Ladies, Do You Know The Three Threats To Your Retirement?

We all want a colorful retirement with opportunities to travel, visit grand kids, start a hobby, golf, read a book, or just relax in the front porch rocking chair.

But before we get too cozy, we have to make certain we have prepared for the three threats to retirement. There are other threats to be sure, but these three are “normal” and “expected,” and if not planned for, then there is a strong chance we could outlive our money!

• Inflation

• Real Rates of Return

• Life Expectancy

Inflation

The most significant reason for planning your finances is to ensure that your money stays even with, and hopefully outpaces inflation. Inflation is the silent killer of the purchasing power of money. Prices tend to go up over time. Your plan has to cover these increases.

Financially, you have to at least keep your purchasing power to stay even with inflation. If you put all your money in the bank and delay creating a plan, you are indeed making a decision and starting a plan.

Inflation is the increase of the cost of goods and services. We recognize that things may cost more next year than now. This is expected for a strong economy that continually has increasing growth. Inflation has been very low in the last decade when compared to historical numbers but is likely to increase again.

Real Rates of Return

Not all investment choices will keep you even with or ahead of inflation. You have to invest to beat inflation and the impact of taxes. The real rate of return that I am talking about is (a) the growth of your money after you consider your tax bracket and (b) the increasing cost of goods and services (inflation). Remember, purchasing power is measured from your take-home money and its ability to purchase goods after the impact of inflation. You have to keep taxes and inflation in mind when you calculate the real rate of return. Historically, the “easy” investments of CDs and other bank deposit accounts don’t keep you even with inflation. You have to “grow” some of your money to outpace inflation.

Life Expectancy

The final reason why creating your financial plan is so important is that the average life expectancy is getting longer and longer. You have to create a financial plan that anticipates your increasing longevity.

I have said it before and will say it again: “You don’t want to be an old lady on a fixed income.” You have to create a growth plan for life! If you have only traditional bank deposits (CDs, checking, savings, money market accounts), you are on a fixed income.

If you look at life expectancy chart, a sixty-year-old woman’s “expectancy” is 24.37 more years. This means there is a 50 percent chance she will live longer than 24.37 more years. If she invests money in bank deposit accounts, she will quickly lose purchasing power and be in trouble in years to come.

How much do you think a stamp, or car, or home, or that rocking chair will cost in 24 more years?

Whether it is through death, divorce, or choosing to remain single, women have up to a ninety percent chance at some point in their lives of having to be solely responsible for their finances. Even in strong healthy marriages, many women need to take a greater interest in the household finances. Now, with the baby boomers moving toward retirement, the number of women who will find themselves financially alone is predicted to dramatically increase.

Why bother to create a Plan? Because if you don’t, these three threats will likely impact your colorful retirement.

Learning To Live Life On Your Terms For Overcoming The Fear Of Aging And Death

The secure and real you is never concerned about overcoming fear of death and certainly knows that when you are through using your body for its intended purpose, you’ll peacefully lay it aside.

When I speak to groups of people in the Baby Boomer age range I seem to be asked quite often about overcoming fear of death, while those quite younger seem to more easily accept the terms of life in this world.

To help those who are afraid of death I like to ask them to consider a few things:

We all deserve to live life on our own terms, reaching goals and dreams with a life lived at full potential.

When you choose to embrace life without fear each day, you begin tapping into your power of mind and real inner strength takes charge over the ego, which is always in fear of something.

Being afraid of death can quite often be, that they are afraid that when their time has come they will find they really didn’t live life to the fullest.

The fearless you who is not afraid of death will move on within eternity, just as joyful as you’ve always been.

Moving on by letting go

The ego resists letting go and moving on from fear and is always thinking about overcoming the fear of aging and death, and merely can’t.

It never wants to be a part of or joined with Truth; thus it promotes belief-making.

The ego in us all tries and bring our mind to its promising, but never peaceful, thought system.

The ego will cry out as it chants: “You got ta believe!”

These are the beliefs that try to make us search for ways to overcoming fear of death, yet all along have us afraid of alternative and new ways of considering not only life in this world, but yourself and the Divine.

The ego-based mind tries to hang and make beliefs onto them, so your vision to the light of real knowledge about eternal life is obscured.

Isn’t much of humankind in constant conflict over right and wrong beliefs in just about everything?

One group may say, “Our way is the only way to believe” or “This religion is the very first rock the church was built on” or “This holy text is the only true word of God.”

Self-doubt

These and many other beliefs keep our minds dividing and fragmenting its allegiance to separate kingdoms; but the actual commitment is only to confusion, self-doubt, and let’s not forget fear.

It really only matters at all to you, and the path of your true free will–which is what keeps you happy and at peace within yourself, and never having to worry about overcoming fear of death.

A Course in Miracles states, “When we look at the ego, then, we are not considering delusions but dynamics.”

Does it really matter which version of any religious scripture gives someone more comfort and understanding than it may for someone else?

The Holy Spirit’s interpretation of anything is the same as your true vision, rather than what someone may suggest is best for you.

Living at your full potential

You are not accepting the power of the Universe as it is intended for you if you choose not to accept this knowledge of yourself.

Any belief you accept, apart from what you truly know, is obstructing God’s Voice in you that guides you to life lived at full potential. When allow for this guidance you are allowing for everyday miracle manifestation into your life

Manifesting miracles in your life

There is no other body, or organized group of bodies, be it religious, political, or otherwise, that knows you as who you truly are.

A Course in Miracles further teaches us, “Everyone has experienced what he would call a sense of being transported beyond himself.”

This true essence of yourself is your holiness and it’s an experience you know, which is your Divinity and is whole.

By not accepting this power as yours, you are then seeing God’s creation as weak, and the weak are those who are afraid of death, and angry and therefore frightened.

This weakness is exactly what the dream of separation, or ego-based mind, is all about.

To embracing life without fear

Top 10 Job Strategies for Recent College Graduates

When the graduation celebrations have ended, many recent graduates must consider what they are going to do with their lives. When I started talking with my students and other graduates from other institutions, the clarity of what they were going to do after college life was murky at best. Surprisingly, the majority of the graduating seniors did not have any idea of what they were going to do.

Perhaps, it is generational because Millennials have a different outlook than Baby Boomers. In my last job strategy book, I along with my co-author, William Bailey, researched this problem and found a huge disconnect between what organizations desired from potential employees, and what today’s job seekers expect of employers. This article explores 10 new job strategies for recent college graduates in how to increase their success in employment.

THE ECONOMIC LANDSCAPE

The economic picture should give recent college graduates some hope. According to a recent National Association of Colleges and Employers, the top bachelor’s degree, which would be in the highest demand, was business administration and management. Of the 169 surveyed employers, 86 stated they intended to hire graduates with this degree.

In another college employment study by CareerBuilder.com, 74% of employers planned to hire more recent college graduates this year (up from 67% from 2016). Half of these employers planned to offer recent college graduates higher pay than last year; 39% of these surveyed employers would start recent graduates with $50,000 or more (compared to 27% in 2017).

The most sought after majors for these employers were: Business (30%), Engineering (26%), Computer and Information Sciences (23%), Engineering (16%), Communications Technologies (13%), Mathematics/Statistics (11%), Construction Trades (11%), and Health Professionals/Related Clinical Sciences (10%). With this positive job outlook, college graduates cannot afford to relax because of the continual changes in the job market.

NEW JOB STRATEGIES

Recent college graduates must enhance their job strategies. In today’s competitive environment, getting a job in one’s major is not easy. In fact, more experienced and older workers are now competing for entry-level jobs.

Companies are more demanding due to the surplus of seasoned and young talent before them. According to the Economic Policy Institute, one in eight colleges graduating class of 2016 were under-employed. Underemployed relates to those individuals in the college-educated workforce that are doing jobs that don’t require a college degree or not in their intended major.

With that said, those unemployed individuals would prefer to be working in their major full-time. In the Office of the New York City Comptroller’s 2016, the study found that, by 2014, Millennials were making about 20 percent less in real terms than what older generations made during their first years in the labor force. Thus, recent graduates cannot afford to misunderstand the job market.

Peter Cappelli, the author of Why Good People Can’t Get Jobs, notes that the impersonal nature of the current employment process: “Like a replacement part, job requirements have very precise specifications. Job candidates must fit them perfectly, or the job won’t be filled, and the business can’t operate.”

In a surplus market with numerous potential candidates, employees can be picky. When a list of prospective applicants does not meet the requirements, many times, these positions are left unfilled. Sadly, most job seekers have not figured this reality out. Yet, loaded with the right attitude and good job strategies, recent graduates can ensure themselves of better success in this job market. The following are the 2017 job strategies for more employability:

  1. Possess a good character that makes you an attractive person.
  2. Connect your ideal job with your interest, skills/abilities, and value/belief system.
  3. Build an effective personal brand, including an online personality connected to LinkedIn.com and critical online networks.
  4. Pursue additional education and certifications (i.e. Google digital marketing certifications) that separate you from the competition.
  5. Use daily positive self-affirmations about your skills and abilities to keep your energy level positive.
  6. Build an incredible professional network for identifying job opportunities.
  7. Learn how to seek out critical advice and mentorship, but develop the capacity to use it.
  8. Develop a questioning attitude about life to promote problem solving.
  9. Network with subject matter experts, industry leaders, and highly successful people to increase your job opportunities.
  10. Target desired positions and apply periodically (daily, weekly, etc.) so that you are actively engaged in new employment.

CONCLUSION

In today’s difficult economy, college graduates must be more assertive despite the positive forecast for employment. Getting a job isn’t easy. This article demonstrated how recent college graduates can increase their chances of being hired with 10 new job strategies. In fact, many Millennials will face future employers that have a variety of job options to fill a job vacancy.

Individuals who understand the new mindset of current employers will have a better chance of successfully navigating the employment landmines. Yet, a savvy job seeker understands these employment changes and makes the necessary corrections to make his/her personal brand attractive to potential employers. If individuals want to be more effective in their job hunt for 2017, they can use these job strategies to navigate future career challenges.

© 2017 by Daryl D. Green

Patriotic Vigor Can Help You Make Money

The Great Paradox

I am absolutely fascinated by the paradox of the world that we live in today, particularly in the U.S. The same quick money making ideas that spurred gigantic investments and financial gains during the dot com, real estate, and stock market booms, have also resulted in monumental losses that have devastated many millions of people. As the markets continue to experience a severe lack in confidence driven by instability of the Euro, it stands to reason that things are only going to get a lot worse before they get any better. When the Euro reaches the point of no return and implodes it threatens to have a catastrophic affect on America.

With so much money already lost, and with so much more at stake, “where is all the money going?” is the question. Because money does not just disappear, it transfers from one holder to another.

What was once the shining beacon of hope, leadership, freedom and prosperity around the world, is quickly becoming a divided wasteland – with looters on one side, and the sheeple on the other side who now willingly trade-in their pride, their dreams, and their honor as men – in exchange for hand-outs like social security, unemployment, and food stamps, referred to as “benefits” by the looters.

The Land of the Free

The Land of the Free, and the Home of The Brave, has become the “Land of the Slaves and Home of The Victims”.

If you recently invested your money in the S&P 500, you’ve lost -20.2% since 2007. Even Warren Buffett himself is down -26% since 2007… And yet the money making investment strategies implemented by some investors over the past year alone have returned 10.5% to 27%, without any direct exposure to the extremely volatile stock markets.

If you’re a baby-boomer, (or not) you cannot afford to lose money again because you don’t have the time available to recover your losses… Period. The fact is, if you don’t arm yourself with the right information, that’s exactly what could happen in the next six to twelve months.

Home of the Brave

Obviously, some economic downturns are much larger than others, such as the world-wide global depression that appears to be approaching right now however, that is an entirely different thing than merely an economic downturn. Nevertheless, during this monumental shift that we’re now witnessing, the rich will continue to get richer and YES…you can make money too. At the same time it still holds true that a great many of the poor will continue to get poorer, along with a vast majority of the middle class who are not prepared.

In light of the clear evidence that is right before our eyes this type of talk is pretty average these days. While some might say that it is just more fear mongering, the purpose of this article is not to breed fear. The purpose of this article is to serve as notification to people who are perceptive so they can make the necessary preparations. Nothing scary about that, in fact quite to the contrary. Those who take action based on this information should be considered as prudent sound minded thinkers who are making logical wise decisions.

Bear in mind this it is not a gloom and doom subject because fortunately, even during times of severe economic downturns, there are ways to make quick money. That is “IF” you know how to do it, or know somebody else that knows how and has a track record of success. Rest assured that you can actually profit during these economically challenging times rather than losing your shirt.

God Bless America

Be thankful that there is still time to prepare, and for your own good please take immediate action now to safeguard your financial security as well as your freedom.

Technology Leaves Baby Boomers’ Groovy Talents Behind

As a teen, I could play a mean game of pong. My handwriting was absolutely gorgeous and I wrote the best letters. I drove my Pinto with a stick shift like a pro. No one was faster at shorthand than me in high school.

I perfected licking stamps without swallowing them, surviving while riding a bike without a helmet, providing loving care for my pet rock, and finding a book at the library using a card catalog and the decimal system.

Cradling a phone for hours in the crook of my neck while I talked to friends? No problem. I created beautiful photo albums that included funny sayings I carefully cut out of magazines. I used a Polaroid camera, picked the right film, and reduced exposure time like an expert.

Forget Quicken, spellcheck, and a calculator. I balanced a checkbook beautifully in minutes, my spelling was impeccable, and I made change from cash in my head.

Alas, all these talents have gone to waste. Technology has sadly left me in the dust.

I’m not alone in grieving discarded past skills no longer needed. In Michael’s Kaplan’s article, Technology is Making Baby Boomers Total Losers published in the New York Post, he laments the invention of Telsa cars.

“A few weeks ago, I rode in a friend’s Tesla… my pal couldn’t wait to show me the sedan’s most mind-blowing feature: It parallel parks by itself – perfectly,” Kaplan writes. “I feigned amazement, but thought something else: This is one more skill of mine that has just become obsolete. I’m a below-average driver but an awesome parallel parker… Grown men stand curbside and marvel over my bumper-to-bumper artistry.”

He goes on to list other talents we boomers had that are no longer needed such as reading a map or remembering phone numbers. Oh, I hear you, Kaplan!

Remember sewing classes in Home-Ec? I painfully learned how to make my own clothes pricking my fingers with those stupid sewing pins. And for what? Suddenly, it became cheaper to buy clothes than make your own. Who makes dresses from patterns, mends their clothes, or sews on a button anymore?

During my first job as a secretary at a bank, I developed an uncanny skill for using carbon copies (by the way, youngsters, where do you think the initials CC comes from when you send an email – yes, from this archaic tool) without making a smudgy mess. I also used typewriter erasers without tearing the paper.

And get this – most impressive of all – I could paint precisely with whiteout to fix a typo, let it dry the exact right amount of time, and then realign the paper perfectly so the type was not too high or too low. It was genius!

All useless.

I made the cutest paper dolls from the Montgomery Ward catalog. My embroidered cutoffs and artful doodles of Snoopy on my Pee Chee folder made my schoolmates pee green with envy. I could skip a song on an album by picking up the needle and placing it at the exact spot of my favorite song without scratching the vinyl.

No one cares.

Doesn’t it make you yearn for public pay phones, grinding gears, and the sound of a dial-up modem? Adjusting rabbit ears? Cleaning the head of a VCR? Lining up paper on a dot matrix paper? Fixing an 8-track by putting Vaseline on a Q-tip to lubricate the rubber wheel? Floppy disks?

Well, maybe not. But we can still mourn for all our awesome skills that are now useless. And who knows?

Maybe you’ll be in an old Jeep driving alongside a cliff when the driver has a heart attack. Yeah, and you must jump on his lap and take over before you plunge hundreds of feet below. I mean, you just never know. Good thing you know how to drive a stick shift!

Perhaps our expired skills aren’t so useless after all!

The Good, the Bad and the Ugly: My Experience With Online Dating

After being divorced for about 9 months, I decided I was ready to start dating again. I knew I was not ready for a committed relationship, but I did think I wanted to start meeting people again… for the first time in 25 years.

I knew several people who had been on Match.com and decided to give that a try. My first profile was probably subconsciously written to deflect prospective suitors. I made it pretty clear that I was just looking, but didn’t say much about what I was looking for. I’m not even sure I knew myself! I included a few pictures and stepped back to see what would happen.

I got email from a lot of guys and went on a lot of first dates (and by “dates” what I really mean is “first meetings”). I learned a couple things. Meeting for coffee or drinks the first time is preferable to meeting for dinner. I know pretty quickly if the person is someone I might be interested in or not, and even though I can carry on a conversation with most anyone, dinner can seem like a very long evening if there is absolutely no interest.One of my friends encouraged me to be open to everyone and not judge people in advance by their photos or profile. Bad advice. I have never been pleasantly surprised by someone looking better than their bad photos. For example, one guy I met had pictures that weren’t too bad. He described himself as “follicularly challenged, but I do have a little pony tail in the back that you can’t see”. I thought he was joking, and displaying a good sense of humor. That’s where I was wrong! The guy was sporting a skullet! He was bald on top, but had let the rest of his hair grow long enough that he could slick it back into a high pony tail, that started where the hair on the top of his head ended. The ponytail was about four inches long and hung in a little curlicue down the back of his head. I spotted him walking in to the bar ahead of me and almost left, but decided that would be too rude. He was actually a nice enough guy, but I couldn’t get past the skullet.

I have also found that the inability to write a decent profile corresponds to an inability to carry on a conversation. The same applies to email. While I don’t mind a direct approach like “Nice pics, enjoyed your profile. Would you like to meet for drinks and conversation?”, I won’t respond to email that says, “You’re so pretty, would you like to talk?” Or, “How are you this evening?” Maybe that sounds harsh, but I figure if that’s all they can bring to the table, we probably aren’t going to have much to talk about.

After about 6 months, I revamped my profile, added some new photos, and described myself and the type of guy I was looking for in more detail. I’m sure it helped that I had gained more clarity about what I wanted, because I did begin to get better results. However, I think there are many men who only look at the pictures. I get email from guys whose profile says they like bass fishing and camping, Nascar and hunting and I wonder if they even read my profile. While there’s nothing wrong with any of those activities, there’s nothing about any of that that matches up with me. I also state that I’m an empty-nester and am enjoying this phase of my life. A guy with three school age kids at home is not going to be a good match for me, but it doesn’t stop them from trying. My upper age limit is 55. Yes, I am 52, but unfortunately I’ve found that many men have started to get kind of old by their mid-50s. I am not an old 52. While I realize I’m not going to compete with a 35 or 40 year old, nor would I try, I want a man who still thinks young and is active, and looks like he’s taken care of himself along the way. I’m not saying he’s got to be buff or look like George Clooney; it’s OK if he’s bald or has gray hair, I’m aware of my own flaws. I had an email from one guy who said in his profile “I’m 65, look 55 and act 45” then went on to describe all the youthful things he does. I’m sure it’s at least partially true, but to me he looked 70. My dad is 70 and I’m not trying to date my dad, or any of his friends!

I also say in my profile that I’m more interested in who a man is than what he has. And that’s true. I don’t care about his Harley, his boat or his sports car. One guy I met, who told me all about his collection of cars, mentioned over of the course of the evening that he was very conservative. I said that I am much more middle of the road. Somehow we got on the subject of gay marriage, and before I could express my opinion, he went on to tell me that there was a gay couple, both doctors, who lived in his neighborhood when his kids were young. He told me that he wouldn’t let his kids walk past the couple’s house because he didn’t want his kids “to witness their deviant behavior”. Oh. My. God. I almost hit the roof. I said, “Let me tell you something. My son is gay. He is not a deviant, and I really don’t appreciate such narrow minded thinking.” I said it nicely, but I was angry. He quickly tried to back up and recover, but that was it for me. Another guy emailed me who said he’d been very fortunate financially, that he had plenty of money and would love to be able to travel with me and take good care of me. 1) That’s a creepy introductory email, 2) I don’t need to be taken care of, and 3) the guy looked like an old man. I ignored his message. A few weeks later I got another message from him saying that he’d written to me before and too bad I didn’t respond because he’d won $13 million in the Illinois lottery in 2007 and he would’ve loved to have shared his good fortune with me, but obviously I wasn’t interested. Yes, you’re right. I am not interested, I wouldn’t have cared if it was $100 million! I didn’t respond to that message either.

In all, my experience on Match has been fairly positive. I’ve met a lot of really nice people, had some fun. I met a couple guys that I dated for a short time, and one that I’m continuing to see. I met the guy I’m seeing soon after I revamped my profile. Interestingly enough, he has all the qualities that I said I like in a man. I have come to realize that I am ready for more of a committed relationship, though I am by no means interested in getting married or living with someone. But I do want a companion. Right now we are taking it very slow, but I am open to exploring the possibilities.

Why Is It Hard For Singapore To Produce An Entrepreneur Like Mark Zuckerberg?

In this article, I am going to write why it is hard for Singapore to produce an entrepreneur who can think, succeed and live life to the fullest like Bill Gates, Mark Zuckerberg and Steve Jobs.

Even though I wrote a few articles about internet marketing and other topics, I have never written one about my country and the reason why I do not do and probably never do again is because I might get heavily criticized by my own people.

Especially those in from the elite rich and upper middle-income group who are able to cope with the system be it education, national service for men, work, dating, marriage and family planning.

Even though I am telling you the truth.

As I mentioned before in my bio of the last few articles, I came from the Southeast Asian island which is also considered as a little red dot in the entire world.

If you asked any foreigner coming to my country, most of them will tell you that it is a great place to live, work and play at. And that includes major celebrities like Hugh Jackman, Jamie Foxx, Tom Cruise, Andy Lau etc.

However here is the daunting truth which the media has never covered on TV and newspapers.

In terms of education and career, we have very limited choices and opportunities. Even though things have slightly improved now, that is not the case in the 1970-90s during my growing up years and pre-internet era.

Moreover, the baby boomers in Singapore – especially those born in the 1940-60s such as my parents and grandparents – are among the most skeptical Asians when it comes to creativity, entrepreneurship and innovation of any kind.

At first glance, you might be asking me why I am mentioning these and why does it have to do with our country challenges in producing an entrepreneur like the American counterparts.

To begin with, my country has no natural resources. Hence a lot of emphasis has been placed on manpower productivity. In studies, work, play and even personal affairs like dating, marriage and family planning.

While that may seem good at first look, there is one major flaw with this system.

Which is different people have different levels and speeds of comprehending and understanding things. Especially in our education system to begin with which proves to be the catalyst and gradual point of our adult years from childhood.

Those who have no problems coping with their studies graduated with top degrees and get jobs. Those who have have to contend with low to middle-income jobs. But whichever path they took based upon their school grades, the stress level is very high for three reasons.

The first is because their salaries have not been growing in alignment with the rising costs of living be it medical, housing and pension funds. Even with mid and year end bonuses, they are still not sufficient especially for those who are married and have kids to support.

The second is because the company owners – be it entrepreneurs or employers have difficulties coping with the high costs of running businesses and taxes.

And third is because since most of our products and services are foreign imports, we suffered when those countries we depended indirectly upon suffered. Such as US, UK and other Western and Asian countries.

But while the younger generation suffered, the older generation are very happy with the current system and expected the young to be the same out of respect for them and the government.

Study hard, get a high paying job, work hard, marry and retire with ONE single income source as pension.

Otherwise known as Central Provident Fund or CPF in my country which not only focuses on our retirement but our medical, housing and children’s education needs as well if some of us are married with kids.

Even at the expense of sacrificing our passions and dreams we once have had and want to pursue as our careers when we grow up.

Why is that so you may ask again?

In order to understand the present, I have to rewind and need you to rethink the past when Singapore was still fighting for independence in the 50-60s. I am not just rehashing the upcoming Transformers movie slogan but am stating the truth and story behind their way of thinking which may seem right from a moral point of view but is clearly outdated with the current global trends of economy uncertainty and the need for creativity, innovation and entrepreneurship.

It might be hard for you to believe let alone understand this.

When our forefathers come to Singapore in search for better jobs and pay they can provide to their poor families in China, India and Malaysia, they are very open to all kinds of opportunities be it employment or entrepreneurship.

But a few things happened.

First they were being conned and taken advantage of by the Westerners who are the British in our pre-independence era. And secondly, they and their families suffered the same when the Japanese occupied my country which sparked World War II.

After Lee Kuan Yew took over as Prime Minister with the promise of providing better jobs, education and standard of living which he did, they found paradise because of the huge changes taking place and shaping my country into a beautiful garden city with the highest home ownership.

Not just Asia but worldwide.

His speeches also sparkled the spirit of self-belief, self-reliance, hard work and determination in what we do to achieve success. And the only way – I am talking about the 1950-70s -, is through studying for good grades, work hard in a high paying basic salary job and retire comfortably with just one income I already mentioned above but still like to mention again.

Those are the pros.

Now here are the cons.

Because of their bad experience with Westerners and Japanese, most people – growing up in those years – developed strong anti-entrepreneur sentiments even though some of our foreign imports are from those countries.

Just to give you a better understanding of what I say, let me give you an example.

If you liked cooking and food, Singapore is a great place for you.

If you liked being involved in social activities as in interacting and helping others. you are also gladly welcomed into our little red dot.

But if you are an introvert, likes to be creative, wants to pursue entrepreneurship and being in entertainment business, Singapore may not be suitable for you.

Because most of our parents are skeptical of these due to high costs of living and wanted to leverage on their children to reduce their burden in both their living expenses and taxes. Especially those from poor to low middle-income families who bore the biggest burden of working and paying probably for the rest of their lives.

Hence for all their ambitions, enthusiasm and passion as children, they are only reduced to working in administrative, sales and service-based jobs. Even if they want to be actors and actresses, they will have to do a lot of work convincing their parents for their approval. Same for entrepreneurs.

That is also why we have shortage in those and the government decided to bring in foreign entrepreneurs and celebrities to make up the shortfall.

I myself also faced the same challenges.

My mom did not like and understand the reasons why I have been staying at home even though I explained that I was learning the basics and fundamentals online to learn about web design and marketing online.

She is not much different from other parents.

For those who become successful because they could afford the high-end coaching programs, they could afford to be their own bosses and live life on their terms.

For those who are not, they ended up working to fulfill the dreams of those entrepreneurs who have already fulfilled what they like and want to do.

Even worse, when they get married and have children, they will have to continue working to support them besides paying bills. By the time their children have grown up and they are free from all responsibilities, they will be too old and weak to even remember their childhood past let alone what they like to do as kids.

Quite simply, if you want to do what Bill Gates, Mark Zuckerberg and Steve Jobs did when they got started in my country Singapore, it will be very hard but not entirely impossible.

Because out of every 100 who ever tried, few will ever succeed.

Even if there are entrepreneurs, they are setting up their business on government and banks loans. Therefore they have to work harder and much longer hours than anyone to make as much profits as they can and repay the loans back in the shortest time possible.

The way I see it, though many of my fellow compatriots will disagree and even chided me, they are not entrepreneurs. As long as they are working and not expanding on loans, they are still working like self-employed employees.

To me, my meaning of entrepreneur is the same as how Eben Pagan defined it.

Working from scratch and build your way to success on shoe-string budget.

And for those who succeeded, even fewer get to last say 5, 10 or even 20 years. Because as their business expanded, most of them are more interested in making profits with little or no regards to delivering value to customers.

Which our government took a very tough stand against and –

Reinforced the Singaporean baby boomers’ perception and belief that entrepreneurship is evil which leads people to the dark side of the force and employment – to be earned through studying for good grades – is the one and only way forward for our nation to progress as one united people.

And it is because of that mentality that resulted in my country lacking sufficient competent and capable entrepreneurs and our government having to negotiate with other countries to bring in their own entrepreneurs.

To make up the shortfall and create jobs for people like you and me if you are fellow Singaporeans reading this.

And ultimately help to fulfill their dreams just to meet ends meet and as a result, losing all enthusiasm, drive and passion we once have had as children.

With that all said, that explains why it is hard for most of my people – including me when I got started in my business – to be like Bill Gates, Mark Zuckerberg and Steve Jobs. Or even George Lucas who created Star Wars movies, merchanise and movie / animation studio.

Not just in the way we worked to make money.

But in the way we lived our lives.

Why Entrepreneurship Is the Ideal Career Choice for Millennials

If you have ever taken a second to look at the founders and creators of your favorite businesses and brands, you will find that many are under the age of 34. Even in my local community, the entrepreneurial landscape is thriving with twenty and thirty-somethings all out to create a future for themselves. I plan to join the ranks of being an entrepreneur. When asked why I wish to do so, I have realized it was never really a choice for me, but a notion that was always there, a trait that was embedded within in somehow long before I knew it was there. This, then, begs the question; why are so many Millennials flocking to entrepreneurship as a career choice?

What is a Millennial?

To answer why Millennials are choosing a life in entrepreneurship, you first have to know what a Millennial is. There aren’t set start and end years for this generation, but the consensus typically places this group at being born in the 1980’s and 1990’s, coming to early adulthood in the early 2000’s. Business dictionary defines Millennials (or Generation Y) as such, adding that it consists of the offspring of the Baby boomers (Generation X, and that having access to technology at an early age has not only forced businesses to incorporate use and updates of technology at a faster rate, but also to update hiring strategies. So, how Millennials view the workplace and a career?

Millennials Behavior Towards Careers

Needy, entitled, arrogant, overly relaxed, are many of the terms you’ll find used to describe the Millennial generation, and in all fairness, they can be true, but what I think the more seasoned workforce veterans perceive as negative attributes could be a misunderstanding of what each generation is looking for in their lives and a career.

Jeff Fromm, Forbes contributor and author of “Millennials in the Workplace: They do not Need Trophies, but They Want Reinforcement” learned the average tenure for Millennials was only two years, while the average for Baby Boomers was seven, with Generation X decreasing that to about five years. In the same article, Fromm explains the cause for this low retention rate to Millennials putting the focus on growth. If growth does not seem evident to a Millennial, they have no problems changing jobs to get it.

Why Millennials Rather Forge Their Own Path

Fromm shares that Millennials growing up in an era where resources are virtually infinite, have gained and embraced an entrepreneurial mindset that allows them to always be on the hunt for opportunities. MindTickle, exploring the “10 Millennial Personality Traits HR Managers Can’t Ignore”, listed number one on their list millennials’ need to find a job or career that has “meaning”, with a Fast Company article uncovering that to include: having the ability to share their gifts, making an impact on other’s lives, and living a life they desire. Millennials have also had the privilege of growing up with role models who are entrepreneurs, allowing the idea of starting a business the expected logical thing to do, rather than an exception. ( https://www.entrepreneur.com/article/269995 ).

Millennials Traits

So, what traits do Millennials have that makes entrepreneurship an appealing career choice and a successful one?

For starters Millennials are an open and collaborative bunch. I believe this is primarily from growth into adulthood with social media. Being willing to share and receive feedback from peers allows Millennials to naturally transition into a transformational leadership style that is key to successful innovation, a skill needed for corporations and entrepreneurs alike to thrive.

Jim Moffat, Chairman and CEO of Deloitte Consulting, in his article “The Seven Positive Qualities of Millennials That Can Help You Improve Your Business” found Millennials to be motivated, natural leaders and innovators, thinking of innovation as a science, while also noting our inherited entrepreneurial spirit aiding in our ability to build a business.

Will Millennials be the Best Entrepreneurs Yet?

It is hard to determine, but the tools and mindset of a Millennial might make it possible. With the focus being placed on growth and opportunity, and business role models fashioned after entrepreneurs the likes of Mark Zuckerberg, and Steve Jobs. Big ideas coupled with the impatience of a career to reach them is what drives a Millennial and what makes a career in entrepreneurship a perfect choice.

Why Are Most Baby Boomers In Singapore Skeptical Of Entrepreneurship And Implications On Youth?

In this article, I am going to explain why most baby boomers in Singapore are skeptical when it comes to creativity, entrepreneurship and innovation. Most importantly, why their beliefs are detrimental to our nation growth – especially in youth and next generation development -even though they may seem like good as in protecting their children and grandchildren from most traditional Asian families’ perspective.

Just as the upcoming Transformers – The Last Knight’s slogan said in its preview poster – Rethink Your Heroes, it basically means that in order to understand the present, we have to rewind and rethink back to the past which resulted in their current way of thinking and insistence that future descendants think and do likewise.

For your information, baby boomers are basically those born in the 1960s and earlier. Which also means they are our parents, grandparents and great grandparents etc.

Though I mentioned my country in my last article, that was more of the recent and current situation. Now I am going to take you back 50-60 years before that resulted in the transpire of such events.

To begin with, when Singapore opened its doors for free trade and employment opportunities, our forefathers come all the way down from China, India and Malaysia in search for better jobs and pay. Not just for themselves but for their families who are suffering poverty in corrupt-plagued homelands. Like most of us, they are very open to different opportunities be it working for others or even setting up their own businesses just to make ends meet for themselves initially but long-term income for their families and children gradually in the long run.

But three things happened which derailed their plans and resulted in their short-term safeguard but long-term narrow-minded perspectives.

The first is that Singapore is originally founded and developed by Sir Stamford Raffles from United Kingdom. Whose his intentions are out of goodwill, the same cannot be said of his countrymen who see themselves superior to all Asians and intend to exploit them for their gain.

As in outsourcing the work to them to generate maximum profits and yet paying them peanuts which can hardly pay their rent and utility bills let alone put food on the table and send the money back to their families. Many of them – especially Chinese coolies – turned to opium smoking as a way of reducing their stress and workload they have to face every single day just to make enough money which never happens. Hence they are born poor and eventually died poor which is not their fault regardless of what other people may think. Even though they are in the right place at the right time, their ignorance and willingness to listen and do what others say – in particular the British -blindly leads them to the path of no return.

Secondly it is because of the World War II that resulted in Singapore being targeted for bombing and occupied by the Japanese for their agenda. The fact that my country is being surrendered and sold out by the British government without a hard fight speaks volumes about their cowardice, incompetence and selfishness. Our late founding father and Minister Mentor Lee Kuan Yew was a young student back then who was stopped by the Japanese for checking inspection and kicked about even when he did as told. That also resulted in his resolution of wanting to make our country a better place that our people can proudly proclaim as home rather than being exploited by British and Japanese.

That was what made him venture into politics and through his fiery speeches of providing a better life and throwing out the British who had by now turned corrupt and inefficient due to their complacency in ruling Singapore and even more so after World War II despite reclaiming it from the Japanese with the help of Americans.

Because most of my people and forefathers as in Chinese, Indians and Malays were poor, they strongly believed and supported his vision even though our nation was widely dismissed as we were the smallest country and regarded as a little red dot in Southeast Asia that was not known to many countries except major powers like United States, United Kingdom and surrounding neighbouring countries.

Despite Lee’s political People’s Action Party or PAP in short winning the General Elections in 1959, we were still under British control. After lengthy negotiations with the British in their territory, a treaty was signed and Singapore gained independence in 1965.

However there was one major problem that was overlooked by Lee and my forefathers.

Besides being the smallest island, Singapore had no natural resources. As in oil, gas and money for rebuilding. Given the fact that most of our people back then were uneducated and reduced to low paying jobs, the only way to make Singapore rise again – as it once had upon being founded by Raffles – was to leverage on other countries in their resources required for our survival. Not just our forefathers but their children and future generations as well.

Beginning with our neighbouring country Malaysia. However, the government there had a condition which Lee found it hard to abide by. Which was to give priority to Malays over Chinese and Indians. Because Lee saw our country as multi-racial which made us unique, he wanted the priority to be given to everyone. Which was to be treated with dignity and respect not just the way we lived but in our education, jobs and housing. That resulted in major differences and heated exchanges which eventually resulted in Malaysia backing out and Singapore had to feed for itself.

Those reasons I highlighted above explained why survival was considered as immediate priority in my country. Unfortunately because everyone wanted to make a lot of money and yet uneducated when it came to money management and delivering value to one another in order to make the money, the income inequality transpired and resulted in political unrest. Lee decided to make a harsh stand by suing and imprisoning most of his opposition opponents in order not to allow the past events of communist strikes against British resurface again and affected political stability.

Those events made our forefathers believe strongly that in order to survive, they should have a good education upon which they should study hard, good jobs from which they can get good pay, get married, being able to provide for families and retire happily. Due to their bad experiences of being exploited by British and Japanese, they strongly believed that as the one and only way to survive and live happily was through those and dismissed all forms of creativity, entrepreneurship and innovation as evil traits which will bankrupt and led Singapore to the dark side of the force as frequently phrased in Star Wars movies.

Yet when they were with their children and grandchildren, they liked to ask them what they liked to be when they grew up. At first glance, it might seem they liked to know but the truth was they saw children and grandchildren as young, naive and ignorant beings whom they can make fun of. Yet when they grew up and were ready to go to school, step into workforce and marry, they placed strong expectations and high burden on them as in continuing their lineage. As in doing what they were told and forget about whatever ambitions and passions they might have had as kids as those were dark influences that could turn them to be as corrupt and complacent as British and Japanese.

And given the fact that other countries imposed conditions on Lee and his ministers for free trading and creating jobs for Singaporeans. As in providing the same for those countries’ civilians when they come to Singapore be it play, study or work.

That resulted in an unlikely scenario.

A great place for foreigners to live, study, work and even set up their own businesses in whichever venture they wanted.

But a bad place for my people to live, study and work hard in jobs that are limited to hard labor, administrative, engineering, medical, mechanical and trading which were in abundance but very few jobs on arts, creativity and entertainment. Even though Arts And Crafts were one of the school subjects we studied, it was widely dismissed by most parents and ministers back then as jobs of such nature had no future since artists do not earn and also considered as bringing Singapore back to the dark days of poverty in the 1950-60s.

Anyone who went against those were perceived as unfilial and disrespectful to their elders, families and government. In other words, anyone wanting to pursue their passions but not within the hard labor, administrative and trading are judged to be rebels and villains.

Because of the need for survival, strong emphasize, pressure and workload of endless homework was placed on children as early as 7. This resulted in the highest number of them suffering from myopia and wearing spectacles. And when they reached secondary or high school by international standards, more pressure was added on them and they have to change their spectacles regularly as their shortsightedness increased.

When I said shortsightedness, I do not just mean not seeing clearly and have to wear glasses to improve their vision. But lacking vision and passion to pursue what they once have as children. Despite having a wealth of qualifications, knowledge and ideas, they are resigned to doing jobs their parents and grandparents want them to do rather than going all out to pursue and succeed in what they want relentlessly.

And when they are married and have kids, the situation is even worse as their financial burden becomes heavier with just one income source and numerous expenses as in housing, daily expenses, children education, medical welfare etc. Out of every 10 parents with kids at local toys store, only 2 to 3 actually bought toys for them. Simply because most cannot afford and needed to prioritize what they spent.

I have also seen those who spent their whole lives working just to make ends meet. By the time they retired and children working to support them, their minds become completely defragmented and forgetful. They have forgotten what they like and want to do as children and youths. Instead they spend the rest of their time looking for friends and rekindle their good old days which are not possible as their friends also have their own family obligations and busy with their own problems.

With that said, those are my reasons why most baby boomers in Singapore are skeptical about all forms of change and preferred to be in their designated comfort zone our founding father Lee and his PAP worked hard to build.

Though there was nothing wrong with that at glance, there was everything wrong with the way they imposed their beliefs on the younger generation. On what used to work in the past but are no longer applicable. The world has changed and so must my country in accordance with the trends instead of leveraging solely on other nations simply for survival.

There will be many people from my country who disagree with my views. Especially those from elite rich and upper middle income families who have never experienced hardship but only knew from reading books and watching TV and internet.

But it is still important for me to share with you for your better understanding of my country Singapore. Even though it is now developed and prospering in economy, most people are limited in their beliefs and drive, being overdependent on government, lacked wealth creation and money management skills simply because they are conditioned to study hard, work hard and retire with just your job income by our forefathers simply because of their beliefs and bad experiences in the past.

Problems Faced by Old People After Their Retirement

Do you know which is the biggest shock any man ever receive in his life? It is the moment when he knows he is an old man. In ancient time old persons were getting respect and care from youngsters but now that culture no longer exist. Now a days everyone hate to be treated as an old man by others. At the time of his retirement itself a person starts face some new issues in his life. These issues may be financial, keeping relationships or health issues. Another problem is the slow life lead by elders. After retirement they are free from official duties and that make them feel lazy and slow. So we can see after retirement old people face multiple problems in their life.

The first problem which affect an old person after retirement is financial issues. After the retirement they are usually getting lower income compared to previous days. Most of the old people are forcibly retired from their regular jobs due to company or government policies. So they cannot continue their work even if they wish. Many of them are not in a situation to start their own business due to either physical or psychological issues. So they decide to lead their life with the limited income.

Health issues are also very much disturbing for old people. Aging process decreases the immune power and old people are more vulnerable to diseases. In addition to the lower immune power, they lost their previous physical abilities. They may face issues with walking or jogging. Very old people may find it extremely difficult to cross a road. So they feel the life is very hard and nothing to enjoy.

Another major problem faced by old people is about keeping relationships. As they are not physically fit as they are in young ages, it can make a gap in relationships with old friends. So in a nutshell old people need care and love from young people. They were young once and made this world for us. So it is the time to show our gratitude towards them.