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Kamis, 30 Agustus 2012

Why Your Beliefs Determine Whether You Are Rich Or Poor


Have you ever heard of the phrase that the rich get richer, and the poor get poorer? Well, many people think that it is obvious because when you are born rich, you have all the money to go to the best schools, the money will allow you to continue to start companies that will make you rich, or simply that you will just inherit the money and continue to be rich for the matter.
Well, this is true in some cases. The main reason why children of wealthy parents tend to continue to be wealthy is because they inherit the beliefs that support wealth. And they inherit these beliefs of wealth from their parents and their relatives. They believe that it is a normal to run a company, to go to college and to make a half of million a year and drive a Mercedes Benz. They know it is possible because they see the people around them doing it.
On the other hand, many people who are born in poor families adopt beliefs of the poor. What they see around them become their role models, their parents and their relatives. They see their friends, they see their parents earning low wages and in lower income positions and struggling to get by every single month.
So, after a while, they start to believe that, that is their reality. These beliefs limit their dreams and their actions. They do not dare to go beyond what they see around them.
One example here happened during a training session with a student from a government school.
There was a student who did not set a goal to get a university degree. So when I asked him, “Why do not you want to go to college?” “Why do not you want to get a degree?” You know, he told me that no body in his family can study and that no body has ever made it pass their ‘O’ level exams in his family.
And there are many cases where many people who are born into poor families eventually break out of the cycle of poverty and become extremely successful and wealthy.
It is because along the way, they had managed to meet powerful role models that gave them the beliefs of possibility that brought them out of their little world they were living in.
By adopting the beliefs and mindset of empowering role models, we can change our financial status, environment, results and destiny.

The Biggest Lie Ever Told About Wealth


Why is it that 90% of the population finds it so difficult to become rich? It is because all of us have been told the greatest lie of all, the lie that has been keeping us from becoming rich. Before you can ever become wealthy, you must first discover the truth about wealth and remove the wool that has been pulled over your eyes for way too long.
Let me start off by asking you to do a simple exercise. I would like you to close your eyes and picture a millionaire in your mind. Picture the clothes the person is wearing, the car he drives, how he spends his money, how he spends his day and how he dines. Go ahead and do this NOW before you go onto the next paragraph.
Well, what picture came into your mind?
If you are like most people, you would have pictured a millionaire as someone who wears the latest, branded clothes, who drives the newest luxury car model, who spends lavishly, who dines in fine restaurants and spends on the priciest, choicest dishes and most superb wines.
You may have imagined someone who is relaxing in a cushy leather upholstered armchair in his mansion or yacht, puffing on his Havana cigar. Why is this so? It’s because of the way we have been brainwashed by television and movies to think this is the way millionaires live and spend their money. It is precisely these beliefs and habits that actually keep us from becoming wealthy!
The truth is that very few self-made millionaires live this way. In fact, the only ones who do live this indolent, self-indulgent lifestyle are the minority of millionaires who either inherited all their wealth or who made their money through sports or entertainment. And all of them usually have one thing in common. They inevitably end up losing everything within ten years. Their wealth is only temporary. Look at Mike Tyson, Michael Jackson, Bobby Brown and a whole list of other celebrities who made hundreds of millions within their careers. They are either all broke or heavily in debt today.
In the New York Times Best-Selling book ‘The Millionaire Next Door’, Thomas J. Stanley interviewed 300 self-made American millionaires to find out how they think, how they earn their money and how they spend their wealth. What he discovered was a shocking revelation that made his book an instant best-seller.
It was discovered that many people who had high paying jobs, drove the latest luxury cars and wore the latest designer clothes and who appeared to be have millions to spend, were usually broke with a low personal net worth. Most of these professionals and senior executives of multi-national companies were what he termed ‘Under Accumulators of Wealth (UAW)’.
In contrast, those who were actual millionaires (that is those with a net worth of over US$1 million) lived very frugally and well below their means. Eighty-percent of them were born poor or from middle class families. They wore inexpensive suits and never bought a watch that cost more than S$500. Most of them drove secondhand cars, never bought the latest models of vehicles and they usually invested a minimum of 20% of their income in the stock market or private businesses. He termed these people ‘Prodigious Accumulators of Wealth (PAW)’.
So if creating a million dollar fortune is what you’re aiming for, do what the actual millionaires do and you will accumulate wealth faster than the big spenders ever do.

Adam Khoo

About Adam Khoo
Adam Khoo

Adam Khoo is a well-known entrepreneur residing in Singapore. He is also a best-selling author as well as a peak performance trainer.
At the age of 26, Adam became a self-made millionaire.
He is the owner of numerous businesses in training, advertising and event management, and seminar training. The combined yearly turnover of his various businesses were in excess of $30 million.
Leading Adam Khoo Learning Technologies Group Pte Ltd as the Chief Master Trainer and Executive Chairman, Adam is also holding directorship of 7 other companies.

He has many best selling books which included:
- ‘I Am Gifted, So Are You!™’ (ranked MPH#1 best-seller in 1998/1999.)
- ‘How to Multiply Your Child’s Intelligence™’
- ‘Clueless in Starting a Business™’.
- ‘Master Your Mind, Design Your Destiny™’ (second highest selling book in Singapore in 2004, and was on the best-sellers list for 36 consecutive weeks.)
- ‘The Secrets Of Self-Made Millionaires’ and ‘Secrets of Millionaire Investors’ (both books stayed on No 1 spot on Straits Time Best Sellers List for more than 52 weeks)
- ‘Nurturing the Winner and Genius in Your Child’
- ‘Secrets of Building Multi-Million Dollar Businesses’
- ‘Profit from the Panic’
- ‘Secrets of Successful Teens’
- ‘Profit from the Asian Recovery’ co-authored by Jason Wee.
Adam has an honors degree in Business Administration (BA) from the National University of Singapore (NUS) and is also a licensed Master Practitioner and Trainer in Neuro-Linguistic Programming (NLP).
For more than 15 years, he has trained over 500K+ students, teachers, professionals, executives and business owners to tap into their personal power and to achieve excellence in their various fields of endeavor. His corporate clients include ST Engineering, Singapore Police Force, F&N Coca Cola, Infocomm Development Authority (IDA), Ministry of Defence, UOB, Great Eastern Life, Hewlett Packard, Apple Inc, Accenture Consulting and many more.
Adam is also regularly featured in regional media such as the Straits Times, the Business Times, the New Paper, Lianhe Zaobao, Channel News Asia, Channel U, Channel 8, Newsradio 938, The Hindu, The Malaysian Sun and many others.
In 2007, he was ranked among the top 25 richest Singaporeans under the age of 40 by the Executive Magazine.
In 2008, Adam was awarded the NUS Business School Eminent Alumni Award for being one of Singapore’s most successful and prominent business leaders.

All About Adam Khoo


Adam Khoo is an entrepreneur, a best-selling author and a peak performance trainer. A self-made millionaire by the age of 26, he owns and runs several businesses in education, training, event management and advertising, all with a combined annual turnover of $30 million. He is the Executive Chairman and Chief Master Trainer of Adam Khoo Learning Technologies Group Pte Ltd and a director of seven other private companies. Adam is also a member of the Singapore Chapter of the Young President’s Organization (YPO).
He is also the best-selling author of 12 books including ˜ I Am Gifted, So Are You!™’ that was ranked MPH#1 best-seller in 1998 and 1999. His other books include ˜How to Multiply Your Child’s Intelligence™’ & ˜Clueless in Starting a Business™’.
His book ˜Master Your Mind, Design Your Destiny™’ which was the second highest selling book in Singapore in 2004, was on the best-sellers list for 36 consecutive weeks. His latest two books are ‘The Secrets Of Self-Made Millionaires’ and ‘Secrets of Millionaire Investors’ which have both stayed on the Number One Spot on the Straits Times Best Sellers List for more than 52 weeks. His most recent books are ‘Nurturing the Winner and Genius in Your Child’, launched in April 2008, ‘Secrets of Building Multi-Million Dollar Businesses’ launched October 2008, ‘Profit from the Panic’ launched in January 2009, ‘Secrets of Successful Teens’ in June 2009. His latest book is ‘Profit from the Asian Recovery’ co-authored by Jason Wee. His latest book released in April 2012 is titled ‘Winning The Game of Life’ that hit number 5 on the National Best Sellers list.
Adam holds an honors degree in business administration from the National University of Singapore. As an undergraduate, he was ranked among the top one percent of academic achievers and became a pioneer in the Talent Development Program, which is the university’s Gifted program. He is also a licensed Master Practitioner and Trainer in Neuro-Linguistic Programming (NLP).
Over the last 15 years, he has trained over 500,000+ students, teachers, professionals, executives and business owners to tap their personal power and achieve excellence in their various fields of endeavor. Some of his corporate clients include ST Engineering, Singapore Police Force, F&N Coca Cola, Infocomm Development Authority (IDA), Ministry of Defence, AIA, Prudential Assurance, Ernst & Young, Exxon Mobil, Unilever, Citibank, UOB, ABN Ambro, NETS, Great Eastern Life, Hewlett Packard, Sun Microsystems, Texas Instruments, Mediacorp, Apple Inc, Accenture Consulting and many more.
His success and achievements are regularly featured in regional media like the Straits Times, the Business Times, the New Paper, Lianhe Zaobao, Channel News Asia, Channel U, Channel 8, Newsradio 938, The Hindu, The Malaysian Sun and many more. In 2007, he was ranked among the top 25 richest Singaporeans under the age of 40 by the Executive Magazine. In 2008, Adam was awarded the NUS Business School Eminent Alumni Award for being one of Singapore’s most successful and prominent business leaders.
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