Episodi
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We've been away for a while travelling Southeast Asia promoting our books.0:00 Intro3:36 Traffic in Jakarta, KL VS Singapore8:45 City planning is tough15:13 Vietnam's growth since the 80s17:43 Would we migrate somewhere else in SEA?20:14 Retirement village business overseas?26:05 Book recommendation: Public subsidy, private accumulation29:33 Book recommendation: Blue Period31:55 OUR BOOKMore on our book and where to get it: https://readtws.com/book
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We talk about the trade-offs for the creative soul who wants to run a creative business.
0:00 Intro0:50 More about our business and me1:36 Creative VS Business owner4:15 Delegate to people who like it more, or are better than you6:42 Consider input, not just output10:10 Being creative is good for business11:36 Take creative risks as a part of business13:21 Unproductivity is part of productivity16:25 Mistakes are part of the plan17:47 Give yourself due credit
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Episodi mancanti?
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Juliana Chan is a scientist and scholar turned business owner. Today, she runs Wildtype Media Group, managing a 20-member team — based in Singapore, Malaysia, the Philippines and India — with 30 to 40 regular freelancers around the world.In this episode, we talk to her about how she took her company remote, and the impact it has had on morale and productivity.0:00 Intro: The road to 100% remote5:00 Productivity will suffer14:14 The types of employees that are suitable for remote work18:58 How do you know everyone is working?27:26 What about hiring locals and protecting local jobs?31:36 Where in the world are her colleagues working from?35:55 What's the competitive advantage of someone from Singapore?41:37 Singapore's a great place to start a business46:00 How you can keep Gen Zs51:14 Concluding plugs
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Is overtime ever justified? Why do good employees leave? Do you have to worry about your own job being irrelevant?
This episode, we get the whole TWS team to have an open conversation on these hard topics. We hope you enjoy it.
Also, this is our first sponsored podcast - a shoutout to Workforce Singapore for sponsoring this conversation. To find out more about what grants and tools are available to kickstart your company’s job redesign initiatives, visit https://go.gov.sg/tws-jobredesign
Featuring (from left to right):
Wei Choon (Co-founder)
Ruiming (Co-founder)
Vivienne (Account Manager)
Wen Xin (Artist)
0:00 Intro2:08 Why do good employees leave?3:51 What is a good employee?7:45 What is job redesign?14:18 Have you had a job redesign?20:58 Do all jobs need to be redesigned for relevance?29:35 Should all employers job redesign?38:15 Approaching job redesign with limited resources?47:41 Who should initiate job redesign?52:27 Is it fair to have employees OT for job redesign?59:10 Job redesign VS find new job
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This episode, we talk to the founders of The Black Hole Group; a collective of lifestyle and F&B concepts.They started out in 2012 with a backpacker's hostel, and now they own about 13 F&B and lifestyle concepts and are still going strong.More importantly, they are friends who started a business together, and we are super excited to talk to them because The Woke Salaryman was also started by two friends who met in school. They met in JC; while we met in Poly, so we have so many things to ask.We will ask them about what it's like starting a business with a close friend, how to maintain or balance being friends and business partners, and their journey from plucky 26-year-olds running around putting our fires in a backpackers hostel to essentially, F & B moguls.
0:00 Intro
1:16 Why are they called The Black Hole Group
10:05 Starting a hostel in their 20s
15:17 The margins of running a hostel
21:08 Scaling the business
24:02 Do you hang out as friends now?
28:58 Working together as friends/cofounders
37:15 Growing a business = compounding learning
41:00 COVID as a wake-up call
48:20 Co-founders with different lifestyles
54:21 Would you recommend starting a business with a close friend
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Jeremy Tan is a professional magician who does a lot of work on cruise ships!
We talk to him about the pros and cons of working in such a unique job, what it takes to succeed as a magician, balancing artistry and corporate crowd pleaser, adapting to COVID, and more.
0:00 Intro1:23 How he started magicking7:19 Becoming a cruise ship magician15:31 Adapting to COVID22:17 Revealing magic tricks to the public33:50 Crowd pleasers OR artistry
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We respond to some spicy comments on Reddit about the fact that we have sponsors, and talk about how we approach sponsored content, what we say no to, and whether we think we've sold out, and whether we can sleep at night.The Reddit thread: https://www.reddit.com/r/askSingapore/comments/15c2suy/is_the_wokesalaryman_just_sponsored_nonsense/READ OUR COMICS:Instagram: https://www.instagram.com/thewokesalaryman/Facebook: https://www.facebook.com/thewokesalarymanLinkedIn: https://www.linkedin.com/company/thewokesalaryman/posts/Our website: https://thewokesalaryman.com/Timestamps:0:48 Is TWS sponsored nonsense?4:38 When we reject clients9:52 Do sponsors make content bad?13:06 Fluffy centrist content VS taking a stand15:18 Have we run out of topics?18:14 Choosing tone, raw vs empathic23:02 We make readers feel unambitious :(24:17 Limitations of content formats27:26 TWS is self-righteous32:00 OP elaborated more35:03 Bye bye :(
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Watch this to understand how your financial agent is actually being paid, and what your options are.
We also talk about parenthood and why Asian parents find it so hard to be emotionally vulnerable with their kids.
0:00 Intro
1:24 Convo starts
12:06 Flashy agents and flashy wealth
20:56 Chris' childhood
25:39 Being caught in the wealth trap
30:14 Working hard VS Time with family
38:00 Asian parents and affection
43:22 Fresh grads, do this now
46:50 What are rich people like?
50:27 Financial freedom as a MINDSETProvidend's Podcast: https://open.spotify.com/show/5Z3FcQx5rHHFx8Fd2gLhOl?si=98960dbb5db54a2c
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Meet Vivienne, she's the first person we hired since we went full-time with The Woke Salaryman.
2.5 years ago, Viv left an amazing job at a very esteemed bank to join our humble little rickety company.
2.5 years on, our company is still rickety; but she has become indispensable.
We interview Viv in this podcast about what it's like to go from a huge, highly regarded MNC to a tiny SME, whether she has any regrets, and what we do well and not so well.
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At The Woke Salaryman, we create content by writing and drawing. A.I. solutions for these 2 functions are getting really really good.
Are we at risk?
In this podcast, we discuss specific short and long-term worries we have about A.I.
We also talk about what we'll do if we are fresh grads entering the market now.
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Hawker culture is very important to Singapore culture.
Central to the definition of HAWKER is the idea that hawker food should be CHEAP and GOOD; but are hawkers still financially sustainable in a world with aggressive inflation? Can hawker prices keep up with inflation and still satisfy customer expectations of low prices?
We talk about this and more with Faye Sai, one of the three siblings that run Coffee Break: a third-generation hawker store at Amoy Street Food Center.
They took over the stall from their father, and they serve traditional-style coffee in a hawker setting.
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We talk about this infographic that compares the cost of retiring around the world.
Singapore is the most expensive country apparently. We discuss why this is so and what Singaporeans can do.Source: https://theindependent.sg/singapore-allegedly-the-most-expensive-country-for-americans-to-comfortably-retire-in/
Original source: https://www.netcredit.com/blog/cost-of-retirement/
(The link to the original source article doesn't seem to be working anymore but you can still find the infographic if you google 'Netcredit cost of retiring around the world'.)Timestamps:
0:00 Intro
2:18 Reasons why Singapore is the most expensive country to retire in
2:24 Singapore's unique position as a city-state
3:22 Retiring in Malaysia?
6:16 Retiring in Australia?
9:09 Retiring in Japan?
11:14 Prices of retiring at different countries
11:49 Pros and cons of retiring overseas
11:56 The value of the Singapore dollar
13:24 Size of the country where you retire
14:36 Pace of life
17:10 Leaving your relationships
18:42 Giving up local identity
20:01 Learning new language nd culture
20:43 Raising kids
24:14 Giving up safety
24:50 Economic mobility
28:00 is it wrong to leave your country of birth to retire?
32:00 Looking at Southeast Asia as a whole
34:34 Does the productivity of residents matter to governments?
36:52 Attestupa
39:17 Elderly people retiring
42:13 Should Singaporeans consider retiring overseas? -
It may be hard to believe but we used to be very left-leaning when we were younger.
This is us reacting to a short clip of an older fellow with a nice voice talking about how his political leanings shifted as he grew older.
Original video: https://www.youtube.com/watch?v=NS4UT_t73b0
(This is purely anecdotal and qualitative of course, we know plenty of people who stayed left, or became MORE left with age.) -
We react to a report summarizing how Singaporeans are doing when it comes to financial wellness in the past year.
Read the report here: https://www.straitstimes.com/singapore/close-to-half-of-singaporeans-dont-have-enough-savings-to-tide-through-an-emergency-survey
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(Sry there was an issue with the export so some parts were muted. We've fixed it) This is a bit late but we intended not to publish this for audio initially. But I think we will just drop it anyway because it's quite a good discussion.
Hope y'all enjoy!
The original clip can be found on YouTube if you just search for 'The Peter Principle'.
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Yip Pin Xiu is a professional swimmer who has won gold at the Paralympics 5 times. She is Singapore's most decorated Paralympian. This podcast was very informal because despite her achievements, Pin Xiu is very down-to-earth and quite goofy and fun to be with. We had a blast and hope you enjoy this podcast as well.
Sorry, we started eating halfway through the podcast because Pin Xiu had to go after the recording and she didn't have time to eat. We apologize if the occasional eating sound is disturbing and do not blame anyone if they stop listening as a result <3
But anyway even though this episode is very chaotic it's one of our favorite ones we've done yet because Pin Xiu is hilarious. -
A simple, yet though-provoking parable we found.
How do we take care of the poor? Does progressive tax work? What are the trade-offs when you tax the rich too much? Do we even need rich people for a city to prosper?
Read the parable here: https://www.irishexaminer.com/opinion/columnists/arid-20108946.html
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Our guest Wey Fook is the Chief Investment Officer at DBS Bank.
btw THIS VIDEO IS NOT SPONSORED BY DBS. WE HAVE DONE SPONSORED WORK WITH THEM ON OUR WEBSITE BUT THIS VIDEO IS NOT. WE JUST ASKED IF WE COULD INTERVIEW WEY FOOK AND THEY SAID OKAY. IF OUR VIDEO IS EVER SPONSORED WE WILL TELL Y'ALL.Timestamps:
00:00 - 00:53 Intro00:54: Wey Fook's journey from engineer to CIO
5:20 How Singapore has moved up the value chain
7:32 What exactly does a Chief Investment Officer do?
10:00 Wey Fook's career before being a CIO
10:30 what separates a CIO from a middle-management portfolio manager?
11:50 The importance of a bottom-up view of the market
12:50 Don't write off a whole investment class forever
14:37 Understanding the Margin of safety in investments
15:11 The democratisation of investment insights
16:23 Be disciplined, and make money slowly
17:10 Have a long-term view of your investments
18:27 Wealth is like a bar of soap - the more you touch it, the less it becomes
19:06 Views on the US stock market
21:05 What would happen if the S&P 500 falls to zero?
22:05 Crashes are driven by greed and fear
23:10 Are there any signs of a bubble that people can spot?
26:10 Thoughts on buying the S&P 500
27:56 Thoughts on the STI-ETF, Russell 1000
32:10 Indexes that haven't outperformed the bond market?
33:14 Do my investments contribute to society?
37:24 Understanding a stock's price discovery
38:28 Tying a company's share price to CEO performance
39:11 Shareholder vs stakeholder capitalism
43:23 ESG investing
45:14 Singapore Real Estate
47:33 What if you just don't invest?
49:18 What if you can't handle volatility
50:11 What are the options if you can't take any market volatility
52:05 Understanding portfolio construction
53:03 Don't buy individual stocks or bonds. Buy funds.
57:02 Importance of staying in the game to ride through volatility
58:04 There will always be bubbles
1:01:17 What if my projected return on investments do not beat inflation?
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