Money Making Online

Based on Kiyosaki’s work

We all could agree: we have risks if we are going to create a business or make investments. Undoubtedly. If those things were not risky and you could always be successful, all the people would be safely rich.

However, the biggest percentage of the risk doesn’t come implicitly from the fact of creating a business or making investments. The true risk comes from the ignorance. And not only in the financial field, but in any aspect of the life.

The most bigger risk is be an ignorant person. If you try to create a business and you don’t worry about learning the basis (at least) about administration, marketing, finances, accounting, and computer science, your risk is big. It is possible you have success, but it will happen because you was lucky, not due to your skills as manager.

In the same way, if you make investments without understanding them fully, either in the stock exchange, in financial papers or in real estate, you have a great risk because the most probable thing is you are trusting blindly in the opinion of somebody: a newspaper, a magazine, a stock broker or your banker. And the opinions are only opinions. The opinions are not facts. The opinions can be guessed right or mistaken.

Many people criticize Robert Kiyosaki because, according to them, he doesn’t approve in his books the fact of going to the school. The truth is that I have read several of his books and I don’t think he doesn’t support the education. In fact, in his books it is frequently affirmed that in this information age, the education is much more important than never.

The other thing is the educational system. People confuse education with educational system. Our educational systems have not evolved. They are obsolete. The educational system is still teaching things to people in a passive way, without passion, boring. The students feel like in a jail where they inhibit their expression and their creativity. Besides, people are trained to look for employments that maybe won’t exist when they become graduated. Few schools are taking actions to prepare people for this new global world full of computer technology. Only few schools are showing to the youths all the opportunities that the Internet and the technology offers to them in order to do what they want with their lives, even if they are not Engineers or technical professionals. In fact, nowadays with Internet, some careers (like being a writer) can have a very important resurgence.

And we are not mentioning the financial education yet. It is rare to find it in the schools. Most of the young people continue graduating themselves with the mentality of going out and finding an employment where they can earn a lot of money to work there for many years, to sustain their families and finally become a retired with a guaranteed pension.

The problem is nowadays the job market is very volatile, the wages are lower than thirty years ago (adjusting the inflation), the families are not able to live with only a salary and the pensions are not the responsibility of the government or the companies anymore: it is our responsibility. And because the jobs market is so volatile, it is very difficult for us to maintain an employment during five or more years.

Why do the schools continue preparing people for a world that no longer exists? Why don’t they teach some basic business administration skills to the people in the high school? Why don’t they teach basic marketing lessons? Why don’t they teach to the students the abilities to manage the finances correctly by acquiring assets and avoiding liabilities? Why don’t they teach to the students strong basis of the accounting? Why don’t they make sure that all the youths learn the ecommerce basis and the Internet businesses? I don’t have concrete answers, but I think those issues are there because the schools have been bound to the government’s programs and the government is full of inefficient and slow systems with a lot of bureaucracy. While the information age is moving forward with constant acceleration (growing speed), the political system and the educational system are moving forward with constant speed (no acceleration), and this speed is not actually the quickest.

Nowadays, the true financial risk is don’t have the necessary abilities to take care of our own future. We have a true risk if we are trusting that we always will have an employment and a safe salary. The true risk is that our youths graduate themselves from the school and they find a very different world than the one they hoped to find: this could make a crude and suffering life for them. The true risk is not produced by creating a business or investing the money. The true risk comes by not being educated in the appropriate matters in order to make those two things in a way which you can minimize the risks. The true risk comes by not trying to find the financial freedom by fearing the failure. The true risk comes by looking for the security in a job by sacrificing our freedom (and sometimes our health). The true risk is the financial ignorance maintaining us living from one check to another.

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Robert Kiyosaki

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