Don't miss interesting post! click Subscribe to YuwonCedric.com by Email or via RSS. Thanks for visiting and enjoy your stay!

The first and only book (as of now) that I have read from cover to cover.

I don’t read books. I hate books and for me it is such a waste of time. Aside from not being inclined on my English subject during my high school and college days, book reading for me is boring coz it takes away your social activities. You can immediately tell from my post if I’m really are a book lover or not but anyway, that all changes after forcing myself to read this book: Rich Dad, Poor Dad. It made a big impact on how I perceive building wealth.

RDPD in Network Marketing

I have heard of Mr. Robert Kiyosaki, (author of Rich Dad, Poor Dad) here in the Philippines by attending BOM (Business Opportunity Meeting) in some network marketing companies. The book was so popular and most person that I have talked to refers this as a life-changing-book. Almost all MLM’s and network marketers treat this as their Bible to success. None of those made me buy the book, amidst of it’s hype and growing popularity. All that matters to me before was to get some people and build THE network (recruiting, baby! hehe)

What makes me read the book?

Nothing really special, I just got bored one day and it just so happen to be that I have an e-book of RDPD in my cellphone and decided to read it when I was on my way to work. The rest is history as they say.

Key Statements and Contrasting Point of Views

The introductory part of RDPD is a winner and what makes me stick to continue reading. Here’s some of the excerpt:

Does school prepare children for the real world? “Study hard and get good grades and you will find a high-paying job with great benefits”

“Get with the times! Look around: The richest people didn’t get rich because of their educations. Look at Michael Jordan and Madonna. Even Bill Gates who dropped out of Harvard, founded Microsoft; He is now the richest man in America and he is still on his 30’s. “

As you go along and read the book, There are a lot of key statements that will make you wonder and think if those were correct. One of which is our perception on Assets and Liabilities. The author claims that having a house is a liability in which most of us here will beg to disagree, right? Here’s how simple he explained the meaning and difference of asset and liability.

“An Assets is something that puts money in your pocket. A liability is something that takes away money out of my pocket.”

Now see if your house falls under an asset or liability.

The book focused on two dads having two contrasting point of views in which it brings out the inquisitive nature out of me.

“One dad would say, “The love of money is the root of all evil.” The other, “The lack of money is the root of all evil.”

For example: My poor dad had a habit of saying, “I can’t afford it.” My rich dad forbade those words to be used. He insisted that I say, “How can I afford it?” One is a statement, the other a question. One lets you off the hook; the other forces you to think. My rich dad would explain that by automatically saying the words “I can’t afford it” your brain stops working. By asking the question “How can I afford it?” your brain is put to work.

These are just some of the highlights that I found really interesting on the book. Now I realized that having this book is no joke and I regret not reading this book before. If you’re really looking for something to start to build your wealth, then Rich Dad Poor Dad is the best foundation that you can hold on if you want to get out of the rat race. Since then I looked forward on how I can have and maximize my passive earnings higher than what I am getting in my work. We’re still on the early stages of laying the wealth foundation. If all plan works out then I am on my way of quitting my job soon.

If you want to get a copy of this book and you prefer reading it at your PC, all you have to do is subscribe in my mailing list and I’ll get back at you. BUT I STRONGLY SUGGEST TO BUY THE BOOK because some of the details in the e-book are not clear enough if you will be looking at it’s visual representation. See my sidebar, Buy now and enjoy reading!

Popularity: 1% [?]