10 Lessons from the book “Rich Dad Poor Dad”
(famous book by Robert T. Kiyosaki (Author))
- The poor and the middle class work for money.
- The rich have money work from them.
- The single most powerful asset we all have is our mind.
- If it is trained well, it can create enormous wealth.
- Its not how much money you make.
- Its how much money you keep.
- The rich focus on their asset columns while everyone else focuses on their income statements.
- Often in the real world, it’s not the smart who get ahead, but the bold.
- It is not gambling if you know what you’re doing.
- It is gambling if you’re just throwing money into a deal and praying.
- The primary difference between a rich person and a poor person is how they manage fear.
- Failure inspires winners.
- Failure defeats losers.
- For most people, the reason they don’t win financially is because the pain of losing money is far greater than the joy of being rich.
- Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.
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