finance
Exponential Growth of Money and Success
Friday, August 3rd, 2007This is quite an interesting article - Exponential Growth of Money and Success
Focus, Consistency and Patience - formula for persisting with your chosen path, and not to give up and change paths quickly whenever you hit a bump. Be focused on the big picture and your goal. Consistently do the things which you have to do to get to your destination. Have patience to go through the process. People usually give up too soon before they allow their efforts to transform into results.
Then again, be wary of the danger of target fixation. We have to be flexible and adjust our tactics as we navigate the terrain. If it is obviously a dead-end, then it is wiser to drop that approach and look for a way around the obstacle. Know when to quit and what to quit. The important thing is to maintain the momentum and keep moving forward in the direction towards your destination.
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10 Reasons You Should Never Get A Job
Monday, July 30th, 2007I really like this post by Steve Pavlina.
Steve’s article crystallizes what I felt and saw as an employee in my last job.
Holding a job is like being a caged animal. Living a life of an employee is like living a life of a circus animal. At 9am you drag yourself to work (cage), perform for the rest of the day at the command of your boss (master) till 5pm when you are released from the cage. I don’t mean to sound derogatory, just using an analogy here, which you will probably appreciate if you care to look closely.
In the week leading up to an upcoming holiday, the HR department wrote a notice like this :-
“On the eve of Christmas Day, all employees will be released from work at 12pm. We wish everyone a very merry Christmas.”
Yeah, indeed they had to release us… It sounded really funny, and I remember joking about it to my colleagues.
Then there’s the atmosphere of fear and insecurity in the workplace. In conventional “wisdom”, people think and feel that they have the greatest security when they hold a day job, preferably in an MNC. However, do you sense the fear and insecurity in these people ?
Why do people engage in work politics and make their number one priority that of protecting their own asses in every work encounter ? Because at the back of their mind, they are always afraid of losing their job, losing their next promotion opportunity, or losing favour with their bosses. So instead of focusing on the client and on contributing value, they put their self interests first. Employees in fact live in fear, not security.
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Mark Joyner - Freedom Agent
Monday, June 4th, 2007
I attended the recent World Internet Mega Summit, and Mark Joyner’s presentation made a huge impact on me. His concept of “Freedom Agent” crystallized for me the vision I have been looking for all this while.
Mark Joyner observed that as technology advances, people have more and more free time. However most of us are trapped in the slave cycle, where our main concern in life is survival. Every man in the street has genius locked inside him. Unfortunately because of our entrapment in the slave cycle, we cannot free ourselves and uncover our genius.
He made a proposition that in the future, all of us will have 100% free time. The only way we can do this is to free ourselves, the first priority being financial freedom. This is so that we can get out of the slave cycle and be entrapped no more in time and space.
To realise the proposition, it begins with us. To inspire and strive to be a freedom agent, to have full control of our time, space and destiny. After we successfully free ourselves, we can choose to engage in unifying social dynamism projects - meaningful work to benefit the less fortunate amongest us.
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Richest Man in Babylon by George Clason
Friday, December 29th, 2006
This is a book written in the 1920s and is touted as a classic in the topic of personal wealth. It’s a small book, just over 100 pages but it contains many gems of wisdom on personal wealth illustrated through avid storytelling.
My views on personal finance have changed somewhat after reading this book. Do check it out if you have not already done so.
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