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Poor Man, Rich Man: How Kiyosaki Fought His Way To First

Article Overview: “I still consider myself a little, fat kid from Hawaii,” says Kiyosaki. He may still be from Hawaii, but Kiyosaki’s impact on the world of personal finance has been anything but little. Today, as one of the leading authors and motivational speakers in America on strategies of achieving personal financial freedom, Kiyosaki has achieved a cult-like in the millions. How did this little, fat kid from Hawaii become a big, strong player in the extremely competitive industry?
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Poor Man, Rich Man: How Kiyosaki Fought His Way To First
“I still consider myself a little, fat kid from Hawaii,” says Kiyosaki. He may still be from Hawaii, but Kiyosaki’s impact on the world of personal finance has been anything but little. Today, as one of the leading authors and motivational speakers in America on strategies of achieving personal financial freedom, Kiyosaki has achieved a cult-like in the millions. How did this little, fat kid from Hawaii become a big, strong player in the extremely competitive industry?
Investing: “The values or points of view between the middle class and the rich are exactly opposite,” says Kiyosaki. The number one difference between the two? The rich focus on buying assets while the poor are consumed with their liabilities. According to Kiyosaki, people need to stop working so hard for their money, and instead learn to invest wisely so that their money can start working hard for them.
Education: “You have to be smart,” says Kiyosaki. “The easy days are over.” If you cannot even create your own financial statements of assets and liabilities, says Kiyosaki, there is no way you can be leveraging your investments to their greatest potential. It is never too early, or too late, to begin minding your own business – understanding what money is coming in, how it is going out, and what you can do to get more.
Vision: According to Kiyosaki, you could have the most lucrative opportunity staring you in the face, but unless you have trained yourself to see those potentials, it will most surely pass you by. It is only by first imagining what you want and seeking it out that those very opportunities will come your way.
Experience: He may not have liked having bullets fly by his head, but serving in the Marine Corps taught Kiyosaki some valuable lessons in life – and business. Likewise, he may not have enjoyed selling Xerox photocopiers, but the experience taught him important salesmanship skills. And, that was always what Kiyosaki was after – experience to improve his own self.
Purpose: “In business, they say, ‘If you aren’t the lead dog, the view is the same,’” says Kiyosaki. “They also say, ‘Second place is the first loser.’” From day one of serving in the Vietnam War, Kiyosaki knew what his purpose was: to win. So too, as soon as he stepped foot into the business world, he knew what his purpose was: to win. No excuses, no delaying; Kiyosaki was in both fights until the bitter end. It was by refusing to fail and making the most of his time that Kiyosaki was able to realize success.
“Remember to dream big, think long-term, underachieve on a daily basis, and take baby steps,” says Kiyosaki. “That is the key to long-term success.” Job security today has become something of an ox moron. By guiding millions around the world towards financial independence, Kiyosaki has created his own, and then some. With more than 26 million copies of his books sold, take it from someone who knows.
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