Skip to main content

WealthStrategies 101 - Avoid the Free Lunch Attitude – A Lesson Learned From Bo Sanchez' The Truly Rich Club



Have you encountered an office-mate  a friend or a classmate saying, “I will only go out for lunch if someone will treat me…”  or heard a conversation something like this… 
Friend#1:  Someone invited me on a seminar about Financial Mindset and Financial Literacy Matters. Do you want to go with me? I am sure we will learn from this.
Friend#2: Is it free?
Friend#1: Nope, there’s a fee. Not free.
Friend#2:  I can’t go. I don’t have money. I will ONLY attend if it’s FREE. 
End of conversation.



Here’s the lesson I got from Bo Sanchez' The Truly Rich Club monthly newsletter "WealthStrategies":
“If you’re receiving a free lunch today (in any form), thank God for it. Perhaps your parents are still giving you money. 
Perhaps you live with your parents and they don’t ask you to share in the expenses. Perhaps a best friend always treats you out. 
Perhaps a Ninang (godmother) always gives you a monthly allowance even if you’re already 27 years old. 
But for the sake of your own personal growth, I urge you: Graduate from free lunches.
Move on. Grow up! 
Free lunches are crutches. They’re there to help you while your legs heal. But once they’re healed, you need to throw away the crutches. 
If you don’t throw away the crutches, your legs will never be fully healed. 
In the same way, if you don’t avoid free lunches, you’ll never grow in your capacity to earn.”


Let’s break the free lunch attitude. Remember the people that always looking for free. I am sure they will not grow. Success has a price, my friend. You need to pay for it. Pay if forward. I heard this somewhere, "The worst advice that you can have is a free advice" Not all... I guess... but if it came from people with credibility and authority, it's a different story. But if it came from people "who know everything but master of nothing" (in tagalog: sa mga taong "madaming alam pero wala naman tukoy"), a piece of advice... don't listen to them.

Another one. Let me borrow this quotation from Derek Bok, he said…”If you think education is expensive, try ignorance.”  So how about that?

If you're working now, you probably go to school for about 14 to 20 years before you acquired your current position now. Or maybe...after 20 years or so, you're still in school just to get additional degree. And that's not FREE, right? Probably you spent thousand or millions already.  

Same is true in seeking an advice of finding a good mentor, it's not always free. You need to pay for it. The good thing is it doesn't always in monetary form. Paying is not always in monetary form. But that's special case. If you have relatives or a friends that can teach you, go for it. Ask them to teach you in return of value added services from you. But if you have money, and you don't have any access to a mentor-like-relative or a mentor-close-friend, you can always look for someone to guide you. Just find them. or try The Truly Rich Club. 

Thanks for reading this blog and review about Bo Sanchez mentoring club.

See you at the top.

Labels:

Comments

Post a Comment

Popular posts from this blog

Social Media Philippines and the Google+ (Plus) Experience

What is the status of social media in the Philippines ? Are there many Filipinos already using Google Plus? Will this baby social media really kills the giant Facebook? Who knows? Let’s wait a few more months. It’s a battle between +1 and Like. Nowadays, the need to connect with other people through online or mobile is not anymore a wants, it’s now part of your basic needs, aside from foods, clothes and shelter. Connection could not only be made through personal or active acquaintances, it could also be through online or via virtual acquaintances. The joy of being free to express our feelings, emotions and ideas are maybe the reasons why there are so many Filipinos now joining on major social media or social networking sites like Facebook, YouTube, LinkedIn, Twitter and now, even on Google Plus. Currently there are over 24 million Filipinos in Facebook. In fact the Philippines were even tagged as the social networking capital of the world because of Facebook. That’s not impossibl
5 comments
----------> Continue Reading <----------

4 Ways to Earn From the Internet the Right Way [Part 2 of 2]

This is the second part series of my post about the “4 Ways to Earn From the Internet the Right Way”: Lessons I learned from my internet marketing mentor Jomar Hilario. On the first part I discussed the first two which are (1) Through blogging and (2) Being an internet marketer. If you haven’t read it yet, you can read that previous post, before you start reading this one. Here’s the link: 4 Ways to Earn From the Internet the Right Way [Part 1 of 2] .  Now, let me discuss you the other two. These are through affiliate marketing and being a virtual assistant. Let’s continue. 3.  Through Affiliate Marketing Affiliate marketing is marketing and selling other people’s product. Jomar mentioned that the idea of “get product, sell to people” is the wrong approach. He said you build your database first (and this is the common advice of a lot of gurus). Build your audience list database first and then sell to people later. Some people might ask, “But when are we going to sell?” Wr
2 comments
----------> Continue Reading <----------

4 Ways to Earn From the Internet the Right Way [Part 1 of 2]

Do you want to earn from the internet the right way? Do you want to earn in dollars while spending in Philippine Peso? How about $500 to $4000 per month doing it on the side? Sweet, right? Let’s stop keep asking basic questions like, “how to use the internet” or “Is it true that we can earn from the internet?” Stop it. Now, let’s start asking question like how to earn from the internet . 4 Ways to Earn From the Internet the Right Way Learn and then earn. Allow me to show you how we can do it too. Just last Sunday I attended a free live webinar conducted by my online marketing mentor Jomar Hilario . His topic is about how to create income from the internet. He said there are four ways on how to earn money online. You can select from this four ways. Let's do it! 1. Earn Through Blogging Blogging is not the fastest way to earn money online . Actually it’s the slowest way particularly if you don’t know what you are doing and if you are not using the rig
7 comments
----------> Continue Reading <----------