Fascination propos de how to make money
Fascination propos de how to make money
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Their first idea was to melt metal toothpaste Boyau to create copyright, until Kiyosaki’s father explained it was illegal. He then suggested they talk to Mike’s dad, a successful businessman who agreed to teach them embout money, becoming their “Rich Dad.”
In the Lorsque quadrant, people are working conscience you; in the I quadrant, your money is working expérience you. They also pay the least in taxes and create pépite invest in assets that produce cash flow conscience them even when they’re sleeping.
How much money you make ut not make you rich. Rather, how much money you keep is what makes you rich.
No matter what field you’re in, you’ll need to sell something, whether it’s a product, année idea, or yourself. Kiyosaki overcame his natural shyness by working at Xerox, where he became Je of their top salespeople. This experience was essential when he later started his own Industrie.
The dividing line between many who struggle financially and those who are prospering is the line between the two sides of the CASHFLOW Quadrant.
Within 3 years he was earning more from investments than his job, so he used that passive income to buy a Porsche.
However, the rich found ways to Rich Dad Poor Dad passive income minimize their tax burden legally. In fact, many of these beneficial tax laws exist because governments want to incentivize Industrie owners and investors to create more Tâche housing. So who ends up paying the highest percentage in taxes are highly paid professionals, like doctors and lawyers.
Unfortunately, school often ut not recognize the genius in our children. And even more, school may even crush a child's genius.
Yes, this book offers advice je acquiring wealth through investing in assets and building your own businesses.
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If you’re looking to similarly transform your relationship with money, here are the 8 most mortel lessons I took away from Rich Dad Poor Dad:
Learning to See Opportunity: Rich Dad taught them to control their emotions about money, explaining that most people are driven by fear and greed, which keeps them working Pornographique without achieving financial freedom.
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Robert Kiyosaki emphasizes that Nous-mêmes of the droit reasons people struggle financially is parce que they spend years in school délicat learn nothing embout money.