Tuesday, April 14, 2009

Self Made Millionaires vs. Team Made Millionaires


“In this Information Era, move in the path that makes you reach your goals faster and easier”

While talking to my Mentor and Coach in Finance, he pointed out the different people in the past who succeeded financially on their own. By learning and sacrificing many things. People like Andrew Carnegie, Thomas Edison, Henry Ford, etc. What took my attention were their ages, and the time they spent to reach that level of Financial Success! And suddenly I remembered my conversation with Mr. Lance Miller (See him in my album) the 2005 World Champion of Public Speaking.

“How long it took you time to win this title?” I asked at the lunch table. He replied; “13 years!”. Shockingly I asked “thirteeeeeeeeeen years?”

And he said “yes, because I learned everything by myself. I wasn’t coached and never attended any classes on this subject. I practiced and joined the competition by myself and failed and learned more…”

Compared to the 2007 World Champion of Public Speaking, who became an inspiration to many new Public Speakers, it took Mr. Miller (though he is still my favorite speaker among the champions in the past 25 years) 9 more years to win the title. Searching for the reason behind success of this new Champion; I found out that he had surrounded himself with different people expert in the field. He simply gathered A TEAM!

Same goes in Finance and Business nowadays. In this fast changing era when everyday new information and technologies being publicized; an individual Entrepreneur has a higher chance of succeeding if he joins forces with other experts than competing against them. Remember in today time, the faster you get to your desired results the better you are, and then the titles follow.

Based on the people whom I studied I have put them in comparison (and you may add more);

And as you can see, there are companies starting merging together; though they competed against each other in the past. Sample of those in our country are banks (like BDO and Equitable!)

Therefore one of the reasons I suggest people in joining communities such as CA2020.net is to provide the potential of creating the Team that helps them winning the money game, faster and easier.

So, you still want to go solo?

The Financial Road Less Travelled!

Today I had a meeting with one of my Mentors (one of my Rich Dad’s) and we talked about Real-State Businesses and Opportunities; a very important and informative meeting that I never forget. As we were talking about those types of Investments my emotions of Excitement and fear started to kick in again! I remembered the shifting from one Quadrant to another (Based on Robert Kiyosaki’s Teachings!).

Just looking at the papers and numbers I could feel both the fear and excitement in me. The uncomforting feelings of the situations and yet needing to do the transmutation for my dreams to come true. I know this is next in the list of what is right TO DO! To move further forward in the road less travelled.
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For those who don’t have any idea about the Cashflow Quadrant® let me give a short review on that (for more understandings I suggest you to play the Rich Dad’s Cashflow – refer to my Posted Pages in my blog);

1st) E Quadrant:
It’s when you are working for a company or for a system or better said when you work hard for money. Majority of us belong to this quadrant and unfortunately our School System trains us for one day to be belong to this quadrant.

2nd) S Quadrant:
When you work for your own system; majority of the high paid people belong to this group, people like Doctors, Attorneys, Lawyers, etc. the thing with the people of this quadrant is, if they stop working, they stop earning too.

3rd) B Quadrant:
When you own a system but you have people working for you. In our country businesses like SM Malls, Starbucks, etc goes under this category. But it doesn’t
mean you should be a big business owner to start. Here is when even if you don’t work the system you created still works for your income.

4th) I Quadrant:
When your money, works hard for you to make money! IS THAT POSSIBLE? Definitely! For example when you own stocks, IPOs, Mutual Funds, etc.
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They say the road to Financial Freedom is;
E -> S -> B -> I
or simply from the Left side of the Quadrant to the Right Side. And I call that road; “The Road Less Travelled”, since less than 10% of the population of our country belongs to the right side and the rest are stuck at the other side!

In many cases in life we know the right action, the right plan, the right thing to do, yet because of many things like our Personal Reaction and Emotions, we fail to do them and then we take the road mostly traveled. The road ordinary ones take, the road less risky, more secured but less interesting and less rewarding!

Believe me this shift from one quadrant to another is not easy and not comfortable, and that is the reason only extraordinary people can shift. Simply because if it was easy then everyone would take that, and if that happens then there won’t be any extraordinary thing about it.

But what if without that shift you won’t be successful in achieving your dreams? You will waste the only life given to you to live it with prosperity and happiness? And to go for your goals no matter what? So if you have the desire and ambition to reach your goals then you should do the shift. Not shifting has its own circumstances and this one means no more result in life, no progress in life, and goodbye to your dreams!

Well, I prefer to take the road less travelled, because that’s the road extraordinary ones take.

Which path do you take; the path to extraordinary life? or the life most people are contented to live in? To stay in present situation for the rest of your life or to move in the road to happiness and success?

The Choice is yours!

By: Dr. Mahdi T.K.

Who You Wanted to be and Who You are Now!

Sometimes as we grow older, changes occur in our biological systems as well as psychological, without us noticing it!

What surprises me more is that our lives changes mostly due the country we live in, the culture we are surrounded with and the people whom we tackling every day.

And in case of more than 80% of our people, these changes are unpredictable and unavoidable.
As I was traveling in different countries from Middle-East (where I grew up first half of my life) to the Far-East (where I grew up the second half of my life up to present) I came to this point that people as they grow older, tend to forget what they wanted, what they could have,and how they desired to live.

Sometimes we give up our dreams just to adjust ourselves with our current situations and we stay contented with that for the rest of our lives.

Sometimes we take a 4 to 6 year course in the college and yet after we graduate, we stay in that 4-6 year course for the rest of our lives!

But hey, we were not born to be contented with our situation! We were born to go for more, to go for better.

Thanks God to the other 20% of the population who made the difference, by changes they made. Changes like;

Making the wheel, using the power of steam, building the airplane, controlling the electricity, landing on moon, writing books that moved nations, discoveries and many more…
Sometimes I pray “God, place me in that 20% of population that make the big changes for betterment of mankind!”

As of present and where you are now, are you living the promising life you wanted to have when you were a kid? I don’t know how old you are, but I know when you were a kid, you wished when you reached this age (that you are living now) you would have things, you could do things and you would be someone. My question is; “Are you living that life you wanted to live?”

If not, then do something before it will be too late!!!

by: Dr. Mahdi T. K.

3 Most Dangerous Words and the Empty Cup

I still remember that untill fours ago i would passionately participate in many groups and tried to prove myself by sharing whatever i have read or knew about different things until one day I saw myself not growing further!

It was in a seminar when the facilitator said, “If you think you know, then you won’t learn something new about it, and when you won’t learn something new about it while others do, one day will come when you will see yourself left behind…”

Trying to think of myself right there, I saw he is talking to me, contented with what I knew and being proud of them, I had closed the doors to new and better information about principles of life.
Right there I made my cup empty to fill them with new and better things; therefore since four years ago, I changed my mind and I left it open to new information.

Nowadays, I still see people (even among my friends) who are like who I was four years ago, so when I see they resist to accept the change they have to go through for them to be more successful; I share with them the story of “Empty Cup!”;

A university professor went to visit a famous Zen master. While the master quietly served tea, the professor talked about Zen. The master poured the visitor’s cup to the brim, and then kept pouring. The professor watched the overflowing cup until he could no longer restrain himself. “It’s overfull! No more will go in!” the professor blurted. “You are like this cup,” the master replied, “How can I show you Zen unless you first empty your cup?”

Let me share with you more of People’s reactions to this story:

· “You cannot learn anything if you already feel that you know.”
· “Preconceived ideas and prejudices always prevent us from seeing the truth.”
· “You should open your mind before you open your mouth.”
· “Some people want to be taught everything in one sitting. It’s not possible.”
· “This story proves to me that you have to unlearn before you can learn.”
· “We shouldn’t get too wrapped up in one aspect of life. If we do, we close ourselves off to new experiences.”
· “Even though you may be full of knowledge, you should always be open to the fact that there is still more to learn.”
· “If you want to learn, you have to shut up and LISTEN for a change.”
· “We should be open to the views of others, and accept them as their own. Treat each opinion individually, and don’t just add it to your own.”
· “Sometimes another person has to catch you with your guard down in order to teach you something.”
· “The professor’s understanding of Zen is too intellectualized. The master is trying to point him towards a more intuitive understanding. If you’re too intellectualized about ANY subject, often you miss the boat.”
· “Too much of anything is just too much!”

Since then I never used the 3 most dangerous words in a language; “I know that!” because I believe “when you think you know much about something then you won’t be open to know more about it!”

Send me your Reaction on this Article, let hear your comments
Dr. Mahdi T.K.