Ryan Ho's Entrepreneurship Blog

Behind my thoughts and processes on becoming an entrepreneur

March-9-10

Conception

posted by ryan

Conception is the act of conceiving, the state of being conceived, to form an idea of something, it is the fusion of gametes to produce new organism of the same species.

The word conception comes from the word concept which is an idea which was either passed to us via learning or what we picked up as we grow and learn from experience.

The most common concept, idea about wealth and success is that “Money is the root of all evil”. I am sure most people would have heard of this concept at least once in their lives.

Like I said in previous blog entry, money is a double edge sword, and it is and can be anything except evil.

The root of evil comes not from money but comes directly from the beholder of money also known as the person who desires for great wealth, fast cash, quick cash, instant cash that contributes to this concept of money is the root of all evil, but those who think that money is evil didn’t even at once look around themselves and understand the many different uses of money in the society and all over the world.

Money being used to commit crimes is just a small minority uses compared to the businessmen, entrepreneurs use of money for other purposes.

Money is conceived by many different channels, and we definitely can grow our money with the right choice of vehicles chosen, and the most discussed and widely used way is not the best way which is to throw and trust your hard earn money to the banks, insurances and let them do what they want with your money in return for peanuts.

You should instead grow your money; invest in instruments which can help you grow your money. By investing in a person, property, or business, the person, asset or business will be the vehicle that will help you grow your money, in a way giving birth to more money like a money tree with ripe

That is the real definition of growing your money, instead of buy and spending your income, which typically goes like this “pay bills, spend & enjoy, save the remaining” on a monthly basis.

Instead it should be “pay off bills, invest a portion, save a portion for raining days than spend the remaining to entertainment”.

I am sure this is so simple for anybody to apply that no body will need to even pay or engage a financial or wealth manger to help you with money management.

It is actually a extremely simple common knowledge that poor thinking people often complicate things and ask questions that only complicate and worsen any simple problem thus thinking it is extremely difficult.

If that’s the issue you are having now, go read up on Singapore history, do our forefathers after WWII have problems with starting their own street business in Chinatown and in other areas?

Learn from history and ask your elders, stick to the basics and it will save you lots of money.

You do not need to be intelligent to grow your money; you just need basic common sense.

Keep it simple, and love what you are doing, this way you will succeed.

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