Norman Vincent Peale’s Top 10 Positive Pearls of Wisdom

Focus on today.

“Don’t take tomorrow to bed with you.” - Norman Vincent Peale

Focus on today by building “a habit of spending more time in the present and less time in imagined future scenarios or old memories.” You would probably be in shock if you were ever to take stock of how much time you spend daily daydreaming, fretting over things you can’t change and thinking about tomorrow. We all do it, the key is to be conscious of when you are doing it so that you can stop it and return back to the present. You may also “…do this through things like focusing on your breathing or on your inner body.”

Don’t go too fast.

“To go fast, row slowly.” - Norman Vincent Peale

This is such an Achilles heel especially for young men who want to conquer the world. They go at a million miles an hour trying to out achieve their compatriots. “It’s tempting to go fast…you may be tempted to grab on to the next big idea, the next “magic pill”, instead of steadily keep going on your current path. To actually get where you want to go a slower pace may be more useful and effective than a hurried and quick pace.”

While on the surface it seems counter intuitive to go slower if you want to progress faster, there is a ring of truth to the time old fable of the rabbit and the hare. We know that those who keep a constant state of progress done within their limits often achieve greater success and sustain it for longer periods of time than those who burst out of the blocks sprinting only to run out of juice before ever reaching the finish line.

Learn not only from your mistakes.

“We’ve all heard that we have to learn from our mistakes, but I think it’s more important to learn from successes. If you learn only from your mistakes, you are inclined to learn only errors.” - Norman Vincent Peale

“Our mistakes are interesting because they can often teach us something valuable if we just take a closer look at what happened. But, of course, the successes are really useful to analyze too…It is here we can find perhaps a crucial detail or something that we did that we missed the other 10 times we tried.” Success goes to those who are willing to pause and reflect on the successes and failures that have gotten them there. It is only through careful and meticulous reflection on one’s progress that you find what is working and what isn’t. To repeat what doesn’t work over and over again is just an exercise in mediocrity.

The Story of The Pencil - By Paulo Coelho

The story is excerpted from the book written by Paulo Coelho “Like The Flowing River”.

A boy was watching his grandmother write a letter. At one point, he asked:

‘Are you writing a story about what we’ve done? Is it a story about me?’

His grandmother stopped writing her letter and said to her grandson:

‘I am writing about you, actually, but more important than the words is the pencil I’m using. I hope you will be like this pencil when you grow up.’

Intrigued, the boy looked at the pencil. It didn’t seem very special.

‘But it’s just like any other pencil I’ve ever seen!’

‘That depends on how you look at things. It has five qualities which, if you manage to hang on to them, will make you a person who is always at peace with the world.’

‘First quality: you are capable of great things, but you must never forget that there is a hand guiding your steps. We call that hand God, and He always guides us according to His will.’

‘Second quality: now and then, I have to stop writing and use a sharpener. That makes the pencil suffer a little, but afterwards, he’s much sharper. So you, too, must learn to bear certain pains and sorrows, because they will make you a better person.’

‘Third quality: the pencil always allows us to use an eraser to rub out any mistakes. This means that correcting something we did is not necessarily a bad thing; it helps to keep us on the road to justice’

‘Fourth quality: what really matters in a pencil is not its wooden exterior, but the graphite inside. So always pay attention to what is happening inside you.’

‘Finally, the pencils fifth quality: it always leaves a mark. In just the same way, you should know that everything you do in life will leave a mark, so try to be conscious of that in your every action.’

8 Money Secrets From Warren Buffett

1. Rich Is A State Of Mind

“I always knew I was going to be rich. I don’t think I ever doubted it for a minute.” - Warren Buffett
The difference between being poor and being rich is really just a state of mind. Poor people think thoughts of poverty and lack, rich people think thoughts of abundance and prosperity. Your beliefs are going to determine the way you perceive wealth, the decisions you make and the way you act towards it.

2. Success Is More Than About Your Bank Balance

When asked by CNBC what is the secret to success, Buffett replied “If people get to my age and they have the people love them that they want to have love them, they’re successful. It doesn’t make any difference if they’ve got a thousand dollars in the bank or a billion dollars in the bank… Success is really doing what you love and doing it well. It’s as simple as that. I’ve never met anyone doing that who doesn’t feel like a success. And I’ve met plenty of people who have not achieved that and whose lives are miserable.”

3. Spend Less Than You Earn

“Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.” -Warren Buffett

It seems like common sense advice and you’ve no doubt heard financial experts preaching about it for years. You can’t possibly get ahead financially if you’re spending more than your paycheck. Buffett is famous for living a simple and frugal lifestyle. He is the only billionaire I know that still lives in the same house he bought back in 1958 for $31,500. He drove a 2001 Lincoln Town Car for years which he bought second hand. Buffett has a net worth in excess of $52 billion and yet lives off an annual salary of $100,000. The relative percentage of his spending based on his overall net worth is minuscule.

4. Avoid Consumer Debt

The sooner we realize that consumerism is a social plague that has been propagated by billion dollar marketing machines to keep you shackled to your job, the sooner we can stop spending money on useless stuff. It is a fool’s game to spend today so that you can work tomorrow to pay it off. It is a losing proposition because one day your working days are going to be over but the debt is still going to be hanging over your head. Clever marketing has convinced our society that to be happy you have to have more, be more and do more. Buffett abhors consumer debt instead choosing to use debt wisely by leveraging it in investments. To help you deal with your debt consider reading “How To Get Yourself Out Of Debt“.


5. You Are Who You Associate With

“It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.” -Warren Buffett

If you want to succeed financially you need to associate with people who are most conducive to encouraging and cheering on your financial journey. If the people you associate with see money as evil, object to capitalism and find wealth a foreign concept then your financial health and well being is going to be influenced by their views. Whether we like it or not we are all influenced to some extent by the people we spend our primary time with. If you aspire to achieve financial security then you need to find a mastermind of people in your life whom you can all encourage and help each other.

6. Gambling Is A Fools Game

“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.” - Warren Buffett

While we are young and naive we choose to take risks with our money that are dumb and stupid. Trying to hit a home run with your money every time is a losing proposition with long term consequences. To chase investments that offer a high rate of return you must also assume that it also comes with a higher rate of risk. Bill Gates once quipped “Warren’s and my betting has always been confined to $1 bets” when talking about them paying poker together. If two billionaires take risk management this seriously, it’s time we average punters did the same thing.

7. Give Back To The Community

“Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.” - Warren Buffett

They say that to have more you need to give more. A contradiction in terms, maybe, but it’s a simple truth that is as enduring as time. As the bible says “It is more blessed to give than to receive -Acts 20:35”. Buffett has announced in 2006 that he was giving away over $30 billion to the Bill and Melinda Gates Foundation making it at the time of writing the largest charitable donation in history. He also contributes large sums to his children’s charitable foundations.

8. Generosity and Abundance Goes Hand In Hand

“Even though Ben Graham [Buffett's mentor] had everything he needed in life, he still wanted to give something back by teaching, So just as we got it from somebody else, we don’t want it to stop with us. We want to pass it along too.” - Warren Buffett

A famous bible quote goes: “What benefit will it be to you if you gain the whole world but lose your own soul?” - Mark 8:36. The path to wealth isn’t a solo endeavor. How sad would life be if you come to the end of your life and there is no one to share it with. So as you journey on your path to financial abundance remember that there will be many people who generously helped you on your journey so it is only fitting to pay it forward when the opportunity arises. Generosity with your time, with your money, with your resources are great virtues to have. The greatest ally to building a strong friendship is to help others achieve what they want from life.

I leave you with this last quote “You only have to do a very few things right in your life so long as you don’t do too many things wrong.” - Warren Buffett

8 Money Secrets From Warren Buffett

The Cloud and The Sand Dune

The Cloud and The Sand Dune
(From Paulo Coelho's "Like A Flowing River")


“As everyone knows, the life of a cloud is very busy and very short” writes Bruno Ferrero..

And here’s a related story.

A young cloud was born in the midst of a great storm over the
Mediterranean Sea, but he did not even have time to grow up there, for a strong wind pushed all the clouds towards Africa.

As soon as the clouds reached the continent the climate changed. A
bright sun was shining in the sky and stretched out beneath them, lay the golden sands of the Sahara. Since it almost never rains in the desert, the wind continued pushing the clouds towards the forests in the south.

Meanwhile, as happens with young humans too, the young cloud decided to leave his parents and his older friends in order to discover the world.

‘What are you doing’ cried the wind. ‘The desert’s the same all over.

Rejoin the other clouds, and we’ll go to Central Africa where there are amazing mountains and trees!’

But the young cloud, natural rebel, refused to obey, and, gradually, he dropped down until he found a gentle, generous breeze that allowed him to hover over the golden sands. After much toing and froing, he noticed that one of the dunes was smiling at him.

He saw that the dune was also young, newly formed by the wind that had just passed over. He fell in love with her golden hair right there and then.

‘Good morning’, he said. ‘what’s life like down there?’

‘I have the company of the other dunes, of the sun and the wind, and of the caravans that occasionally pass through here. Sometimes it’s really hot,but it’s still bearable. What’s life like up there?’

‘We have the sun and the wind too, but the good thing is that I can travel across the sky and see more things.’

‘For me,’ said the dune, ‘life is short. When the wind returns from the forests, I will disappear.’

‘And does that make you sad?’

‘It makes me feel that I have no purpose in life.’

‘I feel the same. As soon as another wind comes along, I’ll go south and be transformed into rain but that is my destiny.’

The dune hesitated for a moment, then said: ‘did you know that here in the desert, we call the rain paradise?’

‘I had no idea that I could ever be that important,’ said the cloud proudly.

‘I’ve heard other older dunes tell stories about the rain. They say that, after the rain, we are all covered with grass and flowers. But I’ll never experience that, because in the desert it rains so rarely.’

It was the cloud’s turn to hesitate now. Then he smiled broadly and said:’if you like, I could rain on you now. I know I’ve only just got here, but I love you, and I’d like to stay here forever.’

‘When I first saw you up in the sky, I fell in love with you too’ said the dune.

‘ But if you transform your lovely white hair into rain, you will die.’

‘Love never dies’, said the cloud ‘it is transformed, and, besides, I want to show you what paradise is like.’


And he began to caress the dune with little drops of rain so that they could stay together for longer, until a rainbow appeared. The following day, the little dune was covered in flowers. Other clouds that passed over, heading for Africa thought that it must be part of the forest they were looking for and scattered more rain. Twenty years later, the dune had been transformed into an oasis that refreshed travellers with the shade of its trees.

And all because, one day, a cloud fell in love, and was not afraid to give his life for that love.

Genghis Khan and His Falcon

One morning, the Mongol warrior, Genghis Khan, and his court went out hunting. His companions carried bows and arrows, but Genghis Khan carried on his arm his favourite falcon, which was better and surer than any arrow, because it could fly into the skies and see everything that a human beiong could not.

However, despite the group’s enthusiastic efforts, they found nothing. Disappointed, Genghis Khan returned to the encampment and in order not to take out his frustration on his companions, he left the rest of the party and rode on alone. They had stayed in the forest for longer than expected, and Khan was desperately tired and thirsty. In the summer heat, all the streams had dried up, and he could find nothing to drink. Then, to his amazement, he saw a thread of water flowing from a rock just in front of him.

He removed the falcon from his arm, and took out the silver cup which he always carried with him. It was very slow to fill and, just as he was about to raise it to his lips, the falcon flew up, plucked the cup from his hands, and dashed it to the ground.

Genghis Khan was furious, but then the falcon was his favourite, and perhaps it, too, was thirsty. He picked up the cup, cleaned off the dirt, and filled it again. When the cup was only half-empty this time, the falcon again attacked it, spilling the water.

Genghis Khan adored his bird, but he knew that he could not, under any circumstances, allow such disrespect; someone might be watching this scene from afar and, later on, would tell his warriors that the great conqueror was incapable of taming a mere bird.

This time, he drew his sword, picked up the cup and refilled it, keeping one eye on the stream and the other on the falcon. As soon as he had enough water in the cup and was ready to drink, the falcon again took flight and flew towards him. Khan, with one thrust, pierced the bird’s breast.

The thread of water, however, had dried up; but Khan determined how to find something to drink, climbed the rock in search of the spring. To his surprise, there really was a pool of water and, in the middle of it, dead, lay one of the most poisonous snakes in the region. If he had drunk the water, he, too, would have died.

Khan returned to camp with the dead falcon in his arms. He ordered a gold figurine of the bird to be made and on one of the wings, he had engraved:

“Even when a friend does something you do not like, he continues to be your friend.”

And on the other wing, he had these words engraved:

“Any action committed in anger is an action doomed to failure.”

Be like the flowing river

Be like the flowing river,

Silent in the night.

Be not afraid of the dark.

If there are stars in the sky,reflect them back.

If there are clouds in the sky,

Remember,clouds,like the river,are water.

So,gladly reflect them too,

In your own tranquil depths

---------Manuel Bandeira