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