Friday, November 21, 2008

Retirement or Bust?

Baby after whole ovary transplant






A 39-year old woman has become the first to give birth following a whole ovary transplant. Susanne Butscher received an intact ovary from her fertile twin sister last year, during a landmark operation carried out by Dr Sherman Silber of the Infertility Centre of St Louis, Missouri US. Mrs Butscher became infertile after her ovaries failed at the age of 15. To date, eight
women have given birth subsequent to receiving small sections of ovarian tissue. Yet this - the ninth case - has been lauded as a pioneering achievement in infertility treatment.
The birth of baby Maja last week should be celebrated, according to Dr Silber, during what he has labelled an 'infertility epidemic' that in the UK alone is affecting upwards of 100,000 women. Although a complicated procedure (the operation involves the reattachment of arteries one third of a millimetre in diameter), the transplant renews the ability to conceive
naturally. It also restores hormone levels to those necessary for driving the menstrual cycle. Such hormones, like oestrogen and progesterone, also protect against osteoporosis.
Nonetheless, the majority of women affected by an early menopause are unlikely to have a fertile twin sister capable of donating an ovary. This would be necessary in order to avoid donor-rejection of foreign tissue, and to circumvent the need for immuno-suppressive drugs. But Dr Silber claims that, from a social perspective, it will be an attractive option for women
wishing to extend fertility into their forties and fifties, perhaps to favour a career. However the British Fertility Society (BFS) is opposed to what it calls an 'unethical application' of the operation, suggesting current methods, like egg storage, are less problematic. Laurence Shaw, consultant in reproductive medicine at the London Bridge Fertility Centre, London, and spokesperson for the BFS, said: 'I would have thought that the long-term freeze-storing of an ovary would cause as much harm as the deterioration due to age itself'.
The BFS instead endorses a more practical application of the operation. Women that face invasive cancer therapies like radiotherapy and chemotherapy (both of which reduce fertility) could have an ovary frozen pending an improvement in their condition. In such cases, ovary storage could be more suitable than egg extraction, as egg follicles must first be matured through a lengthy hormone treatment, causing unwanted delays to chemotherapy.

Thursday, November 20, 2008

The First Male Pregnancy


A Blog Posted by Singapore 's Youngest Millionaire



Some of you may already know that I travel around the region pretty frequently, having to visit and conduct seminars at my offices in Malaysia,Indonesia, Thailand and Suzhou (China). I am in the airport almost every other week so I get to bump into many people who have attended my seminars or have read my books.

Recently, someone came up to me on a plane to KL and looked rather shocked. He asked, 'How come a millionaire like you is travelling economy?' My reply was, 'That's why I am a millionaire.' He still looked pretty confused. This again confirms that greatest lie ever told about wealth (which I wrote about in my latest book 'Secrets of Self Made Millionaires'). Many people have been brainwashed to think that millionaires have to wear Gucci, Hugo Boss, Rolex, and sit on first class in air travel. This is why so many people never become rich because the moment that earn more money, they think that it is only natural that they spend more, putting them back to square one.

The truth is that most self-made millionaires are frugal and only spend on what is necessary and of value. That is why they are able to accumulate and multiply their wealth so much faster. Over the last 7 years, I have saved about 80% of my income while today I save only about 60% (because I have my wife, mother in law, 2 maids, 2 kids, etc. to support). Still, it is way above most people who save 10% of their income (if they are lucky). I refuse to buy a first class ticket or to buy a $300 shirt because I think that it is a complete waste of money. However, I happily pay $1,300 to send my 2-year old daughter to Julia Gabriel Speech and Drama without thinking twice.

When I joined the YEO (Young Entrepreneur's Organization) a few years back (YEO is an exclusive club open to those who are under 40 and make over $1m a year in their own business) I discovered that those who were self-made thought like me. Many of them with net worths well over $5m, travelledeconomy class and some even drove Toyota's and Nissans (not Audis, Mercs, BMWs).

I noticed that it was only those who never had to work hard to build their own wealth (there were also a few ministers' and tycoons' sons in the club) who spent like there was no tomorrow. Somehow, when you did not have to build everything from scratch, you do not really value money. This is precisely the reason why a family's wealth (no matter how much) rarely lasts past the third generation. Thank God my rich dad (oh no! I sound like Kiyosaki) foresaw this terrible possibility and refused to give me a cent to start my business.

Then some people ask me, 'What is the point in making so much money if you don't enjoy it?' The thing is that I don't really find happiness in buying branded clothes, jewellery or sitting first class. Even if buying something makes me happy it is only for a while, it does not last. Material happiness never lasts, it just give you a quick fix. After a while you feel lousy again and have to buy the next thing which you think will make you happy. I always think that if you need material things to make you happy, then you live a pretty sad and unfulfilled life.

Instead, what make ME happy is when I see my children laughing and playing and learning so fast. What makes me happy is when I see by companies and trainers reaching more and more people every year in so many more countries. What makes me really happy is when I read all the emails about how my books and seminars have touched and inspired someone's life. What makes me really happy is reading all your wonderful posts about how this BLOG is inspiring you. This happiness makes me feel really good for a long time, much much more than what a Rolex would do for me.

I think the point I want to put across is that happiness must come from doing your life's work (be in teaching, building homes, designing, trading, winning tournaments etc.) and the money that comes is only a by-product. If you hate what you are doing and rely on the money you earn to make you happy by buying stuff, then I think that you are living a life that is meaningless.