Learn to Delegate

CEOs are often seen as major control freaks. About a decade ago, I would have agreed to this perception whole heartedly. That is because back then, I was a firm believer of the saying “If you want it done right, do it yourself” and boy, did I do a lot of things myself! I was doing the work of half a dozen people because I didn’t trust them enough to be able to do it right even if I screened, interviewed, and handed out their job offers myself.

This all changed when I missed the birth of my son. I can still remember that day very clearly. I was stuck in a meeting with an advertising agency I just hired to launch a campaign for my company. I had my advertising and marketing executive with me in the meeting but I just couldn’t bring myself to leave him alone with the team the agency assigned to handle our account. I was so engrossed in the meeting that I didn’t bother to pick up my phone when my mother-in-law called. Little did I know, she was calling to let me know that my wife had already gone into labor and my son was due to come out in the next couple of hours.

By the time I finally checked my phone, my little boy had already been born and I missed the whole thing. I was very upset and disappointed in myself that I cried and apologized to my wife profusely when I got to the hospital. From then on, I vowed to delegate tasks so I would never miss another important family event.


Learning to delegate was not easy for me. During the first few months, I worried incessantly about the tasks I assigned to my subordinates. But little by little, I realized that I had nothing to worry about because not only did they get the job done, the results were better than I expected. Over time, I learned to stop calling them every hour to get updates on their progress.

Aside from the extra time on my hands, there were other benefits to delegating tasks. First of all, I learned to trust my employees. I guess one of the main reasons why I refused to delegate was because I didn’t have enough confidence in my people. I just didn’t trust that they could get the job done much less do it better than me. I forgot that the reason why I hired them was because they were experts in their field.

Next, I was able to focus on other aspects of my business because I was able to see the bigger picture. I realized that because I was working on so many things at once, I was failing to see aspects that hindered the growth of my company. But because I delegated, I was able to focus on the growth of my company. Since then, my company has expanded to 50% more than when I started.

Lastly, I was able to earn the trust and respect of my employees. I saw that my people were happier because they were finally able to put their skills to use and experienced a growth in their careers. This is perhaps one of the biggest benefits of them all because everyone knows that one of the keys to a successful business is keeping employees happy.

Managing Your Kids

Despite my busy schedule, I make it a point to play an active role in my children’s lives. I’m not just talking about showing up at PTA meetings and piano recitals. While most parents with high-powered careers leave the job of raising the children to the one that’s left at home (usually the mom), my wife and I work together in making sure my kids grow up to be well-rounded individuals.

I have two daughters aged 15 and 13 respectively and a son who is 9 years old. Modesty aside, my kids are the best. They do not throw tantrums when they don’t get their way and they learned the value of hard work at a very young age. I will admit that I have somehow incorporated the way I handle my employees into my parenting style. However, seeing how effective it has been in instilling values and right conduct in my children, I am not sorry at all.


Here’s how I did it:

1. Setting Goals

Like with any other company CEO, I sit my employees down at the beginning of every quarter to discuss our goals for the next couple of months. I do the same with my kids. We sit together as a family and talk about what my wife and I would like to see them achieve for say, the first quarter of the year. After we’ve had our say, we give them the chance to “negotiate” our expectations until we come to a compromise. Of course, we also let them know that it is okay to tell us what kind of support they need to achieve those goals.

2. Reward System

I am very generous when it comes to rewarding my employees for a job well done. I use this same principle with my kids. I don’t always give them what they ask for if I don’t think they deserved it. This is how they learned to value the rewards of working hard. Let me give you an example.

A couple of months ago, my eldest daughter asked me for an Iphone 6. There wasn’t anything wrong with the phone she had at the time but it was an Iphone 4 and you know how it is with teenagers these days. They just have to have the latest gadget. I told her that if she got straight A’s for the first quarter of the school year, I would get her a new phone. Of course, she worked very, very hard over the next months and even exceeded my expectations. I was more than happy to reward all her hard work with a brand new Iphone 6 as soon as I got her report card.

3. The Demerit System

You know how you get three strikes at work before you get laid off? I do the same with my kids when they misbehave. Except of course, I don’t lay them off. Rather, we set a demerit system for misdemeanors.

When they ask us for something big like a really expensive toy, gadget, or a trip abroad, they need to really behave over the next few months. Minor misdemeanors will cause one demerit and if they reach three strikes, the deal’s off. If they really misbehave, we don’t wait for three strikes. Of course, we also sit each child privately to calmly explain why such behavior is unacceptable so they know to not act that way again in the future.

The demerit system has helped my wife and I discipline our children in such a way that they understand why they are being punished. As a result, they have become very mindful of their actions and make it a point to observe proper behavior whether they are at home or otherwise.

My Top 3 Travels in 2014

2014 has been an exciting year for me. For the first time in a long while, I got the chance to take some time off from work and spent it traveling with my family. I know that’s sounds a little bit ironic considering I am the CEO of an airline company. Yes, getting somewhere, practically anywhere in the world, isn’t the problem. It’s getting enough time off to enjoy a trip.

You see, being a company’s CEO is not all it’s cracked up to be. Most people think CEOs can take off any time they want because they have people to take care of everything. What they don’t understand is how important it is for us CEOs to be on top of everyone else in the company. Simply put, things could easily crumble if we don’t pay close attention to the operations of our business.

But enough about that. Today I would like to tell you about my experience while traveling with my family. I let my kids pick the destinations for our trip because I wanted to make sure that they would have the time of their lives. Let me tell you now, it was a trip we won’t forget anytime soon.

Without further adieu, here are my top 3 travels in 2014:

1. Fiji

Our first stop was Fiji, a Melanesian country comprised of 300 plus islands located in the South Pacific Ocean. We stayed in Viti Levu, the largest and most populated island of them all. It was absolutely breathtaking. The waters were clear sparkling turquoise and sand on the beach was powdery white. During our 2-week stay, we island hopped, surfed, sunbathed, swam, and enjoyed the top notch hospitality and food that Fiji had to offer.


I definitely recommend the Fiji Islands to families and couples who want to get away from their busy lives and enjoy some peace and quiet under the sun.

2. Norway

After enjoying the tropical climes, we made our way to the Svalbard Islands in Norway. My son has an affinity for astronomy and fought tooth and nail with his sister for this destination because he wanted to see the Northern Lights or the Aurora Borealis. The Northern Lights can actually be seen all over Norway but I decided it was best to head North so we could get a better view.

Our trip to Norway is not something I will ever forget in my lifetime. Seeing the Northern Lights up close was a jaw-dropping experience. My wife had tears in her eyes as she told me that it was better than any fireworks show she has ever seen. My kids, especially my son, were speechless. I, on the other hand, was overwhelmed by the emotions coming off from my family and the mystical beauty of what I was seeing.

3. Andalusia, Spain

Our last stop was Andalusia, Spain. My wife picked this destination because she wanted to tour the castles and mansions in Alhambra. It was a very culturally enriching experience because we got the opportunity to see the dwelling place of kings and queens of the 14th century.

The tour we booked included lunch served in one of the gardens in the palace built in the 11th century. We were catered to by waiters dressed in replicas of the clothing worn by servants in the past. During lunch, our tour guide talked a little more about the history of the palaces in Alhambra and the steps taken to preserve the monuments.

Tricks to Efficient Cashflow Management for Startups

One of the biggest challenges every business would face would be cashflow management. Marketing your products or services can already be daunting. But no matter how well your products or services sell, you will not be able to go far with your business if you are not able to get a good cashflow system running. Especially essential for startups, cashflow management is very important as this is will determine the longevity of the company. But with these tips, managing your cashflow will become more effective so you can run a smoother business operation:

Operate lean

This is the best practice all businesses should adhere to, whether they are starting up or part of a public listed company. There is no need to hire as many people as the number of employees does not necessarily equate to higher sales, especially if your business is not yet in full swing. Make sure to get employees who can multi-task. Should you need to employ staff, it would be best to get part-time workers or sub-contractors, depending on your needs. That way you will only need to pay a minimal fee. If you can work from home, it would even be better. Hold your meetings at coffee shops or co-working spaces.

Trim down on marketing expenses

One of the common mistakes of most startups is to spend so much on marketing and branding expenses. A lot of startups would invest a lot in consulting firms in hopes to get their brand in the market. Although consulting firms are indeed able to help market products and services effectively, it would be better for your cashflow if you veer away from this for the meantime. Being a startup company, you would not have enough cash to go around freely. So try marketing your products or services with the least cost possible.

A lot of social media platforms such as Facebook, Twitter and even Instagram are the best ways to go about with marketing. Not only would you be able to engage with your customers, but these social media platforms cost nothing. Should you be adept at writing, you can even try using writing blogs or web content for search engine optimization purposes. Do your own research and create your own marketing material by yourself.

Should you be selling water ionizers, the water ionizers reviews site has some very interesting alkaline water machine reviews, which can be found here. Invest in books that will help you learn more about marketing your products and services online. Make sure to purchase reading materials on similar products or services. Say, you want to open up a dating service. Make sure to buy a 1000 questions for couples book, that can only be purchased online. Check it out here. This will help you in positioning your product in the market. All these tips might be a bit more time consuming. However this is definitely something that can keep expenses down. After all, you still need to test the market. So your business direction can still deviate and change path. It would be best to invest a lot in marketing and branding once you are sure with your target segment.

Starting up is indeed difficult. There are so many things that you would need to work on to even start off. However the most important thing is that you need good management of your cashflow. By practicing frugality, your business will definitely be able to pick up well.