Talking with Rick

All the servers in the company were still inavailable due to the office site movement. Not much basically we could do in the office. After a short chat with the director of our TCC department, it once more proved that wages can't make you fortune. Just as how is it saying: "Formal education earns your living, only self-education can make you fortune".

Probably just because of the current career situation (certainly, not bad at all, actually it's much better than other similar colleagues in the company), I discussed a lot with Rick while having the lunch in Crown. Since it's a very interesting time of exchanging thoughts about doing business and investment, I think, it triggers me to put some of them down here.

1) What kind of module shall we use if we do business? Certainly, we can't choose the same ways what earlier successful entrepreneurs used before when they were doing their businesses. As Rick's point of view, different times we should pick different business to do because market is changing along with the time going, we should the demanding industry as 0ur targets; and different businesses need different approaches to get success.

To demonstrate that point, probably I should ask what did Rick's dad do and how did he do his business, to see if we can still do the business in this age?

2) Share or Property Investment? This is a really impressive discuss. Rick knows so much in share market and investment, however I know much more property investment with almost '0' idea on shares. Rick prefers share investment, but I weight property investment more. Finally, we are quite interest in comparing the investing result between the two approaches. If we suppose we buy both good blue shares with 30% annual growing rate and good located properties with the rate of 10%. For sure, the share would performs much better than property does, which I didn't realize before due to the lack knowledge of share investment. I focused too much on the power of leverage when I consider the two ways.

3) How to pick a share? I totaly learn it from Rick as he is 100% of my mentor in this field. The first issue we need consider is the industry which the share is belonged to. And the second factor we should seriously take into account is the company which must be well managed by excellent teams.

4) Opening Mind. Both of us totally agree with it and know how important it is in doing business and investment.

5) Learning should never be stopped in our lives. This is one of the must ways to get what you are doing successful.

6) The way to talk. it's very important to know well how to talk, how to express your point of view, which is the solid base of a successful chat or conversation.