Let us play together Cashflow 101 and Cashflow 202 in Makati and Ortigas every Saturday for this 2009
Cashflow Gathering 2009
What do these successful People have in common?
Bill Gates of Microsoft
Ray Kroc of Mc Donalds Corp
Warren Buffet of Berkshire
Michael Dell of Dell Computers
John Gokongwei of JG Summit
Henry Sy of SM Shoe Mart
Tony Tan Caktiong of Jollibee Corp
Socorro Ramos of National Bookstore.
Are they all college gradute? NO
Are they all scholastically smart? NO
Are they all born rich? NO
They own their own Business.
Create Abundance Business Community invites you to attend Cashflow Gathering to Learn the Fundamentals of Business and Investing based on the best selling books Richdad Poordad and Cashflow Quadrant of Robert Kiyosaki.
Create Abundance is one of the enterprise that promotes ENTREPRENEURSHIP. Our main purpose is to empower people and organizations to generate and fulfill new possibilities based on gifts, generosity, accountability and commitment.
We create and provide services, programs and business vehicles that produce extraordinary results for our business partners.
What will you learn? New Rules of Money > Industrial Age vs. Information Age
In the time of Industrial age those who have machinery own the wealth. Henry Ford of Ford Motor Company.
In the time of information age those who have right ideas, updated information and the right network own the wealth. Larry Page and Sergey Brin of Google.com, Steve Jobs of Apple.
> Savings vs. Investing:
Before saving is smart, Today saving is not enough.
Time deposit interest rate is 3 to 5% per annum. Average inflation in Philippines in year 2008 is 9 to 10%. Your money increase by 5% due to interest but decrease by 9% due to inflation. Now you are negative 4%. You loss 4% purchasing power of your money.
Before, you will notice that you can buy many things in 500 pesos, Today, because of inflation you don't want to break your 500 pesos because you can easily spend it in a blink of an eye.
Is your house asset? if your answer is Yes. You are wrong.
Asset is something that puts money into your pocket, Liability are something that takes away money out from your pocket.
Cellphone, Plasma TV, PSP anything that depreciate in value is a liability. Anything that creates income is an Asset such as Businesses, Franchise and Apartments etc.
> Working hard vs. Working Smart
We are trained in school to work hard for money,but school don't teach us how the money will work hard for you. In this time of economic meltdown working smart is much wiser than working hard.
and many more...
> Good Debts vs. Bad Debts
> Risk vs. Risky
> Reading Financial Statement
> Identify Good and Bad Investment
> Passive Income - Income without working, real state, franchise, royalties, etc...
> Portfolio Income - stocks, mutual fund, bonds etc....
Schedule for March every Saturday
March 7, 2009 (8:30am to 1pm)
March 14, 2009 (8:30am to 1pm)
March 21, 2009 (8:30am to 1pm
March 28, 2009 (8:30am to 1pm)
Where:
Ortigas The Venue Restaurant, Pearl Plaza, Pearl Drive, Pasig City
Registration Fee: P400, meal included plus bottomless ice tea bring a friend and get 50% discount each)
Makati Spicy Fingers Greenbelt Makati City
Registration Fee: P400, meal included plus bottomless ice tea bring a friend and get 50% discount each)
Alma Panganiban/ Ferdie Panganiban
0920.669.5065 / 0915.725.8561 / 0923.401.4239 /02.828.9330
Microsoft Founder Bill Gates, turned full-time philanthropist. Let us take a look of his last day at Microsoft.
Featuring... Brian Williams, anchor and managing editor of NBC Nightly News Jay Z , American hip hop artist. Bono, main vocalist of the Irish rock band U2 Steven Spielberg, American film director and producer. Matthew David McConaughey, American actor. George Clooney, Academy Award-winning American actor Jon Stewart, American comedian, and television host Hillary Clinton, wife of Bill Clinton, presidential candidate for 2008 election. Barack Obama, the first African American President of United States
from microsoft... Steve Ballmer, Christine White, Lisa Brummell, Robbie Bach, Kevin Turner, Ray Ozzie, and Craig Mundie. … and
President Bok, former President Rudenstine, incoming President Faust, members of the Harvard Corporation and the Board of Overseers, members of the faculty, parents, and especially, the graduates:
I’ve been waiting more than 30 years to say this: “Dad, I always told you I’d come back and get my degree.”
I want to thank Harvard for this timely honor. I’ll be changing my job next year … and it will be nice to finally have a college degree on my resume.
I applaud the graduates today for taking a much more direct route to your degrees. For my part, I’m just happy that the Crimson has called me “Harvard’s most successful dropout.” I guess that makes me valedictorian of my own special class … I did the best of everyone who failed.
But I also want to be recognized as the guy who got Steve Ballmer to drop out of business school. I’m a bad influence. That’s why I was invited to speak at your graduation. If I had spoken at your orientation, fewer of you might be here today.
Harvard was just a phenomenal experience for me. Academic life was fascinating. I used to sit in on lots of classes I hadn’t even signed up for. And dorm life was terrific. I lived up at Radcliffe, in Currier House. There were always lots of people in my dorm room late at night discussing things, because everyone knew I didn’t worry about getting up in the morning. That’s how I came to be the leader of the anti-social group. We clung to each other as a way of validating our rejection of all those social people.
Radcliffe was a great place to live. There were more women up there, and most of the guys were science-math types. That combination offered me the best odds, if you know what I mean. This is where I learned the sad lesson that improving your odds doesn’t guarantee success.
One of my biggest memories of Harvard came in January 1975, when I made a call from Currier House to a company in Albuquerque that had begun making the world’s first personal computers. I offered to sell them software.
I worried that they would realize I was just a student in a dorm and hang up on me. Instead they said: “We’re not quite ready, come see us in a month,” which was a good thing, because we hadn’t written the software yet. From that moment, I worked day and night on this little extra credit project that marked the end of my college education and the beginning of a remarkable journey with Microsoft.
What I remember above all about Harvard was being in the midst of so much energy and intelligence. It could be exhilarating, intimidating, sometimes even discouraging, but always challenging. It was an amazing privilege – and though I left early, I was transformed by my years at Harvard, the friendships I made, and the ideas I worked on.
But taking a serious look back … I do have one big regret.
I left Harvard with no real awareness of the awful inequities in the world – the appalling disparities of health, and wealth, and opportunity that condemn millions of people to lives of despair.
I learned a lot here at Harvard about new ideas in economics and politics. I got great exposure to the advances being made in the sciences.
But humanity’s greatest advances are not in its discoveries – but in how those discoveries are applied to reduce inequity.
In Depth discussion of Global Recession with Mike Enriquez and Marian Rivera. Know what is global recession, Learn the effect of global recession in the Philippines especially to electronics and garments factories.
Are you happy with your financial result right now? Yes? No?
Who is in charge with your financial result? Parents? Teachers? Wife/Husband Government? YOU?
To change your financial result who need to change? You? Other people?
If your answer is YOU we invite you for FREE Financial Training Program to become a better person financially. To take control of your finances instead your finances take control of you.
Who: Createabundance 2020 Business Community Our Dream: First World Philippines. Our Purpose: Spread financial education throughout the nation and the world. Our Mission: Have the power and freedom of creating abundance alive and real for all people.
Free Registration
Module 1. Awareness - Uncovering Money Operating Systems: Module 2. Understanding - Source of Limiting Wealth Beliefs and Empowering Wealth Beliefs Module 3. Reconditioning - Reprogramming Money Operating System
When: Tuesdays, Wednesdays, and Thursdays Time: 3:00PM-6:00PM and 6:00PM-9:00PM
Ortigas: Starbucks Coffee, Pearl Plaza Bldg., Pearl Drive, Ortigas Center, Pasig(near the area of SM Megamall Bldg B, University of Asia and Pacific & Richmonde Hotel, Pearl Drive is parallel to San Miguel Ave.)
Congratulations to all Graduating students. Now, Welcome to the Rat Race. It is a hard fact that beside to those un-employed Filipinos, new batch of Filipino job seekers will find their luck to find working survival work especially in this time of economic meltdown.
Are you an Engineer? CPA's? etc.. because of few available vacancy in your line of specialties, are you ready for a call center job? May be it is one of the most decent job to make good income now a days.
Or because of the economic recession would you rather consider to start your own business?
Anyway the choice is yours.
"Whatever is our life today, is just a reflection of what we did in our life yesterday" "Our life in the future, will just a reflection of what we are doing in our life today."
What do you feel when you see a hamster running in the wheel? We normally smile and happy watching the innocent hamster keep running and running into race but going nowhere. We might say to ourself, "Poor Rat".
How do you Live your Life?
Do you live differently as the hamster do? Yes or Yes?
A Person is Running in the Big Wheel (see picture above). In life that person represents us, and the wheel represents the Wheel of Life.We just kept working and working everyday going nowhere and can't get ahead in the wheel of life. If you found youself in this situation then you are Trap in the Rat Race.
Rat Race is a way of living just to survive. Sa Pinoy ,"isang kahig, isang tuka". If you are working for so many years now and still broke then you are in.
If you are an executive, OFW, nurse, doctor, lawyer, high-paying professional etc... as long as you are working for the purpose of survival or maintaining your lifestlye, you are still in the race.
But you know what? We can escape this trap if we'll educate ourself on how to create Passive Income.
So what is Passive Income? It is an Income without physically working. Examples of passive income are real estate, franchise; royalty fees from books, music, intellectual properties; network marketing, businesses, stocks, bonds, mutual funds, certificate of deposits, etc. (Caution: educate yourself first before attempting to invest in Passive Income. Most of these are tricky).
Of course it is easier said than done. If you want have an actual experience on How to escape the Rat Race and Build Passive Income, play Cashflow 101.
If you are a business-minded person who wants to mold the Entrepreneur within you and wants to educate others to mold the Entrepreneur within them.Createabundance Business Community invites you to register online, kindly visit http://ca2020.net/. Feel Free to join in the discussions , and always abide by the house rules...Ferdie Panganiban.
