Home > Blog > Be-Do-Have       

Be-do-have



Join the community & newsletter here and get a bonus "Boring Blueprint To Passive Income & Early Retirement" - Learn how I started with less than $100 in my bank account from 2005-2008, turned my life and money around and by 2014, paid up my $390K flat, invested in dividend stocks for passive dividend income for recurring cashflow...for life!

As well as subscriber-only tips, free stuff, special offers and more.

This is a very high-level goal-setting/achieving article on achieving X, whatever X is to you.

The simplest X herein is usually riches, wealth, money etc, so I'll use that as an example in this article.

So most people have the idea of achieving goals BACKWARDS. What they think and say in error usually is:

To achieve/have riches, I DO the things to be A RICH person.

An example of that is:

  • buying and driving expensive luxury cars
  • buying and wearing expensive luxury watches/belts/clothing etc
  • spending (too) much on stuff TRYING to look or seem rich

(Let's call this Person A)

THIS IS 1000000% WRONG.

The reason why I say it's wrong is because it is NOT scalable, sustainable nor replicable for the mid to long term (busting one's income and energy and efforts on stuff that doesn't scale, just doesn't scale right?)

The proper and correct way is:

BE the right person, DO the right things, and it will allow you to HAVE the things you WANT.

Eg,

  • understanding the correct basics of wealth
  • doing/investing in stuff that brings in passive income sustainably and reliably eg

    i) dividend stock investing for passive dividends
    ii) online businesses for passive income
    iii) etc

  • ensuring costs of living are less than passive income, and surplus is reinvested.

(Let's call this Person B)

Just compare Person A versus Person B.

Who do you think will eventually become and stay rich for long?

A, who keeps using and blowing out their income to look rich?

Or B, who keeps investing as much of their income to invest into dividend stocks and online businesses for passive income and passive dividends?

Obviously, it's B, who understood the BE-DO-HAVE.

B applied the:

  • to BE rich, one must
  • DO what makes one TRULY rich (and not just LOOK the part)
  • eventually, B will have the surplus income to truly become, stay and be rich

What do you think?



Enjoyed this article? Share it with your friends by clicking one of the buttons:

Even better - share your thoughts and comments below:


Back To Top

Search In NigelChua

Current Projects

Nigel Chua

Nalco Group

Therapy Entrepreneurs

Xtend Health Asia

Wisdom Of Seneca

Bee Pollen For Health

Recommended Online Business University

Read my Wealthy Affiliate Review here



Recommended Online Business Platform

Solo Build It!

More than 95% of my online businesses and publishing works use the Solo Build It platform, for good reason. Find out here.

Online Business & Marketing Tools

GetResponse Email Marketing

Building a relationship with your audience, customers and readers are highly important for any offline and online business, and I recommend GetResponse for their services, great price, ease-of-use.

Try GetResponse today (1st month free)

Bonus: learn how to use an email autoresponder



The Hoth

TheHoth can help to outsource your guest posting, article writing and backlinking marketing activities. Visit them here.



Google Suite

Google Suite (GSuite) is THE recommended Google tools for email, calendar, documents, sheets - for productivity  and communication.

GSuite/GMail one month free trial available here.



Shopify

Shopify has made it very easy to start an ecommerce business, solving most of the tech and logistical barriers and even has product suppliers with Oberlo!

Try Shopify today

Books I'm Reading

Holy Bible

Tribe Of Mentors

Seneca Letters From A Stoic

Seneca On The Shortness Of Life

See my full book/read list here.

Blogs I'm Following

Tim Ferriss

Pat Flynn

Tony Robbins

Ramit Sethi

Personal Goals

SGD 2,000,000 invested in dividend stocks with average 5% returns per annum by 45

SGD 2,000,000 in cryptocurrency

Owning, affording and living in a landed property in Singapore (or relocated to another country without worry of money) by 40

Publish at least one book by 40 years old

Online businesses serve readers and clients well (ie readers make more money, have happier/freer life etc), and website makes SGD 10,000 per month

Ongoing: spend more quality time with children, wife, family, bible, God.