What I Would Tell My Younger Self About Building Anything Worth Keeping

Take your time.

Learn the terrain before trying to conquer it.
Respect people more than speed.
Accept uncertainty earlier.

And understand this.

The work that lasts often feels slow while you are inside it.

If it feels quiet, steady, and demanding, you are probably building something real.

And that is enough.

When Writing Free eBooks Still Feels Like Shouting Into the Void

I did not expect this feeling to arrive so quietly.

No dramatic moment.
No emotional breakdown.
Just a soft question that kept returning while I stared at my screen.

Should I stop writing eBooks about IoT, startups, and entrepreneurship?

I have written several eBooks over the years. Some came from years of experience building platforms. Some from scars earned while running a startup. Some from observing founders struggle with the same blind spots again and again.

I made them free.
No paywall.
No upsell tricks.
Just knowledge, stories, and lessons shared openly.

Yet after my last three books (Hello IoT, The Favoriot Way: A Life Built on Curiosity and Courage, Favoriot : The Journey of an IoT Startup), something felt off.

Downloads slowed.
Shares dropped.
The quiet became louder.

At first, I blamed myself.

Maybe the topics are stale.
Maybe I am repeating myself.
Maybe people are tired of hearing from me.

Then another thought crept in.

Or maybe the world has changed.

The Moment I Could No Longer Ignore

I noticed something about my own habits before blaming anyone else.

I no longer Google as much.
I open ChatGPT.
I type a question.
I get an answer.

Direct.
Fast.
Clean.

And here is the uncomfortable truth.

I am guilty too.

I ask AI to summarise books.
I ask for key takeaways.
I skim instead of sitting with pages.

Who am I to complain when I do the same thing?

That realisation stung.

Because I used to love reading slowly. Highlighting sentences. Rereading paragraphs. Letting ideas sit for days.

Now, time feels compressed. Attention feels borrowed. Everything competes for mental space.

The Silent Shift No One Talks About

This is not about AI replacing writers.

It is about AI changing readers.

People no longer want to search.
They want answers.

They no longer want ten blog posts.
They want one response.

They no longer want to explore.
They want to arrive.

Why buy a book when a prompt gives you a clean summary?

Why spend hours reading when minutes feel enough?

That question hurts writers, but it is not wrong.

Books were once a journey.
Now they are treated like databases.

Tell me what matters. Skip the rest.

Short Attention Is Not a Moral Failure

I hear people complain about attention spans all the time.

But I do not think it is laziness.
I think it is survival.

We are flooded with inputs. Messages. Alerts. Updates. Noise.

Reading a 150-page eBook feels heavy when your mind is already full.

The new generation did not lose patience.
They adapted to overload.

They want clarity, not volume.
Direction, not depth.

At least not by default.

When Free Still Feels Expensive

Making my eBooks free was supposed to remove friction.

Yet free does not mean easy.

Reading still costs time.
Thinking still costs energy.

AI removed that cost.

One prompt feels cheaper than one chapter.

So why am I surprised?

The Hard Question I Keep Avoiding

I keep asking myself something uncomfortable.

Am I writing for impact, or am I writing out of habit?

In the past, writing eBooks felt like leaving a trail behind. Something lasting. Something searchable. Something meaningful.

Now it feels like throwing paper planes into a sky full of drones.

They fly faster.
They reach further.
They respond instantly.

Paper planes still matter.
But fewer people look up.

Books Versus Conversations

AI feels like a conversation.

Books feel like a lecture.

That difference matters.

People want interaction. They want follow-up questions. They want context tailored to their situation.

A book cannot ask back.

AI can.

And that changes expectations.

What Writing Used to Give Me

I did not write eBooks just for readers.

I wrote to think.

Writing forced clarity.
It slowed my thoughts.
It made experiences visible.

If I stop writing books, what replaces that?

Blogs?
Short posts?
Conversations?
Voice notes?

I do not know yet.

That uncertainty is unsettling.

Maybe Books Are No Longer the First Door

Here is a thought I am still wrestling with.

Books may no longer be entry points.
They may become reference points.

Not where people start, but where they return when they want depth.

AI gives direction.
Books give texture.

AI answers questions.
Books explain why the questions matter.

But fewer people reach that stage.

The Ego Check I Needed

Another truth I had to face.

I assumed free meant valuable.
I assumed experience meant relevance.

Neither guarantees attention.

The world does not owe writers readers.

Attention is earned every day.

Even by those who have written before.

Am I Really Stopping?

When I say I feel like stopping, I am not quitting writing.

I am questioning the format.

Maybe eBooks are not where my thoughts want to live anymore.

Maybe ideas want to breathe in smaller spaces.
Or in stories.
Or in conversations.

Or maybe fewer books, written slower, with deeper intent.

I am not sure yet.

What I Do Know

AI has changed how we read.
AI has changed why we read.
AI has changed when we read.

That shift is real. It is not a phase.

Fighting it feels pointless.

Understanding it feels necessary.

The Choice In Front of Me

I can keep writing eBooks and accept fewer readers.

I can stop writing books and find new ways to share ideas.

Or I can redefine what a book means in a world that no longer reads the same way.

Right now, I am sitting with the discomfort.

No dramatic announcement.
No final decision.

Just honesty.

A Quiet Ending With an Open Question

I still believe ideas matter.
I still believe stories shape thinking.
I still believe writing is worth doing.

But I no longer believe format guarantees relevance.

Maybe the real question is not whether I stop writing eBooks.

Maybe it is whether I am brave enough to write differently.

If you are a writer, a reader, or someone who quietly stopped reading books, I would love to hear your thoughts.

Have you felt this shift too?

Book Review by a Young Founder: How The Favoriot Way Sparked New Fire in Me

I picked up The Favoriot Way: A Life Built on Curiosity and Courage by Mazlan Abbas at a time when I felt stuck between ambition and uncertainty. The title alone sounded like something a seasoned founder might write after years of success. What I didn’t expect was how personal, honest, and relatable this book would feel from the very first page.

Right away, I could sense this wasn’t a typical business book full of polished charts and bright promises about overnight success. It felt like sitting down with someone a few steps ahead of me on a road I’m still trying to map out. I could almost hear his voice explaining how curiosity pushed him forward in ways no strategy ever could.

Curiosity as a Compass

What hit me first was how Mazlan traced his journey back to childhood curiosity, fiddling with broken radios, wanting to know how things worked. It made me reflect on my own early curiosities. For me, it was taking apart gadgets as a kid, even though I rarely put them back together. Reading that made me laugh and nod at the same time.

As a young entrepreneur, it’s easy to look at seasoned founders and assume they had some secret formula from the start. This book reminded me that the real engine behind growth is simple curiosity showing up with questions and staying with them even when answers aren’t obvious.

Real Talk About Real Challenges

The book moves through Mazlan’s life from student days to corporate leadership and into entrepreneurship with Favoriot. But it doesn’t boast or brag. What stood out most were the honest moments where he wasn’t sure what came next. That was refreshing. I often worry that not knowing the next step means I’m failing. Reading about someone I respect being uncertain and still moving forward felt like a permission slip.

There was one part where he talked about choosing entrepreneurship at an age when many people are thinking about stability. That hit me hard. I’ve always wondered if my dreams make sense in the real world. His reflections made me rethink that fear and see it as part of the journey, not a detour.

Lessons That Feel Personal

What I appreciated most about this book is that it doesn’t give you a checklist of things to do. There are no fluff headlines about “10 steps to success.” Instead, Mazlan shares what he learned about being patient, thinking clearly, and trusting that consistent effort compounds over time. As someone building something from scratch, that perspective felt grounding.

I highlighted lines about:

  • Taking time to think clearly
  • Putting curiosity ahead of shortcuts
  • Treating failure not as a dead end but as data

Every time I paused on a passage, I found myself thinking “Yes, that’s exactly how it feels.” It was like someone had put into words things I’d been feeling but couldn’t articulate.

Accessible and Encouraging

The writing style is simple but powerful. Some moments felt like candid conversations instead of formal text. If you’re like me, juggling ideas and doubts, this tone makes the content feel accessible and encouraging rather than intimidating.

I’ve read business books that left me motivated for a day, only to be forgotten. This one stayed with me at the end of each chapter. It made me reflect on why I’m building what I’m building and how I want to show up for it.

Why This Book Matters for Young Founders

As someone forging my own path, I didn’t need another blueprint. What I needed was perspective. Someone to remind me that uncertainty isn’t a flaw, but part of the startup journey. Someone to say that curiosity will keep me going long after hype fades.

The Favoriot Way gave me that.

It’s short, easy to read, and packed with real insights that feel like they came from lived experience. Whether you are just starting a venture or trying to find clarity in your direction, this book gives you something many other business books don’t: emotional resonance with your struggles.

Final Thoughts

Reading this book felt like a conversation with a mentor who doesn’t sugarcoat but still believes in your potential. For young entrepreneurs like me who sometimes doubt whether we’re on the right track, this was precisely the kind of perspective we need.

It doesn’t tell you what your next move should be. It gives you the confidence to make that move yourself.

If you’re chasing ideas, navigating doubt, or building something that matters to you, The Favoriot Way deserves a spot in your reading list.

Rating: 4.5 out of 5 stars

And if you’ve read it too, I’d love to hear which part spoke to you most. Drop a comment and let’s talk about it.

[Book review: A Young Entrepreneur in the Making]

Download eBooks from Mazlan Abbas

  1. Favoriot – The Journey of an IoT Startup
  2. The Favoriot Way – Life of Curiosity and Courage
  3. Hello IoT
  4. Mastering IoT with Favoriot: A Comprehensive Guide for Business and Educational Institutions
  5. Internet of Things (IoT): A Beginner’s Guide
  6. Startup Survival: The Journey of a Tech Entrepreneur
  7. Your IoT Journey
  8. IoT Notes

Favoriot – The Journey of an IoT Startup: A Free eBook for Thoughtful Makers, Thinkers, and Doers by Mazlan Abbas

Today (1 January 2026), I’m thrilled to share something that’s been quietly taking shape over the past year. My latest eBook titled “Favoriot – The Journey of an IoT Startup” is now officially released and available for free download. You can get your copy right here: https://payhip.com/b/GbOyo

Writing this book was not a sprint. It was more like those slow early mornings when you sit with a cup of coffee before the world wakes up and try to make sense of what you’ve learned, what you’ve unlearned, and what still puzzles you.

“What if I just write this down now before I forget how it felt?” I asked myself more times than I can count.

That question became this book.

Why This eBook Exists

I didn’t set out to write an eBook that checks all the “how to succeed” boxes. I wrote something more honest. More personal. More reflective of real work and real life.

This is a piece of writing that came from:

  • Conversations I had with founders and students
  • Moments when I wasn’t sure if something would work
  • Times when a quiet insight changed my view more than any big announcement ever could

Some parts feel calm and clear. Some parts feel messy and uncertain. In all of them, you’ll find reflections that resonate with the kinds of questions we all silently carry with us.

If you’ve ever asked yourself, “Am I doing this right?” or “What truly matters here?” then this book was written with you in mind.

What You’ll Find Inside

This eBook isn’t a step-by-step guide or a list of formulas that promise success. You won’t find shortcuts here. What you will find are reflections rooted in real experience:

  • How clarity often arrives slowly
  • Why patience matters more than speed
  • What it really takes to think long term
  • Why credibility beats noise
  • How do you navigate uncertainty when the path ahead isn’t clear

These are not theories. They came from living through questions that didn’t have neat answers.

“Oh… so this is what that moment was really teaching me,” I found myself saying as I shaped these chapters.

A Free Book for the Curious Mind

You might wonder why this eBook is free. There are reasons.

Most books you see are behind paywalls. You sign up. You subscribe. You unlock. All of that has its place.

But I wanted this one to be different.

I wanted it to be reachable by anyone who might benefit from it — no barriers. No barriers, no hoops, no strings attached.

Just download it, read it at your pace, and keep what matters to you.

Who Should Read This

This is a book for people who:

  • Are you building something without a clear path
  • I’m thinking about the next step, but don’t know exactly what it is
  • Feel the tension between urgency and patience
  • Need space to reflect instead of being told what to do

If you’re looking for hype or fast answers, this may not be a perfect match.

If you’re looking for thoughtful reflections that support your own thinking, then this book might feel like a companion for that journey.

Grab Your Copy

Here’s the link again:

👉 https://payhip.com/b/GbOyo

Download it, read it, and then take a moment to reflect on one question:

Which part stayed with me the longest after I closed it?

If you feel like sharing what that was, I’d really like to hear it. Drop a comment. Send a message. Pass the link to someone else who might need it.

Because sometimes the meaning of a book only shows up after you’ve walked a few steps beyond the last page.

Thank you for being here. I’d love to hear your thoughts.

Let’s continue the conversation.

Books Written by Dr. Mazlan Abbas

Get Your FREE IoT eBook Now – Limited Time Offer!

Want to start an IoT project but don’t know where to begin?

I get it. IoT is exciting yet overwhelming—so many components, protocols, architectures, and business models. You’ve probably asked yourself:

“Where do I even start?”
“Which IoT platform should I use?”
“How do I build a scalable solution?”

That’s precisely why I wrote “IoT Notes”—a simple, structured, and no-nonsense guide to help you kickstart your IoT journey without confusion.

Why This eBook is Essential for IoT Beginners & Professionals

The Internet of Things is not the future—it’s NOW. Businesses, industries, and even everyday life are being revolutionized by IoT. If you don’t learn about it today, you risk falling behind.

📖 “IoT Notes” covers everything you need to understand, plan, and implement IoT solutions:

What is IoT? (Explained simply, without the tech jargon)
How IoT helps fight COVID-19 (Real-world case studies)
IoT & the Fourth Industrial Revolution – Why now is the best time to get involved
How IoT impacts businesses – Key success factors and challenges
7 IoT Business Models – How to monetize IoT solutions
Comparing IoT protocols – MQTT vs HTTP, LPWAN, and network choices
IoT architecture & system integration – How everything connects
Top 10 skills to become an IoT Engineer
Favoriot IoT Platform – How to get started for free!
And much more! (Subscribers get free future updates!)

📥 Download “IoT Notes” for FREE – Limited Time Only!

Yes, you read that right. It’s FREE! But if you find it valuable, you can choose to support future content with a small contribution.

🔗 Click here to grab your free copy now!

IoT is shaping the world—don’t get left behind. Download the eBook now and take your first step into the IoT revolution! 🚀

See you inside!

Dr. Mazlan Abbas
IoT Evangelist | Favoriot Co-Founder

Ripples of Technology and the Tsunami of Disruption

IOT NOTES

Lecture Notes

Today, let’s explore a fascinating analogy between technology waves and a tsunami and what it teaches us about embracing disruptive innovation.

This diagram gives us a vivid understanding of how small technological changes can lead to massive transformations. Let’s break it down step by step.

Based on eBook — IoT Notes by Mazlan Abbas

1. Ripples of Technology

Imagine a drop of water falling into a still pond. That single drop creates ripples that spread outward. Similarly, a single new technology creates small ripples of change. But what happens when multiple waves combine?

  • Small Waves: These represent individual technologies making minor changes.
  • Combining Waves: When multiple small technologies integrate and interact, they create larger impact waves.
  • Tsunami Effect: When these waves grow in size and momentum, they lead to a disruption — a sudden and massive transformation.

Key takeaway: New technologies don’t disrupt on their own; the integration of technologies drives large-scale changes.

2. What Happens Before a Tsunami Hits?

The analogy becomes even more powerful when we think about the moments before a tsunami strikes:

  • Sudden Signs: The beach suddenly empties of water, creating a sense of calm before the storm.
  • White Waves Appear: The signs of disruption become visible, but people often don’t take them seriously.
  • Silence: There’s an eerie pause before the massive wave crashes.
  • Unpreparedness: People on the beach are caught off guard and unable to escape.

This is a perfect metaphor for technological revolutions. They often come suddenly, fast, and disastrously for those who are unprepared.

Characteristics of a Revolution:

  • Sudden: Changes happen quickly, often without warning.
  • Disruptive: Entire industries and systems are transformed.
  • Radical Change: Traditional ways of doing things are replaced.
  • Complete: The change impacts everyone, leaving no sector untouched.

3. Surfing the IoT Waves

Let’s bring this analogy to life with the Internet of Things (IoT). Imagine you’re a surfer facing the waves of IoT innovation. How do you ride them instead of being overwhelmed?

  1. Ride the Waves: Stay updated with the latest technological trends. Learn how IoT, AI, and other advancements are shaping industries.
  2. Be Aware of the Next Wave: Just as a surfer looks for the next big wave, keep an eye on emerging technologies that could disrupt your field.
  3. Be the Innovator, Not the Laggard: Take action early. Innovate and adapt before the waves of disruption leave you behind.

4. Key Lessons from the Tsunami Analogy

  • Disruption is Inevitable: Whether you’re ready or not, technological waves will crash onto the shore of your industry.
  • Integration Drives Change: It’s not just one technology but the combination of many that create a tsunami effect.
  • Prepare, Don’t React: Those who prepare for change will thrive, while those who wait to react will struggle to keep up.

Final Thoughts

The tsunami analogy reminds us that we can’t stop the waves of technology, but we can learn to ride them. Whether IoT, AI, or another innovation, the key is to stay proactive, informed, and adaptable. Are you ready to surf the waves of change?

Let’s open the floor for questions or reflections on how you can prepare for the next big wave in your industry.

[Download full eBook IoT Notes for free]

Why is IoT Growing Now?

IOT NOTES

Lecture Notes

Based on eBook — IoT Notes by Mazlan Abbas

Today, let’s explore why the Internet of Things (IoT) is experiencing a surge in awareness and adoption in recent years. The diagram provides five apparent factors driving this growth, so let’s walk through each step.

1. Hardware Advancements

The first driver of IoT adoption is the rapid development of hardware. Devices are now:

  • Cheaper: The cost of sensors, processors, and connectivity modules has dropped significantly.
  • More Powerful: Today’s smartphones, for instance, are as powerful as the computers that send astronauts to the moon.
  • Smaller: Miniaturisation has made it easier to embed technology into all sorts of devices, from wearable health trackers to smart home appliances.

These advancements make IoT devices accessible to more people and industries.

2. Network Expansion

IoT depends on connectivity, and networks have become more pervasive and diverse:

  • We now have Wi-Fi, 4G/5G, LoRa, NFC, and even satellite networks connecting devices across the globe.
  • This widespread coverage ensures that IoT devices can communicate, no matter where they are located.

Imagine this: You can monitor a sensor in a remote farm or track a shipping container in the middle of the ocean because of this pervasive network infrastructure.

3. Easier and Faster Software Development

Creating IoT solutions has become simpler because:

  • Software tools and platforms are now more user-friendly.
  • Developers can build and deploy solutions quickly with pre-built frameworks, cloud computing, and open-source libraries.

What used to take months or years to program can now be done in days or weeks, speeding up innovation in IoT.

4. Moore’s Law: The Power of Computation

You may have heard of Moore’s Law, which states that the number of transistors on a chip doubles approximately every two years. This leads to:

  • Higher computational power: Devices can handle more complex tasks, such as AI and data processing, on smaller chips.
  • Lower costs over time: IoT solutions can scale quickly with more powerful chips becoming affordable.

This exponential growth in computing power has made IoT a reality.

5. The Network Effect

The network effect explains how IoT becomes more valuable as more connected devices. Here’s why:

  • Everything is connected: Sensors, devices, and systems communicate and generate data.
  • Data generation: The more devices there are, the more data we have. This data can be analysed to gain insights, optimise processes, and improve decision-making.

For example, a smart city network with connected traffic lights, sensors, and cameras can reduce congestion and improve safety by analysing real-time data.

Historical Context

  • The term “IoT” was first coined by Kevin Ashton in 1999.
  • It took years of technological progress for IoT to become mainstream. By 2020, IoT reached a tipping point, integrating with industries worldwide.

Why Now?

The convergence of cheaper hardware, pervasive networks, faster software development, computational power (thanks to Moore’s Law), and the network effect have created the perfect environment for IoT to flourish.

IoT is no longer a futuristic concept — it’s a reality shaping industries like agriculture, healthcare, and manufacturing.


Let’s discuss: Which of these factors do you think has had the biggest impact on IoT adoption? How can we use these advancements to innovate further in our fields?

[Note: Download full IoT Notes eBook]

Lessons from My eBooks Sales

Someone asked me whether downloadable guides are a good lead generator for your business.

I never expected my eBooks to reach thousands of readers, let alone generate meaningful engagement. But looking at the numbers on my Payhip dashboard, I realise that writing and sharing knowledge can have a far-reaching impact.

The Journey of Sharing Knowledge

When I started publishing eBooks, my goal was simple: to document my experiences in IoT, entrepreneurship, and emerging technologies. I wanted to provide insights, guides, and frameworks that others could use, whether beginners or seasoned professionals.

Some books were offered for free to encourage accessibility, while others were priced modestly to reflect the value they provided. The result? A mix of high engagement and steady sales across different topics.

What the Numbers Reveal

Here’s a quick breakdown of how my eBooks have performed:

  • Most Popular Titles:

These two books clearly stand out. They focus on IoT, a topic I’ve been deeply involved with for years. It confirms that readers are eager to learn about IoT from a practical perspective. (Note: Initially, I sold these eBooks but now have made it for free)

These free resources were downloaded hundreds of times, proving that people appreciate concise and visual learning materials. Even though they didn’t generate direct revenue, they helped establish credibility and expand my reach.

These books didn’t attract huge numbers, but those who did purchase them found value in the content. It shows that niche topics may have a smaller audience but can still be monetised effectively. However, I have significantly reduced the prices of these eBooks.

Lessons from This Experience

  1. Free Resources Create Awareness
    Many downloads came from free materials, proving that giving knowledge away can be a powerful strategy. It builds trust and increases the likelihood of people exploring paid content later.
  2. IoT is a Strong Niche
    Books related to IoT consistently performed well. This reinforces that IoT remains a hot topic, and people actively seek structured knowledge.
  3. Engagement Doesn’t Always Mean Revenue
    Some books had high views but few orders, while others had lower views but better conversion rates. Pricing, perceived value, and the topic’s urgency significantly influence an eBook’s performance.
  4. Presentation Matters
    The success of IoT Notes and Your IoT Journey suggests that readers appreciate structured, well-organised content with clear takeaways.

What’s Next?

Seeing these numbers has given me new ideas. I plan to refine my offerings, update content, and possibly bundle resources to increase value. I’m also considering interactive formats like video courses based on my books.

Publishing these eBooks has been a rewarding experience—not just in sales but in the connections and conversations they have sparked. If you’re thinking of writing your own eBook, go for it. You never know who might find value in your words.

Check out my eBooks here: Payhip Store.

What do you think makes an eBook successful? Let’s discuss it!

How IoT Impacts the 7 M’s of Business

Today, we’ll explore how the Internet of Things (IoT) transforms the 7 M’s of business — key elements that drive an organisation’s operations and strategy.

These 7 M’s are Manpower, Material, Method, Machine, Market, Money, and Management. Let’s break down each one and see how IoT impacts them.

Based on the eBook — IoT Notes by Mazlan Abbas

1. Manpower

IoT helps businesses optimise human resources by reducing costs, improving safety, and increasing productivity.

Impact of IoT:

  • Cost Reduction: Automating repetitive tasks reduces the need for manual labour.
  • Worker Safety: IoT devices, such as wearables, can monitor health and alert workers to potential hazards.
  • Productivity: By enabling remote work and real-time communication, IoT allows employees to focus on high-value tasks.

Example: A construction company using wearables to monitor worker fatigue and ensure safety.

2. Material

IoT ensures better management of materials, improving supply chain efficiency and reducing waste.

Impact of IoT:

  • Just-In-Time Delivery: Sensors track inventory levels and automatically reorder materials when needed.
  • Asset Condition Monitoring: IoT devices monitor the condition of materials, ensuring quality and preventing spoilage.

Example: A warehouse using IoT sensors to track stock levels and ensure optimal storage conditions.

3. Method

IoT makes business processes more agile and efficient by simplifying methods.

Impact of IoT:

  • Reduce Red Tape: Automating workflows eliminates unnecessary administrative steps.
  • Agility: IoT enables businesses to respond quickly to changing conditions.
  • Efficiency: Processes become faster and more streamlined with IoT integration.

Example: A manufacturing plant automating quality checks with IoT sensors to speed up production.

4. Machine

IoT maximises the performance of machines, ensuring reliability and reducing downtime.

Impact of IoT:

  • Uptime: Predictive maintenance ensures machines are operational when needed.
  • Predictive Maintenance: IoT sensors detect issues before they become critical, preventing failures.
  • Error Reduction: Machines can self-correct or alert operators when errors occur.

Example: A factory using IoT-enabled machinery to monitor performance and schedule maintenance.

5. Market

IoT helps businesses expand into new markets and improve their customer reach.

Impact of IoT:

  • New Market Segments: IoT enables innovative products and services, opening new revenue streams.
  • Global Reach: Businesses can monitor and manage operations worldwide through IoT platforms.

Example: An IoT-enabled home security company entering international markets with smart security systems.

6. Money

IoT creates new revenue opportunities and reduces costs.

Impact of IoT:

  • New Revenue Streams: IoT drives innovation, leading to new services and products.
  • Cost Savings: Automating processes and improving efficiency reduces expenses.

Example: A logistics company saving fuel costs by using IoT to optimise delivery routes.

7. Management

IoT improves decision-making through data-driven insights.

  • Impact of IoT:
  • Data-Driven Decisions: Real-time data helps managers make informed choices.
  • Transparency: IoT provides visibility into all areas of the business.
  • Better Decision-Making: Analytics from IoT systems offer actionable insights.

Example: A retail chain using IoT to monitor sales trends and optimise inventory.

Key Takeaways

IoT has a transformative impact on the 7 M’s of business:

  1. Manpower: Reduces costs and improves safety.
  2. Material: Ensures quality and efficiency.
  3. Method: Simplifies workflows and increases agility.
  4. Machine: Enhances reliability and performance.
  5. Market: Expands opportunities globally.
  6. Money: Generates new revenue and reduces costs.
  7. Management: Improves decisions with real-time insights.

Discussion Question: Which of the 7 M’s most benefits from IoT in your industry? Let’s share ideas and examples!

{You can download the FREE eBook IoT Notes by Mazlan Abbas]