There was a boy named Robert! he had two fathers, Rich Dad Or Poor Dad! Both dad were very smart and hard working.Poor dad used to say that we can't afford expensive things. and Rich dad used to say that find the ways to get what you want!

Summary of Rich dad Poor dad!

Money & Investments

Rich dad always say that always know the difference between Assets and liabilities.Assets which makes money and Liabilities which destroys your money. Wealthy people become more richer because they make assets. while middle class people focus only on liabilities.

Know the difference between Assets and liabilities.


Poor people have a cash flow in which they get income and that money ends up in their needs. Middle people have a cash flow in which they get income and that money ends up in their liabilities and needs. so there are no difference between poor and middle class! while in the rich people's cash flow, they firstly builds their assets and then necessary expenses. that's why they become more richer because their income sources are increasing!

Why rich people become more richer?

"Where and how you spend is important, not necessarily what you earning!"

"Shift from Consumer Mentality to Investment Mentality!"

These are assets ideas given by Robert Kiyosaki!

Money

summary of rich dad poor dad

know the difference between Assets and liabilities.

"Where and how you spend is important, not necessarily what you earning!"

"Own Theses Assets & Never Work Again" | Robert Kiyosaki

Successful and Intelligent people like Elon Musk keeps themselves so busy! They are working 20 hours a day. so 120 hours a week they gives to work(Tasks). and you must know where they are Today. they are Managing Time, and there is only Self-Management!

Value Your Time!

Time Management

They thinks 3 dimensionally! While most people only make decisions based on Urgency and Importance, Time Multipliers are making a third calculation which is based on Significance! - Urgency : How SOON does it matter? - Importance : How MUCH does it matter? - Significance : How LONG does it matter?This is Rule of How to Multiply Your Time!

We should think like Time Multipliers!

"Do Things Faster, or To Do Things More!"

These are Some time management techniques that helps you to Manage Time!

Self Improvement

Must Do, Can Do, Don't Do

Do Things Faster, or To Do Things More!

time management techniques

1. Time Blocking

2. Task Batching

3. Time Boxing

Do not use your Mind for Remembering Task, Mind is not for Remembering Tasks, Mind is for new Creativity. So do Listing your Tasks or Make Checklists!

How To Multiply Your Time | Case Study on Time Management

Many People says that books reading is so boring or it's very serious task! But Great People like Elon Musk, Bill Gates reads very Effectively! but the question is "How to read books Effectively?"

4 Habits of Effective Readers!

1. They read Casually not Seriously! For example do you take it seriously when you watch TV? but you spend almost all time on TV without getting tired! If you read 10 pages of random books is much better than reading 100 pages of 1 book! so Read Casually!

Here is 1st Habit of Effective Readers! 

"If I am not Reading, I am not Changing If I am not Changing I am not Growing!"

Here is 4 Habits of Highly Effective Readers!

How to read books Effectively?

1. They read Casually not Seriously

2. They use Time Pockets to Read

If I am not Reading, I am not Changing If I am not Changing I am not Growing

3. They Read Random

4. They Read, Discuss and Repeat

Small Mind discuss people Average Mind discuss events But Great Minds Discuss 'Ideas'!

To talk discuss and repeat!

Parth Damani

Summary of Rich dad Poor dad!

"Own Theses Assets & Never Work Again" | Robert Kiyosaki

Value Your Time!

How To Multiply Your Time | Case Study on Time Management

4 Habits of Effective Readers!

4 HABITS OF HIGHLY EFFECTIVE READERS

	Parth Damani @parth325 79 READS
	My Name is Parth. I love to have and discuss Great Ideas! Followers 5 Following 0 Stashing since Apr 20, 2021