I have thoroughly enjoyed reading the famous book , the New Yorks Timers Bestselling Authors, entitled ‘ why we want you to be rich?’ The authors are very well known for their own unique attitudes that account for their own success today.
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But the question is why they both want to write this book together, the answer is s
imple, they share the same CONCERN.Donald Trump and Robert Kiyosakinever should have met , much less written a book together. Donald Trump is from New York(The financial capital of the world),hailing from wealthy family who started making money at young age now a so called ‘Billionaire’.
Robert Kiyosaki is from Hawaii( vacation capital of the world), he is from a middle class family and become a millionaire later in his life.
Both of them are successfully entrepreneurs and investors.Donald Trump has his megahit newtwork television show –The Apprentice and Robert Kiyosaki has his television show ‘Rich dad Guide to wealth. On PBS, the highly acclaimed educational public television network.
They are both financially free and do not need to work anymore, they choose to continue work harder than ever.but just because they share the same concern, they are being brought together to teach people to have a rich financial intelligence/IQ. They want people to work and invest to win, and be an active investor.
I personally like this quote: ‘Give a man a fish could have feed him for one day, but teach a man how to fish could have feed him for the lifetime.’ That is the reason why both gentlemen come together, share their pwn concerns and precious advices to teach people of different backgrounds, be it poor, middle class or rich to be financially independent and financially well equipped.
Frankly, this book is not all about teaching you where to invest,like Forex trading, Real Estate, stock market,insurance,property etc..but it is concerning money, financial education and the effects to the lack of financial education and money management.
Donald Trump own a big company known as the Trump Tower, for those of u guys who have watched ‘The Apprentice’ before, you would probably familiar with the gilded entrance to Trump tower on New York city famous 5th Avenue.
Through watching ‘The apprentice’, I learn somethings new: real life doesn’t give a lots of room for sympathy and excuses. Life is not a dress rehearsal , it is the real thing.
While reading this book, I really loves to quotes some of the famous saying of these tow well known figures.
Donald said ‘In just a few years, millions of baby boomers will retire, the gov will have to admit it is out of money , the price of oil is going through the roof , our dollar is dropping in value,inflation is out of control and we are still at war in the middle East.We need to teach people to be rich, or at least how to survive the next few years today, not tomorrow.’
Like what Robert Kiyosaki has mentioned in the book, he has spotlighted some very real problems that face all of us today:
1. A Growing trade deficit
2. A growing US national debt
3. A falling dollar
4. Baby boomers without money
5. Higher oil prices
6. Entitlement mentality
7. Tax breaks for the rich
I personally would have agreed to all the points stated, as I feel the entitlement mentality is getting more and more common nowadays since millions of people lack financial resources, they now expect gov to solve their financial problems or to take care of them.
They also write about the emergence of China and India today.Many think it will takes years for China and India to approach America position as the largest economics power.
Recently, Robert meet his friends from Europe and when I read about that, it really amusing me.
China has indeed a huge amount of coverage over there.
1. The first Starbucks opened in China back in the year 2005. There are now more Starbucks in China than in US.
2. In the 1970s,Shanghai had exactly one skyscraper but it now has close to 800.
Those 2 facts are quite staggering. China is a great force. Its population is such that one in every five people in the entire planet is Chinese . China has the vibrant economy and workforce that has adapted very well to the new technology.To me, the Chinese are industrious and disciplined.
While, we are moving to talk about india,here are the facts to get us going:
1. India is one of the world largest and oldest continuous civilization.
2. In the last 10000 years, india has never invaded any country.One of a few countries in the world that gained independence without violence.
3. India is the world largest democracy.
4. Sanskrit is the mother of all European languages.
5. Chess was inventd in India
6. India invented the number system.(I still remember I learnt it in my History Science Philosophy Subject about the number system starting rom Brahmi, Gupta, advances to Modern Arabic numeral.)
7. India is the largest English speaking nation in the world.( wow!!i couldn’t believe that, at first I thought it was US or European countries that count)
So can you really spot oppurtunities that may arise from these economics changes?
In the next more decades, I believe India and China would be two emerging great forces in becoming the world economics major player.
Well, there are indeed a lots more insightful readings to share it here. But so far I have not yet completing reading the whole book. Oh no, I have borrowed it from library for the nearly 2 weeks times, got to return it as it might be overdue. However I will trying to finish it up, and meanwhile, learn something beneficial from the 2 most famous figures pieces of writing.
Last but not least, This is what differentiates between the rich and the poor:
What is essential sometimes be invisible to the eyes. That is where the discernment comes in.
I will share it more here if I have the time of logging into my blog the next time I am free from any activities , projects and assignements.=)
