The advice of Robert Kiyosaki

Robert Kiyosaki, entrepreneur, industralist, investor, writer and educator, world-wide are known by his book Father Rico Poor Father and other successive books this one.

In their books, courses and tapes teach to the people on the correct handling of the money, and on how reaching the financial freedom.

In spite of being criticized by some specialists, the people are many who follow their lessons and put in practice their advice successfully.

The following one is a list with the main advice offered by Robert Kiyosaki through all works and other means:

There are the money works for you

You do not work by money, there are the money works for you; the form to do it is creating or acquiring active that generates a cash flow to you.

Examples of assets that generate a cash flow are the businesses that one creates or buys, real estate that one rents, assets in paper such as action or bonds, etc.

It invests in financial education

Before investing in assets that generate a money flow, it invests in improving your financial education.

Always mantente studying, enabling, reading books, taking courses, attending seminaries, investigating in Internet, etc.

It always tries to increase your vocabulary financial and to improve your financial intelligence; it will allow you to identify, to analyze and to take better the opportunities.

Taken care of with the words

The words must be able, you must have well-taken care of with the affirmations that you do then these could become your reality.

For example, if you say “I cannot allow me it”, it issue the order to him to your mind so that it stops working and, indeed, never you will be able permitírtelo; but however you say “how I can obtain it”, then your mind will be put to work, and it will strive to find the solution, for example, a form to make more money.

Same Págate first

Whenever you obtain income, before paying your indebted ones, it reserves a percentage of these income, soon to invest it in assets that generate cash flow.

Ten the same discipline for pagarte first, even though your income are low or your debts are high.

It will allow to invest the money you saved in assets that generate cash flow to you, and the pressure to pay your debts will motivate to you to leave and to invent forms to make more money; at the same time as improvements your financial abilities.

Motívate to make money

So that you make money you must have passion, it must gustarte what beams, you must divertirte, you must love what you do and sentirte complete.

And a form to obtain it is motivándote same thinking about the reasons for which you would like to have much money and to leave ahead; your reasons could be, for example, to be able retirarte young and not to have to work all the life, not to be an employee, power to travel by the world, to control your time and your life.

Account with a good work party

Rodéate and contract indicated people, that you in his areas know more than, and who together complement themselves and can conform a good equipment.

One must know how to identify the correct people, not only by its appearance, but by its words.

It must identify and contract these people, and soon know how to work with them, to direct them, to lead them and to inspire them.

It learns to handle the risk

To invest is not risky if first you invest in your financial education.

Your financial education will allow to detect, to analyze and to take better the opportunities you investment.

It learns to assume risks, but before investing, I know cautious, infórmate either, evaluates or the situation, and asegúrate of which the risk is the possible minimum.

Nonsubjects to commit errors

You are not scared to assume risks and of committing errors, because it is in the errors and the failures where it learns one more.

You must know how to win, still when losing.

When I commit errors or you fail, I know perseverante and continues trying, ten always present that to be mistaken are part of the process of the success, which you cannot be successful without before to have failed.

It advances to baby passages

I know patient as much at the time of having to choose your investments, like at the time of making your businesses.

In order to be successful you must go slowly, with baby passages.

For example, you must tomarte your time to see the proposals and to analyze your investments, and not to think that the treatment that you have found is the unique one that it exists; and you do not have either to think that in this way you will be wasting the time, because you will be learning on investments and volviéndote more capable to detect them and to analyze them.