Saturday, August 14, 2010
The book of the week was The Ultimate Gift by Jim Stovall. It clearly doesn't fall into the normal genre of this blog. I read it because someone told me I was becoming quite robotic last week and made me question whether this blog was being done out of habit or whether it was for some greater purpose. I have been thinking a lot about whether I have been getting robotic and I suppose it's becoming more and more true. So, I reflected on the reasoning behind this blog while reading this book... it was really fun.
My conclusion is that I created this blog to help people... I am passionate about helping people become solid leaders, get financially secure, and create a purpose in their lives. The name The Guide to Get Rich is not necessarily about getting loads of money, but about getting richness out of life. I think an effective path to getting richness out of life is having the three traits I mentioned earlier. With these things covered, you can focus on what is important to you... whether it is family, traveling the world, donating your time to a good cause, etc.
However, doing this blog is fun for me. I love helping people and teaching them about the things I have learned, and I have learned more in the last year and a half then I could have even thought I would. And the information is extremely interesting to me too.
So what is it that drives me? Well, I get asked this questions all the time. I am not one that lives an extravagant life. I have everything I need, and I don't need a lot in the terms of material possessions. I create my goals and make myself more and more financially secure to give myself the ability to give my future family what they want. This book was about a billionaire that passed away and when he did his estate was divided among his family members. One member of the family who was kind of a selfish jerk was put through a year of lessons and at the end was able to get "The Ultimate Gift." I won't spoil what he got because its a fun part of the book. But while I was reading this I was thinking that I don't want to have to put my family through lessons in order to understand the value of the dollar and how to treat people. I want to have a billion dollars, so I can coach and train my descendants the value of those dollars and how to make the greatest impact on the world with them. I would love to create a change in the world using money, because it's not money that is the root of all evil, but the love of money. Money has the ability to do so much good if it is used right and my purpose is to show how true that statement can be.
If I was given a billion dollars today, what would I do? Probably keep doing what I am doing, still continue to sharpen my leadership abilities, the principles that I follow that keep me and my future family financially secure would still be followed, and my purpose would still be the same. A few key areas of my life would just be funded with more money... mostly investing and donating. I may buy a nice steak dinner and take my family on a nice vacation, but I wouldn't make any decisions without careful consideration and I wouldn't go wild on buying material objects. (I would probably start a few endowed charities though.)
After a week of reflecting I think I have a great purpose for this website and it is continually growing in readers. Hopefully, I will be able to touch more and more lives with the information I have to give each week. So, there we go. I filled you in with what The Guide to Get Rich is all about... maybe not what you expected. I do have a tendency to act quite robotic these days, but that's not all that bad. The book of the week was a fun, light read, that has pretty much nothing to do with investing, business, or leadership.... back to your regularly scheduled blog postings next week. As always, if you have any questions on the book don't hesitate to ask. I would be more than happy to help anyone that wants it.