Archives for August 2011

Personal Finance 102: What is Money Management?

Never spend your money before you have it. – Thomas Jefferson   The ability to handle our personal finance and manage our money is probably one of the important skills that only few people possess.  Majority of working adults focuses their time on how to generate money, may it be through job employment or operating business.  Commonly, many sacrifices their time, relationships and health in order to work harder and earn more money.But why is it that despite our dedication to work hard and earn high salary paychecks or business earnings, we still end up penniless and struggling with financial crisis?  How come we still don’t have enough money?  Is it because we didn’t work hard enough nor didn’t we receive well-compensated salary paychecks and business earnings?  Or is it our lack of ability to effectively manage our money and personal finance that’s causing our financial struggles?When I was young, I used to think that money was the most important thing in life.  Now … [Read more...]

The 4 Hour Work Week Review

   Focus on being productive instead of busy.  – Timothy Ferriss The book, The 4 Hour Work Week, was written by Timothy Ferriss, also known as Tim Ferriss. Tim is an American entrepreneur, investor, public speaker and author.  He was nominated as one of Fast Company’s “Most Innovative Business People of 2007”.  His book, The 4 Hour Work Week, was published in 35 countries and formed part of New York Times, Wall Street Journal, and Business week bestseller list.  He’s been featured in The Economist, TIMES, Forbes, Fortune, CNN and CBS.  He runs a multinational firm from wireless locations worldwide (outsourcing), and has been entrepreneurship guest lecturer in Princeton University.  He’s been known in presenting new ways and tools in solving old problems, introduced the concept of Lifestyle Design and world change in doing things. I’ve heard of the book, The 4 Hour Work Week, back in 2008.  But it was only in early 2010 that I’ve finally took time to read it. I’ve got … [Read more...]

7 Steps in Developing Skill

A winner is someone who recognizes his God-given talents, works his tail off to develop them into skills and uses these skills to accomplish his goals. - Larry BirdEach of us has skill and talent which gives us an opportunity to achieve a successful career.  However, not everyone recognizes and make use of their given skill.  Most reasons pertain to lack of belief in one’s skill, laziness, procrastination and idealism, that’s waiting for things to be perfect before taking action. There’s a saying that states,Winners are not born, they are made!In my personal journey in learning how to achieve success, I’ve made a study on the attitudes of successful people which separate them from average or common people.  To learn more about these attitudes, click here. One important attitude of successful people is their openness and eagerness to learn.   It has become their passion to be curious and thirsty to learn new things.   They understand that change is constant, and if they … [Read more...]

The Greatest Salesman in the World Review

Og Mandino is an American author born in the year 1923.  He became really famous when he wrote the book, “The Greatest Salesman in the World”, which was published in 1968 and has been bestseller for almost 50 years.  It is regarded one of the best motivational and selling books ever printed.  It has sold 50 million copies worldwide and has been translated in 25 languages.The only difference between those who failed and those who succeeded lies in the difference of their habits. –Og MandinoIt was in mid-2010 when I’ve bought and read the book of Og Mandino’s The Greatest Salesman in the World. Back then, I’ve just resigned from my full-time job as bank officer, in our country’s Central Bank, to take on the path of full-time entrepreneurship. Such decision was never easy to make, but because of my great desire to succeed and follow my dreams, I’ve took that step and was ready to face any consequence. Luckily, with the help of this book, The Greatest Salesman in the World, … [Read more...]

How to Love Your Life?

 Self-pity is our worst enemy and if we yield to it, we can never do anything wise in this world. —Les BrownJust a couple of weeks ago, I was watching news in our living room when a headline caught my attention. According to the survey, there is an increasing rate of suicides all around the world.  In fact, the current average world suicide rate is 10.07 per 100000 people based on Main causes of suicide were attributed to life crisis, frequently financial and emotional in nature.Root Cause of Life Crisis: Emotion Personally, I’ve used to be really emotional and sensitive.  I came to admit and recognize these negative attitudes when I’ve experienced a turning point in life.  It was during the time I was trapped with emotional and financial crisis back in 2008.  That year, I’ve experienced my first heartbreak from a 5-years relationship and I’ve struggled with a poor financial status. For those who’ve never experienced being totally devastated … [Read more...]