BUSINESS SCHOOL ! "COMPLETE COURSE " HOW TO MAKE RICH ? CHAPTER -3 हिंदी में
Be as careful of the books you read, as of the company you keep; for your habits and character will be as much influenced by the former as the latter.
The vast majority of people work very hard, but they never seem to earn enough; just enough to make ends meet. Rich Dad, Poor Dad book explains how we can potentially escape this “rat race” and achieve financial independence.
Know what an ‘ASSET’ is, acquire them and become rich.”
There are five main reasons why financially literate people may still not develop abundant asset columns that could produce a large cash flow. The five reasons are:
Fear
Cynicism
Laziness
Bad habits
Arrogance
people that financial IQ is made up of knowledge from four broad areas of expertise:
Accounting
Investing
Understanding markets
The law
If you work for money, you give the power to your employer. If money works for you, you keep the power and control it.
Each dollar in my asset column was a great employee, working hard to make more employees and buy the boss a new Porsche
The main management skills needed for success are:
Management of cash flow
Management of systems
Management of people.
The Book in Three Sentences
Rich Dad Poor Dad is about Robert Kiyosaki and his two dads—his real father (poor dad) and the father of his best friend (rich dad)—and the ways in which both men shaped his thoughts about money and investing.
You don’t need to earn a high income to be rich.
Rich people make money work for them.
The Five Big Ideas
The poor and the middle-class work for money. The rich have money work for them.
It’s not how much money you make that matters. It’s how much money you keep.
Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.
Financial aptitude is what you do with money once you make it, how you keep people from taking it from you, how to keep it longer, and how you make money work hard for you.
The single most powerful asset we all have is our mind.
Rich Dad Poor Dad Lessons
Lesson 1: The Rich Don’t Work for Money
Lesson 2: Why Teach Financial Literacy?
Lesson 3: Mind Your Own Business
Lesson 4: The History of Taxes and The Power of Corporations
Lesson 5: The Rich Invent Money
Lesson 6: Work to Learn—Don’t Work for Money
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