Step For being Wealthy
Being wealthy it's not just all about making lot of money, the wealthy person also had different financial mindset with others, thats way only 1 % on world population control all the money in the world, if you google with this keyword "wealthy person in the world" those wealthy person they are not employee but i'm not saying employee can be wealthy, they can be too if work with high rank in the office, wealthies person as you know is bussiness owner had run their bussiness and had day job in that bussiness. example bill gates, been named the richest man in the world by
Forbes Magazine's Annual list of the world's Billionaires. This is the 16th time that the founder of Microsoft has claimed the top spot, the other is wealthies person is investor, many of them are founder or co-founder product or service.
No. Name Net worth (USD) Age Citizenship Source(s) of wealth
- Bill Gates $79.2 billion Increase 59 United States Microsoft
- Carlos Slim $77.1 billion Increase 75 Mexico Telmex, Grupo Carso
- Warren Buffett $72.7 billion Increase 84 United States Berkshire Hathaway
- Amancio Ortega $64.5 billion Increase 78 Spain Inditex Group
- Larry Ellison $54.3 billion Increase 70 United States Oracle Corporation
- Charles Koch $42.9 billion Increase 79 United States Koch Industries
- David Koch $42.9 billion Increase 74 United States Koch Industries
Source :
Wikipedia
as mention before for wealthy person they had different financial mindset and this education is not found on school, I found this after read about financial advice books, found interesting advice in Robert Kiyosaki's best-selling series of financial advice books, and the third series is about investing,
this is the Robert Kiyosaki's books review
The first in the series,
Rich Dad, Poor Dad
was structured around the story of how Kiyosaki grew up in a family with a father who was a highly-paid official in the Hawai'i school system but who, no matter how much money he made, never seemed to be able to get ahead in his financial life. His advice to Kiyosaki was "Go to school, get good grades, get a good, secure job." Then when Kiyosaki was nine, he adopted a second dad, the now infamous "Rich Dad", the father of his best friend Mike. Rich Dad (who's name is never given in the books) came from a background that was very financially poor, but went on to become one of the wealthiest men in Hawai'i, building business after business and retaining his wealth through his own philosophy of money management. Rich Dad, Poor Dad chronicled and expounded on Rich Dad's advice to Kiyosaki, which could be summarized as: "Don't ever work for money. Make the money work for you. Only hold a job to gain skills, not to make a living. There is a surfeit of opportunity in the world- but you have to go to it, because it won't come to you. Create wealth." Kiyosaki took Rich Dad's advice to heart and went on to make several fortunes of his own.
The second Rich Dad book,
The Cashflow Quadrant,
was a discussion of the four different approaches to making money- as an employee, as a self-employed professional, as a business-owner and as an investor. Poor Dad valued security, and encouraged Kiyosaki to become a high-paid employee, like himself. But Rich Dad argued that the road to wealth and security lead away from the employee/self-employed half of the "Cashflow Quadrant" and into the business-owner/investor side, where a person can control his own future and financial destiny. Whereas Rich Dad, Poor Dad gave an overview of Rich Dad's financial philosophy, The Cashflow Quadrant detailed a crucial part of it- the argument that only through financial literacy and an understanding of the flow of wealth in the world can a person become wealth himself.
Rich Dad's Guide to Investing is the third.
Now comes Rich Dad's Guide to Investing. This book covering the types of investors, how to build a scale able business that can be sold privately, Although the title might lead some readers to believe that it's a guide to the world of IPOs-and-technology-stocks, it's really an even more in depth look at the world of the businessman and long-term investor, a more hands-on continuation of Cashflow Quadrant. In fact, the whole second half of the book is devoted to strategies for developing and profiting from your own business, which Kiyosaki calls "investing from the inside." IPOs are discussed in the last few chapters- but Kiyosaki is talking about how to do your own IPO.
Rich Dad's Guide to Investing is no get rich quick guide. Rather, it's a practical blueprint for building wealth even in you are starting out with very little free cash. But that's not to say that it's "no money down". In fact, the strategies outlined here require more than just money- they also require sizable amounts of time. But the Kiyosaki makes the tradeoff in time seem worth it, considering that the alternative he presents is a lifetime of financial constraint.
I especially like Kiyosaki's suggestions for planning and executing three separate tracks of investment: investment for security, investment for comfort and investment for wealth. His pyramid approach to business management was also very interesting. Overall, this book isn't as inspiring as Rich Dad, Poor Dad, but it has much more how-to-do-it type information, which I appreciated a lot. Highly recommended.
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