What I learned in my studies on how to be rich is that laziness is the key to richness. How can you serve more and more - and charge them - with less and less effort. That is the key of the creative mind of business tycoons.
Juan Tamad is one of the characters our elementary teachers discourage us to follow. I recommend you follow him if you want to be rich through entrepreneurship. It doesn't mean be lazy on studying how to be rich and building systems but be lazy on labor.
We are popular of being a race of hardworking people. We should be hardworking at building business systems not at hard labor.
October 25, 2008
October 22, 2008
Rich-Poor Gap
It's in the news that the gap between the rich and poor has grown in the past 20 years in the developing countries. And the government is suggesting that we educate our children so they will grow as responsible grown-ups and hopefully will be financially stable.
The problem is we educate our children to be specialized employees but not financially literate. Then the gap continues to grow and the have-nots will blame corruption. Then a revolution will break out because they can't take it anymore. Chaos sets in then the rich will see opportunities in times of war. And the poor do not. Then the cycle goes on. The gap grows and grows even farther.
The problem is we educate our children to be specialized employees but not financially literate. Then the gap continues to grow and the have-nots will blame corruption. Then a revolution will break out because they can't take it anymore. Chaos sets in then the rich will see opportunities in times of war. And the poor do not. Then the cycle goes on. The gap grows and grows even farther.
October 19, 2008
Stand Strong
Here is a classic example of the opposite views of an employee and a businessman.
I stand strong to what I know what is right or wrong. It is important to be open to new ideas. War is started due to conflict of principles or maybe financial illiteracy. If you see justice in making war, suit yourself. I won't budge an inch to what I see is fit and just.
"Any comment on the following criticism and controversy:
Kiyosaki's books and teachings have been criticized for focusing on anecdotes and containing little in the way of concrete advice on how readers should proceed...."(You can read the rest of the criticism article at: http://en.wikipedia.org/wiki/Robert_Kiyosaki#Criticism_and_controversy)
I suspect you haven't read the books mentioned on that criticism. After reading their books, it's not hard to see what they are talking about. You don't have to look in the libraries to confirm the facts. You can see it all around you.
I can see you are a religious person. And a teacher. And I expect you will never read their books or understand what we are talking and standing for.
I live by the principles of Ignatius. What I learned in Ateneo is to serve others. I don't see injustice in uplifting the poor from poverty or make them rich.
Businessmen are vicious. We are vicious so people can understand. Sometimes we come across as evil and greedy.
I have talked too much. Talk is cheap. And time is too precious to waste.
I stand strong to what I know what is right or wrong. It is important to be open to new ideas. War is started due to conflict of principles or maybe financial illiteracy. If you see justice in making war, suit yourself. I won't budge an inch to what I see is fit and just.
October 11, 2008
Lucky Me
I read this article about a survey on Filipinos-my fellow countrymen- about retirement. Most agree to start retirement plan when they are 30, which the financial advisor agree is appropriate. Then a question about investment vehicles. Then a comment about financial people actually do not have retirement of their own. Simply, DO NOT WALK THE TALK. The summary, they know it's important but they don't do it.
I guess I'm just lucky I bought the "WHY WE WANT YOU TO BE RICH" book earlier than when I reach 30. Only it's 3 years. I hope that is sufficient head start.
When I just started working here in Manila all I wanted was comfort and a bit of leisure. I bought my own tv set and a dvd. Then a ps2. A typical rat race, while income is increasing so is expenses.
Fortunately, I didn't follow my colleagues who were addicted to laptops and psp's. I was contented in ps2 and was thinking of doing business occasionally.
Then one day, I went to national bookstore to look for a small book that I want to read. Just any book. I came across this book. I saw Donald Trump. Then I saw Robert Kiyosaki. Robert who....? Ow, the author of rich dad poor dad. Yeah I heard that book from Forever Living.
And so my journey to financial freedom begins.
I guess I'm just lucky I bought the "WHY WE WANT YOU TO BE RICH" book earlier than when I reach 30. Only it's 3 years. I hope that is sufficient head start.
When I just started working here in Manila all I wanted was comfort and a bit of leisure. I bought my own tv set and a dvd. Then a ps2. A typical rat race, while income is increasing so is expenses.
Fortunately, I didn't follow my colleagues who were addicted to laptops and psp's. I was contented in ps2 and was thinking of doing business occasionally.
Then one day, I went to national bookstore to look for a small book that I want to read. Just any book. I came across this book. I saw Donald Trump. Then I saw Robert Kiyosaki. Robert who....? Ow, the author of rich dad poor dad. Yeah I heard that book from Forever Living.
And so my journey to financial freedom begins.
October 10, 2008
Buffetology
This is the latest book I had so far as of the date 10/11/08. I'm not sure when did I purchase it and I'm too lazy to see when was the exact date which I wrote at the first page of the book. I always do that on all my books that I purchase and love the most. This book is all about the investing styles of Warren Buffet on stocks.
Mary is the author if the book together with.... I forgot who. Anyway, she was the daughter in law of Warren. She was divorced to Warren's son. She wrote it with the assistance of Warren's friend and partner- I think.
I haven't finished it reading but she is very funny! This book is also valuable for business owners. You can actually measure if your business is doing fine. It's just like what Robert Kiyosaki always says that it's a good practice to have your own business before investing because you are actually investing in a business.
I recommend this book to everyone who wants to be rich.
Mary is the author if the book together with.... I forgot who. Anyway, she was the daughter in law of Warren. She was divorced to Warren's son. She wrote it with the assistance of Warren's friend and partner- I think.
I haven't finished it reading but she is very funny! This book is also valuable for business owners. You can actually measure if your business is doing fine. It's just like what Robert Kiyosaki always says that it's a good practice to have your own business before investing because you are actually investing in a business.
I recommend this book to everyone who wants to be rich.
October 9, 2008
Don't work for Money
If you only see a world of PAYCHECK, you will not develop the sight of seeing opportunities. Seeing a world WITHOUT PAYCHECK enhances your creativity.
When the world was just starting to make technology, employment was in the form of slavery. Everyone tries to make a living in trade. Almost everyone are merchants. And I notice that almost all of our grandparents have businesses. It only means, before, people see a world without paycheck.
Do not be addicted to high paying jobs. You will only make your employer richer, not you.
When the world was just starting to make technology, employment was in the form of slavery. Everyone tries to make a living in trade. Almost everyone are merchants. And I notice that almost all of our grandparents have businesses. It only means, before, people see a world without paycheck.
Do not be addicted to high paying jobs. You will only make your employer richer, not you.
A message to all OFW's
I have friends that went abroad. Most of us were sad and some NR-no reaction.
Statistics shows that more than half of the ofws still have consumer habits than those that invest or create businesses.
people, you went abroad because our country does not satisfy your income needs and difficult to find a quality job. It's time to create jobs.
Learn and enter the business world. It is one of the ways lacking in our country. Patriotism? it's all over. Only a few engage in building corporations that provide employment.
I thank you because you people are not called modern heroes for nothing. Yes you helped our country from the effects of the turmoil, but if you want to really help and be patriotic, enter the money game and WIN.
Statistics shows that more than half of the ofws still have consumer habits than those that invest or create businesses.
people, you went abroad because our country does not satisfy your income needs and difficult to find a quality job. It's time to create jobs.
Learn and enter the business world. It is one of the ways lacking in our country. Patriotism? it's all over. Only a few engage in building corporations that provide employment.
I thank you because you people are not called modern heroes for nothing. Yes you helped our country from the effects of the turmoil, but if you want to really help and be patriotic, enter the money game and WIN.
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