Hi, we’re Ruiming and Wei Choon, the co-founders of The Woke Salaryman. We’re a web-comic with over 400k followers across our Instagram & Facebook platforms where we talk about personal finance, investments, career things and more. Follow us on Instagram (@thewokesalaryman) or check out our articles at www.thewokesalaryman.com
Should you start a business with a close friend?
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.
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 bus
14/11/2023 • 1 hour 1 minute 6 seconds
We talk to a professional cruise magician
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.
1:23 How he started magicking
7:19 Becoming a cruise ship magician
15:31 Adapting to COVID
22:17 Revealing magic tricks to the public
33:50 Crowd pleasers OR artistry
38:14 Jeremy does a magic trick
17/10/2023 • 1 hour 25 minutes 23 seconds
Our approach to sponsored content
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:
Our website: https://thewokesalaryman.com/
0:48 Is TWS sponsored nonsense?
4:38 When we reject clients
9:52 Do sponsors make content bad?
13:06 Fluffy centrist content VS taking a stand
15:18 Have we run out of topics?
18:14 Choosing tone, raw vs empathic
23:02 We make readers feel unambitious :(
24:17 Limitations of content formats
27:26 TWS is self-righteous
32:00 OP elaborated more
35:03 Bye bye :(
19/08/2023 • 38 minutes 31 seconds
Why this financial agent doesn't take commissions and why Asian fathers struggle to be vulnerable
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 Intro1:24 Convo starts12:06 Flashy agents and flashy wealth20:56 Chris' childhood25:39 Being caught in the wealth trap30:14 Working hard VS Time with family38:00 Asian parents and affection43:22 Fresh grads, do this now46:50 What are rich people like?50:27 Financial freedom as a MINDSET
Providend's Podcast: https://open.spotify.com/show/5Z3FcQx5rHHFx8Fd2gLhOl?si=98960dbb5db54a2c
27/07/2023 • 56 minutes 9 seconds
We interview our first hire
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.
17/06/2023 • 1 hour 39 seconds
AI IS COMING.
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.
10/06/2023 • 48 minutes 45 seconds
Are hawkers sustainable in Singapore?
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.
12/05/2023 • 1 hour 14 minutes 11 seconds
Singapore is the most expensive country to retire in
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.
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'.)
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
11/03/2023 • 45 minutes 15 seconds
Do we become more conservative with age?
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.)
02/03/2023 • 19 minutes 40 seconds
Almost half of Singaporeans don't have enough savings to last 6 months
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
24/02/2023 • 36 minutes 55 seconds
Are most bosses incompetent? The Peter Principle REACTION
(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'.
13/12/2022 • 22 minutes 14 seconds
Ep 10: Quiet quitting? Really?
Setting healthy boundaries with work, measuring productivity, attendance vs work done.
0:00 What is quiet quitting and our thoughts on this
3:45 Is quiet quitting just setting healthy boundaries and pushing back against hustle culture?
8:45 Make productivity part of the negotiation with your boss
9:00 How quiet quitting might be damaging for your career long term
11:42 How companies manage employees out in response to quiet quitting
13:54 Comparing this with hikikomori and the lie flat movement
15:54 What will we do if our employees are quiet quitting?
19:15 Our thoughts on companies managing people out
21:08 What will we do if we're thinking of quiet quitting
26:05 Understanding markers of productivity as a response to the quiet quitting culture
28:03 The top 1% of workforce talent and the benefits that come with it