“When you go digging for an ounce of gold, you have to move tons of dirt to get an ounce of gold. But when you go digging, you don’t go looking for the dirt, you go looking for the gold.”
Our life is like a wheel with six spokes.
- Our loved ones are the reason to live and make a living.
- Represents our career and the things that money can buy.
- Our health, without which nothing makes sense.
- Represents knowledge and wisdom.
- Every individual and organization has social responsibility without which society starts dying.
- Our value system represents ethics and character.
If any of these spokes is out of line, our life goes out of balance. Take a few minutes and just think. If you had any one of the six missing, what would life be like?
In 1923, eight of the wealthiest people in the world met. Their combined wealth, it is estimated, exceeded the wealth of the government of the United States at that time. These men certainly knew how to make a living and accumulate wealth. But let’s examine what happened to them 25 years later.
- President of the largest steel company, Charles Schwab, lived on borrowed capital for five years before he died bankrupt.
- President of the largest gas company, Howard Hubson, went insane.
- One of the greatest commodity traders, Arthur Cutton, died insolvent.
- President of the New York Stock Exchange, Richard Whitney, was sent to jail.
- A member of the President’s Cabinet, Albert Fall, was pardoned from jail to go home and die in peace.
- The greatest “bear” on Wall Street, Jessie Livermore, committed suicide.
- President of the world’s greatest monopoly, Ivar Krueger, committed suicide.
- President of the Bank of International Settlement, Leon Fraser, committed suicide.
What they forgot was how to make a life! It is stories like this that give the readers the false impression that money is the root of all evil. That is not true. Money provides food for the hungry, medicine for the sick, clothes for the needy. Money is only a medium of exchange.
We therefore need two kinds of education. One that teaches us how to make a living and one that teaches us how to live. There are people who are so engrossed in their professional life that they neglect their family, health and social responsibilities. If asked why they do this they would reply that they were doing it for their family.