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Showing posts from April, 2015

Can Fear or Desire Break Your Vision To Succeed - Day 13 of Rich Dad Poor Dad!

Fear & Emotions! What if I were to tell you that you will not get paid in your company for the next 2 to 3 years? What will be your reaction now? Will you decide to quit or will you decide to do this is my question to you now. For more information on how to work smart please contact us on ... Click Here ! There will be two emotions that will make you quit and how you overcome these will determine how far you go in your business life. The first emotion is Fear. At first you will feel fearful that you are being paid far too little for far too much work. After all if you work part time for a petrol station or the super-mart you could be earning at least $25 an hour. Working 10 hours a week is an additional $250 in your pocket to buy you the branded clothes you want, the more expensive car you like or save for a holiday. So the fear of missing out what you perceive you can get immediately is very powerful to make you head over and take the extra money. The second emotion

Day 12: Success Comes From A Rich Abundant Mindset

Coming to the end of Chapter 1 in Robert Kiyosaki's book Rich Dad Poor Dad I see so much of the Poor Dad in my parents back in India. They wanted me to have the best education and God bless their souls for that. They wanted me to get the best college degree to land a good job. Which I did in 1984. But what may have been more beneficial to me back then if they instilled in me that being rich is far better than being poor. For them being rich was mean, dirty and unfair. Mum used to and still says that money is not important as long as you are happy. Interestingly they lead very sad lives because money dictated what they did and how they lead their lives. My real dad too though he was not poor by the salary he earned he still found it hard to manage. His thoughts were always not to make money and he never saw opportunity is any of his dealings in work. His thoughts and actions just were not aligned to make him successful where business dealings were concerned. He died a poor man u

Day 11: 10 Do's - Don't On How To Be Successful

Here are 10 lessons I picked up reading Chapter 1 in Rich Dad Poor Dad. • The Poor Dad says rich should pay more taxes to take care of the less fortunate. But the RICH Dad says that taxes punish those who produce and reward those who don't produce. • The Poor Dad says to study hard to get the good job in a good company. On the contact the RICH DAD says find a good company and buy it. • The Poor Dad blames his kids for being poor. The RICH Dad says that the reason why he must be rich is because of the kids. • The RICH Dad encourages money talk at the table. The Poor Dad forbade topics of money at the dining table. • Now the Poor Dad looked at money being risky. He played safe. On the other hand the RICH Dad shared how managing risk around money could make you more money. • Interestingly the Poor Dad looked at the family home as the largest investment and greatest asset. While the RICH Dad looked at the family home as a liability. Interesting! • What surprised me is th

Day 10- Learn To Be Successful From People Who Are On The Road To Success

Robert Kiyosaki talks about his two dads who influenced him growing up. Isn't it interesting that people closest to you can make such an impact over you and what you become. I remember way back in 1971 how another man came into my life back then. He was just 10 years older than me and though he was only 21 years old I noticed he started to develop characteristics of an entrepreneur and stand out from the crowd. He was to become my role model and in a sense the Rich Dad in my life without me sensing it. My highly skilled educated Dad who was a senior employee in a large firm in India back then. Dad was instrumental in getting this high school drop out his first job. In fact I was the one that ran the errand to inform Lewis of a job if he was keen to take it. Opportunity comes to people who see it. Also preparedness is another quality of entrepreneurs. Being prepared to be able to recognize opportunity is very important. Well this man Lewis went on to be very successful. He w

Day 9: Learning To Be Prepared - Are You Financially Ready

This afternoon my wife shared an interesting story about a girl friend of hers with me. She has this friend that has found herself in hospital due to the negligence of the medical system. No fault of her but three weeks on and she is still bedridden in hospital. Now Marie prior to getting ill was an absolute picture of health. But as you can guess she was unintentionally diagnosed wrongly and ended up with a burst appendix. Right now she is so weak due to internal poisoning caused by fecal matter that she has lost the power of her muscles. Vicki says it will be at least six months before Marie can walk again. So why am I sharing this with you? Lets go back to 24 months ago when we invited Marie to play the RobertbKiyosaki game called CashFlown101 with us. We all had a great two hour session playing CashFlow 101 but Vicki remembers how Marie reacted to the game of getting out of the Rat Race and into the outer lane off being Financially Free. Marie mentioned to us that both she

Day 8 : Don't Give Up Control. Control Your Own Destiny

It interesting how we all react to what we are exposed to in different ways. I was quite taken up with the young college student, the daughter of Sharon in the book Rich Dad Poor Dad who took the lessons learned from playing the game CashFlow101 and started to adapt it to her life as a student. What I learned is that college students don't have to just work for a living. They can start to learn how money works and how to invest it. From there students can move on to choosing a career where they go to work because they love what they do and not just for the job security and how much money the job pays. This will bring freedom to how students lead their lives and will eventually help them to escape the rat race of life, leading fuller and happier lives. By getting out of the Rat Race you start to lead your life by a new set of rules, a different set of rules very similar to those the rich and successful follow. You don't allow yourself to be a victim of unemployment and

What really is the Rat Race of Life? The steps as taught by Rich Dad Poor Dad - Day-7

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The Summary Of The Rat Race of Life ! Here is a short breakdown what the race of life is all about. For more information please contact us on ... Click Here ! •     It starts with you getting advice from your parents that a college education is what you must go after to get the best paid jobs. •   Once you finished college you then get a job and start to work yourself up to get the promotions and pay increases you set your eyes on. •   Soon with extra money in your pocket you start to get the fancy car, the branded clothes, watches and want to be seen around town as successful. •   You start to travel to exotic places around the world with friends and •   Soon you find someone you like and get married before long. •   This now takes you into a complete different space as now you start to save for a home. You start to save and so can't go out as often as you once did. •   Next comes the kids and exciting as this is you find that the double income that once allowed you many l

Day-6 | Being Introduced To CashFlow 101 by Robert Kiyosaki

Skipping through the pages this morning in the introduction to the book Rich Dad Poor Dad, I immediately aligned myself with the banker who said that though he knew about banking had no idea that money worked in ways not known to many. Unlike the others in the game - Cash Flow Quadrant, I could see how I had failed in my previous four endeavors in business having made the same mistake over and over again. Einstein once said that "If you do the same thing over and over again and expect a different result it's a sign of insanity". Now that's what was happening to me prior to 2003. I for some reason seemed to be on a treadmill of destruction - The Rat Race of life and just could not get off for the life of me. For more information please contact us on ... Click Here ! Now if you have not read Cash Flow 101 then it's time you do. It's a book around finances and helps you learn how to keep a Profit and Loss Statement, buy assets that add value to the balance

Day-5: Was Becoming Self Employed Smart - Escaping The Rat Race

Why Did I Chose To Be Self Employed? Was It The Right Thing Tto Do? Prior to being in network marketing I ran a business for over 20 years. I got into business because I was a frustrated employee who was working hard as a chef for a boss back then. I wanted to escape the Rat Race and thought that being self employed was the answer. I saw my boss seemingly make all this money and felt I was actually helping him create and grow his asset. More Info ! Being frustrated with work I decided to take a loan and finance a small restaurant and work for myself. Check out this Youtube link too ! That's how I became self employed.  Little did I know that I had gone from the frying pan into the fire. I soon found myself tied down at work more than when I was working for a boss. Quite often I did not take a wage as I used to pay myself last and often there was not enough profits to cover my wages. That was when I read the book Rich Dad Poor Dad by Robert Kiyosaki and learned that emp

Day 4: The Rat Race Explained - Why its important to read the book Rich Dad Poor Dad

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It's interesting going through the pages of Chapter 1 in Rich Dad Poor Dad where Robert Kiyosaki talks about financial literacy and why it's important for young people in school and college to start to learn what makes money and how to make it work for you. Want To Learn More ? Most probably you have heard the saying by now - Escape The Rat Race ! Most people have as its comes up on Facebook quite often. But what is really the Rat Race of life. Let me explain after what I picked up from the book RichDadPoorDad. And if I can make you understand what it is then I have learned the lesson well too. After all these notes are meant for me to learn too. The Race Race Of Life! The message passed on by parents! According to Kiyosaki parents tell children when they are young that getting a college degree is the most important thing for them to get. Without a university degree they will not be able to land themselves a good job and get by in life. So what do children do