Oni wat oku sentiasa pikir pasal ya nai dagang?
It's been some time since I've posted anything for this blog coz I've been busy with the company's board papers (I don't write nor prepare any of the board papers but mappingwise - the bosses always ask for maps that I have to preapare ad-hoc!). Nothing is predictable during 'board paper' season so I lay off the travelling for a bit and keep myself on standby mode. But in between assignments, I did find the time to contemplate about enterprising. There's an English proverb that goes, "While the rich get richer, the poor gets poorer." Now, think about it...why is that so?
If you haven't already noticed, this is the list for Malaysia's wealthiest people in 2011. The top 5 never seems to budge that much and they just keep increasing their wealth as the years go by. Now why can't poor people (I include all government servants and non-head of department executives of the private sector in this category) insanely multiply their wealth this way?
I think the reason is simple: You need money to make money!
And if the money you earn turns to dust from the beginning of the month to month's end, then there no way your money can multiply it that way.
I created a loose theory on this and I'd like to call it
"The Theory of Exponential Wealth"
This theory defines that only wealth itself can be exponentially grown into additional wealth. So an initial start-off wealth is required. The start-off wealth is money that the person or persons is willing to put aside from a fixed income with the specific intention of increasing wealth. How the wealth is increased, is up to the individual but it has to use the start-off wealth in its entirety.
Hahahaha...cool definition eh? Sounds soooo darn serious, but it wasn't so serious when i thought about it last Monday morning while was doing my business in the loo. Hahahaha. So, let say you really wanted to increase your wealth, by hook or by crook - you need to to start materializing the ways to make more money using a pre-allocated sum. I don't regard the above theory as a theory for the business world because I think wealth is attainable from activities that does not neccessarily allow the person to directly involve themselves in the act of business making. They could probably invest in the next big thing? Like those who bought Sony shared for crap prices in the '80s. Imagine if the price was just a $0.10 per share back then and its $20.00 dollars now. If you had bought 100,000 units for $10,000.00, today you'd have made $2,000,000.00!
Yeah, it sounds amazing coz even if you worked for 20 years, you can never get that much money. That is probably unless you're a Sarawakian timber tycoon who chops any tree the size of one pemeluk or become a CEO of an existing (Which very few probably can since there's ony a few thousand CEO vacancies in Malaysia and we have a population of about 20 milllion).
That's why the rich always get richer, they already have millions or billions of start-off money for each venture that 's they go into and these later on bring in millions more in return. The return is always exponentially more than the money they start with. So all I have to do now, is wait for my first RM 100,000.00 to start things off. Can anybody loan me? Hahaha.
get ASB LOAN.... THAN WAIT 10 YEARS... U CAN GET THAT..
ReplyDeleteHahahaha, too slow. Wanna make it at least faster than 10 years. If ASB I better invest specifically for my kids. But, I just love the idea of being able to be self suatainable in terms of income. At least there's also something that I can call 'my own' and worst come to worst, it'll be somethign that i can continue to do even after I retire. Hahahaha, I already got something in mind bro. Dun worry you'll hear about it soon enough.
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