I just finished reading
This book called me out.
There is a story at the beginning where Robert takes his
financials in to his rich dad to examine how his company is doing. Rich dad then states that his company has
financial cancer and that it is terminal.
He also gets very upset and angry at Robert. He’d been taking worker’s wages and taxes owed to the government
to buy expensive cars. Rich dad told
Robert that we all have characters inside of us. We have a crook. We have
a whore. We have a saint. We have a wimp. We have a hero. We have a
liar. We have a truthful person and on
and on. Rich dad told Robert to get out
of his office and not come back until his employees and taxes were paid. Part of that conversation included saying
that we all at some play each of those roles and we have to decide which one
we’ll let win out in our current situation.
Further into the book Robert talks about a quiz his rich dad
would give his son and Robert. The quiz
was this, “If you woke up jobless, homeless, moneyless, what would you
do?” Before I’d even read on I’d told
myself I’d immediately go and get a job of some sort to help tide things
over. Rich dad’s response to someone
with that answer was that they were programmed (currently) to be an E in the
cash flow quadrant. He even said this
was reasonable to be expected since that is how we’re trained all through
school, which is exactly what I talk about here. An E is an
employee. Well this bugged me as I
don’t want to be an E.
If someone responded saying they’d figure out a way to get,
start, or buy a business then they were a B, for business. If someone said they would try and find some
type of investment to get to make them money with their own resources or those
of another person/investor and if this was the case then they were set to be an
I, or investor. Both of these trains of
thought were completely absent in my knee jerk response. That upset me. I know that other quadrants in the cash flow quadrant are where
real wealth is made. I have ignored
that though for years.
I’ve given in to and let the wimp inside of me win that
battle time and again. I however am not
going to continue with that. I’m going
to work on building businesses. I am
likely to fail at business and investing.
That doesn’t mean I’m not going to learn from it. It also doesn’t mean I can’t start again on
another one. It doesn’t mean I can’t
read and study and workshop and mastermind and scrap to get ahead of those
failures and WIN.
At this point I’m just talking to myself.
One interesting line the above book is that Rich dad calls
excuses “lies we tell ourselves”.
One interesting question that struck me particularly that
Robert poses to a married couple who both work very high paying jobs was, “How
much can you sell your job for?” In the
book he just lets the question hang and the wife keeps asking him to explain
what he meant/means. The husband then
starts asking himself the question out loud rhetorically. They then walk themselves through the fact
that they can’t sell their jobs.
They’re working and enriching someone else. When they’re done with their job they’ll have nothing to show for
it. That last point is a big part of
the book.
The whole book woke me up to the fact that I’ve been looking
at my job as freedom instead of as security.
People want security and they THINK they have freedom because of
it. Robert points out however that the
most secure place in the world, a maximum security prison, is quite certainly
the least FREE place there is to live.
What is interesting about this whole book is how
psychologically intelligent and MATURE rich people can be. They’re very honest with themselves and very
accountable. They tell the truth deep
down it seems.
Let me clarify that this may be met with skepticism with the
elite/rich who are corrupt to the core and running a big chunk of the world
these days. While this may be so they
are also very rich. What I identify as lasting
wealth characteristics in a person are also mature emotional and psychological
characteristics. While the corrupt are
corrupt, doesn’t mean they’re building lasting wealth, which is perhaps
the distinguishing component that is needed here…lasting. Sure the corrupt win by cheating, lying,
stealing, it won’t last forever.
I notice that healthy doses of reality and accountability
are what make the difference between someone who succeeds at business and one
who doesn’t. That is what I want to
strive for. Those things are also
important in overcoming any kind of addiction.
Interesting stuff.
Great review and even deeper thinking. Wowser
ReplyDeleteThanks! Ya that guy is a genius for reals. Kudos to you introducing us to him so long ago.
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