Friday, July 24, 2009

Chasing the dream or the money?






OK! So, are we running slow?
I hope not atleast in our actions. Am as usual always running out of time to do things that i wish to, to study things that i need to, and to pursue the hobbies i love to spend time on. Amidst all this, just yesterday one of my very old frnds happend to ask me "dude, whats your dream business?"

Hahaha! You know what? For most of us, we are not yet sure if we have a dream of becoming a business owner, an high paid employee (in whatever proffession), dancer, photographer, singer, DJ, actor or any other fucking thing on this planet. The funny thing about the question my friend asked me is that, how the heck do I make sure if I want to be into some business......let go the dream business!

So, the food to gulp down here today is, what is it that you want to be. We will come to the becoming rich part later. As the great cricket commentator Harsha Bhogle says "pursue your dreams and money n fame will follow you" I cant approve this till i experience it myself. But still, i find sense in these words. If you have been a regular reader here, you can make out that we are referring to our research work that we are supposed to be carrying out all this time.

Well, for me the dream is to be RICH! That simple. I want to be rich enough to visit any part of the world without giving much thought to the cost factor, without worrying much about the time availability (from official work ofcourse), without sacrificing any of my meagre luxuries of daily life (for several months to save such amounts), bla bla bla. I want be rich enough to eat and drink whatever i wish, wherever i wish and a million other things like that the general middle class cant afford that simply. Now the rest of the part......I dont know!.....if i want to be a businessman, a photographer, architect, painter or what! I am just fine with anything on the way to become rich as long as the task is not illegal! ;)

Fine enough, our homework here seems quite simple, but is a very tough one. Do you know whats the only way out to be sure of what your ultimate dream is? You have to try each of them (those you feel are your dream jobs) one by one. You may yell "I dont have that much time and energy to try sorting out what my dream job is"
Well sweetheart, nearly all the riches ever lived on planet earth has confessed that money can make you work till some time, but once you are comfortably rich, you will hate yourself for not doing what you love to do. If your innermost desire was to be an actor, then becoming a ultra-rich property builder would never give you the happiness we are chasing! I can hear you shouting "When i will be ultra rich, i can buy comfort for all my pains". And that my dear is going to be anything but happiness. You may become a drug-addict at best! and u will always pity yourself.

Monday, July 20, 2009

Making money work!




So, i believe we have started our research work on the market we want to target our limits and scope of our powers on which we are going to bet our efforts to become rich (plz refer my previous blog if you are not getting me).

Fine enough! These days its more often when you get to hear this around: "Dont work for money, but make money work for you". I doubt if many of us believe this is possible or happening. Well, just to give you an example, there are people (lets refer them as Mr. Lender) in every part of earth who have few thousands saved, they would rent it to neighbours or neighbouring shopkeepers and charge an monthly interest on it or even daily! If you are smart enough, you already know where i am heading :)

No prize for guessing it right. We are talking about trading. I encountered an awesome quote recently which said "A successful relationship is where you give someone what he wants in return of what you want". Plain, blunt but true. Thats what happens in both the cases, the first example of our local money-renter and the trading market.

You give money to someone when he needs and you get the benifits later. Since this blog is meant for people who are dieying to become rich, so we will talk trading of money only. Lets leave rest other lucrative things like flesh trade etc to the social activists! ;)) We'l get back to them wen we become rich.

The reason we are discussing trading here is because we are going to need it sooner or later when we will start minding our business. Our Mr. Lender is multiplying his money by doing nothing himself. He has left the money with someone (lets refer this guy as Mr. Worker) who is going to use it to create money for himself. And the money he makes will be shared with Mr. Lender. Simple enough, Mr. Worker got money from Mr. Lender when he needed it and Mr. Lender can now ask for higher returns as Mr. Worker grows. As we start minding our busniess, we are going to be Mr. Worker, but right now we can be Mr. Lender.

Now the cliche':: Dont get tempted by this idea of getting returns by doing nothing. If you have ever seen Mr. Lender in real, he is never rich. He will have few thousands to spare and he will always have those few thousands only. Real money and the fun to make it comes when you taste sweat.

Lets streamline our course of action now. Becoming a local Mr. Lender is absolutely worthless and humiliating. There is a smarter and more regulated way of becoming Lender. Start playing with stocks. It will teach you the basics of business and the water-cycle of money market. I will talk about it here someday later. Right now we have to learn what Mr. Robert Kiyosaki teaches. Invest your money into something which will use ur money to create more money. Major examples would be stocks, real estate etc. You have to learn it if you are a serious Mr. Rich aspirant. Start with few thousands. Dont play gamble. Making money is no magic. Learn the way a kid learns to crawl, then stand stumble and then walk and then run! We sure are going to learn hell lot of things :)