Category: Book Club

Book Club

Chapter 9: More To Do’s

I vividly recall when I made the decision to move towns. My business strategy was not working as I anticipated so I had to take the leap: either do the same thing with the same results or think different. The past one month has been full of its ups and downs and I have been…

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Chapter Eight: Getting Started

“There is gold everywhere. Most people are not trained to see it.” To find million dollar ‘deals of a lifetime’ requires us to call our financial genius. I believe that each of us has a financial genius within us. It lies asleep because our culture has educated us into believing that the love for money…

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Chapter Seven: Overcoming Obstacles

"The primary difference between a rich and poor person is how they manage fear." Even when you are financially literate, you may still not grow your asset column because of the following reasons: Fear Cynicism Laziness Bad habits Arrogance Overcoming Fear The fear of losing money is real.I have not met anyone who doesn't have…

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Chapter Six: Work to Learn, Don’t Work For Money

"Job security meant everything to my educated dad, learning meant everything to my rich dad." Skilled But Broke I had an interview with a skilled writer. "Someday I would love to be a bestselling author like you,"she said. I suggested that she takes sales classes that were offered by a friend of mine. She was…

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Chapter Five: The Rich Invent Money

"Often in the real world,it is not the smart but the bold who get ahead." In the real world, something more than academics and grades is required. Inside each and everyone of us is a brave,brilliant and daring character. The only thing that holds us back is self-doubt.Some of us are geniuses in school but…

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Chapter Three: Mind Your Business

“The rich focus on their asset columns while everyone else focuses on their income statements.” Ray Kroc, MacDonald’s’ founder was invited to give a talk to an MBA class. He asked the students, “What business am I in?” After an awkward silence, someone replied, “Who doesn’t know you sell hamburgers Ray?” “I thought you’d say…

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Chapter Two: Why Teach Financial Literacy?

“Life is not about how much money you make, it is about how much money you keep” After the rich dad’s demise, Mike took over his father’s empire and run it even better than he had been groomed. The meaning of retirement True retirement means that with or without working, the money still streams in.…

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Chapter One: The Rich Don’t Work For Money

Robert and his friend Mike attended the same school as rich kids even though they were poor. They faced segregation because of their state when Jimmy, whose parents seemed to be doing well, did not invite them to the beach house. This prompted them to begin their first business, money laundering, in an attempt to…

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RICH DAD POOR DAD: The Introduction by Sharon Lechter

Sharon narrates her life at the very beginning of this best seller. She was raised by parents who provided the best formal education. She graduated with honors; got a good job, a good family and settled. She sorted to raising her son the same way her parents did her. However, the world had changed; graduates…

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