| In Rich Dad Poor Dad, Robert Kiyosaki plainly states | | | | And they LOST! Successful people are not afraid of |
| that anyone can gain wealth. He does, however, warn | | | | losing. They know that failing is a part of the learning |
| that it is harder for the children of the poor and middle | | | | process and can become a great blessing to them if |
| classes since they�ve been taught incorrect | | | | they treat it as a success. |
| information. For example, their parents have told them, | | | | What we must know is that your life will be difficult, |
| "attend school and get good grades so you can go to | | | | unstable, and filled with failure whether we are rich or |
| college and get a steady job with good benefits." | | | | poor. It's unavoidable. You might as well take the |
| These people have been taught to say, "I can't afford | | | | opportunities life throws at you and run with them. |
| it" rather than (as the rich do) asking, "How can I afford | | | | Don't fight against these opportunities! You can either |
| it?" There's nothing in this world that you can't afford. | | | | be stable and middle class or take a risk and become |
| When you honestly desire something you�ll | | | | rich. It's your choice. |
| find a way to obtain it. | | | | So what do you do about it? How do you start? The |
| A huge roadblock that may stand in your way of | | | | technique that wealthy people use to accumulate |
| success is fear of failure. You will experience failure | | | | wealth and retire early is simple. They acquire income |
| but you must transform that failure into an opportunity | | | | producing assets. An income producing asset is: |
| by learning something from it and moving on. There's | | | | 1. A business that doesn't require your presence. |
| not one rich man who has not failed, but, the secret is: | | | | 2. Stocks |
| when they fall down they quickly stand up again, learn | | | | 3. Mutual Funds |
| from it, and their great desire to attain their goals only | | | | 4. Real estate |
| grows larger. | | | | 5. Notes (IOU's) |
| The Battle of the Alamo is a great example. This was | | | | 6. Royalties from intellectual property such as music, |
| a total failure for the Texans. They lost many soldiers. | | | | books, patents, etc. |
| In spite of this, or rather, since they knew the secret of | | | | 7. Anything that is valuable, creates income or |
| turning a failure into a success, they used the Alamo to | | | | appreciates, & has a market. |
| stir up the Texans to victory. Even today, over 100 | | | | NOTE: Use of this article requires links to be intact. |
| years later, Texans still talk about the Alamo with pride. | | | | |