- Brokers Report: Scientex - Expansion Plans Progressing Well
- Market Daily Report: KLCI ends higher in tandem with regional markets
- Brokers Report: Tenaga - Again Taking Over Another IPP - Track 4A
- Market Daily Report: KLCI up with US stocks as Malaysian earnings trickle in
- Market Daily Report: Malaysian stocks stay weak as US bombing in Afghan soured investors' appetite
Tuesday, April 8, 2008
the right mentality
The right mentality needed for the "BIG BUCKS" to arrive is necessary.
I was talking to a salesperson about his career and really, now is the time of his life where he is earning 5 figure salaries....much more than me (giving tuition is kinda limited with me still having to go through my studies) but surprisingly he is saving far less than me.
I knew probably it was the lifestyle of his that made his savings limited....Clubbing, yum cha, and all sort of activities took up his hard earned income. In the long run, he will be running out of "steam"earlier than many people who earn only 2k a month. Simply because he was not thinking far ahead enough.
I watched a barber nearby my house cut hair for my brother. It was not a profession that will make big buck all the more in my housing area. But this man has so much determination to do what he knows best....cutting hairs. And it is almost everyday that he open his shop from morning til night. (one of the most hardworking barber I have seen.) While he might not be as intelligent as an engineer or a teacher, he has the right mentality to make enough for him and his family, which is probably why his shop lasted far longer than those others that existed before his.
Getting to your gold pot before you're too old to use any of it....sounds familiar to you? Everyone understand the theory but the difficult part is starting to work towards it.
Sometimes people wonder why billionaires can make it to where they are....and it was really not just counting on lucks alone.
These people spent endless time thinking about improving what they have and really, it was hardwork and strong determination that put these people into the place where they are.
My brother posted a blog about becoming a millionaire by 28. While 3 years seem like a short distance to achieve that, I have strong beliefs that it is possible. (if there is a strong determination and beliefs in doing so, he will make it more than he is aiming at.)
While many people would want to talk about being realistic, I definitely understand it....we need to see beyond that short 3 years as well. The idea of being patience enough to wait for the right timing and opportunity are also vital into making it BIG before the $$ become useless for us.
Even at 20, I'm seeing many opening opportunities for me to enroll and pursue my career. Every fields are capable of producing "millionaires"...the question is how much determination and hardwork are there?
I had a teacher in my school who is earning 5 figures salary and really, it all seem so unbelievable for a teacher to do that...and yet he is capable of that and he has so much more extra time left. (That is the advantage of teachers)
And not to forget to mention of the Moven Peak's boss who started his career of as a waiter....and now he's earning more than some of his graduates friends.
The whole idea of becoming rich is captivating to some, while others view it as a "sinful thoughts" but I felt that there really need to be a right mentality to strike a proper balance....to be earning more daily while at the same time not obsessive with the money.
The right mentality is necessary. The young billionaire, Zuckerberg, creater of FACEBOOK has not just wait for people to use the networking system....the idea of FACeBOOK very much the same as FRIENDSTER but why is it so that some make billions and the other not.
The difference is simple....a thoughtful perspectives towards the demands of others...learning to understand others and not be a servant to MONEY.
Too many people work for money alone, not knowing that money is suppose to be the servant of theirs and not the other way round. While I understand that some people need to work hard 24/7 to be achieving to where they are, it is so much of a waste that we denied the most important element in life, relationship with one another.
It's all about having the balance between making money, investing and relationship....none of it can be separated from the other. A friend of mine has never work, even now after his STPM exam....he had a lot at home but the question is that he lose out something valuable that I have learned...experience.
So it is all about having the right perspective...the right frame to look at the world.