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Just finished reading Rich Dad Poor Dad for the umpteenth time - great book.
What are the key lessons from the book?
A thread.
What are the key lessons from the book?
A thread.
1. To win, you have to understand that failure is part of the process, see it as a growth opportunity. Never fear failing.
"Winners are not afraid of losing. But losers are. Failure is part of the process of success.
People who avoid failure also avoid success"
"Winners are not afraid of losing. But losers are. Failure is part of the process of success.
People who avoid failure also avoid success"
2. You can not talk or dream yourself into getting rich. You have to take action.
"You’re only poor if you give up. The most important thing is that you did something. Most people only talk and dream of getting rich. You’ve done something.”
"You’re only poor if you give up. The most important thing is that you did something. Most people only talk and dream of getting rich. You’ve done something.”
3. “Emotions are what make us human. Make us real. The word 'emotion' stands for energy in motion. Be truthful about your emotions, and use your mind and emotions in your favor, not against yourself.”
4. If you’re the kind of person who has no guts, you just give up every time life pushes you.
If you’re that kind of person, you’ll live all your life playing it safe, doing the right things, saving yourself for something that never happens. Then, you die a boring old man.
If you’re that kind of person, you’ll live all your life playing it safe, doing the right things, saving yourself for something that never happens. Then, you die a boring old man.
5. Do you face your fears or run away from it?
"The primary difference between a rich person and poor person is how they manage fear.”
"The primary difference between a rich person and poor person is how they manage fear.”
6. Money Twitter loves this one
"In school we learn that mistakes are bad, and we are punished for making them. Yet, if you look at the way humans are designed to learn, we learn by making mistakes. We learn to walk by falling down. If we never fell down, we would never walk.”
"In school we learn that mistakes are bad, and we are punished for making them. Yet, if you look at the way humans are designed to learn, we learn by making mistakes. We learn to walk by falling down. If we never fell down, we would never walk.”
7. Are you buying Stocks or the lastest iPhone?
“Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.”
“Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.”
8. Don't just have a goal. Have a mission, have vision.
"Sight is what you see with your eyes, vision is what you see with your mind.”
"Sight is what you see with your eyes, vision is what you see with your mind.”
9. Really though?
"Workers work hard enough to not be fired, and owners pay just enough so that workers won’t quit.”
"Workers work hard enough to not be fired, and owners pay just enough so that workers won’t quit.”
10. The stronger your will, the easier the task.
If you want it bad enough, you will certainly find it.
“As I said, I wish I could say it was easy. It wasn’t, but it wasn’t hard either. But without a strong reason or purpose, anything in life is hard. ”
If you want it bad enough, you will certainly find it.
“As I said, I wish I could say it was easy. It wasn’t, but it wasn’t hard either. But without a strong reason or purpose, anything in life is hard. ”
