Rich Dad Poor Dad Lessons Learned Notes Part 4 (final)

⦁ Intelligent people hire and are around more intelligent people then them.
⦁ Learn to sell, just because you have a masters in writing doesn't mean your books will be the best selling. To do that you also need to learn how to sell.
⦁ Learning a little about a lot helps you make better decisions about what is important and what is not.
⦁ When you want to earn more money take a long look at your life and look into getting a second skill. Education is more valuable in the long run.
⦁ Life is liking going to the gym, the most painful part is the decision to go.
⦁ Skills do not neccessarily transfer from industry to industry.
⦁ Rule of thumb for highly speccialized careers can be highly specialized then unionized, because unions protect highly specialized people.
⦁ Taking a course in sales and direct marketing can increase your value in any career, profession, or life goal acomplishments.
⦁ Being able to sell yourself/skills is the base of success.
⦁ The better you can handle communication and fear of rejection the better your life is.
⦁ To recieve money you have to give money.
⦁ When you want to become rich faster think like a texan, win big or lose big, but still keep going.
⦁ One of the greatest reasons for failure is lack of taking risks.
⦁ You can always turn a financial lose into a financial win.
⦁ Dont be buried by your failures, become inspired by them.
⦁ If you have little money and you want to be rich you have to be focused and make progress untill you can become balanced.
⦁ Building assets takes guts, patience, and passion.
⦁ Never say "I cant afford it" always ask "How can I afford it". This makes the human mind stronger.
⦁ Guilt is worse then greed, cause guilt robs the body of its soul.
⦁ Pay yourself first, and then pay everyone else. This forces you to work harder to make sure you have enough.
⦁ Forcing yourself to think about making money, builds strength in your mind about finances.
⦁ There's gold everywhere, most people are not trained to see it.
⦁ Don't listen to poor or frightened people, as they can always tell you why something wont work, but not everything they say is true.
⦁ Always listen to both sides of the debate, but make your decisions logically and without emotion.
⦁ Wise investors don't buy when things are popular, they get in early.
⦁ First learn the formula then put in the effort to use that formula. Knowledge without practice does nothing.
⦁ It's also now what you know that matters, but how fast you can learn something new.
⦁ Self discipline and fortitude is important to now let the world pull you around.
⦁ Don't dip into savings our liquidate stock to pay for consumar debt. Use the pressure to inspire you to make more money.
⦁ Savings are only used to create more money, not to pay bills.
⦁ Pay people well, cause real professionals service will make you money.
⦁ A broker is your eyes and ears in the market, they are there everyday so you don't have too.
⦁ There is a tremendous difference between a broker who just sells and and a broker who practices what they do. Always ask if they own large amounts of what ever they sell themselves.
⦁ Reward the people who are smater then you, a board of directors helps everyone make more.
⦁ Look at your assets extras after you get your money back.
⦁ Find heroes, look up to people who already have and do what you want. Learn from your heroes.
⦁ Teach and you shall recieve. If you want something you first need to give.
⦁ Stop doing what you're used to and look for something new, then take action.
⦁ The game of buying of selling is fun, just make offers cause someone may accept.
⦁ Profits are made in the buying not the selling.
⦁ Don't play it safe, play it smart.
⦁ If you know what you're doing investing is not risky, its just common sense.