The Disruptive Technology Now

          What will be the business of the 21st century? Over the pass decade since the start of dot com or information age, many millionaires has been created. By tracing back the history has helped me understand the power of e-commerce and Internet marketing. However, I have no business experience, no contacts, no funds and do not know where and what to start. Some more I have a day job to survive. Life is OK but that is not what I want. Then, how?

Lets Look at Travel Industry

Travel is the only independent industry based on three important real pillars Transportation, Hospitality, Tourism which generates direct and indirect employment to millions of people and revenue for economic development around the world all the way through connected with Infrastructure, geography attraction (natural Attractions , Historical Attraction and Man made Attraction) , Information , Entertainment, Food Courts , Event, MICE, Medical, Technology, Car Rental , Transfers , Cruises , Railways, Bus, Air , Forex, Refreshment centers, Amusement parks, Accommodations, Travel Management Companies and most important with one’s life.

Lets Look at The Disruptive Technology now 

More and More Apps are coming up to challenge the traditional way of doing business. The early you can catch the change the better your life will be in the future. I believe in few years times, banking system is going to change anyway.

The Direction Of World Ventures
World Ventures is obviously heading to the latest trend which is combine the Network Marketing Business Model, High Travel Demand and Technology to capture the next disruption. How Uber got so viral that i personally encounter which was when my friends refer me to try the Uber service, I have free credit of $15 to start with and at the same time he earn $15 by talking to me. When I have travelled with Uber, I found it is real deal with very fair charges hence i start talking to my friends and refer to them with my code and start earning free credit from Uber. Other than that, Uber also helps everyone who wanted to earn extra income by becoming the Uber driver. Thats pretty brilliant Idea with all side of people win.  

World Ventures right now is purely using the network marketing business model to market the product Dreamtrips. As a representative and attended the conference, the company is heading to the direction of Uber business model. When that happened, it is a disruption in travel industry. A quick reveal is that, World Ventures Travel App, Dreamtrips ; An app which with have own travel community and social media function, booking engine platform  and business referring tools. 

Here are the Main Direction : Earn Your Dream Vacation 

3 things you can do in future, Refer, Dining, And Contribute.

What do you mean by that ? 

REFER 

By asking friends and peoples around to download the apps you will earn the DT points which can be use to redeem a Dreamtrips

DINE

when you dine in the restaurant that under the partnership with world ventures, That a picture and submit to the dreamtrips app 20%-50% of your bill will convert into points. Now is in testing phase. 

Contribute

When you go on a holiday, post picture/video and give the review plus adding friends in the travel community you can earn Dreamtrips with world ventures. 

The detail can be found here in this video with full explanation

Here is the thing, nothing changes, nothing change. Work extra for part time income to become full time income and earn your dream vacation. Join the Movement now by clicking the sign up button :

Select Your Country To Join

Make A Living, Living

See You On The Beaches Of The World

Everyday is about making decision

           Everyday, we are making decision once we wake up. We can stay on the bed roll over or we can choose to wake up step on the floor and making dream happened. We make a decision to go to work, make a decision to eat breakfast that you want and make a decision that how productive you will be at work. Are you going to make a decision at the present time to increase your income and have your desire lifestyle?

          How much money are u planning to be worth by the time you are 65. A man that do not decide to earn more they won't. A woman who do not decide to cook an apple pie will never look at the recipe. We are all self made, only the successful will admit it. Hence, make a decision that you want more than what you are at your current life.

          Checklist! Successful people cant afford to miss every single items that is important to them. They have a checklist to check items by items everyday. In the flight, a pilot can't afford to miss the items by his memory itself. Hence, he needs a checklist to help him.  

Change is a door can only open from inside

The ~ Journey ~

We often heard of success is a Journey. Everyone begin with a journey. Some choose to stay at a destination while some choose to continue the journey. I begin with a Journey of below average people lifestyle, and the Journey has always enlighten me with the connecting Dot guts.

The connecting dot story shared by Steve Job during his speech at Stamford University that i watched it over and over again let me realised that it is very important to trust our gut about what we going to do next. Nobody know what is going happen next, we just need to trust our gut and feeling. Don't let other control our decision when we really feel like doing it. There is always a lot of naysayer about anything we did. Just need to trust the next dot that connecting to us.

Hope to hear from you too about your Journey in life. Connect with me @Facebook : Johnwei Chong

Instead of WHY, Ask HOW !

Today I have a great learning day and key take away, finally I realised that why I always can't stay with what I want to achieved and see the result. Main key take away is from my mentor James Lee sharing. We all are talking to ourself all the time, we ask question to ourself, we talk about people with ourself and also we live in our ownself world sometimes. 

The Secret 

The way how we talk to ourself determine the result we got! It is same go to the quality of question we ask, determine the result we have. A great lesson from James Lee teaches me on break through about how to apply the law of attraction in The Secret (The Law of Attraction). From him, if we ask Why ? the sentence will follow by Why i can't success? Why i am so Poor ? Why they so rich ? Why i can't achieved it? 

Photo With James Lee (The person on the left)

From so many examples above, can you see the question that we ask ? Hence, from today onward, i am going to change the way i talk to myself. I am going to Ask myself constantly How can i get it? How can i be better ? How can i be financially free? How can solve the problem? How can i be rich ?

Change we become better !!! 

When You Have Enough

        We can't choose which family we were born but we can choose what kind of family we going to have. Life... I know life is hard especially lower than average people like me working full time job with average paycheck. I am terribly tired especially working as an engineer in shipbuilding. Every breath I take I have to be very careful, as it will kill my brain cell slowly. I felt nausea always when working onboard the vessel performing site inspection.

        Think of the Why, Start with a Why. Because of the why to give family and future family the best I could in the future, I m willing to work hard right now. Been in poor situation for so many years since small kids. If one never gone through the situation like surviving and need others people help to sustain the family, you will never know how much we have had. I am consider the lucky one as I am the younger among the family, so I knew the pain my family gone through.

       The feeling when spend money, Spend money thinking 3 times even for things that love the most? Have you had enough? A person can do whatever it takes when he/she have had enough. Step out and do something which can change the entire of your family tree. Does a job give security? Does a job guarantee anything? The answer is no, it is temporary that give us the comfortability. If didn't take care whatever jobs have pay us, It will disappear when crisis hit. Growth up with personal development and build your dream. Only you can make a different. If didn't do anything to change the current situation and nothing will change even after 10 years. Stay still is even more costly than changed . You Decide :)

3 Types of Cash Flow Patterns

When I first started my Financial Education journey, I read a book called “Rich Dad Poor Dad” by Robert Kiyosaki – one of the first things I learned was the Cash Flow Patterns of the Rich, the Middle Class and the Poor.

Cash Flow Pattern of The Poor

You will often hear those who struggle mightily when it comes to finances say, “I’m living paycheck to paycheck.”

The unfortunate reality for those who are poor is that they make hardly enough to pay their monthly expenses.  I have met many of them in my life.  Life is hard.  Often times, they are hardworking and honest people – sometimes even working two jobs just to make ends meet; but they have a hard time getting ahead because they are simply treading water.

They save little or nothing with the excuse that they earn too little to save.  Even if they get a pay raise or a bonus check, they will spend the surplus just as quickly.  As a result, they have no financial stability or security.

If something unexpected happens in their lives (e.g., job loss, accident, illness, death in the family), everything comes crashing down and their families suffer tremendously.

The Cash Flow Pattern of The Poor looks like this:

As you can see, all the income from their jobs go to expenses, and there is nothing left in their pockets.

Cash Flow Pattern of The Middle Class

The Middle Class also often lives paycheck to paycheck, but for different reasons and in a different way.

This is the Cash Flow Pattern of the Middle Class:

This cash flow pattern is considered typical by our society.

Those with the Middle Class mindset adopt the very common habit of “earn, spend then save”.

After putting aside some money into their retirement saving accounts (e.g., CPF in Singapore, 401K in the US, RRSP in Canada), they tend to spend their money on different toys and liabilities.  They use their hard earned savings to buy a bigger house and a newer car, which comes with bigger mortgage payments and bigger loans.

They buy the latest handbags, gadgets, watches or home entertainment systems on credit and max out their credit cards.  As a result, there is no additional cash inflow but a lot more cash outflow.  For this reason, most Middle Class families appear to be wealthy, but have very low or even negative Net Worth.  Although their houses and cars may be worth millions, they often owe just as much, leaving very little equity.

Over time, they build a lifestyle that must be maintained by either getting higher paying jobs (which often come with increased responsibilities and stress) or working longer hours.  Many of these people suffer high financial pressure, working hard every month for the bank.  They cannot afford to quit or lose their jobs, and find themselves truly caught in the “Rat Race”.  And if they get fired or laid off, everything comes crashing down.

As a result, they will have to work hard for the rest of their lives, hoping that they do not become seriously ill.  For many, as they approach their retirement age, they will be confronted by the cruel reality that they may never actually be able to retire in their life time.

When I first played Robert Kiyosaki’s Cashflow 101 board game 1+ years ago, I realized for the first time that I was trapped in a “Rat Race”.

It was an enlightening moment.

It was a moment that changed my life.

As I struggled through the board game, I begun to realize what I was doing wrong in my life even though I looked wealthy and successful from an outsider’s perspective.

After playing the game, I begun to change my thinking pattern and devoted my time massively towards financial education and personal development. 6 months after I started my journey, my lifestyle start to change and i just follow what i learn and applied it into my life. Amazing, i have more fun and freedom after that.  

Cash Flow Pattern of The Rich

Now, let’s take a look at the Cash Flow Pattern of the Rich – you will notice that there is ONE simple but yet important difference:

For the Rich, they adopt the “earn, invest, save, then spend” mindset.  Unlike the Middle Class, the Rich is motivated to build, develop and acquire Assets – Businesses and Investments that generate positive cash flow and appreciate in value.  So their first priority is to ‘invest’ their earnings, before saving or spending that money.

Assets put money into your pocket and Liabilities take money out of your pocket.

Now, certainly the Rich also have Expenses and Liabilities, but their Assets and Incomes (often generated by their Assets) are so much higher than their Expenses and Liabilities that they are insignificant in comparison.

Their Assets generate sufficient cash flow to meet and even exceed their monthly expenses.  When this is achieved, they are at a level of financial freedom where they can choose to stop working and they can still sustain their current lifestyle indefinitely.

Although they may ‘spend’ and buy a few luxuries to pamper themselves, often the luxuries are paid for by the income generated by their Assets.

They are now FREE – they can live their lives on their own terms.  That means money-freedom and time-freedom.  Whether that means spending time with their loved ones, travel the world, building schools in developing countries, volunteering their time to the causes that are closed to their hearts or simply doing what they truly love.

As they continue to build their assets, they can expand their desired lifestyle as they wish.

A Few Final Thoughts

If you want to escape the “Rat Race” and become wealthy in the Information Age, the faster you develop your financial and emotional intelligence, the faster you will achieve financial freedom and financial abundance.

In a world with more and more economic uncertainty and less and less job security, understanding how the Cash Flow pattern of different classes work is vital today and will be even more so in the future.

To achieve true freedom in life, you need to see the world from the perspective of a Business Owner and an Investor, not as an Employee or Self-Employed person.

My Mentor once told me, “As you begin your financial education journey, you will start to see the World differently and you will begin to see Business and Investment opportunities everywhere.”

This has proven to be true for me; and it is my hope that it will be the same for you.

I hope you have found value in this posting.  Please share this with your friends and loved ones, so they too can begin their own financial education journey today and live a more purposeful and fulfilling life.

Change Now, Make a different

      Since the last post of mine, i felt i have so much changes. I went to attend property investment seminar, how to create apps, and personal development course. That cost me a lot : ), Let you guess or PM me. How it changed me? That definitely make me and my life partner to the new chapter of life.

Since when I loss my passion ? Since the time I step in the working world. When first start of working, the dream was still fresh of becoming a pilot and keep looking at the related information.
Well...time past pretty fast and after one year i seems like losing myself because of working and working and working until time broke and lost self-motivation. Is it what the a company can give me?

No way... I am starting my journey towards financial freedom and keep chasing for the dream. Life is full of meaning when we are living on our passion. Definitely i love travel and travel makes life more colourful and thats what every pilot second dream after the passion of flying. Thats mine too...travel the world. There are few method for allowing me to travel the world:

1. Become a pilot / air stewardess
2. Having passive income and no worries of financial problem
3. Backpacking and some financial support
4. Having time free and travel for free

So...What is my choice ?

I am choosing a choice of working hard for 2-3 years to achieve financial free and having a lifestyle of luxury travel. By achieving time freedom and financial freedom only we can travel with no worry.

I don't want to work for the rest of my life. Make the changes now and develop myself and change the mindset of millionaire mind.

I am so glad that since i make the decision of changing, actually i make a lot of awesome people.
Make a change now and u will know the different. Don't become a slave for company. Be your own boss.

If you think education is expensive, try ignorance