Wealth from imazinations

Every one experiences failure in one’s life.
For a change, I am not writing ideas from the best selling Harry Potter series, rather, I am trying to share the wisdom from speech of Harry Potter series’ author: J.K.Rowling.
Her life is an exampe of ‘rags to riches’ story – She experienced failures, poverty and what not. However, today, she is one of the most celebrated authors in the world.
How? What moved her? What are her ideas about life?
I listend to a really motivating speech of J.K.Rowling, author of Harry Potter Series on benefits of Failure made at Harvard Business School and published in Harvard Magazine in June 2008
To read full text, you may refer to the website of harvard magazine. (http://harvardmagazine.com/commencement/the-fringe-benefits-failure-the-importance-imagination)
About J.K.Rowling and Harry Potter Series:
Joanne “Jo” Murray, OBE (née Rowling; born 31 July 1965), better known under the pen name J. K. Rowling, a British author best known as the creator of the Harry Potter fantasy series, the idea for which was conceived whilst on a train trip from Manchester to London in 1990. The Potter books have gained worldwide attention, won multiple awards, sold more than 400 million copies, and been the basis for a popular series of films.
Aside from writing the Potter novels, Rowling is perhaps equally famous for her “rags to riches” life story, in which she progressed from living on welfare to multi-millionaire status within five years. The 2008 Sunday Times Rich List estimated Rowling’s fortune at £560 million ($798 million), ranking her as the twelfth richest woman in Britain. Forbes ranked Rowling as the forty-eighth most powerful celebrity of 2007, and Time magazine named her as a runner-up for its 2007 Person of the Year, noting the social, moral, and political inspiration she has given her fandom. She has become a notable philanthropist, supporting such charities as Comic Relief, One Parent Families, Multiple Sclerosis Society of Great Britain, and the Children’s High Level Group. (source Wikipedia’s website)
Extracts from her speech:
So today, I wish you nothing better than similar friendships. And tomorrow, I hope that even if you remember not a single word of mine, you remember those of Seneca, another of those old Romans I met when I fled down the Classics corridor, in retreat from career ladders, in search of ancient wisdom:
As is a tale, so is life: not how long it is, but how good it is, is what matters.
“… by the Greek author Plutarch: What we achieve inwardly will change outer reality. That is an astonishing statement and yet proven a thousand times every day of our lives. It expresses, in part, our inescapable connection with the outside world, the fact that we touch other people’s lives simply by existing “
Her personal website:
www.jkrowling.com

Life history of J.K.Rowling and her ideas on life:

http://www.youtube.com/watch?v=Nm28K-Dgfxs

Here is the link to watch full speech:

http://www.ted.com/talks/jk_rowling_the_fringe_benefits_of_failure.html

Habits of Billionaires

Habit 1: Always exceed expectation
Self made millionaires always exceed expectations. There are three kinds of people at work: Those who meet expectation, those who exceed expectation and those who do just what they are told to do. People who exceed expectations add value to any organization wherever they work.
 Habit 2: Be proactive
Don’t just sit and watch things happening – Be the change you want to see!
Asian currency crisis of Singapore in 1997 hit many companies every hard. However, CEO Ron Sim of Osim International (a company that develops luxury massage chairs) took the proactive action and entered new markets like Hong Kong and Taiwan. Result: Profits of Osim increased!
 Habit 3: Take 100% responsibility
Don’t blame Government, climate, society, parents, education or anyone else please. People who make millions take 100% ownership of their life.
Habit 4: Delayed Gratification
What if you have a goose which gives a golden egg each day? Will you be happy on an egg a day or will you try to open the stomach of goose to get all golden eggs at once? As a result, there won’t be any egg at all.! There are lots of years invested by people before they get an ‘overnight’ success. Invest before you get returns.
Habit 5: Love what you do
If you don’t find the job you love the love the job you find!
If you love what you are doing, you don’t have to work another day in your life.
If a person is obsessed with the work he or she is doing, results are far superior than the person who is just doing the work for sake of doing it.
Habit 6: Act with integrity
“What was the key factor leading to your wealth”? When this question was asked by Thomas Stanley, majority of 733 multi-millionaires responded ‘being honest with people’. Surprising point: his factor was way ahead of other factors like ‘making wise investments’, ‘working hard’ and ‘having a competitive spirit’.
Habit 7: Be 100% committed
Wishing is not enough, a ‘burning disciplined eager desire’ is needed to achieve results. A person gets some thing when it becomes and absolute MUST.
Habit 8: Turn failure into success
“My policy is to learn from the past, focus on the present, and dream about the future. I’m a fi rm believer in learning from adversity. Often the worst of times can turn to your advantage, my life is a study of that” – Donald Trump, after turning around his $935 million debt into a $3.7 billion fortune. Remember the life story of Mr. Steve Jobs of Apple Computer? Read his story from http://wp.me/pHUHq-b6
Habit 9: Respect and love money!
Take a pause and think: Do you think that money is evil? Do you think it is bad? Rethink if you want to be a millionaire as all self made millionaire respect and love money!Above ideas are from international bestselling book by Adam Khoo: Secrets of Self-made Millionaires. You can visit his website www.adam-khoo.com

If the God will give a look at the earth, he will see these thing many times...

Giving Back

the Giving Pledge - a movement spearheaded by Warren Buffett and Bill and Melinda Gates - revealed the names of 40 individuals and families who are taking up the challenge to give away at least half of their net worth during their lifetime or at death. Along with a commitment, the philanthropists all posted a letter explaining why they were taking the plunge. Analyzing their remarks offers a rare glimpse into the minds of the richest of the rich: how they view their fortunes and where they think their money should go after they die. The most common philosophy: That a life of monetary excess can be an empty life if the wealth does nothing to advance a greater cause. Buffett says he and the Gates have pitched the idea to about 70 to 80 people on the Forbes 400 list so far. While Buffett is pleased that half of those contacted so far have risen to the occasion, many of them, including Ted Turner, Larry Ellison, and Thomas Monaghan, had already made a commitment to give away much of their wealth. Still, Buffett says there are many more people to recruit, and he plans to urge others to join the giving campaign through dinners similar to the first hosted in May 2009. "We're off to a terrific start," he says. The cast of billionaires came from far and wide, including a sizeable number from California. For some, such as Monaghan, who founded Domino's Pizza, (DPZ) joining the Buffett-Gates mission was almost like answering a religious calling. Bill Gates contacted the 73-year-old businessman and philanthropist, who has made it part of his mission to promote Catholic higher education. "I came into the world penniless and as a Catholic Christian, I know that I cannot take any of it with me, so it has long been my desire to use the material resources that I have been blessed to help others in the most meaningful ways possible," Monaghan writes in his pledge letter.

Where is my world?

Smile of Riches

William Henry Gates, known to his friends and the rest of us as Bill is probably the world’s most prominent entrepreneur. From a teenager’s interest in computer programming, he founded and built Microsoft to its position of global dominance of the vast personal computer market. He is certainly one of the world’s richest individuals. Entrepreneurs, entrepreneurship and enterprise are today very fashionable topics. The self-made, intelligent and visionary individual, who sets up a business that eventually arrives on everyone’s ‘must have’ list and sees off all rivals, is now the focus of press, film and TV. Entrepreneurs are now role models. Yet, in 1955, when Bill was born in Seattle, very few people ever mentioned the word ‘entrepreneur’. Even as recently as 1975, when Bill Gates and Paul Allen founded Microsoft, calling a business person an entrepreneur was often a term of abuse in Britain, if not in the US.

Warren Buffet also known as “The Oracle of Omaha,” with a net worth of around $36 billion, ranks as the 2^nd richest man in the world, just behind his friend and bridge partner Bill Gates. He came from a small town, leads a relatively simple life, and never forgot his roots, not only that he is also a great philanthropist.Arguably the greatest investor of all time, Buffet is chairman of Berkshire Hathaway. With his uncanny ability to detect undervalued companies and purchase them on the cheap, over his five-decade career, Buffet has gone on to make many people very financially comfortable. Yet his annual salary as Berkshire Hathaway’s chairman and CEO is only $100,000.

Carlos Slim, the Mexican tycoon who has never used a computer and wears a plastic wristwatch, has beaten Bill Gates to the top of the Forbes list of The World's Billionaires. Telecoms tycoon Carlos Slim Helu was ranked as the richest person in the world

The steel King, Laxmi N. Mitttal is a London based industrialist and a Forbes 100 billionaire. He is the richest Indian in the world and one of the richest persons in Britain. Such is the charisma of Mittal that his company is all set to become the world's largest producer of steel. Mittal holds steel assets in South Africa, Poland, Indonesia, and Kazakhstan.

Mukesh Ambani :Asia's richest resident heads petrochemicals giant Reliance Industries, India's most valuable company by market cap. His fortune is up $22.9 billion since last year, making him the world's second biggest gainer in terms of dollars. The biggest gainer was his estranged brother Anil, who ranks 6th in the world just behind his older brother. The sons inherited their fortune from their late father, renowned industrialist Dhirubhai Ambani. But they couldn't get along and in 2005 their mother brokered a peace settlement breaking up the family's assets. Mukesh is using some of his money to build a 27-story home.

 

Sergey Bin is a multi-billionaire who is famous for founding the company Google (which is dominating the holy land as the number one site). Google is already one of the most successful Internet companies of all time, and to the dismay of its rivals is already the number one site in the holy land.