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23

Dec
2013

No Comments

In Life

By Daniel Kao

Why You Won’t be Rich

On 23, Dec 2013 | No Comments | In Life | By Daniel Kao

Thinking that you’ll get rich by picking the right stock is just as ridiculous as thinking you’ll get rich by winning the lottery.

It’s not that easy.

I’m no expert in money, but if there’s anything I’ve learned in the last year, it’s that wealth is a mindset that includes immense dedication and hard work.

The problem with get rich quick schemes isn’t that the underlying concept is about getting rich in a short amount of time. The problem with get rich quick schemes is that they promote getting rich without much effort.

Money is a currency of people, and to understand how money works, you need to learn how people work. Money is merely a man made concept of exchanging value in a tangible way. Economies are simply based upon how people assign value to things around them.

One of the most valuable things to humans is their time. People assign value to their time, and therefore are willing to trade it for money.

So if you sit there thinking to simply trade in your time so you can get money, think again.

photo credit: kevin dooley via photopin cc

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Why We Often Waste Time

On 07, Jul 2012 | No Comments | In Education, Life, Productivity | By Daniel Kao

Ever since a young age, we have allowed programs and systems to manage our lives.

We all know the feeling of wasting an afternoon on the computer, not really doing much besides endlessly browsing Facebook and randomly surfing the internet. We spend half of our time online on “social networks” that prove to be quite anti-social. So we mindlessly browse around, refreshing the page every 2 minutes, hoping to see something new scroll across our newsfeed.

We are so accustomed to having our schedule managed for us that when we have free time, we don’t know what to do with it. So we occupy ourselves by doing the easiest thing possible, which often is some sort of mindless activity such as watching TV, randomly browsing Facebook, or doing nothing at all.

We find ourselves often bored, because we have nothing to occupy ourselves with. We don’t have enough personal projects or things to do to keep us occupied. It’s a trend that seems to happen every year, as students all across the nation begin their summer breaks. All of a sudden, they are no longer given homework, tests, or academic projects to manage their time.

I’ve realized that people who have found their passions find themselves in boredom far less frequently. The reason is that people who have found passion and purpose are always taking steps in regard to their purpose. If you often find yourself bored with nothing to do, it’s probably a good indicator that you’re used to other people managing your time and telling you what to do.

But at some point in life, something clicks and people make the shift to being intentional about what they want to do, setting clear goals and steps to achieve their goals. Unfortunately, we’re not taught how to manage our time growing up, and so it becomes a cycle of trial and error in order to be productive and creative with our time.

When and how did you learn to manage your time? and what difference did it make?

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