Respect the power of leverage, Use the power of Leverage wisely, Can everyone be rich, Yes, if u use the power of leverage wisely...
If everyone has the potential to become rich then why few of them become rich, We all have the powers to become very rich....
We all started without much money but we retired young and rich.
Why some are very rich and some poor inspite each one of us are having the powers of leverage, Power of Cash flow, and Power of Leverage...
Why money alone doesnt make u rich, unless Your mind applies leverage principle , your words produce leverage....
Your brain can be a powerful asset or your brain can be a liability, what u think in real becomes your reality,
Health
Health is very important form of Leverage.
People do not appreciate the value of their Health until they begin to lose it.
What benefit will early retirement serve you if u are too I'll to enjoy it ?
Time
Time is also an important Leverage. Once people begin to fall behind financially, it is often difficult to find the time to get ahead in life.
Power of leverage is used, abused or feared, Use your brain in your favour, our cash flow from our investment is in millions, Get a job and start saving for your future, We have to educate the people in information age about Money,
The true education is the financial education,
We Cannot predict your future with our traditional education, the old economy is making u suffering from hardship after retirement,
Time is more important asset which is running out, if u want to retire young and retire rich, practice financial education..
Remember this short story :
Three birds are sitting on a fence, and two decides to fly away, how many birds are left on the fence, ...what 2 .. No, i are misled, the two Birds have only decided, sitting on the fence not acted.
One day u will become a financial giant, by using all your leverage resources u have with you.
Chapter 2
Leverage can be used in ur favour or against you, poor words produce poor people, A journey from Broke to Rich, is a journey of changing your mindset.
Begin the journey for retiring young..use words that convey dignity and empowerment, increase confidence, and motivates recipients.
Low self confidence are filled with doubts and fear.
If u have Very high hope but very little resources with you, never mind, we will support you in this journey. The journey of entrepreneurship is very thrilling, entertaining and filled with learning .
The business was putting money in my pocket, There is priceless education and experience in our business.
Let's go for freedom, Let us first survive for 6 months in our business, Let us have big dreams and build our self image. Whatever your mind can conceives, your heart believes, it can be achieved.
Most of the people talked low about me and my self image was getting weak and feeble.
I could not think about big dreams. I feared thinking Bigs.
Our business opportunity is a simple and duplicapable road to wealth, it leads u to great end.
Retire rich and retire young, is a good idea but you have to submit to a system.
Lack of self confidence leads to argument, disputes and discontentment.
Always set a big goal, every body must have a big picture of our Life in front of us.
Never argue against a good idea. Learn and grow and get better .
It is not how but Why,
Why gives u the real power, it supports you to a positive mental change,
i was fed up with my broke life , i was tired of being average,
I was counselled to find my Why, than u can easily find your How ?
Be Passionate about your dream, about your Future. Passion gives u consistent energy,
Chapter 3
Hardest thing to do is nothing, even if they hate their job but still they do their job, i cannot stop this madness,
Chapter 4
Chapter 5
Financial tool mutual fund, information rich financial tool,
The rich use debt to gain ( to invest ) , the poor use debt to lose ( to consume ).
My rich dad said, neither be a borrower or lender, settle ur bill as soon as it be, My rich dad knew, How to harness the power of financial leverage, but my poor dad didnt, poor class easily go to buy liabilities, they use the financial power of bad debt, Power of good debt to propel ahead , understand the principle of leverage, Leverage through relationship, incompetent person, financial leverage, impossible to become rich if ur spouse doesnt want to become rich, doctor uses the tool to do his work effectively, Academic education, professional education, and Financial education, The future of work is Leverage, Doing more and more with less and less, keep this idea in your head, this will help u to retire young and retire rich,
Chapter 6
My rich dad can afford an expensive piece of land, which my poor dad said i cant afford it, radically moved the direction, it will become part of your reality, investing is not risky, their ideas are real, Kiyosaki says, if u want to be rich, you should start a business, Mind ur own business, mind your portfolio, 9 out of 10 businesses fail, 1 out of 10 make it, i am not the part of 9, If u are not willing to fail, your thought is very risky, Cautious, 1 out of 10, dont people are not prepared for running a successful business, more and more people become an employee, inspite of this risk, nation will not be prosperous, people taking risk are making the nation prosperous, if the reward is big, people make strategy, money making strategy, why no to team making strategy, Regardless of how much money you have, Winning strategy must include losing, Losers plan always want to win no place of making error , retirement contingency plan, Losing is bad, losers keep losing, winners keep winning, if the reward of winning , Risk and Rewards, These two men change the world permanently, Fail before flying, wright brothers, reality within, first human can fly, human being can never fly, idea from known reality, But reality was out of their realm, out of the box, can u think out of the box for long period of time, u will become richer and richer,
Our mind is a powerful tool of leverage, Change your vehicle and change your education to change your quadrant, An employee has 30 day vision of their life, Earn while u sleeping, Failures are everywhere, successful people are to be found, Limit exists only in the mind, Mind has the power to see what it seems real to u, and it blind itself to any other reality, people will have always have their own reality, People said People can never fly, wright brothers have their own reality, if u want to retire young and retire rich, You have to take control of your own reality, making more and more money with less and less effort will become easier and easier, if u cannot change ur reality, it will take longer time than u think, My rich dad ability to continually change his reality ultimately made him rich, it was his ability to change his reality, On other hand my poor dads inability to change his reality made him work harder and stay poor, I cant afford it constantly kept him poor,
Number one leverage is your mind, it is where your reality is born, constantly expand your reality,Ask yourself, How many times i will lose before i win, How can i afford it, how can i do it, will change your reality, will change your point of view, Rich dad has the ability to change, control and expand his reality, He became richer and richer by working lesser and lesser, On other hand, my Poor dad chose to live in his reality. Poor dad worked on his Only reality and work harder and harder and stayed poor entire life, He had one fixed reality, he did not change and expand his reality, instead of changing his reality, he kept saying I can't afford it, I cannot be rich, I am not interested in money, His words become his life's reality, if u want to change your reality u have to keep expanding your vision, My Rich dad consistently reminded me, your thoughts and your words actually will become flesh , I realised I have to think beyond my reality, Wright brothers sent years before their thoughts became reality, we have to Live outside our own reality for years, we often entered into arguments, occasionally criticised for being dreamer, reckless, foolish, risky, faith of our conviction, realm of possibilities, it takes courage to expand your reality, person who are not willing to expand their reality are not going to become rich, Rich dad advise to expand your reality is to read the autobiography of successful people , Becoming rich is not a mans world, Body for life, Book, physical wealth, reason to find for losing the weight before u start the program of losing weight,
Being frugal, cannot become rich by becoming frugal, right expenses , bad expenses, learn to spend money, heal and grow again, beyond your limits, most people are not successful because they avoid failure, most people look failure as bad, Rich dad advises failure is good for learning and success, I have learned more after I fail than before I fail, Of course it hurts me but healing process makes me feel more emotional and more powerful, My rich dad ability to continually change and expand his reality has made him more successful, if you want to become healthier and wealthier you have to go beyond your reality, u have to live your life in the realm of new possibilities, if u really want to expand your reality, exposure to realities u want to achieve,
Chapter 7
You have vision of two strong fathers Rich Dad and Poor Dad, it may be contradictory to listen to two different realities, They both thought they are right but occasionally thought the other is right, but a person who raised him to top of govt ladder, ,
Climbing the ladder of govt office, Rich dad was working hard to lift himself to become rich or wealthy, people were taking notice, he was not a obscure figure, people started wondering who this person was buying property at Hawai, Rich dad started with nothing but had a long term plan, They think exactly the opposite, middle class save money, rich class invest money, reality of poor dad, reality of rich dad, u are missing my reality, crept in my reality, Learning to build the business is just like learning anything, downsizing, Middle class people think, Rich people are only interested in money , they are not interested in poor people, Rich dad aaks Do u understand the difference between thinking, Becoming Rich is thinking differently,
If u want to become rich, you have to think exactly opposite as u think now, if u work for job security, u have to keep working harder and harder till the end of your life but if u work for financial freedom, u have to work harder and harder for your initial years but later u have to hardly work. U will have more and more cashflow for ur entire life, which one is smarter. Poor dad says investing is risky and saving is smart. Rich dad chukle with their comments, saving money, and investing money are doing exactly the same thing but the thinking is exactly the opposite. Before i give u the lesson, may i ask u a question, What do your parent do to save money, Name one thing that u spend most of your time doing, That is only a different reality, freeze your portfolio, your realities are different, investing his risky, but saving and investing are different doing the same thing but with different reality, we operate with different mindset, job security is smart and building business is risky, doing same thing but with different mindset, Same work but with different mindset, both have taxbreak, but my taxbreak is making me rich and other work more harder and harder, marrying for money is a very popular sports, how to become rich by becoming generous, doing more and more by becoming less and less, how i can serve more people, believes in pay raises, wanted to be paid overtime, paid extra, we all come with different realities, he exploited the worker from their realities, smart thinking, more apartments less rents, middle class people think rich are greedy, reality i was choosing was a reality of my Rich dad, i have a choice of reality, how to be more and more generous and not greed, different quadrants are different realities, BI quadrant comes with power of leverage , S quadrant serve people personally but B quadrant serve with a system,
Chapter 8
How to work less and get more, Begin to ask how u can serve more people, If u want a raise u are working for wrong kind of money, There is a good debt and bad debt, most of the people are loaded with bad debt, There is a good income or a bad income, when u ask for raise, u ask for bad income, if u want to retire young and retire rich, u have to work hard for good income, portfolio income is from paper assets, bonds, share, mutual funds, etc, Passive income is generally income from realestate, or income from intellectual value, songs , books etc.The worst type of income is the ordinary type of income, Highest taxed income and have no control over that income, When u hear govt is giving tax break to the rich, They are referring to tax break on investment income, perceived value, the growing gap, bridging gap, tax on money on capital gain is deferred as long as we want, 100% growth in two years, We used govt money not OPM to become rich, kept our industry vibrant, tax free bond, appreciation of our property, depreciation of our property, legal loop hole, enough money to acquire assets, expensive advice is free advice, Some people thought smart other thought risky, earn more and work less, taxed on balance what is left, price of job security is very expensive, Becoming rich and staying rich, Working for free is not a part of reality, Tax free money, highest tax of all income, Working harder and harder for 50% money, My poor dad earned higher income than my Rich dad, but eventually my Rich dad passes and surpassed my Poor dad income potential, Ordinary income is an income from my labour and my Rich dad income was from my assets,
How can i be working for free, u put your mind on another reality, very few people are willing to work for free, and so there are few people who are rich,
Chapter 9
This chapter is for those who feel they are less unemployable or unemployable, Your perception is your reality, Changing your reality from middle class or poor class to Rich class is just like u are habituated of eating of your right hand and now u have to practice eating with your left hand, It is not hard to do, anyone can do it, if he perseveres, it may not be the easiest things to do either, Fastest way to become rich is to change your reality faster, that it is easier than said, My rich Dad said, most people will live within their means rather than expand their means,Working harder all their life, and there are some working hard and changing their realities and getting off for rest of their life, Switching metaphor from right hand to left hand, Content vs Context, learning to shift from right hand to left hand, Poor reality or middle class, do not have capacity , the money slips away, Rich Dad say, there is plenty of money in the world, how to expand my capacity, by wathing ideas, money is just an idea, open mind, flexible mind, old economy content was king, in new economy the context is king, mission impossible, Retire young retire rich, keep changing my realities, realm of new possibilities, financial success, expand your vision and change your reality, I am older and hopefully wiser, context determine content, content plus context is complete capacity, power of ones reality,
Chapter 10
A plan is a bridge to your dream, if u are on one side of a bank of a river, and your dream is to reach to the other side, but you are not making a bridge, you dream will be a dream for ever, and it will never get converted into reality, Poor dad advise to support or supplement the social security income by another job, My poor dad always said, i will invest when i have some money, i am busy now, will talk to you afterwords, i cannot afford it, Speed at which u can change is the speed of your growth, very fast plan that make u richer and richer, what is the fast plan, Basic tenets, Fast ideas and slow ideas just as fast train and slow train, Most of the people in money term is in slow train and looking the fast train pass by, if u want to become faster way to rich, u have to produce faster ideas, If u want to make a house, u will hire a architect, and make a plan to work, but the same people when they have to make a fortune, they don't understand where to start. There is no blue print to wealth, poor dad advise Work hard and save money, How to build a faster plan of your economy ? Choose your exit strategy first, next what should I invest in,
Retiring poor or Retiring Rich, what is your startegy,
Poor 20000
Rich 1million dollar / 7 crore / year.
Ultra Rich 1million dollar/ month
Middle class
Where u want to be after your working days are over, investing for a long term, job security and frugality, middle class and affluent level , take a fast train, high speed ideas and faster plan, to reach rich and ultra rich level, invest in real estate, We have time money and friends , we continued to build businessess and invest in real estate, we made mistake , correct it and learned, Our income potential is just started to take off, Trend is working less and less and earning more and more, Things are going according to a plan, Two tracks are emerging, the fast track and the slow track, Important part of our plan, gap of realities, widen the gap, great career with great company, idea of quitting high pay job, many of them dont have the desire to climb the corporate ladder, they want to start their own company , they want to start their fast track, and that take public, kids talk about , how do u handle change, depends upon social security or medicare, school system is his shelter, realities or context, change your context and change your realities, ship is living the dock, they are not able to see the future, they are stuck with the time that has past, How do u prepare for the future ? They see the future from their own eyes, If u want to see how the world would be observe a 15 years old boy or girl, observe the world from their eyes and you will see the future,
If you See the world from the younger person point of view, you will see a much bigger world, a world with tremendous change and world full of abundance opportunities, there are businesses and investments that will create bigger fortune, you will see a school child becoming a billionaire of the future, Ship is leaving the dock full of opportunities, are u willing to board, questions is with u, Attacking technology change, they are frozen with time, Some is amazing and some is life changing, frozen in time, move with time, seeing in the future, gazing the future is the science of becoming rich. People became millionaire by following the trend, Henry ford, Bill gates, they all followed the trend, Investor lost the future, Dont miss the next boat of future, context and content of the world is changing so quickly, Window of opportunity is also narrow, take shot at this window, good start is better than not starting at all, too risky , will go in depression, i am the Bill gate of the future, stock market is stable for last 40 years, unfozen, change your friends ie your context to change your future, retire at or around poverty,
Chapter 11
1 million dollar a year, they do not think, u can think one day u will reach there, ur future is created what u are doing today not tomorrow, investing is a plan not product, plan is a bridge to your dream, make ur plan real, ur dream will come true, took our shots, what u are doing today is your future, he can supplement his social security income, change of reality, i will invest when i have some money, he was poor because his thoughts were poor, change your reality by changing your plan, changing your words, changing your context of job security, begin with , begin with a change in your plan, Teaching vocabulary of rich people, I play the game everyday, you teach the game everyday, swinging the parents axe, if money is an idea, idea is made up with words, saving is a slow words, how to raise capital, is a learned capital, More u seek security, more you give up control over your life, There are two worlds , Responsible world that control their life, their future other is Victim Society, both see their world with their own context, Risk vs control, victims give their life to control someone else, its not you boss job to make u rich, i never received college degree from these tapes, but i got financial freedom,
Wants ur context to be same and want different content, play cashflow only once, did u get out of the rat race, I dont want to play the game and want to become rich, blank look, Fast track or rat race, Roger rice says , High paying job Slow words or Cash Flow Fast words,, difficult to teach a peeson who says he knows everything, u cannot teach a person with a closed mind, leaving below the means, content and the context,
Chapter 12
Debt Equity ratio, improve your financial vocabulary, passive income to me is just as pay raise to other person, selling investment product, they are only working for an ordinary income, Word becoming flesh, use words as a tool, millions of people are worried about the future, portfolio income for their oldage, mutual fund pays average of 12% a year, words and actions do not match, words and actions are hope, you are as good as your words, never plan promised which dont want to keep, plan with integrity, matching my words to my actions, will never have their bigger dream come true, breaks his agreement, breaks his promises, people will not help u to make your dream come true, Once u know the difference between saving and making money, depreciation of money and appreciation of noney, he sounds very impressive, slings the words, power of the words, there are preachers and teachers, walk the talk, words are the food to brain, people are unhealthy who use the word tomorrow, problem with tomorrow is tomorrow never exists, today is the word for winners, tomorrow is the words of losers,
Chapter 13
Financial power house, you will find there are people, smarter, faster, most stronger than u, poor has the House of straw, straw of sticks and rich have the house of bricks, rich girl do not go out with poor boys, Rich dad chukled, boundary of my comfort zone, i wanted to quit, my self confidence was challenged, After sweating, praying , after turned down by the bank twice, fifth and sixth bank. Convincing the bankers , the sixth banker says yes, realestate market slides, price of realestate skyrocketed,if u dont have cash reserve, 10000 dolar a month, willing to expand your context, increase your reality and your education, beyond going their comfortable zone, personal reality, asking synically, passive income 16000 dollar a month, new context, new content new friends, if u get the formula of getting rich, u will get rich someday, if u dont getting rich will always be difficult, if u get rich, it becomes to get richer and faster, we want to invest in stable properties, people who complained about taxes are E and S quadrant, B and I are partners to govt because they generate job and opportunities for people, time to become uncomfortable, govt will give u buy your assets, if u have a proven track records, non recourse, hate recourse loan, the best way to get rich because we do goods to lot of people, slum into save housing, Do u remember, what could have happen, if I would have said i cant afford Amway Product,
Chapter 14
Few exceptions, We have the best path for Financial Success, selling your Labour for Money, The problem with is that your labour has no longer value, Quantum leap on wealth, value of your assets grow exponentially, value of your labour grows incremently,
Quantum leap of success, Quantum leap of wealth, exponential bursts of wealth, metcafs law of wealth, 1 fax machine economic value =1, but 10 fax machine econmic value =1+1square =100,
Mu rich dad economic power growing up exponentially working less and less, but my poor dad economic power remained same but was working more and more.
The question is what is the power of 1000 square, Metcafs law, law of network, required education and mind set, excess cash to realestate, metcafs law measures the power of network, network with time will make u rich, harness the power of generosity, powerful communication networks, network for economic success, network powerful form of leverage, more stronger and more viable, work harder and earn less in the long term, They will work only if they are paid first, proposal of more work, i am looking for employees not partners, Rich dad always taught me to work for free rather than money, The reason they will not become rich not becuase they are greedy, but they are not generous enough, there is no leverage in days pay for days work, Rich dad advises to Work for free because he teaches u to to build your assets before u can earn, you are learning delayed gratification, who get paid first and who get paid most, i want u to work for building assets than to work for money, people who get paid first are paid least, He is in a business of building assets, realises assets over money, rich dad diagrram, i work for free because i want the big money at the end of the day, wages grows incremently, 50 years to become billionaire, Bill gate 10 years to become a billionaire, Explosive network, exceptionally wealthy in short time, It stood Test of time and will stand test of future, stay focus on serving the needs of as many people as you can, Rich dad believed in the idea of reciprocity, Constantly reminded us the need to be generous, if u want a smile, be a first to give a smile, if u want love be the first to give love, If u want to be understood, be the first to have understanding, he also said if u want a punch in your mouth, be the first to give the punch in the mouth, he gave money because he wanted more money, he gave money to the churches, It has the power to transform, There are People who are Generous with time, because they give their time, they do not have much money because they dont give much money, if you Fear, the fear becomes your reality, when you love to listen something from a person, you like that, you are listening to your reality, Choose or rechoose your reality, where to give time and where not to give. Even if you give a single dollar, to your charity or your mosque your life is changed.if u have decided to give service to your people, u have decided to be extremely wealthy. Retiring young and retiring rich, The best leverage is the leverage to yourself, start generosity to youself, Rich dad always said, start small and think big, start improving your leverage ratios, Three peggy bank, one for saving, one for investing and other for giving ( charity ).
Chapter 15
Leverage of your actions, Actions speaks louder than words, Getting riching is simple. But most of the people work for rich rather than work for becoming rich, Do what the rich are doing, What you do with what u know, You have the ability to become very rich, The leverage of habits, habits make you rich or poor, Most people do not qualify for higher loans because they have poor records,
Financial education is finacial literacy. Book keepers, more insights and control of your financial life, All professionals hire professional book keepers, Family secret becomes toxic, before your financial problem become toxic, good expenses and bad expenses, prepare u for a better future, Your financial statement is your report cards, Tries to make the ends meet, surrounded by your team, all have money problems, poor people are poor because they handled money poorly, my team teaches me, Life reals problem and fictitious problem in school , colleges. Words are the tools for the brain, Share your life experience in order to help others, Your future will be enriched forever, constantly expand your context and your content, we now live in information age not industrial age, The greatest asset is the information on your head not mutual fund, stocks, bonds etc. World of rapidly changing information, if u want to become super rich in information age u have to look into the future, keep growing if u want to be super rich, people grow up in age but they dont grow up in experience, you are counting on social security, you are counting on govt. safety net, Growing up is doing things differently, there is no job security or financial security, childish fantasy, growing up is getting more and more responsible, faster u grow faster we feel the responsibilty, Industrial age is dead and gone, india will go in recession deep financial crisis,, Expecting Financial security from other, it is not industrial age, making mistake is failure he was a teacher, making mistakes keep you humble, people who dont do mistake are egoist, Humble prople always asked stupid question, when u prefend to be smart, that is the height of superority, In school we learned that there is only one right answer to a question but in real life yhere is always more than one correct answers, people are very argumentive, those who believe there is only one right answer, your habit will keep you younger, people who avoid failing avoid succees, The powerful force we all have is what we say to ourself, that is the best way to express your reality, what we are saying to ourself is what we are becoming everyday, when u say u dont want to lose money, in actual u are losing money, check your thoughts , how to get things that we want in our lives, my body began to tense up for the fear of failing, i had my entry and exit strategy on my table, i can feel the fear of losing deep inside my chest, Changed my intention from losing feeling to winning feeling, Winninh thoughts and winning feelings, Winners want to focus what they want, Loser want to focus what they dont want, winners keep the feeling of a winner even if they are not winning, can u adopt these habits, these simple habit your long term habits.
Chapter 16 Reread
Richer get rich when the market falls, how to keep your money moving, if u have to go richer u have work harder and faster, simlarly u have to use your money , it has to work hard and fast. It is like a bull dog, getting one word and ready to get another word, Traders vs investors, diversifying your paper asset, phantom cashflow, you can make fortune in Realestate,
Chapter 17
Train your brain to see what other cannot see, shopping for property, princess had to kiss many frogs, to find handsome prince, Most people work on impulse, experience is the great teacher, Underprice, Overpriced, offer has been accepted, Draw the vision of the future, hire planner, city council, address their concern, value of the property, i always think about rich dad context, His context is bigger, he thinks himself in terms of million, i still thinks from the E or Squadrants and he thinks from the B and I quadrant, what i learned is priceless that has changed my life forever, if u change ur context, u change ur future, where to keep your money, most rich people keep their money in the realestate, Rich dad made lot of wealth and parked his wealth in realestate, greater leverage in realestate, Becoming richer by investing Bankers money, Realestate is passive income,
Chapter 18
Leverage of paper assets, how to invest with less risk and more return, he lost million dollar in paper assets and now he has gone to work, Open mind and flexible context, Sophiscated investor can make money in up market and in down market, Average investor gain money in up market and loses money in down market, when markets come down Brokers say sit down market will come up, words that make u rich, hedge to protection from loss, hedge fund, not protecting your asset is risky, start gaining some experience, hedges against loss, misinforming your viewers, How to protect your assets, traders vs investers, investors and saver, diff betn traders vs investors, investors buys the cow for milk, traders buys the cows for slaughter, Traders know when to buy and sell, investors want to have capital gain buying low and selling high, make trend your friend, Sophistacated investors say, trend is your friend, uptrending market, bare market, not up not down, investing for long term with one strategy is a wrong , more buyers the trend is up, more sellers the trend is down, when to change strategy, how do you know trend is changing, velocity of money, dont want to own but want to control, strong and long discussion, beyond the scope of this book, Minimise your risk, doesnt it take money to make money, powers of words, live and ..., Losers context, keep your context open, Emotion has taken over the brain, inbuilt in the business, validty of the content, context of a winner, losers mind closes earlier than winners mind, winning context, losers always see the lossess never possibilities, winners always see the opportunities, Ensuring your assets against losses,
Chapter 19
Leverage of B quadrants business, Toughest quadrant , financial giant, flood gate of finance gets open, Richest game on the earth, start with the hardest first, Exit strategy, B Quadrant has nothing to do with your profession, Rich dad guide to investing, anybody who is willing to switch from E and S to B quadrant, velocity of ones own money, not bragging about my results, why dont people do B quadrant business, if it is so lucrative, hardest part of business working with people, if i learn to work with people, i can play the richest game in the world, powerful game on this earth, and can become very rich, If u can work with different kind of people, u can become rich beyond your wildest dream, Rich dad taught me to deal with different kind of people, People in different quadrants are different at the Core, unpleasant experience, decision can put u deep trouble, he was an employee in a large company,
Different tradesman and Entrepreneur, Entrepreneurs pull together different people from different professions and form a team for a common goal, Entrepreneurs dont get paid unless their team is successful, he may physically not work, but leading a team of different profession for a common goal, entrepreneur lead a team of architect, plumber, electrician ....for making a home, you dont have to go for War to develop your leadership , but you have to take challenges from where other run away, the size of the leader is the task of size they take, every community, every mosque, every organisation leads a leader, it takes leader to take individual into a team, protect us from betrayal from individual, Leaders do the right things and managers do the things right, Leadership is not a popularity contest, Leaders inspire others, A leader is responsible to his mission, to his team, But also leader is a good follower, Before i conclude, i leave u with this thought, Reward here is far more powerful than money, if u find this, your life will never be the same, the modern version, the best version, This invisible force is a great leverage to all of us,
Chapter 20
Get rich and stay rich, is a mental and emotional process than a physical process, if u are prepared physically and emotionally , u have to do very little physically. Leaders come from different context and content, economic honour we have, tips how to get rich, expand your realities, world without paychecks, is far more exciting than working for paychecks, if u want to retire young and rich, you have to think a world without a paychecks, if u are dependent on paycheck, your retiring rich and retiring young is slim, " How" will put u in anothee reality, u stretch your reality, Money will not make u rich, high paying job will not make u rich, Financial IQ is important than academic IQ,
U will able to see the world without jobs, different types of income that interests you, that expands your reality, conceive idea into your brain and begins to grow, part of your reality, Acquiring your assets is fun in this area, this job will not make u rich, Is telling future a lie, why do u say future as a lie, Future has not yet happened, it has the power to become rich, Lie has the power to become truth, As a therapist, people say horrible lies, i cannot become a rich, why not telling a future that want instead of saying that we dont want, Both set of lie become truth in future, Hard core lier have no integrity with your soul, Find a trusted friend, feel down, Tell them your great lies, the lies which u say , can bet he truth of future, Bogeyman ( evil spirit) hiding somewhere, telling lie about financial disaster, Lying about future can be your good luck, or it can paralyse your future, my rich dad taught me to convert my bad luck into good luck, habitual liar take professional help, do things on regular basis, choosing a right friend that can accompany uq in the journey, if u do not practice what u preach, Present context will argue with the future context, increasing youe wealth rather than losing it, Buy low sell high, In information age, getting richer with safety, Rich dad said Money is an idea, word is the most powerful tool that can be used by human being, so use it carefully, Beaware of improving constantly, use ur words carefully because your words become your future, We enjoy the game of money, Rich dad taught me to make money from nothing, she has been downsized, You have to spend money to make money, Big difference between bureaucrat and Entrepreneurs, Entrepreneurs do not know how to make money from nothing or next to nothing, big difference between baby business and small business, A baby business has a potential to grow into a big B business, Mindset behind the business, process u can do on the regular basis without any cost, Brainstorming session from where u are today to where u want to be tomorrow, just like going to gym for building your muscles, Super idea, building Intellectual assets, Brain is your mostly unused assets, Lazy people wants to get rich quickly,
Chapter 21
If u have all the money of the world and free time, what will u do, want to become unemployable or more employable, will u become rich by buying assets, when u ask questions, u find different ideas or different realities, what kind of life u want to live in,
Most of the people dream to live like a rich but they dont
Chapter 22
Overused sentence, share with u in greater depth, wonder land, most of the people do not share the true reality, i want to know the real reason, review your lesson, it will minimise your risk, his silence was , such world does not exist, it takes money to make money, you cling to your old belief, i cannot help u unless u decide to change, that is why so many people cling to job security, it is silly question and waste of time, you want to become rich but you want to live in fear of losing money, World without financial risk, a world full of abundance, a story behind every story, A world where is no risk,
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