Blog Archive

Saturday 7 June 2008

How to find out what excites us?

Hi Folks,
Been a long time I wrote something on the blog. Few reasons for that one of them that I was very busy talking to lots of people in these days and I had some personal commitments to meet. Moreover I went into a phase of studying.

I have been reading and studying Robert Kiyosaki's "Guide to Investing".
A very good book which he highly recommends if we have already read his first two books, Rich Dad Poor Dad and Cashflow Quadrant. Actually it was accidentally that I bumped into his other book which is very relevant to the business I am building, The Business School (for a 3rd reading) that he had highly recommended to read Guide to Investing. I am glad I did buy it and have read it. It has given me a new dream or better said a definition to my own ultimate dream. I have decided to become an inside investor.

I will explain what an inside investor is according to Robert's rich dad. I would borrow "rich dad" from him wherever I use it, and hope he will grant me to do that. Because frankly speaking if we, who love to read what Robert writes in all his books, should also consider his rich dad as our rich dad.

What rich dad means by saying of becoming an inside investor is that we should be always thinking to find out ways to create assets instead of just buying them. You become Ultra rich. Learn how to create assets which in turn can buy assets, thats going to make us ultra rich. So the power is in creating assets. A "B" business model is a typical example according to rich dad which gives us excessive cash flow. To become an inside investor we need three things:
1. Education
2. Experience
3. Excessive cash

Bottom line is we need to learn how to build a B business first which is not possible without education and once we learn how to build a B business now we need to run it for long to get the experience. As soon as we have a running B business nothing can stop the excessive cash flow.

When I talk to people they come up with questions like don't we need money, resources, a previous setup....etc to have a B business. Because I have read and studied the book I know these questions are obvious for people who never dream of a B business. And the answer to the questions is very simple but a strange one, that yes we can have a B business without having any huge capital, resources, previous setup just by joining a Network Marketing company with a proven education system training individuals to develop "leadership" qualities. Not training how to become a salesman only but rather teaching the communication, selling, personal, people skills.

If we watch the movie above by Robert Kiyosaki after reading the blog it will make more sense to everybody. So go ahead and listen to the man. And please do refer it to people who have a dream to be rich.

God Bless!!

Book Shelf

  • Rich Dad's Guide to Investing (Must Read)
  • The Business Shoool by Robert Kiyosaki (Must Read)
  • The Science of Getting Rich
  • Positive Impact
  • Non - Manipulative Selling
  • The One Minute Networker
  • The IBO Field Guide (Must Read)
  • Call Power 21 days to conquering Call Reluctance
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