My friends, I'm glad that I'm back to blogging again. Ms. Jill, I'm back. Thank you for the messages and post and for reminding me that there is still life of abundance in the net.
September is a grueling month for me. After this month-long study and bar exams, I have to visit an eye care professional for advice and assistance. As a consequence, I was told that wearing spectacles could really help. So I decided to wear these glasses.
Last week, I had a chance to read some inspiring books written by Bo Sanchez and I was really animated and imbued with spirit that much has to be done to save something, for the earth's scarce resources are depleting rapidly.
I want to share these things to you because we really strive to motivate and inspire people in every way we can. I call these collections of motivating words culled from his books, "8 Secrets of the Truly Rich" and "My Maid Invests in the Stock Market And Why You Should, Too!" as "Vitamins from Bo" because these are good sources of daily quotes. I hope you will enjoy reading Bo's quotations, as follows:
"The chances of winning the lotto is equal to the likelihood of being hit by lighting twice at the same spot.
- said by Senator Jovito Salonga."
"Do you postpone, delay, become lazy daily? You become a bum.
Failure is not a single, cataclysmic event. You don’t fail overnight.
Instead, failure is a few errors in judgment, repeated every day.
— Jim Rohn"
"Well, I’ve got news for you.
Do you know who set that dial of your inner financial thermostat?
So anytime you like, you too can enlarge your psychological wallet
to any size you want. You can raise your money comfort zone.
How? Start with your imagination.
Imagine yourself earning double of what you’re earning now by next
year—through wise investing and some side business.
That’s right. Double.
Get comfortable with that.
See yourself not spending it all, but actually saving it, learning how
to invest it and seeing your money grow.
See yourself with a business on the side, aside from your full time job.
See yourself as an investor."
"if you can’t see yourself as a “fantastic father to my children,” then you won’t be spending time with your kids on a daily basis, building your relationship with them. You won’t do that because it’s not who you think you are."
"It’s all a matter of purpose.
Money isn’t the most important thing in the world.
But money affects every important thing in the world.
It affects your family life.
It affects your physical life.
It affects your intellectual life.
It affects your spiritual life.
It affects your ability to help others.
We need money. And money, if used properly, can bless the world."
"Do you want your children to suffer?
No. You suffer when they suffer. Much more than they do, right?"
"Don’t expect God to do the very things He expects you to do."
"God grant me the serenity
To accept the things I cannot change,
Courage to change the things I can,
And the wisdom to know the difference."
"Do you want to be truly rich?
Then be committed.
There’s no other way.
Be completely committed to your dreams."
"You’ll be surprised at how money-making opportunities
will open up before you. Actually, they’re already there,
waiting for you to discover them."
"Do you want to escape your poverty?
Then start changing your daily, predominant thoughts.
Start thinking of yourself as a rich person, enjoying wealth,
abundance and prosperity. Imagine! Picture yourself! Feel it!
See yourself earning a specific amount of money each month.
See yourself giving generously to God a specific amount each month.
Feel the incredible freedom of having more than enough to share.
And be totally committed to making that dream a reality."
"Knowing how money works is a totally different field of expertise.
Financial ignorance is expensive."
"Who should be your financial mentor?
Follow the money."
"So a critical step to becoming rich is to get out of bad debt as fast as
possible. Get this enemy called daily compounded interest to join your side.
If you’re buried under a lot of debt, here are five crucial actions you
need to make:
1. Declare Your Freedom Day
If you think about all your debts, it’ll kill your spirit. (Remember
what I said? What you focus on grows.) So focus instead on your
coming freedom. Write a deadline when you’ll be financially free.
Call it your Freedom Day and plan for a big celebration. Read this
goal daily, think about it daily, pray for it daily. Sleep with it, walk
with it, work with it, eat with it.
2. Create New Ways of Pleasure
Discover new habits of simple joys. Examine your lifestyle. Have
you been spending more than you’re actually earning? It’s time
to cut back on things you can do without. That extra dress. That
dinner out. That movie. And get the same amount of joy (or even
more) from free—or almost free—pleasures. A picnic in the park.
A quiet read in the library. A walk around the neighborhood.
3. Schedule Your Steps to Freedom
With your increased savings from a simpler lifestyle, sit down and
write how much you can set aside each month to pay your debts.
Schedule all payments, starting with high interest-loans first. And
if you can, transfer high interest-loans to low-interest loans.
4. Don’t Borrow When You Can’t Afford It—Period!
Don’t borrow to buy consumer goods ever again. If you don’t have
money right now to buy it, then don’t buy it. If the credit card
in your wallet is a huge temptation, then get rid of it until you
5. Negotiate with Your Creditors
See your creditors regularly—assure them you’ll pay—but
negotiate to reduce their interest rates. I’ve learned that because
human beings run banks and other lending institutions, and because these same flesh-and-blood people make the policies,
everything is negotiable. Everything. Don’t back down simply
because they say, “It’s the policy here that we don’t decrease
interest rates.” Persevere.
Avoid bad debt like bad bacteria."
"I detest insurance agents; They keep telling me I will die someday,
which is not so.
— Stephen Leacock, comedian"
"I believe that God protects our families through this blessing called insurance.
"So how much insurance do you really need?
Here’s the formula: Multiply your annual expenses by 10. So if you
spend P100,000 a year, you need P1 million insurance. If you spend
P500,000 a year, then you need P5 million insurance. If you spend P1
million a year, then you need P10 million. (So, are you underinsured?)
Why that amount?
This is how it works: Let’s say each year, you spend P500,000 for
your family’s needs. So you get a P5 million insurance. In the event of
your death, the insurance company gives P5 million to the family you left behind.
Now, your family could spend that amount little by little until it becomes smoke.
Or, your family could become financially wise by investing the entire
amount in a fund (more on this later) that earns 10 percent a year. That’ll
give them P500,000 a year which, if you notice, is the same amount your
family was spending while you were alive. So they’re provided for the rest of
their lives. Isn’t that lovely?"
"Protect Yourself Adequately."
"I need 3M insurance protection!!!"
"For the first problem of dying too young, the solution is having
protection or insurance. For the second problem of living too long, the
solution is to build your own retirement fund now."
"Friends, I want you to be totally committed to be part of this two
percent when you reach 65. And I know of only one way to be part
of this small group: Build your retirement fund now. I don’t care if
you’re 30 years old, 25 years old, or even 18 years old. You’ve got
to start building your retirement fund now. Not tomorrow, not
next week, not next year, but now."
"Automatically save 20 percent of your monthly income.Famine will always come. So prepare for it."
"Lesson #1: The earlier you save, the better.
Lesson #2: You need to know where to invest your savings.
Banks are good places to put our emergency funds and business
funds. But never put your retirement and long-term savings there. It
won’t work. Save first and spend later.
Overtime, your money loses its purchasing power.
How much? It loses around seven percent a year.
Do you now see how futile it is to put your savings in the bank?
What should you do?
Here’s the key: Differentiate your emergency fund from your
retirement fund. Put your emergency fund—around three to six months
of your salary—in the bank. That’s for quick withdrawals.
But not your retirement fund."
“Mutual funds are the great equalizer. Some call it the secret
of the rich which is now available to the poor. Banks don’t treat
people equally, but we do. Someone who puts P5 million in the
bank gets a higher interest than someone who puts P5,000. But
in mutual funds, it doesn’t matter how much you put in.
Don’t put your retirement fund in the bank."
"We are not taught financial literacy in school. It takes a lot of work and time to
change your thinking and to become financially literate.
— Robert Kiyosaki"
"Read Books and Attend Seminars on Money."
"How do you gain financial literacy?
1. Read Books and Attend Seminars on Money
2. Read the Business Section of the Newspaper
3. Volunteer in a Small Business
4. Get Financial Mentors
Look for people who are successful financially. Call them up. Ask their secrets to success. Finally,
ask them if they can teach you some more by taking you into their
businesses and learning the ropes.
5. Start Your Small Business on the Side. And don’t
worry if you fail the first time. And the second time. And the third
time. Because what’s important now is what you learn—not what
you earn. Just keep on trying!
Read, listen and practice."
"The greatest income reducer in your life right now may be your TV set."
"Rise early, work hard and strike oil!
— J. Paul Getty"
"Give portions to seven, yes to eight, for you do not know what disaster
may come upon the land. Divide your portion to seven, or even to eight, for you
do not know what misfortune may occur on the earth.
— Ecclesiastes 11:2"
"Today, it’s risky to depend on your job alone."
"You need to have many sources of income—so that if one fails, the
others can sustain you.
As Robert Kiyosaki would say, financial freedom means owning
many assets (paper assets, business assets and property assets) that put
money in your pocket. More specifically, passive income, or income
that you earn while you sleep or do something else."
"Ride many bicycles. Ride many cars. And ride many planes.
Even during the time of the Bible, wealthy men like Abraham, Isaac,
and Job had multiple income streams.
And the Lord blessed the latter days of Job more than his beginning;
and he had fourteen thousand sheep, six thousand camels, a thousand
yoke of oxen, and a thousand she-asses.
— Job 42:12"
"Ride as many vehicles as you can."
"If you leave your P50 in your wallet, it will never grow to P50
million. The P50 million gets locked in there forever. That P50 will
remain P50 even after 1,000 years."
"If you put your P50 in a bond fund or mutual fund that gives you
10 percent, it will grow to P50 million in 145 years."
"According to statistics, the most common way people become
millionaires is by becoming a business owner."
"But do you know what’s common between successful stars and
They both use their core gift. And they have incredible passion for
what they do. And this to me is the “car” towards wealth: using your
core gift with passion in your own business. If you want to be rich, use your core gift with passion."
"Success follows doing what you want to do.
There is no other way to be successful.
— Malcolm Forbes"
"I have very few talents.
But this is what I can do very well: Communicate.
So I focus my entire life on that one thing.
I write well, and I speak well. Period.
And I delegate everything else to people who are better than I am.
The first question you need to answer is this: What is your core
"1. What do you enjoy doing?
But friends, it’s not enough to discover your core gift.
You also have to ask yourself another question: How can I earn from
Earn from your core gift."
"Ask and you shall receive…
— Matthew 7:7"
"Earning from your core gift means asking to be paid."
"If you’re serious in starting a business, get a sales job.
"Always remember that selling means you want to meet a person’s
So what do you call that? You’re serving someone."
"But my real profit wasn’t money.
It was the enormous skills and financial education I developed—how
to recruit, how to motivate, how to train, how to sell, how to control
costs, how to sell…. Skills that I would need in my future businesses.
Learn how to sell."
"Your first profit in any business is financial wisdom,
"Remember this principle: Profits are always better than wages.
Wages—or salaries—come regularly, and people are content with
But that’s as far as they go. If you get an increase, if you get promoted,
it goes up by 10 percent, perhaps 20 percent…
But in your investments and businesses, you determine your
"But the point is—you decide.
I repeat: If you can’t handle the growth of the business, then grow
as a person first. When you’ve grown enough, then start growing your
"Hold on to your full-time job, but start thinking like an
Be an investor and start something on the side."
"Remember that profits are better than wages."
"Everything you want is just outside your comfort zone."
"First, I believe God has given us more capacity than we think we
Because of this, I believe you can earn 10 times more than whatever
you’re earning right now.
You can help 10 times the
number of people you’re helping now.
Don’t limit yourself.
You’re bigger than you think you are.
Second, I believe that love is limitless. It has no boundaries.
Third, I build my Dream Team.
Fourth, I create an auto-pilot system."
"Wake up each morning and ask, “How can I bless the
"Create Passive Income
Remember that one of your goals is passive income.
You need to set up the business in such a way that, one day, it can
run without you. Or at least, with minimal supervision. Your goal is that
while you sleep, your business earns for you."
"That’s why every time I enter into any project, I always do it with a
team around me. Never alone.
And together, we create a system for the project that’s replicable
"In other words, it’s got to run on autopilot without my direct
Here’s my ideal leader: If I appoint someone to be project head (or
organization director or business manager), after six months, I don’t
want her bothering me anymore except for major directional issues. If
she still bothers me for tiny matters, I’ve chosen the wrong leader—or I
trained her wrongly."
"Earn Exponential Income
And other seeds fell into good soil and brought forth grain, growing up and
increasing and yielding thirtyfold and sixtyfold and a hundredfold.
— Mark 4:8"
"Linear income is like a piece of bread. You eat it and it’s gone. After
that, you have to look for another piece of bread.
Exponential income is like a seed. You can’t eat it at first, but if you
plant it and wait for a while, you can eat as much fruit as you want to.
You have an infinite source of fruit if you keep on planting some of the
"What is exponential income?
That’s what a regular employee earns when he invests in mutual
funds and stocks. (So you see, everyone can earn exponential income,
That’s what a networker earns when she builds a downline
That’s what an infropreneur earns when he sells an e-book or when
he earns from Google ads from his website.
That’s what a sales manager earns from his salesmen.
That’s what a distributor earns when he distributes his goods to
That’s what a store owner earns when she branches out, hires other
store managers, or sells franchises of her store.
That’s what a real estate investor earns when she buys profitable
That’s what an author earns when she earns a royalty for every book
That’s what a singer earns when she earns a royalty for every album
That’s what an inventor earns when he invents a widget and enters
into a deal with a company to sell it.
That’s what a dentist earns when he hires other dentists and opens
Exponential income—also called passive income—means earning
for a very long time from work you did only once at the very start.
Hey, income is income. Earn linear income when you can!
But invest your linear income so you can earn exponential income.
Because if you want to become wealthy, you need to find a way to
earn exponential income.
Earn exponential income."
"Teams are powerful.
Alone, I can do a lot of things. But with my team, I don’t add but
multiply what I can do.
As I told you, I don’t enter into a project without a team around
And I choose my team well.
I have a very simple criteria: I choose men and women who are
humble (team players) and who are experts in their field. In other words,
I search for impeccable character and fantastic skills.
Nothing great can be accomplished without a team. Even
Jesus had a team."
"Chisel this on stone: Marketing is the lifeblood of all business. So
market, market, and market some more!
Because I don’t care how great your product is, if people don’t know
about it, they won’t buy it.
If you want to succeed, you need to reverse your math. Spend 80 percent
of your time in marketing and 20 percent of your time in developing your
"You can’t cross a sea by merely staring into the water.
— Rabindranath Tagore
God wants us to help ourselves.
He doesn’t want us to remain toddlers.
Like any ordinary parent, He wants us to grow up and take
In fact, I believe God primarily moves in this world through our
Have a bias for action."
"He speaks through natural
"Talent is cheaper than table salt.
What separates the talented individual from the successful
one is a lot of hard work.
— Stephen King"
"My point? My ideas aren’t unique. A lot of people think of them.
But here’s the difference: I just don’t think of the ideas. I make the
idea happen. And usually, I make it happen fast.
In other words, I have a bias for action."
"But for pioneers, perfectionism is never a good
My plan is to fail and improve along the way.
I risk failure. And I risk success.
Make things happen.
"For pioneers, perfectionism is never a good strategy."
"When we give ourselves permission to fail,
we at the same time give ourselves permission to excel.
— Eloise Ristad"
"Success can be achieved only through repeated failure. My success
represents the one percent of the work that resulted from the 99
percent that was called failure.
— Soichiro Honda
Fail your way to success."
"The bolder the action, the greater the genius, magic, and power
that is likely to flow from it.
— Robert Ringer"
"If you want to succeed, don’t take timid, tepid, tentative steps.
Give it all you’ve got."
"Take the first step in faith. You don’t have to see the whole staircase.
— Martin Luther King, Jr."
"Ten Sacred Rules of Success
Rule #1: Act.
Rule #2: Act again.
Rule #3: Act again.
Rule #4: Act again.
Rule #5: Act again.
Rule #6: Act again.
Rule #7: Act again.
Rule #8: Act again.
Rule #9: Act again.
Rule #10: Act again.
Allow yourself to fail."
"To hustle means to believe that there’s a solution to almost
any problem—and to take it upon yourself to find it!"
"Delight yourself in the Lord and
He shall give you the desires of your heart.
What’s the use of having millions when your family is in shambles?
What’s the use of being physically healthy when your spiritual life
You need balance.
You need to win in the seven major areas of life.
You need to…
1. Strengthen Your Relationships
2. Grow in Emotional Maturity
3. U se Your Core Gift
4. Get Physically Healthy
5. Gain Wisdom
6. Build Your Money
7. Nourish Your Spiritual Life
Is it possible?
I believe in the power of our beliefs to define our reality.
If you believe that it’s not possible to win in all areas, then you won’t
be able to do it. But if you believe at the core of your being that it’s
possible, then it is.
Win in all areas of life.
My inner compass is God’s voice in my soul."
"Define Your Own Success
Poverty is a state of mind often induced by looking at a neighbor’s car.— Anonymous"
"Define your own success.
You are already wealthy."
"Give Your Best
You are the only one who knows whether you have won or not.
Don’t try to be better than someone else. Just be the best that
you can be.
— John Wooden’s Dad"
"Give your best
Compete with yourself."
"Your Harvest Will Depend
on Your Giving
Money is like manure. If you spread it around, it does a lot
But if you pile it up in one place, it stinks like hell.
— Junior Murchison"
"When you give, you act rich. And thus, you’re released from scarcity
mentality and you develop an abundance mentality within you."
"The reward of giving isn’t arithmetic. If I give a mango, I don’t
receive another mango. Instead, the reward of giving is exponential. I
receive a mango tree.
If I give a mango, I’m planting my mango seed on the soil of
God’s universe, and so I receive an entire mango tree with potentially
thousands of fruits inside it.
So my harvest is determined by my giving. The more I give, the
more I receive. It’s a law written in the very fabric of the universe.
And this has been my experience."
"Sacrifice Your Wealth for Others
Poverty is abandonment. We have abandoned the poor.
— Tony Meloto"
"We receive blessings to bless others.
We receive wealth so that we can give it away.
Sacrifice your wealth for the poor.
Truly Rich Principle:
If you see the poor as your family, you won’t give charity.
You’ll love them. You’ll shed your blood for them."
"Get a Champion Partner.
I have come that you may have life and have it in abundance.
— John 10:10"
"The Lord will grant you abundant prosperity… The Lord will open the heavens,
the storehouse of his bounty, to send rain on your land in season and to bless
all the work of your hands.
You will lend to many nations but will borrow from none.
— Deuteronomy 28:11-12"
"Step #0: Give to God a Monthly Love Offering
(Start with 10 percent)
Step #1: Free Yourself from All Bad Debt
Step #2: Increase Your Income and Start a Sideline
Step #3: Get Protection (Insurance) Equal to 10 Times Your
Step #4: Create an Emergency Fund in the Bank Equal to Six
Step #5: Create a Retirement Fund Saving 20 Percent of Your
Monthly Income in Various Growth Funds
Step #5: Create a Retirement Fund Saving 20 Percent of Your
Monthly Income in Various Growth Funds
Step #6: Create Passive Income via Businesses and Investments
Equal to or More Than Your Expenses."
"Writing our dreams has a powerful effect on our brain.
It causes our minds to open up to opportunities that will help us
reach our goals—opportunities that we wouldn’t have seen if we didn’t
create a graphic vision of our future.
Write down your dreams.
Write Down Your Dreams
By writing down your dreams, you open yourself to life’s river
of abundance. But when you read what you wrote down
daily, you multiply the power of that river tenfold."
So these are the quotations from Bo Sanchez' books that I compiled and lump all together as "Vitamins from Bo". Indeed, Bo's books are powerful instruments of God's blessing and abundance. I hope that you may draw inspiration from this article so that life can be meaningful. I recommend that you read the books of Bo Sanchez because it is always worth reading.
Finally, thank you Bo for inspiring me and my friends to.work hard and save for all these things that we do is the greatest love of all.
Quotations in this article were from:
"8 Secrets of the Truly Rich" by Bo Sanchez.
"My Maid Invests in the Stock Market And Why You Should, Too!"
by Bo Sanchez.
Also, thanks to topnews.in for the image.