Showing posts from 2011

Review of Secrets of the Millionaire Mind by T. Harv Eker – Think Rich to Get Rich

This is a book that the author heavily advertises his Millionaire Mind Intensive and other seminars, however, he points out 17 Wealth Files that can inspire many people.

Wealth File #1: Rich people believe “I create my life.” Poor people believe “Life happens to me.”

Wealth File #2: Rich people play the money game to win. Poor people play the money game to not lose.

Wealth File #3: Rich people are committed to being rich. Poor people want to be rich.

Wealth File #4: Rich people think big. Poor people think small.

Wealth File #5: Rich people focus on opportunities. Poor people focus on obstacles.

Wealth File #6: Rich people admire other rich and successful people. Poor people resent rich and successful people.

Wealth File #7: Rich people associate with positive, successful people. Poor people associate with negative or unsuccessful people.

Wealth File #8: Rich People are willing to promote themselves and their value. Poor people think negatively about selling and promotion.


Review of Unfair Advantage by Robert Kiyosaki

This is the latest book published by the New York Time's best selling author of Rich Dad, Poor Dad Robert Kiyosaki. He states that year 2010 was the best year for his entire life, despite the fact that it is the worst year for millions of people around the world.
During the last few years, millions of people have lost their jobs, trillions of dollars have wiped off from the global stock markets and people's pension pots have been shrank by half. Then why Robert Kiyosaki and the rich are becoming richer and richer , while the poor is becoming poorer and poorer? Why even some of the middle class have fallen into the poor class?
Robert Kiyosaki states that this is because he has superior financial education than most people. He has made his fortune during the bad times, while millions around world are struggling. He can see opportunities as a real capitalist, while others only see the danger. He decided to write this book not to brag about his good fortune, but to financially …

Review of Midas Touch by Robert Kiyosaki

The Midas Touch Five Fingers Represent:

The Thumb: Strength of Character, ability to turning bad luck into good luck.

The Index Finger: F.O.C.U.S, focus on what is really important and what you really want.

The Middle Finger: Establish a strong brand. A product or service without a strong brand is a commodity.

The Ring Finger: Relationships, every business is a people business; you need great partners, you should be a great leader to inspire your employees and need to be responsible for your customers.

The Little Finger: Little Things That Count. There are huge difference between little things that count and thinking small.

With Midas Touch you can turn your small business into a large B quadrant business.

Happy Chinese New Year 2011 Guo Nian Hao, Gong Xi Fa Cai, Celebrating the Year of the Rabbit

Today is 1 January 2011(western calendar: 3 February 2011), according to the Chinese lunar calendar, the year of the rabbit starts from today.

The date for the Chinese New Year is different every year if you are using a western calendar, but normally falls between January and February.

The Chinese New Year is also the time for family reunion, and it is the Chinese equivalent of Christmas celebrations in western countries.

The Chinese New Year is also called Spring Festival and it is the biggest day for celebration in mainland China, Hong Kong, Taiwan, South Korea, North Korea and Singapore. Chinese New Year is also one of the five major celebration days in Malaysia.

The Rabbit Years:

Years 1891, 1903, 1915, 1927, 1939, 1951, 1963, 1975, 1987, 1999, 2011, 2023, 2035, 2047, 2059, 2071, 2083, 2095, 2107...

Characters of People Born in the Year of the Rabbit:

It is said that people who are born in the year of the rabbit are the luckiest of all among the 12 Chinese zodiac animals. People …

Review of Own Your Own Corporation by the Rich Dad's Advisor Garrett Sutton

When you are starting a new company, there are several entities to choose from. Currently in the USA, there are six entities available for the entrepreneurs to choose. The Rich Dad's advisor, Garrett Sutton , the corporate attorney explains which are the bad entities, which are the good entities to choose and explains the reasons behind these.

To succeed in business, to protect your assets and to limit your liabilities, you will want to select one of the good entities. Each good entities has its own advantages and disadvantages and has its own specific use. Each one of these good entities is utilized by the rich and the knowledgeable in their business and personal financial affairs.

1. Sole Proprietorship. Garrett Sutton says Sole Proprietorship is a Bad Entity, as this provides no asset protection for the owner. One lawsuit against your business, and your house, savings, and personal assets can all be lost.

2.General Partnership. Garrett Sutton says General Partner is a Bad…