DON'T PUT YOUR MONEY IN A BUSINESS THAT YOU DON'T UNDERSTAND

Many people are in search of a "lucrative business." They assume that if other people are making money from it, they'll do too.

Before putting up a business, consider what Warren Buffet (the 2nd richest man on the planet) has to say:

Don't be too quick to let go of your money simply because an investment "sounds good." And don't just turn your back either without studying it, or you'll end up to be close-minded – you won't be able to find anything to start. 

If you don't know how a business works, then research and learn about it. Better yet, try to test the market or get a pulse by talking to prospective customers, suppliers, or to the people who've been in the industry long enough.

Pessimism will hold you back. Optimism is good, but don't forget to do your homework. 

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YENG REMULLA is the author of the best-selling books Productive Pinoy & Start Something. An entrepreneur for 15 years, a real estate investor and the founder partner of START LEARNING.

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PLANNING ISN'T DOING

I love planning. It's fun to strategize, to brainstorm or to dream of the million possibilities.

But what if you spend more time planning than doing?

Planning done well will save you a lot of hours. But if done wrong, it will do the opposite... eat all of your precious time!

Planning to travel the world? Book your first flight.

You intend to lose the love handles? Don't just buy "the new rubber shoes" – go run or go to the gym daily. 

Don't keep on telling the girl "I plan to marry you." Go. Propose. 

While planning is essential, "doing" is still the main point. 

Planning isn't doing. Doing is doing. 

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Get P50 off when you buy a PRODUCTIVE PINOY book online. Free delivery nationwide via LBC. To order, simply click HERE.

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THE SECRET TO SUCCESS

Walk into a bookstore aisle, you'll see hundreds of books with a title that reads something like "The Secret to Success."

It comes in different forms, sizes, colors – written by different authors from diverse industries. Every book attempts to unfold 'the secret' to building wealth. From attracting good 'vibes' to 'no money down' deals, you won't know which book to pick up first. You'll end up more confused.

There are many techniques, know-how or life skills one can learn. There are many stories that can inspire, motivate or move us toward our dreams.

But the question remains, "What is success to us?"

No doubt, more money in the bank, isn't. You've seen rich men die broke and empty. Even power, fame and fortune is a boring story you don't want to watch in the cinema nowadays.

Instead, most of us picture success as 'the good life.' Yes, the families you see in the insurance brochures, corned beef TV commercials and housing billboards. To some, it's about owning their own time and being able to do their own thing.

We've gone a step smarter. Now, we are not just after the money, but we are looking for freedom, healthy relationships, security, significance and meaning.

All of which we have the tendency to try to attain on our own.

No matter how smart, sincere or persevering we are, the day when "nothing seems to be working" comes. We try harder, but that seems to make things worst.

Don't quit.

Yes, a life of abundance is waiting for you, but you need to look in the right direction. You may need to take a u-turn. Go back to where you're supposed to be.

You may have forgotten that you were never alone. He has always been with you. He has witnessed your challenges. He felt your heartaches. He understands your situation.

There's no secret to success. It's been there for you to know all along. Stop looking in the wrong places.

"He who pursues righteousness (close & right relationship with God) and love, finds life, prosperity, and honor."  – Proverbs 21:21

Take a fresh look. Renew your pursuit.

Love God. Love your neighbors. Move within His favor.

Pursue Him.

Life, prosperity and honor will follow.

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