Fitz villafuerte biography of mahatma
They become so preoccupied by these distractions they forget to think about what they really want out of life and how they want their future to be. I used to be that way too. Fortunately, upon realizing that my life may be comfortable but not really going anywhere, I began to set long-term goals. And by that I mean specific and concrete goals and not just abstract ideas of what I want.
Those are goals, right? Well, is that want you really want? Goals such as finding a job and then getting a promotion, buying a car and a big house, then getting married and raising a family. Find some quiet time to ask yourself what you really want.
This is essential to avoid the mistake of drifting through life. So you can stop working on goals that have low value with respect to your self-fulfillment and happiness. Entrepreneur and content creator Fitz Villafuerte shares how his curious bent has led to his fortuitous and fortunate financial journey. It is hard to pigeonhole Fitz Villafuerte.
Best known as the personal blogger behind Ready to Be Rich, Fitz is also a serial entrepreneur, startup founder, investor, trader, content creator, podcaster, writer, speaker, and financial planner. Slasher, hustler, moneymaker—however you want to call him—he embodies the concept of multiple sources of income. For example, I turned the chess pieces of my dad into an army.
Stop buying lattes.
Settings: I started my journey towards financial freedom in and I have learned and experienced a lot through all these years. I made this online journal so I can pay it forward and help people, specially my fellow Pinoys, who likewise wants to pursue wealth and abundance in their lives. I was once a corporate slave, working 8 to 10 hours a day.
Be thrifty. If you keep buying the latest gadget when what you have still works perfectly, the priciest luxury bag that sits in your wardrobe practically the entire year, or the hottest sneakers that are already out of fashion a couple of months after, then you have a problem. So, what should you spend your money on?
Research has shown that spending on experiences gives us longer-lasting happiness than material things. Travel, for instance, is worth spending money on. The experience itself—seeing new sights, eating new food, and discovering a new culture—brings a lot of joy. But the great thing about traveling is the giddy anticipation before the travel and the fond reminiscence after both extend your happiness per buck.
Other experiences to spend on include simpler and cheaper activities, such as visiting a museum, watching a funny movie, playing sports, or just walking in the park on a cool morning.
Things That Spark Joy. Organizing consultant and author Marie Kondo got it right: keep only things that spark joy. You might have spotted a gap in the market or a concept that strikes you as unique. The ambition to forge this concept into a burgeoning business too often wilts away once the questions surrounding practically making it happen start to arise.
STOCK investing involves buying stocks to hold them for the long term, usually expecting to earn a profit as the company grows and its stock price appreciates. STOCK trading, also known as active trading, involves frequent buying and selling of stocks to profit from short-term market fluctuations. It is an active income source, as opposed to passive investing, which stock market beginners would initially assume.
What would you choose? IN the world of personal finance, our brains often play tricks on us. The availability heuristic is one of the most common cognitive biases affecting financial decisions.
HOW do you raise the start-up capital for your business? THE framing effect is a cognitive bias that occurs when our decisions are influenced by how information is presented or framed. Essentially, the same information can be presented differently, leading to different outcomes based on how it is stated. THE sunk cost fallacy refers to our tendency to continue doing something simply because we have already invested time, money or effort, even when the current or future benefits are minimal or non-existent.
I have to replace those bad habits with something more productive, I would say. But doing the same thing, day in day out for around two or three years, that will become eventually a burden to you. So, ask yourself to have a two-year plan. After that how do I move towards doing less or probably doing something different. It will keep you challenged.
I found something interesting, something that I love, and at the back of mind I had a plan that I will be doing this forever. How do they choose their vision or choose that motivation in which direction they want to go in the future? Give them a chance to create or build their portfolio by hiring them to do some of their work. Create a team so that they can slowly scale up, build up.
And then along the way they can they can learn how to manage people, how to manage a team as a leader. So, she has so much free time, she was able to put up her own business because that was something that she was planning all along.
Fitz villafuerte biography of mahatma gandhi
She wanted to have her own cake shop or I think bakeshop. When she was capable to outsource most of her work to a team, she had more time to study baking and put up her own pastry shop. You start where you are. You try to scale up. One venue that you can outsource tasks is the website called jobs. So, can you tell us about jobs?
How it all began was also an accident. It was back in , I was in a financial seminar in Makati and I sat next to Romy Miranda, one of my co-founders for jobs.
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So anyway, we got into talking and I learned that he was one of the people that I used to interact in pinoyexchange. So, that was a really good accident to bump into Romy in real life. After that, we collaborated on several online projects. And several years after that, in , I met Glen, the other co-founder for jobs.
At that time, I was really looking into expanding my network of freelancers and when I was introduced to Glen, he also had the same vision. Glen, on the other hand, is on the freelance writing field. He has Memo Kitchen, a content marketing company. At first, he was just a one-man team, but later on he started to build the people. So instead of hiring another manager he thought he would build a website called jobs.
I wanted to find a website where I can hire Filipinos to do simple tasks. So, Glen and I decided to put up jobs. We invited Romy to come onboard because Romy is really a good salesman. Romy used to be a real estate agent, he used to sell a lot of things. So, we now have jobs. And I assure you that we have a feedback and rating system to assure you that you get quality work when you order from us.
So why start at that rate? It was a result of our research also. So, we settled on pesos and well, of course, for marketing purposes we made it into pesos. What we wanted to focus on are fast cycles subjects, fast cycle jobs, something that people can just do in an hour, maybe in 15 minutes. For example, I know a writer who can write a word article for 30 minutes.
So, it really depends on the perspective of the freelancer. So what they do, they upload different types of jobs. After waiting and learning for seven months, I was able to onboard for local clients doing social media marketing.
Fitz villafuerte biography of mahatma
Is it a good validation that I should start a social media marketing agency? He should first try to increase his rates. So, starting a social media marketing agency is your goal. So, once you are able to see that this is going well, you can just hire another person and you already know what to teach them. If you were to start over, where would you start or what would you do differently to be successful in business?
I know people who really jumped into freelancing and entrepreneurship right after graduation, and I realized that most of them become too bossy.