Sunday, February 21, 2010

Wink and Grow Rich by Roger Hamilton

From the title, you would think that this book is riding on Napolean Hill's "Think and Grow Rich" classic, which is highly recommended by many international speakers and authors. I chose to read this book because it is not too thick and it seems not a difficult book to read. And best of all, there are drawings in some pages :)

The story is about a young man who went around to find wealth and met a number of wise and wealthy people who teached him how to find wealth. There are too many lessons to be learnt so I will just write out the takeaways from each of the people he learned the lessons from.

The Well (beginning)
- Think it, Ink it (write it down)

The Optometrist
- Clarity and focus on vision
- 4 levels of communications a) exchange, b) connect, c) motivate & d) inspire
- Choose the level you want to play at
- What you see is always what you get
- Ask and you shall receive

The Plumber
- Think it, ink it, do it, reveiw it
- Learning is a game
- Invest more of your time, spend less of it
- Invest more of your money, spend less of it

The Gardener
- Your well is in your words
- Wealth is the beginning, not the end
- Sow, nurture and reap
- Your position is your compass

The Fisherman
- To know and not to do, is not yet to know
- Value is the river in which wealth flows
- Becaome an inspired work-in-progress
- Plan to fail

The Rower
- See the wood from the trees
- Opportunities lie in every moment
- The key to leverage is how you use it
- Sustainable wealth follows a rhythm

The Musician
- Time is your most precious asset
- Harmony is the foundation of wealth
- Time has seasons
- It's not just what you do, it's when you do it
- When you resonate, you accumulate

The InnKeeper
- You settle for your standards
- A five star life is easier than a two star life
- Your environment is your playground
- You are the results of your choices

Here's one quote which I think its good
"You won't make dollars if you can't make sense."

I was pleasantly surprised at the depth of this book. Very refreshing and I had learnt a lot. My main learnings are the "4 levels of communications", "think it, ink it, do it, review it", "invest more of your time, spend less of it", "your well is in your words", "sow, nurture and reap", "become an inspired work-in-progress", "you settle for your standards" & "a 5 star life is easier than a 2 star life".

Fantastic book. I would recommend all to have a read if you are interested in not only having more wealth but to have a better life.

Tuesday, November 10, 2009

Guide to Becoming Rich Without Cutting Up Your Credit Cards by Robert T Kiyosaki

I have this book for quite a while and have not picked it up as I was a bit bored with Kiyosaki books as the main contents are always the same, ie the quadrant and the different money making methods (Business, real estate and paper investments). As I was getting busier with my work, I decided to have an easy read.

This book proved that it was about the same as his previous books. My take away from this book is expenses should not increase at the same rate as your income.

It teaches some methods on how to reduce your overrun credit bills, how to reduce your bad debt and teaches on what are good debts which are good leverages in building a long term income.

Anyway, if you have read his Guide to Investing, I believe it covers most of what you can read in this book.

Sunday, August 9, 2009

Practical Solutions for Everyday Work Problems by Elizabeth Chesla

When I saw this book, there were only 2 things in my mind. One is that even though it does not look brand new, it is still rather cheap and the other being I can get some tips in solving my work problems, which seems to be coming at me continuously throughout the whole day. After going through the book, here are my 20 takeaways.

1) State current situation, then the desired situation.

2) Identify the problem.
- problem must be a fact, not an opinion.
- problem must be manageable (something can be done to solve it)

3) Set goal
- Specific, measureable, ambitious & realistic

4) Break problem into parts
- questions and answers must be relevant
- keep records

5) Must have positive attitude and beliefs (must believe that you can before things are done)
- face reality, do not run away from the problem
- trust intuition
- be patient

6) Be in a good environment

7) Observe to see what others overlooked

8) Put yourself in other people's shoes

9) Practise creativity

10) The more creative you are, the more possibilities you can uncover. And the more possibilities you uncover, the more likely you are to find the best solution for that situation.

11) Just start to write something, anything to stop the writer's block.

12) Brainstorm. No censor, no criticism

13) Listing - list all possible answers, without thinking to come up with best answers.

14) Mapping - Enables you to see realtionship between different ideas.

15) Drawing connections - connecting between random words and the problem

16)No creative solution. Normally stuck in one way of thinking due to problem handled in certain way. Need paradigm shift.

17) Evaluation solutions.
- Ranking by criteria. Effectiveness, feasibility, time, cost. human resources, difficulty/ease of implementation, risk. Use table to rank.
- Pros and Cons

18) Errors in reasoning during evaluation.
- Appeals to emotions. Fear, vanity, flattery, scare tactics, peer pressure, pity
- Assuming a possible consequence will happen if you do something.
- Thinking you have only 2 options when you could have more options.
- Reasoning going in circles, ie no real reasons
- Assuming a situation which might not be true.

19) Action Plan
- Break solution down into tasks to be accomplished
- Determine order in which tasks must be completed
- Determine who will handle each task
- Determine how long for each task and how much it costs
- Set specific start and end dates for each task
- Develop contingency plans

20) Present the solution
- Consider your audience
- Clearly define the problem
- Summarise the problem
- Present the solution
- Anticipate objections.

I felt that the book is a good book for beginners in starting his/her working life. It give the basic steps to look at problems. It has been refreshing, though i had hope to learn new ways to tackle problems.

Tuesday, August 4, 2009

Fish! Sticks by Stephen C. Lundin, John Christensen and Harry Paul

This is sort of a continuation of the 1st book, Fish!. For those who have not read the 1st book, it would be better if you read it 1st before reading this book. This is in fact the 3rd installment from these authors of the Fish! philosophy. The 2nd book is Fish! Tales, which are real life stories about people who used the Fish! philosopy.

This book differs from the 1st book in that the 1st book teaches about the concept of the philosophy and this book introduces methods to make the change sticks.

There are 3 main ingredients in this book; Find it, Live it and Coach it.

In any job, one must be committed to something. There must be something that you believe dearly in order for you to function as productive worker. There must be something that makes you have passion in what you are doing, so that you are constantly thinking of new improvement ideas. It may be that you want to be supportive to your colleagues, it may be that you want to create a good working environment or it may be that you want to better yourself every year. Whatever it is, you have to "Find it".

After finding your committment, you have to "Live it". If your committment is to support your colleagues, you will find ways to live to your committment. You can observe if your colleagues need assistance in certain jobs, or you can help by simply suggesting a method to make your colleagues' job easier. Living true to your committment requires discipline and consistency.

Coaching others sometimes can be difficult, especially if the other party is a more senior or experienced person. In "Coach it", it does not matter who the other party is. What matters is if you have better ideas and experience in doing that exact task. We are all good at something, be it writing a report, repairing the TV, analysing data or even a leisure workout.

Practising all these 3 parts would help to make any change sticks in any organisation.

Monday, June 29, 2009

Fish! by Stephen C Lundin, Harry Paul and John Christensen

Of the 3 books in the Fish! series, I started reading the last and latest one, Fish! for Life. Reading just a quarter of that book, I felt a compelling urge to get my hands on the 1st installment before continuing with the book.

I am so glad that I got this book in super quick time and also finished reading it within 3-4 hrs. In fact, if you are a fast reader, I believe you should be able to finish the book in 2 hours. I was engrossed when the story unfolds on the work environment as it was very similar to mine. Plain boring to many of my staff. I was interested to know how Mary Jane, the main character, would be able to motivate her staff to have better output and give better customer service.

The 4 main ingredients are:

1) Choose your Attitude. We have a choice to choose our attitude everyday at work. We can choose to be grumpy and be zombie like or we can be as cheerful as a humble bee.

2) Play. Having fun at work with your colleagues would make your job more interesting and produce happier workers.

3) Make their Day. How do we engage our customers so that we can "make their day"?

4) Be Present. When corresponding with a customer, either external or internal, we are often distracted by our phones and interruptions. Being present with the customer shows your respect and your dedication to that person, which in turn will be reciprocated.

Though it looks difficult to implement in my office, I would try to do something. 1st, I believe I have to get a copy for my line manager. Stay tune for the reviews of the next 2 Fish! books.

Friday, May 22, 2009

Five Persons you Meet in Heaven by Mitch Albom

This is the 3rd Mitch Albom book that I have read. I will try to write on the 1st books, For One More Day, when I get the chance. After reading Tuesdays with Morrie, I began to wonder the rational behind the popularity of the books from this author as his storyline is always surrounding death. Why are people so fascinated with death? For me, I think his popularity is due to his way of writing and the language he used which makes his books easy reads.

In this book, an amusement park maintenance head died while saving a small girl when an accident happened. He then met 5 persons which has some effect on his life. In this world, people who died will meet 5 persons who will each tell a story in which the dead person is to learn something out of them.

The 1st person was a man who performed in the amusement park when Eddie(the dead person) was a kid. This man tells Eddie how Eddie caused his death, though Eddie did not know it. He showed Eddie how an action from Eddie caused other actions, which in turn caused his death.

The 2nd person is his army captain. They were in a war and were taken as prisoners of war. After 6 months of captivity, they managed to escape but before they do, Eddie was hesitating and this is causing the whole crew to be killed. The captain then told Eddie that it was him who shot his leg, so as to save the whole crew. The captain also subsequently died saving his whole crew.. His lesson for Eddie was that there is always a cause for every action.

The 3rd person is his wife, who died of cancer at an age of 49. His wife was always supporting him, when when he was in the war, married him when he came back. She motivated and encouraged him.

The 4th person was Ruby, the founder of the amusement park. Though Eddie has never met Ruby, she described how her husband built the amusement park for her, how they lost the amusement park and how they died poor. She also showed Eddie on why Eddie's father died. Everyone thought Eddie's father died due to his drunkenness. The truth was his father was trying to save his friend who fell into the raging sea. He developed puenmia and died. Eddie then regretted not communicating with his father.

The last person is the girl. The girl is at the village when Eddie, as a soldier, thought he saw her. This girl died as Eddie did not save her. The girl then showed to Eddie that he did however save the girl in the amusement park at the expense of his own life.

The story ended with that. From this story, I wonder who will be my 5 persons when I die and what would they be telling me.

Tuesdays with Morrie by Mitch Albom

I realised that I have not been written any blogs for quite sometime, in fact , it was about 7 months back since I have logged any of my reading tots on this blog. I have since read quite a few books, though not as many as I wanted. I have also purchased more than 30 books, which I hope I will finish reading in the near future and share with everyone in this blog.

Tuesdays with Morrie is a book which I have heard much about. Since I read my first Mitch Albom book - For One More Day, I have wanted to read his other books. And when I asked around on Mitch Albom's books, I was surprised that his books are very popular and Tuesdays with Morrie is considered by most one of the great books of our time. I think the best words to describe this book is "mind-provoking". There are many Tuesdays which Mitch words sank into my mind with much after effects.

After reading this book, around Feb 09, I have had numerous tales and thoughts that I would want to blog down. I decided to go more in depth into each of the provoking phrases with my own experiences or/and theories. I will try to write as many blogs as i can in my personal tots blog.

This book begins with how the author gets his reunion with his college professor after 16 years. It was under unfortunate circumstances that it was due to his professor's pending death that the author "remembered" his professor. After their first meeting, he was invited to his professor's house for chats on every Tuesday. Morrie's thinking and his way of life comes alive for all to see during these short chats.

Morrie is also very humorous. One of them is the way he says that the ultimate dependency is for others to have to wipe your ass. One of the phrases Morrie said which is very infixed in my mind is "once you learn how to die, you learn how to live". I think this is so very true. In life, though there are many situations which you have no control over, your life's direction is primarily determined and shaped by you and only you. How you choose to die and how people remembers you by when you die is also in your hands. Whether you want your friends to think you as a miser or a generous friend. Whether you go way out to help a friend or you are passive in relationships. Whether you are a loud or soft person. All these are up to you.

In all, I feel that this is one of the best books that I have read. The best part is of course its mind provoking phrases. As usual, the books which have been good reads to me must be easy to read. The language and the style of this author has been great. Just a couple weeks ago, my niece, aged 11, asked me to buy this book for her. I was rather surprised as I felt that though this book is an easy read, it should be read by people who are older and who can understand death better.