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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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 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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The Rich Dad Difference Videos (#9 #11)

Video #9 – Life’s 4 Quarters     Amazon.com Widgets Video #10 – The CashFlow Game     Amazon.com Widgets Video #11 – The Cone of Learning (Last Video) Amazon.com Widgets   Share and...

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