Thursday, September 22, 2011

3 Main Stages of Our Lives

There are 3 main stages of our lives.

1. When we are young, we all had our dreams.

2. In our growing stage, we have been taught that if you want to be successful, we have to work hard. We also see our parents working very hard. Even our teachers tell us that if we are to do well, we need to study hard. It is therefore, understandable why for many people life becomes very hard.

3. And as we mature, those dreams of ours become distant. Dreams become less possible or seem harder to achieve and as time goes by, some of us begin to give up on our dreams. When you are out there working, reality begins to set in.

We see some of our friends becoming rich and they don't seem to work hard. And you say they must be lucky. We begin to ask question ourselves, why and what went wrong! We get demoralised and we just do our job. We find ourselves waking up in the morning not because we want to but we have to...to go to work, to go through the traffics, eat, sleep everyday without fail for the fear of insecurity. If we do well in a job, we get a pat on the back but if not, we get kicked in the butt. We just continue to exist and we live to pass time. Does that sound familiar?

Ask yourself, how can you expect to achieve greater heights if you do not change what you are doing now? The greatest insanity is to do the same thing day in day out and expect different results. If we want to change our life, we must change what we are used to doing...NOW!

When you reach 65, and not have made that change you will find that life may not be as secure as you thought, even with all your retirement funds. The World Health Statistic showed that when we reach the age of 65, 96% of the people will be either dead or dead broke (36% will be dead, 56%will need to depend on others survive, 4% will still be working, 3% well off and 1% wealthy). You may have your dreams but the sad true is that only 1% will have true wealth.

So how did this 1% create wealth? The above statistic tells us that 74% made their wealth from owning their own businesses, 10% are professionals (i.e. famous doctors and lawyers etc.), 10% CEOs and 6% the rest.

So if you want to be in that 1 percent, doing your own business seems to be the way. Statistics has also showed that 50% of the top 500 companies no longer exist. 80% of that remaining fail within 5 years and the rest fails within 10 years of operation. When you run your own businesses, beside the usual large capital investments and the certain level of risk etc. It is very common to hear the business owners saying that they have no time, they cannot go for holidays, and they need to look after their business etc. They become slaves to the business. The business is running them and not the other way round. Even if they employ staff, they will have a whole range of staff headaches, financial headaches and many other problems. These are usual for traditional businesses.

They become slaves to the business. The business is running them and not the other way round. Even if they employ staff, they will have a whole range of staff headaches, financial headaches and many other problems. These are usual for traditional businesses.


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