a business. These people can also improve your business model and find more customers for you

Market:

You just have to be more discriminating with the help you render toward other people. For example, the ; You may want to set up the best restaurant in a city. If someone does not know about your restaurant, they can definitely not enter. So marketing is one of the most important things you can do. Focus on your marketing efforts and get to know your target audience. You can also get help from city billboards or social networks

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Business

Key points for starting a successful business from Farhad Fakhraei, a famous Iranian entrepreneur and investor

It is true that starting a personal business always has its own challenges and difficulties, but with a little planning and perseverance, all of these challenges become sweet experiences. Give yourself and your business a better chance of success by reading this article and paying attention to these important points that are the result of the efforts of other successful and experienced entrepreneurs. 

Be interested in what you do

You do not have to love everything related to your business and you should not, but at least you should be interested in what you do. However, you want to spend a lot of time and energy to start your own business and eventually turn it into a successful investment, so it is very important that you deeply enjoy what you are doing. Make sure you are on the right track. Answer these questions to diagnose this issue:

Do you really want to start management without external dependence and be the one with whom all decisions are made and who bears all the responsibilities?

Do you want to work hard and make the necessary sacrifices for a small start-up?

Do you have the confidence and discipline to stay on track and grow your small business into a successful and profitable investment?

Start your own business but do not give up your current job

How long can most people live without money? Definitely not for long, and it may take a long time for your new business to become truly profitable. Having your current job when you are starting your new business allows you to have as much money as you need when you are facing difficulties and difficulties, especially starting your own business.

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Business

Some notes about becoming wealthy according to the famous Iranian entrepreneur, Ali Haji Mohammadi

Thinking about goals and plans

Ordinary people dream of winning a great prize; wealthy people think about their goals and plans, praying and being willing is not effective in the business world. Ordinary people think if they win a high-valued prize with a lot of money, that would fix everything, they seek a miracle while wealthy people set a goal and make effort to reach it, they know possessions are achieved in a long-term period, not in a single night. 

Waiting for the results

Wealthy people wait to see the results; ordinary people eventually give up; ordinary people give up at the last steps of achieving great results. They believe that the path through success is slow and constant with the linear trend while wealthy people know that success is an exploding incident right after tolerating harsh moments; they know patience and determination are required for being successful.

Knowledge and adventitious skills

Rich people believe in acquiring knowledge and learning special skills; ordinary people, confuse wealth with having a high-ranking position and degree. The common hierarchy that people follow to become wealthy is first to be educated, then finding an occupation, get a promotion in your job, and finally, the organization you work for will guarantee your living needs. But wealthy people believe that for being rich and successful you must individually and adventitiously learn the necessary skills for your favorite business and academic degrees wouldn’t help you to become rich, but they only show you some bases to struggle with your life and deal with it.

Responsible for the whole events and outcomes

Wealthy people see themselves as the only ones responsible for the whole events and results; ordinary people always blame outside factors, while rich people only blame themselves for the conditions they are struggling with, and when an awful incident occurs, they see it as their fault of being in wrong place and time. They believe that the future is in their hands, however, average people blame others. They don’t want to accept their responsibility and see every occurrence comes out of other factors.

Focusing on the future

Rich people focus on the future; ordinary people replaying past funny days in their heads, focusing on the past is a way to feel better in life. Terms like “when I was younger …” is usually called by ordinary people, they live in the past and how it was better than the present. On the other hand, mentally rich people are concentrated on the future and stuff they can improve, and how they can provide better circumstances or how to solve problems standing against a brighter future.

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Business

Remarks of Mr. Masoud Coverlet, a successful manager and top entrepreneur, about the techniques of a successful manager

If the manager is not self-motivated, he can not motivate others. Self-motivation, or in other words, the ability to motivate oneself and accept tasks, is one of the personal characteristics of a successful manager.

. Honesty

Employees trust a successful manager because they believe in his or her honesty. A successful manager defends the rights of his employees, does not disobey the rules, adheres to what he says, and honesty is his baggage.

. Reliability

A successful manager must be trustworthy and his bosses and subordinates can count on him.

You need to be able to make your own decisions with confidence and show others that you are capable of making the right decisions. Your self-confidence is in the interest of those around you and is passed on to them subconsciously.

. Peace

A successful manager does not give up in the face of adversity, and the ability to stay calm in critical situations and take action is a characteristic of such a person.

. flexibility

A certain amount of flexibility is required for a manager to adapt to different situations.

Self-confidence means accepting that one has power and can rely on it to solve problems for oneself and one’s organization. This is not a fearful decision;

Decision-making power and calculated determination at work. Determination means that when it becomes clear to the manager that doing something is in the best interest of the organization, he should not hesitate to do it;

The secret to success for successful managers: They plan!

One of the main characteristics of successful management is having a plan to achieve the goals. If you want to be successful in advancing your organizational goals and seize opportunities, have consistent planning.

Focus

Distractions are everywhere. Commitment to goals and tasks requires focus. A successful manager is well aware of this and works hard to strengthen and improve the focus of the group. They try to focus the group on the bigger picture so that they can devote their time to tasks and avoid unnecessary tasks.

Lifelong learning

Successful managers know that in order to be successful, they must constantly update their information and skills, so they make decisions with confidence.