Sunday, 31 March 2002

back from an inspiring evening with "best-selling author" robert kiyosaki and am now mulling over his radical ideas on "you don't need money to make money", the concept of wealth, the simple definitions of assets and liabilities, and importance of financial literacy, how schools actually teach you how to be an employee (E) or to be a Self-Employed Person (S) so you will never actually be "financially free" as the government actually discriminates against people in these quadrants...etc etc.. quite a charismatic and yet humble and real (describes himself as "terrible with spelliing - can't write - flunk his exams") guy.. you can almost imagine yourself sitting down to have tea with him... definitely an eye-opener for an "investment virgin" like myself, especially when he goes into talking about stuff like options, real estates etc.. . and especially when he makes us all fill up this worksheet to let us examine how much these so called "assets" (stuff that puts money in your wallet whether or not you are working) we have at the moment... quite thought provoking.... it's definitely a good start..

his definition of what sort of skills we should have in order to become real "Business Owners" would also be a good lesson for many of us arrrogant young punks who think the world of ourselves.. he believes in listening and paying good money to real experts to provide solid advice (and warns against getting "free advice" from third auntie, fourth uncle etc and hanging around with "stupid people"... i.e. people who speak a lot but don't know nuts about investments). He also believes good selling skills are essential, because everything is related to selling (ideas to investors, schemes to employees, products to customers..)..

makes me feel good about being in the sales line.. :)

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