Skip to main content

The More You Spend on These 3 Things, The More You Earn

Discover how to be a better manager in just 4 weeks at here
I just read this from the internet and couldn't wait to translate this to you.  This is the teachings from Li Ka-Shing, the multi-billionaire that is also the richest Chinese in the world from China's Hong Kong.  (See related article: A tale of 2 companies in Singapore at here)

There are 3 types of money in this world that the more you spend, the more you will earn.  

First Type: Invest in Yourself for Self-Growth

You must spend money on learning and upgrading yourself.  If we were to throw Bill Gates to a rural village in Africa and never give him any money, in no time Bill Gates will have money.  This is because the entire capital of Bill Gates lies in his wisdom and his brain.

If your mind is poor, your life will be poor.

In other words, putting money into your own head is the safest financial advise I can give to you.  You may say that what you learn may not be realized into gains in the short term.  But I want to tell you that even if you're broke to your last penny, your brain is still your biggest means to stage a comeback.  That's why you must invest in your own brain if you want your life to be rich.

We see many people struggling just to make ends meet, their entire lives are spent on filling up a large black hole that will never be filled up.  This is because they are unable to step back and see that their entire lives's difficulties are due to their inability to learn and seek breakthrough for growth.

Smart people know how to learn from other people's mistakes and avoid making losses on their own, which are usually very costly.  That's why they invest heavily to learning from others, because they know that one day the returns will start pouring in.   (Read here to see how to train managers in 4 weeks)

The 2nd Type of Spending: Filial to Your Parents

Your parents brought you up despite of financial difficulties.  That's why you too must give money to your parents, even when you are broke, because your parents are actually your natural environment for you to grow and prosper.

All the richest businesspeople in the world are all very filial to their parents, that's why they are so rich.

The 3rd Type of Spending: Charity

All rich people give first before they can reap.  There are always people that are doing worse than you, so as long as you have some excess money, you should give some to the poor, no matter how small that amount is. 

You can always do charity via tips, rewarding employees, donations and letting others earn more money in your daily business transactions with them

But the biggest charity is when you do a good job with a sense of gratitude. Another big charity is your smile and your endurance when someone is rude to you.  

In short, the above 3 spendings will make you rich: Self-upgrade, Filial and Charity.  Do share this note with your friends, as this is also a form of charity!

Translated by Andy Ng of Asia Trainers.  Related articles:
  1. Make everyone feel powerful in these 5 easy ways
  2. It all starts with your right view
  3. Train your people to become high contribution employees
  4. Secrets of the world's largest leader Genghis Khan
  5. How to sell the invisible 
  6. The 71 Costless Ways to Up Your Sales Effortlessly

Comments

Popular posts from this blog

Kindness as a Way of Life: How Kindness can Reward You 6 Times Over

Kindness as a Way of Life by Andy Ng Kindness is a universal language that transcends cultural boundaries, enriches human connections, and has the power to transform lives. It goes beyond mere acts of charity or random good deeds. To me, kindness, when practiced as a way of life, becomes a profound philosophy that can shape our interactions with others, the world around us, and even our own well-being. In this article, we will explore the multifaceted aspects of kindness as a way of life, touching on non-violent communication, the limitations of traditional charity, the potential harms of helping, the deliberate cultivation of kindness, and the incredible rewards it brings. 1.       Non-Violent Communication Non-violent communication (NVC) is a key component of practicing kindness as a way of life. Developed by Marshall B. Rosenberg, NVC emphasizes empathetic communication that seeks to understand and connect with others on a deeper level. It encourages active listening, empath

New Age Mobile Numerology

Many people look at 'mobile number change luck' with skepticism, they say, how can just one simple mobile number change create so many changes in a person's life?   Also, the mobile numbers are given to us by random by the telcos, how can our fate be assigned by the telcos at random? Besides, isn't it true that our lives and fates are determined by birth and what we do, how can a small mobile number, which is a modern invention, have any effect?  How about people in the past without mobile numbers?  You mean they don't have a life without mobile numbers, right? One more thing: you cannot just change your mobile number and expect your life to change. If this is so, wouldn't everybody be rich just by changing their mobile numbers? Finally, isn't this kind of fortune-telling thing more of psychology and blind faith than science?   If so, how can we trust anything that is not proven and not science? Today let's resolve all these doubts and I welcome your co

If Not You, Who Else?

I learnt this very powerful 5-word phrase from Singapore's highest ever box-office movie ever: "Ah Boys to Men II". In one scene, the recruits were about to start their 3-day field camp.  Their Officer-in-Command asked them, "Before we moved out, anybody not feeling well?"  All the soldiers replied loudly, "No Sir!!!" "Gentlemen", continued the Officer, "Every time the training gets tougher, one thought comes to your mind, 'Why Must I Serve National Service?' "My answer to you is, 'If Not You, Then Who Else?'" Wow!  What a powerful phrase!  If Not You, Who Else may mean: You are the most suitable person, and we can't find anyone better than you.  This is appreciation at the highest level How can you push this responsibility to someone else? I am making a request to you specifically, please don't reject my request Can you find me another person more suitable than you? Please refer me anot