by Chinkee Tan
When I was a young entrepreneur, I’ve been trying to tag along with some of my relatives and trying to learn the way they run their businesses that made them rich.
However, not everyone was generous to share too much info so that you will be able to learn their secrets.
So I started my quest to become one at a young age of 12. I tried to put my hands on anything that will help me fulfill my dream of becoming rich one day.
It was an on the job training, no one to coach, guide, and mentor. Praise be to God, due to hard work, patience, persistence, and a lot of wisdom that comes from God, I was able to hit my dream in my early 20s.
But our generation is changing. And it is changing FAST. You can be in your early 20s and be one of the richest men in the world such as the success that Facebook owner Mark Zuckerberg encountered early in life.
Success is no respecter of age and titles. SUCCESS is mostly dependent on a person’s positive attitude – perseverance, willingness to sacrifice, taking risks, and creativity to mention a few.
People who are doing well financially surely have their own unique formula and secrets as to how they amassed their wealth.
SECRET NO. 1: TIMING IS EVERYTHING
Success also requires that we understand the value of perfect timing. We do not jump into an opportunity simply because it is trending or fast becoming a fad. We have to study our market, product, service, brand, values, and other relevant elements to trying out a new season in life whether as an employee or a business owner.
SECRET NO. 2: LET MONEY WORK FOR YOU
We do not let money dictate us. We let it work for us. We use it as a tool, a means to an end instead of it using us and holding us hostage. It is not how hard you work but also how smart.
SECRET NO. 3: THE PROBLEM IS NOT A LACK OF MONEY, BUT A LACK OF IDEAS
Successful people know that money is never the ISSUE. We can have all the money we want, but if we lack the ideas on how to multiply it, we can still end up poor someday.
SECRET NO. 4: IT’S OKAY TO FAIL
We may sometimes think that failing once is enough reason to quit. We may also sometimes start to believe that something is not made for us if we fail in the first try.
All successful people in the world understand that failure or making mistakes is part of achieving success. Don’t be afraid to fail. Use it to learn and fortify your goals.
SECRET NO. 5: YOU CAN BE YOUR OWN BOSS
Our educational system in the Philippines mostly teaches and grooms us to become employees in the future. But what must be the most groundbreaking learning we can ever learn in school is that we can actually become our own boss. It means that we can build and run our own business on our own time.
THINK. REFLECT. APPLY.
Which among the five money secrets appeal to you most? Do they make sense to you? Which among the five can help you greatly?
ATTENTION PARENTS:
If you want your kids to become rich one day, join me on May 19, from 1 to 6 p.m., at Oakwood Premier Joy Nostalg Center Ortigas on HOW TO RAISE ENTREPRENEURIAL KIDS IN 10 EASY STEPS.
For more info please visit this https://chinkeetan.com/moneywise.