Tiger Woods the first billionaire athletic who is now back to a multi millionaire thanks to his scandals.

The scandals and his wife have one thing in common, ladies. From the start of the scandal, his wife chasing after Woods with a golf club which caused Woods to crash a fire hydrant and sent to hospital which lead to a sex scandal which involves numerous number of women from different professions.

Woods can become a billionaire is due to his ability to market himself and his skill and not discounting the fact that he knows how to manage his wealth. To become a wealthy successful person, one must learn basic accounting knowledge which is essential and the fundamentals are same on money management.

Considering the zeros differences, there will be slight difference in how money is being managed to grow the money instead of losing money. Yesterday in Straits Time, Woods was labeled as a Cheapskate by one of the ladies associated in the Tiger Woods scandal for only buying her a sandwich and not to provide for her financially.

With regards to that, I am in full support of how Woods managed his financial statements and looking at the profit and loss statement on anything and he is a good accountant himself to manage it well as a matter of fact.

By not providing for the lady financially, it is simple investment knowledge not to invest in a losing property or entity which will only drain your money away like a leaking tap or a faulty water dam depending on the number of zeros investors are talking about.

Providing financially for that lady not only will incur losses in short, mid and even long term.

Short term, the lady’s appetite for financial support will burn a hole.

Mid term will be that the profit and loss statement is going from blue to red tabs and it gets only darker blood red.

Long term is due to the business implications on the brand of Tiger Woods picking up the bills for another lady who is not his wife which will lead to companies losing trust and withdrawing from Woods earlier than expected if he did the wrong choice of providing financially for that lady.

On the other hand, Woods have being paying millions to hope savage his relationship with his wife, Elin Nordegren is a smart choice which has short, mid and long term benefits.

Short term is that he increases his own relationship bonding and trust among his friends, relatives and business partners as a complete model family and as somebody to look up to. With a family as emotional support, he can easily discount the work stress and replace it with family love, support plus care and concern which has immediate benefits.

Mid term is that with a complete family image, businesses will want to associate themselves with people who are already successful themselves and are setting a good role model example for the majority. To top things up, he is a expert marketer himself in his golf skills on top of a blissful supportive family prior to the scandal broke out. Combining both role models and his marketing skills of himself, he opens up new invitations for appearance which is his residual income source.

Long term benefits are tied together with business endorsements, representing various brands for their prestige, creditability and association with somebody trustworthy which is long term passive income for doing absolutely nothing. All that Woods needs to do is to behave himself which he did until the scandal broke out.

Financial management requires a basic understanding of accounting and the ability to foresee short to long term benefits before venturing into any investments, which includes in providing financially for ladies in this case study.

If you want to get rich, start first by learning how to better manage your money without professional assistance.

“It is easy to have principles when you are rich. The important thing is to have principles when you are poor” – Ray Kroc

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Upgrade is a replacement of a product with a newer version of the same product. It is handed out as a reward for completed a task, an assignment, for a successful project.

With new upgrades, more features, user experience more benefits and cut down on time processes which may not have being possible without a new upgrade of product.

While everybody upgrades, there is one crucial element of upgrade process which majority of the people failed to upgrade which caused them to be caught up in a fix income range unable to increase or grow their income even if they change employment to a higher paying job, and they are still is unable to save money or save up enough capital for investments to grow their money.

In a product upgrading process; example a technology hardware; computer or notebook, for it to have better audio, visual graphics, faster batter performance and durability of power with longer use in battery mode, all these features requires upgrading of existing core supporting chips and processors inside the hardware so as to support a new upgraded product. Upgrading of chips and processors are the core backbone and what is required for a new graduated product to function well without breaking down halfway.

Without the backbone supporting the newly upgraded and enhanced products, there is no way a new product without core backbone upgrade will even work or last due to lack of primary support system. This is exactly the situation which I see not only in Singapore but all over the world, this is a global problem which needs to be addressed. This is the crux of the problem which it seems impossible to take the leap of faith and jump from rags to riches.

People who want to grow their wealth should first upgrade their own mind, throwing away counter-productive information stored inside their heads and replacing it with new information which will assist them in growing their money and wealth.

It is equivalent to trying to put a Formula One race car engine into a normal civilian car not meant for racing; the engine just doesn’t fit into the car body. Because of the vast difference in the support, tuning, size and many other parts needed to support a Formula One race car engine, a civilian car cannot support the engine nor can it even accommodate the engine, thus it will not even move forward.

It is the same in people. As we seek growth, we need mental growth and upgrades as well, without it, we will not be able to have the necessary skills to management finances, and property issues which will definitely help increase our money and wealth.

Look at lawyers, financial, insurance and property agents, they understand this fact, thus they went on to learn whatever is required to help them better managed their financial statements, accounts which will have a positive effect on their bill statement if done correctly.

It is precisely this issue with majority of the poor people that cause them themselves to be in the poor social class, the reluctance of self-upgrade, thinking that the rich always wants to trick them into believing what they think is evil.

In fact, to get rich, it is a necessity to be brainwashed inside out, but done correctly, you will be able to think and analyze stuffs like how I think right now. Read my previous blog entries and see the difference in how you and I think.

The difference in thinking and perspective is what determines a successful and a failure including some other factors. Get somebody to brainwash your mind positively, and it doesn’t even cost you a single penny, if you want to save money, just read and follow my blog for FREE POSITIVE BRAINWASHING of yourself.

You may be upgrading your own technology gadgets, home, but are you upgrading your own mental thoughts to better equip yourself with the abilities and knowledge to manage your own money and wealth? If you want to learn how, read my blog and ask questions.

Put on your thinking cap!!

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Growth is a constant which we experience everyday and every second.

It refers to an increase in quantity over time which can be physical or abstract. It is the gradual increase and the act of process.

Man, animals insects and living organisms are growing every second and growing positively, but why are there so many people who seek growth negatively?

With growth, comes wealth, following closely behind will be success and power. We grow up wiser and smarter with time and it is a gradual process.

Are people really growing positively or negatively?

Wealthy and successful people are doing it correctly but the poor are totally learning, embracing teachings, education which is completely wrong thus the negative growth into debts, problems, and requesting for help and assistance.

Look at those who are educating the poor, people should learn from their elders, follow what they are doing and not doing what they are telling.

Elders refer to the government, politicians, even terrorists who are guiding and telling their followers what to do. They are getting rich (but not wealthy and successful), so to get rich, we need to do what they are doing, instead of doing things which they tell us to do, which are things that they are not doing it themselves.

If you want to get rich, copy what the rich is doing, do not do what they are not doing. It is a simple recipe to duplicate success.  If you want to be wealthy and successful, get a mentor and proper coaching who can guide you in the right direction. If you find a wrong coach, you are screwed!

We all need to grow and constantly improve, not to make ourselves in worse situation. Make sure you learn from the right people.

“Are you green and growing or ripe and rotting?” – Ray Kroc, MacDonald’s Entrepreneur.

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Money can be anything that is accepted as a payment for goods, services and repayment of debts. It can be in gold, silver, or other metal pieces of convenient form stamped by public authority and issued as a medium of exchange and a measure value.

It is tool, a double edge weapon, which both the rich and poor people use for different purposes.

Rich, wealthy and successful people use it to benefit more people via charity, sponsorship, and philanthropy purposes, and not forgetting by being generous, it also helps to reduce the tax payment thus businesses never fails to donate and do their part for charity. There are so much advantages to doing charity.

Poor people on the other hand use money as a weapon, to put themselves only to more harm via what everybody knows of the lack of financial knowledge and proper financial management. It is more about understanding the basics of money management, the returns on investment which differentiates the wealthy and the poor.

Wealthy invest while poor spend their money.

Invest for growth, using money as a seed, fertilizer to grow more money trees via business acquisitions etc.

Spending money only increase the debts, liabilities and more financial woes to surface with time and encouraging of bad habits.

You don’t need to pay school fees to learn how to manage money, you just need to think right and start from the basics and go in the right direction and get the right coaching from mentors who will give you more examples on how to increase your wealth.

Coaching is only applicable to successful businessmen and not financial wealth managers who are employees who are not trained to do so, even if they are trained by banks, they are just trained to use money to roll money, but they are not trained in using little or no money to grow money.

So if you want to grow your money tree to be strong and healthy, find yourself a coach and learn from them. If you are a cheapo like me previously, just stay tune to my blog or website for more examples and understand the difference in thinking which should be able to help you get a better idea of money management without paying a single cent.

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Abandon is to leave completely; forsake utterly; dessert; to give up, discontinue and withdraw from. Most of will naturally come to think of abandon ship. It is a natural instinct of survival.

It is the most decisive decision which everyone will have to make in order for survival, especially when lives are at risk. No body will want to sink down together with the ship.

In marriage, divorce happens when either one of the party refused to give in or change the negative habit example gambling, thus most wives leave the family for a better life on her own outside resulting in broken family.

In business, partners will abandon each other in times of trouble. That is when business fall into pieces. Companies will fire any unproductive or under performing employees to reduce overheads. It is not harsh, it is just the natural law of survival, thus unemployment issue is always there in every single country without fail.

Survival is about the sacrifice of a person for the purpose of allowing more people to survive thus abandonment is always happening around us.

In the rich and poor example, especially in families, rich, wealthy and successful people isolate and distant themselves from their poor unproductive family members purely for survival, and it is not at all cruel. It’s just facts.

In the process of entrepreneurship, such people already have tried their ways to convince, and encourage their close ones to change and work hand in hand together with them, but if they always end up in disagreement and unhappiness, there is no way both parties can come to a conclusion especially when it comes to financial planning and budgeting issue, thus poor and rich will always have a clear line separating them, because of the clear distinct difference in financial knowledge and understanding.

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Disdain is to look upon or treat with contempt, despise or scorn a feeling of contempt for anything regarded as unworthy.

It is not a pleasant state of mind to look down on something, somebody or ourselves. People who do embrace disdain, are the people who are complaining of no money, money not enough, get a job work hard and get paid; those kind of mentality are what makes the majority of the population.

On the other hand, the successful and wealthy people accept themselves, and have admiration for even more successful individuals wanting to be like them, thus the rich always hangs around with one another while the poor does the same also.

People, who look down on themselves and others, are not helping themselves and instead is dragging themselves gradually into poverty social circle, restricting themselves of each of our own rightful wealth and success.

Every single one of us are winners and champions, the moment we were given lives in the womb, we were already champions because we beat the other millions of sperm and thus life was formed.

Success is not determined by birth, family, social status. If you seek success, it will be yours eventually if you work hard and are committed to doing so.

We should not listen to non-constructive comments and hang around with people who are not helping each other to improve ourselves. We should hang around with people who are honest, straight-forward with feedbacks so we can learn and improve everyday and every second.

Average people of the majority is contented with living in a unrealistic world thus they only think of study hard, work hard and get paid, depriving themselves of the possibility of success.

Think and act like a champion, and one day, you will emerge as a champion in your own niche with passion as your fuel to success.

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Female is any living organism, it can be plants, animals, reptiles or man. I will be writing about ladies in particular today as a classification.

Ladies fall into various different classifications. Virgin or non-virgin, young or old, rich or poor, all of them have got their own terms.

Young virgins are called girls usually used to describe child or adolescent. Old virgins are called maid and generally women is used to identify adult females regardless of age. (Source from Wikipedia)

Woman is a term which ladies used in the past to describe only for girls who have had sex, but these days it is no longer this way teenage girls having casual sex to satisfy their early puberty due to chemically processed food, external influences and curiosity. Instead, woman is used to describe ladies who are matured in thinking, know their priorities, and taking responsibility for their own actions unlike teenage girls.

A clearer classification of woman for themselves is that a woman who is married, with a blissful family and has given birth to a baby than only will she be considered as a completed woman. It does not stop there, in fact woman seeks to climb the ladder like males do, and thus the next higher position is to become a businesswoman.

Businesswoman is one who can excel and juggle between the differences in handling people especially the different gender communication and rapport in teambuilding. To be a leader leading a group of people is what everybody regardless of gender seeks, to be the leader of the pack.

There is another higher level and that is to become a successful businesswoman who is recognized by both genders and not just leading guys in her group with their hearts completely against a female leader. It is not gender biasness, but it is time tested and proven that guys are objective and will draw a line clearly unlike ladies who might bring their personal feelings into the business thus making a biased decision. It is in the genetics that nobody can alter but with practice, ladies can overcome this obstacle.

Carolyn Kepcher, the co-star of Donald Trump’s “The Apprentice” is the perfect example which leads me to the highest position in the corporate ladder that any woman can climb.

Successful businesswoman is a lady with a blissful family with kids (a son and a daughter), successful in business negotiation, building businesses, brings in projects and revenues for the business and is independent with the ability to be given complete authority over a business. She knows when to be the businesswoman, housewife, mother, colleague and as a friend.

All of the above are skills essential for any ladies who aspire to climb up the ladder, instead of demanding for it using the women’s charter in Singapore Law to their advantage at the expense of the company and their increase their colleagues workload (for ladies residing in Singapore) which doesn’t works in business which is why politicians and businessmen always cannot co-exist and work in partnership because their thinking is different.

If you’re a lady, and wants to learn from a successful business woman, you can read up more about Carolyn Kepcher, she has written a book “Carolyn 101: Business Lessons from The Apprentice’s Straight Shooter” with clear instructions on how she went on from employment to doing business with Donald Trump.

If you’re a guy who wants to know how to spot a potential successful businesswoman for business and other reasons etc, that book is a good choice too. It not only tells you how a woman should work like in business and also how they can work with guys, if you’re worried about the competition for the next manager position in the company, you will definitely need to read this book. In fact it is a must for you to read it so as to prepare yourself for incoming businesswoman who means business.

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Festival is an event staged by local community centers on the unique aspect of the community.

There are many types of festivals across the globe, from religious to arts, food, entertainment and seasonal festivals. The most talked about regardless of nationality will be the various religious festivals of respective countries.

Time and time again, religious festivals have being board cast on television shows numerous times and showing different types of religious cultures and festivals. Christianity and Buddhism are the most commonly featured on the media due to the yearly festival across the world.

Media telecast of religious festivals is to neither a good nor bad thing, it’s just another piece of news and allow people to get updates for people to follow up with.

Buddhism has quite a number of religious festivals that has being shown on television and in other media channels. With its deep roots and influence from all around South-East Asia, all the way from China, Japan, Korea, Taiwan, Iran, Afghanistan, India, Thailand, Laos, Vietnam, Cambodia, Sri Lanka, Myanmar and in Singapore. With different religious practice and worshiping of different gods, generally we are all from the same roots, Buddhism just that our way of celebrating festivals might deter from among ourselves.

The scale and magnitude of how a country practice their own religious goes to show how united they are actually. I’m not trying to promote any religion here, but just that I was watching a Chinese show this afternoon and it help me understand the importance of culture, generations, unity,

Celebrating festivals is good way to build bonding, unity and getting to know one another of the same belief. Example like what I watched in the show, the dragon boat festival also known as the 端午節(Duan Wu Jie) is a good way to let people among the community interact with one another.

Dragon boat festival is especially successful in this aspect. Due to the involvement of lots of people, competition among respective dragon boat teams (different communities pit against each other) thus getting to know and understand respective cultures thus encouraging mutual understanding.

With a common celebration, it is not limited to a small group but it is done a big scale. Making of the dumplings in the kitchen increase the family bonding when the cook, and the assistance on a small scale.

Within a community, the village will work towards preparation for the dragon boat festival, all the festive practice; beliefs will be passed down to the next generations with participation and involvements thus strengthening the bonding among them.

Beyond community level, they cheer each of their own community to spur each other community to fight for the dragon boat championship thus increasing the tolerance for other communities with a common goal united as one.

Organizing a festival is hard-work but the rewards far exceed the cost of the festival strengthening themselves with their own country’s identity, culture and unity.

That is something which we all can learn from, to understand each other’s religion and practice instead of condemning and trying to stir up conflicts which results in only more signs of trouble etc.

Tolerance and mutual understanding is the way which we all should work towards together as a whole. Like wise in business, instead of trying to cut each other’s throat with reducing profits, getting into a price war competition, why not work together, spilt profits, and have win-win situation?

At times, when I read and watch news and getting to know businesses trying to fight for a bigger slice, it just amuse me to know how much they lack in terms of mutual respect and cooperation.

Most businesses outside are just dumb in my personal perspective, why can’t they learn a simple thing like cooperation like the politicians, government, helping one another? Although it’s true that businesses are making much more money than politicians, but they are killing each other instead of helping one another.

Businessmen should instead learn from entrepreneurs who are successful than businessmen themselves.

Festival is the way to go, respect, tolerance, and understanding is needed to build a relationship and a mutual beneficial business for profits and not losses seeing red figures.

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Idea is something that comes to the mind before one starts to think. It often comes constructed in our minds representational images, objects; it also can come from concepts, an art piece or abstracts.

Such ideas can usually earn us lots of money if taken into application towards the right purpose and intent. People who have ideas should immediately jot down the ideas, and amplify it to become a business proposal and profit from it. Ideas are free, so monetize those ideas, everyone has brains, so make good use of the brains and make money.

Instead of using hands and hard-work to make money, why not start learning on how capitalize on our own resources, the brain for monetization?

If you are not convinced, look around you, your scope of people, and the financial situation of people around you. Are the people who are wealthy doing all the labour themselves or are they passing the workload to the employees as they work on new ideas to come up with new innovative and creative products for more profits and to capture a bigger market share?

If you don’t know of any successful people around you, the next closest people you can look to is your superior, does he/she talks more, do more sales using speech to close more deals making clients happy or does he/she does more manual labour like average employees like you and I?

The prime example that everybody will experience will be the food and beverage industry. Do you often see waiters and waitresses talk and interact with the valued regular customers more or do the supervisors and captains talk and interact with the clients more? Are you the waiter and waitress doing more hard-work labour or is the supervisor and captain doing more hard-labour?

Answer is straight-forward. To succeed, we do not need to depend on hard-labour in exchange for money, all that we need to do is to think of ideas and monetize those very ideas which often comes free of charge with the exception of those businesses paying people to comes up with ideas that it example designers etc.

Put on your thinking cap and have a notebook plus a pen by your side at all times. No ideas are stupid, you just need to refine and commercialize your ideas for profits. Make sure you protect your own ideas from theft at all times.

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Control is to exercise restraint, dominate, command and to eliminate and prevent something or someone getting out of hands. Example controlling a forest fire, restraint a dog with a dog leashes to deter it from going against the owner’s direction.

Be it wealthy or poverty, everybody needs to exercise some control in them.

People in poverty will have to exercise restraint over poor money decisions and better manage whatever resources they have for survival.

Wealthy individuals will have to control their spending as well as investments to limit their losses and increase their profits.

How to win the game and succeed is another issue, but controlling our own financial statement and knowing how to do it is important to everyone if they don’t want to live and suffer in misery filled with money woes each day and home becomes a war place.

There are lots of issues, emotions which we need to control, being successful means there are even more things to look at so if you exercise lots of control over positive things and people, you should be seeing your profits increase with time, if you’re seeing it, than it is time to relook at what are you in control of and what to give up control over so as to switch and learn what you should be controlling yourself to move forward and upwards.

Control and exercise self-restraint when needed.

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