Thursday, February 26, 2009

Rich Dad, Poor Dad

Robert T. Kiyosaki - Rich Dad, Poor Dad

The introduction sounds very exciting.

This is an easy read, Robert T. Kiyosaki simplifies every concept to the minimum.

The book deliver valuable content, and the take home message is "Wake Up, Take the Time, Train Yourself and Do It Everyday"

"Workers work hard enough to not be firedt, and owners pay just enough so that workers won't quit."

"For Winners, losing inspire them. For Losers, losing defeats them." [Inspire them to train, get better and succeed next time]

"tax lien certificates instead of CDs"

"How can I afford it?"

"My income comes from a Nevada corporation"

"I always make offers with escape clauses. 'subject to approval of business partner'. Most people do not know that my partner is my cat."

"Think Bigger First"

Suggested readings:

Peter Lynch - Beating the Street
Joel Moskowitx - The 16% Solution, 2009 Edition: How to Get High Interest Rates in a Low-Interest World with Tax Lien Certificates
Napoleon Hill - Think and Grow Rich: The Landmark Bestseller - Updated for the 21st Century
Donald Trump - Trump: The Art of the Deal

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