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The Rich Don't work for Money.
Rich people work to learn things and those things they learn can easily be applied to make money in the future, over and over again. It is better when you actually learn things in practice Being rich dor not Being rich has very little connection to material possession
91
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Mind your own Business.
An individual should be spending their spare time investing as much as they can from their wages in assets, not spending them.
73
385 reads
Have good financial literacy.
An asset is something which can generate income, whereas a liability is anything that has costs. Your house is a liability as it may have cash value, but it doesn't bring you any money unless you rent it You can become rich by accumulating assets that can generate value example, a blog, local onl...
75
312 reads
Work to learn.
When you actually have a 9-5 job, it is better for you to try and learn as much as you can, not just for the wages that you receive at the end of the month. It's not about money especially if you are young, as the skills you might get are more important than the actual money.
76
383 reads
The Rich invent Money.
Create your own intellectual property and try to monetize it. Sell your intellectual property with the power of the internet by selling crafts you can make, sell websites, songs, paintings on Ebay, Amazon etc.
71
334 reads
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18 | A start-up guy, Content creator, soloprenuer and a podcaster. Building Blast, Snakcards and more. Stashing about entrepreneurship, self-help, spirituality and the most interesting stuff I read.
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Key lessons for becoming a "Rich Dad"
According to Kiyosaki in his book "Poor Dad, Rich Dad", rich people do certain things poor people don't:
- The rich buy assets (things that generate revenue like bonds), not liabilities (things that cost money like rent).
- The rich be...
The Truth About Money - Day 170
- Seneca, who was one of the richest men in Rome, knew firsthand that money only marginally changes life. It doesn't solve the problems that people without it seem to think it will. In fact, no material possession will. External things can't fix internal issues.
- We constantly forget th...
Don't put the sales first
Michael has the ability to actually connect with people.
People know when you’re only interested in them to make money off of their needs.
Don’t be that salesy guy. Find a human connection.
They may not be the right customer now, but if you’ve made a re...
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