Rich Dad, Poor Dad

Lessons from Rich Dad, Poor Dad Chapter 1 part 2

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Happy Today!

Last week I posted quotes and lessons from Rich Dad, Poor Dad Chapter 1. Today I want to add a few more observations from the same chapter.

This is my second reading of this book and I am learning things from this book that I didn’t get during the first reading.

Here are my final 8 observations from Robert Kiyosaki through Rich Dad, Poor Dad.

8 Lessons From Rich Dad, Poor Dad:

1. Choose to take risks.

“Deep down you were terrified of taking risks. You really wanted to win, but the fear of losing was greater than the excitement of winning. Deep inside, you and only you will know you didn’t go for it. You chose to play it safe.”

2. Recognize when you are the problem.

“If you realize that you’re the problem, then you can change yourself, learn something, and grow wiser.”

3. You lose when you continue to blame everyone else.

“They quit and go looking for another job, a better opportunity, and higher pay, actually thinking that this will solve the problem. In most cases, it won’t.”

4. Get angry. It is another emotional motivator if used correctly.

“You see, true learning takes energy, passion, and a burning desire. Anger is a big part of that formula, for passion is anger and love combined.

5. Recognize how fear is working in your life.

“Just know that it’s fear that keeps most people working at a job: the fear of not paying their bills, the fear of being fired, the fear of not having enough money, and the fear of starting over.”

6. Lack of financial education is a problem.

“They think that more money will solve the problem and don’t realize that it’s their lack of financial education that is the problem.”

“One day they wake up with big money problems, and then they can’t stop working. That’s the price of only knowing how to work for money instead of studying how to have money work for you.”

7. Understand your emotions.

“Be truthful about your emotions and use your mind and emotions in your favor, not against yourself.”

“Learn to use your emotions to think, not think with your emotions.”

8. Never stop searching for information

“He explained that once a person stops searching for information and self-knowledge, ignorance sets in.”

 

Til next time,

“To spend your life living in fear, never exploring your dreams, is cruel.” – Robert Kiyosaki

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