I’m sure you’ve heard of the pyramiding scam that happened in Mindanao and Visayas just recently. 15,000 people lost their money amounting to a total of P12B.
40% return on investment within 7 days?
How can you resist that offer?
Shift your focus from "get-rich-quick" to "give-quick-service.” Not only will you be scam proof, but you will also end up with a reputable business.
Build a business, an asset, or a reputation that offers real value or service to people. It's slow but better than get-rich-quick.
GIVE-QUICK-SERVICE
TO SOLVE A RECURRING PROBLEM
To solve a recurring problem, you need to get to the root cause of the problem.
Many times we look at the surface and forget to examine what's underneath it.
You may not have enough money, not because of your income, but as a result of overspending.
You always get complaints from customers, not because of your service people, but because of your company's poorly designed policies.
You're easily bored, not because of your job position, but maybe you're not exploring enough or stretching your potential.
The obvious can be deceiving. When it's recurring, check deeper.
Find the root cause of the problem. That's the only way you'll be able to solve it – permanently.
TREAT IT AS SERIOUS BUSINESS
Having fun in what you do doesn't mean you're not doing "serious business."
This is true for writers, artists, musicians, athletes or anyone who 'seems' to have a much easier job.
As a writer, one of the things that I've learned is that you can't just wait for inspiration. It takes a lot of discipline, planning and hard work to produce quality content and to be heard in this noisy world.
You may have a job that doesn't sound as glamorous, but in whatever you do, have fun, give your best, and treat it as serious business.
THE PROBLEM WITH EASY MONEY
Have you heard of the question, "Kikita ba ako dyan kahit wala akong gawin?" You'll hear this from people who wants it easy.
If an investment sounds too good to be true, then maybe, you shouldn't put your money in there.
I'm sure you've heard of the latest pyramid scam that just happened in Mindanao. (P12 billion lost, 15,000 families affected)
The promise of a big and quick return (what the banks or reputable firms can't offer) with no work required on your part is a sure sign of risk or danger.
Your money can only make money for you...
1. When you use it to "create value" for a customer.
Try to use your money to buy buns, spam, pepper, eggs and cheese. You have a Spam Black Pepper Sandwich that sells around P150 in Starbucks.
Remember, your money won't grow on its own. It needs to do something for a customer.
2. When you trade it with something more valuable. (buy low, sell higher)
Say you found a good deal. You were able to purchase a car for only P200,000. After two months, you were able to resell it for P250,000. You've just made P25,000 per month for two months. (return: 10% per month)
3. When you use it to buy something that appreciates in value.
Let's say about two years ago, you purchased a P2 million commercial property in a decent location. You just found out today that SM is about to put a mall across your property.
Effect : Appreciation. Now people find your property more valuable. Your P2M is now worth P3M or more if ever you decide to sell.
4. When someone reputable (with a proven track record) puts your money to work or use it to grow their "profitable" business.
Note: Don't invest your money in a company that's trying to save an ailing business!
5. When you buy a property that collects rent every month.
(property: anything that people are willing to pay rent for – real estate, heavy tools or machinery, portalets, tables & chairs, etc)
Don't simply go for easy money. Laziness often leads to shortcuts.
To grow your money, either put it to work yourself, (faster than usual) or ask a reputable company to do it for you. The latter may take longer, but your money will still grow over time.
Wealth from get-rich-quick schemes quickly disappears; wealth from hard work grows over time. Proverbs 13:11
SHOULD I PURSUE MY PASSION?
I rarely talk about "passion." Not that I am not passionate.
I am passionate about several things. My passion has led me to achieve major aspirations I never thought I could do. But with the same passion or my immature zealousness, I've also failed miserably in a few things I've done before. (a painful lesson)
What I've learned in life is that 'passion' isn't enough.
You can't just live on passion.
You also need wisdom.
Wisdom is the ability to make the right decision at a given time, context or situation. So, how do you get wisdom?
1. Pray and read the Bible.
The bible says "The fear of the LORD is the beginning of wisdom…" (Psalm 111:10) To know what to do, pray and ask Someone who knows what's best for you. He holds the bigger picture.
2. Ask an adviser.
Asking for advice isn't a sign of weakness. It won't make you look dumb. In fact, with many advisers, you have a better chance of succeeding in any endeavor. Don't be too shy to ask.
3. Don't wear yourself out chasing "MORE" money. Instead, show restraint and put your time on living out your "purpose." Do this, and most likely, the money or provision will follow.
Self-centered pursuits or a get-rich-quick aspiration won't do you any good. The key is to be passionate about the right things.
4. Learn from your mistakes.
If you fail, get up again, then apply what you've learned. Don't let a failed business, project or a failed attempt stop you. Don't get stuck living in a "state of failure." You won't learn if you won't move on!
5. Win small victories.
Even small battles can teach you big lessons. Be faithful even with the little. Small victories will lead to bigger opportunities.
6. Remain humble.
Pride often leads to a loss of respect. (see Pr 11:2) Be willing to listen. Consider the point of view of others. Put other people first and be of service to them.
START SOMETHING 10.27.12 HIGHLIGHTS
For the last 15 years, we've heard that the only way to succeed is "to put up your own business" or to go on your own.
But we believe that in today's changing world, there's more than one way to be successful.
"START SOMETHING" is a platform where we invite ordinary people to talk about their extraordinary work and the ideas that compelled them to get started.
Hope you could join us next time!
Better yet, partner with us. Feel free to email productivepinoybk@gmail.com
By the way, the official photos are here.
Many thanks!
