Chapter 8, Rich Dad Poor Dad tells us that “there is gold everywhere, most people are not trained to
Getting Started
Part of this lack of vision and clarity comes from the world we live in. We’re trained from a very young age to work hard for someone else, spend the money that we earn, and borrow more if we run short.
Unfortunately, people who choose to become one of the masses never take the time to develop their financial genius.
Investing in real estate is the perfect example. The average person can spend a week out in the field and find nothing, while the investor who has trained himself can easily find four or five deals that make sense in a single day!
Here are the ten steps to follow to develop your financial genius and discover the gold that’s already out there, just waiting to be found:
Have a deep emotional reason or purpose for doing what you do, a combination of wants and don’t wants.
Understand the power of choice and choose daily what to do, including choosing the right habits and educating yourself.
Choose your friends carefully by leveraging the power of association, being careful not to listen to poor or frightened people.
Master the power of learning quickly and develop a formula for making money.
Pay yourself first by mastering the power of pline to manage your cash flow, people, and personal time.
Select great people for your team and compensate them generously for their advice, because the more money they make the more money you will make.
Ask “How fast do I get my money back?” by focusing on return of investment first, followed by return on investment.
Use money generated by assets you own to buy luxuries by focusing on self-discipline to direct money to create more.
Have a role model to follow and tap into the power of their genius to put to your use.
Realize that if you want something, you need to give something first.
Reyaan
15-Apr-2022 04:07 PM
Nice 👌
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Sachin dev
15-Apr-2022 02:21 PM
Very nice 👌
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