Wealth-Creation Plan

by Patrick Liew on August 16, 2019

Wealth-Creation Plan

In 1993, my partner and I, two simple village boys, had a dream.

We dreamed of changing the world.

It was a simple plan.

We wanted to change the world through facilitating delivery of world-class education.

In a nutshell, we wanted to bring the best gurus, experts and trainers to transfer their knowledge and expertise to our people.

In doing so, we aimed to touch lives, bless families, enhance communities, and improve societies.

Many of our well-intentioned friends told us that it was a wishful dream. It would never come to pass.

We would fail badly. We would die running the business.

We are grateful and thankful to both our supporters and naysayers. They inspire us to be hungry and desperate.

They made us turn every stone and drive us to keep improving, growing and getting better results.

They motivate us to press on and made what seems like an impossible dream come true.

Today, part of our group of companies is listed on the Australian Securities Exchange (ASX).

We are arguably the largest personal development seminar organiser in the world.

If there is one more life to touch, one more family to bless, one more organisation to improve, one more community to change … we will be there.

Our participants come from every continent, except the Arctic and the Antarctic.

After training participants from more than 61 countries, we are still going strong.

The dream continues …

My friend, keep your dream alive.

Live out your dream every single moment of your life.

Dreams can come true. Fight on!

What is success?

It is the deliberate accomplishment of worthwhile goals over a specified time frame.

Success, therefore, begins with goals and goals define success.

Successful people are driven by goals and they take massive and ever-improving action to achieve them.

Goal setting compels them to go further and faster in life. It helps them to focus and channel all their resources in the right direction.

Goal setting is a key to managing a successful life. It’s a logical and fulfilling approach to purposeful living.

Step 1: Define Your 5Cs Goals

Goal setting begins with the choice of worthy goals. Goals that help you serve a high calling and for a worthwhile cause.

The following are the 5Cs of worthy goals:

1. Goals must be concise

A goal that is concise and well-defined is already half achieved. With clarity, you will have a greater sense of strength, control, and direction.

2. Goals should be clear

Do not, for example, say you wish to make a lot of money. State specifically how much money you plan to earn.

It should be in a written format. This is in line with an oriental proverb which says “The palest ink is better than the best memory.’

Preferably, you should be able to carry it in your wallet so that you can review it regularly.

Your goals must be expressed in terms of measurable results.

In that way, you can monitor your progress and improve accordingly.

3. Goals should be challenging

Douglas Edwards, a pioneer in sales training commented, “If you don’t believe you can achieve the goal, you won’t pay the full price for it.”

Besides being achievable, goals should be inspirational and motivational. It should challenge you, stretch your mind, and bring out the best in you.

Goal setting will become a meaningless exercise if you cannot give it your total commitment.

It will not drive you to take action if you are not passionate about it and you don’t have faith that your goals will come to pass.

4. Goals should be controllable

Achievement of your goals depends on the intensity of desire to turn it into a reality and your desire depends on how easy it is to recall your goals.

You should make it a point to remember your goals and strategies to achieve it at all times even if you do not refer to the written plan.

In addition, you should be able to map out the goals onto a schedule.

There must be a specific time frame for achieving the appropriate activities, key performance indicators (KPIs), and sub-goals.

5. Goal-setting should be continuous

Goal setting is not a one-time affair. It goes through an iterative process of correcting and changing itself for the better.

It should be constantly updated to stay relevant, effective, and beneficial to you and others around you.

Step 2: Develop Sub-Goals

The Chinese have a saying, “The journey of a thousand miles begins with a single step.”

And if we may add to this saying: “… and then one more step… and then one more step… until you achieve your goal.”

By developing sub-goals, it will also help you monitor your progress and ensure you are moving in the right direction.

Step 3: Determine Compelling Purpose

To achieve success, you must have compelling reasons to do it.

If you do not know the ‘why’ you wish to achieve your goals, you will never find out the ‘how’ to achieve them.

Your purpose will drive your performance and pursuits. Your compelling purpose must be vital, passionate, and sustainable.

These qualities will cause you to jump out of bed every morning to work hard and smart to achieve your goals.

Step 4: Prepare Yourself

Barriers. To succeed, you need to know why you may fail. You need to know what will prevent you from achieving your goals and take every possible action to overcome them.

Your barriers may be related to people, things, yourself, situation, or even something intangible like a bad experience in the past.

Likewise, you may have fear of failure or bad habits such as procrastination, etc.

Price. Success comes with a price.

You must make sacrifices, discipline yourself, and persevere through the long, narrow and winding path towards success.

When you persist, the price will become an enjoyable part of a satisfying and fulfilling life.

In the future, you will either look back and relish the joy of relentless pursuit or agonize over the pain of endless regret.

Take actions now, such as give up eating unhealthy food; stop negative activities; end toxic relationships, etc.

Step 5: Craft Strategies

You need to constantly ask yourself, “How can I achieve my goals?”

Explore all options by answering questions that begin with why, what, where, who, when, and how.

You have to evaluate the resources that you have, such as your time, money, and energy, and then decide how best to deploy them to achieve your goals.

Decide what you have to do every single day to achieve your goals.

In addition, determine how you can leverage on systems, technologies, tools, and other resources to achieve more and better results.

You should not only take the right actions but you should take them correctly.

Help your team mates duplicate and improve on your success to achieve even better results.

You need to set appropriate Key Performance Indicators (KPIs) to chart your progress, take corrective actions, and improve yourself.

For instance, setting targets on how much weight you wish to lose in your dieting program and monitoring it in the process.

You must take every action to learn and improve your attitude, knowledge, and competency.

You need to make time to role play, practise your skills, and obtain 360-degree feedback from different and appropriate parties.

Step 6: Motivate Yourself

A lot of goals live and die shortly after they have been set.

For goals to be achieved, it must be driven by a growing desire and this desire must be kept alive and burning.

Goals must become a vital, integral and desired part of your life.

Goals must be constantly visualized using all five senses.

The clearer you see, hear, smell, taste, and feel how joyful and rewarding it is to achieve your goals, the faster they will be achieved.

Use aids, such as pictures, photographs, and words placed in strategic locations, to remind you of your goals.

You can also record what it means to achieve your goals and play it back to yourself so as to stay motivated.

Request positive people to help you stay motivated in achieving your goals.

Avoid ‘energy vampires’ who will suck your energy, distract you, and keep you away from achieving your goals.

Adopt successful people as your mentors. Like they say, “You cannot fly with eagles if you mix with turkeys.”

Interact with these top performers, learn from them, and model after their positive actions.

Communicate your goals daily through SMS messages, emails, and telephone calls to people who will be able to give you positive encouragements, feedback, and other valuable assessment.

Surround yourself with a team of goal-driven professionals whom you can synergize with and leverage on to achieve better results.

You should also reward yourself when you reach your goal.

Success breeds success. It will spur you on to do more for your life.

Step 7: Take Actions

After you have planned the actions to reach your goals, you must act.

You must muster the courage; commit yourself totally; remove all fears, uncertainties, and doubts; and plan, strategize, and take massive actions to turn your goals into a reality.

In my company, we call this process, ‘Go4It!’

You must take the first step and then be prepared to take the next better step.

Do not be side-tracked until you have completed your action plan.

James Russell Lowell, a famous poet, once wrote, ‘all the beautiful sentiments in the world weigh less than a single lovely action.’

Remember, if you keep doing the same thing, you will always get the same results.

Therefore, you must apply constant and never-ending improvements.

Successful people always do things ordinary people do not do and do not do things ordinary people do.


The future does not have to be an unchangeable reality.
It can be a controllable possibility.

Don’t be a passive consumer of the future.
Be an active contributor to its development.

The future is where you will be.
It starts from now.

Set your goals now. Make it an integral part of your life.


I hope this message will find a place in your heart.

By the way, I have also recorded other reflections.

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Life is FUNtastic!


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