Business Intern
Singapore, Singapore (Remote possible)
Finance
Internship
Posted 9 months agoUpdated 8 months ago
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Job description
It is almost everyone’s dream to run their own business one day but many understood the fact that at the end of the day, only a small percentage of businesses survive through the test of time.
As a result, many held back the idea of running business… Some of them continue to work on their dreams to develop the best product/food/services thinking that by doing so, they can become the small percentage of businesses that survive. However, that’s a fallacy about business… if you think about it, many restaurants out there serve better burgers than Mc Donalds and Burger King. The question is are they doing better than these fast food restaurant in terms of revenue?
If you were to study the journey of successful business owners, you will realize they are successful because every decision they made for the company is the right one. However, if you think deeply, is it really possible to be so lucky?
The truth is neither they are lucky nor a sane to predict their decisions are the right ones. In fact, they possess a skill to control the outcome of people and environment behavior. Meaning to say, they do not hope for miracle to happen because when one hopes, he loses control of the situation.
Some of the famous examples would be Jack Ma purchasing all the items listed in his site during the initial phase of his start up to gain traction of buying and selling users. Grab paid taxi drivers (via credit) to use their app in order to have a pool of drivers available to pick up hailing request within minutes. The moral of the story is that they created demand for their services instead of waiting for demand to grow.
Think about it, instead of allowing consumers to control how the companies should function, the companies took action to control how the consumers function instead.
Second point to be told is that you do not gain real business skill in school or by setting up a business with ideas you are familiar with. You only gain the true skill when you are in the business of selling a product/service you are not familiar with.
Because one tends to focus too much on their product/service if they are familiar with it and missing out other aspects of business such as consumer’s behavior, marketing, collaboration, problem solving etc
For example, the founder of NinjaVan ventured into logistic business without a bit of experience or knowledge about it. This led to an evolution of how the logistic industry functions when they introduced technology to assist them with mapping of route to ensure greater efficiency in their delivery. In the past, players in the logistic field would just increase the number of manpower to enhance efficiency because they focused too much on what they know instead of thinking out of the box.
As such, the financial industry is a very conducive environment to learn about business skill.
We will show you how financial services should be run like a business ensure business growth and continuity.
Things you will learn (Business aspect):
1) How to make use of your current resources to start up your business (Human capitalization).
2) How to gather and form your own team to work for you (Lead generation).
3) How you control circumstances instead of the other way round (Situation analysis).
4) The soft skill required to connect with people (Human relationship)
Things you will learn (Financial aspect):
1) Real Estate
- Why your first property must be sold?
- Why property or big purchase shouldn’t be fully paid?
2) Estate Planning
- Why you cannot pass your property/business down to more than 1 person?
- How your legacy can disappear in less than a year if not planned properly
3) Personal Finance
- How to free up cashflow and unlock dead asset.
- Why credit can be a good thing.
4) Future Financial Issues
- Retirement
- Shield
The list of learning points is non-exhaustive and some examples would be elaborated during the interview.
Candidates who are interested, please kindly send in your CV to be shortlisted for interview!
Basic Requirement:
- Local diploma, A Lvls or private degree.
- Seeking for self-development and growth in their lives.
Note:
- Commission Based + Basic Financing
Must have skills
About the company
In OvalPromise, we understand the public's view towards the insurance industry. More often than usual, when financial planning is mentioned, insurance and buying of policy comes to mind. As such, financial advisors have a very low credibility because of such associative memories from the public.
However, financial planning not only comprises of just insurance which falls under the area of wealth protection, it also encompasses wealth accumulation, maintenance, preservation and distribution. As such, a financial blueprint is required to plan out your future towards the goals one wishes to achieve! It's never about buying more products but making better life decisions!
Moreover, it's a common sight to see financial advisors chasing after people on the street or receiving irritating calls for a particular products. Although they are just doing their job, but it gives an impression of product pushing straight into people's faces.
All these adds up to form a negative availability bias towards our industry despite there are many professional and genuine financial advisors out there.
As such, we are committed to change the public's perception towards us from a sales person to a financial doctor by our sincere actions!
We are looking for young and driven responsible adults who want to help people to experience the rightful approach towards financial planning! Our approach to educating clients has proven effective by the consistently large amount of referrals given by our satisfied clients. If you are up to make insurance industry a better working environment, hit us up for interview to determine if you are the one we are looking for.
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