Eight Secrets of the Truly Rich: A Book Review
We become poor because of financial ignorance. And, because of the teachings of the religious idiots, we cannot create material wealth, while we are receiving spiritual abundance. The national best-selling author Bo Sanchez would like to inspire and motivate the Filipinos to become truly rich.
Since the later years of the Marcos regime in the Philippines, we have economic difficulties. Many questions arise among the Filipinos. Sometimes, they ask that why there are rich and poor among us.
Rich people have many business establishments, and they continue to prosper. On the other hand, the poor people remained poor in the squatter’s area. They have nothing to fill their hungry stomach. Does God create us all? Does He have favoritism? According to some observants, God only blesses a few.
The author Bo Sanchez would like to correct this kind of misconception. He shared to the readers the “8 Secrets of the Truly Rich” so we can rationalize things around us.
Here are the 8 Secrets:
- You should be more responsible for your own success: Filipinos usually blame their misfortunes to the government, their families, the other people, God, and even the Devil. Instead of whining and complaining, We, Filipinos, should create a pattern of mindset that would lead us to good life.
- Widen your psychological wallet: Therefore, we should more confidence to ourselves that we can do everything that will lead us to our goal in life. We should not believe in the superstitions. We should train ourselves to become effective and efficient financial managers. If we failed, we should not be negative about it.
- Do not believe in the myths of the religious idiots: As of my own experiences, I am very traumatized with the teachings of the religious fanatics. All their teachings would lead us to foolishness and low self-esteem. They would teach us not to act if there are circumstances that we should take actions in accordance to our goal. They can turn you into a moron. Being an ignorant is a hindrance to achieve success.
- You should be committed to your vision: Write your vision on a piece of paper, and read it everyday. Focus on your vision. And, then take action which regards to your vision. Have confidence to yourself that you can attain your ambition. Get motivated!
- Improve your financial I.Q.: Do not be an ignorant. Read some reading materials about entrepreneurship and finance. Bad debts are like bad bacteria that should be avoided because they are very harmful. You should protect yourself. Start saving money for your retirement fund and emergency fund. You can also attend seminars which regards to entrepreneurship and finance.
- Use any vehicle that will lead you to success: By widing your territory, your leadership is tested. Are you willing to become an aspirant to others? Therefore, you should develop and train others to become potential leaders too in your organization. In short, share your knowledge to others. You can also create a passive income by investing mutual funds and stocks. Earned from these exponential income. Do not be embarrassed when you are selling your product. By selling your products, you are developing a virtue of giving a good service.
- Act: When the times that you need to decide, then decide clearly and promptly. You are created as a unique individual that is highest among other animal and plant creatures. Use your brains in discerning. Take an appropriate action when it is needed.
- Be successful in all areas of your life: Spend some quality times with your family. Treat your laborers fairly. Give a good service to your clients. Impress your boss by becoming an efficient employee. Be generous to the poor. And, then God will reward you later on.
Bottom Line: Everything we have now comes from God. We called these blessings and opportunities. We should be grateful to Him because He is our Maker and Provider. We should also be thankful to Him for everything we have.
Conclusion:
My father is a retired businessman. I am currently working in a hardware establishment. It is important for me to become financially secured. This book motivates me to become efficient and effective money-steward of God.
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