The Only Thing That’s Consistent Is Inconsistency
Photo Credit: Jean-François Chénier
Regular HTNet visitors will know that I’ve left my comfortable job as an Analyst Programmer to venture into the world of entrepreneurship. I’ve taken the first steps to set up a private limited company and the process will take around ten days.
Under Malaysian law, a private limited company must have at least two directors. I’ve approached a close friend to join me in setting up the company one and a half months ago. This friend of mine knows next to nothing about IT. However, he has wide experience in marketing from credit cards to cars and property among other things.
He wants a 50% stake in the venture and I have no problems with that. All I wanted in return was for him to cough up 50% of the starting capital, which he agrees is a fair deal. Nevertheless, as lunch break of my last day at work comes, I have nothing concrete from him at all.
I sent him an SMS asking if he’s still committed to the plan, and informing him that I’ll be meeting my tax/account advisor the next morning to iron out the details of registering the company. I got no response from him until 8:18pm, a good eight hours and eight minutes from when I sent my inquiry.
Read the rest of The Only Thing That’s Consistent Is Inconsistency »









