What motivates you to write?
I must say I really enjoy educating and inspiring others. I write books that help people achieve financial freedom, build wealth, make more money, and live better lives. Why waste the many years of lessons taught to me by the School of Hard Knocks? Writing allows me to share my knowledge, experience, inspirations and ideas that could help others achieve financial success. There's a proverb that says, give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime. That's the intention I have for writing books. I wish to teach people how to fish so they can be equipped with the necessary knowledge and skills to make lives better.
Are you writing books for the money?
Of course not! Very few authors sell a million copies of their books. Even fewer are rich. The odds of you becoming rich by writing books are so slim you'll be better off doing something else. I build my wealth from investing, not writing books. My investments like properties and stocks are making much more money for me than the royalties I receive from my books. I am already living my dream life and don't need to prove myself to anyone. So, writing books can be regarded as a self-actualization exercise for me. My passion is to educate people to become better stewards of their finances.
What qualifies you to teach others how to be rich and successful?
As far as financial success is concerned, results speak, not paper qualifications. For credibility sake, those who wish to teach others how to be rich better be rich themselves. If not, how would they have the necessary experience to teach others to be successful? While I don’t profess to be a know-all financial guru, I’m a living example of someone who has turned his financial destiny around. Despite being born in a lower-middle class family, and being poor along the way, I went on to become a millionaire. And I have been a millionaire since leaving corporate world and retiring at 39. Most importantly, I practise what I preach. Otherwise, why would anyone want to heed my advice?
Why would a millionaire like you spend time writing books to help others achieve success?
Two reasons. Firstly, sharing knowledge is one of my ways to give back to society. I enjoy sharing with others about the things I know. My desire is simply to inspire people and help make their lives better. Secondly, with financial literacy is lacking everywhere, I wish to do my part to help more people improve their financial knowledge. I believe any person of reasonable intelligence, along with financial literacy, motivation and discipline, can achieve financial independence. The world would be a much better place than now if extreme poverty can be reduced further.
Are your books offering some kind of get-rich-quick advice?
Look elsewhere if getting rich quick is all you’re after. My books are not meant for those seeking quick and easy ways to get wealthy. Rather, I share what’s doable, workable and realistic. The world is full of gullible, greedy and lazy people seeking instant wealth. It's no wonder so many get-rich-quick schemes touting easy paths to riches are thriving everywhere. Such schemes do work; just not for you! They work for scammers who are enriching themselves selling these deceitful schemes to those with get-rich-quick mentalities. The truth is, there’s no such thing as easy money or quick riches. Building wealth takes time, effort, knowledge and discipline. There are simply no shortcuts.
Why aren't most people rich or financially free?
Many people spend money on exotic vacations, designer labels and expensive meals without second thoughts. See what happens when you ask people to spend just a few dollars on a book? They will suddenly become stingy and likely tell you they don't read. They would rather spend money keeping up with the Joneses. With so many people lacking financial IQ and living beyond their means, is it surprising that many are broke? With such bad money habits and attitudes, do you expect these people to be rich or achieve financial freedom? I certainly don't think so.
Must one read to be successful?
Do you know what ultra-successful people usually have in common? They read a lot! Most successful people say they owe their success to the knowledge gained while reading. It's unfortunate that most people spend very little time reading, if at all. Reading helps shorten people's learning curve. It could also minimize, or even prevent, people from making costly mistakes. Many irreversible mistakes committed by people could be avoided if only they are less ignorant. You can learn everything under the sun by reading books. I spend at least five hours each day reading books and articles; and I keep myself updated with what's happening around the world throughout the day. Even having read hundreds of books already, I'm still reading new ones and learning new things every day. One should never stop reading, and learning; especially when the person desires to achieve another level of success. However, knowledge remaining in a person's head amounts to nothing if it's not put to good use. There must always be action to get results.
Do you offer consultancy or coaching services?
I prefer not to. I have already retired with respectable passive income streams from my investments to finance my desired lifestyle. Moreover, I treasure my freedom and don't wish to sell my time for more money. I share everything I know in my books. Hence, reading my book becomes the closest substitute to being personally mentored by me.
What must I do today to improve my financial condition?
Read my book and find out!