ME Pte. Ltd.

Warning – very egotistical post ahead with nothing new, but stuff you knew already.

The other day Rolf Suey dropped a fitting comment to my post  “Is having more money important to make you happier? Let’s put it into perspective

He quipped “after you are flush with cash, u want even higher authority so that u want to be become a president!

My response was “Yeah, president of my ME Pte. Ltd.

Why did I write that?

Paradigm shift: In this information age our most valuable asset is our earning ability.  Lifelong learning is compulsory to stay employable.  We have to continuously upgrade our skills and replace old skills with new ones.

This is certainly not doing something for others.

Today nobody can expect lifelong employment, but each one of us can create lifelong employability.

This requires a mindset change from seeing us as an employee to viewing us as being self-employed.  Everyone is self-employed.

Earl Nightingale: “The biggest mistake you can ever make in life is to ever think that you work for anyone else but yourself.”

You are the President of your own ME Pte. Ltd. with one employee selling your services to your current employer and receiving fees in the form of salaries or commission for the value and the results of what you do.

In fact you are on your own payroll and you are your own boss.  No choice, you have to take care of your own business.Taking care of my own business

Over the long term you determine the size of your own paycheck.  It is your investment in your knowledge and skills and your application of your knowledge and those skills that determines how much you receive.

You are the head of finance, production, marketing, quality control and R&D.  

You are in charge of your own training department as well.  And as the President of your own company you naturally should have an ongoing professional development program.

What do you learn and how?learning

What time do you allocate to learning?

What is your budget for learning?

From now on when someone asks you what you do, you can proudly say: “I am the President of my own company.”

And when they say that they thought you worked for xyz-corporation, you can say: “Yes, they are my best client right now.”

You have not always worked for that client and you will not always work for that client.  But you have always worked for your ME Pte. Ltd. since your birth and are being paid in direct proportion to the value of your services.

That concept is not an option, it’s mandatory.  It’s not just an idea where you have a choice.  It’s a fact like the sunshine, the rain or the weather.

The sooner you accept this concept, the sooner you move to the front in the information age.

“If you don’t design your own life plan, chances are you’ll fall into someone else’s plan. And guess what they have planned for you? Not much.” – Jim Rohn

“Success is simply being yourself but in an organized way” – Stephen R. Covey

“To be successful, you have to have your heart in your business and your business in your heart.” – Thomas J. Watson Sr.

never retire from your Me Pte Ltd

Any plans for retirement yet? Don’t retire from your ME Pte. Ltd. too early / ever!

2 Comments

  1. 100% the truth or correct when you are in the stock market.
    Or you are in sale.
    No sale?
    How long can you last before you get the boots?

    • Hi temperament,

      I guess it applies to any job. There is no long-term employment guarantee. Except in your Me Pte Ltd.

      Getting the boots? That gives me an idea. Maybe I should go into selling safety boots. Safety is important, those boots don’t last forever, and the government has such huge plans for infrastructure projects in Singapore so the demand should be high in the long run. The only problem – too much competition. Hmm.

Leave a Reply

Your email address will not be published. Required fields are marked *