Rich Dad Mentality V. Poor Dad Mentality

June 18, 2010 by Zimmaron  
Filed under Personal Finance

This is the second in a series of articles based on the groundbreaking best-seller “Rich Dad, Poor Dad” written by Robert Kiyosaki. As stated in the first article, the book compares the mindset of Kiyosaki’s father—who held several degrees and an important position in the government, but struggled financially–, with the mindset of his best friend’s father—who never even finished high school but left his son a financial empire. In his book, Kiyosaki explains that the mindset held by each of these two men, his “poor dad” and his “rich dad”, was largely responsible for each man’s financial destiny.

The following quote by T. Harv Eker, author of “Secrets of the Millionaire Mind”, refers to the concept of a rich person’s mindset: “Rich people have a way of thinking that is different from poor and middle class people. They think differently about money, wealth, themselves, other people, and life.” Kiyosaki expounds this same principle in “Rich Dad, Poor Dad”.

Below you will find seven mayor differences between the “poor dad” and the “rich dad” mentality:

1. The “poor dad” mentality states that your wealth depends on your family of origin. That is, to be rich you have to be born rich. “Rich dad” espoused the view that being rich or poor is something that you learn. You can learn to think in ways that will support you, and you can raise your financial IQ by reading books on finance, talking to financially successful people, and attending seminars and lectures. When you have the right belief system and the necessary knowledge on how to create, build, and protect wealth, you will become rich even if you were not born into a wealthy family.

2. “Rich dad” taught Kiyosaki that he should get a job to learn and to acquire the necessary skills so that he could go on to start his own business. “Poor dad” saw his job as his source of income for life. While “rich dad” taught Kiyosaki to strive to become financially independent, “poor dad” taught him to depend on his employer for his financial well being.

3. When faced with an opportunity, “rich dad” would ask himself: “How can I afford this?” This forced his mind to think and to come up with creative solutions to be able to take advantage of the opportunity that had presented itself. Instead, when presented with an opportunity, “poor dad” would dismiss it by saying: “It’s too bad I can’t afford this.”

4. While “poor dad” stressed scholastic education, “rich dad” always stressed financial education.

5. For “rich dad” the main cause of poverty or financial struggle was self-inflicted fear and ignorance. “Poor dad” blamed the economy and the job market. That is, “rich dad” always took responsibility for himself and felt that he created his circumstances, while “poor dad” often felt like a victim of the outside world.

6. As for risk taking, “rich dad” taught Kiyosaki to learn to manage risk. “Poor dad” taught him that when it came to money, risk was something that should be avoided and to always play it safe.

7. “Rich dad” taught Kiyosaki that failing was simply part of the process and that he should learn from his mistakes and move on. “Poor dad” attached great stigma to failure and was therefore afraid of making mistakes.

Study the seven examples above in order to begin to develop a clear concept of the difference between a rich and a poor mindset. You can find out more on how rich people think by reading books such as those found in the “Rich Dad, Poor Dad” series and by talking to people who have succeeded financially.



By: Marelisa Fabrega

About the Author:

For more information on creating a wealth mindset and other tips and resources on creating your optimal life, visit http://www.marelisa-online.com.

From Marelisa Fábrega, Founder and CEO of http://www.marelisa-online.com.



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The Science of Getting Rich – it Does not Require a 9-5 Job

April 18, 2010 by Zimmaron  
Filed under Uncategorized

The further on you read, you’ll begin to understand why it is obvious to even a blind person that those who get rich have nothing extraordinarily great about them except the will to preserve, be consistent and not afraid of taking risk. The only exception would be the person who was born into wealth. However for the sake of this discussion, we will focus on those who want to become rich.

You cannot get rich by saving money or working a 9-5 job while relying on your paycheck. Your mentality has a lot to do with how you perceive prosperity and wealth. If those who are rich can do it, so can you. The universe is open to anyone who will grab what is his or hers. There is no bias or favoritism, but there are qualities and laws that must be followed.

If your thoughts are focused on lack, then that is what you are going to receive. Your lack is apparent, but your focus should not be on what you don’t have, but on what you want to have. This is the first seed to plant in getting rich. The Science of Getting Rich is quite simply a place held in the mind. If nothing else seems to be working, it is because of what you are thinking about or not thinking about.

If you are comfortable in your 9-5 job, that means you are either fearful of the unknown or don’t think that you can be rich without exchanging your time for dollars. Money is acquired through the exchange of a service or product. If you have a service or product to offer the population, then the possibilities of getting rich is closer than you think. However, your first aim is to acclimatize your mind to think and grow rich.

After you have changed your thought process to believe in yourself and what you have to offer, then you have to begin to treat others the way that you want to be treated. By offering a great service that individuals can benefit from, you will come closer to being rich because you are giving them exactly what they need.

Be realistic with your budget. While you live within your means, you can create a blueprint for your life and take steps in accomplishing each goal one at a time.

The Science of Getting Rich advocates that this law requires that you practice fairness in your business practices and don’t try to compete with your competitor. As long as you are giving people what they need out of supply and demand, you should not be overly concerned about your competition except to wish them well. Some people go into business to beat their competition, but that is not what the Law or Science of Getting Rich adheres to. There is enough for all of us in the universe, so we need not compete with anyone.

Don’t ever limit yourself. If you believe you have limitations, you won’t go much further than those limitations that you concoct in your mind. If you visualize your success, you will be able to take the cap off of your limitations and soar to newer heights. If your employer can start a company from a dream, why can’t you?



By: Mal Mortoo

About the Author:

Mal Mortoo is a professional marketer strongly involved with his Personal Growth & Development and has a strong desire to share what he learns with others. To discover your legitimate business go to Real Wealth Success. Here you can find info on Financial Planning and more http://www.debtconsolidationpassport.com. If you wish to know more go to http://www.extraordinaryriches.com/



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Don’t Wait for Rain to Appreciate Abundance and Prosperity

February 16, 2010 by Zimmaron  
Filed under Goal Setting

You live in abundance!

Yes, you do. You simply need to see the abundance and prosperity that surround you.

If you can’t, you have a ‘poverty’ mentality. With a poverty mentality, you are always thinking about the things you don’t have. Too often people lose their mind with the ‘poverty’ mentality.

They don’t see that what they already have is considerably more than what they don’t have.

That is the interesting thing about abundance; you don’t appreciate the abundance and prosperity you do have until it is gone.

You have family and friends. You have a home. You have food and water. You have LIFE!

Think about one of these abundance that you take for granted and imagine your life without it. Imagine if you could not to get clean running water from your faucet each time you were thirsty or wanted to wash something.

Imagine your life having to walk to the water well and pull out buckets of water which you have to carry back in order to have something to drink.

Here is an wonderful except from a poem that underscores this concept well.

“I wish you enough rain to appreciate the sun more” – Bob Perks

It would not be a stretch to say you take the sun for granted. Think about what life would be like without the sun.

Only when you have enough rain do people appreciate the sunny days.

Don’t wait for rain. Be grateful for the abundance and prosperity you do have, because you never know when it will be gone.

Look at your life differently and begin noticing how beautiful it is right now. You are wealthy and you are surrounded by a lot of blessings. Appreciate those blessings.



By: Mike Powers

About the Author:

SelfMadeEasy.com is a self help and personal development company empowering you to improve yourself and choose your own change. To learn more about abundance and prosperity and attracting abundance, visit http://www.selfmadeeasy.com/pd_abundance_and_prosperity.cfm



Power Tools For Entrepreneurs

Learn Full Details Regarding the Science of Getting Rich

May 29, 2009 by Zimmaron  
Filed under Uncategorized

The Science of Getting Rich gives you two choices. Focus all your energy in a negative way on your bills. If you do this your chances of success are almost zero. However if you focus your energy on creating extra residual income, eventually you’ll get it and fall in a higher tax bracket and join the 1% that are truly enjoying wealth and unlimited income in their lives. Anyone can do this, but it’s the mindset sadly enough that destroys 99% of the people today. This does not mean that 99% of the people out there are stupid, just grossly misinformed. If you can be that top one percent that’s truly informed and understands what it will really take to Get Rich on The Internet, at least you can decide for yourself if you’re willing to put in the work it will take to make this happen for yourself.

You’ll find that taking a peek at The Science of Getting Rich is a factor that can go a an incredibly long way towards putting you where you want to be and realistically How to Get Rich Slowly when different courses will unfortunately leave folks in limbo. This Get Rich Online system comes through like gang busters when it comes to making the type of cheddar that you are really trying to make.

If you are considering How to Get Rich at Home, you’ll find that you want to think where you want to be. What The Science of Getting Rich is trying to tell you on the other hand, is that you want to think about and focus on the Best Way to Get Rich. This system starts off by communicating with you that money is really not complete nor depressing and they certainly plunge all the way down and determine the I Want to Get Rich mentality.

How Do I Get Rich?

I wasn’t sure if you were aware of this or not, but you get out of life what you put into it. In other words, the more people you help to achieve their goals and dreams the easier it will be for you to achieve yours. This is called the Law of Reciprocity and this rule will never change no matter what Business Sector you are in. Also you need to do what you enjoy doing, not what other people, like your parents or peers are pressuring you to do. You have to do for yourself for all the right reasons, or your income will eventually collapse.

For instance, according to this source, out of one hundred folks who are being tracked from the onset of their careers to their retirement period, one will Get Rich at Home, only 4 will be financially set, five folks will go out and perform labor through retirement out of need, thirty-six will be dead and buried and an overwhelming fifty-four will be all out broke.

As you can determine with figures affiliated with this, educating yourself on the in’s and out’s of the Best Way to Get Rich and making sure that you can Get Rich Online can go a an incredibly long degree towards making you feel praiseworthy about the future. This metric seems like it would be outrageous for someone who is looking to Get Rich on the Internet, still more if you are familiar with The Secret and the Laws of Attraction.

If you have discovered that these sources have enriched our way of living, why not let something that has been built on a similar basis enrich you on a much more fundamental way as well? This is a factor that can go a an incredibly long way towards getting you where you want to be. Just keep saying to yourself I Want to Get Rich. Not only do you need this captivating mentality but you also have to get on a consecutive system of properly executed action steps to ensure that each day you are closer to your outrageous goal.

To Get Rich on the Internet takes a definite type of unselfishness, a unselfishness most of us only ponder about. The problem is 85% of the people trying to Get Rich at Home quit right before they are about to experience a major break through. If these folks had of just hung in there a little big longer, they’d be living in a million dollar house verses wondering how they are going to pay their next mortgage payment before incurring a late payment penalty.

For many people, getting ahead means that they have to work and slave away, but you can make sure that you can make your money the way that you want to, and as quickly as you want to! Take the time to think about what you can do to use The Science of Getting Rich in your day to day life and don’t delay when it comes to the powerful changes that can happen.



By: Brian Garvin

About the Author:
Let Internet Marketing Review Kings Brian K. Garvin & Jeffrey D. West present to you more with relation to The Science of Getting Rich now. You can always visit our website as we have a myriad of wherewithal to help you find what you mandate, with no obligation.



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