Your Wealthy Mind

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The Steel Quality of Success (You’ll NEVER Win Without It!)

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Tagalog Version (Click Here)

Some time ago I bought a book called Zen Flesh Zen Bones: A Collection of Zen and Pre-Zen Writings and one of the stories there (“The Tunnel”) best illustrates the success lesson we’re about to learn here:

Once upon a time, a samurai’s son named Zenkai became the retainer of an official. Unfortunately, he fell in love with that official’s wife and, when he was discovered, Zenkai killed the official in self-defence. He then ran away with the woman and they both became thieves to survive. After a while, however, Zenkai grew disgusted by the woman’s greed and so he left her and he became a beggar at Buzen province.

To atone for his past misdeeds, he wanted to do something good before he died. When he found out about a dangerous road in a valley where many travelers died, he decided to carve a tunnel through the stone mountain. Begging for food during the day, he did his work every night.

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Avoid This Mistake or Lose Business Forever

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Tagalog Version (Click Here)

Some time ago our family owned a decade old second-hand maroon-colored SUV. Due to how old it was, parts of it frequently break down. Problems often start with something minor, like how the air conditioning isn’t as cool as it should be, or the automatic lock doesn’t respond as fast. When we go and get it repaired at the nearest auto repair shops, the problem gets fixed… for a while.

After a few days or weeks, bigger and bigger problems occur like the air conditioning or automatic locks failing completely, and the engines failing to start. By then we return to the auto shop and pay for repairs and new parts which work for a week, and then OTHER parts of the car start failing after a while.

Mistakes and bad luck does happen, but sometimes the problems aren’t caused by those. This is the biggest mistake that you have to avoid if you don’t want to keep losing customers and eventually lose business (or lose your career).

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Support Local! A Quick Stop at the 19th Global Pinoy Bazaar (2017)

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Every so often I travel to distant provinces to hike in scenic mountains or swim at beautiful beaches. Every time I travel, I make it a point to sample the local goods, like the coconut farmer selling coconut water, the merchant selling trinkets and tools handcrafted by his or her family, and the home-style small restaurant or eatery serving their province’s unique cuisine.

In most areas, there will always be that stray 7-eleven, big name fast food chain, or convenience store chain selling the same old cheap stuff you can find everywhere in the big cities like Manila, but I always remember to prioritize the local family-owned shops and restaurants. Big name stores are out to make a profit. The small businesses, on the other hand, were started by entrepreneurs to support their families AND showcase their unique crafts.

When I heard about the Global Pinoy Bazaar, an event by Yabang Pinoy showcasing unique Filipino-made products, I knew I had to go there and check it out.
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Why Reading Books Won’t Guarantee Success (and What WILL)

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Tagalog Version (Click Here)

We pass knowledge and wisdom to the next generation through books, articles, videos and many other forms of media. That is how society evolves and how the world changes for the better. By learning from what others have gained from experience, we skip years of costly trial and error and use what we learned to advance even further than before. By investing in knowledge, we increase our chances of becoming more successful. The more we know, the more opportunities we’ll be able to use as well as create.

There is, however, one caveat to this and it’s the reason why so many “smart” and well-read people end up in mediocrity. Do not make the mistake of thinking that “knowledge is power.” It certainly isn’t. Or at least, not knowledge alone.

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5 Effective Small Business Investments That Lead to Greater Success

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*Contributed by Wendy Dessler.

As a small business owner, it’s up to you and you alone to invest in your company’s financial future. It is highly unlikely that somebody will take this upon themselves in your organization unless they are a highly paid manager or business partner.

So it’s really up to you to take the bull by the horns and do what’s necessary for your company to achieve lasting success. This may seem scary or even difficult to some, but it’s certainly worth it and it will make your company that much stronger over the long run.

You might be asking yourself, “What do I need to do to invest in my company’s future that will lead to greater success?” The answer to this question will be different for everyone. But to help you get a better understanding of what we’re talking about, we’ll share five effective examples later on.

This way you’ll understand precisely what we mean when we say that you can achieve greater success in your small business by making small investments in the future of your company.

Are you ready to learn how to effectively invest in your small business? Stick with us a little longer to learn the truth.

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