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Archive for April, 2010

Rich Money Habit #10: Your Belief Systems Will Determine Whether You Become Rich, or Remain Poor

In last month’s issue, we looked at the fact that If you want different results, you would have to do things differently. This month, we will be looking at Rich Money Habit #10: Your Belief Systems Will Determine Whether You Become Rich, or Remain Poor.

Your belief system is the software by which you choose to operate your mind with. You can choose to think Good, Positive thoughts, or you can choose to think Bad, Negative thoughts. The choice is Yours!

The Rich and the Poor have very different beliefs when it comes to the topic of Money. And because their belief systems differ significantly, their ability to attract money into their lives ALSO differs significantly.

When it comes to Money, the Rich believe in abundance – there is more than enough money in this world for everyone and that Money will come to them if they put in the required efforts and hard work.

The Poor on the other hand, believe in scarcity - there isn’t enough money to go around in this world for everyone and hence, they constantly worry about not having enough money. They are always doubtful of their ability to attract money into the lives even though they work hard and put in the required efforts.

The main reason why different beliefs give you different results is because, essentially, You are WHAT YOU THINK. If you constantly think about not having Money, you WON’T have money! If you constantly think that Money is attracted to you (provided that you are willing to put in the efforts and hard work), you WILL have money! Whatever you think about most of the time would become real in your life!

So, kids, if you want to be rich, develop a “Rich” belief system!

In the next few months, we are going to look at different Money Personalities and help you identify which Money Personality you belong to, so that you would know what your strengths and weaknesses are when it comes to dealing with Money. Next Month, we’re going to introduce you to Philly the Peacock. Stay Tuned!

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June Holiday Programme

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MoneyTree Idea eXchange (MIX)

 

What is MIX?

MIX (MoneyTree Idea eXchange) is a platform for Youths to Showcase their Abilities and Talents in Pitching their Business Ideas to Investors

Why MIX?

  • Opportunity for the Youths to Express and Showcase their Talents
  • Allows Youths to understand the Elements required for a Successful Pitch to Investors
  • Build a Community of Youths who are not only Confident, but Dynamic and Outspoken by offering them a chance to obtain PRACTICAL, HANDS-ON experience to allow them to Stand Out and Succeed in the future
  • Talent Tapping platform for Organizations to identify TOP Talent within Universities / Colleges

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How do Students get to participate in MIX?

  1. Register with MoneyTree (Registration procedures on registration form)
  2. Have gone through a 1 hour Pitching Training conducted by MoneyTree
  3. Prepare a 210-second (3 and a Half Minute) Elevator Pitch for your Business Idea
  4. Present the Elevator Pitch to a Panel of Judges
  5. 5 - Minute Q & A session by Judges where judges would scrutinize the idea
  6. Best Elevator Pitch Wins Prize Money AND a chance to join the YES Platform to start a FULL Fledged Business

(MIX happens once a month)

Who Will Be Involved in MIX?

  • CEOs of Multinational Corporations
  • Representatives from Grant Providing Agencies
  • Captains of Industry
  • Industry Experts
  • Successful Entrepreneurs
  • Investors
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What Students would gain from MIX

  • Confidence Building
  • Presentation Skills
  • Communication Skills
  • Persuasion Skills
  • Selling Skills
  • A Chance to Start a FULL Fledged Business on the YES Platform
  • A Chance to be identified by participating Organizations who are keen on tapping young, high potential talents within Universities / Colleges
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Profile of Target Audience

University / College Undergraduates (17 – 24 years old)

Undergraduates who want to get a chance to showcase their talents & business ideas, AND Ultimately, get an opportunity to start a REAL Full-Fledged business
Undergraduates who view MIX as a platform for them to gain exposure, expand their networks, gain experience and obtain the skill sets required to be market-ready graduates

Investors

Who are interested in investing in new ideas / ventures (either in cash or in kind) by young aspiring entrepreneurs

Organizations / Corporations

As a Talent Tapping platform for them to tap young, market-ready undergraduates who possess the skills sets required to assist them in bringing their organizations to greater heights

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Criteria for Participation in MIX

To participate in MIX, one must either:

  • Be a Maybank MoneyTree YES Challenge participant, OR
  • Be a MoneyTree Entrepreneur Program graduate, OR
  • Have gone through a 1-hour MoneyTree “Pitching” training session (conducted once every month) – Undergraduates would have to register with MoneyTree for this

AND

  • Have paid the Registration Fees for MIX
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MIX Selection Process

Only Teams that have passed the MIX Selection Process would be eligible to Pitch in front of the Judges. To be eligible, the team’s pitch must:

  • Adhere to the strict Pitching Rules, i.e. No Politics, Religion, Foul Language, Obscenities or raising sensitive issues
  • Address Key points of a Business Pitch, i.e. Product / Service, Commercial Viability, Market Needs, Revenue Model, Management Team, Competitive Advantage, Barriers to Entry, Competitors and Scalability
  • Be approved by the MoneyTree Panelists

(A Maximum of 8 teams would be allowed to Pitch at any one session)

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MIX Participation Fees

Participation Fees for MIX as follows:

YES Challenge & MoneyTree Entrepreneur Program Participants:

  • Audience : RM 10 per pax
  • Pitching Team: RM 25 per team (consists of 3 – 4 members)

Others (students):

  • Audience : RM 15 per pax
  • Pitching Team: RM 35 per team (consists of 3 – 4 members)

Invited Guests, Representatives of Corporations & Sponsors:

  • No Charge

(Registration Fees include refreshments)

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Join us at MIX!

To Find out more about Sponsorship Opportunities, kindly contact

  • UV Wong - uvwong@moneytree.my

To Register for MIX, kindly write to / call:

Click here to download registration form

 Our Next MIX.

Venue: Level 1, PJ Live Arts Studio @ Jaya One, Section 13, PJ
Time: 7:30 pm – 9:30 pm
Frequency: Once a Month
Dress Code: Formal Business Wear

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WE ARE MOVING TO www.MoneyTree.Asia! There will not be any new updates to this site. Please check out our new site.

About MoneyTree

The current high credit card debt amongst young adults and the high percentage of retirees who are unable to meet their daily expenses, have made Governments across the region more aware of the need to educate the young on matters pertaining to Financial Management and Retirement Planning These factors provide for an excellent environment in which to launch the Money Tree programme, as a ready market is available.

 

MoneyTree is established to provide Financial & Entrepreneurship skills and knowledge to youths aged 6 to 26 , which would be required to build a career or business, as well as plan for their financial freedom. It has been created to fill the void left by the education system and school curriculum and to explore the opportunities available worldwide to further the dissemination and propagation of high-quality e-learning programmes utilising state of the art technology, and to groom the next generation of entrepreneurs.

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