Robert Kiyosaki Blog

Financial Education Portal inspired by Robert Kiyosaki

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Robert Kiyosaki on Network Marketing-It’s an Asset, Not a Job

I am sometimes asked, “Why do so few people make it to the top of their network marketing system?” The truth is, the top of the network marketing system is open to everyone-unlike traditional corporate systems, which allow only one person to reach the top of the company. The reason most people do not reach the top is simply because they quit too soon. So why would someone quit short of the top? Most people join only to make money. If they don’t make money in the first few months or years, they become discouraged and quit (and then often bad-mouth the industry!). Others quit and go looking for a company with a better compensation plan. But joining to make a few quick dollars is not the reason to get into the business. The Two Essential Reasons to Join a Network Marketing Business Reason number one is to help yourself. Reason number two is to help others. If you join for only one of these two reasons, then the system will not work for you. Reason number one, means that you come to the business primarily to change quadrants-to change from the E (Employee) or the S (Self-employed) quadrant to the B (Business owner) or I (Investor) quadrant. This change is normally very difficult for most people-because of money. The true E or S quadrant person will not work unless it is for money. This is also what causes people to not reach the top of the network marketing system: they want money more than they want to change quadrants. A B quadrant or I quadrant person will also work for money, but in a different way. The B quadrant person works to build or create an asset-in this case, a business system. The I quadrant person invests in the asset or the system. The beauty of most network marketing systems is that you do not really make much money unless you help others leave the E and S quadrants and succeed in the B and I quadrants. If you focus on helping others make this shift, then you will be successful in the business. As a B or an I, sometimes you don’t get paid for years; this, a true E quadrant or S quadrant person will not do. It’s not part of their core values. Risk and delayed gratification disturb them emotionally. Delayed Gratification and Emotional Intelligence One of the beauties of network marketing is that it focuses on developing your emotional intelligence as well as your business skills. Emotional intelligence is an entirely different matter from academic intelligence. In general, someone with high emotional intelligence will...

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The Subconscious: Friend or Foe?

The subject of the subconscious is certainly a vast one. The most obvious point is that it operates below your conscious awareness. That point itself is obvious, but the ramifications can be subtle and often go unnoticed. Consider the following ideas as possibly valid. Based on your experience and knowledge, draw your own conclusions. Know and honor what is true for you. The subconscious performs many helpful tasks so you don’t have to make a conscious effort to think in order to accomplish them. Have you ever been driving down the road and suddenly realized you’d gone two miles without paying attention to the road, your driving or to anything on the planet at all? Your subconscious, in control of your actions at the time, got you safely down the road. Consider the possibility that the subconscious also has a built-in video camera and the ability to tape your life. Like a security camera at a bank or convenience store, it’s taping 24/7. When you are remembering something, you are in essence watching your own personal video. When there is any hint of trouble or danger, the subconscious sets off alarms, much faster than you can think. This is sometimes known as a "knee-jerk reaction." There are times when you need this "industrial strength" security system. You step off the curb not looking, while a Mac truck is barreling down the road in your direction. The subconscious will "see" it, even if you don’t consciously see it, and the alarms go off. Just in time you look up and jump out of the way. This security system can literally save your life. The purpose of this mechanism is to help us, and it does help us, but it can also interfere and sometimes can be more of a hindrance than a help. It can be friend or foe. The problem with the subconscious is that it has the ability to step in and take over your conscious thinking processes, emotions and behavior, without your awareness or your permission, when you don’t need it. Let’s say that you once had a very troubled relationship with a person who wore a particular brand of cologne. Your subconscious will dutifully make a note of that and will also conclude, quite "logically," by its calculations, that "all people who use that cologne cause trouble." Ridiculous, you say! Yes, it’s ridiculous and it’s illogical – but that seems to be how the subconscious works. The context from which it operates is mechanical, and as such, it can’t discriminate between "one" and "all." The subconscious uses the past as proof that the present or the...

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Your Best CASHFLOW® Game Tips

TIP #1: Never…Ever…Quit. I believe that there are many things to understand to succeed at the game. But, for me, the most important is: NEVER, EVER, EVER, EVER QUIT — ON YOURSELF! No matter how you feel, NEVER QUIT! – Kathleen M  TIP #2: Step Out of Your Comfort Zone. CASHFLOW 101 is so powerful because it reflects your true behavior and allows you to take risks in a safe environment. Step out of your comfort zone, and do things you may not feel comfortable doing in the “real world.” You’ll be amazed at how it changes your perspective. – Jack N  TIP #3: Celebrate the Joy of Success. The biggest ‘tip’ I have learned so far is that your way to wealth isthe joy- not the wealth- you achieve. This became very clear to me after playing dozens of times and realizing that I would actually SKIP the Dreams on the Fast Track! I was more interested in winning the game than ‘golfing around the world.’ – Jeff B  TIP #4: Focus on Your Goals. I found that while playing the game, I would focus on the ‘negative’ spaces- "Baby" or "Downsized" – and hope not to land there. I was focusing specifically on what I didn’t want, and, oddly enough, landing on those spaces most often. I began to repeat the numbers I WANTED to have come up, and just as oddly, those numbers seemed to come up more than mere chance would support. The lesson is simple: focus on your goals, not on what may go wrong. – Hugh C TIP #5: Only Take Advice from Successful People. When the Opportunity Card comes up, some people look to fellow players for guidance. Make sure that those you take advice from are having success and on their way to getting out of the Rat Race! – Cal J  TIP #6: Never Say “Can’t.” There is ALWAYS a way. Think outside the box. Find a way to make your “can’t” a “can.” – Grace N  TIP #7: Take Note of Your Overall Habits. After playing the game, take note of your overall habits- good and bad. Evaluate how those habits helped or hindered your game play. In the next game, make a concerted effort to change the habits that may have prevented you from getting out of the Rat Race. – Toni E  TIP #8: Get Rid of Bad Debt. The thing that has expedited my exit from the Rat Race: Paying off ‘bad debt.’ – Bridget S  TIP #9: Create Your Own Rules. Creating your own rules (or modifying the game rules) can make CASHFLOW 101 more...

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Cashflow 202 The Game – Cont.

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Cashflow Game 101

CASH FLOW 101® Game Rich Dad’s CASH FLOW 101 game is an educational program that teaches accounting, finance, and investing at the same time and makes learning fun. With the CASH FLOW 101 game you will learn how to get out of the rat race and onto the fast track where your money works for you instead of you working hard for your money. The educational program, CASHFLOW® 101, includes three audiocassettes which reveal distinctions on the CASH FLOW 101 game as well as valuable investment information and a video titled "The Secrets of the Rich". The CASH FLOW 101 game is recommended for adults and children age 10 and older. (Region 1 – US & Canada Only – NTSC) Share and...

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Rich Dad Poor Dad Robert Kiyosaki Endorses Multi Level Marketing

Robert Kiyosaki often refers to The CASHFLOW Quadrant, a conceptual tool which he developed to categorize the four major ways income is earned. Depicted in a diagram, this concept entails four groupings, split with two crossed lines (one vertical and one horizontal). In each of the four groups there is a letter representing a way in which an individual may earn income. The letters are as follows. E: Employee — Working for someone else. S: Self-employed or Small business owner — Where a person owns his own job and is his own boss. B: Business owner — A person who owns a business to make money; typically where the owner’s physical presence is not required. I: Investor — Investing money in order to receive a larger income in the future. For those on the left side of the divide (E and S), Robert Kiyosaki says that they may never obtain true wealth. Conversely, those on the right side of the divide (B and I) are supposedly following the only road to true wealth. Robert Kiyosaki also classifies the four main “asset” classes as means of gaining wealth.:[29] Businesses: Businesses that generate monthly cash flow that don’t require the owners physical presence. Real Estate: Real estate such as owning warehouses, small family homes, or apartment houses that generate monthly cash flow. Paper Assets: Investments such as stocks, bonds, hedge funds etc. Commodities: Gold, silver, iron ore, or copper that are used to hedge government’s mismanagement printing of the nations currency. Share and...

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Robert T. Kiyosaki – “The Business of the 21st Century”

Robert T. Kiyosaki knows a good thing when he sees it. That’s why, for the past several years, he has been a staunch supporter of community commerce. Like many people, Robert was skeptical about the industry at first … until he learned firsthand what community commerce is all about: It’s about helping people. Like billionaires Donald Trump and Warren Buffet, Robert is sold on community commerce. He wants to share his insights with you on why he believes it is the business model of the 21st century—and why now is the perfect time to take advantage of the opportunities it offers! If you’re worried about losing your job through down-sizing, or just want to take charge of your future by taking control of your income source, you need The Business of the 21st Century! Share and...

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“Rich Dad” Robert Kiyosaki on Gold, Silver and his Apartment Complexes

“Rich Dad, Poor Dad” author Robert Kiyosaki joins host Jay Carter this week on the Financial Survival Podcast. His newest book that was released recently is Unfair Advantage: The Power of Financial Education. Robert Kiyosaki discusses the real “Rich Dad’s Conspiracy of the Rich: The 8 New Rules of Money” that is continuing to impoverish the middle class while at the same time making financially educated investors even richer. He also explains: – Why Robert Kiyosaki is holding off on buying any more gold – Where silver is headed – Why stocks are bound to collapse at any moment – Why saving cash right now is a really, really terrible idea – How the American government is turning into a fascist state – Why Robert Kiyosaki couldn’t care less what his credit score is – The ideal montly rent dollar amount he likes best when looking for the best apartment complexes to buy Share and...

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Business Ideas – 3 Lessons from Robert Kiyosaki

My name is Evan Carmichael and I believe that the fastest and most effective way to build a business is to model the strategies of people who have already done what you’re trying to do. I call it Modeling the Masters. Today we’re going to look at how a Vietnam veteran failed with two separate businesses but was determined to become a successful entrepreneur and not have to work for someone else. He would eventually become one of the most successful business writers of all time. This is the story of Rich Dad Poor Dad creator Robert Kiyosaki and the top 3 lessons that you can learn from his success. “The size of your success is measured by the strength of your desire; the size of your dream; and how you handle disappointment along the way.” – Robert Kiyosaki Robert Kiyosaki (born April 8, 1947) is an American investor, businessman, self-help author, motivational speaker, and financial literacy activist best known for his “Rich Dad Poor Dad” book series. After serving in the Marine Corps as a helicopter gunship pilot during the Vietnam War, Robert Kiyosaki returned home to work as a salesman for Xerox. Not wanting to work for someone else for the rest of his life, Robert Kiyosaki had dreams of starting his own business. After unsuccessful stints selling Velcro wallets and T-shirts for heavy metal rock bands, Robert Kiyosaki began promoting the personal growth … Share and...

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Rich Dad’s Robert Kiyosaki: Sacred Cow of Money (2) – Get A Job

Rich Dad’s Robert Kiyosaki Sacred Cow of Money (2) The second sacred cow of money is to get a job. The problem with this is, having a job pay make you pay more taxes. For the self-employed, not only do they pay the tax which the employee pay, they also pay other taxes such as social security taxes and medical taxes, etc. This make them the highest tax payer. Time out session Cashflow Quadrant (E, S, B, I) – Employee has a job – Self-employed own a job – Business owner has other people working for them – Investor has money working for them E and S got punished for making mistake or they lose their job, B and I get richer from their mistake because they learn from their mistake. Furthermore, there is no safe secure job anymore due to globalization and competition from India and China. It is getting more risker to have a job. Moreover, if you have a job, you only one client, that is your employer. If you lose that client, you are gone. Now a day, there are so many people losing their job. Some of them even went back to school to learn new skills, so that they can get another job that won’t compete with their children. Most of us think that we have no choice but a job because we are surrounded by employees, that’s why we grow up thinking that the only option we have is to get a job The tax laws are in favor for the entrepreneur and investor, they are not in favor for the employee or self-employed. Because the government wants entrepreneur and investor to create more jobs … Share and...

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