By: Tarun Prakash Srivastava, Sr. Executive Editor-ICN Group
“When a chicken egg breaks out from the outside, there is a killing, but when it breaks from the inside, a life comes out from it.”
Financial Graph of Life
I have seen you coming from the distance to this halt. I am witnessing that a new enlightenment and faith has been born in your body language. Such belief is possible in positive attitude only. Believe it – positive life vision is the biggest power and energy of the world. I have tested it in many ways and always found that on the day this treasure is found by a person, the world cannot defeat him even by snatching his entire money because the winner of this wealth earns the destiny to win every battle.
How pleasant the breeze is! Do you see the greenery running along both sides of the road? How beautiful the weather is! On the horizon of our imagination, how many golden clouds fluttering are!
Beauty never exists outside. It was always inside you, and as soon as you wiped the dust from it over the years, that beauty came into existence and presented in front of you.
Are you looking at the small beautiful restaurant near the lake along the path? What do you think? Let’s make a cup of coffee and then I will open – a new economic secret of life.
How accurate someone has said –
“If you do not plan for success, your failure plan is automatically planned.
The day on which you resolved to make your ordinary and perhaps unsuccessful life extraordinary and successful, it was the “turning point” of your life. By being introduced you one by one, with the rules of success, you started to illuminate your rough, irregular and uneven life and now you also see the results. You may still remember this which I said to you at the beginning of this journey-
“When a chicken egg breaks out from the outside, there is a killing, but when it breaks from the inside, a life comes out from it.”
I am very happy that you started breaking the armor of your seemingly unbeatable failure and today you are peeping out by opening a window with your efforts from your shell. I am confident that your experience is more pleasant and satisfying than all the experiences you have achieved so far.
Even when I was looking for new ways like you, I was confused. I could not understand what path I should move on now. By that time I used to think of my financial advisor / chartered accountant as a means to save tax only, and only on the basis of their advice, I used to make my investments in different bonds, insurance plans or national savings certificates, etc. for the purpose of tax saving, Believe me, I did not ever need to look into the fact as to what will be the impact of such investments on the whole economic graph of my life.
I have never taken the impact of long-term effects of those investments seriously, and the result was that even after investing more and more money, I could not have any definite form of the future. In my family, I have my wife, and my two daughters who were even younger at that time, and I had also insured the lives of daughters with whom I was paying the premium out of my income.
One day, I was told in a workshop that insurance should be of the life of the key person of the family only because economic security will be needed to the rest of his family on his sudden or untimely death. I was also told that when you become unable to do any work due to the increase of age, how will you and your dependents be able to live? We will have to make this plan today when we can do our work with competency.
On that day I found that the meaning of investment is not to avoid the liabilities of the present, but a plan to fulfill future obligations satisfactorily. Some investments made by me in the insurance sector were only reducing my current tax liability, but the financial picture of my life was becoming a game of snakes and ladder only, where it was not even clear through which adder my assets were traveling up and through which snack my liability were going down. On that day, I came to understand that what is the difference between an ordinary person and a successful entrepreneur. I think this difference should also be understood by you so that you can avoid future mistakes. Please take this formula deep into your heart –
“When an ordinary person only focuses his brain on the small benefits of present, a successful entrepreneur creates the future benefit plans, regardless of the small losses of the present.”
Pay attention – when the stock market decimates, and investors become victims of serious losses and these losses are seen everywhere, a successful entrepreneur takes that bad time as a good opportunity to buy the stock at low prices to earn more and more profit in future. He knows that at such a low price, he will never get shares of such big companies, and as soon as the market situation will be better, he will earn a lot of profits.
The message is quite clear – the loss of current is not necessarily the loss of your future. We all know that the difference between purchasing and selling is seen as a gain and loss, so the possibility of partial loss of the present and the potential of the future of huge benefits should always be seen as a benefit and if you achieve this vision, it is the indicator of your future Success.
You have seen – this principle of success is also unique. When a baler throws a ball at a fast pace in the game of cricket, he goes first back and then runs and throws the ball from a fixed point. The speed is not attached to the ball, but it is generated through the process of going back and then come forward. India is a country of festivals. Even today in the month of SAVAN, in rural areas, the girls put swings in some of the trees.
Have you ever noticed the action mechanism of these swings? As longer the swing goes behind, as far it goes ahead. Similarly, the more you turn the bow backward, the arrow runs away forward at more speed. It does not mean that the present loss is always necessary for future benefits, but I want to tell you that the minute observation of every loss of the present is necessary so that it can be understood that it is a present small loss or a cost of future big profit.
To understand this idea well, we will need a financial graph of our life, and this will also increase the power to plan your success.
Tarun Prakash Srivastava
From my book ‘Science of Money’ available on Amazon.com in English at http://bit.ly/Science-Of-Money and in Hindi at http://bit.ly
