Showing posts with label life. Show all posts
Showing posts with label life. Show all posts

Tuesday, 20 May 2014

Are entrepreneurs happy with what they are doing?

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There are a lot of assumptions about being an entrepreneur. Some would agree that being an entrepreneur gives you the time you want to do things you love. An entrepreneur means having the authority to make your own decision. Doing the things that you are passionate about. Successful entrepreneur will reap all the rewards in the form of satisfaction and monetary value. 

Isn't these good enough to make you a happy entrepreneur! 

But well, not to forget that being an entrepreneur is not an easy feat. Everything you heard about an ordinary man suddenly became an overnight millionaire is bullshit. Its very rare that such thing will happen overnight. 

My very honest truth is that startup is not simple. When you first started, you'll suffer the day and night thinking about your business because no one else will think on your behalf. You are the decision maker for your business, whatever rise and fall of your business is all totally on you. No supervisors or bosses are going to back you up should something bad happens, you got to solve it anyway. 

Now knowing all these, think again the same question...Are you happy now as an entrepreneur? 

*Image courtesy of FreeDigitalPhotos.net

Oh hell yes! You are now doing something right from your passion. You have visualized your future and are halfway on the journey to invent your future. You are different from the typical 9-to5vers who are still making ends meet. You decide your own fate. What else is not to be happy about? 

People always get the equation wrong. They assume that all the stress and problem of doing your own business is not making you happy. In fact, it makes you angry, or worse drives you mad. If you agree with those people, maybe you are not an entrepreneur. You're just someone who's trying to create a business to survive. 

"True entrepreneurs are always happy at what they do, despite the troubles and stress they have to go through."

Have so many problems in your business? Well screw that. Bring it on! You're already halfway on your success journey, what's there to stop you??
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Monday, 5 May 2014

5 reasons why working for money will FAIL you

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"Money is usually attracted, not pursued"
Jim Rohn

So many times we have seen parents told their children to study and earn a better pay for a living. Robert Kiyosaki has many times educating audiences that school taught us the wrong advice. And according to my observation, I can't agree more with this. People have always been seeing it the different way.

Many entrepreneurs have already discovered the way to live a better life. Nonetheless, there are still people who continue to work full time. Sadly, doing it by working hard to pursue money for they think that working hard for money equates to happiness.

I will show 5 reasons why working for money will FAIL you, instead of planting you a success.


*Image courtesy of FreeDigitalPhotos.net



1. MONEY WILL CONTROL YOU


Sad truth behind this is that people constantly think THEY are the source of income. If you have the same thought let's assume this. When you fall sick, you cannot earn money. When you are on holidays, you are not going to earn money. Perfect example are doctors, lawyers, therapist, consultants...If you run a one-man company, then its even harder to manage. Money takes control of you. Without you = no money.

2. YOU MAY SINK INTO STRESS AND DEPRESSION

Engineers, fund managers, investment bankers, and some of them work for long hours. 14 hours a day just to cover their asses in their job. If you are one of them, you may have received a 6-figure income pay check. But to what end? Unless you are doing it for the love and passion, else there is no point in life pulling into long hours of work, subsequently suffer depression and stress.

3. MONEY WON'T MAKE YOU HAPPY


Face it, money will never make you happy. You work harder for it, so that you can enjoy a better life. But if money is your goal, how do you even have time to enjoy that life? You work so hard to earn it, your time is wasted for all that. Happiness is grow from within, not earned from the outer layer. Work on something that makes you happy. When you do, you might not even care how much you are earning.


*Image courtesy of FreeDigitalPhotos.net

4. CAN YOU CLIMB A HIGHER CORPORATE LADDER?

Unless you have a have a crystal ball to predict future, else you have no certain way to see how far you can go in your career. Every step is a risk, as you grow older you are going to compete against many young graduates who has more time and energy than you. Pareto 80/20 rule. Only 20% of managers will control 80% of his/her subordinates. Now, if there are 100 employees in your company, you are going head to head with your co-workers and only 20 of them earns the throne. If you choose not to compete for that throne, you may risk your career line over younger staffs.



5. THERE IS ALWAYS A LIMIT TO HOW MUCH YOU EARN


Working for people you will be limited to the amount you may earn. Company always secure a budget. You will never get to earn more than you want unless you're not as ambitious. Being an entrepreneur however, is a different story. Sky is the limit. 

"Ridiculous yachts and private planes and big limousines won't make people enjoy life more, and it sends out terrible messages to the people who work for them. It would be so much better if that money was spent in Africa - and it's about getting a balance." 
Richard Branson


"Your time is limited, so don’t waste it living someone else’s life."
Steve Jobs



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Monday, 28 April 2014

10 Signs You Are Ready to be an Entrepreneur

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The confession of an entrepreneur. You may think that you are prepared to venture into entrepreneurship. But deep down in your heart you are still doubting yourself, whether your heart is guiding you the right path...

*Image courtesy of FreeDigitalPhotos.net

These 10 signs will tell you are ready to quit your full-time job and venture into the entrepreneur's game.

  1. When you wake up in the morning, first thing you thought of it, "I don't want to go to work!"

  2. You start day dreaming in your office, thinking of whatever potential business you could have done if you're not working full time.

  3. You have the desire for this - independence, success, passion and hunger (NOT FOOD!)

  4. You want to show the world that you are different from most of them. *Pareto 80/20 Rule - 80% of the employees work for 20% of the business owners.

  5. You have identified an unmet need/solution, which has the potential to be launched as a business

  6. You do not have huge commitments that force you to stay on your full time job.

  7. Your family and spouse are supportive of your dream.

  8. When you have a circle of entrepreneur friends who have "been there, done that". Encouraging you to go for your dream.

  9. You understand that you are have to focus and work 200% harder than your current full time job.

  10.  You are ready to take the risk, not fearing that you may lose it all should this entrepreneur dream fail you.


If you have 10 signs above, my friend, you are already an entrepreneur. You just didn't know it yet!

By the way we only live once in our lifetime, we should live the life we always wanted. 

"Regretting not pursuing our passion is WORST than the regrets of failing one."

Step out there and change the world.

*Image courtesy of FreeDigitalPhotos.net
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Monday, 14 April 2014

How to pick a piggy bank and when to eat a cookie?

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Piggy bank is our wealth.

  Cookie jar is our health.


My blog title says it all. This blog is all about managing our personal finances and work life balance. My whole purpose of putting all these in writing because this is what I have been practicing. 

We all can see it around us. There are always wealthy Malaysians among our circle of network, so smart at managing wealth. There are also people who continuously being health conscious and taking care of their fitness. But how many of us are integrating both of this together? Perhaps less than 10% of Malaysian population.

"Its sad to know that most of us are busy racing to earn money all day and all night, forgetting our health." 

Be it a Head of Director of a banking industry or a Project Manager in an oil and gas company, or even a Fund Manager in an investing firm. They may want the same goal, which is to earn money and retire early. Okay, let's say that they are the best example to manage personal finance...but do they practice good health too? 


According to Happiness Index 2013, Malaysia dropped its rank from 51th in 2012 to 56th place in 2013. Malaysians are unhappy. There are politics, economy, health, etc to worry about. So much to cloud our mind that we forget ourselves.

We forget that being happy is not just about everything out there. Its about the inside, our inner self... Being healthy, being financially well-off and a happy relationship. Is as simple as that.

This is why I am writing it! I hope to share my idea of work life balance. This is the main point!

For those who have always been managing personal finance and maintaining healthy lifestyle all these while, you have my biggest compliment and praise for being such a good example. I hope that my blog can serve as a reference for you in near future.

While for those who have yet to do the above, its not too late, my brothers and sisters. I wish that my blog can motivate you or improve your life further. 

I want to continue doing this. And I will always want to share my experience in regards to personal finance and staying up with a healthy lifestyle.
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