Connect with us


Finance: How to meet the right people for success

Legacy Phuket Gazette



PHUKET: They say you can determine a man’s income simply by taking the average of the four or five people with whom he spends the most time. I am not sure how scientific the study was that has produced this timeless piece of advice, but the general concept is easy to validate if you look closely at the people you know. Success in life is not only a function of absorbing the mindsets of those around you, but opportunities are often determined by those with whom you surround yourself.

It’s common sense that if you have friends who are successful stock traders, they may be able to teach you some basics, or keep you from going too far off track. They may even give you a tip from time to time, although tips can be very dangerous if you don’t have a clear risk control strategy. If you have friends who are real estate investors, they may offer you opportunities to co-invest with them on larger projects, or simply to split up a larger plot so that everyone gets a better deal. Studies have often found that most people find their employment from ‘fuzzy connections’, who are not close friends, but the people they know.

So, if it is so important in life to have friends who are successful, how exactly do you go about becoming friends with these kinds of people? Obviously, the wrong way to do it is to become fake and shallow and judge people by the car they drive and the clothes they wear. Some of the most successful people I know look and play the part of the beach bum, but if you get to know them, the reality is far different. Going to networking functions, handing out business cards to everyone, and trying to sell something to everyone you meet within the first five minutes is another wrong way to go about it.

The saying ‘people who are nice to you, but not nice to waiters, are not nice people’ is one I love. You want to find people with real character.

When I was in business school, we had a networking expert talk to us about how to build a network to find jobs. His advice is not what most people would expect. Rather than look at new people you meet in terms of what they can possibly do for you, always look for ways you can help anyone with whom you come into contact. This is often easiest done by being genuinely interested in people, asking questions, and letting others talk about themselves. People love to talk about themselves, and most people are simply waiting for their turn. Let people talk and you will often find a way of helping them.

Usually it is simply connecting two people who you know, who then mutually benefit from knowing each other. Once you get in the habit of doing this, it becomes natural, and it is a great reward to introduce people and see them hit it off and become friends, or business partners.

So how does all this helping other people impact your own financial future? The trick is that the 80/20 rule applies in every aspect of life. 80 per cent of the nice things you do for people will have no effect on your future, other than giving you the satisfaction of knowing deep down inside you are the kind of person who goes out of his way to help people. However, over a long period of time, those ‘lucky breaks’ that come, are often from those ‘fuzzy connections’ I mentioned earlier.

The more you help others and come across as a nice, genuine, helpful person, the more people will be willing to go out of their way to help you, often without you ever having asked. This is not a tit for tat kind of thing, it is simply human nature. Surround yourself with good people and good things will happen in your future.

David Mayes MBA resides in Phuket and provides wealth management services to expatriates around the globe, focusing on UK pension transfers. He can be reached at or 085-335 8573. Faramond UK is regulated by the FCA and provides advice on pensions and taxation.

— David Mayes


Get more from The Thaiger

📱 Download our app on Android or iOS
👋 Have your say on our Thailand forums
🔔 Subscribe to our daily email newsletter
📺 Subscribe / Join YouTube for daily shows
👍 Like/Follow us on Facebook
🐦 FOLLOW us on Twitter
📷 FOLLOW us on Instagram


Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Archiving articles from the Phuket Gazette circa 1998 - 2017. View the Phuket Gazette online archive and Digital Gazette PDF Prints.

Follow Thaiger by email:

Thailand44 seconds ago

GMT | New record infections, Pattaya ‘Move On’, drones or fireworks? | July 29

Coronavirus Vaccines14 mins ago

US government to donate 2.5 million vaccine doses to Thailand

Best of15 mins ago

Top 5 cafes in Pattaya

Welcome back to Thailand!

Thaiger is getting behind local businesses for the restart of tourism in Thailand - up to 50% discounts across all advertising packages!

Media38 mins ago

Media outlets call on Thai government to lift restrictions on freedom of expression

Koh Samui1 hour ago

Surge in new Covid infections on Koh Samui

Coronavirus (Covid-19)1 hour ago

Private clinics in Bangkok enlisted to help with home isolation Covid patients

Join the conversation on the Thaiger Talk forums today!
Coronavirus (Covid-19)2 hours ago

PM hosts online meeting with governors of dark red provinces over Covid crisis

Coronavirus (Covid-19)2 hours ago

Thursday Covid Update: Record high of 17,669 cases and 165 deaths

Coronavirus (Covid-19)8 hours ago

Phetchabun sugar factory closes with Covid-19 cluster

Coronavirus (Covid-19)10 hours ago

Police investigate hackers selling stolen vaccine appointments

Chon Buri12 hours ago

Driver blames GPS for durian truck wedged under overpass

Coronavirus (Covid-19)14 hours ago

Despite low riders, Covid-19 train to continue

Pattaya15 hours ago

Planning for “Pattaya Move On” reopening scheme continues

Best of16 hours ago

Top 5 cookie shops in Bangkok

Drugs17 hours ago

Marine police seize 30 kilograms of methamphetmine from squid fishing boat

Thailand5 months ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism5 months ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket5 months ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism5 months ago

Phuket Thai food treats you need to try | VIDEO

Thailand5 months ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism5 months ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand6 months ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand6 months ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand6 months ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand6 months ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand7 months ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand7 months ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand7 months ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand7 months ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Thailand7 months ago

Thailand News Today | Southern floods, Face mask fines, Thai Air Asia woes | January 8