BOOK REVIEW OF “WHY WE WANT YOU TO BE RICH”. By Donald Trump and Robert Kiyosaki-BOOK REVIEW OF “WHY WE WANT YOU TO BE RICH”-The middle class is slowly dying. Most members of the middle class feel safe and secure; they are contented, even though most of them are aware of the problem that lies ahead.

Do You Want To Get Rich?

  • Leadership is about the vision ability to see what most people never see in the game of life and the game of money.
  • People want greater vision so they can see clearly with their own eyes and confidently make their own decisions.
  • This is about changing you so that you do not become a victim of the changing world
  • As your financial education increase, you will start to recognize financial opportunities everywhere.
  •  “Material abundance without character is the surest way to destruction.” – Thomas Jefferson.
  • People who are capable of thinking for themselves will ‘rarely’ be part of any herd.
  • “I think, therefore I am” – Descartes.

Therefore, think big.

  • It is time to raise our financial IQ, Intelligence is the ability to solve problems.
  • Leverage – to do more with less.
  • Work hard – they think only about themselves working hard.
  • There is very little leverage in this sort of working hard.
  • While we work hard, we think about other people working hard for us to help make us rich, that’s leverage.
  • Bank love people who can borrow money and get richer and not people who borrow money and get poorer.
  • Using debt as leverage, but first, invest in your financial education before you invest with debt.

Be careful when using debt for any reasons

  • One of the differences between mutual funds and hedge funds is leverage.
  • Diversification is protection again ignorance.
  • Warren Buffet said, “Keep all your eggs in one basket but watch the basket closely.
  • “Do not buy a lot of different assets, instead stay focus.
  • In fact, the way I set ahead is focusing not diversification.” Robert Kiyosaki.

FOCUS = Follow One Course Until Successful.

  • “To me, diversification is a defensive posture, so I see very little offensive leverage in diversification.” Robert Kiyosaki.
  • The traditional financial planning advice of work hard, get out of debt, invest for the long term, and diversity is good for the average investor.
  • It is also good advice for the person who is rich and not interested in learning how to become an investor.
  • Leverage is the ability to do more with less.
  • There are three things you can invest in – Yourself, Your Time, and Your Money.

When it comes to investments, the questions you should ask are:

  • Number one- How do you reduce risk and increase returns?
  • Second How do you find great investments?
  • Thirdly How do you know a good from a bad deal?
  • Fourth is How do you get the experience without risking money?
  • Fifth-How do you handle losses?
  • and Six is- How do you find good financial mentors?

 Money is a measure of your mastery.

  • The winners in life are those who love the game life the most.
  • In addition to leveraging, active investors who invest to win want control.

Would you drive a car without any one of the following six factors:

  • 1) Steering wheel
  • 2) Brakes
  • 3) Gas pedal
  • 4) Gear shift
  • 5) Driver’s license
  • 6) Insurance

 Donald Trump and Robert Kiyosaki recommend and support network marketing primarily

  • because of the education aspect of the industry.
  •  Select a profession for the education aspect more than for the compensation.
  • If you cannot sell, you have very little control over your income.
  • Daniel Pink in the book A Whole New Mind said, “The future belongs to creators and empathizers, pattern recognizers and meaning maker.
  • These people will reap society’s richest rewards and share its greatest joy.”


 Creativity makes you rich.

  • The more creative you are, the better your chances of becoming rich.
  • Creative people do not need to be motivated by people.
  • They motivate themselves.
  • They listen to and use both sides of their brains for the maximum potential they find inspiration instead of waiting for it.
  • Be very focused and be very open to new ideas, and inspiration that might come along.
  • Statistics show that out of ten startup businesses fail in the first five years.
  • And of the one that survives, again 9 out of 10 of the survival fail by the tenth year.

The mission is the most important part of a business; it is the heart of a business.

  • Without it, most entrepreneurs will not make it because the road ahead is a hard one.
  • Too many businesses are people-dependent instead of system-dependent.
  • Many people today are in financial trouble because they never get beyond the “ME” mentality.
  • For you to become rich, you may need to change what you are doing,
  • Commit yourself to change at least three things that help you progress in your life.
  • Include an action as well as a time frame to hold yourself accountable.
  • Examples, “I am going to stop watching television 3 times a week and start looking for the seminar to attended instead;”
  • “I am going to stop being just an employee and take up a second profession that can help me grow my life and my income.

We all know people who have Desire, but they look either the Drive or the Devotion or both.

  • We all know people who have Ambition, but they never develop their Abilities often because they have a Bad Attitude.
  • And We all know people who have great Educations but lack Real-world Experience.
  • When they lack real-world experience, they often are liable to Execute or perform in the real world.
  •  We all know people who are successful but without Honor. ‘
  • We all know people who are successful but lack Humility,
  • and we all know people who do not have a Sense of Humor- they have lost the ability to laugh at themselves.

And We all know people who are successful, but not happy.

  • Our traditional education did not prepare us for the real world. It prepared us to be employees.
  • To whom much is given, much is expected.
  • The harder I work the luckier get.
  • Combat is not risky, being unprepared is.
  • Never tell people how to do things, tell them what to do and they will surprise you with their ingenuity

What you cannot enforce, do not command.

  • We are what we repeatedly do.
  • Excellence then is not on act, but a habit.” Aristotle
  • The quality does a person’s life is in direct proportion to their commitment to excellence, regardless of their chosen endeavor.
  • Warren Buffet refers to derivatives as “Weapon of Mass Destruction.”


A network business that meets 5 criteria:

  • 1) Leveraging – can I train other people to work for me?
  • 2) Controlling
  • 3) Creativity
  • 4) Expendability
  • 5) Predictability
  •  A leader inspires you to be bigger than your doubts and fears.
  • A leader has a vision and teaches others to see with their mind. Stanley Cham
  • Richness Coach – I want YOU to be RICH.
  • “Select a profession for the education aspect more than for the compensation.”


How to Get Rich? 25+ Great Ideas To Create Wealth

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