Thursday, February 24, 2011

Lesson of Life?

Today had been one of the most ordinary day of my life. But my friend changes it. It became a valuable lesson of my life, on the path that many of us will be going through.

Ever wonder why a rich person can only be richer, and the poor one will be poorer? Mentality. This is one of the biggest different between them. A rich person will ask people to work for them, to help him/her to get more money. While the poor ones will most likely work for someone. Risk taking is what all this matters. In finance there is always this word pop into our minds, high risk high returns.

As an employee, we tend to take lower risks. Heck! even when the company goes boom, they are the first to get paid. Every month you get to get paid on time, if not you can sue the company. Well, a employee doesn't really face much risk compared with their boss.
As the boss, you face risks such as, the market !! ( Economic not good, not much income, expenses still high = die ) Mis conduct of your employees? etc.

So is this high risk , high return going on? So people have to step out from their status quo, be different! be a risk taker. You might not reach the finish line * here the risk * but once u done that you will be richer. *the return*

I do agree to some extent, but if everyone is taking the risk who will be the one to work your plans? There is a eco-system for everything, to keep it balance there must be someone who still become risk adverse.

But anyway thank you for this friend for making me think more. This is a valuable lesson :)




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