do you know why the traditional path of go to school get a job and save isn't making you rich meanwhile the gap between the rich and most people just keeps growing could it be that you've been following the wrong advice all along what if there was a different way to think about money that could completely change your financial reality in today's video I'm going to show you why the old advice about saving and working hard might be holding you back from a aing true wealth if you want to discover how to really get rich stick
with me until the end because what you're going to learn here might be the key to transforming your financial life the most obsolete idea we're taught is go to school get a job work hard save and invest for the long term but let's think for a moment would you save money when they're printing trillions of dollars the gap between the top 1% and the rest is huge this isn't just about money it's about seeing the bigger picture within each of us there are three types of people the poor person the middle class person and the
rich person the poor person wants to survive the middle class seeks security and the rich person is always thinking about growth the problem is no one teaches you how to be that rich person since school we are conditioned to seek security but not wealth if you want to change that you need to learn to think like the rich now if you're ready to change your mindset and your financial life comment below with the phrase I'm going to get rich I'll put a little heart on your comment and you'll be taking the first step to becoming
truly rich and if this video is adding value to you click like now do this and I'm sure you'll be the first millionaire in your family if you read Rich Dad Poor Dad my Rich Dad refused to pay me he said that a salary was one of the most harmful things you could accept in your life he said that the moment you accept a salary you become an employee and that's the mindset so my rich dad never paid me this drove my poor dad a government employee crazy you have to pay people you have to
pay people and the Rich Dad wasn't saying that a salary was bad he was saying that you didn't want to be a slave to money so as an entrepreneur if the rich dad went bankrupt I would simply start another company I don't need a salary I don't need anyone to take care of me if my government doesn't like me I move to another country because they need entrepreneurs so the entrepreneur is not so much about the business the entrepreneur is really about the mindset and skills and a different set of rules you see I don't
operate small businesses I don't operate by the same rules as large companies entrepreneur is a mindset first a set of skills and rules and depending on whether you are an employee or a small business owner the rules are different the mindsets are different the skill sets are different rich people shrink back and say don't tell them that Robert yes don't tell people what you know keep them poor my father was the head of Education a PhD all those things I come home and ask him why don't we learn about money in school and he looks
at me and says because the government doesn't allow us to teach that subject the government tells us what we can teach and what we can't teach and I found that strange I said but aren't we going to school to learn about money he says no your job is to get a job I said but you get a job to make money he says no you're just supposed to get a job I said isn't the purpose of a job to make money he says you're correct I said so why don't I learn about money I can
skip the job part and he got frustrated and said if you want to learn about money why don't you ask your best friend's dad about money I said why ask him he says because Mike's dad is an entrepreneur I said what are you he says I'm an employee I'm a government worker I said oh what's the difference he says the difference is that an entrepreneur must know about money or they're no longer entrepreneurs and he said an employee doesn't need to know anything about money because the government will take care of it and the company
will take care of it so I was a kid all confused but I followed my dad's advice and went to Mike's dad's office knocked on the door and said hey I'm here 9 years old teach me about money he says get out of here kid but that's where the story of Rich Dad Poor Dad began and eventually through persistence my rich dad started teaching me about money on one condition and that condition was he would never pay me he says the moment I pay you you think like an employer he says that's the Trap entrepreneurs
work for free and now I'm 9 years old my head is exploding he says you never want a paycheck you understand that kid okay I got it and I said well how do I make money he says that's what entrepreneurs figure out so how do I learn about money so he simply pulled out a Monopoly board game and restaurants and I would clean and do small tasks and as I got older I started working in the office marketing and accounting and basically I was an apprentice but always worked for free and he taught me about
money but the way he taught me about money was by playing Monopoly and finally one day I got upset I said when are you going to teach me about money he says what do you think we're doing we're playing Monopoly I said no what do you think we're doing he says what do you think we're doing I said I don't know he said I'm teaching you about money and then this is what you have a greenhous he says there are many formulas for great success in money thousands of them but one of the best found
in the Monopoly game still today four green houses one red Hotel I said what he says one of the greatest ways to acquire great wealth is by playing Monopoly in real life four green houses one red Hotel I said is that it he says that's it and he says what do you think I'm doing and I was like I'm I don't know so he took me outside and showed me his green houses and 10 years later when I was 19 I was now in school in New York and I come back to Hawaii and Rich
Dad had bought the biggest piece of land right in the middle of weiki Beach and when you go to weiki beach today you'll see the Hyatt Regency Hotel that was his hotel just like the Monopoly game acquired assets and they became bigger assets he just continued what is called a assemblage because that property wasn't that big at the time so he had to buy out all the little guys because weiki was a little slum town so he'd buy this store owner and buy that store owner it took a while but he finally assembled this large
piece of property and then he and Hyatt built this massive hotel and it just sold for $800 million so that's how I learned about money the reason I wrote Rich Dad Poor Dad was because I knew this time was coming and we we as a world have never been here before so it's a scary time heck yes it's probably the most dangerous time ever there's nothing to compare it to as there has never been a global economy before for instance a 100 years ago if there was a stock market crash in England it didn't affect
anyone else but now if the United States Market crashes the world crashes so more with social media and everything we're doing now we've never been here before and I'm exced excited about it because I make more money in crashes than when they go up but for the average person they will be decimated I fear the worst case scenario I hope I'm wrong but I think we're heading for a global depression how does this unfold for the average worker Robert for the small business owner I mean what will the next 3 months look like because it
doesn't look pretty I mean people are already being laid off made redundant companies are running out of cash flow most of them how does this unfold well let me take another step just to give an idea of the scale of this okay the national debt from World War II was 25 billion today every day they're printing $125 billion every day that's like five world war I's a day they are printing so much money to keep this up think of a hot air balloon with a tear in it and they are desperately trying to patch that
tier but no matter how hard they try the tier has gone beyond it's going going down so in financial terms this is called our debt to GDP now it went from 60 to 90 to 105 it's going to 120 we're broke and they're going to print more and more money which means Savers are losers as I predicted your money will be worth less in a few years so my message is the same as some of your other guests this is a financial education of the metamorphosis kind in which dad terms it's really fin fincial transformation
and the definition of metamorphosis is very important metamorphosis the definition is the evolution or transformation from an immature form to an adult form from an immature form to an adult form metamorphosis is the same as a caterpillar transforming into a butterfly and Fuller always said there is nothing that predicts a butterfly inside a caterpillar so everyone listening right now if you're struggling financially just think of yourself as a little caterpillar and this crisis is your cocoon the question is how will you emerge do you emerge as a victim the world did this to me and
capitalists are corrupt and the rich are bastards and all these things or do you say oh this is the best thing that ever happened to me the same with my health I am ground zero for the Corona virus all it does is inspire me to get healthier are you going to get healthier and wealthier or are you going to go bankrupt your choice is between your ears your heart your body your mind your spirit your attitude this could be the best thing that ever happened to you physically mentally emotionally and spiritually if you transform into
a butterfly or someone is going to step on you like a little worm your choice if you could say one thing to someone who has never been an entrepreneur and is thinking of taking the leap of faith to become one what would you say to them well I'd say the same thing that happened to me my last paycheck I remember it clearly was one of the worst and best days of my life and I was in Puerto Rico working for Xerox and my boss gave me my last it wasn't a paycheck it was a bonus
check I think it was about $30,000 taxable there's just one problem with that so I got this check and thought wow you know so I was excited but also upset and then another guy comes up to me his name was John and John says to me you'll be back I said why he said because you're going to fail I looked at him and said using some Choice words because that's what he did he left Xerox failed and came back I said look you failed and came back but I'm going to fail and never come back
and that's the attitude you know if you say well if I fail I'll go back to Mom and Dad then that's what you'll do so if you fail that's when I became an entreprene R preneur because I had no money I was broke for years I didn't have a paycheck but that's what my Rich Dad encouraged me to do he says when you don't have this paycheck you get hungrier smarter and it's a test of your character are you going to become a criminal are you going to become dishonest are you going to cheat and
steal or are you going to become a better human being so really that's the benefit of becoming an entrepreneur is that you really find out who you are are when you've got nothing you always have to look at the bigger picture many people look at what's going to happen to me but when you look at the bigger picture you also know that when something bad happens something good will happen but you have to prepare for what's coming if you think the next 20 years are going to be like the last 20 years you're going to
get crushed when you and I go to the grocery store and buy a carton of milk we always check the expiration date but most people don't check the the expiration date on their brains instead of getting out of debt I go into debt I just refinanced 300 million in debt I went from 5% to 2 and 1 half% interest I made a fortune every month more money comes in because the cost of money went down so while some Financial experts say to get out of debt I'm saying learn how to use debt see when I
came back from Vietnam in January of 1973 the first thing my rich dad told me was to go to school to learn how to invest in real estate it wasn't real estate it was how to use debt and taxes debt and taxes make the rich richer debt and taxes make the poor and middle class poorer so all the rich guys who are doctors and lawyers or those guys they're getting crushed and don't know why doctors are getting crushed oh yeah they're making more money but what they take home is less sure my doctor just yelled
at me he's happy he says oh guess what I finally made a million doar and I said yeah and how much did you pay in tax he says 750,000 in taxes so his net was about $400,000 not bad but when I make a million doar I keep a million doar and the reason is because I don't make it working for money see if you work for money you're an employee so that's why lesson number one in Rich Dad Poor Dad is the rich don't work for money what we do instead is create business businesses as
entrepreneurs acquire real estate I don't want to invest in the stock market so the reason is because as entrepreneurs I have more control over my income how much I make and how much I pay in taxes and because I'm an entrepreneur as well as a real estate investor I pay zero in tax so every time I make let's just say a million dollars as an entrepreneur I immediately invested in real estate I get a 4:1 increase so I put a million into real estate I get 4 million from the bank that's why I love Banks
but banks are hurting everybody terrible but it's good for me you say when it prints it's good for you but when it prints it's bad for people who work for money because when it prints Savers are decimated and people who work for money are decimated when it prints debtors get rich see debt and taxes make the rich richer and debt and taxes make the poor and middle class poorer when we have outdated ideas we get outdated results so what's happening for most people is the idea of going to school getting a job working hard saving
money getting out of debt buying your house because it's an asset and investing for the longterm is obsolete the world has changed the world changed in 1971 when President Nixon took us off the gold standard and money became debt and if we got rid of school then what would happen would it be better if we had no educational system at all no I'm saying education is more important than ever it's just that it's obsolete there's Mo's law which states that information doubles every 18 months in other words everything becomes obsolete every 18 months and this
is a recent phenomenon so when you leave school you're already Obsolete and that's why I'm the old guy I meet my friends who went to Harvard I went to Harvard I said yeah that was how long ago ago 50 years ago today banks are charging you interest to keep your money in other words Banks don't want your money because they printed too much and that's why there are these bubbles in stocks and real estate and all this people are throwing their money away because like I said here Savers are losers and money is trash and
yet people want a high-paying job well that's an obsolete idea getting out of debt is an obsolete idea you should learn how to get into debt how to use debt to get rich and they'll never teach you about taxes the reason the 1% is up there and the 99% are going this way is because when you print money two things happen inflation and taxes and any entrepreneur thinks I'm just going to make money I can start a business and make a lot of money because of what we talked about they really need to smell the
roses man that's not what true entrepreneurs are doing most entrepreneurs there are 28 million small business owners in America 24 million are what are called non-employee entrepreneurs and that's what happens when people don't really understand what an entrepreneur does so most people are self-employed but they're not really entrepreneurs the self-employed pay the highest taxes of all and nobody tells them that that's also called the entrepreneurial Spirit but what we were really talking about is there is no such thing as a a bad economy you and I we all have an external economy but we also
have an internal economy and The Willpower is to change our internal economy so for me I can see the good and I can see the bad I really don't care because I'm going to be rich anyway but a poor person with a poor personal economy all they're going to see is a bad economy because they don't know how to make money in any economy and a middleclass person they have a middle class economy what they want is a nice house and a steady paycheck and the job and the car so when you take their job
away to them that's a disaster well since the entrepreneur doesn't have a job anyway it's no big deal so all I'm saying to people is what Bucky Fuller taught me there's always two sides you have to use the plural at least twoo so if you think the economy is bad it's because your economy is bad if you think a steady job is important then you'll see an economy without job jobs your economy versus the external economy what you control versus what you can't control I can control yes it's called internal Focus versus external Focus so
the true entrepreneur has an internal Focus that if they fall down they say oh this is good because I'm going to go higher the average person falls down and says oh I'm going to take Prozac or someone is to blame all the mistakes don't matter well mistakes matter matter it means you didn't know something but a true entrepreneur whether falling down will always get back up and go higher no matter what happens to them they get stronger better smarter and happier but the person with a weak internal mindset is that they're so afraid of what
happens it usually happens like people who are afraid of losing their jobs usually lose their jobs you know so the entrepreneur's job first is to control in here not out there the moment you accept that paycheck you're an employee you have to be stronger than that it's about internal control I've had financial crisis I've had people stab me in the back but it's all good because I grow from it that spirituality people who are afraid of making mistakes like they teach in school never grow because spirituality is having the good and the bad the right
and the wrong the up and the down most people only want to be right they only want to be positive well you can't have that that's not reality well I wasn't poor by many people's standards but I came from a family with a poor attitude you know what I mean because Rich poor middle class poverty starts with a fundamental attitude poverty is passed down it's taught in your families and middle class is taught in the families so people now who are sitting at home struggling financially or worried about money or unhappy maybe they're making a
lot of money but unhappy with what they're doing that was probably taught to you your super ego was taught get a job work hard or you'll never be rich or the rich are evil or whatever the school system will never teach you about money the school system was designed to teach you to be an employee which is important or a doctor or a lawyer a specialist but never about money and what most people lack is real business knowledge like accounting like debt like taxes you need to know those things but they don't teach that in
school to anybody and so when people ask me how did your Rich Dad learn this when your poor dad a PhD didn't and the answer is very simple my rich dad who was my best friend's father his father died when he was 13 years old so his Rich Dad had to run this family business at 13 so he had to drop out of school which was a blessing the blessings sometimes don't look like blessings but they turn out to be a blessing and so his teachers became his accountant his attorney his Banker his real estate
agents so he had what I call real teachers not these fake teachers in school see most teachers in school they're out of Ethics they teach subjects they themselves don't practice I asked a teacher I said I'm in my third year of calculus now it was called strength of materials I said am I ever going to use this he said no why do you teach it because that's how I get paid do you use it no and that's why in life one of the things I suggest to people is you've got to find a real teacher
versus a fake teacher and a fake teacher is somebody who doesn't do what they teach and a real teacher is doing what they teach every day so my accountants my attorneys they're in it every single day that's how I learn because every day I'm solving problems in my business so I have accountants and attorneys and bankers and all these people on speed dial because I'm solving problems with my team I see you sharing this knowledge and the rich shrink back and say don't tell them that Rob yes don't tell people what you know keep them
poor but unfortunately the poor will always be among us it starts up here right it's that fear-based mindset it's in their words and the words become flesh I'm not very religious I also flunked out of Sunday school but when they say I can't afford it or I can't do that they give up they become what they say my PhD dad used to say what do you think I am made of money I can't afford that and my rich dad would say that's why he's poor poor people say I can't afford it I can't do that
I don't have time because it's an Escape you know it's easy to say I can't afford it and your Rich Dad used to say instead of saying I can't afford it ask how can I afford it how can I do that what would it take or why should I do that that he says a question opens a mind a statement closes the Mind see when you say I can't afford it your mind shuts down and you become what you say rugby is a team sport but so is football the rules are different and other people
are golfers they play alone and so everyone is different so my game financially is business number one second is real estate you're still here which shows that you are very resilient and I want to congratulate you for that you deserve all the succcess in the world to let me know that you stayed until the end comment like this until the end when I see your comment I'll give it a little heart now I'll leave two videos on your screen that I made exclusively to teach you about the habits of the wealthy and I'm sure they
will add Great Value to your life click on one of them and go watch do it now it is perfectly acceptable to desire a life full of abundance and prosperity if you are a person there is no escaping this feeling and there is absolutely nothing wrong with it it is difficult almost impossible to assert anything positive and encouraging about the lack of resources the truth is that one cannot live a complete and successful life without a mindset geared towards abundance which allows us to enjoy the wealth to which we are all entitled achieving success in
life means trans transforming into what you desire to be there is nothing negative about wanting to be prosperous and successful the pursuit of financial Independence is in fact the desire for a Fuller and more Abundant Life and it is an extremely natural desire it would be strange if we did not wish for abundance if we did not want to experience prosperity and wealth or if it were rare to desire the means that provide us with the comfort and well-being we deserve it is not just about money here it is about having the resources that allow
us to live lives filled with meaning comfort and satisfaction have you ever stopped to reflect on how our way of thinking can directly influence our journey in pursuit of prosperity it is essential to maintain a positive and proactive attitude so comment I have a Prosperity mindset leave this comment and I will leave a heart to show that you are on the right path to achieving your goals now that you have commented let's proceed a Prosperity mindset goes beyond just thinking about material wealth it also includes believing in our abilities and having a Clear Vision of
what we want to achieve having this mindset means believing that we have the tools and potential to achieve our dreams furthermore having a vision of abundance helps us overcome challenging moments with resilience and optimism imagine the power of waking up every day knowing that you are capable of creating opportunities that you can turn difficult situations into moments of learning and growth encouraging positive thinking does not mean ignoring challenges but rather believing that every obstacle can be overcome and that every difficulty brings a lesson that contributes to our personal and financial growth this way of thinking
allows us not only to aim for material wealth but also to seek healthy relationships enriching experiences and a sense of purpose therefore the journey to a life of abundance Begins the moment we decide to adopt a Prosperity mindset filled with optimism determination and self-confidence by adopting this mindset of abundance you will not only be improving your own life but also inspiring others around you to do the same when we surround ourselves with people who share this positive and constructive Vision we create a support network that helps us achieve our goals more effectively Wallace D watles
stated that algebra and arithmetic are exact sciences and in the same way there are certain rules for the process of obtaining wealth once a person learns these guidelines and follows them they will become rich with great Precision just like in the exact Sciences Mastery of money and Financial Resources happens as a result of doing what needs to be done in a specific way those who intentionally or accidentally do what needs to be done achieve success while those who do not even if they work incessant or have skills remain in poverty this rule of nature is
commonly known as the law of cause and effect which stipulates that every action triggers a specific reaction and that similar actions produce similar reactions financial prosperity is the result of certain specific actions therefore anyone who learns to perform these actions in their life will undoubtedly succeed let's analyze the following points which reinforce the truth of this last statement the accumulation of wealth does not depend on where you live because if this were true all people living in the same region would be prosperous or all inhabitants of a city would be rich while those in other
cities would all be poor but anywhere we find both rich and poor people living in the same areas often individuals of different Financial conditions coexist in the same environment even sharing the same occupations and activities this shows that the issue of wealth is not simply a matter of geographic location but of behaviors and attitudes when two people live in the same region and work in the same profession and one of them manages to be become rich while the other remains poor this clearly shows that obtaining wealth is not a matter of where you are it
is evident that some locations May provide more opportunities and favorable conditions than others but when observing two people in the same field and neighborhood and noticing that one prospers while the other does not it becomes clear that the accumulation of wealth depends on certain attitudes and actions those who succeed are those who consistent ly perform the right actions following the correct guidelines this in turn generates the desired results financial prosperity therefore to achieve wealth it is essential that each of us understands and practices these specific actions in our daily lives and if we reflect more
deeply we can see that these guidelines are not just about accumulating money but also about developing a positive mindset being persistent learning and constantly adapting those who follow these practices and maintain a proactive stance tend to find the right opportunities and take advantage of them effectively returning to the issue of location it is true that some regions offer more Resources contact with business networks and prosperous markets however the essence of prosperity lies in how we take advantage of these circumstances regardless of the environment successful people often manage to see opportunities where others only see difficulties
they turn challenges into Stepping Stones to success we often believe that the failure of our Venture is due to a lack of money while it is true that the more financial resources we have the easier and faster our business will grow it is also a fact that most successful entrepreneurs started their Journeys without any Capital no matter how difficult your financial condition is if you start acting in the right way you will begin to accumulate wealth and build your own Capital obtaining Financial Resources is an integral part of the process of becoming rich and is
the inevitable consequence of doing things correctly it is essential to understand that the right actions will inevitably lead to the desired results actions are Universal and applicable in any Geographic context or financial situation the difference between success and failure lies in the ability to act according to the principles that govern Prosperity often the key to this understanding is recognizing that the way we act and think has a profound impact on our results for example an attitude of persistence and resilience can turn obstacles into opportunities no one remains in a condition of poverty because other people
have stolen their chances or monopolized their wealth and built a barrier around them to prevent access to knowledge everyone has the opportunity to use the keys to success some types of businesses Investments or activities may be out of your immediate reach but there are many other paths available to you there will always be many chances for those who when encountering a barrier use their creativity and initiative to open a new door instead of stubbornly insisting on the same barrier while complaining about the Injustice of the situation the rule of prosperity is the same for everyone
but it is crucial to realize that as long as we continue to do what we have always done we will continue to reap the same results we have obtained so far no one is poor because wealth is insufficient there is enough wealth for everyone adopt the principles of abundance change your way of thinking and acting use your faith and purpose for they will help you quick perceive any opportunity that can improve your situation these opportunities will arise immediately because the supreme power working in your favor will attract them to your life additionally it is important
to cultivate a mindset of gratitude and recognition of the small achievements along the way as this strengthens your belief in the process and keeps your motivation High seek guidance be willing to learn and adapt as necessary stay open to ideas and collaborations that may arise as opportunities often come disguised as challenges or new connections constantly investigate ways to improve your craft and knowledge because by doing so you will always be one step ahead in your journey of prosperity therefore considering all these points it is clear that the pursuit of wealth is not a linear path
and often requires patience and persistence however with the right actions and the proper mindset anyone can overcome adversities and Achieve Prosperity remember that the difference between staying where you are and reaching higher levels of success lies in your ability to change and adapt to the principles of abundance aligning your efforts with the desired results do not wait for the big chance to become everything you want to be when an opportunity arises to be more than you currently are take the initiative and seiz it this will be your first step towards an even greater chance there
is a constant law in the universe that states that wealth in all its forms is directed towards those who have developed a Prosperity mindset and there is no concept of a lack of opportunities in the universe for the person who is moving forward in life a human being finds their greatest happiness whenever they bring some benefit to those they love love manifests most genuinely and naturally when we give something to someone dear this is why a person who has nothing to offer cannot fully fulfill their role as a spouse parent citizen or human being such
an individual finds themselves Limited in their ability to help others in need because the poor cannot help the poor just as a blind person cannot guide another blind person therefore it is crucial to understand that individual progress is a powerful tool for promoting well-being and happiness surround yourself with people who have something positive to contribute to your life people with goals dreams and objectives and who strive to achieve their purposes you have the ability to be much greater than you imagine regardless of what you are experiencing now believe that everything good will benefit you it
may not be pleasant at first but the essential thing is that you learn to grow and become the the person you are destined to be everything that happens in your life has been carefully planned to inspire your greatest Evolution as a human being and to introduce you to your true potential learn from life and allow it to take you where you are destined to go do this always thinking of your greatest benefit it is important to remember that every experience every Challenge and every obstacle serves as an important lesson for personal development do not underestimate
the power of the small opportunities that come your way as they are essential steps in the journey towards full success and as you walk this journey Embrace each moment with gratitude and enthusiasm understanding that you are heading towards your destiny of fulfillment and prosperity by adopting this mindset you will not only be moving towards your goals but also inspiring those around you to do the same sharing your achievements and learnings with those close to you can create an environment of mutual growth and support therefore when you find a chance no matter how small it may
seem value it and strive to extract the most from it a small action today can turn into a great Victory tomorrow this applies to all areas of life whether at work with family or in the community never underestimate the power of small steps as they accumulate and build the path to Great achievements and finally always keep faith in your ability remember that challenges are an integral part of the journey and that each overcoming intensifies your character and resilience change your perspective see obstacles as opportunities in Disguise and dare to step out of your comfort zone
use each experience as a valuable lesson and keep moving forward knowing that you are continuously moving towards a bright and successful future continue to believe in yourself value your potential and take advantage of every chance life offers you with dedication purpose and a positive mindset you will always be on the right path to full realization and a life filled with prosperity