Thursday, May 28, 2015

Your mind is your biggest source to wealth


“The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth in what seems to be an instant.” 


Robert Kiyosaki is a Japanese American investor and author of popular book 'Rich Dad Poor Dad' where he wrote of his two dads. His rich dad taught him to think differently, inspired and helped him get rich on his own.

Wednesday, May 27, 2015

Leadership in business important

When starting a business, you must decide what kind of leader you are and what kind of leader you want to be. There are leaders who lead via intimidation and leaders who lead by inspiration. A leader who intimidates his/her followers makes them smaller in experience, in intellect and in spirit. Hitler is the perfect example of such a leader.

A leader who inspires educates and grows his/her followers until they become leaders themselves. I think of the Dalai Lama, Gandhi, Martin Luther King Jr. and so many more.

Your job is to decide the type of leader you want to be.



Robert Kiyosaki is a Japanese American investor and author of popular book 'Rich Dad Poor Dad' where he wrote of his two dads. His rich dad taught him to think differently, inspired and helped him get rich on his own.

Tuesday, May 26, 2015

Rich people make mistakes and learn from them

”You will make some mistakes but, if you learn from those mistakes, those mistakes will become wisdom and wisdom is essential to becoming wealthy.” - Robert Kiyosaki 

Monday, May 25, 2015

Rich vs Poor - Robert Kiyosaki

Working vs Non-Working

“The only difference between a rich person and poor person is how they use their time” 



Robert Kiyosaki is a Japanese American investor and author of popular book 'Rich Dad Poor Dad' where he wrote of his two dads. His rich dad taught him to think differently, inspired and helped him get rich on his own.

Wednesday, May 20, 2015

Not getting a paycheck should not stop you from running your business


“When I started my last business, I didn’t receive a paycheck for 13 months. The average person can’t handle that pressure.”



Robert Kiyosaki is a Japanese American investor and author of popular book 'Rich Dad Poor Dad' where he wrote of his two dads. His rich dad taught him to think differently, inspired and helped him get rich on his own.

Tuesday, May 19, 2015

Respect money but dont worship it

"Don’t be addicted to money. Work to learn. don’t work for money. Work for knowledge."


Robert Kiyosaki is a Japanese American investor and author of popular book 'Rich Dad Poor Dad' where he wrote of his two dads. His rich dad taught him to think differently, inspired and helped him get rich on his own.

Monday, May 18, 2015

Self employment can be tough but dont give up

Many ‘experts’ say, “Entrepreneurs fail because they are under capitalized.” This fear of being “under capitalized,” this lack of money as well as the absence of a steady paycheck, is what keeps most people clinging to job security as an employee. But it’s not why entrepreneurs fail.

While being undercapitalized is a challenge, it is not why most entrepreneurs fail. It’s a lack of entrepreneurial education, real-world business experience, and guts.

Every entrepreneur I’ve ever talked to says they are “under capitalized.” They never have enough money to meet all the financial obligations required as an entrepreneur, let alone the capital needed to grow their business. Yet, somehow, true entrepreneurs keep going. Then one day, for some entrepreneurs, the money starts pouring in. It may take years.

I always find it amusing when I hear people say, “Oh, she was lucky.” Or “They’re an overnight success.” Few know or appreciate the real story behind entrepreneurial successes. The reason they succeeded is they learned the secret. The secret to leadership.

The primary reason why most new entrepreneurs fail is simply because they lack the core training, the core strengths they need to withstand the rigors of being an entrepreneur. Some people call it guts. Others call it perseverance. In the military, it might be put this way: “Stand up, get off your butt, stop feeling sorry for yourself, stop pouting, stop sucking your thumb, and get going again. Your mama is ashamed of you—because your mama is tougher than you are.” I think you get the point here.

Another important reason why most entrepreneurs fail is because our educational system trains people to be employees, not entrepreneurs. The world of an employee is very different from the world of an entrepreneur. One big difference is the concept of paychecks.

If you think about it, you’ll realize that the person who signs your paycheck controls your life. Shouldn’t that person be you? It probably should be, if you are strong enough.

If an employee does not receive his or her “paycheck” they quit and go looking for a new job”. Most entrepreneurs must be tough enough to operate, sometimes for years, without a “paycheck.”

The military taught me a toughness I greatly valued later as I became an entrepreneur. The leadership I learned through the military gave me the tools I needed to become an entrepreneur.


VIA http://www.richdad.com/Resources/Rich-Dad-Financial-Education-Blog/May-2015/why-do-most-entrepreneurs-fail.aspx

Thursday, May 14, 2015

Move aside instead of setting up road blocks

“You’ll often find that it’s not mom or dad, husband or wife, or the kids that’s stopping you. It’s you. Get out of your own way.” - Robert Kiyosaki


Wednesday, May 13, 2015

Robert Kiyosaki learnt from his mistakes

I still recall experiencing the highest of highs and the lowest of lows as I learned to build a solid business. I remember some of the old advertising copy I wrote that never sold anything. I remember some of the brochures I wrote where no one could tell what I was trying to sell. And I remember struggling to learn to raise capital and spend my investors’ money wisely in the hopes of building a powerful business.

I also remember going back to my investors and telling them that I had lost their money. I am forever grateful for the investors who understood and told me to come back when I had another venture for them to invest in.

Hard lessons are the pavers to success

However, through it all, each mistake was a priceless learning experience as well as a character-building lesson. As rich did said, the risk at the start was very high. Yet, as I stuck it out and continued to learn, the rewards truly were unlimited.



Robert Kiyosaki is a Japanese American investor and author of popular book 'Rich Dad Poor Dad' where he wrote of his two dads. His rich dad taught him to think differently, inspired and helped him get rich on his own.

Tuesday, May 12, 2015

To succeed in business you need more than an idea

Many people think that all they need is a great idea to build a great business. Ideas are a dime a dozen. To build a successful business, you need more than an idea. You need to give shape to that idea through systems, processes, and a great team.



Robert Kiyosaki is a Japanese American investor and author of popular book 'Rich Dad Poor Dad' where he wrote of his two dads. His rich dad taught him to think differently, inspired and helped him get rich on his own.

Monday, May 11, 2015

You can be a business owner too

When I look at the 10 percent of Americans who control most of the country’s wealth and big businesses, I understand exactly how they got their wealth. They found their spirit and their mission, built a business, and allowed others to share in their dreams, the risks, and the rewards. This list includes people like Bill Gates, Warren Buffett, Rupert Murdoch, Anita Roddick, Richard Branson, and others.

You can do the same thing, if you want. 

As Helen Keller said, “True happiness is not attained through self-gratification, but through fidelity to a worthy purpose.”




Robert Kiyosaki is a Japanese American investor and author of popular book 'Rich Dad Poor Dad' where he wrote of his two dads. His rich dad taught him to think differently, inspired and helped him get rich on his own.