It's the last day of the year... so here is my last post for the year 2009... wishing everyone a great year ahead.. and bidding the year 2009 a farewell...
Signed,
Jesse Alex
P.S. OMG!!!! No Post at all in Nov?????
This blog is meant for all who believe Life is beautiful and worth living...
POWER OF MONEY
BY ADAM KHOO
(Singapore 's youngest millionaire at 26 yrs.)
Some of you may already know that I travel around the region pretty frequently, having to visit and conduct seminars at my offices in Malaysia , Indonesia , Thailand and Suzhou (China ). I am in the airport almost every other week so I get to bump into many people who have attended my seminars or have read my books.
Recently, someone came up to me on a plane to KL and looked rather shocked. He asked, 'How come a millionaire like you is traveling economy?' My reply was, 'That's why I am a millionaire. ' He still looked pretty confused.
This again confirms that greatest lie ever told about wealth (which I wrote about in my latest book 'Secrets of Self-Made Millionaires'). Many people have been brainwashed to think that millionaires have to wear Gucci, Hugo Boss, Rolex, and sit on first class in air travel.
This is why so many people never become rich because the moment that earn more money, they think that it is only natural that they spend more, putting them back to square one. The truth is that most self-made millionaires are frugal and only spend on what is necessary and of value. That is why they are able to accumulate and multiply their wealth so much faster.
Over the last 7 years, I have saved about 80% of my income while today I save only about 60% (because I have my wife, mother in law, 2 maids, 2 kids, etc. to support). Still, it is way above most people who save 10% of their income (if they are lucky).
I refuse to buy a first class ticket or to buy a $300 shirt because I think that it is a complete waste of money. However, I happily pay $1,300 to send my 2-year old daughter to Julia Gabriel for Speech and Drama c lasses without thinking twice. When I joined the YEO (Young Entrepreneur' s Orgn)a few years back (YEO is an exclusive club open to those who are under 40 and make over $1m a year in their own business), I discovered that those who were self-made thought like me. Many of them with net worth well over $5m,travelled economy class and some even drove Toyotas and Nissans - not Audis, Mercs, BMWs.
I noticed that it was only those who never had to work hard to build their own wealth (there were also a few ministers' and tycoons' sons in the club) who spent like there was no tomorrow. Somehow, when you did not have to build everything from scratch, you do not really value money. This is precisely the reason why a family's wealth (no matter how much) rarely lasts past the third generation. Thank God my rich dad foresaw this terrible possibility and refused to give me a cent to start my business.
Then some people ask me, 'What is the point in making so much money if you don't enjoy it?' The thing is that I don't really find happiness in buying branded clothes, jewellery or sitting in first class. Even if buying something makes me happy it is only for a while; it does not last. Material happiness never lasts, it just gives you a quick fix. After a while you feel lousy again and have to buy the next thing which you think will make you happy. I always think that if you need material things to make you happy, then you live a pretty sad and unfulfilled life..
Instead, what makes me happy is when I see my children laughing and playing and learning so fast. What makes me happy is when I see my companies and trainers reaching more and more people every year in so many more countries. What makes me really happy is when I read all the emails about how my books and seminars have touched and inspired someone's life. What makes me really happy is reading all your wonderful posts about how this blog is inspiring you. This happiness makes me feel really good for a long time, much much more than what a Rolex would do for me.
I think the point I want to put across is that happiness must come from doing your life's work (be it teaching, building homes, designing,trading, winning tournaments etc.) and the money that comes is only a by-product. If you hate what you are doing and rely on the money you earn to make you happy by buying stuff, then I think that you are living a life of meaninglessness.

Last weekend was pretty terrific and lovely... it all started with my friend Carmeline's birthday on friday. We gave her a pretty good surprise throwing her a party, which lasted pass 1 am. I woke up at 9am the next morning, watched a couple of episodes of 'How I met your mother' and headed off to a lunch with Mike and the gang. One of our friends, Christopher had come to the city for a few days and so we met up for lunch. It was a wonderful time we spend talking about our childhood memories.
school and how we all were a mischievous lot and tried doing the impossible things. Some of the things I am not sure if I can post it here due to privacy issues.. but soon after that I had my church band rehearsal. Finishing that came back and watched more of 'How I met your mother'. Yeah I love watching it, but its so cool and besides Barney reminds me of my Animation professor Mr. Lloyd from Arena Multimedia. Lloyd used to try to hook me up with all the women I met just as Barney tries to hook up Ted with every girl he comes across with.
Yesterday, we had our 3rd day in the studio. Was a crazy day. I had my drummer Ashish Malvi too with me this time. We left on his bike and half way down it began to rain. It was just slight showers to begin with but soon it began to pour and I was half wet before I reached the Studio. But it was nice getting wet for once in the rain. You remember all the childhood memories. So anyways we reached the studio before time and began to work on the guitar parts for the track 'All I Need'.







