I would really like to share with everyone the power of sharing and the power of synergy. Some of you may have noticed my face appearing in alot more ads as usual. In fact, many of the ads my face appears in are the ads of ERC (Entrepreneur’s Resource Centre) which runs leading entrepreneurship programs (both Diploma and Degree).

Well, the reason this is happening is because AKLTG and ERC recently had a strategic alliance where we are now promoting each other’s courses and programs. For example ERC’s Diploma in Entreprise Development has incorporated my ‘Patterns of Excellence Program as one of its core modules. ERC’s Diploma in Wealth Management has incorporated my Wealth Academy as one of its core modules. As such, Whenever ERC sells their Diploma programs, they are effectively sellings seats in my seminars! These additional students that come to me as a result of ERC’s diploma program easily adds an extra $1 million + in revenue to AKLTG.

At the same time, I actively promote ERC’s diploma programs whenever I run previews for my Wealth Academy and Patterns of Excellence Programs, adding to their revenue as well. In addition, by leveraging on my brand name, ERC gets to further build their already strong credibility and are able to reach out to the studnet’s segment which they are new in.

The funny thing is that before I met up with the founder Andy Ong (who happens to also be a super high achiever, self made millionaire and author of 7 books), we saw each other as indirect competitors. In additon, he had the impression that I was an egotistical asshole and I too was told that he was an egotistical asshole.

So we had bad impression with each other before we met, which is one of the reasons we never ever attempted to get together. We found out later it was a mutual acquaintance who painted this totally inaccurate picture we had of each other. Turns out, Andy is really a nice guy…and has the same vision, values and srive as me (we found out is was the mutual acquaintance who was the real asshole who played us both out). I guess one big lesson to learn is that we should never form generalizations of other people (no matter what others say) until we really get to meet them ourselves.

After just one round of golf, we really hit it off and decided to forge this alliance which has proven a super big win-win for both parties. Although, we have to now share the profits of our participants with each other, the resultant comined marketing effort has resulted in the pie growing even BIGGER for both of us. The result? higher profits for both parties.

I have always believed that it is important to share. Some of you may not know this, but I only own 50% of AKLTG and I only own 30%-50% of all my other 7 companies (all consolidated into 3 main holding companies). In fact, I came up with ALL THE INVESTMENT money and gave away free shares to my partners. Some people think I am stupid as I would be earning less profits by giving away shares.

However, I have learnt in life that when you give shares to good partners, they will add so much value to your company that they will grow the original pie so many fold that you will find that everyone earns more and benefits more in the end. The reason I see so many businessmen remaining as one-man shows and never being able to expand their businesses is because they are so afraid of sharing their ideas, shares and profits. So although they hold 100% of the shares, it is 100% of a very small pie. However, because I gave away 50% of my company to great partners, they have increased my pie to 100th fold so that 100% of this super pie is much much more than 100% of a tiny pie.

I always like to give the example of Bill Gates and Microsoft. Bill Gates is the richest man in the world. Yet, does he own 100% of Microsoft? No! He started out owning only 50% and now, he owns less than 20% of the company. In fact, out of the 10 riches men in the world, 3 of them (i.e. Bill Gates, Steve Balmer & Paul Allen) come from the SAME company, Mircosoft! I always say, it is always better to own 10% of a $100 million company than 100% of nothing!

Whenever I run my Wealth Academy programs (next one coming up 5-8 october 2006, Singapore Expo), the biggets fear I hear from my participants in their business development proces is ,’ what if I share my ideas with people like investors, partners, friends and they STEAL IT?’ Well, let me say that IDEAS are CHEAP and FREE. If you never share your ideas and network with the right people, keeping that idea to yourself is worth nothing. YOu have to have the confidence to share your ideas, get feedback, get people on yoru team and turn that idea into reality. Wealth = 1% inspiration and 99% perspiration.

The trouble I find with the Asian (Especially Chinese culture) is a very selfish one. Traditionally, when a Chinese family discovers a new secret, they tend to want to ‘KEEP IT IN THE FAMILY ONLY’ and ‘KEEP IT AS A SECRET’, only to be passed down from one generation to the next. However, American’s mentality is very different. When an American discovers a new idea/investion/secret, they will go all out and share it with everyone and earns millions of dollars in royalty payments! This is probably why most of the world’s inventions were developed by the Chinese but made famous and cmmerically exploited by the Ang Mohs

If you have been following the US market, you would know that it has been rallying like crazy for the last week, primarily driven by low oil prices and increase in consumer confidence. The Indices now sit on a 5-year high! What makes this amazing is that it is doing so in one of the worst months in history (Sept has been the worst month for the indices).

However, I still maintain my stance that it is due for a serious correction for the following reasons.

1) The S&P 500 (now at 1337) is now sitting very near on its upper trend line (resistance line in RED) of 1340, which means that if it maintains this trend, it will likely correct down to support line at 1300 or lower.

2) Although the S&P 500 & Dow are shooting up, the stocks that are increasing are not leading stocks (those with the highest EPS rating, Relative strength rating) as measure by the IBD 100 (investors.com), but are stocks coming from non-leading stocks like Property Stocks etc…

3) Those who are buying up the stocks tend to be more individual investors and not large buyers like institutions and mutual funds, which puts a big question mark on the sustainability of the buying

4) October is still coming up…And October has been historically the second worst month of the year where all the major crashed occur.

5) There is still a real concern that the US economy is slowing down. However the Euphoria of falling oil prices and the FED holding off any interest rate increases has blinded most bullish investors towards this fact.

Bearing this in mind, I am still holding on to my value stock portfolio as most of them are pretty undervalued and won’t be very much effected even with a much needed correction. However, I am maintaining a short position on the S&P 500 index until as least after 31 october

I just came back from another really great trip from my office in Jakarta. I must admit that when I first entered the market, I was doubtful that there would be a big enough market for my premium programs such as Wealth Academy, Superkids and ‘ I Am Gifted, So Are You!

So, I must say that I am pleasantly shocked that my Jakarta business is booming even bigger than the camps and seminars I run in Singapore. In Singapore, the average turnout for a seminar I run is about 80+ to 100. Everytime I go down to Jakarta, it is 400+!!! And the people there are really really nice and willing to learn to improve their lives. They are also extremely grateful people. When I ran my last students preview, I had so many past graduates who travelled over an hours journey to just come down and do a live testimonial on the program. I am truly touched!

Another really big reason for the great success in Indonesia, is because I have a wonderful team of partners and staff. I thought I was someone who was really hardworking and focused until I met Susanna (who is one of my biz partners there). She is so super focused that she types away on a laptop and answers calls even as she is getting her hair done. Gosh! I am usually reading ‘Her World’ when I am at the Saloon.

Another one of my partners, Alien (Yup! that’s the spelling. No typo) is a really nice lady who has got boundless energy organizing events for over 40,000+ people back to back. This is why I really believe that how successful you are in business all boils down to the team that you have behind you! Anyway, here is a picture of my Adam Khoo Learning Technologies Team in Indonesia.

Hi Guys,

Check out my recent article on the Sunday Times. Although I am really flattered that the journalist put my picture and writeup as the biggest, I wonder why on earth I am the only one with a crazy looking face. I hope I did not appear to look too constipated!

Well, I guess it was only a matter of time. My first book, ‘I Am Gifted, So Are You!’ (that I wrote in 1998) has been traslated and pirated in China. Well, to be honest, I am not really upset. I guess in one way it is pretty flattering that people thousands of miles away are bothering to translate my book and selling it. I guess it shows that it is recognized by a worldwide audience.

Anyways, my main purpose of writing the book was not really to make money from the book sales. The main reason for the book was to boost my brand awareness and credibility so I could make the real money through running courses, seminars and learning centres. So in a way, these pirates are helping me to break into the China market by doing my marketing for me!

There are so many of my students who have told me that they have feared to write books and sell them on the Internet or in countries where intellectual property is not enforced. ‘What if they copy my book?’ ‘What if they pirate it?’ They are so afraid of losing out (typical kiasu Singaporean) that they never dare to enter the market by putting their stuff on the Internet. I think these people are MISSING OUT ON THE BIG PICTURE!

Have you ever wondered why a company like Microsoft bothered to go into China, if they knew that their software will be pirated like crazy? Well, I guess it is because they saw the BIG PICTURE. Although they will lose millions of dollars in licensing fees, BUT they know that piracy will allow them to monopolize the whole market and spread the brand very quickly. The licensing fees they earn from the government and legitimate business will already amount to billions in sales revenue.

Anyway, I just got a better idea. I thought of getting a copy of my pirated chinee book. And since all the translation has been done, just simply copy it and sell it myself through my websites and my own company in China. So, why not pirate the pirates?

I must admit that I was expecting the US market to be down all the way to end October, only to make back its losses from the May-June sell off from the FED’s interest rate hikes from November onwards. Which is why I have been holding back putting in more money into US equities.

Afterall, September has historically been the worst month for stocks since 1956 in percentage terms! October and August are not too close behind as the down months of the indices. (most major market crashes/depressions in history have all occured in October i.e. 1929, 1987, 1997, 1978, 1979 and 1989).

In fact, From 1945 to 2006 the returns from being invested in the S&P 500 stocks came to an annualized 7.1% November to April. For May to October, the return is just 1.5%. (without dividends re-invested). The reason is because the summer months beginning in June lead to very low trading volumes in the US and this is coupled with the fact that most mutual fund managers tend to sell their losing stocks in order to minimize takes by uses the losses to square off the gains made in the last fiscal year. Since the mutual fund fiscal year ends on Oct 31st, this wave of selling traditionally leads to the markets being solf down to a bottom and then picking up only from November onwards.

However, because of the unexpected drop in oil prices from $75+ a barrel to $63+, the markets have been rallying to a 4 month high, wiping out all the losses sustained in May-June this year.

So, are we seeing a different trend this year? Or is this the calm before a later storm that will see the market crash in October? I am indeed keeping a very close watch. There are three reasons why I fear that may be another steep correction before the S&P500 starts to climb again. The first is that the US housing bubble has burst and more and more people are unable to finance their loans. The second is the very rare occurance of stagflation (which last appeared in the 1970s) where the US economy is showing signs of slowing down amidst rising inflation. The third reason is that the recent rally has not been supported by strong volume and also the fact that leading stocks (as screened on www.investors.com) has not been surging ahead as much as the broader market.

Usually, when leading stocks do not charge forward together with the overall market, the rally is usually unsustainable. So, while I am not selling my portfolio of vakue stocks, I am also not jumping in with more money until after the scray October season is over!

Many people have always posted this question to me. ‘Do you feel that luck played apart in your success?’ ‘Are some people just luckier than others?” Does it take good luck to succeed?’

Well, I believe that there are two kinds of luck, ‘gambling luck’ and ‘business luck’. I have noticed that there are some people who are just born with ‘gambling luck’. These are the guys who are the ones who keeping striking the 4D (like my father in law) and who keep winning whenever they gamble. I for one, have got no gambling luck at all. Everytime I play Chor Tie Tee (I don’t know what is the correct spelling), I keep losing. Everytime I gamble at the casio for fun (Jackpot or Craps), I ALWAYS end up losing. However, I noticed that there are some of my friends who just keep winning at cards. So, I must admit that some people are just born with this DUMB LUCK. In fact, when I was in the army and out on missions, I would always gamble with my sergeants (I was a Platoon commander) Chor Tie Tee. Everytime, I would always lose. Some of my sergeants would win sometimes and lose sometimes. But there was this particular sergeant who kept winning for every single mission we went to. I

n my Ad agency, I used to employ a production manager who kept winning 4D (he won 7 times in 3 years) and even won a car in a lucky draw. But you know what? None, of these guys are rich or successful. So don’t envy them. In fact, these DUMB LUCK people tend to spend whatever they have as soon as they enjoy their windfall and end up broke again.

Although I have no ‘Gambler’s luck’, I have another kind of luck that i must say has been responsible for me making my millions. It is what I call ‘Business Luck’. The best part of it is that business luck is not something the heavens bestow upon you…it is something that you can MAKE YOURSELF. I find that the harder you work on what you are passionate about, the better business luck you have. Gambling luck requires no hard work. Business luck requires lots of hard work for it to surface.

So what is ‘Business Luck’? Business luck is the OFFSPRING generated when OPPORTUNITY meets PREPARATION. In other words, BUSINESS LUCK = OPPORTUNITY + PREPARATION. So, to have business luck, you must have lots of opportunities and be prepared to take advantage of those opportunities.

Now, many people complain that they have no LOBANG! That is hokkien slang meaning they have no opportunities. You know why? It is because they don’t take any action. They don’t go out and network. They don’t read latest news. They don’t track trends in the market. They don’t listen and keep a lookout. I believe that oportunities to make money are there EVERY SINGLE DAY! It is only when you take massive action do they appear to you. But, let me tell you a secret! Opportunities never look like opportunities. Opportunities ALWAYS come disguised as PROBLEMS!!! Those who have the millionaire mindset see opportunities, while the average person only sees the problems.

For example, many people said that I was very lucky because I had the OPPORTUNITY to buy Osim Stock at $0.85 and AIG stock at $50 early last year. But, everybody in the world had the same opportunity as me. The only thing was that they saw the low price as a problem (SG market was down and AIG was investigated for accounting irregularities). I saw it as an opportunity. People say that I had the opportunity to start a motivational program for kids and write the book ‘I Am Gifted, So Are You!’ But, everyone also had the same opportunity to create a product to serve the lucrative educational market. It is just that people see ‘lazy kids who cannot study’ as a problem. I saw it as an opportunity where I could create great value and at the same time, make alot of money from it.

The bottom line is that you have to look for opportunities in problems. In fact, whenever something looks like an opportunity, it is often just a SCAM. I am sure you have received emails from Nigeria where this son of a Sultan Abibaboo claims to have US$250m and they need your help to get the money out of the country and they will pay you 10%! If something is too good to be true, it ALWAYS IS.

But being able to see the opportunity is NOT GOOD ENOUGH. You must, be PREPARED to take advanrtage of the opportunity in order to generate LUCK! For example, I was able to take advantage of Osim and AIG’s low price because I had the financial training to know what their true intrinsic value was (Osim’s true value was $1.80 ands AIG’s true value was $80). True enough, when market sntiment improved (it always does eventually), the prices moved towards its intrinsic value, allowing me to sell and make a nice profit. When I saw the opportunity that there were many parents who did not know how to help their achieivng kids, I was able to capitalize on the opportunity because of my knowldge and training in accelerated learning and NLP.

So, my advice is to constantly build your knowledge base and skill set. Learn about how to invest, learn about business etc… So when the next opportunity comes, you are prepared to pounce on it and make your luck happen!

It’ s been about 2 weeks since my last entry. I know it is an excuse but the last two weeks have been really packed back to back. But hey, I am not complaining. I am certainly having the time of my life.

I just completed the Patterns of Excellence Module One training. It was truly a great experience watching how over 112 people managed to break their perceived barriers and learn the strategies of how to take charge of their life and find the renewed passion to go for their dreams! I think what was really special about this particular group was that many of the participants had such powerful personal stories to share that what they said was probably even more powerful that what I shared. We had so many cases of participants who had experienced multiple business failures and personal bankruptcies and yet found the courage to bounce back and rebuild their lives. We had some young participants who had lost their loved ones and found the strength to use their painful experience as a springboard to find their driving force again. When many of the participants heard what some of their peers had to share, it really put their own lives in perspectives. I must also say that after every life transformational program like this, I learn as much from my students as they learn from it. I too, am always re-transformed and re-inspired whenever I finish a course like the patterns of excellence. I would really like to say a heart felt thanks to all of you who came and gave your heat and soul!

I have also been so blessed to receive so many wonderful testimonials from people who have made such fantastic progress from reading my latest book ‘Secrets of Self Made Millionaires’. I just thought I would post his email here.

<< Dear Mr Khoo

I admit. I was an extremely skeptical person in life and never trusted any self-improvement or “get-rich” books. But after I read your “Secrets Of Self-Made Millionaire” book, it really changed my entire attitude and I realized that throughout my entire life, I have been living like a VICTIM — using “skepticism” as an excuse to cover up for my “laziness-to-do-anything”

WOW! After I applied the Internet Moneymaking Principles you shared, I made a tidy profit of $500 from 2 main internet marketing streams namely; eBook Sales and Adsense publishing.

regards
John>>

Thanks for the email John, it really means alot. For those of you who are wondering if I have any upcoming books in the pipeline, the answer is…definitely so! In fact, I am working on the following upcoming titles, ‘ Secrets of Millionaire Investors’, ‘Secrets of Building Million Dollar Businesses’, ‘Secrets of Super Students’…so look out for it.

I am also really pleased to report that Wealth Academy 2006 (Oct 5-8) is ALMOST SOLD OUT. There are only a couple of seats left so if you always wanted to not only learn the theories, but to experience first hand how to build multiple streams of income and build a million-dollar networth, then come down for one of our last few previews. You can register a free seat at www.akltg.com

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