Life and Business Lessons

Jesus one day was out in the front of the synagogue watching people come in and with Him were his disciples – and the custom was before they came into the synagogue, they deposit a contribution in the treasury. The story said some came with large contribution and went in, and some came with small contribution and went in, and as the disciples and Jesus watch, a little lady came along and she put two pennies in the treasury and walked in.

Jesus said, “Looked at that!”
And His disciples said, “Two pennies?
What’s two pennies?”
Jesus said, “No you don’t understand, she gave more than everybody else.”
They said, “Two pennies is more than everybody else?”
Jesus said, “Yes, because I’m sure that two pennies represented almost all of what she had.”

She gave the most! What a classic philosophy.

Here is what did not occur in this little scene : When the little lady put her two pennies in the treasury, Jesus and his disciples did not ran after her and said, “Hey.. Hold it little lady, we’d observed what’s happened with putting the two pennies in the treasury and we’d decided that you’re so pitiful and you’re so poor that we’d decided to give you back your two pennies. "

I’m here to tell you that did not occur. So make this note from this little story. Jesus left her two pennies in the treasury, even though it was the most of what she had. Wow..! That’s such a classic lesson in philosophy, that’s such a classic lesson in what all of us are involved in making contribution. Shouldn’t everybody wish to pay?

The government has to decided to leave some people that they consider poor and pitiful off the tax role, see that’s unthinkable. Even the only pay a dollar, so they can able to say, “I pay! I make my contribution, no matter how poor I am, if all I’ve got pennies, I give some as contribution, whether it’s taxes, benevolence, or whatever it is. Isn’t that a good story? Read More...

So what would be the good philosophy to follow?

First my suggestion, don’t spend more than 70 percent. Of course 10 percent from your income for charity (church), supporting multi project. It is a good place to start, it’s easy to give $1 out of $10 (10 percent out of 100 percent). Little more difficult to give a hundred thousand out of a million. You’d say, “If I had a million dollars, I’ll give hundred thousand. Well, I’M NOT THAT SURE ! Haha. We’ve better start you early, right? So when the big money come, it’ll just be automatic, you don’t have to think about it.

The next 10 percent
: ACTIVE CAPITAL. Try to make a profit. It’s call BUY AND SELL, means you try to make the profit, keep saving up these active capital until you’ve got something to work with to buy and sell.

The next 10 percent : PASSIVE CAPITAL, which means let’s somebody else use these 10 percent, you put these to work and see if you could make a profit. This is to let someone else use it, you are the passive partner in providing the money they are the active partner and see if they can make a profit and pay you dividend and their stocks increase, interest, whatever.

And that little formula is a good place to start, now you might really able not to start there, maybe by the time you heard this, you are in such in bad shape that you have to go here : 97 ; 1 ; 1 ; 1. That ninety seven is for your living and that three percent for charity, active capital, and passive capital. THE KEY IS TO START WITH SOMETHING ; IT’S NOT THE AMOUNT THAT COUNT, IT’S THE PLAN THAT COUNT.

“If I had more money, I’ll had a better plan.” Well this is bad idea.
“If I had a better plan, you’ll have more money.”

So you’ll have to. These now will become an exciting game to play, about measuring progress. This is one of the great motivating factors in the world is TO START SOMETHING AND MAKE THE PROGESS. So the ideal is 70 ; 10 ; 10 ; 10. But I can’t start there, you say. I’ve got to start with 97 ; 1 ; 1; 1. And here’s which you got to understand, THIS IS OK !! And this is the whole game to play. Now, when you start getting into the big money, this number has to change again. So you have to you start here, to make the ideal one. Read More...

Here’s the one of the major goals to go for : FINANCIAL INDEPENDENCE. Everyone has right privilege to become financially independence. So here’s my definition of financial independence : THE ABILITY TO LIVE FROM THE INCOME OF YOUR PERSONALLY INVESTED RESOURCES. That’s the simple definition. Here’s one of the advantages of financially independence, NOW YOU CAN WORK OR NOT WORK or you certainly choose the work to do, now you can work by choice not by necessity.

And here’s one of the best, TO BE ABLE TO WORK FOR JOY and not for necessity. At first of course we have to work for necessity, but if you can reach the point where you can work for joy not for necessity ; debt free, no one having a claim on your asset, finally being able to live from the income of your invested resources.

Key phrase to understand, we should teach this to your children. ECONOMICS IS MAJOR. Everyone has to major in economics, number one is the PERSONAL SURVIVAL, to produce enough to take care of your self. the first economics. The next good phrase on economics : IT’S NOT WHAT YOU EARN, IT’S WHAT YOU DO WHAT YOU’VE EARN that makes the great different in your financial future. All of these is determined by your own philosophy. It’s important for early, and kids have to have a personal philosophy working even they when go to school. Here’s a good definition of your philosophy : A GUIDANCE SYTEM.

In it does simply two things : (1) HELP YOU TO SEE THE OPPORTUNITIES : TAKE ADVANTAGE OF THOSE ; (2) HELP YOU TO SEE THE DANGERS : MINIMIZE THOSE. And as we learn a grow we learn hopefully early to spot the dangers so it doesn’t over come us. We hopefully we learn early to see the opportunities, and take advantage of those, maximize as we can. That guidance system is like a sail on a sailboat. The wind is always blowing, favorable wind on favorable winds, storming winds, political winds, THE WIND IS ALWAYS BLOWING
.
But to arrive a pre-determined destination, it’s not just the blowing of the wind, that we have to deal with, here is the major part : THE SET OF THE SAIL, of what you learn, gathering this information, talking to each other, guidance how to trim the sail, set the sail, the Sunday morning sermon, the lyrics of the song, the dialog of the movie, words put in to good structure, so that they delivered in enlightenment, information, knowledge, and we use that to set sail, and it isn’t that to set sail once, and that’s it and it’s over, but it is a continual setting of sail everyday, every months, every year, setting sail economically, trimming the sail ; for your good health, you have to set sail to work the destination you wish to reach having good health. Then it is easy to neglect, then it is easy to slide.

Here one of the better phrases : EVERYTHING BY LONG CAVITY TENDS TO GET OFF COURSE. When the early astronauts make those trips to the moon, on the way to the moon : here’s what they had to engage in ; MID COURSE CORRECTIONS. They look at all the gauges and some of sore winds that didn’t expect has push them of course, as they looks at the gauges. Now the must fire the rockets to get the spaceship back on course, and it specially if you’re headed for the moon.

If you’re in aero plane and you miss Jakarta or Los Angeles maybe, you know you’re OK. But you can’t miss the moon. And here’s why : If you miss the moon, you can’t get back. So put this little note now, it is a pretty serious note : SOME DESINATION ARE CRITICAL. Speaking of going to the moon, Neil Amstrong in his little talk : “Going to the moon was just a matter solving a couple of problems.” I thought “That is a simple way to put it.”

Problem #1 : HOW TO GET THERE? (and you just figure that out).
Problem #2 : HOW TO GET BACK? (and you just solve that)

Now we said that’s also critical NOT TO LEAVE UNTIL YOU SOLVE BOTH PROBLEMS. I thought that was classic, haha. Speeches and information give us so much to chew on, right? Read More...