Tag Archives: learner’s club

Learning 707

“Drop all the garbage of the past and just smile and move forward.

Your complaining does not help improve or resolve anything.” – SriSri

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Learning 706

Just as a tortoise brings out its limbs when it feels safe and protected, We also open ourselves to others when we feel protected from being judged or used.

It’s a blessing to have someone in whose company, we can be ourselves.

Learning 704

“Life is many more dimensions than you imagine is possible. It is only when you enhance your perception, you’ll access it, not in making conclusions.

This is one thing, we have to bring in to our children that most of the universe we live in, we do not know. A sense of wonder, an interest in everything that surround us.

Right now, we’ve idiotic conclusions about everything that we keep changing every 25 years.

It’s time we pay attention to the magnificent creation to which we are living. If we do this, all the other things that we are talking about will naturally fall into place, because the fight in the world, the conflict in the world is not between good and bad as people would like to project it, it is always between one man’s belief or other man’s belief. We are always fighting over that endlessly.

If we wondered about everything around us, if we paid attention to everything the universe will yield in a fantastic way. And if you live for million years, it will still keep you interested.” – Sadhguru

Learning 703

What’s wealth and what the rich focus at? Here’s great answers by Robert Kiyosaki.

“Wealth is a person’s ability to survive so many number of days forward or if I stopped working today, how long could I survive.” – R. Buckminster Fuller

“The rich focus on their asset columns while everyone else focuses on their income statements.”

In 1974, Ray Kroc, the founder of McDonald’s, was asked to speak to the MBA class at the University of Texas at Austin. After a powerful and inspiring talk, Ray was asked by the students to join them at their favorite hangout to have few beers, to which Ray accepted graciously.

At that time Ray asked, ‘What business am I in?’

Everyone laughed, thinking Ray was just fooling around.

When no one answered, Ray asked again, ‘What business do you think I’m in?’

The students laughed again, when finally one brave soul yelled out, ‘Ray, who in the world doesn’t know that you’re in the hamburger business? ‘

Ray chuckled, ‘That’s what I thought you would say.’ He paused and then quickly added, ‘Ladies and Gentlemen, I’m not in the hamburger business. My business is real estate. ‘

Ray spent a good amount of time explaining his viewpoint. In his business plan, Ray knew that the primary business focus was to sell hamburger franchises, but what he never lost sight of was the location of each franchise. He knew that the land and its location were the most significant factors in the success of each franchise. Basically, the person who bought the franchise was also buying the real estate under the franchise for Ray Kroc’s organization.

Today McDonald’s is one of the largest owner of real estate in the world. McDonald’s owns some of the most valuable intersections and street corners in America and around the globe.

Most people work for everyone but themselves. Financial struggle is often directly the result of people working all their lives for someone else.

There is a big difference between your profession and your business. When asked, ‘What’s your business?’ people say, ‘I’m a banker.’ And when further asked whether they own the bank, they say ‘No, I work there.’ They are confused their profession with their business.

A problem with school is that you often become what you study. The mistake in becoming what you study is that too many people forget to mind their own business. They spend their lives minding someone else’s business and making them rich. Start minding your own business. Keep your daytime job, but start buying real assets, not liabilities or personal effects that have no real value once you get them home. A new car loses nearly 25 % of the price you pay for it the moment you drive it off the lot.

Keep expenses low, reduce liabilities, and diligently build a base of solid assets. As per author’s view real assets fall into following categories:

Learning 702

“Goodbyes are only for those who love with their eyes. Because for those who love with their heart and soul, there is no such thing as seperation.”

Learning 701

Proper physical exercise increases your chances for health, and proper mental exercise increases your chances for wealth. 

There is a difference between being poor and being broke. Broke is temporary. Poor is eternal. The poor and the middle class work for money. The rich have money work for them.

Too many people are too focused on money and not on their greatest wealth their education. If people are prepared to be flexible, keep an open mind and learn, they will grow richer and richer despite tough changes. If they think money will solve problems, they will have a rough ride. Intelligence solve problems and produces money. Money without financial intelligence is money soon gone. 

Most people fail to realise that in life, it’s not how much money you make. It’s how much money you keep. We’ve all heard stories of lottery winners who are poor, then suddenly rich and then poor again. Or stories of professional athletes, who at the age of 24 are earning millions, but are sleeping under the bridge 10 years later. 

In the long run, it’s not how much money you make. It’s how much you keep, and how many generations you keep it. If you want to be rich, you need to be financially literate. 

Most people, in their drive to get rich, try to build an Empire State Building on a six inch slab. While they are ignorant that they need to dig a deep hole and pour a strong foundation. 

Accounting is possibly the most confusing, boring subject in the world, but if you want to be rich long term, it could be the most important subject. 

Cash flow tells the story of how a person handles money. Money only accentuates the cash flow pattern running in your head. If your pattern is to spend everything you get, most likely an increase in cash will just result in an increase in spending. Thus the saying, “A fool and his money is one big party.”

Most people work harder but don’t get ahead. What is missing from their education is not how to make money, but how to manage money. It’s called financial aptitude – what to do with money once you make it, how to keep people from taking it from you, how to keep it longer, and how to make that money work harder for you. Most people don’t understand why they struggle financially because they don’t understand cash flow. 

There’s an important saying for people in debt, “If you find you have dug yourself into a hole…. Stop digging.”