Tuesday, June 30, 2009

Olakoenig's Blog email publish: Ola Koenig Propeller Group Activities for 07/01/09

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Title: Ola Koenig Propeller Group Activities for 07/01/09
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Propeller Group Activities for 07/01/09

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Olakoenig's Blog email publish: Ola Koenig TashieMoo is now following you on Twitter!

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Title: Ola Koenig TashieMoo is now following you on Twitter!
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TashieMoo is now following you on Twitter!

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TashieMoo (TashieMoo9277) is now following your updates on Twitter.

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Olakoenig's Blog email publish: Ola Koenig "Financial Intelligence" har skickat ett meddelande till dig på ...

A post was published by email on Olakoenig's Blog. Details are as follows:

Title: Ola Koenig "Financial Intelligence" har skickat ett meddelande till dig på ...
Permalink: http://olakoenig.wordpress.com/2009/06/30/ola-koenig-financial-intelligence-har-skickat-ett-meddelande-till-dig-pa-4/

"Financial Intelligence" har skickat ett meddelande till dig på Facebook...

Edward Vitenu skickade ett meddelande till medlemmarna i Financial Intelligence.

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Ämne: Do you really have to be a genius to become financially independent?

The fact is that affluence is not confined to the brilliant, nor are the brightest people necessarily the most prosperous. As a case in point, many members of the international high-IQ organization, Mensa, are of modest means. This is not meant as an endorsement of stupidity, for most certainly dimwittedness does little to promote wealth accumulation. Nonetheless, high intelligence is not the answer either, and Robert Heller in his 1974 book The Common Millionaire stressed that, down through the ages, a lot of untalented people managed to make a million dollars.

So the question remains: Exactly what qualities are most helpful in acquiring and retaining wealth, and where does intelligence fit into the equation? From my observations it appears that the necessary ingredients include habits of thrift and moderation, the diligent pursuance of a plan of action, and just plain good luck.

Admittedly the second of these three factors requires some acumen, which obviously works to eliminate the truly inept from the game. But on the whole it is the meld of character traits that seems to determine the outcome. My belief is that of these characteristics, "diligence" is by far the most important. If this is the case, then high intelligence conceivably acts as a bar to financial prosperity.

Unlike success in scientific endeavors, which requires profound skills to solve often complex problems, the continued application demanded in wealth accumulation is one that often requires little but a repetition of procedures, with no continual input of brainpower needed. Quite likely a mind capable of absorbing and processing new and stimulating information finds the demands involved in money-making a monotonous exercise offering little satisfaction except for the obvious benefits of having wealth.

When comparing brains versus achievement, here's another thought for you. Perhaps the link between intelligence and financial success is not the direct correlation we've been led to believe. It might be that beyond some level, increased intellect is actually a deterrent in the wealth-generating process. As with any theory, no rationale is convincing without at least one testimonial to make the argument.

I'll offer as a prime example a man who in the early 1990s achieved national prominence as a symbol of financial achievement: self-made multi-billionaire and presidential contender H. Ross Perot. There's no denying that Mr. Perot displays some remarkable traits, foremost among them driving energy and a compelling self-confidence. I contend that it's these characteristics which account for his spectacular success. On the matter of his intellectual brilliance, as evidenced by performance in a college classroom, you might note that, as a graduate of the U.S. Naval Academy class of 1953, his final year's record in purely academic subjects would have placed him in the bottom ten percent of his class.

Let me conclude by proposing that the true relationship between mental capacity and financial success is most accurately reflected by a bell-shaped curve showing that success in wealth accumulation peaks at an IQ of about 115, dropping off at both higher and lower values. If this is reasonably accurate, then we of questionable intellect may take heart; there surely is a fortune waiting for us.
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Olakoenig's Blog email publish: Ola Koenig Emaar, Dubai Holding merger finalised 'by October' and other new...

A post was published by email on Olakoenig's Blog. Details are as follows:

Title: Ola Koenig Emaar, Dubai Holding merger finalised 'by October' and other new...
Permalink: http://olakoenig.wordpress.com/2009/06/30/ola-koenig-emaar-dubai-holding-merger-finalised-by-october-and-other-new/

Emaar, Dubai Holding merger finalised 'by October' and other new stories from AME Info

AME Info - The ultimate Middle East business resource
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What's new at AME Info                30th June 2009
  
Emaar, Dubai Holding merger finalised 'by October'

Emaar, the UAE, and the region's, largest construction company, announced in a statement that it was in 'advanced discussions' regarding a potential merger with Dubai Holdings real estate firms Dubai Properties, Sama Dubai, and Tatweer. The company said that it expected that the consolidation process could be finalised within the next four months.

Find out more...
 

Managed services attract CIO attention as financial crisis bites

In our interview with Lionel Reina, VP for Eastern Europe, ME & Africa, Orange Business Services, he looks at the gradual move towards managed services in this region and why companies are taking the plunge. He also tells AME Info about the network business opportunities post financial crisis in the small to medium sector.

Find out more...

 

Abu Dhabi finance provider ups coverage as prices settle

Abu Dhabi Finance (ADF) is targeting a greater market share of the home finance sector in the UAE capital, as commercial banks increase their push for custom given the relative lack of mortgage offerings from government-backed providers, amid signs that prices may be finding a natural floor.

Find out more...

Fairmont forges ahead amidst 'perfect storm'

The head of Fairmont Hotels in the Middle East says hotels in Dubai will eventually recover from the economic meltdown, but it is unlikely they will enjoy the same level of growth that that they witnessed prior to the recession.


Find out more...
 

Q1 revenue rise for Ras al Khaimah Free Trade Zone

A 16% increase in revenue during Q1 2009 for the Ras al Khaimah Free Trade Zone is a significant growth in these challenging times. Oussama El Omari, CEO & DG, RAK FTZ talks to AME Info on the results, companies trading in the zone and its strategy to continue that growth.


Find out more...

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Monday, June 29, 2009

Olakoenig's Blog email publish: Ola Koenig Rose's Nose is now following you on Twitter!

A post was published by email on Olakoenig's Blog. Details are as follows:

Title: Ola Koenig Rose's Nose is now following you on Twitter!
Permalink: http://olakoenig.wordpress.com/2009/06/30/ola-koenig-roses-nose-is-now-following-you-on-twitter/

Rose's Nose is now following you on Twitter!

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Rose's Nose (buzzitt) is now following your updates on Twitter.

A little information about Rose's Nose:

11813 followers
94 updates
following 11955 people

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Olakoenig's Blog email publish: Ola Koenig Propeller Group Activities for 06/30/09

A post was published by email on Olakoenig's Blog. Details are as follows:

Title: Ola Koenig Propeller Group Activities for 06/30/09
Permalink: http://olakoenig.wordpress.com/2009/06/30/ola-koenig-propeller-group-activities-for-063009/

Propeller Group Activities for 06/30/09

We have found that many Propeller members like to receive a summary of their activity. You can find all this information by clicking around your profile, of course. But it's handy to have it in one convenient bundle.

Olakoenig's Blog email publish: Ola Koenig "Financial Intelligence" har skickat ett meddelande till dig på ...

A post was published by email on Olakoenig's Blog. Details are as follows:

Title: Ola Koenig "Financial Intelligence" har skickat ett meddelande till dig på ...
Permalink: http://olakoenig.wordpress.com/2009/06/29/ola-koenig-financial-intelligence-har-skickat-ett-meddelande-till-dig-pa-3/

"Financial Intelligence" har skickat ett meddelande till dig på Facebook...

Edward Vitenu skickade ett meddelande till medlemmarna i Financial Intelligence.

--------------------
Ämne: LESSON FROM A DONKEY

One day a farmer's donkey fell down into a well.
The animal cried piteously for hours as the farmer tried to figure out what to do.
Finally, he decided the animal was old, and the well needed to be covered up anyway;
it just wasn't worth to retrieve the donkey.

He invited all his neighbors to come over and help him.
They all grabbed shovels and began to shovel dirt into the well.
At first, the donkey realized what was happening and cried horribly...
Then, to everyone's amazement he quieted down.

A few shovel loads later, the farmer finally looked down the well.
He was astonished at what he saw.
With each shovel of dirt that hit his back, the donkey was doing something amazing.
He would shake it off and take a step up.

As the farmer's neighbors continued to shovel dirt on top of the animal,
he would shake it off and take a step up.
Pretty soon, everyone was amazed as the donkey stepped up
over the edge of the well and happily trotted off!

MORAL :
Life is going to shovel dirt on you, all kinds of dirt.
The trick to getting out of the well is to shake it off and take a step up.
Each of our troubles is a stepping stone.
We can get out of the deepest wells just by not stopping, never giving up!
Shake it off and take a step up.

Remember the five simple rules to be happy:

1. Free your heart from hatred - Forgive.

2. Free your mind from worries - Most never happen.

3. Live simply and appreciate what you have.

4. Give more.

5. Expect less from people but more from God.


Enjoy Life & Stay Happy
--------------------

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Olakoenig's Blog email publish: Ola Koenig Loan News Feed is now following you on Twitter!

A post was published by email on Olakoenig's Blog. Details are as follows:

Title: Ola Koenig Loan News Feed is now following you on Twitter!
Permalink: http://olakoenig.wordpress.com/2009/06/29/ola-koenig-loan-news-feed-is-now-following-you-on-twitter/

Loan News Feed is now following you on Twitter!

Hi, Ola Koenig.

Loan News Feed (loannewsfeed) is now following your updates on Twitter.

A little information about Loan News Feed:

21 followers
5 updates
following 110 people

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Sunday, June 28, 2009

Olakoenig's Blog email publish: Ola Koenig Propeller Group Activities for 06/29/09

A post was published by email on Olakoenig's Blog. Details are as follows:

Title: Ola Koenig Propeller Group Activities for 06/29/09
Permalink: http://olakoenig.wordpress.com/2009/06/29/ola-koenig-propeller-group-activities-for-062909/

Propeller Group Activities for 06/29/09

We have found that many Propeller members like to receive a summary of their activity. You can find all this information by clicking around your profile, of course. But it's handy to have it in one convenient bundle.

Olakoenig's Blog email publish: Ola Koenig Nancy is now following you on Twitter!

A post was published by email on Olakoenig's Blog. Details are as follows:

Title: Ola Koenig Nancy is now following you on Twitter!
Permalink: http://olakoenig.wordpress.com/2009/06/29/ola-koenig-nancy-is-now-following-you-on-twitter/

Nancy is now following you on Twitter!

Hi, Ola Koenig.

Nancy (lookin6n) is now following your updates on Twitter.

A little information about Nancy:

3 followers
0 updates
following 339 people

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Olakoenig's Blog email publish: Ola Koenig Loan Tweets is now following you on Twitter!

A post was published by email on Olakoenig's Blog. Details are as follows:

Title: Ola Koenig Loan Tweets is now following you on Twitter!
Permalink: http://olakoenig.wordpress.com/2009/06/28/ola-koenig-loan-tweets-is-now-following-you-on-twitter/

Loan Tweets is now following you on Twitter!

Hi, Ola Koenig.

Loan Tweets (loantweets2) is now following your updates on Twitter.

A little information about Loan Tweets:

39 followers
1 update
following 171 people

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Olakoenig's Blog email publish: Ola Koenig Sheikh Mohammed launches Dubai 2020, considers bidding for the W...

A post was published by email on Olakoenig's Blog. Details are as follows:

Title: Ola Koenig Sheikh Mohammed launches Dubai 2020, considers bidding for the W...
Permalink: http://olakoenig.wordpress.com/2009/06/28/ola-koenig-sheikh-mohammed-launches-dubai-2020-considers-bidding-for-the-w/

Sheikh Mohammed launches Dubai 2020, considers bidding for the World Expo and Olympic Games

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Sunday 28 June: Volume 70 - Issue 419

Sheikh Mohammed launches Dubai 2020, considers bidding for the World Expo and Olympic Games
Sunday, June 28 - 2009
To build upon his vision for the future, H.H. Sheikh Mohammed bin Rashid al Maktoum, Ruler of Dubai and UAE Prime Minister and Vice President, has today launched 'Dubai 2020', a new initiative that will focus a number of sectors within Dubai and the wider UAE around the common goal of furthering social and economic progress for the region.

Read more »
Top stories of the week
Video
Nokia looks to Middle East relevance
Nokia has a huge presence in the Middle East, so how does the region differ from the other areas in which it operates? Chris Braam, VP for Middle ...

» Watch the video report
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Audio
Rak FTZ revenue increase for Q1
A 16% increase in revenue during Q1, 2009, for the Ras al Khaimah Free Trade Zone is a significant growth in these challenging times. Oussama El ...

» Listen to report 
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