The Wealthy Barber

14 Feb

I listened to David Chilton speak tonight, it was a very refreshing, emotional, informative and humorous talk. He reminded me in many ways of Dad. He preached living within your means, being grateful and not getting stressed out over petty problems/ worries (transcending). He explained the thought process of choosing a TFSA or an RRSP (The ratio between your tax bracket at time of investment and withdrawal being of the utmost importance). He told stories from the Dragon’s Den, spoke about all kinds of deals he has been involved with and most notably he praised other people. He talked about the time when a young lawn service worker put a gouge down the length of his new car, and decided not to worry/stress about it after already wasting 5 minutes feeling angry. He considers himself very lucky for having such great parents that gave him a huge leg up in the world (As do I). He basically showed all the qualities of a good leader. Interested in helping others, has a sense of gratitude not entitlement, gets other people to talk about themselves, laughs at his own faults, and clearly can see opportunities and act upon them. He mentioned that a massive element of doing well in business is simply being nice to people. He observed how ridiculous it is when he sees people make the conscious decision to be upset over not getting their morning coffee, or not being able to finish a round of golf, which costs them the ability to be productive.
Anyway, taking action is better than all the advice in the world, I’m off to do some last minute Engineering Mechanics. (P.S,  95% on my programming assignment, although struggle in other areas..)

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2 Responses to “The Wealthy Barber”

  1. Sandra Murphy February 14, 2013 at 2:44 pm #

    Great mark Angus dear and a happy Valetines day to you. Hope you got our card. Love you G&G

  2. Sandra Murphy February 15, 2013 at 3:42 pm #

    We read your summary of The Wealthy Barbour and feel you have a great handle on what is important.We agree “Don’t sweat the small stuff” Love you G&G

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