Sunday, November 8, 2009

Think and Grow Rich

In the previous post I was talking about virtual assets which can be acquired or created completely free or with very little capital..You might wonder can virtual assets match physical assets in terms of financial value? You can be rest assured that not only virtual assets can match physical assets in terms of financial values,they might worth much more than physical assets.Great examples of virtual assets are software created by Microsoft, social networking website like Facebook, online video streaming center like YouTube and search engines like Google and Yahoo! all worth billions of dollars.

In this information age, people are getting rich faster and at much younger age. Many of the new found billionaires today are in their 20s and 30's, and most of these people become wealthy by creating virtual assets based on Internet or Information technologies. Most of these billionaires have one thing in common, they are very creative and innovative, and started their businesses while in their high school or college years, and used very little initial outlay. Their greatest asset is their brain, they generated great ideas by using creative thinking.

Years ago I read a book called 'Think and Grow Rich" by Napolean Hill which gave me great inspiration. He wrote this book based on his research on a number of successful people who created great wealth in their lifetimes. Although this book was published  in 1937, I think it is still relevant in this sophisticated Internet age. According to Hill, great ideas can be conceived through thinking, and those ideas might bring you great wealth! In this information age, converting ideas into wealth is even easier and faster, often required only a PC or a computer notebook, or even with a cell phone! HOW? I shall share with you in the coming post.

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