Thursday, April 15, 2010

You are a "Crorepati" too (part 1)

You are the Crorepati

Everyone dreams. Everyone work and everyone earn. But only a few people prosper. What is the reason behind this? Experts say that is because of the unique characteristics found in the so called economic winners, and also if you habituate them “You are a Crorepati too...”

“He is a Crorepati”

…we give him respect.

“That car costs 50 lakh rupees”

…we forget even to blink our eyes.

“There, a Rs. 1000 note!!!”

… We see it with desire.

That is the power of money. That is the influence of currency. That is the miracle done by Goddess Lakshmi

Earth revolves around the sun, likewise World revolves around money. All human relations may not be about money, but there may be situations where money effects human relations. U may have heard people telling “I don’t have interest in Money” it means they have agreed that they can’t earn money. You may be in money loving or money hating category, whatever it may be as long as u live u can’t neglect the need of money. This is truth. Required oxygen should be there for life similarly required money should also be needed for the necessities. Being said this, u cant guarantee contentment just with money. But, without money your life will be surely miserable. That is why people go after money. This is the reason people want to earn sufficient for generations to come. Whether it is job or business or art or literature everything is done for the sake of money. Satisfaction, happiness, love towards art whatever may be the reason said all come after “currency”.

Out of 100 crore population only 10 people get into the list of World’s richest people and only a 100 people get into India’s richest and a lakh or 10 lakh people will be called as crorepatis . The rest of the people are ordinary folks who spend the 29days of month waiting for the 1st day of next month. What is the reason for this?

Some people are prosperous, while the rest are living as middle class or poor people. What are the qualifications for earning money? Is it Intelligence, hard work or Luck…?

There are no justifications to say that only intelligent people are earning. All rich people are not intelligent and vice versa. We can’t say for sure that only hard workers are Crorepatis. If only sweat is the measure for being rich, in near future money will only be with hard workers. But there is no such thing like that. Same way we can’t connect money with luck. Bill gates, warren buffet, Narayana murthy… all these people did not become rich overnight. That means, it is not just intelligence, just hard work or just luck there are more qualities to it that make them super rich. Those may be imparted by parents or teachers or else they might have learnt it themselves. Robert Kiyosaki the person who revolutionized the science of economics, even agrees to it.

Childhood is the foundation

“Daddy, I want a computer” a son asks his father; “we don’t have that much money, we are middle class people, we shouldn’t have big dreams” knowing or unknowing we forcefully destroy children’s dreams. Instead, we could do this find the cost of computer, tell him our earnings and also tell him the extra money needed for buying a computer. If you explain it properly, children would understand it well. And they will also learn to see every necessity in economic point of view.

Robert Kiyosaki says that Economic literacy should begin from childhood itself, in his book “Rich Dad- Poor dad”.

Many of our parents, teachers, and relatives may be well educated, but in regard to money matters, 90% of them are illiterates. They don’t know how to earn money and how to double their earnings. From LKG till PG there is no lesson on “how to earn money”. Parents don’t attempt to teach it and even if the child asks the question they neglect it saying “You are a child, what is the need for thinking about money”. They neglect the truth that knowing about money is also education. What is the use of blaming, when our parents, their parents and their parent’s parents also studied in those same schoolsJ… In many situations many multi million industries fall into losses because of improper economic literacy. A father who started his business on a rusty cycle goes on to become an owner of chartered flight. He sends his child to a costly boarding school and admits him in costly colleges and business schools where they don’t teach the truths regarding money like how to earn, how to protect and how to increase their earnings. And even his father also never goes into trouble of teaching them to his son, thinking his son might have learnt a lot of things from his education. Believing those degrees, he makes his son the CEO and the result would be as expected. Sensing this, many wise businessmen don’t give the whole responsibilities to their sons/daughters at a time. They take care for his son/daughter to have a steady growth step by step. Steal Baron Laxmi Niwas Mittal is the correct example for this. He let his son Aditya to work in the steel factories from right during his school days. “JKnowing this, the company’s share holders can sleep peacefully for 1 more generation J “. Once upon a time the rich Hyderabad sultan Nizam Mir Usman Ali Khan’s heir Prince Mukharanzaa has lost all the property, and now he Is living an ordinary life in Australia.

3 comments:

v.veera vikram(Vikky) said...

Nice one ra ur write its should start from childhood thats why we are struggling to enter business in ......"Rich dad-poor dad" is Awesome book

Mihir said...

more posts on the same topic will come, here i mentioned only about childhood. there are many other factors

Unknown said...

really informative read!
thankx bud...keep it up!