ESBI
Robert T Kiyosaki mentioned in his book "Rich Dad Poor Dad" about ESBI. ESBI stand for employee, self-employed, business and investment. Each state a level of finance independence.
Yes currently, I am an employee, but I am doing my own business. But it basics I am self-employed. Why? Yes I have gone past the stage, where I know I can give my own pay increment and bonus. In fact, I beleive now I have the ability in doing forex, to have a stable income, and a pay that is more than my pay as an employee, and the time I take to generate that income is far less than that of an employee. But I am considered as a self employed.
If I stop trading - money stop, if I am sick, I cannot trade, money stop. I therefore need a business, a business to carry on trading as usual even when I am not trading.
As such, I set 2 goals this quarter. I hope to set up a research team, partnering with at least 3 to 5 partners. It will be mutual and we will not only pull in the brain, the money, and also a long term objective of growing and teaching the next generation. The bible say, a 3-fold cord is not easy broken.
Indeed, I pray and pray that God bless me as I share my ideas with people, that God will bring me into path of people, who has want to do forex and has the inclination for it. I pray that better so, God will bless me with Christian brothers and sisters.
As we set up this team, or called it a investment club, let this business come alive and let it has its own vision. Let the entity grow and let the profit be use for a higher calling. Even when I am gone, let the business continue and let it pass on to the next generation. Well, I pray that the business will be able to fulfil the vision God showed me till it come to pass.
Yes currently, I am an employee, but I am doing my own business. But it basics I am self-employed. Why? Yes I have gone past the stage, where I know I can give my own pay increment and bonus. In fact, I beleive now I have the ability in doing forex, to have a stable income, and a pay that is more than my pay as an employee, and the time I take to generate that income is far less than that of an employee. But I am considered as a self employed.
If I stop trading - money stop, if I am sick, I cannot trade, money stop. I therefore need a business, a business to carry on trading as usual even when I am not trading.
As such, I set 2 goals this quarter. I hope to set up a research team, partnering with at least 3 to 5 partners. It will be mutual and we will not only pull in the brain, the money, and also a long term objective of growing and teaching the next generation. The bible say, a 3-fold cord is not easy broken.
Indeed, I pray and pray that God bless me as I share my ideas with people, that God will bring me into path of people, who has want to do forex and has the inclination for it. I pray that better so, God will bless me with Christian brothers and sisters.
As we set up this team, or called it a investment club, let this business come alive and let it has its own vision. Let the entity grow and let the profit be use for a higher calling. Even when I am gone, let the business continue and let it pass on to the next generation. Well, I pray that the business will be able to fulfil the vision God showed me till it come to pass.
posted by Ernest Seng at 10:42 PM
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