LESSON : MIND YOUR BUSINESS
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The RICH focus on their asset columns while everyone else focuses on their income statements.
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❗️Focusing on income statement results in Financial Struggle. Because, we will be working all our lives for someone else.
So what to do instead?
💯 Mind our business 💯
We can consider buying:
☑️ Stocks
☑️ Bonds
☑️ Income-generating real estate
☑️Notes (IOU)
☑️Royalties from intellectual property such as music, scripts and patents
☑️Anything else that has value, produces income or appreciates, and has a ready market.
But, ALWAYS ACQUIRE ASSET THAT WE LOVE.
Because, if we don't love it, we won't take care of it.
☑️Make each dollar in asset column a great employee, working hard to make more employees and buy the boss our dream house 🏡, our dream car 🚗,...
🔍Focus on our asset 🔍
☑️Differentiate your BUSINESS and PROFESSION... if necessary.
REMEMBER: Better accounting and cash management will result in better analysis of investment.
Robert Kiyosaki
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〰〰〰〰〰〰〰〰〰〰
The RICH focus on their asset columns while everyone else focuses on their income statements.
〰〰〰〰〰〰〰〰〰〰
❗️Focusing on income statement results in Financial Struggle. Because, we will be working all our lives for someone else.
So what to do instead?
💯 Mind our business 💯
We can consider buying:
☑️ Stocks
☑️ Bonds
☑️ Income-generating real estate
☑️Notes (IOU)
☑️Royalties from intellectual property such as music, scripts and patents
☑️Anything else that has value, produces income or appreciates, and has a ready market.
But, ALWAYS ACQUIRE ASSET THAT WE LOVE.
Because, if we don't love it, we won't take care of it.
☑️Make each dollar in asset column a great employee, working hard to make more employees and buy the boss our dream house 🏡, our dream car 🚗,...
🔍Focus on our asset 🔍
☑️Differentiate your BUSINESS and PROFESSION... if necessary.
REMEMBER: Better accounting and cash management will result in better analysis of investment.
Robert Kiyosaki
-