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1. Have a reason greater than reality
One day, Robert Kiyosaki, the author of Rich dad poor dad, met a young girl that loved swimming. She wanted to swim for the US Olympic team, however, had to wake up at 4 am every day to swim for 4 hours before school. Most people would quit in that case because success does not seem possible. According to the girl, she was able to stay committed to her goal because she did it out of love. She wanted to swim for the people she loved.
In this case, love was the factor that helped her stay committed. Since being successful is quite difficult, having a reason or purpose will help you stay committed. Down below are some wants and don’t wants that can give you inspiration.
- You want to help your family live a better back
- You want to change the world
- You want to leave a legacy behind
- You don’t want to be poor
- You don’t want to be seen as inferior
2. The power of choice
According to Robert Kiyosaki, most people never become rich because they chose not to. They make up excuses like “It’s too much work”, “I’m still young, I do not need to worry about it”, “I’ll think about it in the future”, or “My partner can handle financial matters”. The truth is, reality is a result of the choices we make on a daily basis.
Robert says he was able to become rich because he made the choice to do so and focused on educating himself instead of watching TV. In one of the pages, Robert tells the story of a wealthy woman that had her house broken into. The robbers only stole the TV and left all of the books she read. The story illustrates why most people never end up being successful. Think about it this way, if you had access to all of the books Bill Gates has read throughout his life. Would you read them?
The smart ones would say yes since the books he read made him one of the richest men on earth. In another story, Robert talked about how buying a 400 dollar course on buying real estate for nothing down ended up making him 2 million dollars. All of these stories and examples illustrate why you must choose to educate yourself and make the choice to build a good financial foundation.
3. Choose friends carefully
Surround yourself with people you can learn from. This does not mean you should only surround yourself with people that are wealthy. For example, Robert Kiyosaki surrounds himself with people that are both wealthy and poor. He learns how to be rich from the wealthy and what not to do from the poor ones.
However, you must be careful not to listen to your poor or scared friends. In matters related to money, those kinds of people will always tell you how something won’t work or why something is bad. Additionally, you should try your best to not follow the crowd as an investor. The quotes below will explain why.
“For in the market, it is usually the crowd that shows up late and is slaughtered. If a great deal is on the front page, it’s too late in most instances. Look for a new deal.” – Robert Kiyosaki, Rich dad poor dad
“Wise investors buy an investment when it’s not popular. They know their profits are made when they buy, not when they sell. They wait patiently. ” – Robert Kiyosaki, Rich dad poor dad
4. The power of giving
Simply put, you must give first if you want to receive. Robert Kiyosaki observed that if he wanted to get more sales and helped someone else sell, he would start to get more sales or if he wanted more contacts and helped someone else get contacts, he would end up getting more contacts in return. In another instance, if the people around Robert weren’t smiling, he would start smiling and everyone else would start to smile.
The reality is, the world is only a mirror of you.
“Whenever you feel “short” or in “need” of something, give what you want first and it will come back in buckets. That is true for money, a smile, love, friendship. I know it is often the last thing a person may want to do, but; it has always worked for me.” – Robert Kiyosaki, Rich dad poor dad
Book: Rich dad poor dad by Robert Kiyosaki