Friday, April 6, 2007

What is your net worth ?


I am at the airport now waiting for my flight to Singapore.

Last night, I did a presentation in Malaysia to 150 people on acquiring businesses and property with no money down. It is an interesting topic that attracted a wide audience. There are those that come and learn and also skeptics who think it is a myth. I shared with them my experiences on how I have acquired businesses and properties with no money or little money. Most of the ideas that I shared are not what ordinary people do. Successful people don't do ordinary things too.

At the end of the talk, I also encouraged them to attend the Financial Mastery seminar on this coming 12-13 May. This seminar is based on the teachings of Robert Kiyosaki.

At the end of the presentation, 25 people rushed to sign up for the seminar. During the question and answer time, one participant asked me what my net worth is. This is the first time someone has asked me this question. It is a very interesting question. Most people do not know how much they are worth. They do not take time to do an audit of themselves. There is also another group of people who are too afraid to know their net worth because they do not want to know the truth. The truth will hurt. They are the escapists. These two groups normally do not plan their finances and their lives. If you do not plan, you will very likely not go anywhere.

Your worth is not necessarily measured in the area of money. To the people who love you, you are priceless. To God, your parents, your children, your friends, you are priceless.
You are not necessarily measured by how much money you have made but how you have contributed to people’s lives. For example, if you provide financial help to a child from a poor family to help him finish his education, he will never forget your kindness.

No one really cares if you have millions for just yourself. If you give to the world your time and money, your net worth will be measured by your legacy.

For the next few months, I will be working on listing one of my businesses. I will be sharing with you the progress. It is hard work but very interesting.

You are invited to comment on my blogs.

Thank you, Richard

4 comments:

tracyu3 said...

Dear Richard,

Thank you for ur compliment. I have been thinking what should i post in my blog during the last few days (that is why i never post till today) I personally feel that everybody are too busy with the material world until we forgot who we are (is oredi blindfold) What is my net worth? this question are very interesting. I feel that we are worth more than anything else which u said priceless. Is already within in us, we are WEALTH. Is how we show up and how many peoples we serve (adding values) everyday. Recently, a friend from Hongkong just talk to me about higher self which sound very spiritual.....she said i have to practice this, by take things easy, dont think about money (which is not ur wealth). Think about myself, how useful, lots of values, using ur own talents become ur wealth exchange of money and this will be long term richness.......

HUGS
tracy from kuching

Anan said...

Sir, please include me in your list for IPO.
With your marketing talent and hard work, I believe it will oversubscribe. With that,Maybe next year you won't have to count your net worth but forbes magazine will do it for you :)

Tracy Yu said...

Hi Richard, Your blog r v interesting. My blog one day will be as interesting as urs too. Let's share and keep on shining. You are right, there is no net worth that we can estimate/calculate in life. Is priceless. I feel that a person with right attitude is consider WEALTH.

cheers
tracy

Alvin Yudistira said...

Thanks Mr. Richard Tan, you demonstrate the example how we give the world our time and money, indeed success resources. I follow Outstanding Master.