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Day 1: My Learnings From "Rich Dad Poor Dad"

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I am reading the book Rich Dad Poor Dad by Robert Kiyosaki for the second time to learn the things I missed out when I first read the book in 2002. Its now 13 years later. Why did I take all this time to get back to this book is my question I ask myself. After all this book by Robert Kiyosaki holds so many secrets to creating wealth and would have helped me to get to my goals so much faster. I am intrigued by the tagline on the book - "What the rich teach their kids about money - That the poor and middle class do not!"  I am excited to get started and the paragraphs below are what I have gleamed so far from page one in Chapter 1. I am intrigued at what Robert says in his book that the school system has not taken any steps to teach students anything about the real world. All we are taught in schools is to just study hard and get good grades and to beat everyone else at school. The focus is to get the best jobs out there in the market place . Interestingly the jobs that...
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How Do You Win At Failures

I had this email flip over into my mail box this morning talking about being resilient. Its not easy to see resilience working for you. You must firstly go through some very hard times and then decide that you want to fight and come back and win or survive the ordeal. but it doesnt happen overnight. Its a slow process. It will take a lot of failing forward and commiting to growth everyday placing yourself on the razor edge of life to win against all the setbacks and negativity that may pull you from overcoming the hardship you been through. It can happen but will take time for resilience to be learned. Claude Fullinfaw The John Maxwell Company wrote : Do you know any rubber-band people?Chances are you do. They’re the people who, no matter what happens to them, always seem to bounce back. They may experience an illness, a family tragedy, or a run of bad luck, but it never seems to keep them down. Life can stretch them to their breaking point, but
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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...
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