Subtitles section Play video Print subtitles you ever feel like it's backpedaling even though your following the rules? you work long hours tolerated your boss You get and annual raise and you try to save money and budget where ever you can and clearly you're working with no system for financial success but something is very wrong the rules are not working the system is broken down you're barely making ends meet let alone getting ahead and retirement forget it your living day by day You want to build financial security and wealth but it's just not happening So where exactly has playing by the rules Gotten You? So if you can change your outlook Change some of your values and change your rules You find that there is a whole set of rules out there That are more Conducive for those who want to be rich Conducive for those who want to be rich one of the image financial experts, Educator successful investor and best-selling author Robert Kiyosaki is about to give you the information You need to implement realistic achievable plan of building and growing Wealth Kiyoski is the new york times selling author of among other Books Rich Dad Poor Day to date this series has sold twenty million plus copies had worldwide Today Kiyosaki shares his revolutionary wisdom with You just like his rich dad shared it with him it information that can take you from working for Money to your money working for you information that can set you free The story of Rich Dad Poor Dad is really a story of two different fathers with two different sets of values and completely different sets of advice so i don't mean to insult anybody or damage your values really that was the difference for example Poor Dad Always said go to school get good grades get a high paying job work hard live below your means save money get out of get out of debt have a good retire plan That was my Poor Dads Values my rich dad said you probably won't get rich doing that because very few people get rich following that plan But you thought Saving Money Made You Money? You take a look at this forty year run on the Dollar The Dollar is designed economically to lose money every single year so why would you save something that loses money every year and what this means was somebody on retirement plans is that after you retire The value of your dollar goes down and the cost of living keeps going up to my Rich Dad that was bad advice and made no sense again he has different values this goes against everything you've heard it's very important that Diagram my Rich Dad showed me as a little boy was a diagram known as a cashflow quadrant and the quadrant is made up of the four different people who make up the world of business so my rich dad said in the world of business there's are E's and E's stand for employees and employees that you can always tell who will be our by their core values and what the employee whether the president or the janitor of the company will always say the same words the words are i'm looking for safe secure job with benefits that's what makes a them an employees 'cause our core values are security the other other one of Four is the S or the small business owner of the self-employed and again their core values will cause them to use the same words which are if you want it done right do it by yourself the S also means are usually Solo Generally one person act that tend operate by themselves on the right side of the quadrant are the B's and rich dad said to be stood for was big business or like Bill Gates Forbe's defines big business as five hundred employees are more and their words are different the will say I'm looking for a good system good network and the smartest people I know to help run my business and their unlike the S they don't want to run the company by themselves they want smart people to run the companies for them and then the fourth of quadrant is the I 0:04:19.750,0:04:25.169 and I stands for investor these are people who have money work hard for them these people are people that people work hard for them and these were people that work hard for the rich here so early on in my life it was my my poor dad who all is said to me you know Robert go to school and get a high paying job and so my Poor Dad Poor values was to be an employee he wanted job security promotions a steady paycheck and all this and so it was my Rich Dad who said to me so Robert if you really want to be Rich learn to build businesses it made more sense to him to work hard to build a business something you owned and something that passed on from generation to generation to your kids whereas my poor dad said work hard but by Rich Dad Said why would you work hard for something you'll never own and you can get fired from right away again that was a difference in values so Rich Dad suggested I learned how to be a business owner and learn how to be an investor and that's one of the big differences on this side of the quadrant these people here were for security they work for money also on the side of the here they're key value that they want is they want Freedom they don't want to have to work at a job anymore that i want to have to work for the rest of their lives so the beauty of building a Business and learning how to invest is very simply that this is passive income you work hard for a few years but possibly for the rest your life in income keeps flowing to you Of All the businesses out there which type do you choose? one of the reasons i consider Direct Selling Business a perfect businesses are simply because the company will work with you to get the business skills that make you rich always remember that is not money that makes you rich it's business skills and that's why it's a perfect business they'll work take as long as you like 0:06:20.360,0:06:22.479 to get the skills to make the money and that's a lifetime skill thing the part about it is too low start-up costs and where else can you get in for under five hundred dollars and get these skills for people who want to make the shift over to the B Quadratnt which is what i recommend for people one of the beauties of the network marketing company is that you can do that for a very low price and that's why i talk to people about considering network marketing if you're to build a microsoft it would take you few hundreds of millions of dollars but a network marketing company allows you to start at a very rate will be patient within you they'll take their time to transition over here and the reason why that time is so important to most people is it takes time to change those values and the most important thing is once you take the time let's say it takes one year or two years five years whatever time the text once you see the value for the core values of this side and this side your unstoppable today i would never go back and get a job why should i i'd rather just stay on this side build companies pay less taxes make for money but the key as a person needs to change to values from my Poor Dad to the values of my Rich Dad and that's when the values of network marketing companies they allow you the time and and very low cost they'll work with you to make a transitional over there the number one asset a person can build is build a business that is the smartest thing you can do you've been told to corporate ladder is the surest route To your Success Years ago I decided not to follow the Corporate Ladder simple because again it was values you know my poor dad always said go to school and get it high paying job with the government a big corporation but my rich dad said why would you worked so hard at something you'll never own you can't sell your job you can't pass it on to your kids so to me and never made any sense it made more sense to build my own business and hire other people the other reason is that you really don't have much control if you're in the corporate ladder world for example you can get fired at any time or today we were we have whats Called M&A Stands for mergers and acquisitions it's when one of the company buys anther company so you could be a great employees but the company that buys your accomplishes just fires You wait a minute this sounds too good to be true Like one of those Get Rich Quick Schemes It's not get-rich-quick formula you don't just do it overnight it takes time I still remember the first time I made that transition was back in nineteen seventy eight when i fully quit my job and i had to depend upon my company that i was building to support me so I understand the fear the beauty the most important thing to remember is this there's two kinds of people in the world there are the types that will say you'll never make it and I had a lot of friends and family saying that You're stupid don't do it and the second type where the people that said go for it you can do it don't worry about it will cover you so the most important thing is support of friends and family One of the beauties direct selling company is that they provide that personal support to you for as long as it takes you to make the journey from the left side to my Rich Dad's Side You alway thought being self-employed was living the American dream one the challenges of being self-employed is that your your own boss here Your the solo act Like in the S Quadrant your the individual you do it on your own whereas in the B Quadrant you're a team player you have to depend upon your team and count on your team So the problem with being an S let's say you where in a traffic accident there goes our income and let's say you get older and you haven't set enough money aside to retire on that means you probably have to work for the rest of your life because you don't have anybody else to fall back on not a team to count on so one of the problems with the S although most people say is most satisfying of all work It is a Solo Act and your totally on your own personally i'd rather be a member of the team So they can count on me and I can count on them It Sounds like a smart move but change It's So Difficult We all know the world has changed but sometimes the hardest thing to change Is Ourselves and being an old guys the older I get sometimes get more set in my ways and i think that's one of the things that a direct selling business offers people why is the perfect business they allow you to take your time to make the mental emotional and physical changes required to move from the left side to the Rich Dad side I think that's a big thing it's a very gracious It's a very elegant way it's a patient way of supporting you in making the changes of your life so please remember change always creates upset but sometimes we all know we have to make those changes and if you know it's time for you to make that change than the perfect business may be a direct selling business for you direct selling it is quite possibly the perfect business for you for more information contact the person who gave you this video http://robertgallenariix.com
A2 rich dad rich quadrant work hard poor company Robert Kiyosaki 1051 153 victor posted on 2013/07/14 More Share Save Report Video vocabulary