People think I Quadrant is not their Responsibility. Freedom has a price, it doesn't requires a formal education,
Chapter 3
Why people seeks financial security , because they are taught for that. Left side is motivated by security and Right side is motivated by Freedom, Trapped for y
0ears, following the script,
Working hard in the Left side, working hard in the Right side, Financial intelligence is not how much money you earn but how much money you keep and for how many generations, govt must know before it uses the money,
It is tax payer money, you have not created the money,
Fail to see the money Trap, Taxes and interest on debt, Search for freedom and happiness,
True security and freedom is in the right side,
Guide to Freedom, it is only a guide, Risk can be virtually eliminated, Learn to take risk and manage risk, old and outdated idea, industrial age pension plan, information age pension plan, contribution pension plan, if u dont put money in, u dont get money out, stock market crash can get half cut or even completely wiped out, too many people are counting on govt , industrial age is history, prepare yourself for the oppotunities of information age, great change is at hand, investing without being investors, by nature security oriented, I quadrant is a quadrant of risk, more intense in your thought, financial struggle to financial freedom, Fortune teller, if history is any indicator, avoiding risk, managing risk, people who managed to take risk changed the world, depending on govt to eliminate the risk of life, Learning to take responsibilty of our life after retirement, Time has changed but many people are stuck to the old ideas, guide them if they want to be guided, Financial freedom is not cheap, it has a price, we have to pay the price, Left side is motivated by security and Right side is motivated by Freedom, Trapped for years, track the life of average people, Financial bankruptcy, success trap, Financial intelligence, is not how much maney u make but how much money u keep, deplete the budget, he always thought pay raise will solve his problems, read financial statement, taxes and interest on debt, Search for freedom, Something like a dog chasing his tail, massive downsizing worldwide, there is a boom in home based business, hires employees and fire employees, lack of capital, and lack of experience, other disappear in next 5 years because of lack of energy, america was founded by tax rebellion, tax revolution, story of william tell was a story of taxation, taxes has become the use of civilised society but taxes abuses and mismanages, some income is less taxed, from homeless to becoming financially free, job security is not financial security, he lost a job and could not find a job, economic wave , feeling confident with our education, Leave frugally and invest for the long term, Your boss cannot make u rich, its job is to secure your paycheck, Be busy on both side of a quadrant, if you work hard in the left side, u have to keep working the entire life, if you work hard in the right hand side, u have a chance to be financially free, if u need to lead people u have to control it with words, words reflect the core values, if u listen the words u have to listen to the souls,
Wealth is measured in time not money,
B quadrants Support the ups and down of I quadrant, lose many times before winning, Dentist go on vacation so does their income go on vacation, I quadrant is the playground of rich,
Think system as a bridge which will help u to cross the bridge from the left side to the right side, Success is a poor teacher, failure is a great teacher, Learning everything through trial & error, NWM is a wave of Future, Traditional Corporation system, Franchisee system and NWM system, pass on from one generation to the next, journey from E quadrant to B quadrant, shortcut to B is find a Mentor, A mentor is who has already done which you want to do. People want to do their way not the system way, it need good people to operate a system, Human body is also a system of syatems, if one syatem of our body fails the entire body dies. They have free time to learn, doing well in NWM business and investing business, his financial education classes every saturday , his classes is growing, For Being successful u have to learn to overcome the fear of rejection, Also to develop the ability to take along people of different background, And lead them, self confidence is key on the Right hand side of the business, Long term passive income, u need a long term commitment, system is a bridge to freedom, you acquire the right to operate a proven and legal business system, The system takes u safely from the left side to the right side of a system,
Investing is the key to financial freedom, My Rich dad said investing is not risky but being financial uneducated is risky, Real investors dont park their money they move their money, Acquiring assets and moving on to acquire more new assets, 50% people in US are at bottom level of I quadrant, they dont have anything to invest, money can be created at the speed of light, today savers are the bigger losers,
Bond is another name of saving, causing ripple effects, Two mind is better than one mind, success attracts money, success in B quadrant life is easy, True capitalist do not have money, they believe in OP ( other people ).He knew how to raise capital from OP, A true capitalist must know, He was not interested in grades and credentials, My rich dad did not finish high school, Education of Rich dad, Not the education of traditional school, A true investor is successful in any market condition, the best education i can asked for, Simple and painless process, only willingness to learn, u can teach monkey to save money, people can lose money in gold if he buys at wrong price, Bank needs borrowers, investor level 3 loses and nothing , linvestor level 4, life long learning, investor level 5, a world has no borders, keep learning and keep giving, give more to receive more, living paycheck to paycheck, going to school for advance degrees, freedom is power to choose, ROI return on investment (10%), higher the return is extremely higher risk, hft high frequency trading , investing without insurance, my ROI return on information, infinite return with lower risk, infinite return means return on nothing, return on zero. I was learning to make money on OP, which is the secret of all true capitalist, Capitalist is generous, ROI the best ROI is return on information, information means useful meaning, Ticket to B quadrant is the ticket to financial freedom, she is nun by profession, she is not a poor nun, i recognise not only strength, address the flaws and strengthing the strength, addressing my own flaws, work on improving myself, We are investor not gambler.
How to shift from E to B without any risk,
We cannot see money with our eyes, we see money with our mind, financial strategy, person who sees money through mind has tremendous power over those who dont, 5% through your eyes and 95% through your mind, u take advise from people who are financially blund, train your brain to see the money, u are speaking a foreign language, 4 quadrants are four different language, if u cannot see the money with ur mind, it will not stick to your hand, being financially educated is risky, bad advise is risky, decision based on your own financial information, must do your part for being educated, Emotions overpower logic, Game of money, magnify money ten times, know the name of the game, the game was played against me, the name of the game is capitalism, i dont make the rules but i know the rules of the game, If u take risk, you should be paid, Making money is common sense not a rocket science, but this common sense is very uncommon when we talk about money, game of money is played on me , played on you and played on every body, Facts and opinion, your financial planning should be based on facts or opinion, Most people struggle through out their life , why ? Because they are following the opinion of other people , what is an asset , you are following a opinion or facts, Lifetime financial liabilities, Rich Dad chukled to himself, the earth doesn't have enough money for each one of us, Analysis and paralysis, too many short cuts, Average americans are 3 paychecks away from bankruptcy,
Money is an idea clearly seen by our mind not by our eyes,
Bringing out the best in you, keep trying, you will become somebody, real issue is about internal changes, who u become in the process, Money is drug, you become accustomed to get money the way u get, it is addiction, The world of money is a large one system, money signifies life itself, drowning battle seeking air, your fear put aside your passion, passion builds businesses not fear,
Dont allow your Fear fill your head and heart, my mind drifted to high school, phenomenal, wiping up the market, Build your system around your passion, Everything is advertised by the word of mouth, Passion builds businesses not Fear, Take Head on to this new world, Ot is more secure on the right handside of the quadrant, when i teach people to expand their means rather living below their means, so that i can enjoy the life that it has to offer, Left side is riskier, number becomes your eyes, You have to see success with numbers, being financially blind increases your risk, Numbers tell you the fact, number reduce the risk, Go fast but dont take shortcuts, expand your means rather than live below your means,
If u do what most of the prople do, u will get most of the people get, Common sense is very uncommon, loser mentality will always lose, you become a financial power house, very hard to change your core belief, not what u do but u feel, u think about yourself, do it yourself mentality, do everything themselves, they hate doing mistake, play safe dont take risk, Fear make u prisoner, Emotional IQ is more effective, more stronger than Academic IQ, When emotion took our rational thought, Emotional thought sounds logical, i hate the feeling of being rejected, Different quadrant, different core values,
Battle between the Rich and Educated, Struggle between the rich and educated, poor dad takes great pride of his studies, they grumble we put the hard work and they make all the money, educated dad was defensive, money and free time, core emotional thinking, emotional driven thought, risking their own money, making and losing money is an emotional subject, fear paralyses your thinking, self doubt haunted me for years, mistakes leads to wisdom and knowledge, success is a internal journey, Mentors who have crossed the bridge, Losing is a part of winning, emotional intelligence is connected to financial intelligence, when there is fear or risk of money ,people start chatting about security, insted we have to learn to manage fear or risk, more emotional than technical, people in the left is play it safe, it is a emotional subject, they dont reommend the journey, losing and winning is a part of game, many rich people go broke before they became rich, reccommend for all of u , crossing from the left to the right, what u become in the process, is priceless,
Be the Bank not the Banker
Something big is going to happen, counted down to shelter their income, Major layoff was announce, downsizing , people suffered the most, when people in the left side was suffering, the people in the right side was making money, govt policy takes the wealth from left side and hand over to the right hand side, Remember money is seen through mind not by eyes, emotional thought blinded them, more and more u expand, less and less work u have to do, fast breaking economic changes, history repeats itself, tax loophole has been taken away, great transfer of wealth is in process, great transfer of money from left to right, leave emotional scars, is this a consipiracy, playing a big game of money, On the left side people want to blame someone , mostly they blame the rich for it. They dont blame themselves for lack of information, history will repeat itself and again huge transfer of wealth will take place, i was training my mind to see what my mind was unable to do, Evolution of modern capitalism, paul pilzer unlimited wealth, How to play a bank, Rich create money, Create money from nothing as the bank does, Think like a bank , creating money from nothing, corporation is made to protect the asset of the rich, Bylaws of your company, just make sure you follow the rules, not breaking the rules, keep your job in E and S and keep investing some time in B quadrant, Choice of security or choice of freedom, Ray rock founder of Macdonald, my business is not humberger , my business is realestate, It should be a bonus not the reason, People on the right side operate very similarly around the world,
How to be successful in B and I
Start taking baby steps before u start running, Financial hole you have dug for yourself, how do u eat an elephant, if u want to be rich, u need to change the rules, The rules has changed, Nothing is the same anymore, industrial age financial statements, financial statement is just like x-rays, beacuse what u can see , the B and I quadrants cant see, who has financial cancer and who is financially healthy, A person who has financial cancer are those who have Indistrial age idea, Why do i say that because in industrial age people do not have to think for tomorrow, Your employee or your govt will take care of all your tomorrows, what does your tomorrow look like, people with no assets, planning for cashflow,
It is just like learning a foreign language, they have fun in the process, When they start realising, they start feeling they are in financial trouble, The information of industrial age can be disastrous in informtion age, addicted to an idea of high paying jobs, agrarian and industrial age, work hard and work smart in information age thinking, reeducate yourself and think like a rich person, financial intelligence and emotional intelligence, How to think like a rich person, accumulating cash flowing assets, live within your means before u expand your means,
Difference between Risk and Risky, your asset column must be longer than the liability column, investing is not risky, being financially uneducated is risky, Rich person focusses to acquiring his assets not working hard, Due to lack of financial knowledge many people live at Red line, the income and expenses are at same level, Unable to change when the economy is changing, problem leads to opportunities, Within every problem there is an opportunity, finding your fast track, people will come to you to seek advice, excellent hedge fund management, practice what you preach, Become a B forst than become an I. Investing will bring more problem if u dont have business,
Mentors tell u what is important and what is not important, mentors helps u to think like a Rich Dad, Rich dad did not believe in living beyond the means instead he believed in expanding his means, He focussed to acquire and build assets, Reverse role models, bad role models, Teaches what not to do, professionals have coaches and amateurs do not have mentirs, seek out role model and seek out reverse role model, you are looking at your future, if u want to change your future, you need to change your thought, Instead of changing myself i was pressuring others to change,
Make your disappointment your strength, if people are lame they feel to blame, You can turn your disappointment into your assets, in every disappointment there is a gem,
Power of Faith , mirror reflects much more than mere your image, it reflects your thoughts, deepest thought is the reflection of our soul, personal truth is spoken at the time of peak emotion, words that reflect your soul, Invest ...you want all money to lose, What will my friends say, all words are mirror,
You will always hold you back,i am tired, i dont want to learn anymore, i want to learn something new and be excited of my life, A new world will open for you,
Own financial fast track, live within your means and expand your means, keep it simple dont make it fancy, find your own unique path, your boss job is to give u salary but your job is to find the path of wealth,
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