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	<title>Comments on: Bankrupt at 72 Years Old, Millionaire Again at 82!</title>
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	<link>http://www.adam-khoo.com/41/bankrupt-at-72-years-old-millionaire-again-at-82/</link>
	<description>Adam Khoo On Success, Business And Life</description>
	<lastBuildDate>Sun, 05 Sep 2010 16:36:27 +0000</lastBuildDate>
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		<title>By: Realist</title>
		<link>http://www.adam-khoo.com/41/bankrupt-at-72-years-old-millionaire-again-at-82/comment-page-1/#comment-170976</link>
		<dc:creator>Realist</dc:creator>
		<pubDate>Thu, 18 Feb 2010 03:03:12 +0000</pubDate>
		<guid isPermaLink="false">http://www.adam-khoo.com/?p=41#comment-170976</guid>
		<description>I am sorry. $4 million SGD is not really a lot of money. You can&#039;t even buy a unit in Ardmore Park with that sum. People in my social circle all has minimum of $5 million houses in district 9 and 10. I guess $10 million USD should be the dividing line between true millionaire and upstart millionaire</description>
		<content:encoded><![CDATA[<p>I am sorry. $4 million SGD is not really a lot of money. You can&#8217;t even buy a unit in Ardmore Park with that sum. People in my social circle all has minimum of $5 million houses in district 9 and 10. I guess $10 million USD should be the dividing line between true millionaire and upstart millionaire</p>
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		<title>By: The Greatest Rewards Are Reserved Only for Those Who Never Quit &#171; Motivation Blog</title>
		<link>http://www.adam-khoo.com/41/bankrupt-at-72-years-old-millionaire-again-at-82/comment-page-1/#comment-170853</link>
		<dc:creator>The Greatest Rewards Are Reserved Only for Those Who Never Quit &#171; Motivation Blog</dc:creator>
		<pubDate>Mon, 15 Feb 2010 09:15:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.adam-khoo.com/?p=41#comment-170853</guid>
		<description>[...] Lim became a millionaire once more and was worth over $4 million. You can read more about him in my earlier post as [...]</description>
		<content:encoded><![CDATA[<p>[...] Lim became a millionaire once more and was worth over $4 million. You can read more about him in my earlier post as [...]</p>
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		<title>By: The Greatest Rewards Are Reserved Only for Those Who Never Quit &#124; Uncategorized &#124; Adam Khoo On Success, Business And Life</title>
		<link>http://www.adam-khoo.com/41/bankrupt-at-72-years-old-millionaire-again-at-82/comment-page-1/#comment-169708</link>
		<dc:creator>The Greatest Rewards Are Reserved Only for Those Who Never Quit &#124; Uncategorized &#124; Adam Khoo On Success, Business And Life</dc:creator>
		<pubDate>Sun, 24 Jan 2010 10:01:43 +0000</pubDate>
		<guid isPermaLink="false">http://www.adam-khoo.com/?p=41#comment-169708</guid>
		<description>[...] Lim became a millionaire once more and was worth over $4 million. You can read more about him in my earlier post as [...]</description>
		<content:encoded><![CDATA[<p>[...] Lim became a millionaire once more and was worth over $4 million. You can read more about him in my earlier post as [...]</p>
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		<title>By: OLUROPO ADEDINI</title>
		<link>http://www.adam-khoo.com/41/bankrupt-at-72-years-old-millionaire-again-at-82/comment-page-1/#comment-130080</link>
		<dc:creator>OLUROPO ADEDINI</dc:creator>
		<pubDate>Mon, 16 Mar 2009 06:58:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.adam-khoo.com/?p=41#comment-130080</guid>
		<description>Thanks for the motivational inspirations. Please I am into magazine publication and I intend to cross the poverty line in this business. Please assist me further inspirationally. God bless you.</description>
		<content:encoded><![CDATA[<p>Thanks for the motivational inspirations. Please I am into magazine publication and I intend to cross the poverty line in this business. Please assist me further inspirationally. God bless you.</p>
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		<title>By: CatherineL</title>
		<link>http://www.adam-khoo.com/41/bankrupt-at-72-years-old-millionaire-again-at-82/comment-page-1/#comment-10100</link>
		<dc:creator>CatherineL</dc:creator>
		<pubDate>Wed, 13 Jun 2007 22:36:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.adam-khoo.com/?p=41#comment-10100</guid>
		<description>Great post and v inspirational.  I was just blogging about how real success if often achieved after failure in business, so this post struck a cord.

This man failed by learning by his mistakes.  Some of you pointed out that he had many former employees behind him in his new venture.  Do any of you realise how difficult it would be to keep your employees motivated, and completely on your side after you&#039;ve gone bankrupt.  He must be a great leader, and I doubt that he was born with some lucky charm to teach him how to lead either.  No doubt he will have learned how to do that from his mistakes.

Thanks again for a wonderful uplifting post.</description>
		<content:encoded><![CDATA[<p>Great post and v inspirational.  I was just blogging about how real success if often achieved after failure in business, so this post struck a cord.</p>
<p>This man failed by learning by his mistakes.  Some of you pointed out that he had many former employees behind him in his new venture.  Do any of you realise how difficult it would be to keep your employees motivated, and completely on your side after you&#8217;ve gone bankrupt.  He must be a great leader, and I doubt that he was born with some lucky charm to teach him how to lead either.  No doubt he will have learned how to do that from his mistakes.</p>
<p>Thanks again for a wonderful uplifting post.</p>
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		<title>By: Age Old Proof That Business Failure Encourages Success</title>
		<link>http://www.adam-khoo.com/41/bankrupt-at-72-years-old-millionaire-again-at-82/comment-page-1/#comment-10099</link>
		<dc:creator>Age Old Proof That Business Failure Encourages Success</dc:creator>
		<pubDate>Wed, 13 Jun 2007 22:29:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.adam-khoo.com/?p=41#comment-10099</guid>
		<description>[...] It&#8217;s never too late to stop trying either. Adam Khoo&#8217;s Â blog has a fantastic post about a businessman who went bankrupt at the age of seventy two. Instead of resigning himself to failure, he went on to build another business, selling it at the age of 82 for $4.2 million. Now, that&#8217;s determination for you. [...]</description>
		<content:encoded><![CDATA[<p>[...] It&#8217;s never too late to stop trying either. Adam Khoo&#8217;s Â blog has a fantastic post about a businessman who went bankrupt at the age of seventy two. Instead of resigning himself to failure, he went on to build another business, selling it at the age of 82 for $4.2 million. Now, that&#8217;s determination for you. [...]</p>
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		<title>By: Steve</title>
		<link>http://www.adam-khoo.com/41/bankrupt-at-72-years-old-millionaire-again-at-82/comment-page-1/#comment-715</link>
		<dc:creator>Steve</dc:creator>
		<pubDate>Fri, 17 Nov 2006 04:09:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.adam-khoo.com/?p=41#comment-715</guid>
		<description>I think this story should inspire many people not just young people (I assumed)  like most of you here who made the comments. 

Borned in 1964, I am a 42 year old regional business manager. Consider me the &#039;baby-boomer&#039;. Most of the people I saw in Adam&#039;s blog and seminars are the gen X, Y or the latest Gen C.  Gen C stands for generation CONTENT. Tis is the thing that most Baby-Boomer does not know. We are brought up in an environment that is protected.. and during our time when we came up to work, Singapore was full of work and salary rate went up every year.  People buy HDB flat. Upgrade every 1-5 years and make lots of $$ from the stocks. Curing those time, buying a HDB will SURE TO make money. 

Singaporean in my age group (41-50),  by and large, do not have the fighting spirit.  This story comes in timely. 

I have travelled around the world while working as  WW product marketing, later Sales Director for Asia and so on.. I have met many corporate  managers, earning high income, being retrenched after working for a long period in MNCs.  Suddenly, they become desperate and at the age of 40+ and more.... very difficult to find work.

Mr Lim&#039;s story tell us that irregardless of our age, we can still strike.. all we need is to have that REASON. We need to find that WHY. And this is the hardest thing to do.. ie to find that WHY.  Mr Lim has found that WHY..  

For these reasons, I have found my WHY to start internet marketing business to help people at my age group find that.    I have started a blog site http://entrepreneur-2b.blogspot.com  while I&#039;m still working in MNCs.  :)

Adam has also inspired me with his work. And for this WHY, I have asked my sons to learn from him.  

The recent GST increase is also another lesson I want to take this opportunity to let everyone who read this know. We cannot always depend on our government to take care of us when we are old. How much can CPF help us? Is it enough?  It is better for us know to find the WHY, and the WAY to get rich. The only way to get out of this problem is to be rich.   

Why Internet Marketing??  I have always encourage my friends around me ( even non-Singaporean) to involve in Internet Marketing business. &#039;cause it is one business we can do it anytime, anywhere and while we sleep :)    I understand that Adam Khoo&#039;s Learning centre also started Internet Marketing education (by Stuart Tan). This is something good. Hopefully, many older guys enrol into this program.   While Mr Lim has the 2 key factors ( ie Business Experience and Contacts and Employees that gave him that emotion and WHY), Ordinary folks who do not have these factors can try Internet Marketing. Internet Marketing is good for age 8 to 88 !   No age limit.

So, if there is any one reading this that falls under my age group, my encouragement is that we should not stay status quo and depend solely on our government. We have good government, but they cannot help everyone.. we need to help ourselves.</description>
		<content:encoded><![CDATA[<p>I think this story should inspire many people not just young people (I assumed)  like most of you here who made the comments. </p>
<p>Borned in 1964, I am a 42 year old regional business manager. Consider me the &#8216;baby-boomer&#8217;. Most of the people I saw in Adam&#8217;s blog and seminars are the gen X, Y or the latest Gen C.  Gen C stands for generation CONTENT. Tis is the thing that most Baby-Boomer does not know. We are brought up in an environment that is protected.. and during our time when we came up to work, Singapore was full of work and salary rate went up every year.  People buy HDB flat. Upgrade every 1-5 years and make lots of $$ from the stocks. Curing those time, buying a HDB will SURE TO make money. </p>
<p>Singaporean in my age group (41-50),  by and large, do not have the fighting spirit.  This story comes in timely. </p>
<p>I have travelled around the world while working as  WW product marketing, later Sales Director for Asia and so on.. I have met many corporate  managers, earning high income, being retrenched after working for a long period in MNCs.  Suddenly, they become desperate and at the age of 40+ and more&#8230;. very difficult to find work.</p>
<p>Mr Lim&#8217;s story tell us that irregardless of our age, we can still strike.. all we need is to have that REASON. We need to find that WHY. And this is the hardest thing to do.. ie to find that WHY.  Mr Lim has found that WHY..  </p>
<p>For these reasons, I have found my WHY to start internet marketing business to help people at my age group find that.    I have started a blog site <a href="http://entrepreneur-2b.blogspot.com" rel="nofollow">http://entrepreneur-2b.blogspot.com</a>  while I&#8217;m still working in MNCs.  <img src='http://www.adam-khoo.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>Adam has also inspired me with his work. And for this WHY, I have asked my sons to learn from him.  </p>
<p>The recent GST increase is also another lesson I want to take this opportunity to let everyone who read this know. We cannot always depend on our government to take care of us when we are old. How much can CPF help us? Is it enough?  It is better for us know to find the WHY, and the WAY to get rich. The only way to get out of this problem is to be rich.   </p>
<p>Why Internet Marketing??  I have always encourage my friends around me ( even non-Singaporean) to involve in Internet Marketing business. &#8217;cause it is one business we can do it anytime, anywhere and while we sleep <img src='http://www.adam-khoo.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' />     I understand that Adam Khoo&#8217;s Learning centre also started Internet Marketing education (by Stuart Tan). This is something good. Hopefully, many older guys enrol into this program.   While Mr Lim has the 2 key factors ( ie Business Experience and Contacts and Employees that gave him that emotion and WHY), Ordinary folks who do not have these factors can try Internet Marketing. Internet Marketing is good for age 8 to 88 !   No age limit.</p>
<p>So, if there is any one reading this that falls under my age group, my encouragement is that we should not stay status quo and depend solely on our government. We have good government, but they cannot help everyone.. we need to help ourselves.</p>
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		<title>By: Bryan Koh</title>
		<link>http://www.adam-khoo.com/41/bankrupt-at-72-years-old-millionaire-again-at-82/comment-page-1/#comment-710</link>
		<dc:creator>Bryan Koh</dc:creator>
		<pubDate>Thu, 16 Nov 2006 05:47:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.adam-khoo.com/?p=41#comment-710</guid>
		<description>Very good story. Will always remember this. 

I have read your latest book, really very good...

Now I have started a blog about Navision (ERP Solution). This is my first blog.

Thanks Adam.

Rgdsm,
Bryan</description>
		<content:encoded><![CDATA[<p>Very good story. Will always remember this. </p>
<p>I have read your latest book, really very good&#8230;</p>
<p>Now I have started a blog about Navision (ERP Solution). This is my first blog.</p>
<p>Thanks Adam.</p>
<p>Rgdsm,<br />
Bryan</p>
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		<title>By: Dix</title>
		<link>http://www.adam-khoo.com/41/bankrupt-at-72-years-old-millionaire-again-at-82/comment-page-1/#comment-693</link>
		<dc:creator>Dix</dc:creator>
		<pubDate>Mon, 13 Nov 2006 15:34:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.adam-khoo.com/?p=41#comment-693</guid>
		<description>Hi everyone, 

I was at the seminar today when adam shared the story with us and I was thinking if this guy could do it, why couldn&#039;t I do it. 

Today I sat down to have a look at my goals and what are the feedback I can gather from my past. I hope in the near future, the success story here would be my story. 

Cheers.</description>
		<content:encoded><![CDATA[<p>Hi everyone, </p>
<p>I was at the seminar today when adam shared the story with us and I was thinking if this guy could do it, why couldn&#8217;t I do it. </p>
<p>Today I sat down to have a look at my goals and what are the feedback I can gather from my past. I hope in the near future, the success story here would be my story. </p>
<p>Cheers.</p>
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		<title>By: L</title>
		<link>http://www.adam-khoo.com/41/bankrupt-at-72-years-old-millionaire-again-at-82/comment-page-1/#comment-692</link>
		<dc:creator>L</dc:creator>
		<pubDate>Mon, 13 Nov 2006 14:54:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.adam-khoo.com/?p=41#comment-692</guid>
		<description>Henry,

Not quite.  His determination was fueled after his large group of employees threw the dinner for him.

Many ordinary people give up in comparison to Mr. Lim because they are mostly not as experienced or had a wide range of contacts as Mr. Lim.  Additionally, these people might not have had a history of success - they were just giving their best to see if they would gain success.

When you have a large group of people cheering you on, giving you support, coupled with your experience, contacts, and knowing that you succeeded before in the past - it&#039;s not difficult to feel positive and empowered in such a context.  Just imagine a soccer team with a whole stadium of supporters while the other only a few people - you know this empowering effect is real, people (especially soccer fanatics) know this is real.

Seriously, if Lim didn&#039;t have the support of these people nor had he the business experience, I highly doubt he could have, in your words, intensified his focus.  They were essential and indispensable ingredients that when bestowed to almost any person, can propel him or her to phenomenal heights.

I&#039;m not a cynical person - just that sometimes you have to be objective when reading about such stories.  Not all that glitters is gold.</description>
		<content:encoded><![CDATA[<p>Henry,</p>
<p>Not quite.  His determination was fueled after his large group of employees threw the dinner for him.</p>
<p>Many ordinary people give up in comparison to Mr. Lim because they are mostly not as experienced or had a wide range of contacts as Mr. Lim.  Additionally, these people might not have had a history of success &#8211; they were just giving their best to see if they would gain success.</p>
<p>When you have a large group of people cheering you on, giving you support, coupled with your experience, contacts, and knowing that you succeeded before in the past &#8211; it&#8217;s not difficult to feel positive and empowered in such a context.  Just imagine a soccer team with a whole stadium of supporters while the other only a few people &#8211; you know this empowering effect is real, people (especially soccer fanatics) know this is real.</p>
<p>Seriously, if Lim didn&#8217;t have the support of these people nor had he the business experience, I highly doubt he could have, in your words, intensified his focus.  They were essential and indispensable ingredients that when bestowed to almost any person, can propel him or her to phenomenal heights.</p>
<p>I&#8217;m not a cynical person &#8211; just that sometimes you have to be objective when reading about such stories.  Not all that glitters is gold.</p>
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