English for Managers

dr Elżbieta Jendrych

“WEALTH”
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WEALTH
What is wealth?

“A measure of the value of all of the assets of worth owned by a

person, community, company or country.” Investopedia
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TRUE WEALTH
“The definition of wealth is: ‘The number of days you can
survive, without physically working and still maintain your
standard of living. Effortless English

For example: If your monthly expenses are $1000 and if you have
$3000 in savings, your wealth is approximately 3 months or 90
days. Wealth is measured in time, not dollars.

JOB ≠ WEALTH

money you get from this job = WEALTH

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$20 000 per month

Money that I hold in my hands, this is my wealth,

but my job is NOT my wealth.

How to be a true wealthy?

“Rich Dad, Poor Dad” wealth
by Robert Kiyosaki

My Poor Dad Said My Rich Dad Said

"I work for my money." "My money works for me."

BUSINESS = WEALTH

Best way become a rich -> make business

because
wealth generate wealth
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If most of people wanna be rich,

so why they don’t make a business?

KNOWLEDGE
show you how…

Is the process
It is a…
that…
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NO MONEY
I know that you have a remarkable idea on $100’000 how to
open a great restaurant, but don’t start this business if you
don’t have this money. It’s incredibly hard make business
profitable when you already have $100’000 in debt. Start
from something small.
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NO MONEY
$1000 dollars for starting a small business,
is it money, that you can find?
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FEAR

Over 90% of new businesses fail within 5 years

“Nobody make a big money, without losses.”

1981
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FEAR

I didn't fail. I just found 2,000 ways not to make a lightbulb;

I only needed to find one way to make it work.

Thomas Edison
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PLAY IN SAFE

law

“Be the best one in 1-2 things (one branch)

and people come to you.

If you will be just the good one in some branches,

you will not have a chance to succeed”
Robert Kiyosaki
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problem with my credit,

bank want to take my house

law

50/50
I’m just a normal lawyer,
I can’t promise that we win
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->
<-

law

If you wanna be a lawyer,

just concentrate on this,
and become a great lawyer.
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FEAR
For being an entrepreneur

You have to take a risk

You have to take a responsibility

 Steve Ballmer
wealth

14 years post of CEO of Microsoft.

Wish you luck!
Currently he is a millionaire.

DON’T HAVE
Passion is the ability to get excited about something. Irrepressibility
and tenacity is about the ability to stay with it. If you take a look at all
of the companies that have been started in our business (Computer
software & Internet). Most of them fall. If you even a look at the

PASSION,
companies that have succeeded, Microsoft, Apple, Google, Facebook,
you name it, all of these companies went through times of hardship.
You get some success. You run into some walls. You try a formula for a
new idea, a new innovation, it doesn’t work. And it’s how tenacious

HAVE TENACITY!
you are. How irrepressible, how ultimate optimistic and tenacious
you are about it that will determine your success.
irrepressible – niepohamowany ← Vocabulary
(EN) tenacity – wytrwałość (PL)
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THANKS FOR YOUR ATTENTION!

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Bibliography
1. Robert Kiyosaki, Rich Dad, Poor Dad, Warner Books Ed, April 1, 2000.
2. Hoge A. J. (San Francisco, California, United States), Effortless English, 2006-2008.
3. Forbes, Billionaires' Advice For New College Grads -
http://www.forbes.com/pictures/eimh45ehjl/steve-ballmer-dont-have-passion-
have-tenacity/ - 05.06.14.
4. Definition of wealth, Investopedia -
http://www.investopedia.com/terms/w/wealth.asp - 05.06.14
5. Apple Inc., wikipedia - http://en.wikipedia.org/wiki/Apple_Inc. - 05.06.14.