My Rich Dad Journey

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My Rich Dad Journey
 by: Kuzak Khan

Two years ago, a network marketer introduced me to Rich Dad
Poor Dad by Robert Kiyosaki. The book is about him and his
two dads. Rich Dad is his best friend's father. He teaches
Robert the laws of the rich. Poor Dad is his real dad. He
suffers from worry caused by financial ignorance.

At the time, the book fascinated me, and I devoured it.
Strongly persuasive, the book had me believing I had gone
the wrong route. At that time, I was in the middle years of
my prized medical school career.

The self-employed, it had said, work hard and long, but do
not get the financial education to keep their finances in
order. The trap of a substantial portion of doctors,
lawyers, and accountants derives from their unwillingness
to hire advisors, or their consumption of depreciating
goods necessary to maintain status. Time lost by
single-minded concentration on
the area of specialty restricts time made for a financial
education.

The book made sense almost simplistically. If you want your
finances perfected, get a financial education. The best
financial education comes from being a businessperson and
an investor, not a self-employed worker or employee.
Intrigued by his message, I dabbled in network marketing,
but soon after my little stint in business, my second year
of medical school arrived, consuming most of my time and
leaving little time for anything else, let alone a
financial education.

Two years later, the third year of medical school had
finished, and I needed to decide on a medical specialty.
However, something was not right during my decision-making
process. An indecisiveness had taken a hold of me, of which
the cause eventually revealed itself. The problem was not
which specialty to choose, but which occupation to choose.
After working in the hospital, medicine no longer lured me.

I eventually came across The Cashflow Quadrant, the second
book of the Rich Dad series. Quickly, I ravished almost all
of the Rich Dad books. His path towards financial freedom
made sense to me, and I am currently searching for the path
of which he speaks.

A hundred thousand dollars in debt, medical school has
crippled my finances; the transition from medical school to
the real world will be a challenge. For now, I will do what
Robert Kiyosaki suggests: make money from nothing.
Affiliate marketing appealed to me for its large
risk-reward ratio. The price of admission equals zero, but
the opportunities for gaining a business education will be
numerous.

Robert Kiyosaki's ability to inspire passion through books
has few equals. I believe in his premise, which states that
getting a financial education decreases the risk associated
with businesses and investing. As evidence, Donald Trump
and Warren Buffet, while exceptions, continue to succeed
deal after deal and investment after investment - not
because of luck, but because of what they know.

Robert Kiyosaki not only made me think about my finances,
he outlined what I wanted to do with my life. He said that
business owners work for assets, and assets increase the
chance of achieving freedom from financial worries.
The Millionaire Mind by Thomas Stanley confirms his
premise; from its survey of millionaires, two-thirds owned
their own business. As contrarians, many of the
millionaires thought it too risky not to become an
entrepreneur.

As for the start of my journey, I built a webpage to dig
out the jewels from Robert Kiyosaki's books and separate it
from the fool's gold (which occasionally mars his pristine
principles). I have also done what I have always dreamed of
doing; as a rabid reader of self-help books, I give my own
perspective of what it takes to build human potential.

My Rich Dad journey continues. If I take the path handed to
me, then whether I win or lose, I will have lost. If I
take the path of my own choosing, then whether I win or
lose, I will have won. I know it sounds like a
contradiction, but its not. Although money is on
everyone's minds, it's life that's really at stake and
doing what you love that's really important.

Passion is everyone's forte, but not everyone uses it. As
for Rich Dad Poor Dad, its siren's song continues to
attract me. Visit my website to learn more, but beware of
the song's dangerous lure.



------------------------------
Kuzak Kahn has created a website dedicated to the
discussion of Rich Dad books, ideas, and principles. His
website also includes several articles about developing
business thinking tools. To read more about Rich Dad and
the application of his principles, check out his website -
Rich Dad Fans http://richdadfans.biz-whiz.com


Robert Kiyosaki, although it sounds strange, had two fathers. Rich dad and poor dad. Biological father, PhD, head of education for the State of Hawaii, had always not enough money and died in debts. Second one, that left shool at the age of 13, realised his life plans and become one of the most rich people on Hawaii.

Kiyosaki is best-known for his books on investing. His first bestseller was titled Rich dad poor dad , and is an attempt to change the mindset of the average employee. Kiyosaki talks about his "poor dad", his actual father, who had very little real net worth, as well as his "rich dad". According to Kiyosaki, his rich dad was his best friend's father who became very wealthy by investing his smaller income into income-producing investments, and became truly rich.

Kiyosaki uses the "rich dad, poor dad" comparison to illustrate his view that the majority of people are stuck in what he refers to as "the rat race" - living paycheck to paycheck and spending all of their time working to pay bills. In his books, Kiyosaki advocates tax-advantaged investment vehicles, such as real estate or businesses, rather than the traditional individual ownership of securities. He describes what he calls the cashflow quadrant, which is an attempt to differentiate between Employees, Self-employed or Small business owners, Businesspeople (as in those who buy and sell businesses, rather than running their own), and Investors.


Didactic games

In an attempt to open more minds to the thought processes of the rich, Kiyosaki has created several games to reinforce the points in his books. His first game, Cashflow 101 , teaches players how to get out of the rat race by acquiring assets that produce passive income in excess of expenses. Cashflow 202 is a more advanced game which attempts to help players learn about more sophisticated investing strategies, such as stock options. Kiyosaki also targets adolescents with the game Cashflow for Kids and his book Rich Kid, Smart Kid .
rich, dad, journey, kiyosaki
Polish lang version - polska wersja językowa tutaj: Kiyosaki, bogaty ojciec itp. po polsku


Other interesting Kiyosaki resources:
Robert Kiyosaki Fraud. Well, did he made a fraud or not?
Rich dad, poor dad rewiev Nice rewiev by Yochention. Go see.
Financial literacy Nice article on financial literacy and increasig wealth
Affirmations based on Rich Dad, Poor Dad book Do you know the power of affirmations? It's huge! it's tremendous and amazing. Read that article and see for yourself.
Robert Kiosaki An author of bestsellers.
Even teens may be rich - simple advice for teens to become rich.
Kiysaki and his books.
My Rich Dad journey - Two years ago, one guy introduced me to Rich Dad Poor Dad by Robert Kiyosaki...
Kyisaki and his games.
Did you know that Toru is Kiyosaki's middle name?
260 weeks in New York Times best paperback advice list! Wow, that IS great!









Site topic: rich, dad, journey, kiyosaki

Oferuję także Roberta Kiyosakiego - Bogaty ojciec, biedny ojciec, Kwadrant przepływu pieniędzy i Poradnik inwestycyjny bogatego ojca oraz gry edukacyjne Cashflow101 i Cashflow202. Interesuje cię bogactwo - wejdź tu


contact: kiy [at] arystoteles.pl