Listen and learn from the best! The author of the all time best selling book "Rich Dad, Poor Dad"
Invest on your personal development. Have an abundance mentality. Instead of saying "I can't afford that" say "How can I afford that" and statement of opening your mind on the idea of making things happen instead of letting the opportunities pass.
Learn to develop your skills and make is an opportunity to do business.
Always be an open minded person.
Learn Real State business and what are the advantages of it.
10 Key Points
Financial Literacy and Entrepreneurship: Robert Kiyosaki stresses the importance of understanding financial literacy and pursuing entrepreneurship over traditional employment. He believes in building assets rather than relying on a job and savings.
Ethics and Morals in Finance: Kiyosaki highlights the importance of ethics, morals, and legality in personal finance. His 'Rich Dad' taught him these values early on, contrasting with his 'Poor Dad's' conventional approach.
Critique of Traditional Education: He criticizes the conventional education system and its lack of financial education, advocating for learning money management from a young age through practical experiences.
Global Power Shift and Commodities: The speaker discusses the global power shift from the West to the East and the potential collapse of the US dollar due to excessive cash printing. He advises investing in commodities like gold and silver to protect wealth.
Generational Wealth Transfer: Kiyosaki addresses the issue of generational wealth transfer, emphasizing that failing to pass on financial knowledge can lead to financial downfall in future generations.
Impact of Political Ideologies: He explores how political ideologies affect real estate investments and societal issues, such as homelessness, and how government policies can hinder investment returns.
Bitcoin and Cryptocurrency: The speaker discusses the influence of economic crises and government actions on Bitcoin's value. He emphasizes understanding investment strategies for navigating the cryptocurrency market.
Financial Intelligence and Asset Building: Kiyosaki underscores the importance of financial literacy and focusing on investments that generate income for long-term financial success and stability.
Continuous Learning and Ethics: He advocates for constant studying, understanding financial statements, and leveraging opportunities. Ethics and morals are crucial in entrepreneurship, he argues.
Preparation for Economic Downturns: The speaker highlights the need to surround oneself with intelligent and honest individuals, be prepared for potential global conflicts, and invest in assets like gold and silver to guard against economic downturns.
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Welcome to Mav's Corner—your ultimate destination for insightful content on Health, Travel, Money and Finance, Technology, Latest News and Trends, and Sports! Whether you're looking to optimize your health, explore new destinations, sharpen your financial skills, stay ahead of tech innovations, or keep up with the latest trends, Mav's Corner provides the knowledge you need. Dive in for practical tips and expert perspectives to empower your everyday decisions.
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