Tweet

Max Koh

20 Nov, 11 tweets, 2 min read

1/ Thread: Leadership is a personal growth engine in disguise.

Want to know where your biggest character flaws are?

Get into leadership or management.

Here's why:

2/ I’ve never built a business from the ground up.

But have had the good fortune of helping to run and manage one.

It helped me discover where I suck.

3/ No, I’m not talking about the areas where you lack skills or competency.

Those are easy ones to overcome:

stuff like being weak at numbers, poor in planning, inability to look at the big picture, speaking to clients.

Those gaps can be filled over time, for the most part.

4/ I’m instead talking about the soft, mushy things.

Stuff like who you are as a person.

Whatever character flaws you have (and try so hard to hide), it will be exposed in full naked glory for everyone on your team to see.

5/ If you having problems being on time (which is one of mine, among countless others), it lowers the trust your team has in you.

If you get flustered or stressed easily, those emotions will rub off on your team and reflect in the quality of their work.

6/ If you are overly critical and judgmental, it will show up in the lack of confidence your team members have of themselves.

No matter how hard you try to hide your flaws with a beautiful mask, it will eventually creep up behind you, and expose who you truly are as a person.

7/ There’s nowhere to hide these flaws.

Because they influence the business in every way.

When that happens, as a leader/ manager/ entrepreneur, you’re being forced to confront it head first, and have painful conversations with yourself or your team.

8/ But that doesn’t always happen.

Often, we are unaware of our own blindspots. Or it takes time for us to spot them.

And that’s when life starts to get fun.

9/ It gently nudges you at first with a pebble.

And if you fail to learn the lesson, it throws you a rock.

And if you still miss the hint, eventually it swings a 100 pound sledgehammer in your face at full speed.

It sends you signal after signal, until you get it.

END/ And only after you learn it, then you graduate and move on to the next lesson.

But school never ends.

Running or managing a business is a personal growth engine in disguise.

It’s like staring into a well polished mirror, naked.

@heymaxkoh

If you like this, follow me here at @heymaxkoh

I share my personal journey on:

- How I attained financial freedom before 30

- Public speaking tips after training over 10,000 participants

- My strategies on investing, money, and building high income skills

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More from @heymaxkoh

Max Koh

@heymaxkoh

21 Nov

3 quick tips to help you conduct amazing Zoom presentations:

In my 9-5 job, I speak for a living.

Before COVID, I used to do live seminars for 100s of people each week.

Been doing so for the last 9 years.

Today, it's all on Zoom.

Here's how to engage your audience virtually:

1. Make them turn on cameras

I give the audience an incentive to turn on their cameras.

(i.e. a prize or digital product).

It makes them know you can see them.

And you can call them out and have a conversation in the class.

They feel more connected.

So do you.

2. Stop the screen share

When you're teaching content, the slides are important.

But when you're telling stories or doing activities, stop the screen share.

It makes your face bigger (spotlight yourself).

They can also see the other people in class.

They feel more engaged.

Read 6 tweets

Max Koh

@heymaxkoh

17 Nov

My thoughts on Sea Limited's $SE Q3 earnings.

Took some time to digest the financials and the earnings call.

Here's the breakdown and my take:

1. Garena

Bookings last 5 quarters:

0.94b, 1b, 1.1b, 1.2b, 1.2b

(increase of 55m, 100, 100, flat)

YoY growth: 108%, 115, 68, 27

QoQ growth: 6%, 10, 9, 0

* Bookings growth is stagnant

2. Garena Quarterly active users:

572m, 611m, 648, 725, 729

(increase 38, 38, 76, 4)

YoY increase: 72%, 61, 45, 27

QoQ: 7%, 6, 12, 1

* User growth also stagnant

Read 16 tweets

Max Koh

@heymaxkoh

15 Nov

Before going into $SE Q3 earnings...

Here's a review of last quarter's transcript (Q2 2021)

I hope this helps refresh your memory.

Here's 5 things that stood out that's good to keep in mind:

1. Free fire is not affected by competing battle royale mobile games

FF has competitors since some time back.

But they don't see any effect because people don't treat FF just like a shooter game.

It's a place where they go to hangout and socialize, enjoy new content.

2. Much more room for monetization

Shopee still has lots of ad inventory.

Many of their sellers are not educated about ads and promotions.

So penetration is still low, and there's a long runway ahead to monetize.

They don't have to raise commissions and taxes just to make $$.

Read 9 tweets

Max Koh

@heymaxkoh

10 Nov

1/15 Thread:

1 simple sentence every investor must understand to do well:

2/ "The intrinsic value of a business is determined by the sum of all its future cash flows the business can generate, from now till kingdom come...

Discounted back to the present".

Warren Buffett

3/ Even if you have no intention to calculate the specific intrinsic value of your business...

Or you are unable to do so because the business is in hypergrowth and loss making...

You still MUST internalize this one sentence.

Here's why:

Read 17 tweets

Max Koh

@heymaxkoh

9 Nov

@Gautam__Baid

15 lessons from Joys of Compounding by @Gautam__Baid

This was my favourite investing book of 2020.

I've read it twice.

And plan to re-read it again.

Many lessons on life, investing, and becoming a better human being.

1. Importance of revenue growth

"Long-term revenue growth—particularly organic revenue growth—is the most important driver of shareholder returns for companies with high returns on capital"

2. Zoom out

"The very fact that most of the talent and resources on Wall Street are focused on competing in the short-term arena of the next few quarters is what leads to a big opportunity for those who can look 3-5 years out and quietly consider the bigger picture."

Read 17 tweets

Max Koh

@heymaxkoh

8 Nov

@heydave7

Bryan Werlemann owns over 45,000 $TSLA shares he bought over the years.

They're currently worth over...

$45 Million!

I just listened to this 1 hour interview of @heydave7 with @womperoom

There are many unconventional investing lessons here.

Here's 10 of my big takeaways:

1. Average up. Don't anchor to past price

Bryan didn't anchor to his original cost.

He kept adding to TSLA, even up till now.

It shows that the old adage of "buy low sell high" is inaccurate.

The better way would be to buy high, and keep averaging up as the business executes.

2. Know the management

By chance, Bryan got to spend personal time with Elon and ask him questions.

That helped deepen his conviction in $TSLA.

It helped him to hold through drawdowns.

Even add more.

But what if you can't meet management 1-1 like Bryan did?

(continued)...

Read 18 tweets

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