Mistake Equals Growth

Tweet

The beauty about being in business is that I get to learn new things every single day. Be it about in business, about life, about pursuit of success, and failure, you nameit!

New lessons seems to pop up on a daily basis.

This is what I call GROWTH

As Benjamin Franklin had said, If you are not growing you are dying.

No wonder I often hear from former colleagues cringe every time they discuss about life at work. They often say, "I'm not learning anything", 'I feel like I'm stuck here forever", "There is no personal growth", "It's the same old same", and
etc.

How could you expect growth to happen when you do the same things you do, over and over?

Perhaps the main reason why there's no (or little) growth being in a job is that as a worker, you are not allowed to commit mistakes. Because if you commit a mistake in your job, it will be costly on the perspective of the business where you are
working for. You might be even charged or fined for the losses or worst, get fired.

But in business or life in general, making mistakes is the fastest way to learn and to grow. Because it will present you an opportunity to correct the mistakes, and as long
as you improve and grow yourself from that mistake, you will bring
yourself closer to your goals.

Make mistakes and the sooner you make them, the sooner you'll become successful.

As my mentor always remind us, money follows growth! If you want more money in your life, allow yourself to grow a thousand or even a million times.

---

Cheers to your endless growth!,

Coach Jervis

"Motivated to succeed"
www.ca2020.net
www.iloveabundance.com

Posted via email from Teach2Fish

Why Do You Need Financial Education Anyway?

Tweet

Okay, I am going to explain in a very simplistic manner why everyone should be financially educated.
The subject of money is a mystery and controversy for a lot of people. When I say a lot, i mean a lot, like millions of Filipinos.

Some would even shun discussions about pursuit of wealth creation, primarily because most of them think that becoming rich is something or relatively bad.

Although there are indeed bad rich people, it shouldn’t be used as a general rule for everyone.

What is Money

We need money to buy food so we could eat and nourish our physical needs. We need money for transport (plane, boat, bus, car, jeep, tricycle, and even pedicabs). We need to pay for the electricity. We need money to pay for water. (Who doesn’t want to take a bath?) We need money for a lot of things: communications, hobbies, playtime, wants, and even to help other people and donate to church or other cause oriented organizations.

With all these reasons, I hope you agree and understand that money itself is not bad, and the pursuit of wealth creation is neither!

It depends entirely on purpose for which great wealth is pursued. If your purpose is wicked and downright bad, then great amount of money will amplify your wickedness. But if your reason for being rich is to help other people, to solve other peoples problems, to add value to other people’s lives

Why Do You Need Financial Education

Here’s are simple reasons why

"FREEDOM"

Since money allows you to have the ability to live the lifestyle you desire, then being poor in knowledge with the subject of money is equal to being slave to your job.

Why? The income you can earn from your job is limited. Highly taxed. It is equal to time spent at the job. So you are not free. You cannot do things that you love to do, while at work. You can only eat lunch according to rules set by your company. You cannot get out and go as you wish. You can only do things you are contracted to do, so they will pay you. If you don’t work, the company don’t pay. Plain and simple, it’s like prison in it’s subtlest form.

If you are financially educated, you will know how to make money work for you, instead of you working hard all day all week just for a paycheck


"DEBT"

And because you don’t know how to manage your money, you’re probably drown in bad debt. (Yes, in case you don’t know, there are two types of debts: good debt and bad debt.)

I’m sure you know what it looks and feels like when you’re in debt with another party (person, credit card, loans, mortgages, etc) You work hard to make payments. You stress yourself out by extending over time at work, to increase your salary because a great share of your wage is already eaten up by your bad debts (also known as liabilities).

And you whine when tax eats up several thousand of pesos, and sadly, you just whine but never do anything

Newsflash! These bad debts come from your bad spending habits. And bad spending habits are result of financial illiteracy!



"CHOICE"

Have you experienced watching a movie, and when you watched it was horrible and ugly? And you hated it!

Would you go back and watch it again? Of course not! (I’m 101% sure that would be your answer) Why would anyone with a sound mind would watch a horrible movie again?

You will not see that movie again because you have a choice not to!

But when it comes to your job. There will come a time that you will hate it, if you don’t yet feel it. Admit it or not, you will hate getting to work for a lot of common reasons:

>> You work hard and your paycheck seems not worth your effort
>> You like your job and do your best but your boss gets the credit
>> You work hard and juggle different loads even if it’s not in your job description when you were hired
>> You used to like your job, but now you’re bored. It seems like there’s no more growth. Nakabobo as they say in the vernacular
>> You’ve been working for years and you feel like the company doesn’t recognize you. They don’t promote you
>> You complain a lot about your salary and the taxes witheld
>> and the list goes on and on

Despite these reasons, enough to really hate it, you still wake up in the morning Monday to Friday (and sometimes even Saturday and Sunday) and hurry towards your job. You hate it but you still do it. Because you “don’t have a choice” and it pays for your bills and expenses.

If you are financially educated, again, you will learn how to make money work for you, instead of you the one working for money.

When you do, you will have a choice. A choice to live a lifestyle according to your wishes and purposes. A choice to design the course of your life the way you want it, and not be dictated by circumstances and other people.

Becoming wise about money and learning financial education is a choice itself. You need to choose to be financially educated.

Are you ready to choose to be rich?

--
If you are, start your journey to freedom from bad debt and freedom of choice. Learn financial education through the Create Abundance 2020 community Wealth Courses and Cashflow events. RSVP to these Events by sending me sms or leave a message in the comment form.

Jervis Salvador
"teach a man to fish and you feed him for life"
0917-785-6451

There Is A Choice

Tweet

Do you often wonder, why is it you're working hard in your job, yet it looks like you're not getting the break or promotion you think you deserve?

Every morning does it feel like just another same old day?

 

You wake up, you take a bath, you get yourself to work, and then, 8+ hours of boredom follows.

Fact is, you're not a Robot. 
You're a Human Being designed to live a life.

If you spend more than 40 hours a week for a job then you're up for several years of working-living this way, until the day you retire!


Nothing will change, unless you do something about it.

What can you do about it?

The good news is, you can do something about it. There is a Choice!

There is an alternative other than just being an employee working for somebody else, building another person's dream.

But only for those who "choose" to SEE it.

Coach Jervis
"I empower people to success"

0917.785.6451

www.ca2020.net

---

If you choose to Live Your Life other than taking orders from your job, attend our "Seminars on Building Your Wealth and Discovering your Financial Blueprint".

Our Wealth Courses are available in the following strategic locations

Quezon City, Ortigas, Makati City, Alabang


We also conduct Online Wealth Courses through Skype technology for Filipinos outside Metro Manila.


Contact me through the mobile number / leave a comment, or sign-up in our website http://www.ca2020.net (an invitation from Jervis)

Ten Reasons Why Join CA2020

Tweet

Whether you know it or not, you have a reason why you are here in this world. Isn't life worth living when everyday you wake up in the morning, you're happy because you are doing, breathing and living your reason for being?

Here are top ten reasons I share for those people who wants to know more about CA2020 and why they should be joining this awesome community.

1. Learn financial education, effectively!

Not a single soul get rich or financially free just by reading books or attending seminars.

The mission of CA2020 community is to spread financial education. We effectively carry out this mission by pure volunteering and service to others so they may realize that there's life beyond poverty and financial struggle. We teach and coach business based on actual lessons we get from real businesses.

2. Volunteer

If service to others is your calling, or simply you want to share a part of you -- for others -- then CA2020 is the community for you. You'll share part of your effort and time in doing the mission... because we are a community of 'mission before commission'.

3. Learn and Do Business and Investments

In CA2020, we learn business by doing real business. We invest time and OPM to gain time and money freedom

We are what we do, not only by what we read or say.

4. Growth

In the community, you'll find out why currently your financial status is right there below and outrageously far away from your dreams. As my mentor always say, "Money follows Growth"

This growth is about your emotions, intelligence, experience and mindset.

5. Communication Skills
Get a world class training when it comes to creating, honing, developing and improving your communication to people.Business is about relationships and trust. Good communication is the channel of good and trustworthy business relationships

6. Leadership

True leadership comes when you get to lead other people to success. Everyday, the core team members lead themselves and others in doing our mission of service to others.

7. Network

When you join CA2020, you'll get to be friends with people from a wide range of diversity - from cartoonist, doctors, engineers, realtors, CPAs, lawyers, public service-personnels, IT specialists, environmentalist, vegetarian, and so much more - having the same mindset of abundance, rich and success.

All of them dream and making First World Philippines happen.

8. Selling and marketing

Learn selling and marketing in today's information age. In the Core Team, we train ourselves in both traditional and non-traditional methods of marketing and selling. Our efforts are measured not by grades and report cards but by the amount of money we create.

9. Add value to other people's lives

In CA2020, we treat business like marriage. CA2020 is family to us. We learn from each other, we grow from each other.

By simply attending our community programs and events, you will gain insights to discovering what financial success means to you, the importance of beliefs and goals and taking steps to make your success happen. You will gain value from our wealth courses and Cashflow gatherings, because we simply embody giving value to other people's lives.

10. Know your reason for existence

Have you really put a good thought about what's your purpose in this world?

Whether you know it or not, you have a reason why you are here in this world. Isn't life worth living when everyday you wake up in the morning, you're happy because you are doing, breathing and living your reason for being?

All core team members joined because they choose to join, for definite reasons and for purposes. They choose a path where they don't want a life of just going with the flow, and their actions dictated by circumstances and by other people.

They joined because they choose to create their lives according to their purposes and their dreams.

How about you?

Do you wake up everyday excited to do what you're up to? Seriously, go ask yourself these questions.

Who knows, CA maybe the one thing you've been looking for.

The Core Team of CA2020 at Punta Fuego, Nasugbu, Batangas

--
Join CA2020.net today and become part of the community dedicated to creating a world of possibilities... a world that works for all.
Jervis
I empower People to Success

The Game That Can Change Your Life

Tweet

Cashflow is an exciting way to learn business and investing without the actual risk.
It’s practically an M.B.A. for anyone who wants to learn how to get out of the so-called “rat-race” and be financially free, rich and wealthy.
Cashflow is Money, Business and Accounting packed into a fun board game to play.
The game was created by Robert Kiyosaki, author of the best-selling business book Rich Dad Poor Dad.
There’s Cashflow 101 for fundamental investing. Cashflow 202 is for technical investing and challenging learnings. There’s also Cashflow for Kids.

The key lessons of playing this board game:

• Learn how to take control of your finances
• Learn how to write your personal financial statement
• Why most people are stuck in employment and job
• How to get out of the “rat-race”
• Get out of the “rat-race” by increasing passive income
• Learn the difference between capital gains and cashflow
• Learn leverage and use it to your advantage
• Learn Financial Education

This game is a simulation of learning business in a fun and exciting board game. It is a very effective way of learning financial education because it allows the players and participants to make mistakes during the game– in doing business and investments– without risking any actual amount of cash.

The Importance of Dreams

Tweet

What if one day, you lost your dreams?

What if one day, you wake-up in the morning bored?

What if one day, you lost your desire to be the person you wish to become in the future?

What if that one day is today?

Would you let circumstances dictate your way?

Would you let other people design your life based on what they say about you?

Would you let others steal your dreams away from you?

Would you let fear take away your future?

Too many questions.

But get this.

Dreams excites the person within us. Try to remember some event in the past when you were day dreaming. Picture out the smile drawn in your face. The excitement you felt by just imagining something that you wish you have. Isn't it amazing?

These feelings of excitement drives us to DO and to ACT based what we want to achieve.

And through taking action we get results, we get our dreams.

The bigger our dreams, the bigger the actions needed for it to be realized.

I admire Martin Luther King Jr's dream for racial equality and end discrimination. It is an example of a humble and great vision that contributed to the well being of a lot of people. It took a huge amount of effort fighting for civil rights at the time. It even took his life.

Whenever dreams are lost, taken away, or put into oblivion, that's the moment we lose our selves.

Stop the action and the momentum equals ceasing producing results.

Because I believe we define ourselves by the kind of dreams and desires we set ourselves.

Would you still let your dreams get lost?

---

Jervis Salvador earnestly believe in the vision of Create Abundance 2020 of creating First World Philippines for the Filipinos.

Winning and Losing

Tweet

During my high school days, I'm an avid basketball fanatic. I religiously follow PBA and the NBA.

The concept of winning first occurred to me as I watched Sunkist team led by the Aerial Voyager Vergel Meneses collect trophies in 1995. Michael Jordan was on his second rise to fame when he led the Bulls on it's 3-peat championship.

After all these years, the losers of those basketball era are buried in the sea of memories. It's because everybody loves winners.

In business, there are Winners and Losers

In the book, Why We Want You To Be Rich, Donald Trump the billionaire who created the hit reality show The Apprentice - a winner in almost all points of view in business - chose to partner with another winner, Robert Kiyosaki, a real-estate and financial education guru who wrote the phenomenal Rich Dad Poor Dad and created the board game CashFlow 101 and 202.

It will not make sense if Trump co-wrote a book that aims to educate people and then partner with a poor loser. That is totally not a good way to influence people on lessons about getting rich and wealthy.

Are you with a winner or loser?


Go ask yourself if you're on the winning side of life or the losing end. You can simply do a check on the people you get advices from.

If ever you want to start or learn about business, it would be foolish to ask a friend or a relative that have the slightest idea about making one. It's no different when you want to learn a sport, like tennis. You don't go to your dad and ask him how to play tennis, unless of course he's Roger Federer. You go to someone who is an expert, a coach that plays and teaches tennis and have a lot of experience.

It's no different when you want to to become rich and financially free. It would be foolish to ask a co-employee about investing when he/she don't even know how to 'spell' passive income.

Work with Winners and You Will Smell Victory

It's a simple math, if you want to be financially successful, listen to those who have done it, succeeded and have results. It would be unwise to take advise from people you barely know. Practice due diligence, and take action.

Create Abundance 2020 is a business community where we teach financial education based on actual experiences, real business education and results.

--
Jervis Salvador is a Core Team member of CA2020.net
To learn more about winning the money game, please feel free to sign-up in our website


teach a man to fish and you feed him for life

So, You Want to Invest in Real Estate

Tweet

A lot of employee people who have realize that working for a company leads them to nowhere but their dreams and goals -- want to jump into business and investing with little or no knowledge about it.

A lot of them are sold into investing particularly real estate. They see it as a fast vehicle to creating extra income, because most people think owning a piece of real estate is a good and safe investment since they thought its value appreciates over time. Well think again!

If you have read Robert Kiyosaki’s book Rich Dad Poor Dad, he mentions there that “a house is not an asset but a liability.”

Who is Robert Kiyosaki anyway? And what is an asset and what is a liability?

(A Google search will reveal a lot of answers, but let me spare that effort for you)

Robert Kiyosaki is a big business investor and author of Rich Dad Poor Dad.

Rich Dad Poor Dad is a book about Robert’s two fathers: his biological father (his poor dad) and his best friend's father (his rich dad). Having two fathers allowed Robert, at a very young age, to see the contrasting views and beliefs of a poor and rich mindset. It was his rich dad who taught him the beings of rich people and guided him to becoming one.

The book was published in the year 1997; “it was the book that rocked the financial world”. It stayed in the New York Times best-selling book list for over 6 consecutive years, and 12 years later, we still see it sitting in the top 10 best-selling book, in the business category.

Further, he wrote a dozen other books about financial education which became best sellers too. He even co-wrote a book with The Apprentice creator-billionaire Donald Trump.

The problem with most people buying houses thinking that what they bought is an asset is simply because they believe that its value will go up anyway, and they can instantly collect a profit when they sell it.

What most people don’t see is that, since most real estate purchases are paid in a span of 10 or 20+ years via mortgage, this poke holes into their pockets unknowingly.

If the house doesn’t put money back to the owner (commonly in a form of rent or lease) the mortgage is a disheartening liability—that drains money out from the pocket of the investor.

My First Attempt to Real Estate Investing

About a year ago, I tried it out myself engaging in real estate investment. Wherever I go, I always look out for house-for-sale signs and get the contact numbers. I would also browse into newspaper classifieds and scan buy and sell ads magazines. I also got few foreclosed listing of commercial banks. I even sort out Sulit ads for real estate.

I inquired through some of the numbers I collected and here’s some of the information I got:

7-unit apartment | 9 million pesos (negotiable)

5-unit apartment | 5 million pesos

Single Attached house about 75 square meters in a booming property development in Mabalacat, Pampanga | around 750,000 pesos

Single Attached house about 150 square meters in a popular village in Laguna | 3 million pesos

Does it look cheap to you?

For point of illustration, I will pick the 5-unit apartment house which I found a few hundred meters away from our hometown in Angeles City.

Rental fee in Angeles City ranges between 2000-5000 pesos per month.

For 5000 pesos /month, my passive income for this piece of real estate property will be:

5 units x 5000 pesos/month = 25000 pesos passive income per month

Looks like a pretty income, wouldn’t you say? But that’s if all apartments are occupied and rented.

I would need a capital of 5 million pesos which I would probably loan in a bank plus a down payment of, say, 100,000pesos. What would be my monthly amortization look like? A good guess would be something around 15,000 to 30,000.

Let’s assume the monthly amortization is 20,000 pesos.

My monthly passive income will be:

25,000 (rents) – 20,000 = 5000 pesos!

Given all units are rented and all lessees take care of the property, all I get is a measly 5000 pesos!

Even if I have a cold cash of 5 million pesos ready to buy this apartment, this investment wouldn’t make sense to me because of the rate of cash return.

How many years before I can get back my 5 million pesos? Let’s calculate:

Income per year will be:

25,000 per month x 12 months = 300,000pesos per year

When will I get my initial 5 million investment?

5,000,000 divided by 300,000 = 16.66 years!

It will take me more than 1 decade and a half before I can fully recover my capital of 5 million. It’s also the total time before the property starts earning profit. I would be too old by then.

Conclusion:

Totally NOT a good investment!

A Life Long Process

I consider financial education as an ongoing and life-long process.

It doesn’t actually stop to just reading a book or two about real estate. It doesn’t even end when contracts are signed and money switched hands.

I decided to put on hold my plans of investing in real estate, because I realized I need a faster business vehicle which I can engage with that will allow me to build my credibility as an ultimate investor faster than 16.66 years.

In Create Abundance Life Entrepreneurship program, I am being taught of how I can achieve this by continuously learning the following

• Learning the Art of Leverage
• Having the mindset of the Rich
• Passive Income and Cashflow
  
• The Importance of Team and Systems, among many others.