RICH DAD POOR DAD | S5 – E44 | LESSON VII | OVERCOMING Bad Habits

When I decided to exit the Rat Race, it was simply a questionof “How can I afford to never work again?” And my mind began to kick out answers and solutions. The hardest part was fighting my real parents’ dogma: “We can’t afford that.” “Stop thinking only about yourself.” “Why don’t you think about others?”...

RICH DAD POOR DAD | S5 – E43 | LESSON VII | OVERCOMING Laziness

Busy people are often the most lazy. We have all heard stories of a businessman who works hard to earn money. He works hard to be a good provider for his wife and children. He spends long hours at the office and brings work home on weekends. One day he comes home to an empty...

Rich Dad Poor Dad | S5 – E42 | Lesson VII | Overcoming Cynicism Part II

My point is that it’s those doubts and cynicism that keep most people poor and playing it safe. The real world is simply waiting for you to get rich. Only a person’s doubts keep them poor. As I said, getting out of the Rat Race is technically easy. It doesn’t take much education, but those...

RICH DAD POOR DAD | S5 – E40 | LESSON VII | Stories of Failures

In my own life, I’ve noticed that winning usually follows losing. Before I finally learned to ride a bike, I first fell down many times. I’ve never met a golfer who has never lost a golf ball. I’ve never met people who have fallen in love who have never had their heart broken. And I’ve...

Rich Dad Poor Dad | S5 – E39 | Lesson VII | Overcoming obstacles

Once people have studied and become financially literate, they may still face roadblocks to becoming financially independent. There are five main reasons why financially literate people may still not develop abundant asset columns that could produce a large cash flow. The five reasons are: Fear Cynicism Laziness Bad habits Arrogance I have never met anyone...

RICH DAD POOR DAD | S5 – E38 | LESSON VI | People Skills

Today, I meet ex-schoolteachers earning hundreds of thousands of dollars a year. They earn that much because they have specialized skills in their field as well as other skills. They can teach, as well as sell and market. I know of no other skills to be more important than selling and marketing. The skills of...

RICH DAD POOR DAD | S5 – E37 | LESSON VI | Don’t Build The Hamburger; sell the hamburger

The world is filled with talented poor people. All too often, they’re poor or struggle financially or earn less than they are capable of, not because of what they know, but because of what they do not know. They focus on perfecting their skills at building a better hamburger rather than the skills of selling...

RICH DAD POOR DAD | S5 – E36 | LESSON VI | Logic

In school and in the workplace, the popular opinion is the idea of specialization: that is, in order to make more money or get promoted, you need to specialize. That is why medical doctors immediately begin to seek a specialty such as orthopedics or pediatrics. The same is true for accountants, architects, lawyers, pilots, and...

Rich Dad Poor Dad | S5 – E35 | Lesson VI | Learn A Little About A lot

In school and in the workplace, the popular opinion is the idea of specialization: that is, in order to make more money or get promoted, you need to specialize. That is why medical doctors immediately “You want to know a little about a lot” was rich dad’s suggestion. begin to seek a specialty such as...

Rich Dad Poor Dad | S5 – E34 | Lesson VI | Learn to Work — Don’t Work for Money

Job security meant everything to my educated dad. Learning meant everything to my rich dad. Robert Kiyosaki - Rich Dad Poor Dad Interview in Singapore with interviewee lead to this... “I’ll never stoop so low as to learn how to sell. People like you have no business writing. I am a professionally trained writer and...