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Showing posts with label risk.. Show all posts
Showing posts with label risk.. Show all posts

Monday, 28 January 2013

Rich Kid Vs Poor Kid.

Just the other day, I was talking to a man about the Richest Black Woman and made mention of her having a wealthy family background. He said she was business smart, contrary to most rich kids who place no value on money and squander it.

I opposed.
Yes some rich kids do waste money, but there's a higher possibility for a rich kid to end up rich than a poor kid ending up rich.

He opposed.
When all they do is inherit the family's wealth and don't know how to manage it, they don't stay rich. Poor kids know the value of hard work, work for money and value money when they get it.

I agreed but not totally.
Even if rich kids lose money, it is not entirely the 'end of the road' for them.
Rich kids grew in environments that taught them not to fear money, poor kids learn to fear money and their owners.
Rich kids learn business studies in practical situations better than poor kids who may be struggling to understand the theories taught in class, because they don't find it applicable around them.
Rich kids observe the importance of relationship for leverage and learn how to use them to their advantage faster than poor kids who have learnt to base most relationships on sentiments.
Rich kids learn, to take risks, take opportunities and take action, from their parents and relations who do the same as opposed to poor kids who are gravely discouraged from taking any risks or attribute all life's circumstances to the hand of God.
And who says hard work alone has guaranteed wealth for anyone?
Rich kids just have a higher probability of getting financial and business intelligence.

"With these few points of mine, I hope I've been able to confuse you and not to convince you that..."

 All in favor of poor kids who do get rich, please drop your ThotsToShare. ;)

Wednesday, 2 January 2013

Making Your 2013 Resolutions Work.

HAPPY NEW YEAR! HAPPY 2013!


At the start of each year, we perceive new beginnings, we give ourselves new opportunities to be better at one thing or the other. So we set goals called 'New Year Resolutions'

You may have set new year resolutions in the past and not seen yourself accomplish them, so you have given up on the 'resolution' thing. But hey, if you aim at nothing you would hit it every time.

So here is a simple way of setting goals and achieving them.

Be aware of your thoughts and eliminate negative thoughts by not paying attention to them e.g Don't think I would not be sick, think I am healthy.

Write your goals as a list of things that you want, instead of a set things you MUST do. Adding necessity introduces pressure and fear. After all goals are a finish in sight we would love to see.

Don't shortchange yourself, dare, take risks, go out of your comfort zone with what you want.

Don't be afraid to plunge in and take opportunities in achieving these goals, in the process you would learn from your successes and failures.

Cultivate the habit of gratefulness, see every goal as accomplished and give thanks to God everyday for them.

Try these method faithfully and you would be happy with the results you get.

This year I want to be unsensationally sensational. Watch me as I get there.

Mjady.