Money Making Online

Based on Kiyosaki’s work

Personally, this point has been a difficult step for me in the search for financial freedom. Having a true mentor who is successful in the business and investment world, can be difficult in a society where most people have a financial fight to stay afloat.

It evidences that most people are caught up in what Robert Kiyosaki and other authors call “the rat race”. Many of them are afraid of losing employment because they depend on it to survive. Other people are simply caught up in a debt trap. And other people consider themselves as business owners, when they are self-employees who fight to stay afloat, month by month, without a long-term vision. Finally, other people believe they are investors getting really low yields or betting and praying so the stock market doesn’t crash.

So far, I have decided that my mentor is Robert Kiyosaki although I don’t know him personally. Through his books, I try to know him and enter into his mind in order to learn everything I can from him. At the same time, I read about the biographies of businessmen and investors such as Henry Ford, Rockefeller, J.P. Morgan, Walt Disney, Bill Gates, Donald Trump, etc.

Although it is not the ideal way, at least it is better than having bad mentors. Sometimes, people ask advice from a person who is in the same situation or worse: relatives who are only employees with no experience in business, stock brokers who get a wage even if you lose money, small business owners who are close to bankruptcy, financial journalists who are known as experts when they are only employees of a media company, or friends who are interested in wasting time and spend money on useless things.

Someday, I hope to find my own mentor, personally. But without a doubt, I will choose that person carefully.

Most people are not aware of seeking a mentor, and they try to be successful by trusting their own financial knowledge. That is not bad at all. The problem is that almost all people come from an educational system that teaches us to be employees or self-employees and those people don’t have enough knowledge about the money. So, if we don’t invest time in the financial education first, our plans will be quite risky.

Another important aspect is the environment that surrounds us: the people who are surrounding us most of the time. If we don’t create a favorable atmosphere, our destiny will be similar to the destiny of trees planted in a bad soil.

Kiyosaki proposes an exercise:

1 - Write down in a piece of paper the names of 6 people who surround you most of the time.

2 - Write down next to each person, from what quadrant the money come for this person in a major proportion: Employee, Self-employed, Business Owner or Investor.

3 - Write down what kind of investor each person is, according to the classification of the “seven levels of investors“.

4 - Now, write down what quadrant you are in (at this time) and what quadrant you would like to be in.

5 - If most people in your list are in the quadrant you would like to be in, then you have a great chance of achieving your goals.

Question: Do you need to make changes in your daily environment and relationships? Have you identified a mentor yet?

Tags:
Robert Kiyosaki

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