Wednesday, October 29, 2008

Lending To The World's Poorest

I was reading a one-of-a-kind blog post today and it gave me an idea.

How's this for a unique Christmas gift - make a microloan to a poor entrepreneur in the developing world.

The idea is not new. Think Dr Mohamed Yunus and Grameen Bank.

But Kiva.org is the first of its kind. It uses the power of the Web to connect small lenders like you and me directly to real individuals who need the money, who know what to do with it, but whom banks won't lend to.

For as little as US$25, you can change lives.

As the borrower repays the loan, you get your money back.

What a powerful and sustainable way to lift someone out of poverty.

How's that for a Christmas gift that keeps on giving?

Read on about how Kiva.org has inspired Ken Evoy.

Tuesday, October 28, 2008

What Focus Means

I like this definition of "focus" that I picked up in Why We Want You To Be Rich: Two Men, One Message by Robert Kiyosaki and Donald Trump.

F = Follow
O = One
C = Course
U = Until
S = Successful

Follow One Course Until Successful.

RK shares that he applied this wisdom to his research into real estate, bonds and IPOs.

When he invested in real estate, he continued until he was successful.

When he wanted to learn about bonds, he invested in them until he was successful. Once he was successful, he decided that he did not like bonds and so he does not invest in them anymore.

He has taken two companies successfully from startups to IPOs and made millions. He succeeded, but then he decided he did not want to go through the process anymore.

Today, RK still prefers real estate.

When you think about it, it makes sense to focus. You shut out everything else that distracts and pour all your energies into doing one thing well. If that thing fails despite your best efforts and intentions, you know it's not right for you and you can move on.

But if you only put in 20% in Project X because you are also trying to manage Projects Y and Z and X fails, how will you know for sure what caused the failure?

The Entitlement Mentality

In the book Why We Want You To Be Rich - Two Men, One Message, Robert Kiyosaki and Donald Trump share their concern that Americans have become complacent.

People have come to expect the government to handle their problems and fix the future. Rich and poor alike expect government handouts. Big corporations are subsidized by the government. Farms and ranches would close down but for government handouts. The President of the US and members of the House and Senate expect retirement benefits from the government.

At the time of publication (2006), Social Security was in debt $10 trillion and Medicare, $62 trillion. It was projected that in a few years' time, the first of 75 million baby boomers would retire...and expect their government pension checks.

2 years on, the subprime crisis has thrown America into even greater financial straits. In such circumstances, how can the government possibly afford to take care of 75 million retirees?

The authors point out that the cause of this problem - our lack of financial resources - lies in a lack of financial education.

We have got to stop blaming others and expecting others to save us from the consequences of our own poor choices.

We have to start taking charge of our own situations.

We need to be part of the solution, not part of the problem.

To do that, we need to invest in our minds - our greatest asset.

Instead of relying on financial advisors or accepting unquestioningly the wisdom of the herd, we should take the time and effort to gain understanding.

Here are just a few suggestions from the book on the knowledge and understanding that we need to acquire:

  • why the rich get richer
  • the three types of investor and which one we are
  • the four CASHFLOW quadrants, the values they represent and which quadrant we really want to belong in
  • the difference between a saver and an investor
  • the power of leverage
  • good debt vs bad debt
  • the financial challenges facing the US and the rest of the world and how they came about
  • the history of the world
  • the role of India and China in the world economy
  • why diversification is not necessarily good financial advice
  • why the middle class in America is shrinking

Monday, October 27, 2008

Work-Life Balance for an Actress turned SAHM

What's it like to be a SAHM after spending most of your professional life as an actress?

Aussie actress Rachael Beck, who's 37 and has a daughter the same age as J, is very honest about her struggle.

"I definitely wanted to be home with her for the first two years. It (motherhood) has gone from wonderment to exhaustion to 'I can't cope' to 'I'm on top of the world' - the absolute gamut. I don't think any mother really copes, and anyone who says they cope is telling a fib. 

It is such a life-changing thing in so many ways. It stretches and pulls you and tests you and makes you grow. 

It has deepened me as a woman and as a wife."

Of taking a professional break, she confesses, "I can't lie to you and say there haven't been times of frustration, of having to say 'no' to fabulous things that have been offered to me."

On the SAHM vs career woman debate, she is remarkably realistic.

"There are some women who are absolutely fine sitting at home with their children until they go to school, or giving up work. I'd had a lot of creative time and it's something that is so inherent in me and a part of my happiness that I am a better mother when I can balance that."

Lessons for the rest of us?
  • Be true to yourself. Know what makes you fulfilled and what drives you batty. Find a way to channel your passions and strengths in ways that add to you as a person.
  • Don't waste time feeling guilty because you aren't, or can't be, a SAHM. Do what you can, live with the consequences, and move on. Life isn't perfect.
  • Acknowledge your uniqueness. Just because everyone else thinks being a SAHM or career woman is the right thing doesn't make it right for you. You are unique. Acknowledge your right to see things differently and to find your own balance.
  • Whatever you choose, choose it for the right reasons and after careful consideration of all that is important to you and your loved ones. Then stick with your choice, knowing it is the best you can do in the circumstances. Don't beat yourself up over what-ifs or let regret dominate your life. And remember there is no medal for martyrdom. If you decide to give up your career, do it because you believe it's the best thing for your family, not because you want people to know how noble or self-sacrificing you are.

Are You Part Of The Team?

Last Sunday, our pastor said something that I can still remember one week on - a rare thing for me.

Speaking about teamwork and the future direction of HXUCA, he asked, "Are you ready to go from being part of the team to being part of the Dream Team?"

Here's my interpretation of what that means.

When you're part of the Dream Team, you belong with those who

  • make things happen
  • drive positive change
  • exert strong moral influence in the community
  • attract support from people who share your values and love what you do.
This week, Pastor expanded on the teamwork idea further when he wrote in the newsletter that when we suggest ideas and activities for the church, it should be with the understanding that we are prepared to put in the legwork to make it happen. We should not depend only on the Church Council, the Elders Council or the pastor.

To that end, blank sheets have been put up on the noticeboard in church to encourage members to write down ideas and activities that they want to see in 2009 for the following areas:

  • Service and Outreach
  • Worship
  • Education
  • Hospitality
  • Fellowship

Action Challenge

What about you, are you part of the Dream Team in your place of work/service?

Saturday, October 18, 2008

Good Boss vs Bad Boss

My friend who's just migrated to NZ has written this insightful piece comparing what life is like under a good/bad boss.

What's your boss like?

And if you're a boss yourself, do you think your co-workers would label you a GB or BB?

If Jesus Came To Your House...

Lois Blanchard Eades
presumed public domain

If Jesus came to your house to spend a day or two
If He came unexpectedly, I wonder what you'd do.

Oh, I know you'd give your nicest room to such an Honored Guest.
And all the food you'd serve to Him would be the very best.

And you would keep assuring Him you're glad to have Him there-
That serving Him in your own home is joy beyond compare.

But--when you saw Him coming, would you meet Him at the door
With arms outstretched in welcome to your Heavenly Visitor?

Or would you have to change your clothes before you let Him in?
Or hide some magazines and put the Bible where they'd been?

Would you turn off the radio and hope He hadn't heard?
And wish you hadn't uttered that last, loud, hasty word?

Would you hide your worldly music and put some hymn books out?
Could you let Jesus walk right in, or would you rush about?

And I wonder--if the Saviour spent a day or two with you,
Would you go right on doing the things you always do?

Would you go right on saying the things you always say?
Would life for you continue as it does from day to day?

Would your family conversation keep up its usual pace?
And would you find it hard each meal to say a table grace?

Would you sing the songs you always sing, and read the books you read,
And let Him know the things on which your mind and spirit feed?

Would you take Jesus with you everywhere you'd planned to go?
Or would you, maybe, change your plans for just a day or so?

Would you be glad to have Him meet your very closest friends?
Or would you hope they'd stay away until His visit ends?

Would you be glad to have Him stay forever on and on?
Or would you sigh with great relief when He at last was gone?

It might be interesting to know the things that you would do
If Jesus Christ in person came to spend some time with you.

Tuesday, October 14, 2008

Aging Gracefully with Julie Andrews

To commemorate her birthday, actress/vocalist Julie Andrews made a special appearance at Manhattan 's Radio City Music Hall for the benefit of the AARP.

One of the musical numbers she performed was 'My Favourite Things' from the legendary movie 'Sound Of Music'.

Here are the lyrics she used:

(Sing It!) - If you sing it, it's especially hysterical!!!

Botox and nose drops and needles for knitting,
Walkers and handrails and new dental fittings,
Bundles of magazines tied up in string,
These are a few of my favourite things.

Cadillacs and cataracts, hearing aids and glasses,
Polident and Fixodent and false teeth in glasses,
Pacemakers, golf carts and porches with swings,
These are a few of my favourite things.

When the pipes leak,
When the bones creak,
When the knees go bad,
I simply remember my favourite things,
And then I don't feel so bad.

Hot tea and crumpets and corn pads for bunions,
No spicy hot food or food cooked with onions,
Bathrobes and heating pads and hot meals they bring,
These are a few of my favourite things.

Back pain, confused brains and no need for sinnin',
Thin bones and fractures and hair that is thinnin',
And we won't mention our short shrunken frames,
When we remember our favourite things.

When the joints ache,
When the hips break,
When the eyes grow dim,
Then I remember the great life I've had,
And then I don't feel so bad.


Ms. Andrews received a standing ovation from the crowd that lasted over four minutes and repeated encores.

What's The Purpose Of Your Work?

Your work is what you do, be it paid or unpaid. Volunteer work is work too, because you are giving of your time, talents and skills to create value and add value to others.

What is the purpose of your work?

Is it just to earn a living and to get by?

What is the purpose of your business or project or whatever it is you spend your time doing?

I was speaking with a friend recently and she said something that I feel we need to ask ourselves from time to time.

My friend and two other persons founded the Opportunity Shop in our church. The opp shop fulfills a great community need in our mortgage-belt suburb. It provides a low-cost place to purchase clothing, household appliances, personal accessories and all those random things we need to have a reasonably comfortable life. These items are donated by people who no longer need them, and are then cleaned, made presentable and resold at a very low cost to the community.

My friend tells me that the opp shop's income has steadily risen in the last few years, and a lot of it is due to people feeling the pinch and trying to find ways to save money. She tells me that recently, the opp shop received some feedback suggesting that they should up their prices so they can make a bigger profit.

But my friend feels that this is the wrong way to go. The purpose of the opp shop is not to make lots of money. Its primary purpose is to meet a community need. If it prices its items beyond the reach of ordinary folk who need them, it would make more money but fail in its mission of serving the poor and needy. So my friend - bless her - is standing her ground on this issue.

We too can gain a lot of clarity and energy in our lives if we go back to basics and ask ourselves some questions:

What is our life purpose?
What is our career purpose?
Why did we choose this job or this organization or this industry?
Are our spiritual, emotional, physical and intellectual needs being met by what we spend most of our time and energy doing?
Are we living in harmony with our purpose?

The Story of the Spider

After a particularly violent storm, the spider's half-spun web lay in tatters. The spider itself had been flung to the ground, and it now painfully inched its way up the wall towards the ruins of its home.

The spider followed the trail it knew best, crawling slowly upwards. But the wall had become wet and slippery, and once the spider reached a certain height, it would fall off. But it never gave up. Each time it fell, it would doggedly start all over again...

A passerby saw the spider's travails and sighed to himself: "Isn't my life just like this poor spider's? Always busying myself rushing here and there, and in the end, what do I achieve? Nothing."

Bowing his head in despair, he walked away, and from that day on sank into a depression.

A second passerby watched the spider and exclaimed: "What a stupid spider! Why can't he take a different route and crawl up from the section of the wall that is dry? In life too, one often encounters fools. I shall not be one of them!"

The second passerby went away with a swagger, determined to shine amongst his fellow men. In the conduct of his affairs he became clever and crafty.

The third passerby crouched down to observe the spider. Moved by what he saw, he sighed, "Ah spider! In countless battles you face countless failures, yet someday you will surely prevail! Man too should learn to be persevering like you!"

The third passerby went away, heartened and encouraged, and from that day on, he became much more resolute and resilient, and found success in all that he put his hand to.

Lesson

有什么样的心态,就会接受什么样的教育,就会领悟到什么样的道理。
Your attitude determines how teachable you are, and your teachability will determine the life lessons you learn.

《蜘蛛的故事》

Sunday, October 12, 2008

What Does A Fulfilling Career Look Like?

Imagine waking up every day and thinking: "I'm so lucky. I look forward to going to work. I'm doing what I love."

That's the essence of what it means to have a fulfilling career.

If you put your career to this test, what would your response be?

If your career is not giving you joy, what one thing can you do today and explore your options and make a decision that would move you closer to career joy?

RESOURCES:

Find out how to align your life with universal principles so that you live a congruent life.

How Do You Express Yourself?

I was listening to a Steve Pavlina podcast today on Creative Self-Expression.

CSE is about being yourself and accepting yourself.

If you want to create passive income, think of how to create passive value for others. What valuable thing can you give them even if you're not physically present?

If you want abundance, spend more time expressing and sharing who you really are. Give more than you are receiving. If you are experiencing scarcity, it's because you are taking more than you are giving.

Don't confuse the method of expression with your message. Your career is not defined by the medium you choose.

For example, Steve's career is all about growth. He expresses his passion for growth in a variety of ways: through writing, blogging, speaking. The message is growth, and that's what he tries to share with people.

Likewise, my career is not about writing per se. It's about helping others to overcome their personal limitations and the restrictions imposed by conventional norms. It's about exploring and charting new directions in life. It's about helping people to write a new life/career story. I get my message out through writing and blogging and email coaching of like-minded persons. Those are my outlets. My message is about creating something new and positive out of one's past mistakes and negative experiences.

Saturday, October 11, 2008

Love Yourself, Keep Yourself Safe

Missing Melbourne backpacker Britt Lapthorne has been found - and the outcome is every parent's worst nightmare.

No one can feel anything but sympathy and pain for her parents and brother. They are left with the heartbreaking reality of the loss of a beautiful 21 y.o. girl who was enjoying herself on holiday when she vanished from a nightclub in Croatia.

A journalist penned her personal thoughts in MXNews this week.

Commenting on the Britt Lapthorne case, she confessed that she had travelled to Croatia previously and had visited the very same nightclub. She admitted that when she was there, she had gotten carried away by the atmosphere and the fact that she was on holiday. She partied too much, drank too much; she was alone in a strange place. In other words, she put herself in a vulnerable position. She was fortunate to come home unscathed.

I thought it was brave and honest of her to say what she did. Perhaps her commentary can act as a wake-up call to other young travellers, particularly solo backpackers, not to take unnecessary risks in a strange country. By all means have your adventures, but remember that there are people who love you and who are waiting for you to come home safe and well.

Friday, October 10, 2008

The 2 Best Feelings In The World Are...

  1. Lying in bed with my girls on either side of me
  2. My little girl's arms wrapped around my neck as she snuggles up close

What 2 sensations inspire you to feel joy and contentment?

Thursday, October 09, 2008

The Secret of Success

I love this reminder from the Heathdale Christian College newsletter.

The secret of success in life is for a man to be ready for his time when it comes.
Benjamin Disraeli

Success is developed daily, not in a day, this is the law of process. What a person does on a disciplined, consistent basis gets him ready for success, no matter what the goal.

If you want to be successful in your studies (same goes for everything else you set your heart to), the good news is that you are in control of the outcomes.

Everyone has the potential, but success isn't an event, it's a process.

SUCCESS ISN'T AN EVENT, IT'S A PROCESS.

The Loss Of An Icon

Why is it that people are most honoured not while they live but at their own funerals, when they can no longer see or hear or appreciate what others say about them?

The first time I heard that JBJ had passed on was today (a week after the event!), when I was surfing MrBrown.com and read PM's condolence letter. I can't believe I didn't hear the news before this.

Singapore has lost a great statesman.

I wanted to see what people were saying about the event. Googled "JBJ" and found:

I respect JBJ for his courage, his tenacity and his vision.

I think The Australian captured the essence of what JBJ stood for best. They called him "champion of democracy". In daring to walk his beliefs and ideals, he has shown the rest of us what it means to choose excellence over mediocrity and to make choices based on courage rather than fear and unthinking compliance.

Tuesday, October 07, 2008

The Secret to Contentment (Part 2)

我无论在什么景况都可以知足,这是我已经学会了。我知道怎么处卑贱,也知道怎样处丰富;或饱足,或饥饿;或有余,或缺乏,随是随在,我都得了秘诀。我靠着那加给我力量的,凡事都能做。

腓立比书 4:11-13

I have learned to be content whatever the circumstances.
I know what it is to be in need, and I know what it is to have plenty.
I have learned the secret of being content in any and every situation, whether well fed or hungry, whether living in plenty or in want.
I can do everything through Him who gives me strength.

Philippians 4:11-13

Sunday, October 05, 2008

The Secret To Contentment

要使生活变得幸福,一定量的忍受力是必要的。

你忍受不了乡下的单调生活,那城市里的生活能够永远给你新鲜感吗?你对麦当劳,足球,电影也有厌倦的一天,那时候,你又镇么办呢?

伟人的生平,除了某些光彩夺目的时刻以外,也都是平凡的。

幸福的生活在很大程度上是一种平静安逸的生活,因为只有在平静的环境里,真正的快乐才能得以纯在。

《来杯幸福茶》

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