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The American University in Cairo

RHET(201-27) Spring 2012

Mr.Michael Gibson

Done by: AmgadMamdouhNaguib

900082202


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Table of contents

• I search paper final draft • Work cited page • Annotated bibliography • I search paper third draft • I search paper second draft • I search paper first draft • Journal entries • Annotated bibliography draft1 • Annotated bibliography draft2 • presentation slides • Reflection on URECA conference • Conferences


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I organized my portfolio as I put my I search paper final draft at the beginning followed by the other drafts and then my journal entries proceeding to the annotated bibliography for my sources and the work cited page. I organized this way in order for the reader to find the information he need from the paper at the very beginning and then he can read through the other drafts to track how it was at the beginning and how it was developed. Then he finds my free writings about the process all over the semester and at the end he/she can find the sources annotated to see how I analyzed every one of them. The best thing I found in this course was that the students choose the topics their selves as they have the freedom to choose any topic they like in order to be interesting to them and they are not locked with a topic they don’t like or not interested in. this was very useful for me. I started thinking about the topic and I have chosen the topic to be something interesting to me in order to benefit from the research I have made about it. Also the selection of the topic have helped me to have the feel of curiosity to know more and more about it and to spend a lot of time reading articles and watching videos about my topic without being board or feeling that I am just making an assignment only to be graded but I was enjoying the process. I managed to get a good number of useful sources that helped me finding the answer to my research question as well as it helped me knowing a lot of techniques how people make money and manage it by both legal and illegal ways. About writing an I search paper I think it is a very useful way of learning about research writing techniques and how we can get the information we need from various sources as my professor helped me a lot as he dedicated to classes for helping us finding sources including books, movies, and photos. Those two classes I found them


Amgad4 very useful even though I did not use books in my paper but I have already learned how to find what I need quickly in the library. Also the conference time was sufficient to show the professor my work and have his comments written in order to enhance my work and to know if or not I am on the right track. The few deadlines was a problem as I felt that I have much time to do my work so I was lazy somehow at the beginning thinking that I have much time but I realized at a certain time that I have to work more searching for sources and journaling my daily work for that reason I suggested that in the next semesters he makes more deadlines for the journal entries like every weak students have to submit their Journal entries as it may be easier to the professor to follow up with his students their weekly progress. Note: The highlighted parts of the document are any thing that needs some revision And the notes in red was for me in order to remember what should I do in some parts


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AmgadNaguib Rhet 201-27 Instructor M Gibson I-search paper final draft 25/03/2012 Making Money Intro: In our first class with Mr. Michael Gibson we were asked to write freely about a topic of our interest that we really feel we want to know more about. I chose “Money Making” because it really is interesting;to know more about how people really accumulate money. Wondering about a specific criteria or tip to make one wealth, I ask myself, “What should I think about to be a successful business man? What should my life style look like and which type of people should I be dealing with?” Then I started to research rich people around the world like Bill Gates and the Egyptian tycoon NaguibSaweeris, as I ventured to know more about their life style, mentality and how they worked on collecting their money. What were their feelings and ideas when they were in their first steps of their life when they were just founding their corporations and companies? How did they manage to develop their companies to be global?


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The Story of my Research: On February 15th, I realized that I was late in my research so I started to work harder. On that day, I found some sources, which I didn’t read because of a laziness issue but I decided to go home and read my sources to know how I would make use of it in my I-search paper. I obtained six sources which were (“Money”, “Power and Law-Twisting”, “What is Power of Money?”,“Carlos Slim Helú Biography”,“Basic Human Needs”,“Microsoft Monopoly”,“Think Rich”, and “Grow Rich” ). I found those sources through the Internet when I was searching for topics related to money and how people gain it. Some of those are about monopolies in Egypt such as the famous Ahmed Ezz steel manufacturer’s monopoly and the other is about whether Microsoft monopolizes in operating systems production or not. Other sources are rankings of the richest People around the world, which have helped me, focus more about who to research in particular. What are they doing with their money other than just investing it and how they feel; Are they really happy or not? Three days later, on February 18th I started reading my six sources and wrote an annotated bibliography for each one of them. I was trying to know how I will use these several sources in my I-search paper as they analyze how people make money and why they need it and also how people think money is important for their main needs. I also asked myself whether these were tools or purposes. I then started searching for more sources. I found from the first three sources that Ahmed Ezz, Slim Carlos, and Bill Gates gained money from monopolies but actually Ahmed Ezz’scase of monopoly differs from the other two in the sense that maintained a relatively higher degree of corruption via illegally misusing connections with the ruling party in Egypt. On the other hand, the monopoly maintained by the Microsoft legend Bill Gates was a cleaner one as he managed to make high profits via business means and I started


Amgad7 asking myself, “Does this mean that it is easier and more effective to gain money illegally?” I do not think so; there are surely other legal ways to accumulate wealth. I found two useful books, one on the Internet and the other I could access through the AUC library. I also found a blog, which seems to be a fight between people arguing about the first book, which was “How Rich People Think”. I didn’t feel the blog was useful, as it doesn’t contain any useful information that helps finding an answer to my research question. I asked a friend of mine what money meant for her? And she replied power. I asked, “Then is it a tool or a purpose?” She said that it may be a purpose at the beginning and after people gain it becomes a tool for a better life. In that same day, I also started thinking about my research question, which was. How can people gain wealth? And I constructed other specific questions that follow this question:why do people need money? Is there more than one way to follow in order to make money? Is it something to be consumed or better off owned and stored? What do super rich people feel? Does a person affecting his/her social and psychological life own large amounts of money? On March the 14th; our instructor Mr. Mike decided that the class time would be used in the library for searching on our topics. I started searching using Google books and I found a very good book talking about how people grow rich. It has a lot of tips, information and examples of rich people who began from scratch. Another source that I accessed through the AUC library focused on the gap between rich and poor people,


Amgad8 which causes a lot of social and economic problems. However, it was all about statistics and numbers, which I didn’t feel would help. I found a source that has a lot of quotes for rich and famous people about money and it was really funny and I think a lot of them are true such as: “Money couldn't buy you friends but you got a better class of enemy.”(Spike Milligan) The next day when I went home, I found my father watching a talk show program (“El Qahera el Youm”) translated as ‘Cairo Today’, which is a well-known Egyptian talk show with a prominent host.This daily program presents some pictures shared on Facebook, one of them that depicted Warner Buffet, the American rich man, who owns 44 billion dollars and some of his quotations focused on how people make money and grow rich.These can be considered as tips for people who want to have a fortune. Two days later I searched Google for Warren Buffet and I found a source that was titled “Ten Ways to Get Rich: Warren Buffet’s Secrets that Can Work for You. In this article, I found 10 tips to use in order to grow rich. I also found ten tips for an investor to make profits and maintain success in any field he works in. I found those tips the most helpful for any young man to follow in order to succeed in his objectives, not only in moneymaking but also in life. That’s why I think it is relevant to my I-search paper. I read and analyzed the tips given by Buffet as I finished reading this article on March 23rd.


Amgad9 What I Found Out: So far I have found a lot of information about the richest people around the world, as previously mentioned, such as,Carlos slim, Ahmed Ezz, Warren Buffet,Bill Gates, and how each one got his money, how much fortune they have, how they really interpret the money making process and the use of it, especially Warren Buffet, who wrote a book on how people can make money. This book creates the ideal answer for my research question. When I read the article about Carlos Slim I deduced that he is very smart. I could see he really knows where and when exactly to purchase investments that bring him his money back with the highest profit possible. For example, he purchased investments in the middle of the financial crises, as the prices were really low. Also, he chose to buy a cell phone company, which will always keep gaining profits, as people will never get rid of their daily communication. Carlos is somehow an opportunist; he seized the chance on how the economy was in a bad condition in buying a lot of investments with low prices, doubling his stocks after a few years. He also cares to have good relations with the ruling party in Mexico in order to benefit from them and to be on the safe side as they are already strong politically and can help him solving any problems with authorities or skilled legal personnel. There was no evidence that Carlos made use of those political connections with the ruling party in an illegal way but it seems that it is only a kind of support in legal issues. He had some philanthropy as he founded nonprofit education programs and built a museum in Mexico, which was to maintain the Mexican culture preserved from any harm. I think Carlos is a good example for a successful businessman that people may benefit from, in terms of his history, way of thinking, and how he benefitted from the changing


Amgad10 economic situations. I think people may follow his way of thinking in order to make money legally. On the other hand, I found an example of a rich man who acquired his fortune illegally as stated in an article by El-Werdany about Ahmed Ezz. Ahmed Ezz is the currently imprisoned Egyptian entrepreneur and he is one of the good examples that prove that the dependence of an individual on money is the root of all evil. As a businessman, Ahmed Ezz maintained a monopoly of the steel industry in Egypt using his political connections, as he was a friend of the former president Hosni Mubarak’s son, Gamal Mubarak. He helped him in purchasing a lot of shares in the public El Dekheila steel company. He then became the chairman and he used his authority to use the subsidized raw material of steel in his own private steel company making more profits. He raised the prices of steel accounting for more profit margins arguing that there is already a raise in raw material prices, which was not the case. This case shows how people’s love for money may lead them to do crimes to reach their goals and build up their own fortune from others’ rights. I don't think Ezz was a happy man in his own life because a man doing all this illegal work can have a calm and blessed life without being worried all the time of being accused of his wrongdoings, the main term here being greed. After the revolution when Mubarak step down and no one assisted him, he was easily accused of corrupting the political life in Egypt and wasting public money. I think Ezz is a good example for people who think corruption is the easiest way to be rich as in this example.We can easily conclude how risky it isand how grave the consequences may be when caught. Concerning what I found in the article by Warren Buffet. I found tips, which clarify the answer of my research question; the first tip was to re invest profits gained in other projects. I found this tip to be very important because I was thinking about


Amgad11 making a project after graduation and my main objective is to save money. However, after reading this tip I changed my mind as I am thinking that I have to re-invest the maximum I can from my profits, not just save them, in order to enlarge my projects to be able to make more profits and with each systematic step I can increase the portion I spend from my revenues. The second tip was to be different and never think like others monotonically but try to be different in order to beat competitors. This tip was also useful as whenever I thought about something to work on to get money while I am studying, I start discussing it with friends and most of them tell me that I have to concentrate more in my studies before I begin to embark on any endeavors. I think I have to be different than all students in university and become an entrepreneur by creating a small project that brings me money on the long run. The third tip was not to spend too much time thinking in decisions unnecessarily but to make my mind quickly without too much hesitation. Relating to this tip, when people take a long time in thinking whether to do a business or not, they lose opportunities that they could not reach again in the future because an opportunity usually comes once. I was thinking about making a salad bar in the AUC but I took a lot of time thinking and negotiating with my father until other teams made three salad bars and ended my dream of creating a genuine idea of a salad on campus. The fourth was to decide exactly your deal with others before getting to work in order to ensure your profit and never end up without gaining what you deserve. Tip number five was to check all your expenses and make sure that you are not tricked by people you work with and try to minimize those expenses as much as you can. Those small expenses, when added to each other by time, can be a big sum of money that is wasted for no reason or stolen by others so i think everyone should make sure that he/she is getting benefit from every single sum of money paid and that this money is returned. Tip number six was to limit how much


Amgad12 you borrow to avoid being overwhelmed by debt and his advice was to save money to invest and never borrow. Such an advice can assist in always maintaining liquidity and an acceptable cash flow legally and maintain good relations as a businessman with low debts. Tip number seven was to be persistent and never give up and never stop trying until you reach your goals. Tip number eight was to know exactly when you should quit admitting that the business you are quitting does not suit you and you will never excel in it‌by accepting this simple fact. Tip number nine was to compare the risks to the profit gained from investing in any project and decide to proceed or to quit accordingly. Finally, tip ten is to know what success really means to you. For example, Warren Buffet thinks it is not a matter of how much money you have but how much people love you. That if people love you only because you have a lot of money and they only want to make use of the relationship with you then it is not a partnership that should be cherished or esteemed. But the wise man is the one who knows why people care about him or maintain their relation with him. Reflection In this section of my I-search paper, I would like to evaluate myself and my progress in the process of selecting a topic, searching about it, and extracting new information to help me get an answer to my research question. I chose to search and write about how people make money and accumulate wealth, as this is why I am interested in knowing the techniques and the most profitable investments. The rationale behind choosing this topic is that I want to be a rich man and reach the stage of financial freedom in the future, so I need to get more information on how rich men around the world have acquired their fortune. I started working on the topic and searching for articles that narrate rich people’s biographies. I think I have chosen this topic successfully as I am very interested in it, and when I


Amgad13 was working on my research I never felt as if I am doing a silly assignment only to get a grade but I was seeking knowledge for my own good and for me to know how to be a successful businessman. I think I have got sufficient information about rich people and money making all over the world to be able to get an answer to my research question. One weak point I hadwas that I worked discretely on this research as I used to work only on weekends and not even all of them because in the other days of the week I was busy doing assignments and studying for the other courses I take this semester so I think if I have had good time management skills my progress would have been better. Also I have used some of the sources I got but not all of them as some of them I found really useful but the others are relevant but talking more about money itself and people’s need to it which I think I should have used them for an introduction. One more thing is that I think if I have got more time during the semester I may have talked to my professor more and have more timefor conferencesand peer evaluation as well as going to the writing center. The Last thing is that making surveys and questionnaires to my colleges in university may have added up to my knowledge and to the information I have got as most of the students’ parents in AUC are rich and have experience on how people grow wealthy. Overall I have found during the process a practical answer to my research question, which was how people can make money, and I think I am able now to have examples that I may follow in the future to fulfill my goal, which is growing rich in a legal way.


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Work cited Cagsil. "What Is Power of Money?"Cagsil on HubPages.N.p., n.d. Web. 18 Feb. 2012. <http://cagsil.hubpages.com/hub/misconception-the-unrealistic-power-ofmoney>.ows Carlos Slim HelĂş Biography - Facts, Birthday, Life Story - Biography.com." Famous Biographies & TV Shows - Biography.com.N.p., n.d. Web. 18 Feb. 2012. <http://www.biography.com/people/carlos-slim-hel%C3%BA-38390?page=1>. El-Wardani, Salma. "Money, power and law-twisting: The makings of the real Ezz Empire." Ahram online. N.p., n.d. Web. 11 Feb. 2012. http://english.ahram.org.eg/News/11480.aspx June 1997 -- Basic Human Needs." Institute for Management Excellence Home Page. N.p., n.d. Web. 18 Feb. 2012. <http://www.itstime.com/jun97.htm>. Kuttner, Robert. "The Power of Money." Home | Common Dreams.N.p., n.d. Web. 18 Feb. 2012. <http://www.commondreams.org/views01/0218-09.htm>. Services, offering, upgrades. That way and there can be many Amega players. "Microsoft Monopoly." Welcome to Zaimoni.com. N.p., n.d. Web. 18 Feb. 2012. http://www.zaimoni.com/George/MicrosoftMonopoly.htm Sherrod, Lena. "Think Rich, Grow Rich." Essence (Time Inc.) 35.10 (2005): 96. MasterFILE Premier. Web. 19 Feb. 2012.


Amgad15 Siebold, Steve. "Amazon.com: How Rich People Think (9780975500347): Steve Siebold: Books." Amazon.com: Online Shopping for Electronics, Apparel, Computers, Books, DVDs & more. N.p., n.d. Web. 18 Feb. 2012. <http://www.amazon.com/gp/product/0975500341? ie=UTF8&tag=wwwviolentkicom&linkCode=as2&camp=1789&creative=9325&crea tiveASIN=0975500341>.

valeriebelew. "RICH PEOPLE FEEL PAIN." valeriebelew on HubPages.N.p., n.d. Web. 18 Feb. 2012. <http://valeriebelew.hubpages.com/hub/RICH-PEOPLE-FEEL-PAIN>. Warren, Buffett. "Warren Buffett's 10 Ways To Get Rich." Warren Buffett - The Greatest Investor The World Has Ever Known. N.p., n.d. Web. 25 Apr. 2012. <http://www.warrenbuffett.com/warren-buffett-10-ways-to-get-rich/>.


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Annotated Bibliography Cagsil. "What Is Power of Money?"Cagsil on HubPages.N.p., n.d. Web. 18 Feb. 2012. <http://cagsil.hubpages.com/hub/misconception-the-unrealistic-power-ofmoney>.ows This article shows how money has power and effect on everything anywhere. Also shows how money can be used in good ways to achieve good goals on the society basis or even the personal one, and when money can be really the root of evil. And it says that money is a tool not a purpose Carlos Slim HelĂş Biography - Facts, Birthday, Life Story - Biography.com." Famous Biographies & TV Shows - Biography.com.N.p., n.d. Web. 18 Feb. 2012. <http://www.biography.com/people/carlos-slim-hel%C3%BA-38390?page=1>. This article is the biography of the wealthiest man in the world. Carlos slim is ranked the first wealthiest man in the world he is a Mexican man from a Christian Lebanon family. Carlos was an engineer who started investing in Mexico after the economic crash of 1982 which was the main reason why he is ranked the wealthiest in the world now. He also managed to monopolize the communication programs in Mexico as he was the owner of Telemex the biggest telephone company in Mexico. This is useful for my I search as it gives an example how people can earn money or make wealth more information on Slim carols about his psychological life how he feels while he is the wealthiest man in the world. El-Wardani, Salma. "Money, power and law-twisting: The makings of the real Ezz Empire." Ahram online. N.p., n.d. Web. 11 Feb. 2012. http://english.ahram.org.eg/News/11480.aspx This article narrates a real story of the steel production monopoly made by engr. Ahmed Ezz in Egypt and how he used political power illegally to achieve his personal profits on the expense of citizens, the article gives a detailed biography of Ahmed Ezz and how he turned from a middle class citizen who owns a small steel production factory that was about to leave the market because of its losses to the only producer of steel in Egypt and how he ascended the ladder of politics in order to secure his monopolistic empire of steel production by twisting laws and stating it as he wants


Amgad17 from the authority of the Egyptian parliament and the Watany political party and with the help of his friend Gamal Mubarak the son of the former president and others in the Watany party. This can be useful as it narrates a story of a wealthy man who gained his wealth by illegal ways this can show how people may use illegal ways to make money in contrast with other people who makes money with really legal ways and without harming others but helping them. June 1997 -- Basic Human Needs." Institute for Management Excellence Home Page. N.p., n.d. Web. 18 Feb. 2012. <http://www.itstime.com/jun97.htm>. This source states the nine needs of a human being and how people think they have it or do not have it and they are Security, Adventure, Freedom, Exchange, Power, Expansion, Acceptance,Community , Expression. Kuttner, Robert. "The Power of Money." Home | Common Dreams.N.p., n.d. Web. 18 Feb. 2012. <http://www.commondreams.org/views01/0218-09.htm>. In this article Robert is talking to his readers about how money can be effective on manâ&#x20AC;&#x2122;s life. And how money can influence life style Services, offering, upgrades. That way and there can be many Amega players. "Microsoft Monopoly." Welcome to Zaimoni.com. N.p., n.d. Web. 18 Feb. 2012. http://www.zaimoni.com/George/MicrosoftMonopoly.htm This source takes about Microsoft monopoly in operating systems it says briefly that when a man owns the first operating system company it is normal that it is a monopoly until another competitor success to reach its quality and it says also that Bill gates has developed his huge wealth as he was ranked the first on the world from a few years because of this monopoly. Sherrod, Lena. "Think Rich, Grow Rich." Essence (Time Inc.) 35.10 (2005): 96. MasterFILE Premier. Web. 19 Feb. 2012. This article gives people tips how they can grow rich as it says in the title. Lena thinks that if a person decided to program his thoughts towards a goal which is building a fortune he will proceed automatically in the process and will accumulate wealth until he reaches his goals. She suggests also reading some financial books which help people enhance their financial IQ. I think this article gives a brief answer to my (Isearch) question


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Siebold, Steve. "Amazon.com: How Rich People Think (9780975500347): Steve Siebold: Books." Amazon.com: Online Shopping for Electronics, Apparel, Computers, Books, DVDs & more. N.p., n.d. Web. 18 Feb. 2012. <http://www.amazon.com/gp/product/0975500341? ie=UTF8&tag=wwwviolentkicom&linkCode=as2&camp=1789&creative=9325&crea tiveASIN=0975500341>. In this book there is a comparison between rich people and poor people how both thinks about money and how they get it

valeriebelew. "RICH PEOPLE FEEL PAIN." valeriebelew on HubPages.N.p., n.d. Web. 18 Feb. 2012. <http://valeriebelew.hubpages.com/hub/RICH-PEOPLE-FEEL-PAIN>. The author in this article wants to emphasis the point that Money canâ&#x20AC;&#x2122;t solve all problems and he started to give examples for problems cannot be solved using fortune which is like death. He/ she also says that money may make some problems worse like that mayopportunists may fool him with fake love only to get benefit from his wealth. Warren, Buffett. "Warren Buffett's 10 Ways To Get Rich." Warren Buffett - The Greatest Investor The World Has Ever Known. N.p., n.d. Web. 25 Apr. 2012. <http://www.warrenbuffett.com/warren-buffett-10-ways-to-get-rich/>. In this article I found ten tips for an investor to make profits and maintain success in any field he works in. I found those tips the most helpful for any young man to follow in order to succeed in his objectives not only in money making but in his life for this reason I found it relevant to my i-search paper.


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AmgadNaguib Rhet 201-27 Instructor M Gibson 25/03/2012 Money Making Intro: In the first class with Mr. Michael Gibson he asked us to write a free write about a topic of our interest that we really feel we want to know more about. I think that â&#x20AC;&#x153;Money Makingâ&#x20AC;? is really interesting;to know more about how people really collect money. I am wondering about a specific criteria or tips to make wealth. What should I think about to be a good successful business man? How should be my life style and which type of people should I be dealing with? Then I started to search about rich people around the world like Bill Gates and NaguibSaweeris, as I want to know more about their life style, mentality and how they worked on collecting their money. What were their feelings and ideas when they were in their first steps on their life when they were just founding their corporations and companies at the beginning of their life and how they managed to develop their companies to be global?


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The story of my search: In February the 15th I realized that I am late journaling about the process of my research so I started to work harder. On that day, I have found some sources which I didn’t read yet because of my laziness but I decided to go home read my sources to know how I will make use of it in my I-search paper. I have got 6 sources which were (“Money”, “Power and Law-Twisting”, “What is Power of Money?”,“Carlos Slim Helú Biography”,“Basic Human Needs”,“Microsoft Monopoly”,“Think Rich”, “Grow Rich” ). I found those sources through the internet when I was searching for topics related to money and how people gain it. Some of those are about monopolies in Egypt which is the famous Ahmed Ezz steel manufacture monopoly and the other is about Microsoft being a monopoly in operating systems production or not. Other sources are about the ranked richest People all over the world, which have helped me focus more about how they have reached their fortune. What are they doing with their money other than just investing it and how they feel; Are they really happy or not? Three days later on the February 18th I started reading my six sources and writing an annotated bibliography for each one of them. I was trying to know how I will use these several sources in my I-search paper as they are talking about how people make money and why they need it and also how people think money is important for their main needs. Also, is it a tool or a purpose? I started then searching for more sources. I found from the first three sources that Ahmed Ezz, Slim Carlos, and Bill Gates gained money from monopolies but actually Ahmed Ezz”smonopoly differs from the other two because it was maintained using corruption and his connections with the ruling party in Egypt. On the other hand the monopoly maintained by bill gates was aclean one as he managed to make high profits and I


Amgad21 started asking myself does this mean that it is easier and more effective to gain money illegally, but I do not think so as for sure there will be other legal ways to accumulate wealth. I found two useful books one on the internet and the other I could access through the AUC library. I also found a blog which seems to be a fight between some people arguing about the first book which was “How Rich People Think”. I didn’t feel the blog was useful as it doesn’t contain any useful information that helps finding an answer to my research question. I asked a friend of mine what money means for her? And she replied power. I asked then is it a tool or a purpose? She said that it may be a purpose at the beginning and after people gain it becomes a tool for a better life. In that same day I also started thinking about my research question which was. How can people gain wealth? And I made some other questions that follow this question. Why people need money? Is there more than a way to follow in order to make money? Money, is it a tool or a purpose, meaning that is it something to be used or we need it just to have it? What do super rich people feel? Are large amounts of money owned by a person affect his social and psychological life?

March the 14th; on this day Mr. Mike decided that the class time will be used in the library for searching on our topics. I started searching using Google books and I found a very good book talking about how people grow rich it has a lot of tips, information and examples of rich people who began from the scratch. Another source that I have accessed through the AUC library that talks about the gap between rich and poor people which cause a lot of socioeconomically problems. However, it was all about statistics


Amgad22 and numbers which I didn’t feel will help. I found a source that has a lot of quotes for rich and famous people about money and it was really funny and I think a lot of them are true such as: “Money couldn't buy you friends but you got a better class of enemy.”(Spike Milligan) On the next day march the 15th I went home. I found my father watching a talk show program (“El Qahera el Youm”).This daily program presents some pictures shared on Facebook. I saw a picture that shows Warner Buffet, the American rich man, who owns 44 billion dollars and some of his quotations on how people make money and grow rich.These can be considered as tips for people who want to have fortune. Two days later I searched Google for Warren Buffet and I found a source that entitled “ten ways to get rich Warren Buffet’s secrets that can work for you. In this article, I found 10 tips to use in order to grow rich. I also found ten tips for an investor to make profits and maintain success in any field he works in. I found those tips the most helpful for any young man to follow in order to succeed in his objectives, not only in money making but also in his life that’s why I think it is relevant to my Isearch paper. I read and analyzed the tips given by buffet as I finished reading this article on March 23.


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What I found So far I have found a lot of information about the richest people around the world such as,Carlos slim, Ahmed EZZ, Warren Buffet,Bill Gates, and, how each one got his money, how much fortune they have, how they really see money making and the use of it. Especially Warren Buffet, as he wrote a book on how people can make money. This book makes the ideal answer for my research question. When I read the article about Carlos Slim I deduced that he is very smart. I could see he really knows where and when exactly to purchase investments that brings him his money back with the highest profit possible. For example, he purchased investments in the middle of the financial crises as the prices were really low. Also, he chose to buy a cell phone company which will always keep gaining profits as people will never get rid of their daily communication, thinks Carlos. Carlos is somehow opportunist, he used how the economy was in bad conditions in buying a lot of investments for low prices, that was doubled after few years. He also cares to have good relationships with the ruling party in Mexico in order to benefit from them and to be in the safe side as they are already strong politically and can help him solving any problems. There was no evidence that Carlos have made use of those political connections with the ruling party in an illegal way but it seems that it is only a kind of support but in legal issues. He had some philanthropy as he founded nonprofit education programs and he built a museum in Mexico which was to maintain the Mexican culture away from any harm. I think Carlos is a good example for a successful businessman that people may benefit from his history ,way of thinking, and how he benefit from the changing economical situations. I think people may follow his way of thinking in order to make money legally.


Amgad24 on the other hand I have got an example of a rich man who acquired his fortune illegally in the article by El werdany about Ahmed Ezz. Ahmed Ezz is the nowadays imprisoned Egyptian businessman and he is one of the good examples that proves that love of money is the root of all evil. As this engineer Ahmed Ezz has maintained a monopoly of steel production in Egypt using his political connections as he was a friend of the former president Hosni Mubarak’s son Gamal Mubarak and he helped him purchasing a lot of shares in the public El Dekheila steel company. He then became the chairman and he used his authority to use the subsidized raw material of steel in his own private steel company making more profits. He raised the prices of steel accounting for more profit margins arguing that there is already a raise in raw material prices which was not the case. This case shows how people’s love for money may lead them to do crimes like this for reaching their goals and building up their own fortune from others’ rights. I don't think Ezz was a happy man in his own life because a man doing all this illegal work can have a calm and blessed life without being worried all the time to be accused of his wrong doings, another thing is that he always feeling guilty and the last thing is that finally and after the revolution when Mubarak step down and no one is helping him he was accused of corrupting the political life in Egypt and wasting public money. I think Ezz is a good example for people who thinks corruption is the easiest way to be rich as in this example we all can see how much it is risky to do so and how bas is the consequences when you get caught. Concerning what I found in the article by Warren Buffet. I found tips which seem the answer of my research question; the first tip was to re invest profits gained in other projects. This tip I found very important. I was thinking about making a project after graduation and my main objective is to save money. However, after


Amgad25 reading this tip I changed my mind as I am thinking that I have to re-invest the maximum I can from my profits, not just save them, in order to enlarge my project to be able to make more profits and step by step I can increase the portion I am spending from my revenues. The second tip was to be different and never think like others monotonically but try to be different in order to beet your competitors. This tip, I found it useful as whenever I thought about something to work on to get money while I am studying and I start discussing it with friends most of them told me that I have to concentrate more in my studies, I think I have to be different than all students in university and make a small project that bring me money on my own. The third tip was not to spend too much time thinking in decisions unnecessarily but make your mind quickly without too much hesitation. This tip is very useful as I have experienced when people take long time in thinking whether to do a business or not they lose opportunities that they could not reach again in future. I was thinking about making a salad bar in the AUC but I took a lot of time thinking and negotiating with my father until it ends up that others made three salad bars and my idea is not new anymore. The fourth was to decide exactly your deal with others before getting to work in order to ensure your profit and never end up without gaining what you deserve. Tip number five was to check all your expenses and make sure that you are not tricked by people you work with and try to minimize those expenses as much as you can. this tip is very useful as those small expenses when added to each other in the future they can be a big sum of money that is wasted for no reason or stolen by others so i think everyone should make sure that he is getting benefit from every single sum of money he pays and that this money is returned to him . Tip number six was to limit how much you borrow to avoid being overwhelmed by debt and his advice was to save money to invest and never borrow. (comment)Tip number seven


Amgad26 was to be persistent and never give up and never stop trying until you reach your goals. Tip number eight was to know exactly when you should quit admitting that the business you are quitting do not suits you and you will never excel in it. Tip number nine was to compare the risks to the profit you will gain from investing in any project and decide to proceed or to quit accordingly. Finally, tip ten is to know what success really means to you. For example,Warren Buffet thinks it is not the matter of how much money you have but how much people love you.that if people loves you only because you have alot of money and they only want to make use of the relationship with you then it is not a real love. but the wise man is the one who know why people care about him or maintain their relation with him an Reflection In this section of my I search paper I like to evaluate first myself and my progress in the process of searching about the topic and extracting the new information that helped me getting an answer to my research question. Second the course itself and the concept of I search paper writing and finally my professor and how he helped and managed the work all over the semester. I have chosen to search and write about how people make money and accumulate wealth as this is I am interested in knowing the techniques and the most profitable investments. The rationale behind choosing this topic is that I want to be a rich man in the future so I need to get more information on how rich men around the world have acquired their fortune. I started working on the topic and searching for articles that narrate rich peopleâ&#x20AC;&#x2122;s biographies. I think I have chosen this topic successfully as I am very interested in and when I was working on my research I never felt as I am doing a silly assignment only to get a grade but I was seeking knowledge for my own good and for my own future as an ambitious businessman. I think I have got sufficient


Amgad27 information about rich people and money making all over the world to be able to get an answer to my research question. One week point i have is that I have worked discretely on this research as I used to work only on weekends and not even all of them because in the other days of the week I was busy doing assignments and studying for the other courses I have this semester so I think if I have had good time management skills my progress would have been better. The best thing I found in this course was that the students choose the topics their selves as they have the freedom to choose any topic they like in order to be interesting to them and they are not locked with a topic they donâ&#x20AC;&#x2122;t like or not interested in. this was very useful for me. I started thinking about the topic and I have chosen the topic to be something interesting to me in order to benefit from the research I have made about it. Also the selection of the topic have helped me to have the feel of curiosity to know more and more about it and to spend a lot of time reading articles and watching videos about my topic without being board or feeling that I am just making an assignment only to be graded but I was enjoying the process. I managed to get a good number of useful sources that helped me finding the answer to my research question as well as it helped me knowing a lot of techniques how people make money and manage it by both legal and illegal ways. About writing an I search paper I think it is a very useful way of learning about research writing techniques and how we can get the information we need from various sources as my professor helped me a lot as he dedicated to classes for helping us finding sources including books, movies, and photos. Those two classes I found them very useful even though I did not use books in my paper but I have already learned how to find what I need quickly in the library. Also the conference time was sufficient to show the professor my work and have his comments written in order to enhance my


Amgad28 work and to know if or not I am on the right track. The few deadlines was a problem as I felt that I have much time to do my work so I was lazy somehow at the beginning thinking that I have much time but I realized at a certain time that I have to work more searching for sources and journaling my daily work for that reason I suggested that in the next semesters he makes more deadlines for the journal entries like every weak students have to submit their journal entries as it may be easier to the professor to follow up with his students their weekly progress. use those videos http://www.youtube.com/watch? v=QcD8NGHhD6M&feature=results_main&playnext=1&list=PL541EE5C167C 38F14 http://www.youtube.com/watch?v=QuWpJ7FKMHs


Amgad29

AmgadNaguib Rhet 201-27 Instructor M Gibson I-search paper Second draft 25/03/2012 Money Making Intro: In the first class with Mr. Michael Gibson he asked us to write a free write about a topic of our interest that we really feel we want to know more about. I think that â&#x20AC;&#x153;Money Makingâ&#x20AC;? is really interesting;to know more about how people really collect money. I am wondering about a specific criteria or tips to make wealth. What should I think about to be a good successful business man? How should be my life style and which type of people should I be dealing with? Then I started to search about rich people around the world like Bill Gates and NaguibSaweeris, as I want to know more about their life style, mentality and how they worked on collecting their money. What were their feelings and ideas when they were in their first steps on their life when they were just founding their corporations and companies at the beginning of their life and how they managed to develop their companies to be global?


Amgad30

The story of my search: In February the 15th I realized that I am late journaling about the process of my research so I started to work harder. On that day, I have found some sources which I didn’t read yet because of my laziness but I decided to go home read my sources to know how I will make use of it in my I-search paper. I have got 6 sources which were (“Money”, “Power and Law-Twisting”, “What is Power of Money?”,“Carlos Slim Helú Biography”,“Basic Human Needs”,“Microsoft Monopoly”,“Think Rich”, “Grow Rich” ). I found those sources through the internet when I was searching for topics related to money and how people gain it. Some of those are about monopolies in Egypt which is the famous Ahmed Ezz steel manufacture monopoly and the other is about Microsoft being a monopoly in operating systems production or not. Other sources are about the ranked richest People all over the world, which have helped me focus more about how they have reached their fortune. What are they doing with their money other than just investing it and how they feel; Are they really happy or not? Three days later on the February 18th I started reading my six sources and writing an annotated bibliography for each one of them. I was trying to know how I will use these several sources in my I-search paper as they are talking about how people make money and why they need it and also how people think money is important for their main needs. Also, is it a tool or a purpose? I started then searching for more sources. I found from the first three sources that Ahmed Ezz, Slim Carlos, and Bill Gates gained money from monopolies and I started asking myself does this mean that it is easier and more effective to gain money illegally, but I do not think so as for sure there will be other legal ways to accumulate wealth. I found two useful books one on the internet and the other I could access through the AUC library. I also


Amgad31 found a blog which seems to be a fight between some people arguing about the first book which was “How Rich People Think”. I didn’t feel the blog was useful as it doesn’t contain any useful information that helps finding an answer to my research question. I asked a friend of mine what money means for her? And she replied power. I asked then is it a tool or a purpose? She said that it may be a purpose at the beginning and after people gain it becomes a tool for a better life. In that same day I also started thinking about my research question which was. How can people gain wealth? And I made some other questions that follow this question. Why people need money? Is there more than a way to follow in order to make money? Money, is it a tool or a purpose, meaning that is it something to be used or we need it just to have it? What do super rich people feel? Are large amounts of money owned by a person affect his social and psychological life?

March the 14th; On this day Mr. Mike decided that the class time will be used in the library for searching on our topics. I started searching using Google books and I found a very good book talking about how people grow rich it has a lot of tips, information and examples of rich people who began from the scratch. Another source that I have accessed through the AUC library that talks about the gap between rich and poor people which cause a lot of socioeconomically problems. However, it was all about statistics and numbers which I didn’t feel will help. I found a source that has a lot of quotes for rich and famous people about money and it was really funny and I


Amgad32 think a lot of them are true such as: “Money couldn't buy you friends but you got a better class of enemy.”(Spike Milligan) On the next day march the 15th I went home. I found my father watching a talk show program (“El Qahera el Youm”).This daily program presents some pictures shared on facebook. I saw a picture that shows Warner Buffet, the American rich man, who owns 44 billion dollars and some of his quotations on how people make money and grow rich.These can be considered as tips for people who want to have fortune. Two days later I searched Google for Warren Buffet and I found a source that entitled “ten ways to get rich Warren Buffet’s secrets that can work for you. In this article, I found 10 tips to use in order to grow rich. I also found ten tips for an investor to make profits and maintain success in any field he works in. I found those tips the most helpful for any young man to follow in order to succeed in his objectives, not only in money making but also in his life that’s why I think it is relevant to my Isearch paper. I read and analyzed the tips given by buffet as I finished reading this article on March 23.


Amgad33

What I found So far I have found a lot of information about the richest people around the world such as, Bill Gates, Warren Buffet, and Carlos slim, how each one got his money, how much fortune they have, how they really see money making and the use of it. Especially Warren Buffet, as he wrote a book on how people can make money. This book makes the ideal answer for my research question. When I read the article about Carlos Slim I deduced that he is very smart. I could see he really knows where and when exactly to purchase investments that brings him his money back with the highest profit possible. For example, he purchased in the middle of the financial crises as the prices were really low. Also, he chose to buy a cell phone company which will always keep gaining profits as people will never get rid of their daily communication, thinks Carlos. Carlos is somehow opportunist, he used how the economy was in bad conditions in buying a lot of investments for low prices, that was doubled after few years. He also cares to have good relationships with the ruling party in Mexico in order to benefit from them and to be in the safe side as they are already strong politically and can help him solving any problems. He had some philanthropy as he founded nonprofit education programs and he built a museum in Mexico which was to maintain the Mexican culture away from any harm. Other one was about Ahmed Ezz, the nowadays imprisoned Egyptian businessman, which is one of the good examples that proves love of money is the root of all evil. As this engineer Ahmed Ezz has maintained a monopoly of steel production in Egypt using his political connections as he was a friend of the former president Hosni Mubarakâ&#x20AC;&#x2122;s son Gamal Mubarak and he helped him purchasing a lot


Amgad34 of shares in the public El Dekheila steel company. He then became the chairman and he used his authority to use the subsidized raw material of steel in his own private steel company making more profits. He raised the prices of steel accounting for more profit margins arguing that there is already a raise in raw material prices which was not the case. This case shows how peopleâ&#x20AC;&#x2122;s love for money may lead them to do crimes like this for reaching their goals and building up their own fortune from othersâ&#x20AC;&#x2122; rights. Concerning what I found in the article by Warren Buffet. I found tips which seem the answer of my research question; the first tip was to re invest profits gained in other projects. This tip I found very important. I was thinking about making a project after graduation and my main objective is to save money. However, after reading this tip I changed my mind as I am thinking that I have to re-invest the maximum I can from my profits, not just save them, in order to enlarge my project to be able to make more profits and step by step I can increase the portion I am spending from my revenues. The second tip was to be different and never think like others monotonically but try to be different in order to beet your competitors. This tip, I found it useful as whenever I thought about something to work on to get money while I am studying and I start discussing it with friends most of them told me that I have to concentrate more in my studies, I think I have to be different than all students in university and make a small project that bring me money on my own. The third tip was not to spend too much time thinking in decisions unnecessarily but make your mind quickly without too much hesitation. This tip is very useful as I have experienced when people take long time in thinking whether to do a business or not they lose opportunities that they could not reach again in future. I was thinking about making a salad bar in the AUC but I took a lot of time thinking and negotiating with


Amgad35 my father until it ends up that others made three salad bars and my idea is not new anymore. The fourth was to decide exactly your deal with others before getting to work in order to ensure your profit and never end up without gaining what you deserve. Tip number five was to check all your expenses and make sure that you are not tricked by people you work with and try to minimize those expenses as much as you can. Tip number six was to limit how much you borrow to avoid being overwhelmed by debt and his advice was to save money to invest and never borrow. Tip number seven was to be persistent and never give up and never stop trying until you reach your goals. Tip number eight was to know exactly when you should quit admitting that the business you are quitting do not suits you and you will never excel in it. Tip number nine was to compare the risks to the profit you will gain from investing in any project and decide to proceed or to quit accordingly. Finally, tip ten is to know what success really means to you. For example,Warren Buffet thinks it is not the matter of how much money you have but how much people love you.


Amgad36

AmgadNaguib Rhet 201-27 Instructor M Gibson I-search paper First draft 25/03/2012 Money Making Intro: In the first class with Mr. Michael Gibson he asked us to write a free write about a topic of our interest that we really feel that we want to know more about it. Then I started to think about and I found Money making is really interesting to know more about how people really collect money. I am wondering of a specific criteria or tips to make a wealth. what should I think about to be a good successful business man. How should be my life style and which type of people should I be dealing with. Then I started to search about rich people around the world like Bill Gates and Naguibsaweeris. As I want to know more about their life style and mentality and how they worked on collecting their money. What were their feelings and ideas when they were in their first steps on their life when they were just founding their corporations and companies at the beginning of their life and how they managed to develop their companies to be global?


Amgad37

The story of my search: In February the 15th I realized that I am late journaling about the process of my research so I started to work more hard. In that day I have found some sources which I didn’t read yet because of my laziness but I decided to go home read my sources to know how I will make use of it in my I-search paper. I have got 6 sources some of them are about monopolies in Egypt which is the famous Ahmed Ezz steel manufacture monopoly and the other is about Microsoft being a monopoly in operating systems production being or not. Other sources are about the ranked richest People all over the world, which have helped me focus more about how they have reached their fortune. What are they doing with their money other than just investing it and how they feel are they really happy or not? Three days later on the February the 18th I started reading my six sources and writing an annotated bibliography for each one of them also. I was trying to know how I will use these several sources in my I-search paper as they are talking about how people make money and why they need it and also how people think money is important for their main needs and is it a tool or a purpose. I started then searching for more sources. I found from the first three sources that Ahmed Ezz, Slim Carlos, and Bill Gates gained money from monopolies and I started asking myself does this mean that it is easier and more effective to gain money illegally, but I do not think so as for sure there will be other legal ways to accumulate wealth. I found two useful books one on the internet and the other I can access through the AUC library I also found a blog which seems to be a fight between some people arguing about the first book which was “How rich people Think” I didn’t feel the blog was useful as itdoesn’t contain any usefull information that helps finding an answer to my research questin .


Amgad38 I asked a friend of mine what money means for her? And she replied power. I asked then is it a tool or a purpose? She said that it may be a purpose at the beginning and after people gain it becomes a tool for a better life. In that same day I also started thinking about my research question which was. How can people gain wealth? And I made some other questions that Follows this question. Why people need money? Is there more than a way to follow in order to make money? Money is it a tool or a purpose meaning that is it something to be used or we need it just to have it ? What do super rich people feel? Are large amounts of money owned by a person affect his social and psychological life?

March the 14th on this day Mr. Mike decided that the class time will be used in the library for searching on our topics I started searching using Google books and I found a very good book talking about how people grow rich it has a lot of tips and information and examples of rich people who began from the scratch. Another source that I have accessed through the AUC library that talks about the gap between rich and poor people which cause a lot of socioeconomically problems but it was all about statistics and numbers which I didn’t feel it will help. I found a source that has a lot of quotes for rich and famous people about money and it was really funny and I think a lot of them are true like” Money couldn't buy you friends but you got a better class of enemy.”(Spike Milligan) On the next day march the 15th I went home I found my father watching a talk show program ( ElQahera el youm ) this daily program presents some pictures shared on face


Amgad39 book I saw a picture that shows Warner buffet the American rich man who owns 44 billion dollars and some of his quotations on how people make money and grow rich these can be considered as tips for people who want to have fortune. Two days later I googled Warren Buffet and I found a source that entitled â&#x20AC;&#x153;ten ways to get rich warren buffetâ&#x20AC;&#x2122;s secrets that can work for you. In this article I found 10 tips to use in order to grow rich.


Amgad40

What I found So far I have found a lot of information about the riches people around the world like Bill Gates, Warren Buffet, and Carlos slim, each one of them how they got their money how much fortune they have and how they really see money making and the use of it. Specially warren Buffet as he wrote a book on how people can make money wich can be the ideal answer for my research question. When I read the article about Carlos Slim I deduced that he is very smart that he now where and when exactly to purchase investments that brings him his money back with the highest profit available and he is somehow opportunist that he used how the economy was in bad conditions and he bought a lot of investments that was doubled after few years he also was like caring to have good relationships with the ruling party in Mexico. Also he had some philanthropy as he founded nonprofit education programs and he built a museum in Mexico which was to maintain the Mexican culture away from any harm. Other one was about Ahmed Ezz the nowadays poisoned Egyptian businessman, which is one of the good examples that proofs that love of money is the root of evil. As this engineer Ahmed Ezz has maintained a monopoly of steel production in Egypt using his political connections as he was a friend of the formers president Hosnymubarakâ&#x20AC;&#x2122;s son Gamal Mubarak and he helped him purchasing a lot of shares in the public el dekheila steel company and then he became the chairman and he used his authority as chairman to use the subsidized raw material of steel in his own private steel company on the expense of that owned by the government making more profits. Then he raised the prices of steel accounting for more profit margins arguing that there is already a raise in raw material prices which was not the case. This case shows


Amgad41 how people love for money May lead them to do crimes like this for reaching their goals and building up their own fortune from others rights.


Amgad42

Journal entries How to make money I am wondering of a specific criteria or tips to make a wealth what should I think about to be a good successful business man. How should be my life style and which type of people should I be dealing with. Although it is a very hard process to raise the income of a honorable man in Egypt to raise up his income and his life style and to depend on only his self confidence that he will be a successful man in this country as corruption is everywhere around us and it is deeply developing and spreading all around me. This facft that we all can see has affected my feelings and motivated me to search more about people like Steve jobs, Bill Gates, or even Naguibsaweeris. What was their feelings and ideas when they were in their first steps on their life when they were just founding their corporations and companies in the very beginning of their life and how they managed to develop those companies to be international and to bring them these large amounts of money.

Religion and politics Religion should be separated from politics or politics should rely on religion in stating rules and laws that people should follow How about nations and other countries that used the politics alone and those who used religion to make their policy in ruling their nations? What were the circumstances in both cases? How to choose the party that you should support in parliament elections or in any position should we vote for religious people just because they will follow Holly Books as a source for their actions. Are they really willing to do that or they are just campaigning for their party and for their own good.


Amgad43 What is the impact of el ekhwan ruling Egypt will be on Christians Airo dynamics and the manufacture of cars and sport cars

Feb 15 Today Mr. Mike told me I am late already in journaling whatever I have did in my I search paper. I have reached some sources which I didnâ&#x20AC;&#x2122;t read yet because of my laziness this moment I decided to go home read my sources to know how I will make use of it. I have got 6 sources some of them are about monopolies in Egypt which is the famous Ahmed ezz steel manufacture monopoly and the other is about Microsoft being a monopoly in operating systems production being or not. Other sources are about the ranked richest People all over the world. Which may help me focus more about how they have made their money how many hours they have worked per day in what way they have accomplished to gather all these sum of money what are they doing with their money other than just investing it and how they feel are they really happy or ? Feb 18 Today I started reading my six sources and writing an annotated bibliography for each one of them also I was trying to know how I will use these several sources in my I search paper as they are talking about how people make money and why they need it and also how people think money is important for their main needs and is it a need or a purpose. I started then searching for more sources. I found from the first three sources that Ahmed Ezz, Slim Carlos, and Bill Gates gained money from monopolies does this mean that it is easier and more effective to gain money from illegal sources but I do not think so as for sure there will be other ways to accumulate wealth in a legal way. I found 2 useful books one on the internet and the other I can access


Amgad44 through the AUC library I also found a blog which seems to be a fight between some people arguing about the first book which was “How rich people Think” I didn’t feel the blog was useful. I asked a friend of mine what money means for her? And she said power. And she said it helps her show her love or interest to people. I asked then is it a tool or a purpose? She said that it may be a purpose at the beginning and after people gain it becomes a tool for a better life. Then I started to think about my research question. Research questions First how can people gain wealth? Follow this question. Why people need money? Is there more than a way to follow in order to make money? Money is it a tool or a purpose? What do super rich people feel? Are large amounts of money owned by a person affect his social and psychological life? How rich people think about poor and vice versa. feb 24 Today I started reading my sources again and making sure I understand everything about it and I started to criticize them. I started with the article talking about the richest person on the world trying to know more about his life style how he thinks and what have he did to end up of all that sum of money. I deduced that he is very smart that he now where and when exactly to purchase investments that brings him his money back with the highest profit available and he is somehow opportunist that he used how the economy was in bad conditions and he bought a lot of investments that was doubled after few years he also was like caring to have good relationships with the ruling party in Mexico. Also he had some philanthropy as he founded nonprofit education programs and he built a museum in Mexico which was to maintain the Mexican culture away from any harm. Then I started reading the other article about


Amgad45 the nowadays poisoned Egyptian businessman Ahmed Ezz, Which is one of the good examples that proofs that love of money is the root of evil. As this engineer Ahmed ezz has maintained a monopoly of steel production in Egypt using his political connections as he was a friend of the formers president Hosnymubarakâ&#x20AC;&#x2122;s son Gamal Mubarak and he helped him purchasing a lot of shares in the public el dekheila steel company and then he became the chairman and he used his authority as chairman to use the subsidized raw material of steel in his own private steel company on the expense of that owned by the government making more profits. Then he raised the prices of steel accounting for more profit margins arguing that there is already a raise in raw material prices which was not the case. This case shoes how people love for money May leed them to do crimes like this for reaching their goals and building up their own fortune from others rights.

Mar 14 And now after the huge gap in time I started again my research as Mr. mike said that the class time will be used in the library for searching on our topics I started searching using google books and I found a very good book talking about how people grow rich it has a lot of tips and information and examples of rich people who began from the scratch Another source that I have accessed through the AUC library that talks about the gap between rich and poor people which cause a lot of socioeconomically problems but it was all about statistics and numbers which I didnâ&#x20AC;&#x2122;t feel it will help. I found a source that has a lot of quotes for rich and famous people about money and it was


Amgad46 really funny and I think a lot of them are true likeâ&#x20AC;? Money couldn't buy you friends but you got a better class of enemy. Spike Milligan b. 1918, d. 2002, Irish comedian and writer 1963 [Puckoon (1963)] Mar 15 Today when I went home I found my father watching a talk show program ( elqahera el youm ) this daily program presents some pictures shared on face book I saw a picture that shows Warner buffet the American rich man who owns 44 billion dollars and some of his quotations on how people make money and grow rich these can be considered as tips for people who want to have fortune. Mar 17 Today I started googling Warren Buffet and I found a source that entitled â&#x20AC;&#x153;ten ways to get rich warren buffetâ&#x20AC;&#x2122;s secrets that can work for you. In this article I found 10 tips to use in order to grow rich. I started reading this article where I found it very useful for my i-search paper. The first tip was to re invest profits gained in other projects the second tip was to be different and never think like others monotonically but try to be different in order to beet your competitors. The third tip was not to spend too much time thinking in decisions unnecessarily but make your mind quickly without too much hesitation. The forth was to decide exactly your deal with others before getting to work in order to ensure your profit and never end up without gaining what you deserve. Mar 23


Amgad47 Today I continued reading warren buffetâ&#x20AC;&#x2122;s tips Tip number five was to check all your expenses and make sure that you are not tricked by people you work with and try to minimize those expenses as much as you can. Tip number six was to limit how much you borrow to avoid overwhelmed by debt and his advice was to save money to invest and never borrow. Tip number seven. Tip number eight was to know wxactly when you should quit admitting that the business you are quitting do not suits you and you will never excel in it . tip number nine was to compare the risks to the profit you will gain from investing in any project and decide to proceed or to quit accordingly and finally tip ten is to know what success really means to you as for example warren buffet thinks it is not the matter of how much money you have but how much people love you


Amgad48

Brain storming: Money - making money is much much harder than losing it. - money gives power. - international poverty rates, and how it is a terrifying. - making money: ambition vs. greed. - making money: how much money can "ethics/ moral/ ... etc." cost ? and how much money can change your mind about complying with ethics/ moral/ ... etc. ? and how much more money can actually be made without ethics/ moral/ ... etc.? - Niccolò Machiavelli: "the end justifies the means" - what are you willing to spend/ sacrifice/ exert in order to make money? - how much are you willing to barter/ bargain for more money? - How much money is enough? - How much money is enough for you? - Money: a blessing or a curse? http://www.carlosslim.com/biografia_ing.html http://www.forbes.com/wealth/billionaires http://www.forbes.com/profile/carlos-slim-helu/ http://www.biography.com/people/carlos-slim-hel%C3%BA-38390

key words:

Fundamental human needs Maslow's hierarchy of needs http://www.itstime.com/jun97.htm

will be sent http://www.biography.com/people/carlos-slim-hel%C3%BA-38390?page=1 http://psychology-psychiatry.factoidz.com/why-people-want-money/ http://www.aucegypt.edu/research/ebhrc/publications/Documents/Steel%20Market %20in%20Egypt.pdf http://english.ahram.org.eg/News/11480.aspx http://thisnation.com/question/027.html http://www.commondreams.org/views01/0218-09.htm


Amgad49


Amgad50

Annotated Bibliography draft1 Cagsil. "What Is Power of Money?"Cagsil on HubPages.N.p., n.d. Web. 18 Feb. 2012. <http://cagsil.hubpages.com/hub/misconception-the-unrealistic-power-ofmoney>.ows This article shows how money has power and effect on everything anywhere. Also shows how money can be used in good ways to achieve good goals on the society basis or even the personal one, and when money can be really the root of evil. And it says that money is a tool not a purpose Carlos Slim HelĂş Biography - Facts, Birthday, Life Story - Biography.com." Famous Biographies & TV Shows - Biography.com.N.p., n.d. Web. 18 Feb. 2012. <http://www.biography.com/people/carlos-slim-hel%C3%BA-38390?page=1>. This article is the biography of the wealthiest man in the world. Carlos slim is ranked the first wealthiest man in the world he is a Mexican man from a Christian Lebanon family. Carlos was an engineer who started investing in Mexico after the economic crash of 1982 which was the main reason why he is ranked the wealthiest in the world now. He also managed to monopolize the communication programs in Mexico as he was the owner of Telemex the biggest telephone company in Mexico. This is useful for my I search as it gives an example how people can earn money or make wealth more information on Slim carols about his psychological life how he feels while he is the wealthiest man in the world. El-Wardani, Salma. "Money, power and law-twisting: The makings of the real Ezz Empire." Ahram online. N.p., n.d. Web. 11 Feb. 2012. http://english.ahram.org.eg/News/11480.aspx This article narrates a real story of the steel production monopoly made by engr. Ahmed Ezz in Egypt and how he used political power illegally to achieve his personal profits on the expense of citizens, the article gives a detailed biography of Ahmed Ezz and how he turned from a middle class citizen who owns a small steel production factory that was about to leave the market because of its losses to the only producer of steel in Egypt and how he ascended the ladder of politics in order to secure his monopolistic empire of steel production by twisting laws and stating it as he wants from the authority of the Egyptian parliament and the Watany political party and with


Amgad51 the help of his friend Gamal Mubarak the son of the former president and others in the Watany party. This can be useful as it narrates a story of a wealthy man who gained his wealth by illegal ways this can show how people may use illegal ways to make money in contrast with other people who makes money with really legal ways and without harming others but helping them. June 1997 -- Basic Human Needs." Institute for Management Excellence Home Page. N.p., n.d. Web. 18 Feb. 2012. <http://www.itstime.com/jun97.htm>. This source states the nine needs of a human being and how people think they have it or do not have it and they are Security, Adventure, Freedom, Exchange, Power, Expansion, Acceptance,Community , Expression. Kuttner, Robert. "The Power of Money." Home | Common Dreams.N.p., n.d. Web. 18 Feb. 2012. <http://www.commondreams.org/views01/0218-09.htm>. In this article Robert is talking to his readers about how money can be effective on manâ&#x20AC;&#x2122;s life. And how money can influence life style Services, offering, upgrades. That way and there can be many Amega players. "Microsoft Monopoly." Welcome to Zaimoni.com. N.p., n.d. Web. 18 Feb. 2012. http://www.zaimoni.com/George/MicrosoftMonopoly.htm This source takes about Microsoft monopoly in operating systems it says briefly that when a man owns the first operating system company it is normal that it is a monopoly until another competitor success to reach its quality and it says also that Bill gates has developed his huge wealth as he was ranked the first on the world from a few years because of this monopoly. Sherrod, Lena. "Think Rich, Grow Rich." Essence (Time Inc.) 35.10 (2005): 96. MasterFILE Premier. Web. 19 Feb. 2012. This article gives people tips how they can grow rich as it says in the title. Lena thinks that if a person decided to program his thoughts towards a goal which is building a fortune he will proceed automatically in the process and will accumulate wealth until he reaches his goals. She suggests also reading some financial books which help people enhance their financial IQ. I think this article gives a brief answer to my (Isearch) question


Amgad52

Siebold, Steve. "Amazon.com: How Rich People Think (9780975500347): Steve Siebold: Books." Amazon.com: Online Shopping for Electronics, Apparel, Computers, Books, DVDs & more. N.p., n.d. Web. 18 Feb. 2012. <http://www.amazon.com/gp/product/0975500341? ie=UTF8&tag=wwwviolentkicom&linkCode=as2&camp=1789&creative=9325&crea tiveASIN=0975500341>. In this book there is a comparison between rich people and poor people how both thinks about money and how they get it

valeriebelew. "RICH PEOPLE FEEL PAIN." valeriebelew on HubPages.N.p., n.d. Web. 18 Feb. 2012. <http://valeriebelew.hubpages.com/hub/RICH-PEOPLE-FEEL-PAIN>. The author in this article wants to emphasis the point that Money canâ&#x20AC;&#x2122;t solve all problems and he started to give examples for problems cannot be solved using fortune which is like death. He/ she also says that money may make some problems worse like that may opportunists may fool him with fake love only to get benefit from his wealth.


Amgad53

Annotated Bibliography draft 2 Cagsil. "What Is Power of Money?"Cagsil on HubPages.N.p., n.d. Web. 18 Feb. 2012. <http://cagsil.hubpages.com/hub/misconception-the-unrealistic-power-ofmoney>.ows This article shows how money has power and effect on everything anywhere. Also shows how money can be used in good ways to achieve good goals on the society basis or even the personal one, and when money can be really the root of evil. And it says that money is a tool not a purpose Carlos Slim HelĂş Biography - Facts, Birthday, Life Story - Biography.com." Famous Biographies & TV Shows - Biography.com.N.p., n.d. Web. 18 Feb. 2012. <http://www.biography.com/people/carlos-slim-hel%C3%BA-38390?page=1>. This article is the biography of the wealthiest man in the world. Carlos slim is ranked the first wealthiest man in the world he is a Mexican man from a Christian Lebanon family. Carlos was an engineer who started investing in Mexico after the economic crash of 1982 which was the main reason why he is ranked the wealthiest in the world now. He also managed to monopolize the communication programs in Mexico as he was the owner of Telemex the biggest telephone company in Mexico. This is useful for my I search as it gives an example how people can earn money or make wealth more information on Slim carols about his psychological life how he feels while he is the wealthiest man in the world. El-Wardani, Salma. "Money, power and law-twisting: The makings of the real Ezz Empire." Ahram online. N.p., n.d. Web. 11 Feb. 2012. http://english.ahram.org.eg/News/11480.aspx This article narrates a real story of the steel production monopoly made by engr. Ahmed Ezz in Egypt and how he used political power illegally to achieve his personal profits on the expense of citizens, the article gives a detailed biography of Ahmed Ezz and how he turned from a middle class citizen who owns a small steel production factory that was about to leave the market because of its losses to the only producer of steel in Egypt and how he ascended the ladder of politics in order to secure his monopolistic empire of steel production by twisting laws and stating it as he wants from the authority of the Egyptian parliament and the Watany political party and with


Amgad54 the help of his friend Gamal Mubarak the son of the former president and others in the Watany party. This can be useful as it narrates a story of a wealthy man who gained his wealth by illegal ways this can show how people may use illegal ways to make money in contrast with other people who makes money with really legal ways and without harming others but helping them. June 1997 -- Basic Human Needs." Institute for Management Excellence Home Page. N.p., n.d. Web. 18 Feb. 2012. <http://www.itstime.com/jun97.htm>. This source states the nine needs of a human being and how people think they have it or do not have it and they are Security, Adventure, Freedom, Exchange, Power, Expansion, Acceptance,Community , Expression. Kuttner, Robert. "The Power of Money." Home | Common Dreams.N.p., n.d. Web. 18 Feb. 2012. <http://www.commondreams.org/views01/0218-09.htm>. In this article Robert is talking to his readers about how money can be effective on manâ&#x20AC;&#x2122;s life. And how money can influence life style Services, offering, upgrades. That way and there can be many Amega players. "Microsoft Monopoly." Welcome to Zaimoni.com. N.p., n.d. Web. 18 Feb. 2012. http://www.zaimoni.com/George/MicrosoftMonopoly.htm This source takes about Microsoft monopoly in operating systems it says briefly that when a man owns the first operating system company it is normal that it is a monopoly until another competitor success to reach its quality and it says also that Bill gates has developed his huge wealth as he was ranked the first on the world from a few years because of this monopoly. Sherrod, Lena. "Think Rich, Grow Rich." Essence (Time Inc.) 35.10 (2005): 96. MasterFILE Premier. Web. 19 Feb. 2012. This article gives people tips how they can grow rich as it says in the title. Lena thinks that if a person decided to program his thoughts towards a goal which is building a fortune he will proceed automatically in the process and will accumulate wealth until he reaches his goals. She suggests also reading some financial books which help people enhance their financial IQ. I think this article gives a brief answer to my (Isearch) question


Amgad55

Siebold, Steve. "Amazon.com: How Rich People Think (9780975500347): Steve Siebold: Books." Amazon.com: Online Shopping for Electronics, Apparel, Computers, Books, DVDs & more. N.p., n.d. Web. 18 Feb. 2012. <http://www.amazon.com/gp/product/0975500341? ie=UTF8&tag=wwwviolentkicom&linkCode=as2&camp=1789&creative=9325&crea tiveASIN=0975500341>. In this book there is a comparison between rich people and poor people how both thinks about money and how they get it

valeriebelew. "RICH PEOPLE FEEL PAIN." valeriebelew on HubPages.N.p., n.d. Web. 18 Feb. 2012. <http://valeriebelew.hubpages.com/hub/RICH-PEOPLE-FEEL-PAIN>. The author in this article wants to emphasis the point that Money canâ&#x20AC;&#x2122;t solve all problems and he started to give examples for problems cannot be solved using fortune which is like death. He/ she also says that money may make some problems worse like that may opportunists may fool him with fake love only to get benefit from his wealth. Warren, Buffett. "Warren Buffett's 10 Ways To Get Rich." Warren Buffett - The Greatest Investor The World Has Ever Known. N.p., n.d. Web. 25 Apr. 2012. <http://www.warrenbuffett.com/warren-buffett-10-ways-to-get-rich/>. In this article I found ten tips for an investor to make profits and maintain success in any field he works in. I found those tips the most helpful for any young man to follow in order to succeed in his objectives not only in money making but in his life for this reason I found it relevant to my i-search paper.


Amgad56

Reflection paper on URECA conference

Learning from the finish present to build the Egyptian future The presenter Mr. Youssef Salem was talking about how Egypt should find a model to follow in order to develop the economic activity. Salem found that the Finland economy some years ago was an example to whatâ&#x20AC;&#x2122;s happening now in the Egyptian economy as it was in a very bad situation like now in Egypt. Salem started to narrate what Finland have done in order to develop its economy as they have manipulated the concept of cluster based economy as they preserved their traditional clusters along with emerging new ones An example for new clusters in Egypt was said by Salem as he stated that it may be considered to have more marina services in the Suez Canal as these new cluster should contribute with the country and firm to enhance the economy of Egypt Finally he made a comparison between Egypt and Finland where Finland was in a bad economic situation like Egypt from few years and now the situation is as follows Egypt has conflict between economic clusters as it has bureaucracy and corruption as well as poor education on the contrary Finland has a homogeneous society with a political will and strong education which means that Finland managed to enrich its economy and find solutions for their problems.


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Conferences


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Amgad Naguib portofolio  

rhet 201 portofolio

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