222

$show=home

Welcome to Accounting Education

The Accounting University with 3400+ Accounting contents as study material which can watch, read and learn anyone, anywhere.

Start your studies

$show=home

Journal Entries $type=three$count=6$author=hide$comment=hide$label=hide$date=hide$show=home$s=0

Balance Sheet $type=three$count=6$author=hide$comment=hide$label=hide$date=hide$show=home$s=0

Think like a Rich Person - Part 2



Welcome in the part 2 of "Think like a Rich person". In part 1, I taught you that if you think about luck means give less and earn big or pity of other, you can not become rich because your poor thinking will bring your bad habit of blaming other and complain each things and bringing fake mind logic that you are accurate in everything. With this, you will be far from people, community and success. So, you have to leave your bad habits of blame, not improving yourself and complaining and backbite.

In part 2, we go forward to compare Thinking Like a Rich Person and Thinking Like a Poor Person

Thinking Like a Rich Person Vs Thinking Like a Poor Person

Thinking Like a Rich Person 

(A) I will Invest My Money for Getting Big Return from it

Every investment has the risk. It is normal saying. More risk and more profit. Rich people make the goal to invest money for getting highest return from it. They behave like a hunter. They think like a tiger whose goal is to kill the deer at any cost and eat as big reward. Here is not investment of money. Here is investment of your money, time and energy. Money is called invested money. Time is called invested time. Energy is called invested energy.

(i) Tiger does not fear, how much run far for getting deer.
(ii) Tiger does not fear, how long battle with any animal for killing him.
(iii) Tiger does not fear, if other animal will harm him. He only thinks that God made him tiger and other is his food.

Now, rich people apply it on his thinking

(i) I am tiger and it is my goal to invest the money, time and energy to achieve my goal return.

(ii ) I am tiger and it is my goal to fight with every obstacle to win my fight for getting return on my investment. For example, you are the salesman and your customer will reject to buy your product. You have invested your money for its marketing, you have invested your time to find same customer. You have invested your energy for getting same customer.

Now, think like the tiger, you do not give up. 

(i) If customer says, he needs cash on delivery accept it. or make your strategy to convince that he should buy by paying advance.

(ii) If customer says, he needs only one product. Accept it or make your strategy to convince that there are lots of benefits of buying all. Make the list of these benefits advance.

(iii) If customer says, he does not have money. Try to give option to pay in installment.

(iv) If customer says, I will talk in evening. Write in copy. Remind him because you have the burning desire to reward from your time, money and investment. Why did call and pay your mobile bill. If you are lazy for not call in evening. Your mobile bill is waste of your investment. But rich people manage it by appointing the employee who remind the customer and achieve his goal.

(v) If customer say, your price is high. Make the strategy to give superior quality of your product. Make advance list of your product quality.


Tiger has every solution because he is determined to kill deer and get its meat. Rich people has solution because he or she has determined to achieve his goal


Learning Point For You


Set Your Annual Investment Goal

You have to set the investment goal. How must investment, you will do in a year in your project. Write detail of your investment

I will invest Rs. 2,00,000 in my online business in one year.

I will invest my 120 Days full in my online business in one year.

I will invest my 8 hrs full energy in 120 days in my online business. I will take every action.



Set Your Annual Income Goal

You have to Set Annual Income Goal

I will earn equal from my investment in one year as 100% return on my investment of my time, money and energy  in one year.



Thinking Like a Poor Person

(B) I will Invest My Money for safety of my invested money

This thinking like a poor makes him stress and change his focus. If safety is more important than return, he spends the whole energy only safety. He will make only goal for paying bills because paying bills is important to survive his life and it is law of nature, you will get only money for paying monthly bills.

He will make the goal of living only comfort zone. This comfort zone brings lots of fear in his mind. One side fear of future happening, if he will unable to pay the bills and second fear of future when he bought out of budget due to living in comfort zone and unable to pay same bills.

Learning Point for You

Never think like poor person. Never set the goal for paying bills. Set big goal of net worth for one year. Set big goal of annual income. Never live in comfort zone. Take small risks daily. To fear and live in comfort zone is the quality of deer. But you are tiger and come out from comfort zone and increase your self confidence.

Download Think Like a Rich Person eBook

Related Contents 

Part 1

 


Name

access,2,account,86,accountant,95,Accounting,683,accounting definitions,99,accounting ebook,3,Accounting education,85,Accounting Education Ads Help,1,accounting procedure,2,accounting process outsourcing,2,Accounting Software,52,advance,3,advertising,6,africa,7,Amalgamation,6,amendments,16,Amortization,1,announcements,62,Annuity,2,assets,53,audit,47,auditing,41,Australia,2,B.Com.,22,balance sheet,87,bank,111,Bank reconciliation,12,banking,33,basic accounting,110,BBA,1,benefits,13,best,50,bill,12,black money,3,blog,12,bloggers,7,book keeping,4,bookkeeping,3,Branch Accounting - full tutorial,8,budget,35,Budget variance,13,business,65,businessman,9,CA,30,calculator,4,canada,3,capital,72,capital budgeting,27,career,21,cash,40,cash book,8,cash flow statement,11,Chiense,1,children,13,china,6,class,3,coaching,2,coins,2,college,6,commerce,10,commerce students,7,company,36,computer,9,computer accounting,1,conference,4,Contact vinod kumar,1,Control Your Spending,27,corporate accounting,69,cost,160,cost accounting,195,cost center,8,cost centre,1,CPA,2,credit,18,credit card,11,cs,10,currency,35,data,11,Debit and credit,17,debit cards,1,debt,62,debtor,21,degree,6,depletion,2,depreciation,38,Diwali Messages,12,documents,4,dollar,5,domain,3,Downloads,3,Dubai,1,e-accounting,17,earning,17,education,246,Education Loans,6,email,15,employee,4,EPF,2,ERP,7,euromoney,1,examination,7,excel,17,excise duty,6,expenses,65,facebook,7,factor of loan,1,fans,2,feature,32,fifo,5,FII,4,fiji,1,finacle,1,finance,823,Finance Journal Entries,6,Financial,134,financial accounting,147,Financial Statements,4,fire insurance,3,flickr,2,flow,4,forensic,4,forex,21,formula,8,france,1,fraud,6,free,2,fun,34,function,1,fund,48,GAAP,36,GDP,1,gdr,5,germany,1,gold,7,goodwill,4,goodwill accounting,3,google,34,google apps,3,google apps,1,google base,1,google buzz,1,google calendar,1,Google docs,38,google finance,3,google fusion tables,1,google talk,5,govt.,5,GST,33,guide,85,health,6,Hindi,2,Hindi Language,3,history,3,holding company,3,How to treat FBT in Tally 9,1,HRA,3,ICAI,11,ICAWI,3,ICICI Bank,1,IFRS,11,income,17,income statement,19,Income Tax,7,India,57,indian railway,1,Indonesia,1,inflation,4,inflation accounting,3,infographics,8,information,7,inspiration,176,insurance,14,insurance accounting,2,Intangible,3,interest,26,international,7,Internet,40,Introduction of Tally 9,1,inventory,41,investment,135,investment in Shares,6,invoice,3,IT,1,Japan,1,Job costing,4,journal entries,143,Journal Entries eBook Help,4,Kalculate,1,keyboard,3,kuwait,2,laptop,2,law,4,LBT,1,learning,36,lease,5,lecture,11,ledger,17,leducation,1,Leverage Analysis,7,liabilities,16,lifo,3,linkedin,1,loan,74,logical point,1,loss,5,loss of profit,1,M.Com.,5,m.phil,2,malaysia,3,management accounting,129,manual accounting,4,manufacturing account,1,market,11,marketing,3,mastercard,2,material,13,MBA,14,MCA,1,media,4,migration,2,mobile,9,money,61,ms word,3,ms. excel,14,multi currency in tally 9,1,Multicurrency Accounting,3,mutual fund,30,national security,1,new and sacrifice ratio,1,new york times,1,new zealand,1,news,1,NGO,5,nonprofit-accounting,6,North Georgia Mountains,1,Notification,1,NPV,17,NSE,1,odbc,2,office,10,oman,1,online application,2,online accounting,11,Online Accounting Course,5,otcei,1,pakistan,3,parents,3,Partnership,1,pay pal,3,pdf,4,Personal Finance,6,pie chart,1,pie chart of income,2,pnb,5,podcast,1,ppf,1,presentation,10,price,7,privacy policy,2,prof. vinod kumar,13,profit,24,profit and loss account,12,project management,11,provision,14,purchase,9,puzzles,2,quickbooks,2,Quote,22,quotes,42,quotes of svtuition,1,rating agency,2,ratio analysis,34,RBI,7,readers,13,real estate,13,rectification of errors,11,remote control,2,reports,10,reserves,8,responsibility accounting,4,retirement,2,revenue,3,Revenue reserves,2,review,7,risk,11,rupees,9,salary,5,sale,12,SAP,3,saudi arabia,1,saving,19,sbi,9,scholarship,2,school,1,SEBI,13,security,30,service tax,23,share,20,share trading,15,Shares,16,shri lanka,3,singapore,2,sms,6,social accounting,7,society,5,solution,219,South Africa,1,stock,24,stock exchange,22,structure,6,student,39,students,70,study,21,subsidiary company,2,svtuition,14,swiss bank,2,tally,100,tally 9,8,Tally 7.2,8,Tally 9,42,Tally.ERP 9,59,TallyPrime,1,tanzania,2,tax,94,Tax Accounting,30,TDS,15,teacher,62,teaching,112,technology,33,test,40,testimonial,15,testimonials,15,thailand,1,tips,60,trading,5,trading on equity,2,transaction,7,trend,12,trial balance,14,truthfulness,1,tuition,3,twitter,10,UAE,5,UGC - NET Commerce,13,UK,11,United Arab Emirates,1,university,9,usa,25,valuation,9,VAT,22,Video,36,Voucher and vouching,4,Wealth,8,wikipedia,25,working capital,29,youtube,14,
ltr
item
Accounting Education: Think like a Rich Person - Part 2
Think like a Rich Person - Part 2
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi4maLhTq9dKl43vW9rBWE6oNTDDsyyOvNmK95PF3NJM74L3r7wxWSNsXLUEM7u_maBQkWhtjTpIAPVzmx1ylVDUaNgmsp66Rghgv97l_aBawcOhf95X7pQOQJ1X10VfOKSCnDeCQell8k/s640/workplace-1245776_1280.jpg
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi4maLhTq9dKl43vW9rBWE6oNTDDsyyOvNmK95PF3NJM74L3r7wxWSNsXLUEM7u_maBQkWhtjTpIAPVzmx1ylVDUaNgmsp66Rghgv97l_aBawcOhf95X7pQOQJ1X10VfOKSCnDeCQell8k/s72-c/workplace-1245776_1280.jpg
Accounting Education
https://www.svtuition.org/2019/10/think-like-rich-person-part-2.html
https://www.svtuition.org/
https://www.svtuition.org/
https://www.svtuition.org/2019/10/think-like-rich-person-part-2.html
true
2410664366776677676
UTF-8
Loaded All Posts Not found any posts VIEW ALL Reply Cancel reply Delete By Home PAGES Contents View All RELATED CONTENTS FOR YOUR LEARNING Topic ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy