Go For It

“What will you create? Whatever it is, run after it like we [Nvidia] did. Run. Don’t walk.

Remember: Either you’re running for food, or you are running from becoming food!

And oftentimes, you can’t tell which. Either way, run.”

Jensen Huang, the founder and CEO of Nvidia. He encouraged students to be agile for the opportunities brought by the AI revolution, to have the humility to admit failure and ask for help as well as to endure the needed pain and sacrifice for realizing their dreams in his commencement speech at National Taiwan University (NTU) on May 27 in Taipei.

Story – The Lion and the Clever Fox

Long ago, there lived a lion in a dense forest. One morning his wife told him that his breath was bad and unpleasant. The lion became embarrassed and angry upon hearing it. He wanted to check this fact with others. So he called three others outside his cave.

First came the sheep. The Lion opening his mouth wide said, “Sheep, tell me if my mouth smells bad?” The sheep thought that the lion wanted an honest answer, so the sheep said, “Yes, Friend. There seems to be something wrong with your breath”. This plain speak did not go well with the lion. He pounced on the sheep, killing it.

Then the lion called the wolf and said, “What do you think? Do I have a bad breath?” The wolf saw what happened to the sheep. He wanted to be very cautious in answering a question. So, the wolf said, “Who says that Your breath is unpleasant. It’s as sweet as the smell of roses”. When the lion heard the reply, he roared in an anger and immediately attacked the wolf and killed it. “The flatterer!” growled the lion.

Finally, came the turn of the fox. The lion asked him the same question. The fox was well aware of the fate of the sheep and the wolf. So he coughed and cleared his throat again and again and then said, “Oh Dear Friend, for the last few days, I have been having a very bad cold. Due to this, I can’t smell anything, pleasant or unpleasant”.

The lion spared the fox’s life.

Moral:  Do not involve yourself in a bad company or a bad situation else you may end up getting punished for no fault of yours.  Sometimes, It’s wise to stay away from certain situations.

Source:  https://www.moralstories.org/lion-clever-fox/

Practicing Mindfulness

You’re Responsible for Managing Your Money

“Don’t be like a ship at sea without a rudder, powerless and directionless. Decide what you want, find out how to get it, and then take daily action toward achieving your goal. You will get exactly and only what you ask and work for. Make up your mind today what is it you want and start today to go after it! Do It Now!” ~ Napoleon Hill

When you understand that you alone are responsible for managing your money and building wealth, everything changes. It’s not up to the government or your neighbor—it’s all on you.

Take control and make it happen.

It is ultimately the choices and actions you take with your money that have the greatest impact on your financial well-being.

It is about developing disciplined spending and saving habits, being responsible with debt, making wise investment decisions, and exhibiting patience and long-term thinking when it comes to financial goals.

Start by thinking about your end financial goal. What is the number (amount needed for retirement) you are aiming for? Once you have that number in mind, consider what actions you need to take now to make it a reality. If you’re unable to invest a lot right now, think about what steps you can take to change that situation.

Break down your goals into smaller, more manageable tasks, and you’ll be surprised at how much progress you can make.

Even if you cannot afford to invest $1,000 monthly, do not allow that to discourage you from investing. Beginning with more modest amounts such as $25, $50, or $100 can be a great starting point. It is crucial to make investing a priority, no matter how little, and then gradually increase your investments as time goes by.

When striving to build wealth and for financial freedom, don’t forget the importance of maintaining good health. True wealth is not only the freedom to pursue personal goals, but also the presence of good health. Without good health, financial freedom holds little to no worth.

While a healthy person desires numerous things, a sick person longs for just one: good health.

Quote: Do Something Different

“One of my guiding principles is don’t do anything that other people are doing. Always do something a little different if you can. The concept is that if you do it a little differently there is a greater potential for reward than if you do the same thing that other people are doing. I think that this kind of goal for one’s work, having obviously the maximum risk, would have the maximum reward no matter what the field may be.” ~ Electrical engineer Seymour Cray—who made a number of improvements to computer performance and is often credited with inventing the supercomputing industry—explains his approach to doing groundbreaking work.

Source: Interview with David K. Allison, Smithsonian Institution Computer History Project (May 1995)

Defining Wealth

Frequently, when discussing wealth, the importance of good health is overlooked.

Being wealthy means more than just having money—it also means having good health. So, while you’re working hard to build wealth and be financially free, don’t discount the importance of good health.

Wealth is not about having the most expensive possessions, but rather having the freedom to do what you want, feeling joy and contentment in life, and being healthy. This is the best definition and meaning of wealth.

Elephant and Limiting Belief

The first trick an elephant trainer teaches an elephant is not to escape.

When the elephant is still but a baby, the trainer chains the infant’s leg to a huge log, so when/if the elephant tries to escape, the log proves stronger and he gives up. Eventually the elephant becomes so used to its captivity, that even when it has grown huge and strong, all the trainer has to do is merely tie a rope around the elephant’s leg to anything – even a peg and the elephant won’t even try to escape. It has become a prisoner of its past.

“The Elephant Rope” is a story about limiting beliefs. The elephants were conditioned from a young age to believe that they could not break free from the rope. As a result, the elephants never tried to gain freedom again, even when they were fully grown and capable of doing so.

Moral of the story: Limiting beliefs can hold us back from reaching our full potential. We may have been conditioned by our past experiences or beliefs to believe that we cannot achieve something, but in reality, we may be more capable than we think. By breaking free from our limiting beliefs and challenging ourselves, we can achieve great things.

Source:  https://www.notsalmon.com/2015/04/29/limiting-beliefs/