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Lessons from HK Billionaire Part 2

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This post is the second part of the lessons I have learned from an article on Li Ka-Shing, Hong Kong billionaire, businessman, and philanthropist. Most of this post is taken from the original article, with only a slight interpretation on my part. For reference to the article as well as part 1, please refer to this link.

Part 2 is on The Successful Attitudes For The Rich and The Poor

When you are poor, spend less time at home and more time outside.
When you are rich, stay at home more and less outside. This is the art of living.

When you are poor, spend money on others.
When you’re rich, spend money on yourself. Many people are doing the opposite.

When you are poor, be good to others. Don’t be calculative.
When you are rich, you must learn to let others be good to you. You have to learn to be good to yourself better.

When you are poor, you have to throw yourself out in the open and let people make good use of you.
When you are rich, you have to conserve yourself well and don’t let people easily make use of you. These are the intricate ways of life that many people don’t understand.

When you are poor, spend money so that people can see it.
When you are rich, do not show off. Just silently spend the money on yourself.

When you are poor, you must be generous.
When you are rich, you must not be seen as a spendthrift. Your life would have come full circle and reach its basics. There will be tranquility at this stage.

Trying to understand this section, I think at this stage when you are no longer poor financially, one’s mindset has to adept to learning to treat oneself well (not necessarily at the expense of others). As you had once spent on those who you wanted to learn from, you now allow others to treat you and learn from you. I think this is an important concept especially for the asian mindset when we are at times too ‘paisei’ to let people show their appreciation.

Part 2 is also on Learning How to Smile

Being able to smile when being slightly misunderstood is good upbringing.
When you’re wronged and you smile with calmness, it is generosity.
When you’re being taken advantage of and you can smile, you’re being open-minded.
When you are helpless and you can do a philosophical smile, you’re in a calm state.
When you’re in distress and you can laugh out loud, you’re being generous. (Generous again? I would say positive here).
When you’re looked down and you can calmly smile, you’re being confident.
When you’re being jilted in relationships and you can smile it off, you’re being suave.

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