Tag Archives: selfish

Myths of Wealth

Change your life today. Don’t gamble on the future, act now, without delay. – Simone de Beauvoir

Reading the foreword by Dan Miller for Jaime Tardy’s The Eventual Millionaire. There is some misconception on wealth.

Myth 1:  We chase after money directly.
Money is a byproduct. Money is the result of values that we put in for other people. People pay us for a work well done.

Myth 2: Envy other rich people.
Successful rich people do not envy other rich people. They learn from them, and still remain humble. They learn from others, and at the same time, teach others as well.

Myth 3: Be greedy and stingy.
Wealthy people are not stingy. They freely share, for they believe that there is enough wealth for everyone. They believe in abundance.

Myth 4: Wealthy people are selfish.
We do not live for ourselves alone. We live by contributing and helping one another. The richer we are, the more we are in a position to help others.

Myth 5: Rich is a game of luck.
We don’t get rich by being lucky. We get rich by putting in the effort, chasing after the opportunities, being relentless in pursuing our dreams.

Differentiate facts from myth and you will be well on your way to wealth.  Don’t be ignorant. Don’t be stubborn. Live your life well – in happiness and full of abundance.

 

Meng

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Think Win Win

To effectively communicate, we must realize that we are all different in the way we perceive the world and use this understanding as a guide to our communication with others. – Tony Robbins

Stephen Covey has written a great classic, called The 7 Habits of Highly Effective People.

In his book, the fourth habit is Think Win/Win.

Everyone has their own goals and interests. These are different for each person.

Therefore, whenever we interact with other people, there will be a conflict of interest. Especially when it’s a negotiation.

There are a few outcomes from this interaction – Win/Lose, Lose/Win, Lose/Lose, or Win/Win.

Win/Lose is a selfish mindset. We aim to meet our goals without considering the impact on other people. We may win in this deal, but others would wise up to not interact with us in the future, just as the proverbial burning the bridge.

Lose/Win is an attitude of giving in to others. We may think of ourselves as selfless, but this is just a coward way of interaction. This would only give others the opportunity to step on our head and disrespect us.

Lose/Lose is an act of ego. It is based on the attitude of if I were to lose, you would come down with me. An outcome that would bring a loss to everyone involved, all because of ego standing in the way.

Win/Win is the attitude of seeing things ideally. We may have conflicting interests, but we are willing to go the extra miles so that we can each achieve our goals. To think out of the box, so that the goals are not mutually exclusive. It’s about thinking through our options and considering the best alternatives for both short- and long-term.

How differently would you view your interactions?

Be wise enough to consider all the options.

Be kind enough to think Win/Win.

Be strong enough to walk away if can’t.

Be smart enough to think long-term.

How would you communicate today?

 

Meng