Tuesday, September 7, 2010

Not too long back

It's not too long back since majority of the population is made up of small business owners instead of employees working for the monopolies of businesses.

Yet as I talk to people around me today, they asked me the same questions like

1. If everybody is going to start our own business, who is going to work for you?

2. If everybody is going to start our own business, businesses will no longer be profitable.

I feel that these are unrealistic fears.

It's not too long back when some of our grand parents or great grand parents own a farm or a plantation.

Having your own cattles and selling it for money(i mean real money) or exchanging it for the commodities which we need with other "business owners" in other industries.

The reason we felt that it's impossible for the majority to have their own business is the way we are taught since we are young.

Our parents and our school system taught us to study hard, so that we can get a high paying job.

Job is working for the rich people, minding their businesses, making money for them.

From young, we are taught to prosper other people but not prospering ourselves.

Ever since the start of the Industrial Age, it makes more sense to work for the big business owner than to try to start your own businesses.

Because big businesses provides you with a stable paycheck.
AND they provides you with a paycheck for LIFE!

But recently, not too long ago, companies no longer wants to pay it's staffs for life.

Instead, we have what we called the CPF in singapore.
Where your employer match your contribution in this retirement account.

With effect of this law, employees no longer have a stable paycheque for life, after retirement,

should they spend finish their money in the retirement account, they are left on their own.

unlike a paycheck for life, you finish spending this month income, you just starve yourself till next month and a new paycheque will come in.

Businesses only realised after a while that the an income for life pension plan is too expensive an expenses for the business.

But with today inflation rate, having an income for life pension plan also doesn't guaranteed a comfortable retirement.

Not to mention having an account call CPF, where your employer match your contribution.

So why does people still play by the old rules of life, get a job, and look out for better jobs with better prospect with better paycheque, every night check your email for job updates.

They thought that always looking out for better prospect, better paying job is the smart thing to do, but actually, they are still living in the Industrial Age.


They doesn't realised we have already moved on into the Information Age.

I'm not against you having a job, receiving a paycheque.

But i'm against you having a job because you doesn't have a choice, you need a paycheque.

Put it this way, having to work at a job you hate is evil.

Having not enough money to support your current lifestyle and family is evil.

It is the lack of money or so call "greed" that cause people to do stupid things,
example gambling.

Have you experienced first hand of people around you committing suicide due to compulsive gambling and being in debt and unable to pay the debt.

And what happened?

These people took the easy way out, they get out of this world by choice.

And the very reason they went into gambling is because they lack money, they resort to gambling, all in the name of loving their families.

But the lack of knowledge to make more money to provide for their lifestyle and family is evil.

So I decided to write a blog, to share my knowledge with all of you, hoping that it will benefit you guys.

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