The experience with LoyalPlus set a negative, destructive tone on the rest of my journey.
When we arrived in Hong Kong, I tried to secure my payment from LoyalPlus, which was one of the problems I’d encountered: LoyalPlus had not wanted to pay me for the last portion of the completed product and I think they didn’t quite see it as complete. I would end up helping them for the entire four months of my trip to secure the last little bit of money.
To add insult to injury, they decided to only proceed with one of the two projects on which I had worked. The project they decided to cancel was a “Pinterest” clone; they decided to cut the project after I already had paid the subcontractor the first payment.
Because the Pinterest clone was cancelled, all my efforts designing and managing the project were wasted. I was not pleased with this turn of events, but I was willing to do it just to finish and get what I could from them and never work with them again. That was a very clear decision. Later, when they asked me to start a new project with them, I declined. It was just as simple as that: fool me once shame on you, fool me twice, shame on me.
I ended up spending the first month ironing out and trying to get the final payment for LoyalPlus. I spent a lot of energy and time doing this contract. This brought me to my second decision: I will not work with multiple projects or on someone else’s project while my project suffers.
My mental energy was wasted on trying to find sources of quick cash, to recover the amount I lost from the terminated contract. This caused me to lose focus on what was important. Making a company that could make money in the long run.
YOU ARE READING
Swimming with Asian Sharks - Business Secrets from the Pacific Rim
Non-FictionEver wonder what it takes to do business in Asia? How do Asian business executives behave and think? Do you want to create a business from scratch in under 24 hours? If so, this is your guide. This book is a compilation of over one hundred business...
