12 Life Lessons for Entrepreneurs by Bunny Pages | Wealth Bootcamp 2.0

Last March 19, 2017, the much awaited second series of Wealth Bootcamp: From Zero to Hero was held at Harold's Hotel. Around 150 entrepreneurs and aspiring entrepreneurs attended the powerful event.

The first speaker, Jess Faller, Engineer by profession and a Certified Financial Educator talked about the Big 3 in the Financial Industry - the Banking Industry, the Insurance Industry and Investment Industry, where money is created, distributed, brought and sold.

 "It is not mainly about your career that makes you successful - it's in the daily financial decisions and lifestyle  that makes you a failure or a success." 

That' why Financial Education is the biggest and most powerful innovation today. It is important to have basic knowledge on personal finance.

-Saving the right way
-Managing Debts
-Creating Emergency Funds
-Knowing the Power of Compound Interest
-Building Solid Financial Foundation - Life Insurance, Healthcare, Stock Market, Mutual Funds

The best solution to get ahead is to become a Financial Literacy advocate. Attend lectures, seminars, coaching classes such as TRC of Bro. Bo, WBC of ProsperPinoy and/or weekend Financial Education Workshop of IMG.

The second speaker was one of  Cebu's leading entrepreneur, Mr. Bunny Pages, the owner of Thirsty, Lantaw Restaurant, Mooon Cafe, and many more. He personally shared how happy he was to be speaking in front, he just had a surgery and thank God he is doing very well now for he was able to deliver inspiring lessons that day.

12 Life Lessons for Entrepreneurs

1. A Business is given by the Lord. 

A business is a blessing, you should cooperate with grace. Always pray for guidance, his simple prayer is like this "Lord if this is for me, please make it easy. If it's not, please make it hard."

And since it is given by the Lord, you must always be prepared - "It is better to be prepared and not have an opportunity than to have an opportunity and not be prepared."

2. Don't stop learning.

Practice "Kaizen" a Japanese term for continuous improvement. Doing small improvements daily is the key to long-term success in life and in business.

Bunny Pages became who he is today through reading. Some of the books that changed his life are the following:

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IMG Convention: Global Campaign for Financial Literacy

Last February 5, 2017, IMG once again went to the Lion City - Singapore - for its first convention for the year 2017. Members from various parts of the world and their invited guests came to take part in the event held at the huge Max Pavilion of Singapore Expo.

IMG SG Convention 2017 - Max Pavilion, Singapore Expo

Everyone wore their white campaign shirts for the first time to unite for IMG's Global Campaign for Financial Literacy. With its theme, Convention of Campaigners, it was a different convention because there were no WSB trainers from US and Canada and no economic and financial updates from our investment mentors. 

Instead, the focus was on strengthening the WHYs of those who want to join in the campaign of having 1 million financially educated families by 2020. It was very timely and relevant because as a campaigner, one had to have a strong conviction to campaign in spite of the challenges faced. 

IMG's Global Campaign for Financial Literacy

Sharers were picked from among the newly promoted SMDs as well as those who have been successful in doing the IMG career for many years. 

They were people from all walks of life, from various professions and social status but  each with a unique story to tell - a seafarer who got sick he got a wake up call on his spending habits, a teacher burdened by medical expenses of family members, ordinary employees buried in debt, corporate executives laid off from work, high school graduates who learned to dream big, savers who sought more guidance to teach their spendthrift relatives - all their past struggles and how their desire to change their lives for the better led them to IMG. 

And how through IMG's platform of financial literacy, financial solutions and the system, they saw hope for a brighter future for their families and want others to experience the same.

Many were inspired, some were brought to tears. And as an IMG member for almost 5 years already, I was also moved because I was reminded of my WHYs of continuing to share about the IMG mission. 

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Ten Secrets of the NEW Rich

When we hear the word "Rich" what normally comes to our minds are people who are financially abundant. 

Yes, that might be the case, but in Kevin Donaldson's "Ten Secrets of the New Rich" book, he shares that not only we be rich financially, but in all aspects of life.

He also shares that majority of millionaires are entrepreneurs and how we can be entrepreneurs too without much risks and much capital. 

Also called as the "safest way" in becoming an entrepreneur.

The secrets of the new rich

Today, let's watch this 9-minute video below and learn the ten secrets of the "NEW" rich and how we can be too.

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How to find, discern and discover the perfect career for you

There's no one-size-fits-all, perfect career for everyone. Every individual is and will be attracted to a specific career.

The only challenge is that a lot of people are overworked and underpaid. Thus, they may love the job but hate the pay.

Others may love the pay, but they hate their jobs.

Worst, people hate the job, and totally hate the pay too! (what a disaster) 

It's quite challenging to find that perfect "love the job and love the pay."

So here are some meat to chew on, to hopefully help you find, discover or discern that perfect career for you.

How to find, discern or discover the perfect career for you

Incident #1:

My mother is involved in sales and has a huge sales organization in the cosmetics industry.

Back in high school when I was helping her out in what little way I can, I also help sell cosmetics (imagine a guy selling perfumes and underwires, what an experience!) 

Then, I got a not-so-good experience:

I followed-up my high school teacher a week before her due date and she told me, "Kasayo sad nimo maningil ui. Di ka kahibalo mamaligya da." (you ask for the payment too early. You don't know how to sell.)

After that, I told myself, I'll never be a salesman!

RESULT: I became a financial trainer selling financial products and services

Incident # 2:

When I was in college, I took BS-Chemical Engineering.

I never like repetitive tasks. So I told myself, "When I work, I don't want to be in the Quality Assurance Department." 

No offense but, being in the QA/QC Department, the tasks are almost the same everyday testing and monitoring certain quality standards. 

RESULT: You guessed it right, I landed a job as a Quality Assurance Supervisor after taking the board exam.

Incident # 3:

When the telephone was still very new, my brothers and sister have what we call before as, "call-mates." They spend hours on the telephone doing "telebabad" (long talks over the phone) 

I was the only one who doesn't have a call-mate. (If I remembered it right. Hehe) 

So I never really was comfortable talking to people over the phone. I feel like we are talking so close (ear-to-ear)! Wew, what a terrible thing to imagine. 

So when I became a full-time financial trainer after quitting my job as a quality assurance supervisor, I hated contacting prospects over the phone! 

RESULT: I have no choice but to contact prospects over the phone. 

Now connecting all the dots, I realized that I was too focused on the things that I never wanted. 

And I don't know if you believe the law of attraction or not, but truly - "What you focus on expands." 

And during these times of quarter life crisis (which I believe everyone undergoes) I made a decision to focus on a career that I wanted. 

As IMG coach, Xuan Nguyen said: 

"Find something to believe in and put your life to fight for it!" 

So I made a blueprint (outline) of all the possible careers out there:
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Wealth Bootcamp: from Zero to Hero

We just concluded an awesome event last weekend, Nov. 6, 2016 at Harold's Hotel in Cebu:

Wealth Bootcamp: from Zero to Hero

as organized by ProsperPinoy + the admins of Life at IMG, in partnership with CERTA, Inc. - Family Estate Planning and Investment Advisory. 

While it was the people's champ - Manny Pacquiao's fight with Jessie Vargas, around 100 attendees still dedicated themselves in learning more about business and personal finance. 

It was a comprehensive program which covered 3 areas which are believed to be an essential factor to thrive and maximize the financial potential and opportunities in the 21st century.

1. Business & Entrepreneurship (Modern and Online Business, Art of Selling)

2. Stock Market & Mutual Funds (Types of Investments that will work for you)

3. Financial Education (Increase Cash Flow, Debt Management, Understanding Insurance, Retirement Planning)

Here's a peek at the topics that were discussed in the event: 

1. Investing in yourself

Investing in yourself

The event started with Serge Bargayo, RFP, CSS of CERTA. The topic revolved around investing in yourself which is key to increasing your value. 

While people may acquire a lot of different investments and assets. The best asset that appreciates over time is yourself. It was the perfect start of the event as it is very important to remind people why we invest in attending seminars and lectures. 

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D.I.G. - The Key to Achieve your Dream Lifestyle

I just completed an e-course on personal development and online entrepreneurship. And in every learning opportunity, I always remember and apply the best part that struck me the most. 

It was about visualization and achieving your dream lifestyle. 

Before I share what I learnt, I would like to ask you some few questions and I'll try to emulate as much as possible the way the trainer did the visualization exercise. 

time and financial freedom with family

Let's start: 

How do you see yourself three to five years from now? 

Can you see yourself having enough savings and investments? How much are you earning by then? 

Can you see yourself inside your dream house? How big is it? How many rooms? 

How does your dream car look like? Can you see yourself riding your dream car? 

Where do you want to take your family for a vacation? Imagine yourself very happy spending quality time with your family. 

How does your dream lifestyle look like? 

Pause. Internalize the questions and start visualizing. Get lost in your imagination if needed. After that let's continue..

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Change is coming in the financial industry

We are now in the information age and people are now very hungry to learn.

People want to get the best deals and benefits, people want to learn, and a lot want to do it themselves without the need of a pushy sales agent. 

Change is coming in the financial industry

Because of the booming information age and with the development of technology, companies have changed and disrupted the old industries. 

Here are the game changers in the global industries:

IMG the new financial industry (source: IMG official)

Uber the biggest transportation network but does not own a single vehicle. 

Facebook the most famous social media website but does not create is own content.

Youtube the most dominant online video streaming website but does not produce their own videos.

Google the largest online information hub but does not write its own content.

And in the financial industry, it is high time that change should be implemented. The financial industry in the Philippines existed for more than a hundred years already however, not even half of the Filipinos are insured, a lot are under-insured, minimal to no savings and investments, and most if not all are in debt. 

Because of IMG's global campaign for financial literacy, change is coming in the financial industry. Are you ready for the change?  

Here are five powerful changes that is expected to happen with IMG's campaign:

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Lessons from Rich Dad Poor Dad

Robert Kiyosaki is the best known author of the #1 personal finance book of all time: "Rich Dad Poor Dad." This book has challenged the way people think about money and he stresses out the importance of Financial Education. 

While Robert Kiyosaki is not in any way related with International Marketing Group (IMG), his advocacy towards financial education is totally remarkable! 

Today, let's look at the lessons in his famous book: "Rich Dad Poor Dad."  

Robert Kiyosaki the author of the #1 personal finance book: "Rich Dad Poor Dad" (source: Rich Dad Quotes)

Watch the summarized 10-minute video below and learn more about becoming rich than taking a 4-year finance degree. (credits to OnePercentBetter)

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Leadership lessons from Mr. Rex Mendoza

One of the most sought after financial gurus in the Philippines is the founder of Rampver Financials, Inc: Mr. Rex Mendoza. We are very proud to have him us our dear friend and mentor. 

Every IMG convention, Mr. Rex will always remind us how lucky we are that we have him by saying IMG has never ever paid him to speak for us. Everybody would laugh but seriously speaking, Mr. Rex Mendoza is a top tier speaker easily earning a 6-figure every talk. However, he never asks payment because he loves sharing to IMG members his advocacy of financial literacy knowing his advocacy goes farther with IMG. 

Mr. Rex Mendoza of Rampver Financials, Inc. (IMG Convention 2016)

So last IMG convention held in SMX Mall of Asia, (Sept. 10-11, 2016), Rex Mendoza has bombarded us again with amazing lessons. 

Let's take a look at his leadership lessons to help us get ready to dominate anything in life.

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Three reasons why having a job should be temporary

Wealth file #11: 
Rich people choose to get paid based on results.
Poor people choose to get paid based on time. 

From the Secrets of the Millionaire Mind of T Harv Eker, the 11th wealth file we need to have is to choose to get paid based on results. 

Every time I conduct a talk and ask the audience:

"Who among you here are under-worked and overpaid?" Everybody seems to laugh!

but when I ask, "How about overworked and underpaid?"  All hands went up. 

You see, a lot of us, are not paid with what we are worth for. Why? Because as Robert Kiyosaki would say, we are all been programmed to "Go to school, have good grades and go find a secure and stable job." We are programmed to choose getting paid based on time. 

Getting paid based on time is exchanging your valuable time for money. Regardless of the work, you are paid. Even how busy you are, or even if you are sleeping inside the laboratory, you are still paid as long as you punch in the bundy clock. This is normally called as a J.O.B. (Journey of the Broke)

Having a job should be temporary

I am not saying that jobs are not good. In fact, it is one of the reasons why our economy is booming. However, jobs should not be the end result. 

Here are three reasons why having a job should be temporary: 

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Dominating the financial industry through financial literacy

International Marketing Group just concluded an awesome event last weekend: IMG's Convention of Champions 2016 - DOMINATE. It was held in SMX - Mall of Asia last Sept. 10 - 11, 2016. 

The theme of the event was "Dominate." Dominating the financial industry in the Philippines through Financial Literacy. We want to achieve a humble 1 million financially educated Filipino families by the year 2020. It was the biggest event so far with almost 8,000 financial advocates gathering with one common goal. 

International Marketing Group Convention of Champions 2016: Dominate (photo credits: Jon Siu)

As in every annual convention, we celebrated it first with a Gala Night. A night filled with food (eat-all-you-can buffet), entertainment and awarding. 

Artists were present to celebrate with us: Mr. Ariel Rivera, Ms. Morisette Amon and Mr. Dennis Trillo. Mrs. Korina Sanchez-Roxas was also there as part in the awarding ceremony. 

It was a fun night but the real juice was in the Sunday event - the convention proper. It was a whole day training event featuring IMG's millionaire mentors. 

Let's take a peek at IMG's mentors and the wisdom they shared during the IMG convention of champions - DOMINATE. 

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Powerful messages from Bro Bo Sanchez last IMG Convention 2014

Bro Bo Sanchez is a part of International Marketing Group with his team of financial advocates called "Truly Rich Makers."  As we all miss him last IMG Convention 2015. Now, everybody is pumped to see Bro Bo Sanchez this coming IMG Annual Convention on Sept. 2016. 

However, he never fail to send us his best inspirational messages and recorded a video for his IMG family. (See video below this article)

Today let us take a look back at IMG convention 2014 and his powerful message that has inspired and changed a lot of people's lives. 

Bro Bo Sanchez last IMG Convention 2014

Here are four power messages from Bro Bo Sanchez: 

He started his talk with a verse from the Bible, in Deuteronomy 30:19:

"I put blessing and curse in front of you. Choose."

He reminded everyone that we all have the power to choose our destiny. We have the power to make our dreams come true. 

One powerful way is to write down our goals and dreams in paper. He shared his experience of writing down his dreams. He wrote down about his dream family (wife and kids) even if he was still single, his dream of creating a community for the poorest of the poor, his dream house and becoming a best-selling author. 

Power Message no.1: Write down all the blessings you want. Add a bit of imagination to excite yourself. 

And indeed, all his dreams came true! We just got to acknowledge that we have the power. God has given us the power to make our dreams come true! 

However, there is a block that is preventing us from achieving our dreams. This block is: "Education without Execution."

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Is it really better to give than to receive?

Wealth file #10: 

Rich people are excellent receivers.

Poor people are poor receivers.

Yes, you read it right. Rich people are excellent receivers. Why? Because they believe they deserve to receive the best things in life. While poor people believe they are unworthy. 

This goes back to programming. When we were young, we were conditioned through verbal, modeling or specific incidents that would lead us to the way we think and believe now. 

We are familiar of the saying: "It is better to give than to receive?" This statement is not necessarily true. Remember: for every giver, there is a receiver and every receiver, there is a giver. This statement may have been spread by organizations who want you to give and them to receive. 

Is it really better to give than to receive?

Though it is true that it is in giving that we feel most happy. However, if you want to give something and someone is not willing to receive it, what would you feel? The person has then deprived you of the wonderful feeling of giving because he is unwilling to receive your gift. 

Thus, when someone gives you something like a gift, a compliment, an allowance, a bonus, a reward, then receive it and say, "thank you." Own it, because you deserve it. 

However, when someone gives you a negative feedback, comment, or anything not good, and then you don't receive it, then who do you think it belongs? It goes back to the giver. All the hate, the criticism and doubts of other people, let it go and don't receive it. It tells more about them than about you. 

Now, we know that rich people (mindset) are excellent receivers, how do we then strengthen our receiving muscle? 

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How big is your psychological wallet?

Wealth file #9: 

Rich people are bigger than their problems.

Poor people are smaller than their problems.

This wealth file is all about how ready we are in terms of handling money. This is not about how BIG or small or money problems are BUT how BIG or small we are compared to our problems. 

As T Harv would say, we can only grow to the extent that we do. If we think we are small, then we only do small things. And the problems, especially money problems like bills, mortgages, debts will appear to us as HUGE monsters. 

However if we grow ourselves, then even how big we think problems are like taxes, lawsuits, sudden economic downfall, we are ready to face them because these problems are just small problems compare to our bigger and more confident selves. 

How big is your psychological wallet?

Example: 

10K income per month + 25K debt per month = BIG PROBLEM

If we are earning 10K per month and we have a 25K per month debt, then this looks like a big problem to us. However, if you grow ourselves, educate ourselves how to handle money, earn more, or get promoted by working harder and then we raise ourselves to earn 100K per month, then the 25K per month debt becomes a "no problem."

100K income per month + 25K debt per month = NO PROBLEM

Thus the solution really is to grow ourselves first. And one powerful way to grow is by learning, especially financial education!

Remember: We are all containers and each one of us has what we call our "psychological wallet." This wallet is the preset amount in our minds that we are willing to hold. 

Thus, ask yourself, "how big is your psychological wallet?" 

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Want to get rich fast? Learn to sell

Wealth file #8: 
Rich people are willing to promote themselves and their value.
Poor people think negatively about selling and promotion. 

The word "selling" has been tainted with not so good impressions. We Filipinos, in one way or another, hate being sold. Like:

- When we go to the mall, looking for a good dress and the saleslady keeps following us.

- We walk on the street and salespeople are giving out flyers aggressively. 

- Or when our insurance agent keeps on calling us.

These situations have left "selling" a bad taste in our mouths. However, as we said in cash flow planning, to increase our cash flow, we need to earn additional sources of income or manage our expenses.

In simple terms: earn more or save more.

Related content: 4 Sources Of Income To Increase Your Cash Inflow

The best way to earn more is basically to sell something. Personally, I love selling. Because when you are in this kind of career, you control your income. It is results-based rather than time-based. (More of this on wealth file no. 11)

Want to get rich fast? Learn to sell.

However, when you take a closer look: rich people are willing to promote themselves and their value while poor people think negatively about selling and promotion. In other words, almost all rich people are salespeople but, again a big BUT, they are not just selling products or services for money rather they promote themselves and the value they can give to the world. They are doing a higher level of selling.

Here's a collection of the mission of powerful companies showing the value they offer to the world:

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Why you should not hate or resent rich people

Wealth file #6: 
Rich people admire other rich and successful people.
Poor people resent rich and successful people. 

Wealth file #7: 
Rich people associate with positive, successful people. 
Poor people associate with negative or unsuccessful people.

These two wealth files from the "Secrets of the Millionaire Mind" are related as most of the times, we Filipinos have negative beliefs and perspectives towards rich people. 

The rich people think very differently with poor people

Examples are: 

"Rich people are selfish and greedy." 

"Rich people are snobbish." 

"Rich people make their money from the sweat of the poor." 

And because of these negative notions, we don't want to be associated with these rich people. However, these beliefs are neither true nor false and in fact they become self-sabotaging beliefs. 

As per the law of attraction, we attract that which we want. However, when we dislike something or someone, we become an anti-magnet to the things we don't want. Meaning:

We all want to become wealthy, BUT when we hate/resent rich people, we become an anti-magnet to wealth. 

Who wants to become a snobbish, selfish or greedy person? Ofcourse, No one! But when we believe that rich people are greedy, selfish or snobbish, then guess what, we will never be rich because we don't want to become greedy, selfish or snobbish. 

But again, as mentioned these beliefs may not necessarily be true but rather can be supportive or non-supportive to your way to wealth. So I rather believe that wealthy people are good people and they help a lot of people because it is a more supportive belief towards my way to wealth. And so should you. 

That's why rich people wants to be associate with other rich people, not because they are greedy but because they want to belong to an environment of supportive people. 

And poor people associate themselves with other poor and negative people because they want to be comforted of their situation knowing they are not the only one. Worse, they resent the wealthy people to make themselves feel better. 

Be in a positive environment

As Jim Rohn cleverly said, "You are the average of the five people you spend the most time with." It is therefore very important to choose your environment wisely. 

If you are in an environment where people talk about debt, are in debt and financially struggling, then guess what, most likely we are also in that same situation. 

We need therefore to change our environment. And luckily, we have IMG as a vehicle where people can belong to a community or organization where people are success-driven. That's why IMG is having a global campaign to financially educate millions of Filipinos worldwide because we want to change the mindset of people to learn how to save and invest, to belong into a positive and supportive environment and to help people dream again that all our financial goals are really possible. 

So to become wealthy, we need to think like the millionaires. We must learn to appreciate and admire other wealthy people by associating with other successful, success-driven and positive people. So that through attraction, when we become wealthy ourselves, other people will also admire and appreciate us.

So, be part of IMG, become part of our global campaign for financial literacy. Experience #LifeatIMG. Be a member now! (Click here)

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Crisis: do you see danger or opportunity?

Wealth file #5: 
Rich people focus on opportunities
Poor people focus on obstacles

This wealth file is related to wealth file no.1: The victims - blamer, justifier and complainer. While the wealth file no.1 talks about taking responsibility, this file talks about how we perceive things. 

We all know that what we focus on, expands. So when we focus on the obstacles, the more and more obstacles we encounter. And just like the complainer, we become a negative person where people will then start to move away from us. 

Remember: Nobody wants to be around someone who is negative.

Rich people focus on opportunities. As one financial mentor said, instead of saying "I can not afford it" ask yourself, "how can I afford it?" By asking yourself that question, your mind starts to work. It keeps on looking for opportunities, hidden wisdom, or basically, your mind becomes an opportunity-seeking machine. When you say, "I can not afford it." your mind automatically shuts down! 

Today, let's play with your mind. Take a look at this picture, what do you see? 

what do you see? (source: hubpages)

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Do you deserve to be wealthy?

Wealth file #3: 

Rich people are committed to being rich.

Poor people want to be rich.

Wealth file #4:

Rich people think big.

Poor people think small.

These two wealth files are somewhat related. They both meant that the difference between a person with rich mindset and a person with poor mindset is the level of belief to themselves and deservingness.

A person with rich mindset totally believes in himself, regardless of his current situation, that sooner or later he will be successful. This total belief gives him the commitment to become wealthy no matter what. 

The poor person however, lacks belief in himself that he just "wants" to become wealthy. Everyone wants to become wealthy, BUT not all are committed to become one. 

As I have done in most of my group training, when I ask the audience, "who among you here can see themselves, sooner or later, that they are holding in their hands, 1 Million Pesos cold cash!?" 

Do you know what? Most people don't see it. Why? It boils down to the level of belief to themselves and their feeling of deservingness. 

Do you deserve to be wealthy?

The rich person would definitely raise his hand with no reservation. The poor mindset person would have 2nd thoughts of raising his hand because he thinks in his mind that it is impossible for him to do that. 

"Having a million would be good. I want that. But I don't think I can do that." 

and by the law of attraction: "your wish is my command." 

The 4th wealth file is related to the 3rd one. Because the rich person sees himself and is committed to becoming wealthy, he then thinks BIG. Massive goals. Huge goals. Because not only he believes in himself but also feels he deserves the best things in life by being successful. 

Again, we settle for the things we think we deserve. The poor mindset only acts according to what he thinks he deserves: small, mediocre, just enough. 

You see, whatever tools we have, skills we have, opportunities that come to us, if we don't believe in ourselves and if we feel not worthy of achieving success, then no matter what, we will never become wealthy. 

Wealth or becoming rich starts in the mind. And if you might be wondering why we keep on talking about becoming rich? It's because we all deserve to become one. 

The ultimate purpose of wealth is to help others. And if you are a good person, becoming wealthy will surely help a lot of people. 

Remember: Broke is the state of your bank account. But poor is the state of your mind. 

Be part of like-minded people. Experience a life of FINANCE, BUSINESS and INVESTMENTS? Experience #LifeatIMG. Be a member now! (Click here)

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