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TOOLS FOR WEALTH CREATIONThanks to CA Raviji : Anand branch of WIRC of ICAI CA Day 1st July,2015Congratulation to all

E-mail id: nitinmpathak@yahoocomM: 9825804094Visit blog canitinmpathakblogspotin

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DEFINITION OF WEALTHWealth not only includes money but

also fulfilling relationship, vitality, feeling of abundance, peace and joy with no reason

I am very careful in presenting my views, looking to the stature of intellectuality of CA community who itself

All CA is catalyst in wealth creation for their patronage

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WHAT IS THE MEANING OF TOOLS ? Set Goal: Journal: Today: After one year: Use tools TOOLS IS LIKE KIT OF CAR BREAK DOWN TRAVEL TOOL KIT- TOOTH BRUSH, ETC TOOLS ARE CAMPASS USED WHILE IN SCHOOL HANDY BAG ETC AT THE END OF THE PRESENTATION A LIST OF TOOL IS

GIVEN RECAP RECAP OF TOOLS WHAT IS UNDERSTOOD LEAVE THE PRESENTATION YOU CAN INTRUPT OR ASK ME A QUESTION TO

FORWARD THE CLASS OR CLARITY

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HOW TO USE THE TOOLS ? THE TOOLS GIVEN HERE USE IT MECHANICALLY USE IT AS A HABIT BUILD IT IN CONCIOUS AND SUBCOMCIOUS MIND THIS ARE SUMMARY OF MY EXPIRIENCE IN THE END JO JITA VOHI SIKANDER TOOL WROKS , ITS FINE JAI HO

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CREATION V/S MANIFESTATIONIn the creation you plan meticulously and

work on to finish ? - MindIn manifestation you declare what do you

want ? –Heart-DivineYou declare an intentionYou remain committedYou create a space for others to work for itYou define what do you wantIn the end in creation you become victim

what you could not achieveIn the manifestation , you are playfulBattle V/s War

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DISCLAIMERMy views are my personal perception, they

are neither right or wrong, but use it appropriately as a concept, if find valuable

Stop judging me & comparing with other listening in your mind or relating with someone

Just be in the momentWhen I attend the seminar I try to

understand the concept of a speaker from the context of which he is speaking, neither I accept or keep it on hold but rarely reject

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SONG FROM PYASA: SHAHIL LUDIANWI Lyricist : Saahir Ludhiyanv Singer : Mohammad Rafi Music Director : Sachindev Burman Movie : Pyaasa (1957)  Guru Dutt

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ये� महलों�, ये� तख्त�, ये� तजों� की दुनि�ये ये� इं�सा� की� दुश्म� सामजों� की दुनि�ये ये� दौ�लोंत की� भू�खे� रवाजों� की दुनि�ये ये� दुनि�ये अगर मिमलों भू� जोंये� त क्ये ह"

हर एकी जिजोंस्म घायेलों, हर एकी रूह प्येसा� नि�गह म) उलोंझ�, दिदौलों� म) उदौसा� ये� दुनि�ये ह" ये आलोंम-ए-बदौहवासा� ये� दुनि�ये अगर मिमलों भू� जोंये� त क्ये ह"

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जोंह/ एकी खिखेलों�� ह", इं�सा� की हस्त� ये� बस्त� ह" म1दौ2 परस्त� की बस्त� येह/ पर त जों�वा� सा� म�त सास्त� ये� दुनि�ये अगर मिमलों भू� जोंये� त क्ये ह"

जोंवा�� भूटकीत� ह" बदौकीर ब� कीर जोंवा� जिजोंस्म साजोंत� ह5 बजोंर ब�कीर येह/ प्येर ह त ह" व्यो पर ब�कीर ये� दुनि�ये अगर मिमलों भू� जोंये� त क्ये ह"

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ये� दुनि�ये जोंह/ आदौम� की1 छ �ह8 ह" वाफ़ा की1 छ �ह8, दौ स्त� की1 छ �ह8 ह" येह/ प्येर की कीद्र ह� की1 छ �ह8 ह" ये� दुनि�ये अगर मिमलों भू� जोंये� त क्ये ह"

जोंलों दौ इंसा�, फूँ�/ की डालों ये� दुनि�ये म�र� साम�� सा� हट लों ये� दुनि�ये त1म्हर� ह" त1म ह� सा�भूलों ये� दुनि�ये ये� दुनि�ये अगर मिमलों भू� जोंये� त क्ये ह"

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ATTITUDE: CHALLENGES :TOOLS OF ACCEPTANCE:Positive V/s NegativeRight V/s WrongTrue V/s FalseGood V/s BadChallenges:a. Laws/Compliance/Services/Managing the nodal agencies-

Deliverablesb. : Client/Patronagec. Staff/Outsource consultants/Suppliersd. Infrastructurese. Yourself/Partners: Sharpen the tools/Body/Workf. Relationship

Acceptance: Tools of acceptanceAnswer: All is wellTool with breath in/out

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CONCEPT OF OWNERSHIPSharing of an incident two persons joining

the armyWhen you own the things, person,

situation and circumstancesNow you are owing for outcome You do not get anything by luckYou give your word, Keep your word..Your

word is a law of universe..

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ACTION: AS AN ATHLETE / OWNERSHIP MOHAMMED ALI Action increases the possibility of the success “I am the champion, I am the greatest” Punching the bag all the time and not watching TV,

eating popcorn, drinking coke The thinking is a working as a multi-vitamin is a

supplement and not substitute of hard-work You need skill and will But when he was knocked down it is will that is more

important One more time

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ANNA HAZARE

One man army surrounded by some good or not so committed people but people understand his commitment as compared to politicians

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PHILIPS THE EXAMPLE OF ROPE WALK Tight rope walker at Niagara Falls You think I can do it? Do you believe I can do it? You can be used as Pole There are missing action among the people People believe, but they are not ready to stand for

their belief . Its an ongoing commitment. Whether this story is true or not but there is a truth in

the same You need many around you to be who are committed

with you

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SHARING OF GLARING EXAMPLE OF SUCCESS Michael Phelps won eight gold medal in Olympics in

2008 in Beijing Thirty-Six years record Do you know before two years his hands was fractured

and he was not allowed to enter the water What he did, he continued to practice for his legs

In butterfly event he won by 1/100th second because of his practice for his legs

In all odds, you have to perform and work

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COMMITMENT OF AN ATHLETE An athlete who has to work for fifteen years for fifteen

second performance In 1976, Mark Spitz won seven gold medal in Munich When during the interview he was told that you are

lucky he said the following story: I practiced from Mexico to Munich I practiced ten thousand hours You just think of sitting in swimming pool

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STAND FOR YOUR CHOICE: MAKE CONCIOUS CHOICE You can have a choice of your decision, but you do not

have a control over result of your decision “Hum sab faisla lene tak azaad he, faisla lene ke baad,

faisla hum pe haawi ho jaata he, aur hamari azaadi khatam ho jaati he”

Eg You can choose to misbehave, but you have no control how other person acts on it.

Now follows daily tips for action. This will support you in wealth creation

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RIGHT SERVICE/PRICE NO LUMP SUM PAYMENT Do Plan. Daily/Monthly/Yearly. To do list. From yourself and for others Implement planning Do not worry about failing in

planning Make a journal ? Have a notepad SOP in office/Checklist Work program . Work done sheet

Posers/questions/documenting Read. Implement. Review . Organise Allot ABC/80 %/20 % Rule Focus on fees/deliverable of service quality and quantity Yearly meeting with client/inform what you have done

for him. Work done..Fees..Highlights where required

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RIGHT SERVICE/PRICE NO LUMP SUM PAYMENT Focus on collection. Send a person to collect, if required

send bank details to deposit directly I ask my client “ What do you want” ? Profit and Brand image is ultimate Pay more than what you get it This will allow you to excel in life Differentiate between relationship/Business ? Use others expertise. Pay them. Enroll others in

business for deliverables.

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BEING/FEELING DESERVED First is Deserving . It means total honor & dignity of our self When I talk to my client I do have in

back of my mind that to pass this exam is not easy .To reach at this stage it Requires –

-2+10+2+3(Graduate) +CA + All training +All CPE

Doctor, MBBS, MD, and SUPER SPECIALIST Thus I have to fit in myself somewhere in this category

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WHAT DO YOU MEAN BY CLUTTER ?(OXFORD DICTIONARY) To fill a place with too many things, so that it is untidy Don't clutter the page with too many diagrams I don't want all these files cluttering up my desk ( figurative ) Try not to clutter your head with trivia There's always so much clutter on your desk! There was a clutter of bottles and tubes on the shelf © Oxford University Press, 2010

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SIMPLE MEANING OF CLUTTER ? Things not arranged Things you do not need it Things not liked/loved Not needed things in near future Too many things Needed things not at a proper place Cozy relationship Too many, unwarranted, not lovable, unwanted Just to

look good Out of proportion Too many thoughts Too many options

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CLUTTER

But many of us struggle with the accumulation of clutter

Clutter with: Mind, Body, Health, Office, Relationship, Residence, Social image,

Living in a clutter does have a big role in your wealth creation

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LIST OF THE CLUTTER

Drawer in your office as well as residence

Table full of filesStaff with no clarity what to doNo MIS MIS with lots of unneeded information

Piling of pending Bill for paymentPiling of pending Bill for collection

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LIST OF THE CLUTTER

Piling of pending Bill not raisedPiling of pending legal cases be it income

tax ,etcUnread magazines lying with important

booksUnread books lying with important booksUnread E-Mail which are not important

pending deletionUnread Physical Mail not importantUnanswered Notice of clients

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LIST OF THE CLUTTER

An office with non remunerative clients

Pending number of decision in the area of office works

Specify as relationship areaHandbag full of unused thingsToo many products (not profitable)Too many Services (not profitable)

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LIST OF THE CLUTTER

Time consuming client not generating value

Unnecessary telephone callsTV programs addicted to see (too much)

Everyday task which you choose not to do

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LIST OF THE CLUTTER

Social or work commitment that no longer lift your spirits

Out of date gadgetThings not useful in your pocket Things not useful in your Handbag

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LIST OF THE CLUTTER

Things not useful in your carThings not useful in your notice board

Things not useful in your to do list

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LIST OF THE CLUTTER

Time diary which are containing unusefull things

Investment of your which are not in proper order

Investment not giving proper returnToo many LIC/Bank Account/MIS/Portfolio no of shares/

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LIST OF THE CLUTTER

Too many SIPToo much small entry in your bankIn our body: Extra weightPain and illnessFeeling of lazinessIn mind:Not Energetic Confused IndecisiveFeeling low Pride Guilt Shame

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LIST OF THE CLUTTER

Clutter In the House:Beautiful Paintings, Photography, Art work,

Display kept in a gross as unconscious because you don’t like it or you do not love it or you are irritated though it is precious and priceless

Too many relationships that we can not keep up

Bathroom, Dressing table, wardrop full of clothes, too many unnecessary things, too many gods in home temple

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IF CLUTTER IS REMOVED?

Where to remove the clutter : Mind/Office/Relationship/Residence/Social area etc

Space for something new to happenHappiness, Clarity , Fulfilling relationship,

Supportive people , Vital body Feeling of abundance

Office: creative client, creative and supportive staff, supportive suppliers, targets are achieved with playfulness, less jealous and friction, coach-player approach rather than boss-subordinate approach

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IF CLUTTER IS REMOVED?

Relationship: Would be not to cling, but exploring and giving a space for them to flourish in life

Money: Feeling of abundance, Feeling clients are paying in time, Investment giving good return Appropriate risk are taken

Health: Body is supporting to you in lifeVitality is thereFreedom to use extra when neededMind: Able grasp and gauge the circumstances

appropriately, Rational, Clarity in utter confusion, Take support of appropriate persons and resourcesNot bias towards anyone

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WHY WE ARE HOLDING ON TO

CLUTTER?Fear and greedCertain things/persons are needed by you

Resist changeIf we throw something you need next day, next time, next month or next year, it feels traumatizing

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WHY WE ARE HOLDING ON TO CLUTTER?TimeEmotionOthers in family may not like it

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HOW TO REMOVE CLUTTER?Make a journal :Areas of clutter:Office MindResidenceRelationshipSocial Arena

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HOW TO REMOVE CLUTTER?Decide your goals of life:List out things which are not aligned to your goals

Things you not love/likeThings you are not neededThings you are needed after sometime

Things you are not happy withWatch your thoughts; Jot down: Pride, guilt, jealousy Shame, frustration

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HOW TO REMOVE CLUTTER? Clutter is not a one day job Ongoing Journal Classify Sub-classify A-B-C 80 %/20 % Start Continue Perseverance

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HOW TO REMOVE CLUTTER? Love it In the end all is well No where to go nothing to achieve Awareness In the moment pick anything and you will be able to do

it Sharing of whole room was in a mess One man does it

and other can not do it

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WHAT IS MORPHIC FIELD? This is a concept developed by Robert Sheldrake.

According to him there are morphic field within and around in morphic unit which organize its characteristics, structure and pattern of activity

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WHAT IS MORPHIC FIELD?So here we as a proprietor, partner, and director, consultant for a company or working in a company is a morphic unit We are having morphic field

This morphic field has its acts and thoughts

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WHAT IS THE MEANING OF IMPECCABLE?

FaultlessFlawlessPerfectUnimpeachableImmaculateSpotlessUnsullied

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HOW ONE CAN MAKE ONCE MORPHIC FIELD IMPECCABLE?By keeping absolute tidiness, absolute cleanliness, less clutter, absolute order

The way you keep your pencil .The way you wear the dress. The way you talk to your client and etc.

All this rejuvenate a morphic field

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HOW ONE CAN MAKE ONCE MORPHIC FIELD IMPECCABLE?This morphic field can be made impeccable.

When you work on your morphic field it is going to reinforce and ultimately process of what you do and what you are is more important.

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HOW DO YOU KNOW MF HAS BECOME IMPECCABLE?The result is a by-product and it confirms in the process implemented by you

How many new clients are enrolled? What is the percentage of increase in the receipt?

How you feel in the improvement in quality of services you provide?

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HOW DO YOU KNOW MF HAS BECOME IMPECCABLE?

How you are aligned to others? What is your feedback from the client?

This will show that how your morphic field has improved upon not only qualitatively but also shows emphasize

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WORKING ON MFAs you become aware of small things and making it clear the impeccability improves

Only necessary number of working pens are their

Your chair, table, layout is immaculately perfect & tidy

You are well dressed, neat & clean smiling, positively & bubbling with energy

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WORKING ON MFSo is the case with your desktop of your computer, mail box, your hard disk etc should be neat, tidy & clean The unnecessary data may be removed

Your home and your area of work at home should be clutter free We have got morphic field around us

People are attracted by your inner personality

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MORPHIC UNITWe are morphic unit Here I am talking

about impeccable morphic unit How to make our morphic field impeccable? It starts with our own self

Attachment or fear will not allow you to release unnecessary books Clarity comes from small-small things like pencil is sharpened, extra pen which is not needed is not kept These small things had given attention and intention and impeccable morphic field are expanded

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MORPHIC RESONANCE

Now your staff is becoming resonance with you

We have to organize ourselves since morning till end of the day to make ourselves impeccable in what we do and what we are

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MORPHIC RESONANCE

What we do means daily activity by doing time audit

What we are means changing our limiting beliefs and negative emotions and creating a possibility in our life

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PLACEBO EFFECTA substance containing no medication and prescribed or given to reinforce a patient’s expectation to get well.

In medical term; a sugar-pill or any dummy medication or treatment

Thus point to be noted is like this that many a times, when client comes with lot of confusion and anxiety

We need to give them the clarity, if needed the placebo effect

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PLACEBO EFFECTWhen you go to a doctor, doctor knows that you are going to be well and your disease is nothing but a psychosomatic disease .

Still he prescribes the medicine and request you to come next week.

Thus point to be noted is like this that many a times, when client comes with lot of confusion and anxiety We need to give them the clarity, if needed the placebo effect

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SERINITY PRAYER God give me a courage to change the things, which I

can God grant me the serenity to accept the things, which I

cannot change Give me a wisdom to know the difference between

what I can change and what I cannot change Parmatma jo chij main badal sakta hu, use badal ne ki

himmat do” Jo chiz mein nahi badal sakta, usko aapki saugad

samajh ke swikaar kar saku Mujhe sadbuddhi do, ke mein farak samaj saku ki mein

kya chiz badal sakta hu aur kya chiz nahi badal sakta” Pysa Song was Fascist V/s Surrender to a Divine Assignment is not a Ego: Vakil : Clients luck our

commitment

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RECAP OF WHAT IS DELIBERATED ? Definition of wealth Hard Core Victim: Guru Dutt: Pyasa Acceptance tool: All is well Ownership: Military Action: All time great Boxer Mohmmad Ali Skill/Will Anna Hazare-Lone Warrior Phillips- ThinkingV/s Belief Michael Phelps - 2years training in water of legs due to

hand injury

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RECAP OF WHAT IS DELIBERATED ? Mark Spitz – Success does not come by luck only You have a choice upto your action- You never have a

control over your output Plan/Journal/document/Standardise/ABC/ 80:20 Rules CA is quite competitive and value addition for clients What is clutter/Type of

it/Classification/Pay-off/Benefit/How to work on it What is Morphic field ? Impeccability ? Resonance of it ?

How to work on it ? Placebo effect ? Serenity prayer ? When we follow any or some of them..Creation of wealth

is by product ?

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THANKS

Thanks for patience hearing ----- Question Answer if any -----