Entrepreneurship Should Learn How To Change From Time To Time.

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After students fill in their reports, it is easy to see who has "financial ills" and who is in good financial condition.

Generally speaking, those with financial difficulties are those who have ideas in the industrial age.

Why do I say this? Because in the industrial age, people do not have to consider tomorrow.

Its rule is: "work hard, your employer or government will take care of you in the future".

So many of my friends and family members often say, "find a government job, there are quite good benefits."

Or, "make sure your company has a good retirement plan."

Or, "be sure that the company you work for has a powerful trade union."

These are suggestions based on the rules of the industrial age, and I call them "rights" consciousness.

Although the rules have changed, many people have not changed their personal rules, especially their financial rules.

They still do not have to spend as much as they plan for the future.

This is what I am looking for when I read a person's financial statements whether they will consider it for tomorrow.

Do you still have tomorrow?

Simplify things - that's what I look for in my personal financial statements.

No asset or cash outflow has no tomorrow.

I find that those who have no assets are usually those who work hard for wages and pay their bills with wages.

If you look at most people's "expenditure items", you will find that the two largest monthly expenditures are taxes and liabilities for long-term liabilities.

When I played with some adults in my cardboard teaching game, cash flow, I felt that time was not enough.

Why? Because they are drawn to financial knowledge, which means taking time to understand the numbers and languages of money.

The game takes hours, not because the game is long, but because the participants are learning a completely new subject, almost like learning a foreign language.

Fortunately, this new knowledge can be quickly grasped, and then the game will go faster.

The speed of the game is faster because the participants become smarter.

And the more times they play this game, the smarter and more agile they become in terms of investment, and the whole process of playing games is full of fun.

Something else will happen.

Because they now have financial knowledge, many people begin to realize that they are in financial trouble, though others in the society think they are "financially normal".

You know, the middle class cash flow is normal in the industrial age, but it can be disastrous in the information age.

Many people once learned and understood the game, began to search for new answers.

Just as a mild heart disease is a warning to a person's health, people are waken up and begin to pay attention to their personal financial health.

At that moment, many people began to think like a wealthy person rather than a hard working middle class.

After playing several games of cash flow, some people began to change their thinking patterns into the mode of the rich.

For those who want to succeed in the information age, the sooner they start developing their financial quotient and EQ, the sooner they think about it using this way, the sooner they will feel more financial security and financial freedom.

"The rules have changed".

When people heard this, they nodded their agreement and said, "yes, the rules have changed, and everything is no longer the same."

But after that, they went on doing the same thing.

When I teach "to make your financial life in order", I first ask students to fill in a personal financial statement, which is a life changing experience.

Financial statements are very much like X rays, because both financial statements and X rays can make your eyes see what you can't see without any tools.

After students fill in their reports, it is easy to see who has "financial ills" and who is in good financial condition.

Generally speaking, those with financial difficulties are those who have ideas in the industrial age.

Why do I say this? Because in the industrial age, people do not have to consider tomorrow.

Its rule is: "work hard, your employer or government will take care of you in the future".

So many of my friends and family members often say, "find a government job, there are quite good benefits."

Or, "make sure your company has a good retirement plan."

Or, "be sure that the company you work for has a powerful trade union."

These are suggestions based on the rules of the industrial age, and I call them "rights" consciousness.

Although the rules have changed, many people have not changed their personal rules, especially their financial rules.

They still do not have to spend as much as they plan for the future.

This is what I am looking for when I read a person's financial statements whether they will consider it for tomorrow.

Do you still have tomorrow?

Simplify things - that's what I look for in my personal financial statements.

No asset or cash outflow has no tomorrow.

I find that those who have no assets are usually those who work hard for wages and pay their bills with wages.

If you look at most people's "expenditure items", you will find that the two largest monthly expenditures are taxes and liabilities for long-term liabilities.

When I played my paperboard game with some adults, "cash flow", I felt that time was not enough.

Why? Because they are drawn to financial knowledge, which means taking time to understand the numbers and languages of money.

The game takes hours, not because the game is long, but because the participants are learning a completely new subject, almost like learning a foreign language.

Fortunately, this new knowledge can be quickly grasped, and then the game will go faster.

The speed of the game is faster because the participants become smarter.

And the more times they play this game, the smarter and more agile they become in terms of investment, and the whole process of playing games is full of fun.

Something else will happen.

Because they now have financial knowledge, many people begin to realize that they are in financial trouble, though others in the society think they are "financially normal".

You know, the middle class cash flow is normal in the industrial age, but it can be disastrous in the information age.

Many people once learned and understood the game, began to search for new answers.

Just as a mild heart disease is a warning to a person's health, people are waken up and begin to pay attention to their personal financial health.

At that moment, many people began to think like a wealthy person rather than a hard working middle class.

After playing several games of cash flow, some people began to change their thinking patterns into the mode of the rich.

For those who want to succeed in the information age, the sooner they start developing their financial quotient and EQ, the sooner they think about it, the sooner they will feel more financial security and financial freedom.