Categories: Personal Finance

Start With Why

I recently finished reading the book, “Start with Why,” by Simon Sinek, and I loved it. I saw his TED talk a couple months ago and couldn’t think of a better book to read in preparation for starting something (this blog).

“Starting with why” means focusing on why you do things instead of how you do those things or what it is you are doing.


To inspire people to write their own stories of financial freedom

Measuring Success

One thing the book talks about is how in business money and profit always becomes the big measurable, but that usually doesn’t correlate with the companies WHY. Simon Sinek believes that companies should have a way to measure their success in following their why instead. One great example he gives is of a collection agency, Bridgeport Financial, whose WHY is “that everyone has a story and everyone deserves to be listened to.” This is way different than the normal collection agencies that are nasty on the phone to get people to pay their debt. In order to measure this why and be accountable to it, bonuses were not given based on the amount of money that was collected, but on how many thank you cards call agents sent out. What was the result? Bridgeport Financial collected 300% more than the industry average.

My measuring Blocks

The amount of handwritten thank you cards I receive in the mail. There is nothing better than a hand written thank you card. It means so much more than a quick email. I want to truly inspire people to write their own stories of freedom and can’t think of a better way to measure this by than by how appreciative people are.

The amount of handwritten thank you cards I send to others. I desire to be helped by others on my story as well. I also want people to use The Value Geek as a medium to share their own stories in order to inspire people to write their stories of financial freedom. I can’t think of a better way to thank people for sharing their stories than with a handwritten thank you card.

The amount of comments I receive on The Value Geek. I do not want to use Google analytics traffic numbers to be my guide on my success. The number of visitors won’t tell me if I’m meeting my WHY. There is only meaning if just one person interacts with the content and it truly inspires them to write a better story for their life.

The Grand Finale

Here is a paraphrase from the book. Imagine a customer or reader asking me why they should choose me.

What makes me better than other bloggers?

I’m not better than them in all cases

Why should you care about what I have to say?

Because the work I’m doing now is better than the work I was doing six months ago. And the work I’ll be doing six months from now will be better than the work I was doing today. Because I wake up every day with a sense of WHY I do what I do. I do what I do to inspire people to write their own stories of financial freedom.

Am I better than my competition?

If you believe that the things I do can help you, then yes. If you don’t believe what I believe and you don’t believe the things I can do (with the help of others) will help you, then I’m not better. My goal is to find people who believe what I believe and work together so that we can all succeed.

I hope you enjoyed this post. If you have a story you would like to share please leave a comment and I’ll be sure to contact you.

Categories: Personal Finance

How I managed to extricate myself from financial doom

Start with a quote the inspired you on you financial story or just life.

An investment in knowledge pays the best interest.” – Benjamin Franklin

When it comes to investing or even any other walk of life , there can’t possibly be any substitute to knowledge. Fact remains that knowledge is indispensable in any walk of life and this is something I completely and absolutely believe in and I’ve seen it coming true even in case of my finances. This gives me all the more reason to believe that whatever financial mistakes I have committed in the past are mainly because of my lack of knowledge.

Tell me about yourself and give an overview of your financial story

I’m an entrepreneur running a small confectionery business. When I decided to pave my way in the confectionery world, there was not much I thought about apart from getting some capital and get going. But slowly it became rather scary for me to deal with money and why not given the fact that I’ve been responsible for some truly reckless financial behavior. Had too much fun and was positively irresponsible with my finances. I had lost my previous job due to the economically trying times and my financial resources were soon depleting. It seemed as though I’d soon be hanging on to the cliff of bankruptcy

When I’d start typing my login information to check bank account details it’d literally be a moment of eerie chill. This would be almost a moment when my pulse used to quicken and the hair on the back of my neck would stand up simply out of apprehension about whether it’ll be time for fight or flight. It was only much later that I came to the conclusion that in case of finances at least, it’s far better to choose to fight.
What was the biggest struggle and how did you overcome that?

What was the biggest struggle in your story and how did you overcome that?

The biggest struggle of my life ensued when I knew I had to do something substantial for the sake of leading a normal life. At that point of time I didn’t really know what to do and how exactly to deal with such a crisis. It’s not something that I had any clue about and neither did I know how I could deal with it.

Tell me why you really did the things you did? What was driving you?

Now, what sustained me through this tough situation was the motivation of my life that knowledge could be the best possible investment when it comes to gaining the best knowledge about finances and all possible things related to it. “An investment in knowledge pays the best interest” acted as a motivation and hence I researched and found out all I could regarding debt payoff plus how I could start anew and give my finances a healthy enough start. I started taking baby steps and slowly picking up the pieces of my sorry financial situation. I began by paying off my debts, took out loans, paid them off as best as possible and gave my credit the necessary boost so that ultimately I’d be eligible for a small business loan. It took a lot of time, but I held on.

It wasn’t easy definitely, but there was a certain bit of effort I had to put in. To keep myself from totally falling apart it was rather difficult. It seemed that just like my finances were going to pieces, so would I. Honestly, I could finally get my business where it is today and I’m more than happy about it.

If you could go back in time and write your story again, what things would you do differently in your first week.

Honestly, if I had to go back in time and do things again, then the first thing I’d do differently this time around includes not spending like there’s no tomorrow. It really doesn’t make sense and it’s more like a vicious spending cycle wherein I got sucked into and couldn’t stop myself from resisting. However, this is precisely where I made the biggest mistake. The next thing I should’ve done is conduct the necessary research and gathered knowledge beforehand instead of waiting to be on the brink of financial extinction. Anyway, ultimately I scraped through but I’d ask you to not sit on your problem, instead take the necessary action as soon as possible.

The Value Geek 2019