The Path Towards SELF EMPOWERMENT

I've always been fascinated whenever Mr Rex Mendoza (VP - Ayala Land Inc) gives a talk in IMG (International Marketing Group). He is one of the best speakers I've ever met. In fact, so far, since I became a member of IMG, I never missed any of his seminars. 


The bad news is, he is giving the seminar for FREE ONLY FOR IMG MEMBERS. Don't worry folks, I will share with you the gist of his talk :) But, if you want to meet Mr Rex Medoza and listen to him live, drop me an email at len_12@yahoo.com on how to become a member of IMG. 

Do you have the PESOnality to be wealthy?

I love the theme this February for Bo Sanchez' The Feast (described as the happiest place on Earth. You need to attend the celebration to know why) entitled PESONALITY. In this 4-week series of PESONALITY, you will learn that money and spirituality are actually not in contrast with each other, in fact, here you will learn that the two should actually go hand in hand. You can be wealthy and spiritual at the same time. In Bo Sanchez' words, "The ultimate purpose of wealth is to help others". 

In last Sunday's talk, "Make your 100%", Bo mentioned 3 C steps to happy wealth:

1. CONSCIOUSNESS

Write down your financial goal for this year. Your monthly and yearly income that you want to receive. Write the things that you want to have and the things that you want to do this year. Calculate the amount equivalent of these goals, by doing so, you would know how much you must earn within this year. Now that you are conscious on how much you  have to earn this year, make a list on how you think you can achieve your goals. Do not forget to thank God in advance for making your financial goals come to reality.

2. COMPETENCE

Do not be complacent with what you know. Always make an effort on how you can make yourself better everyday.  Sharpen your saw regularly. Keep growing your core gifts as Bo Sanchez said. You have to innovate all the time, never stagnate. It is by increasing our competence that we become experts in our own field and it is through our expertise that we can demand for a higher raise or attract more clients.

Another way of increasing your competence is by increasing your financial IQ. Be financially literate. Take time to know your numbers, how to earn more money and how money can work hard for you.

3. CHARACTER

Your wealth consciousness and competence will never be enough to achieve your desired wealth. You must also be a person of character. Find ways on how you can serve your clients, employees, suppliers and the public more. Be a person of integrity and honesty. Always think of how you can serve well before how you can earn more. They say that money is a great test of character as it will only bring out and magnify what you already have and what you already are. It is your character that would really bring you to your desired wealth more than your consciousness and your competence. Much more, people will always remember you because of your character above all else.

3 THINGS TO DO TO ACHIEVE WEALTH

1. DETERMINATION

    

Focus on your goals. Be determined. Continue to persist. Be patient. Do everything whatever it takes to get what you want.Do not let anyone or anything interfere with your dreams. In time, your everyday hardwork and persistence will surely compound.

2. DIFFERENTIATION

Think of ways where you can provide value to your customers that would make you stand out from the rest of your competitors. What do you have that they do not have? What can you offer that others cannot? Find your niche. Always innovate.

3. DELEGATION

Too much work can sometimes cloud your thoughts on the big things that you really have to deal with. Just focus on the most important things and delegate the rest to others or outsource the bulk of work that makes your life difficult rather than easy and happy. Form a group, create a team. You can't do everything by yourself. Well, you can probably do but If you want to be big, take some partners with you, work with some trusted people and surely, you can get bigger. There is strength in numbers and powers with more minds. Share your work and your wealth to others and you shall be blessed with more.

See you at the Feast for series 2 of Pesonality, "Magnify your 10%".

"If then, you have not been faithful in handling worldly wealth, how can you be trusted with true wealth?" - Luke 16:11

Rich Mind, Poor Mind

I'd like to share with you the book that I recently read, "Secrets of the Millionaire Mind" by T Harv Eker. He mentioned about 17 wealth files on why the rich become richer and the poor become poorer...and that is because they have different mindset.

  

Here are my top 3 wealth files:

1. RICH PEOPLE BELIEVE "I CREATE MY LIFE"

    POOR PEOPLE BELIEVE "LIFE HAPPENS TO ME"

If you believe that you create your life instead of thinking that what is happening to you is your destiny, then, you create choices, you become in-charge of your life and you take the path that you want to take. You refuse the thought that you can't do anything with a given situation but rather, you make a way on how to turn your miseries into opportunities. Once you believe that life is a choice rather than fate, then, it is impossible that you can't be what you want to be, do what you want to do and have what you want to have.

2. RICH PEOPLE HAVE THEIR MONEY WORK HARD FOR THEM

    POOR PEOPLE WORK HARD FOR THEIR MONEY

Hard work is a necessary ingredient to succeed in life but it is not everything. Working smart combined with your hard work will make you a run away winner in life. I've learned one powerful concept about money working hard for you instead of you working hard for your money from my affiliate group "IMG"(International Marketing Group)**. Do you know that if you invest P 100,000.00 in an investment vehicle earning about 12% compounded annually just like mutual funds, after 36 years, your money  can become P 6.4 millions! However, with the same investible fund of P 100,000.00 invested in a time deposit, after 36 years, your money  will ONLY be P 400,000. Imagine losing P 6 million pesos just because you didn't know how your money can really work hard for you! Assuming that you are earning P 20,000 monthly, that means you shall be working hard for another 25 years of your life to amass that P 6 million additional money and mind you, that is without spending even a single peso ( to compute for the 25 years - P6M / P240K annually(P20K/mo x 12mos) ). Shocking isn't it? but that is how expensive not knowing how hard your money can work for you.

** If you want to attend a free Money Management seminar at IMG, send me an email to len_12@yahoo.com and I'll be happy to assist you.

3. RICH PEOPLE CONSTANTLY LEARN AND GROW

    POOR PEOPLE THINK THAT THEY ALREADY KNOW

Sharpen the saw, that is what the rich people always do. They are advocate of continuous learning and growing. They are not contented with what they know, they always make sure that they are updated and always in the loop. They always improve themselves to get even better. I quote from Benjamin Franklin saying " If you think education is expensive, try ignorance".  Steve  Job said "Stay foolish, stay hungry" and I SAY "If you cease to learn, you cease to live" :D