23/04/2024
Sharing this golden nugget from YP Lai who is still inspiring people at age 60, wait.. no.. age is really just a number when you’re so inspiring!
QUOTE:
𝗔𝗿𝗲 𝘆𝗼𝘂 𝗶𝗻 𝘁𝗵𝗲 *𝗪𝗲𝗮𝗹𝘁𝗵 𝗔𝗰𝗰𝘂𝗺𝘂𝗹𝗮𝘁𝗶𝗼𝗻 𝗽𝗵𝗮𝘀𝗲”?
(This article contains principles to achieve your Time & Financial freedom. A Goldmine!).
𝗙𝗶𝗿𝘀𝘁𝗹𝘆, 𝗰𝗼𝗻𝗴𝗿𝗮𝘁𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀 𝘁𝗼 Eric Yam for the launching of 𝗕𝗮𝗻𝗴𝘀𝗮𝗺𝗼𝗿𝗼 𝗔𝗶𝗿𝘄𝗮𝘆𝘀. Amazing that it took only a few months from conception to ex*****on! 😮 Am happy to be part of this and able to help a few family members & friends! 🎉
𝗠𝗮𝗻𝘆 𝗽𝗲𝗼𝗽𝗹𝗲 𝗮𝗿𝗲 𝗹𝗼𝗼𝗸𝗶𝗻𝗴 𝗳𝗼𝗿 “𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀” but the main thing is that 99% of people are not “opportunity-ready”.
Let me share some tips on how to be “opportunity-ready!”
𝟭. 𝗕𝗲 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝘀𝗮𝘃𝘃𝘆 – 𝗯𝘂𝗶𝗹𝗱 𝘆𝗼𝘂𝗿 𝗸𝗻𝗼𝘄𝗹𝗲𝗱𝗴𝗲 𝗮𝗻𝗱 𝘀𝗸𝗶𝗹𝗹𝘀𝗲𝘁𝘀
You will need:
• Business knowledge and acumen
• Financial knowledge and acumen
• Ability to analyze Risk vs Rewards
Success in business is feeding a starving crowd. Know where the greatest demands are, then supply it. Don’t make the grave mistake of creating a product, and then try to create a demand for it. That is hard work!
Currently, there is no regional airway serving the south of the Philippines. An acute need that both the regional authorities and the commercial sector are starving for.
Box ticked! ✅
You have to know how the numbers stack up. Projected earnings (details checked out okay) of the airways are USD20 million in the first year. Good companies can be valued at P/E ratios of 20+. Conservatively using a P/E ratio of only 5 (P/E ratio of Amazon is 91.4), the company is valued at USD100,000 million.
Box ticked! ✅
Based on the investment amount and the projected company valuation above, each lot of shares will be worth around USD2 million. Conservatively estimating 3 years (not just 1 year as projected) to achieve the earning, this will be a tidy sum to have!
Box ticked! ✅
𝟐. 𝐘𝐨𝐮 𝐧𝐞𝐞𝐝 𝐚 𝐓𝐞𝐚𝐦 𝐨𝐟 𝐞𝐱𝐜𝐞𝐥𝐥𝐞𝐧𝐭 𝐚𝐝𝐯𝐢𝐬𝐞𝐫𝐬 𝐰𝐡𝐨 𝐤𝐧𝐨𝐰 𝐡𝐨𝐰 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐲𝐨𝐮𝐫 𝐰𝐞𝐚𝐥𝐭𝐡!
Shared this with a close friend, and he wisely checked with his accountant. The verdict came back that this is a good investment, but something off the beaten track. So, he decided “No” to this opportunity.
The job of an accountant is to keep your money safe, not to make it grow, unless the accountant is investment savvy! No "standard" investment like property or stocks will ever give you 100x returns in a shorter time frame.
Shared this with another close friend, who also wisely checked with her financial advisor. The verdict was the same; it was a good investment. However, the financial advisor taught my friend to use her “Superannuation Fund” (think EPF or CPF) to invest. She has now turned her lazy money (8% return p.a.) to potentially create a USD2 million asset.
Bingo! 🤑
*𝟯. 𝗧𝗵𝗲 𝗺𝗼𝘀𝘁 𝗰𝗼𝗺𝗺𝗼𝗻 𝗮𝗻𝘀𝘄𝗲𝗿 𝘆𝗼𝘂 𝗵𝗲𝗮𝗿 𝘄𝗵𝗲𝗻 𝘆𝗼𝘂 𝘁𝗮𝗹𝗸 𝘁𝗼 𝗽𝗲𝗼𝗽𝗹𝗲 𝗮𝗯𝗼𝘂𝘁 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗶𝘀 “𝗜 𝗱𝗼𝗻’𝘁 𝗵𝗮𝘃𝗲 𝘁𝗵𝗲 𝗺𝗼𝗻𝗲𝘆.”
One of the biggest life-transformations I have is learning the 6-Jars from the Millionaire Mind Intensive by T Harv Eker. I started my Financial Freedom Account when I was much younger, and that prepared me to have surplus for investments.
The right knowledge and ex*****on will change your life! (Share in the comments if you have attended MMI before).
*𝟰. 𝗬𝗼𝘂 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗵𝗮𝗻𝗴 𝗼𝘂𝘁 𝗶𝗻 𝘁𝗵𝗲 𝗿𝗶𝗴𝗵𝘁 𝗰𝗼𝗺𝗺𝘂𝗻𝗶𝘁𝘆 𝗼𝗳 𝗹𝗶𝗸𝗲-𝗺𝗶𝗻𝗱𝗲𝗱 𝗽𝗲𝗼𝗽𝗹𝗲!
Many people are too busy with their job or business to have time to improve their financial and investment literacy, and to network with like-minded people who are focused on growing their wealth fast and safely. Proximity is Power!
Savvy investors are not fearful of risk or opportunities because they have the knowledge and acumen to make sound decisions. They are driven by the numbers and the understanding of underlying business fundamentals.
They also know how to have a balanced portfolio proportioned to low-risk, medium-risk, and high-risk investments. At my age of 60 years young, I have no more than 10% of my investments in high-risk ventures spread across various vehicles like cryptocurrency, NFTs, high-yield stocks, private placements etc.
Even if were to burn any of my high-risk investments, it has no effect on my lifestyle or retirement! 💼
That is why 𝗜 𝗰𝗿𝗲𝗮𝘁𝗲𝗱 𝘁𝗵𝗲 𝗪𝗼𝗿𝗸 𝗟𝗲𝘀𝘀 𝗘𝗮𝗿𝗻 𝗠𝗼𝗿𝗲 (𝗪𝗟𝗘𝗠) 𝗔𝗰𝗮𝗱𝗲𝗺𝘆 and invited 100+ of my Coaches, Trainers & Speakers friends to share their knowledge on how to achieve Time and Financial Freedom. You don’t have to struggle alone!
Check us out here: https://t.ly/fOicD
At the WLEM Academy, we are here to help you work 20 hours less per week and 10x your income without being overworked, overstressed & overwhelmed so that you have time for yourself and provide financial security to your family. 💰
P/S:
The investors to the Bangsamoro Airways are from the WLEM Academy community where we also create collaboration and opportunities for our members.
Join thousands of high performers working less and earning more.
