"Our current educational system focuses on preparing today’s youth to get good jobs by developing scholastic skills. Their lives will revolve around their wages, or as described earlier, their income column. And after developing scholastic skills, they go on to higher levels of schooling to enhance their professional abilities. They study to become engineers, scientists, cooks, police officers, artists, writers and so on. These professional skills allow them to enter the workforce andwork for money.
There is a big difference between your profession and your business. Often I ask people, “What is your business?” And they will say, “Oh I’m a banker.” Then I ask them if they own the bank?
And they usually respond. “No, I work there.”
The object is never to work for money. It is to learn how to aquire assets that put money in my pocket whether I get up and go to a job tomorrow or not.
A problem with school is that you often become what you study. So if you study, say, cooking, you become a chef. If you study the law, you become an attorney, and a study of auto mechanicsmakes you a mechanic. The mistake in becoming what you study is that too many people forget to mind their own business. They spend their lives minding someone else’s business and making that person rich.
To become financially secure, a person needs to mind their own business. Your business revolves around your asset column, as opposed to your income column. As stated earlier, the No. 1 rule is to know the difference between an asset and a liability, and to buy assets. The rich focus on their asset columns while everyone else focuses on their income statements.
That is why we hear so often: “I need a raise.” “If only I had a promotion.” “I am going to go backto school to get more training so I can get a better job.” “I am going to work overtime.”
In some circles, these are sensible ideas. Yet, if you listen to Ray Kroc, you are still not minding your own business. These ideas all still focus on the income column and will only help a person become more financially secure if the additional money is used to purchase income-generating assets.
The primary reason the majority of the poor and middle class are fiscally conservative-which means. “I can’t afford to take risks” - is that they have no financial foundation. They have to cling to their jobs. They have to play it safe."
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Well, I hope you enjoyed this part of the book 'Rich Dad Poor Dad' by Robert Kiyosaki. You may purchase it for about $16 dollars at the bookstore, or go to richdad.com and go to the store.
With it is encouragement and light over the subject of money, and that is something that is valueable forever just like your scholastic education still is today. Look into a website that trains you to think like and act like and be like a rich person. And remember...
"You don't need a college education, a high paying job, or any money to start. All you have to do is know what you want, have a plan, and stick to it."
brought to you exclusively by RichStudent Pete
RichStudentPete - Peter Slivkoff
There is a big difference between your profession and your business. Often I ask people, “What is your business?” And they will say, “Oh I’m a banker.” Then I ask them if they own the bank?
And they usually respond. “No, I work there.”
The object is never to work for money. It is to learn how to aquire assets that put money in my pocket whether I get up and go to a job tomorrow or not.
A problem with school is that you often become what you study. So if you study, say, cooking, you become a chef. If you study the law, you become an attorney, and a study of auto mechanicsmakes you a mechanic. The mistake in becoming what you study is that too many people forget to mind their own business. They spend their lives minding someone else’s business and making that person rich.
To become financially secure, a person needs to mind their own business. Your business revolves around your asset column, as opposed to your income column. As stated earlier, the No. 1 rule is to know the difference between an asset and a liability, and to buy assets. The rich focus on their asset columns while everyone else focuses on their income statements.
That is why we hear so often: “I need a raise.” “If only I had a promotion.” “I am going to go backto school to get more training so I can get a better job.” “I am going to work overtime.”
In some circles, these are sensible ideas. Yet, if you listen to Ray Kroc, you are still not minding your own business. These ideas all still focus on the income column and will only help a person become more financially secure if the additional money is used to purchase income-generating assets.
The primary reason the majority of the poor and middle class are fiscally conservative-which means. “I can’t afford to take risks” - is that they have no financial foundation. They have to cling to their jobs. They have to play it safe."
_____________
Well, I hope you enjoyed this part of the book 'Rich Dad Poor Dad' by Robert Kiyosaki. You may purchase it for about $16 dollars at the bookstore, or go to richdad.com and go to the store.
With it is encouragement and light over the subject of money, and that is something that is valueable forever just like your scholastic education still is today. Look into a website that trains you to think like and act like and be like a rich person. And remember...
"You don't need a college education, a high paying job, or any money to start. All you have to do is know what you want, have a plan, and stick to it."
brought to you exclusively by RichStudent Pete
RichStudentPete - Peter Slivkoff
_____________________________
You don't need a college education, a high paying job, or any money to start. All you have to do is know what you want, have a plan and stick to it.
For FREE Consult. and Business Overview... http://Pearlcium.com/Peter
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