Personally, I don't think that there is such a thing call self-made millionaire or multi-millionaire. I believe all of them has got supporters that come in different forms. People like their spouse, children, employees, suppliers, mentors, spiritual masters, customers and friends, just to name a few.
I invited one of my ex-staff, who is now my friend, to my new house and we have a good chat about the past when we were starting out on our journey. We talked about the struggles and challenges that we have to overcome during those time and how it has been an amazing journey. I am always grateful to them for taking a pay cut to join my team during those early years. I am glad that we managed to succeed now and their early sacrifices did not go to waste.
I am looking at how to use my success to help them in anyway that I can. Because of their positive and exellent attitude, I will always reserve the best opportunity for them. I am very blessed to have good people that had helped me in my life.
Thursday, September 15, 2011
Thursday, September 8, 2011
Step 42; How to write your book with little effort of your own
One of the keys to writing your book is to find a subject that you are passionate about, very familiar with and very good at. Don't do it just for the money. Do it because you have something of value to give to the readers.
You will then have to find a good ghost writer. What my ghost writer did was to interview me for about 6 hours in total, on different days. Transcribed what was recorded and write into text in soft copy. After a few rounds of corrections and editing, we look for friends and mentors to write the foreword and testimonials. When all is done, look for a graphic designer to design the cover. Look for a distributor who is willing to distribute your book to the bookstores. Negotiate the terms and collect the orders. Find a reliable printer to print your book.
Also find people who are good with IT to come up with an ebook to sell it online. Find good internet marketers to help you to sell online. I give them 50% of the profits.
If you have been thinking of writing your book for a long time, my advice is; Just Do It!
"Don't wait for perfection then write, write first, then perfect it." If I can do it, so can you!
You will then have to find a good ghost writer. What my ghost writer did was to interview me for about 6 hours in total, on different days. Transcribed what was recorded and write into text in soft copy. After a few rounds of corrections and editing, we look for friends and mentors to write the foreword and testimonials. When all is done, look for a graphic designer to design the cover. Look for a distributor who is willing to distribute your book to the bookstores. Negotiate the terms and collect the orders. Find a reliable printer to print your book.
Also find people who are good with IT to come up with an ebook to sell it online. Find good internet marketers to help you to sell online. I give them 50% of the profits.
If you have been thinking of writing your book for a long time, my advice is; Just Do It!
"Don't wait for perfection then write, write first, then perfect it." If I can do it, so can you!
Thursday, September 1, 2011
Step 41; Have a vision, think long term
"Begin with the end in mind" I believe I read this in Stephen Covey's book, 7 habits of highly successful people. He talks about writing your own eulogy.
One of my beliefs is "The only thing that you can take away from this world is what you give" What I meant is; all of us are going to die one day and the fact is that we can't take away a single cent with us. The reason why we want to make a lot of money is to use it wisely for the benefit of the planet and to contribute to mankind. At the same time, you can only make money when you are contributing good value to the planet or mankind.
I want you to think of what you want to achieve at the end of your life. Do you want to leave behind a legacy? My advice to you is think BIG and go for it without fear. Believe me, you will make mistake, you will fall at certain times, you will lose some battles but you must always remember to GET UP and KEEP GOING!
One of my beliefs is "The only thing that you can take away from this world is what you give" What I meant is; all of us are going to die one day and the fact is that we can't take away a single cent with us. The reason why we want to make a lot of money is to use it wisely for the benefit of the planet and to contribute to mankind. At the same time, you can only make money when you are contributing good value to the planet or mankind.
I want you to think of what you want to achieve at the end of your life. Do you want to leave behind a legacy? My advice to you is think BIG and go for it without fear. Believe me, you will make mistake, you will fall at certain times, you will lose some battles but you must always remember to GET UP and KEEP GOING!
Thursday, August 25, 2011
Step 40; Integrity, reputation and character
"Integrity is the Essence of Everthing" Buck Minister Fuller. If you want to be rich, you have to build a good reputation in business. Never collect money from people if you did not deliver the value. At the same time don't let people take advantage of you either.
I have a case where this guy attended one of our courses and later ask for his money back. Not only that, he try to instigate the class to get back their money as well. Fortunately, his course mates had benefitted from the program and had the integrity to reject him.
When I met up with him and told him that we do not have a money back policy. He claims that he took 6 companies public listed and what I taught was elementary. So I told him that since we don't have a money back policy and money should not be a problem to him (since he listed 6 companies) why not we donate the program fees to charity. He was taken aback and confessed to me that he actually needed the money for his son's medical fees. Out of compassion, we decided to refund him his money. I have seen many such characters in the market and I know they will never be rich. Remember this, the world is very small, what goes around, comes around. Your reputation will follow you wherever you go.
I have a case where this guy attended one of our courses and later ask for his money back. Not only that, he try to instigate the class to get back their money as well. Fortunately, his course mates had benefitted from the program and had the integrity to reject him.
When I met up with him and told him that we do not have a money back policy. He claims that he took 6 companies public listed and what I taught was elementary. So I told him that since we don't have a money back policy and money should not be a problem to him (since he listed 6 companies) why not we donate the program fees to charity. He was taken aback and confessed to me that he actually needed the money for his son's medical fees. Out of compassion, we decided to refund him his money. I have seen many such characters in the market and I know they will never be rich. Remember this, the world is very small, what goes around, comes around. Your reputation will follow you wherever you go.
Thursday, August 18, 2011
Step 39; Follow your heart
When you believe in something that you must do, deep down in your heart, then I say follow your heart without fear. Most importantly, it has got to be something that add value to others and not just for monetary gains. Don't worry, when you add value to others, the money will come, in the nick of time, always in the nick of time. I have experience this many times. When I need money, I just have to go out there and add value to others and the money will come in at the time when I need it the most. So, if you want to make a lot of money, you just have to add a lot of value to a lot of people.
Just look at all the masters in different fields, they have a passion and a heart for what they do. They love what they do and they do it really well. They do it again and again and see their money pouring in. Unfortunately, many of them go broke because of money mismanagement or could not manage their emotions. One example is Michael Jackson; he is a master of entertainment, make lots of money but could not manage his money and emotions. He died because he lost his spirit to do what he loves.
Majority of people work for money and not doing what they love. They are using their head and not their heart. I love what I do and I have no intention to retire at all. I want to do what I love, for as long as the higher power permits. What I do brings joy to my heart and I want to follow my heart. I hope you will be able to find something that you love to do, worth doing and add value to humanity.
Have an awesome day!
Just look at all the masters in different fields, they have a passion and a heart for what they do. They love what they do and they do it really well. They do it again and again and see their money pouring in. Unfortunately, many of them go broke because of money mismanagement or could not manage their emotions. One example is Michael Jackson; he is a master of entertainment, make lots of money but could not manage his money and emotions. He died because he lost his spirit to do what he loves.
Majority of people work for money and not doing what they love. They are using their head and not their heart. I love what I do and I have no intention to retire at all. I want to do what I love, for as long as the higher power permits. What I do brings joy to my heart and I want to follow my heart. I hope you will be able to find something that you love to do, worth doing and add value to humanity.
Have an awesome day!
Thursday, August 11, 2011
Step 38; Never take advantage of the rich
Net working with the rich is very important, but never take advantage of them or try to borrow money from them. When I was a bankrupt, I network with the rich and told them frankly that I am a bankrupt. I only ask them for project and to pay me a fair amount only when they are satisfied with the results that I delivered.
Unfortunately, I see a lot of people trying to borrow money from the rich and take advantage of them. Let me share with you a true story.
Some time ago, there live a very rich businessman and he wanted to help the people around him to be rich. So one day he ask some of his associates to share with him to invest in some properties. All of them agreed and invested with this businessman. Unfortunately, after investing, there was an economic downturn and the property prices started to drop. Most of the investors panic and pressured the businessman to sell the properties. The businessman did his best to sell the properties for a price where they need not lose any money. Unfortunately the businessman could not find a buyer willing to pay for the asking price. After sometime, some of the investors gather together and demand that the businessman return their money and threaten to sue him if he does not do so. This is like buying a stock at $2 and when the stock comes down to $1, the investors insisted to be paid back the $2. Because the businessman do not want to go through the hassle of going to court, he relented and return their investment. However, there was one businessman who is also very rich, who puts in a lot more money than the other investor who did not ask for his money back but willing to go through the bad times with the businessman.
I will stop here and posts some questions to you. If you are the rich businessman, will you ever work with those associate who ask for their money back again? Do you think you will share with them any good opportunities in the future or with the rich businessman that did not ask for his money back unreasonably? Do you know why the rich gets richer?
I have seen many rich people do deals together and they usually have the integrity to be fair to each other and go through good times and bad times together. One of my mentor sold his investment properties to pay the ransom for his friend and business partner, who was kidnapped. They loss all their money and have to start all over again. Today, they are still partners and they now own 2 public listed companies together.
Like what they say; When you lose money, you lose nothing. When you lose your health, you lose something. When you lose your integrity, you lose everything.
Unfortunately, I see a lot of people trying to borrow money from the rich and take advantage of them. Let me share with you a true story.
Some time ago, there live a very rich businessman and he wanted to help the people around him to be rich. So one day he ask some of his associates to share with him to invest in some properties. All of them agreed and invested with this businessman. Unfortunately, after investing, there was an economic downturn and the property prices started to drop. Most of the investors panic and pressured the businessman to sell the properties. The businessman did his best to sell the properties for a price where they need not lose any money. Unfortunately the businessman could not find a buyer willing to pay for the asking price. After sometime, some of the investors gather together and demand that the businessman return their money and threaten to sue him if he does not do so. This is like buying a stock at $2 and when the stock comes down to $1, the investors insisted to be paid back the $2. Because the businessman do not want to go through the hassle of going to court, he relented and return their investment. However, there was one businessman who is also very rich, who puts in a lot more money than the other investor who did not ask for his money back but willing to go through the bad times with the businessman.
I will stop here and posts some questions to you. If you are the rich businessman, will you ever work with those associate who ask for their money back again? Do you think you will share with them any good opportunities in the future or with the rich businessman that did not ask for his money back unreasonably? Do you know why the rich gets richer?
I have seen many rich people do deals together and they usually have the integrity to be fair to each other and go through good times and bad times together. One of my mentor sold his investment properties to pay the ransom for his friend and business partner, who was kidnapped. They loss all their money and have to start all over again. Today, they are still partners and they now own 2 public listed companies together.
Like what they say; When you lose money, you lose nothing. When you lose your health, you lose something. When you lose your integrity, you lose everything.
Thursday, August 4, 2011
Step 37; Smile at adversity until it surrenders
Hey, let's face it, everyone have their own sets of problems and challenges. The rich, the poor and the middle income. There's no way we can run from it. We have 2 choices, get upset and make the problem bigger or smile at it until the problem goes away.
Met one of my friend, Steve Wee, and he shared with me what he learned from me sometime ago. "If it doesn't kill you, it will only make you stronger." Do whatever you can to solve your problems but don't let it drains you emotionally.
Met one of my friend, Steve Wee, and he shared with me what he learned from me sometime ago. "If it doesn't kill you, it will only make you stronger." Do whatever you can to solve your problems but don't let it drains you emotionally.
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