Do You Possess Multi-Millionaires Traits?

I will stay at home to study public listed company (stock investment) and read Internet articles on Sunday noon and night normally. Some how I have great interest in doing this, and I feel very relax by doing it. ;) Of course, the ultimate purpose is to make me stronger, more knowledgeable, obtain higher return on business and investment.

I came across a simple article about the usual traits of the multi-millionaires, which I think it is quite true from what I noticed over multi-millionaires around me. I would like to share with you here.

There's a research center spent 5 years time to study 177 multi-millionaires, and they discovered the following 12 traits from these successful people. For those multi-millionaires climbing all the way up from the ground, they have their success reasons behind, and these are the traits.

1. They read frequently, and relentlessly upgrade their knowledge and mindset.
2. They exercise regularly and stay healthy.
3. They get to know other successful people and expand their networks.
4. They relentlessly seek for their own goals, they are persistence.
5. They wake up early.
6. They have multiple income sources, including business and investment.
7. They have mentor/s.
8. They have positive and aggressive attitude.
9. They do not follow the crowd.
10. They help others to be succeeded (so they can ride on others to earn more?).
11. They spend time to think and ponder over problems and future trend, daily.
12. They seek for feedback from others.

Sounds simple? Out of these 12 traits, how many of them you think you are currently possessing them? I think item 1, 2, 3, 5, 7, 11 and 12 are not that difficult, most of us can try to achieve them. But from what I noticed, we might not become millionaire even we possess all these 12 traits. Why is that?

Well, these are just common traits from these 177 multi-millionaires, or more. But doesn't mean the study proved that possess these 12 traits then you will become millionaires. We still need ideas, courage, resources and support to achieve it.

Being an entrepreneur, I realized what it takes to be successful. If we able to possess 12 traits above, it does help us a lot to be successful.

Some of us chose to be mediocre, that's fine. But some of us still have dreams and want to be rich. Anyhow, it's good to try to do business at least once and last it at least 1-2 years when you are young and single, then you will experience something you'll never get to experience in your life!

Make America Great Again?

Yes, it was the biggest news of the year everybody talked about last week. Donald Trump beaten Clinton and won the US president election.

I like what Trump always shared in books, go big or go home. This time, he really went big and he got the president. To be honest, I did not expect him to win, or if he win, he will not win by outnumber. However, I have been admiring him since The Apprentice. Because he is an outstanding businessman. His business tactics are weird and won't be used by gentlemen, but somehow they are effective.

So what tactics he actually used for this election?

1. Pretend
Trump pretends he is the best, even though he is not. He pretends he is the best president by painting a good future for the citizens. He talked like he is perfect, but in fact he has weaknesses. Anyway, pretend only can be achieved by highly confident and ego person, like him. Why he likes to do so? Imagine if he always tell lies, will he succeed until today? That's his strategy. If he is confident he can do it, he will pretend to be succeed first. Make America Great Again, he really pained a bright future picture for the America with this slogan.

2. Depreciate Opponents
He likes to play this game. Look at how he depreciate Clinton, her husband and Obama. I also remembered how he depreciated Richard Branson and many people in his books. That's his 'always use' strategy.

3. Exaggerate
He ballooned most of the promises and facts. Do you think he really can convince Mexico will pay and build the wall? Can US really ban every incoming muslim? All don't make sense. Come on. And he talked the mass he has net worth of $10B? Buffet asked him to prove by showing income tax report, he doesn't even dare to prove it. However, do you think he wants to make you believe it? No. That is not his point. Trump just wants your attention, everyone's attention. And guess what, he made it. Everyone can now remember what he promised and told!

Another tactic he likes to use in his business is lawsuit. Trump likes to make use of lawsuit to take advantage, so no one dare to mess up with him. That's rich people's game.

Anyway, those are just my observation and comments. I personally do have great respect to him as a successful businessman and confident person. I read his books and watch The Apprentice, and I'm into what he advice. It's useful.

I wish all the best for Trump as the coming president, hope he can really makes America great again!

Live Again But Even Worse?

Have you ever think of back to the future and live again?

Sometimes, or most of the times, we made wrong decisions and bad things happened on us. How we wish to go back to the future and do the right things and make us rich!

I watched a China local made comedy movie last night, named 'Goodbye Mr. Loser'. That's reminds me of a Hollywood movie 'Click' act by Adam Sandler which I watched about 10 years ago. The story line depicts about a useless man where he doesn't work since graduated and fully relying on his wife for a living. His wife was his school mate and they grew up together. But he is not happy about his current situation.

One day, he attended his first love (campus belle) wedding luncheon, he was humiliated by his wife and he falls asleep in the wash room. When he wake up, he is back to the secondary school time. This time, he is trying to avoid his wife and go after his campus belle. The interesting part is, he thought of create and sing back those songs that the 'future' celebrities have sang, including Jay Chow's songs, etc. So he got rich very easily after that and get everything he wants physically.

However, he doesn't feel happy as he was before. His new wife, campus belle married to him because of his money and fame. They do not really have love in between. One of his ex-classmates sticks with him because of the same things as well. And he is also sick and under pressure of those celebrities keep pressing him for composing new songs. So he started to spend money to have relationships with many other women.

One day, he bumps into an ex-classmate and he told him about his ex-wife sacrificed her body for him in an incident. He was so touched and he started to think back the beauty of his ex-wife, and what did he did for him. He regrets what he did and he is trying to give up everything and retrieve back his ex-wife. But it's too late, his ex-wife has married to his ex-classmate. He tried to exchange all his wealth with his ex-classmate for his ex-wife, but he was hit by his ex-classmate and admitted to hospital.

After that, the doctor found out he is infected with HIV. At the same time, his mother falls in love with his ex-classmate who loves his money. He feel that he was in disaster and a lot worse than his previous life. He decided to give up his life by declining to accept HIV treatment.

After all the disasters, he wake up and realized he just fall asleep in the wash room. He happily rush out and look for his wife. They got back and live happily together after that. That's more or less the same story line with 'Click' isn't it?

I was crying like hell when I watched towards the end of 'Click'. And I watched it few times! So for this one, I did drop my tears, but not as bad as Click as it is more or less the same story line.

Well, what's the similar moral of the 2 stories?
1. Don't upset about your current situation or problem. If you are given a chance and live again, it might be worse of making other decisions. Be happy, face and enjoy it, because you only live once!
2. Get rich or pretty girl friend doesn't means you can handle it, there's too many things you need to sacrifice!
3. Treat your girl friend or wife better, because she may be the best candidate among all!

On the other hand, the story doesn't ask you not to work hard to create your own wealth. Just that we try not to look back anymore, but move forward!

Have a nice weekend, folks.

Jobless

My mum called me yesterday evening while I was having my dinner at home.

She told me that my brother is being officially informed by his company to relocate to a suburban town (about 8 hours drive from my hometown) with pay cut of 25% and accommodation is not included. She told me my brother has no choice but to reject it and resign. She asked me if there's any vacation suitable for him over here.

In my opinion, isn't it very obvious that his boss is asking him to get the hell out of his company without any compensation. He has been working for that company for about 7 years as sales executive and that's how he being treated after all. Of course, may be he did something wrong, may be he did not hit his sales target, or the company is facing difficulty in such economy situation, I don't really know as he did not tell us about it in details.

What I want to share with you is that, you can be hardworking today, but it doesn't mean you can do so the next year same day. It's because your commitment will increase. For example, got married and having children. Or you are a top sales today, doesn't mean you will be the top sales again the next year. It's because things changed rapidly nowadays, with the advent of technology.

I have seen a 6 years consecutive top insurance salesperson suddenly shift his career to become a training / seminar coach! When being asked why, he said technology changed too fast, he cannot be continuously doing the same thing while want to get more income. So he has decided to change his career, take the big risk and try something new with a lot bigger potential income. The interesting part is, he makes use of social media to be part of his marketing tool. Well, perhaps it's very common in the developed countries. But in my hometown of only 800k population, that's rare!

In contrary, what I noticed is my brother has been doing the same thing over the past 7 years. Yes, perhaps he can easily hit the quota with his intelligence and hard work for the 1st few years and the boss should likes him. But situation and thing have changed over time. Especially with the advent of technology, thing changes very rapidly over the past few years. In addition, Malaysia economy is facing downturn since a couple of years ago. Local careers are getting tougher and complicated nowadays.

My brother is turning to 39 next year, which he falls in his mid life crisis of being jobless. He has a wife and 2 kids of 7 year old and 1 year old to feed, with the inflation rate of almost 60-80% from 7 years ago. What make him worsen is, he has no savings and rely heavily on my parents. I'm sure he is facing a lot of pressure now.

So what next for him? He told my mum he will try to look for a job. But for how confident he is, I do not know. But I need to help him. How to help? I will ask around locally and in my hometown to see if there's any job opportunity for him. That's what the best I can do for him for now.

Anyway, jobless is not hopeless. We need to encourage him to overcome this.