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    

Have you decided to be rich?

You heard me right! I’m asking you, have you decided to be rich?

Yes my friends, to be rich is a decision and commitment, not just a wish or want. As the law of attraction says, “Thoughts become things.” You will never be rich until you haven’t decided to be rich. Everything starts with the right mindset.

Having the right mindset doesn’t mean that you just have to think that you will gain wealth and you will be wealthy. The power does not lie on thinking but on belief. You have to believe that you are truly capable of becoming rich. The worst thing that you could ever do to yourself is to limit your belief of the things that you can do and achieve. You are powerful than you could ever imagine, so never ever underestimate yourself. As they say, what the mind can conceive, the body can achieve. I would also like to borrow from Henry Ford’s words “Whether You Think You Can or Can't, You're Right".

Once you believe that richness and abundance is coming your way, feel it, act it. Yes,  act like you already have what you are asking for. Feel that the things that you desire are already within your reach. Think and act like a millionaire!

Now, be ready and brace yourself for the blessings coming your way. “If you ask, you shall receive.”  Don’t forget to thank God once you receive the blessings. Enjoy your blessings!

Sharpen the saw: Attend Wealth Summit

Friends, remember the 7th habit of Highly Effective People by Stephen Covey, sharpen the saw? This seminar would not only sharpen your saw, but can make you truly wealthy. 


Attend, listen carefully and apply the learnings. Remember, all learnings become futile if not applied. Knowledge plus application is wisdom. I hope that this seminar will lead us a step closer in reaching our dreams.


May God bless our finances!

20 things I learned in 2010

2010 was a very good year for me, not in terms of financial results (but I know and I declare that I'm getting there : D) but in terms of the things that I learned. 2010 was a learning year for me and I'm expecting that the results will manifest this year....in Jesus name.




I would like to share the top 20 things in my list:


 1.   Follow your heart,take the leap 
 2.   Learn and unlearn 
 3.   I can be whatever I want to be 
 4.   Map out your financial blueprint 
 5.  Watch your progress in no 4 
 6.   Think of the things that really matter to you 
 7.   Be successful in all areas of your life, it can be done! 
 8.   Be with the like minded people 
 9.   Be positive all the time! 
 10. Balance optimism with reality 
 11. Avoid negative people, they can harm you unknowingly
 12. Have a grateful heart 
 13.  Be thankful with what you have while working for what you want 
 14.  Push yourself to get what you want 
 15.  "The ultimate purpose of wealth is to help out others" - Bo Sanchez 
 16.   Be a channel of blessings to other people 
 17.   The scarcity mentality! All you need is just around you, you just have to increase your awareness 
 18.   The power of discipline 
 19.   Love more, help more, dream more, smile more….be a better version of yourself 
 20.   Eat,pray,love....enjoy life              


I hope that you also learned a few things based on what I've learned and I encourage you to reflect on what the year 2010 has been to you and do your own list. I also have my list of 20 things that I am thankful for in 2010 and the things that I am thankful for this 2011 (yes indeed....I already have my list to be thankful for this 2011..these are the things that I want to have and achieve this year...I am claiming it and thanking God in advance).


Have a happy, healthy and wealthy 2011 everyone!  

The market is up!....now what?

This November, The International Marketing Group (IMG) was so privileged to have Ayala Land’s VP and Rampver Strategic Advisors (RSA) owner, Mr. Rex Mendoza. As we all know that the stock market right now is very much bullish, Mr Rex Mendoza talked about the skills needed to ride on a bullish stock market.

Mr Mendoza used the same tips for aspiring bull riders as given by Cody Tapp, only he compared it to the stock market. Here are the six tips in riding the bull market as mentioned by Mr Medoza in his talk:

1.     Seek the local rodeo/cowboy association

This can be associated to what Napoleon Hill mentioned in his book “Think and Grow Rich”, create a mastermind group. The best thing that an association can do to you is that it gives you the push to do what you really want to do or what you believe in as you meet with people who have the same belief as you.

Sometimes, you also benchmark yourself with people who are doing well in the association, hence, creating a “positive” external pressure on your part to strive harder to do well just like those people that you benchmark with in the group. When people with you do well, you aspire to do well also.

Some of these associations are even paid memberships, best example is the gym membership. There is a price to pay to become part of these groups. Sometimes you have to pay for that discipline. When it’s free, there is high probability that you will never do it. Sometimes, we tend to give value when there is a price to pay.

2.     Find a riding buddy

In the stock market, this means that you have to find an investor buddy. In our previous example, gym membership, you need to have a gym buddy. If we want to succeed, much more, if we want to be big, we need partner/s. Just like in an organization, our buddy will give us a push as we always mirror ourselves with our partner/buddy. Have a cooperative relationship with your buddy to ensure that you are heading towards the direction of your goals.

3.     Expose yourself to the rodeos

Watch and talk to experienced riders. These are the persons who are doing well or the experts in the industry that we want to do well, in this case, the stock market. Look for your mentors and shorten your learning curve. Talk and be with them as often as you can to imbibe the way they think and how they behave. Being with them often will surely have a great impact on the way we think and behave.

4.     Get the right gear

Now that you know what you want to do and where you want to go, it is important to get the right gear. The gear that we are talking about are the “tools” needed to be ready for action. Use the resources wisely and for the right purpose for you to become successful in riding the bull market in stocks. The best gear for us right now is “technology”. In a fast paced world that we are currently in, technology could be our greatest ally or worst enemy, depending on how we use them. Use the web to know the current trends or even the predictions. Research is just a click away. Know the numbers and know your market.

5.     Handle fear

Fear is normal. Everybody fears but what sets others apart is they try to overcome their fear. How? Through exercise. Control your fear by doing what you fear most! Visualize yourself successful when doing what you fear the most. It is through trying and doing what we fear most that we realize that we can actually do it after all. Fear as they define is “False Expectations Appearing Real”.

6.     Ride one for as long as you can

It is through persistence that we become focus on getting what we want. We do not stop until we reach our goals. You become an expert when you ride the market for as long as you can. As the saying goes, “Tough times do not last but tough people do”.

In the end, our emotions always cloud our vision. Greed and fear always get in the way. What is important is to map out our financial goals. Invest to achieve your financial goals and not to earn profit as it will always be a matter of perspective and attitude.

"Nothing can stop the man with the right mental attitude from achieving his goal; nothing on earth can help the man with the wrong mental attitude." - Thomas Jefferson