Ryan Ho's Entrepreneurship Blog

Blogging on topics revolving around entrepreneurship.

Archive for the ‘Money Management’ Category

September-25-11

Ten Investment Rules of the Wealthy

posted by ryan

Investment Image

It’s my second day in the SharesXpert training and through out the training, i came to realize that the designing and optimization of the SharesXpert software has factored into most if not all of the business rules that I have learned to date, and more when it comes to eliminating the junk stocks and selecting the best stocks based on the integration of the software to make it a breeze for new stock traders to join the circle and trade like a pro without complex industry terms.

Below are a list of rules that I sort of realized as the trainer Fabian Lim talked shared with us on how the software was designed to do and help the traders have a easier life in trading.

1. Win Big, Lose Small

2. Know your own Risk Appetite

3. Be disciplined enough to follow the guidelines given

4. Never be greedy

5. Don’t invest in good investments, invest in excellent investment products.

6. Don’t go against the wave/tide (trend)

7. Rely only on tested proven methods, not untested.

8. Protect your profits against potential losses

9. Don’t get into a relationship with your investments > which could cloud and color business decisions

10. Monitor your investments and make adjustments accordingly to make intelligent to predict and protect against fluctuation beyond your control

Disclaimer: Majority of the rules above are based on what I personally think that would be helpful and are in no way taught during the training.

Use the rules at your own risk!!

Popularity: 3% [?]

August-24-11

The Difficulty Of Wealth Creation

posted by ryan

Wealth Creation Compass Image

Wealth creation is actually very simple by just following step-by-step instructions, but it is never easily for a start as many people will tell you this.

Over my course of working, following my mentor, I was fortunate to witness the transformation and growth of how a profitable business help shape a millionaire. And from a millionaire, the rate of change at which the transformation was simply much faster than the climb up to the millionaire status.

The speed at which the business and the individual grows is minimally three times faster based on my humble one-sided observation.

What I have noticed during the process is that most people at the start of a journey is the most important step, without the correct mindset, 95 percent of the individuals will immediately drop out of the race after an effective period of 1 month.

Drop out reasons simply due to inability to do exactly as what they are told to do. In short- it is doing nothing.

Out of the remaining 5 percent, 3 percent will drop out after the third month. The last 2 percent, will have their success and failure confirmed after the 1st year of trying to do follow through what is taught and doing exactly as what they are told to do so. 1 percent out of the 2 percent will succeed either with profit or results, while the other 1 percent will again be eliminated due to failure to find their own compass, a direction whereby they know what to do, how to profit, and when to grow and multiply the profit accordingly.

Drop out reasons for the last 4 percent over the period of 1st year is simply due to greed, trying to follow and adopt multiple sources of income by signing up with more courses without even succeeding in any of the course yet and moving onto the next course, resulting in lost of focus, when there are many options for them to choose from.

The last 1 percent who made it pass the 1st year is than constantly tested and judged by on the ability to continue doing what they have being doing at least for a minimum period of 3 to 5 years without being losing focus.

What happens during the 2nd to the 5th year is the observation from potential investors, future business partners from far aside to judge if the person/entity is up to the standard of claiming to do what they peaches.

Consistency is being tested, ability to execute and deliver results is also being observed. Financial accounts of the state of both the individual (business owner), the entity as well as any employees and customers testimonials and reviews are being looked into and factored in as a consideration. Integrity, credentials, ability to defend and expand their own social sphere of influence are also being factored into.

It is only after the 5th year, that reputation has being established with deep roots (only applicable in the situation where financially sound entity).  During the 4th – 5th year, it is the networking, public relationship, bonding, and value, benefit exchange that is the focus, and being worked on, going to other businesses, helping each other grow, and sharing the money sources from the same pool of client database.

By sharing the money source, than are they able to tap onto each others database of qualified clients therefore increasing their sales closing by speaking to the right people with deep wallets.

Yes they do share their resources, as these type of qualified clients are more than willing to pay the following month, so that means the clients funds will never be exhausted. Unlike the poor where they keep all the secrets and money to themselves, thus their wealth can never out-grow that of a wealthy individual who has worked with other successful individuals.

In the absence of financial results, what’s left is respect with a strong aura surrounded with fear. For attempting to challenge a tested proven candidate will leave any newbies challengers worn out and reputation lost over their arrogance and inability to protect and proof their claims to validate with facts. (This comes not from theory but from actual experience of fending off a direct selling forum [under same user name for past 6 years] that i successfully eliminated every single one of the users who posted false, misleading, confusing information in attempt to source for leads.)

Now, even as i leave the forum to let newbies start their own threads without me posting inside the hard truth, leaving rooms for them to learn on their own, the other users are already smart and educated enough to even ignore the new threads knowingly that my thread is the only tested and proven source of information that they can trust with examples of facts to back my claims.

Moving on, and continuing on the 95% failure mentioned earlier, there are tons of reasons why the casualty rate is that high, due to the majority poor, but highly influence factor that clouds, and sway the shaky individual back to the tested to fail model of study hard and work hard model, only to complain later when they grow older “if only I had a choice back than” those type of excuse to save their pride and ego in front of the younger kids and like-minded friends.

The reason causing the extremely high failure has its roots deep rooted from birth, it’s part of our genes to copy, and indeed majority of all man-kind copied, copying the majority, seeing, listening, and doing exactly what they are doing. Thus the majority are poor, and the minority are rich, insanely rich based on the top 20 percent of the population of each respective countries.

To start generating wealth, first all of us have to break away from our genetic system, copying the majority, and start following the minority of individuals with tested proven successful model without even question nor even think. Just do as you are told first, get results than ask later, only when you start making money, than allocate a little portion out to test models that previously you wanted but rejected by your mentors and coaches, than will you thank them for rejecting you straight in the face.

The worst ever irony of wealth creation is that while successful millionaires share they secrets openly via workshops and seminars, the poor still think they are smarter and refuse to obey and follow the what is being told.

The rich’s rule is: Follow the money.

The poor’s rule is: Follow the crowd (majority). Thus most remain poor even if they are taught how to succeed. They failed mentally before even they started.

In a nut-shell: Always ask yourself this question when you are in doubt and denial of unable to move on towards doing a route less traveled.

That question is: Majority Rich or Minority Rich.

That answer will be the guide and financial compass to show you the route you should take.

Remember this take away: All of us have a choice to be either rich or poor and whom you listen to.

Popularity: 1% [?]

rags to riches picture

There are over six billions of people all over the world in different countries who wants to be successful and get rich, never to worry about their three meals a day for themselves and their family at least, but majority of the population all failed in achieving what they wanted.

The picture speaks for itself, as poor individuals dream and think about getting rich and successful, their first obstacle is always about money, and money woes such as loans, repayments, mortgage, forced liquidation issues surface shortly after and the business venture, or project faces lack of funds and folds itself.

There are some basic money management principles that at least eighty-percent of the individuals do not even understand, thus they always take a fall and get in a much worse condition than they had started.

Below are some simple principles that majority purposely turn their backs to, refusing to accept facts thus they never get rich permanently.

1. Money is nothing, it is just a tool. (Do not ever fall in love with money)

2. Money cannot buy relationships, creditability, trustworthiness, reputation, bonding, respect and happiness. These are intangible assets that money can never buy. (If you ever ignore this, you will never succeed)

3. Money cannot guarantee anyone success, but it sure can guarantee failures if not managed properly, just turn to annual business bankruptcy statistics if you ever need one.

4. Money management skills must be learned and put to the right use, thus allowing the person to grow and multiply wealth buckets of money positively. You do not need even a diploma, just a simple basic accounting or financial knowledge from O levels, if not minimally always ensure there are more profits than the amount of losses (expenses incurred). Such is the success formula at its simplest understanding.

5. Money is nothing more than an indicator of an individual if they are doing the correct things when it comes to money management. Business entities, top Forbes billionaires like Warren Buffett, Bill Gates gives money away to charity but find that they can never ever give out the money they have. That is a reflection of individuals doing the right things, and we should follow such examples so we can one day be like them.

6. Money is nothing more than a catalyst to speed up certain relationships and foster good relationship, with time, building trust, creditability, reputation based on the networks, connections of influential individuals and business partners to get things done right, smoothly and faster than the others. The first person or entity who correctly completes the task gets the reward.

7. Money is just a result, and consequence of doing all the right things, like having the right formula by mixing the right ingredients in a laboratory to come up with a specific predicted result.

8. To make money, it is always about the process, and not the results.

The rich and successful individuals, businesses always focus and are willing to recruit talents who have failed multiple times, people with such experience have the answers to the right formula, the results of a certain position in any particular niche reflects the truth, and that is why talents are always in demand, something that is always in with limited supply thus high demand as they have already found a proven formula that works and it is what companies and wealthy individuals are after theoretically speaking, and they are successful only because they question every single detail no matter how small and harmless if may appear on the surface. It is only after they have acquired the best talents than only can they talk and ask for results that they hire for high pay.

The poor on the other hand focus only on the results and not on the process, thus it puts them at a huge disadvantage. Because such individuals and entities never know what are the tested, proven formula, they just grab anything and everything that helps them even if it is against the law, that is why scams are everywhere, and many individuals never question how the money is made, so they care only about the immediate gains and not at the long term perspective, which is what the successful individuals are after. That’s why the Madoff investment scandal affected many large successful enterprises too as well.

Stick to the eight principles of basic money management and you will find the path towards making money and multiplying your buckets of wealth with ease.

Popularity: 2% [?]

July-15-11

Benefits Of Business

posted by ryan

Benefits Of Business Picture

 

Business is actually a must learn for everybody these days.

Below are the various reasons:

1. It teach us financial accounting, how to deal with money.

2. Selecting and choosing the right people to befriend, so as not to hang out with bad company.

3. Learning prioritizing, differentiating the important tasks from the unproductive, low importance tasks. >> Helps in determine which ones makes us $

4. Forces us to value integrity, honesty vital to any business if we want to make profits >> Shaping a better person

5. Good planning. Helps individuals involved to think long-term, plan ahead and having back-up plans in case the first plan fails you.

6. Happiness >> If we succeed, we share the success by spreading happiness to the people around us, that said, more quality time will be spend with family, friends and love ones, against those employees working over time, making ends meets and still in difficulty.

7. Protection. By which, you learn over time, how to protect yourself, your entity, reputation, products, services from being badmouth, information patent rights, what you should earn, you fight for it. Something that not many adults and parents will teach their kids, yet it is a must learn for those who engage in business regardless of what their markets are.

i am still in the process of learning, continuous upgrading is the only way up. If you want to climb up the ranks, start learning more about business.

Business don’t fail. People fail.

Success is not guaranteed, but without learning guarantees failure.

Popularity: 1% [?]

July-12-11

Difficulty

posted by ryan

Difficulty Image

Difficulty is either the state or condition of being difficult. It is a task that requires commitment, concentration and determination in order to overcome the difficulty of completing a task dedicated to us from our superiors or parents with our interest at heart to grow up stronger, better even under pressure.

Nothing is easy in the world. even cooking, something that is so simple, but it is never easy, because starters often find it very difficult because of a few common mistakes of doing the wrong steps without proper techniques nor guidance thus they will either end up with cut fingers, if not burnt food when attempting to deep fry it, or end up with extremely salty food. Only those who learn the techniques from master chefs are able to come up with a pleasing dish to serve in a restaurant. Those who didn’t do a good job however still can sell, but they sell it cheaper, and to provide convenience to the customers rather than customers preferred choice, which differentiates between the good, average and bad.

Studying is just as difficult, only the top students will get the opportunities to choose the subjects they want to study and continue their education, whereas the average and below average students just take up any advance education that helps push them forward just not to be left behind, despite taking up a subject that he/she may not like.

Making money is the same, it is simple, as long as they learn the secret techniques, but majority choose not to, by working and doing it their own way, they work before they have to, not because they choose to. If making huge sums of money requires the same level of effort, commitment, perseverance as earning mere  sufficient money to meet daily requirement and fulfill basic needs, I see no difference in adding just a little bit more effort in learning how to earn huge amounts of money many times over the basic salary for a better living standards.

Even finding your other half is difficult, no, it is extremely difficult to find the ideal half, who will not have you regret your decision and end up in divorce few years later. It is easy to get married, but it is difficult to maintain a blissful, happy marriage till the end of life.

Sometimes, I can’t help but wonder, who are the really lazy people and who are the hardworking individuals.

95% of the people might think that hardworking individuals earn the most while lazy people earn the least, but the reality is completely reversed if you were to think about it carefully.

Rich people work so little, yet earn so much. (Laziness)

Poor people work so hard, work such long hours yet earn so little. (Hardworking)

Now ask yourself, how many times have you kept working and working, expecting to earn the same amount, restarting your efforts on a daily basis without compounding your efforts and earn more on a daily basis?

Actually work should be just like the way banks pay interest. If we know how to compound our work efforts, and multiply the results yet reducing the physical work require, that is real laziness, for lazy people are intelligent individuals, they use their brains, and not their body.

On the other hand, look at the poor employees, which I in the past used to be one, but is in the midst of conversion, slowly but surely. They work so hard, overwork, underpaid, complaint so little, yet earn so little.

The rich complaint about everything they don’t like, yet earn money from their complaints.

Perhaps this is the first time you even heard of this fact, but it is one way whereby the rich makes money, but complaining to the business owner, service provider that it isn’t up to their expected level of service standards, they get complimentary meals, lodging, gifts, and even free products.

Those really intelligent complain and make tons of money, from which by finding fault with some businesses, ensuring that only they have the instant solution, sell the solution to the business owner/operator and make a profit by helping other business prosper.

That’s the difference between positive and negative complaints.

Earning money is simple but it is never easy, as long as you know what techniques to use, you’ll get the hang of it in no time. Just get the basics right.

Everything that we do is in fact difficult, so if we are always facing difficulty, why not instead learn to be lazy instead of being hardworking? Think about it.

If you want to succeed, learn to start using your brains, so you can work hard and play hard. “You don’t need to be smart, you just need to hire people who are smarter than you. If you get it, great, if you don’t best of luck!”

If you want to fail, continue doing what you are doing without making any change to you daily routine of study hard, work hard.

If you want to fail faster, do nothing.

Everything in life are meant to be difficult, just so that the rewards are sweeter and justify the effort and commitment put in.

Popularity: 1% [?]

July-7-11

Stagnant

posted by ryan

Stagnant Water

Stagnant is the commonly used to describe sluggish economy, water that does not have any activity, movement, still water that emits an unpleasant smell favorable for mosquitoes as breeding ground to harm people as they spread diseases such as dengue fever around.

It can also be used to describe people, thinking, thoughts, and even movement, something that is not developing, inactivity that brings nothing but harm. Even our body is growing, replacing old cells with new ones.

If our thoughts, brains remains inactive, it means that our thoughts are getting stagnant, emitting a odorless trouble that’s most people might not detect or will ignore it think it as relaxing, resting for insipritations.

A brain that doesn’t thinks creatively, helps solve problems, will only spell trouble and complicate things.

Look at the poor, how long have they majority of the poor like minded change their thoughts from the standard saying: Study hard, work hard? This saying has being circling around the poor people’s mind infesting our brains to the core that it is already rotten, to which they can only remain poor.

Look at the rich on the other hand, they continue to get rich, with new technology, trying, testing anything and everything on a daily, weekly, monthly, quarterly if not annual basis for better methods, formulas to improve their performance, results, efficiency and lower business operating expenses, while coming up with newer ways of growing their sales, profits in whatever way possible.

That is a fact that poor people have stagnant minds, brains that does not developed, even if they do, developing at a pace slower than first generation computer, while the rich people’s minds are constantly evolving like how fast the Microsoft and 3G Mobile phone applications are surfacing..at quite a fast speed..

To remain in motion, never be motionless, and get in pace with the fastest, if not faster group of people who are always on the move. Tagging behind such people gives you advantage over the rest who are not improving themselves for the better, thus they already complain of the same problem, money not enough, without thinking why they can never escape from this problem. It is chained to their brains already.

I only realized this few days back, when I kept asking myself why did my second internet marketing project was a failure to date, until the answer pop up in my brain..that’s because I simply stopped moving forward..thus the results stopped, I got demoralized and yeah, the rest is history..

Having realizing my mistake, linking up the dots, triangles of positive negative thoughts, solutions and alternative back up plans, it is now clearer than ever.

Poor people have stagnant minds, while rich people are always on the move, never stopping which explains why they are rich. Just ask yourself, why do MNC grow so fast and so huge? Because they have multiple factories, plants all over the world, running twenty-four hours seven days a week. Even if in a country, it is closed on due to public holidays, the other countries’ operations, business are still running, so while there may experience minor drop in profit over public holidays, the poor on the other hand completely stopped their own source of income, by not working.

Such is a simple reason why the rich get richer.

Popularity: 2% [?]

June-29-11

Risk

posted by ryan

Everything that we do on a daily basis carries a certain amount of risk regardless of it being big or small, it is unavoidable.

As we eat, sleep, exercise, we are at risk of falling down with potential bone fractures based on age differences.

In school, relationship and in business, the risk is somewhat different.

At school, those who failed in getting good results are being looked down and sent to under performing schools with lower expectations and chance of getting higher salary as compared to those with higher qualifications.

In relationship, it depends on how a person conducts him or herself, if he/she fails to behave properly, news gossips will spread and before you know it, you might be the talk of the day and perhaps being figured on the news for unwanted reasons.

In business, it is more much, as there is a saying, no risk no gain, everything that involves business carries different scale of risk of loss of investment due to reach individual’s risk appetite, but those are limited to only traditional business.

Information and internet technology based business online carries little if not zero risk and thus are excellent for new business starters who wants to learn how to do business without carrying any risk. Majority of such businesses all comes with 30 if not 60 days money back guarantee, and that is considered quite common now a days, and is considered a industry practice.

It is only financially smart to get involved in businesses with zero risk with higher chances of profits. Such opportunities are better than direct selling as recommend by many well known business investors and owners. It may sound like too good to be true, but it is considered a common business practice in internet business niche.

There is a saying in investing: The higher the risk, the higher the returns. For business, it is “The lowest the risk, the higher the returns” That is why most successful business owners and investors have their own strategies on greatly minimizing risk to the lowest as compared to ordinary civilians who knows little to nothing about risk management.

The rich success comes for the correct application of knowledge while the poor remains poor if not poorer due to lack of financial knowledge nor do they seek any professional help to grow their wealth, only parking it in banks thus they can never grow their savings into wealth.

Speaking about risk management, I just found a online video that I find it quite useful for those who seek low business risk and think it is worth a try.

It’s about a person showing the secrets to making money online with real account verification by logging in during the video recording.I’m not so sure about you, but maybe you can check out the internet business and decide for yourself if you want to give it a try since it’s comes with money back guarantee, something that offline traditional business would not even consider giving. Check it out for yourself.

Popularity: 1% [?]

June-17-11

School

posted by ryan

School Image

School is said to be the place whereby majority of the people get to learn knowledge and pick up new skills vital required for independence when a person reaches a certain age.

School is not only a place but just one of the many sources whereby knowledge are being passed down and practiced. Only those who really knows the importance and cherish what was imparted to them will have a taste of success in small amounts when they are still learning.

Knowledge need not be taught only in schools, but also in private courses, from a group of company, like-minded peers, friends and colleges.

School is like a specialized place whereby an individual decides which course, and future is suited for him or her before starting education in the school.

Majority of the students who graduate from any school both locally and globally end up working as employees instead of being an employer if not an entrepreneur is because of a few reasons when they made foolish decisions when choosing the school that they want to learn from.

Stupid reasons are as follows:

1. Following your common group of friends to study in the same school.
2. Wanting to have more chances to meet and hook up with either a fellow student or senior in a particular course (following their idol).
3. Selecting a course based on the prospects (guaranteed immediate income upon graduation)
4. Not knowing what to choose, just obey parents orders, get into any school, as long as can upgrade qualification will do
5. Not to be left behind, refusing to retain due to poor results, want to be on the same pace with your peers.

Those are the few reasons that i can think of, if not heard from other people’s conversation (people who spoke loudly on public transport) and in news reports.

That is why most people failed in the long term, and which is why there is such a term as job-hopping, and career switch when students become adults and they realize their mistakes of poor decision making and for having wasted precious time during youth for making poor if not wrong decisions.

Only to regret and relearn by signing up with private courses after work to catch up, and not repeat the same mistakes again.

It goes to show that a wrong first step (decision) will lead to many wrong steps following which. In short, one wrong leads to more wrong.

On the contrary, look at all the bright, top results students, why and how did they manage to score top grade?

Time after time, proven tested, and never wrong, the replies are the same. Those top scorers have a clear goal, course, and future that they want to pursue, thus they work damn hard to get to where they are when results are released, such is a clear reflection of even working society, where 99 percent of the people either studying or working and even parenting kids don’t have a clear idea on why they are doing this and that for what reasons and if they are doing it just to be normal (herding behavior – which is normal of not wanting to be left out) versus those 1 percent of the top students who know exactly where, when, how, and what is required for them to secure the slot for the course that they want.

With a clear goal, knowing the entry qualifications, and fighting their efforts to get in, that’s what schools are actually built for, to impart knowledge to those who really want it, and not for people who just go through the process without asking what is it that they really want and if the future of graduating with that certification of a specific field is what they like.

A parent’s wrong decision, pushing a children to study in schools just for face, ego and pride to bring up the family status at their own children’s expense of bright prospects, by forcing them to study stuffs that they don’t like.

There’s too much of a nasty consequences already out there, but there is however one extreme positive result from this if the child learns to fully utilize what they have learn and put it to good use. That brilliant example will be Jay Chou, who was actually forced by his mom to study all the different music instruments against his will. But luckily, he managed to find a good mentor – Jacky Wu who gave him a excellent opportunity to showcase his talents, and showed him the ropes to the music industry.

To sum up, you can learn anything you want, even if it is being forced upon you. You can succeed as long as you know how to utilize the knowledge to your benefits, and finding a mentor who will show you the ropes coupled with his excellent strong knowledge of music contributing to his success, which is why he named one of his early albums after his mother.

Why people fail even after education is due to the fact they don’t know how to use their knowledge to their advance. Being intelligent isn’t enough, you will have to be street-smart.

Popularity: 1% [?]

June-15-11

Learning

posted by ryan

Learning Pyramid image

Learning is to pick up and modify  new knowledge, skills, values in order to combine any useful information for better decision making in life.

It is a widely practiced and recommended by many professionals, businessmen, educators and even parents.

Yet they are very much limited and restricted by the very education and information that are supposed to help them achieve better results and performance towards success.

There’s a saying “The more you learn, the more you realize what you don’t know” Many people are taught that the more they learn, the higher their possibility of success, but they are blocked by the very fact that they need to apply what they have learn into real life.

Information acquired are meant for get better results in their related field of interest. But majority of the people think that they can have shortcuts by learning all the theory first by studying all the way up to a university before working. That actually creates a stumbling block that restricts them from moving forward.

For highly educated individuals thinks they are well educated, and must be compensated for their qualification, thus unwillingness to work from the basic of entry level occupations meant for the lower or uneducated individuals. Yet the sad but realistic fact is that most people who succeed in making it big are people who are less educated, and it is those who who in turn hiring those much higher educated individuals.

Knowledge and skills are meant people proceed faster and offer convenience to the people who possess them, to help instead of blocking. But not many people actually know how and when to apply their knowledge and turn them into profits and help more people. Thus it is the only few creative businessmen who knows how to utilize their knowledge and expertise to the fullest.

The key to wealth and being rich is to first learn how to utilize the knowledge imparted to individuals and use it to benefit more people in exchange for a profit as long as they comply with the guidelines and rules of doing business.

The people who are rich are successful because they are academic intelligent, but because they are selfless by sharing the information, and repeating do the same instructions until they achieve greater results by accumulating small profit and duplicate it many folds to gather sufficient profit to become wealthy.

That is the simplicity of doing a franchise system. Success if not original, it is nothing more than copying, modeling and improvising to come up with better newer solutions to reduce time, expenses, and increase profitability thus they are rich because they know how to utilize the knowledge, not by blindly keeping it to themselves.

Popularity: 1% [?]

June-12-11

Teacher

posted by ryan

Parent Teacher Image

A teacher is an individual who facilitates the education to a person if not to a group of students in either a tuition center or in a school environment.

While parents are frequently looked up as the person in charged of educating the children entrusted to them by their parents who are paying the school for a service offered, it is still up to the parents themselves to be a role model which children can learn from.

For a teacher only has limited teaching hours with students unlike parents who have unlimited and considered much longer hours with their own children.

Depending on what you aspire to be, each and every one of us should find the correct teacher who will in turn teach and impart us the skills, knowledge required for us to move forward and achieve success in life.

But most people, both students regardless of children or parents failed to accept the fact that the education that parents pay for in terms of academic education is only of little importance, for they only lay the basic elementary standards to communicate, listen, present and be understood.

For people who think that academic education can guarantee success, think again, and ask yourself who are the top of the rich list in the Forbes.They are all males and also doing businesses catering to different demands, and providing business solutions.

To succeed, it is not possible to expect to succeed with a degree certification and climb your way up to success. In fact, it is creativity, stubbornness, persistence in being the best that you can be at whatever you do that makes you stand out from the rest.

It is not what you study that makes you rich and successful, but rather the courage, and determination to stick with your decision and take whatever it cost to make it a success. That in short is what all businessmen do, despite all failures, just finding coming up with nothing but solutions to problems and duplicate whatever that works and grow the business without limiting themselves to a fixed answer.

You don’t need a definite answer, nor is there any to begin with. Success is unlike education, where there are rules, formulas, and answers to follow. It is like a constantly moving target that is difficult to hit the bulls eye, thus most of the wealth belongs onto to the top twenty percent of the population across the globe.

The best use of learning from a teacher is in fact to learn from them the already tested and proven answer of what will lead you towards nothing but failure in life if you aspire to be broke in your lifetime. They show you the tested way how not to be rich, overworked, underpaid, and most importantly, not being in control f their own life.

Just look at some of the occupations such as parents, lawyers, doctors, policemen, auditors, accountants, teachers, engineers, regular employees, your superiors who complain everything under the sun, lack of flexible working hours desirable to start a family, ever increasing workload without pay increment that is on-par with the work involved. Such is the life if you choose to listen to what they advice you to do, by following their footsteps, the path towards being average.

On the other hand, you should in fact thank the employees who are complaining about their work, life and everything, the more you get to know and learn about how unhappy they are, the better and clearer it is to you. Why, because they already told you steps that does not lead in a conclusive answer or prospect that you are looking for.

Find a role model who already is and currently living the live that you want, and learn from them, make them your teacher if you want to succeed.

Just find a right teacher, and most importantly, be a good student, follow and obey all rules, set out by the teacher, experience and failure are your best teacher for they clearly tell you what is not working so you can faster come up with a solution to make things work. Thus the shortcut towards success is to learn and tap on people’s experience, find out what went wrong with the approach that your seniors are doing, and modify it with a better solution to come up with a better results.

Listen attentively to people’s complain, but try to provide them with a solution to reduce their problems, at a profit, this way you make money.

Popularity: 1% [?]