Simon Caddy

36 valuable lessons from RICH DAD POOR DAD: (Bookmark and Repost this) - The subject of money is taught at home, not in school. - By automatically saying "I can't afford it," your brain stops working. - There is a difference between being poor and being broke. - Money is one form of power. But what is more powerful is financial education. - The poor and the middle class work for money. The rich have money to work for them. - If you don't first handle fear and desire, and you get rich, you'll only be a highly paid slave. - Learn to use your emotions to think, not think with your emotions. - A job is only a short-term solution to a long-term problem. - The moment you see one opportunity, you'll see them for the rest of your life. - It's not how much money you make. It's how much money you keep. - Wealth is a person's ability to survive so many days forward. - Business owners with corporations: Earn, Spend, Pay Taxes - Employees who work for corporations: Earn, Pay Taxes, Spend - The rich hide much of their wealth using vehicles such as corporations and trusts to protect their assets from creditors. - Often in the real world, it's not the smart who get ahead, but the bold. - If you are the kind of person who is waiting for the right thing to happen, you might wait for a long time. - The single most powerful asset we all have is our mind. - It is not gambling if you know what you're doing. - Great opportunities are not seen with your eyes. They are seen with your mind. - We learn by making mistakes. - There is always risk, so learn to manage risk instead of avoiding it. - It is best to go broke before 30. - The main management skills needed for success are: - Management of cash flow - Management of systems - Management of people - Work with people smarter than you were and to bring smart people together to work as a team. - The primary difference between a rich person and a poor person is how they manage fear. - For winners, losing inspires them. For losers, losing defeats them. - If you have little money and you want to be rich, you must first be focused, not balanced. - Our lives are a reflection of our habits more than our education. - Too many people think with their mouth instead of listening in order to absorb new ideas and possibilities. They argue instead of asking questions. - One of the hardest things about wealth-building is to be true to yourself and to be willing to not go along with the crowd. - The reason you want to have rich friends is because that is where the money is made. It's made on information. - Be careful what you learn, because your mind is so powerful that you become what you put in your head. - If you're not tough inside, the world will always push you around anyway. - Copying or emulating heroes is true power learning. - Every self-made person started small with an idea, and then turned it into something big. - All of you were given two great gifts: your mind and your time. It is up to you to do what you please with both.