Secrets Of Rich People


Secrets Of Rich People
Secrets of Rich People
Do you know rich how get richer? What are the biggest  secrets of rich People? Today you will know some Principles & Secrets Of Rich People that I have taken from a great book "Rich Dad poor Dad" by Robert Kiyosaki. These Secrets are:-

1)Rich People Don't Work For Money.
2)Understand the difference between Liabilities & Assets.
3)Mind Your Own Business.
4)Rich Invent Money.
5)Work for Learning not for Money.
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      Rich People Don't Work For Money
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Let's take an example for better understanding, Once upon a time, there was a man who had a donkey. Whenever he had to do some hard work with his donkey, he used to hang a carrot in front of him. On seeing that carrot, the donkey used to work in the temptation of eating it. He hoped that one day he would reach that carrot.

But the poor donkey could never get that carrot. Because that carrot is just a mask. Many people are just like that donkey. They go on working hard, hoping that one day they will become rich. But money remains just a dream for them. You can never reach it by running after this dream. So instead of working for money, let money work for you.
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      Understand the difference between Liabilities & Assets
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People seem that Assets and Liabilities are the same but this is not. Assets are those which gives us Money of our investment suppose you have given your house on rent and you get rent of this house every month without doing any work. Stocks Market, Real Estate Business these are Other examples of Assets.

Liabilities are those which spends our Money, Suppose you buy a Car and spend on its Maintenance, it's diesel, etc. That is to say, Rich people buy Assets and increase their earning source, While Middle-class people buy Liabilities and waste their money. Rich people believe in 'Kiss' principles which mean "Keep It Simple Stupid", And middle-class people didn't understand it.
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      Mind Your Own Business
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If Someone asks you what is your Business, So you should not say that I am a Doctor or I am an Engineer. Because it's your Profession Not a Business. That is to say, whatever you do, make it your business, not the professions 
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      Rich Invent Money
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Rich people take a risk to get any opportunity. If you want to become rich then you have to take a risk. And Elon Musk, Jeff Bezos and Sundar Pichai also take a risk in their lives.
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      Work for Learning not for Money
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Middle-class People work thinking that every month they have to take a cheque, Suppose you have a talent and you are confident that this idea will work, But if you have not idea how to apply this talent then this will not be helpful for you. If you want to become rich then you have to learn a lot, Just like a doctor after completing his degree, he has experts in one field like a cardiologist, similarly, you must also become an expert in one field.

This Blog Post is also available in Hindi Language
click here to Read In Hindi.

Watch this for better Understanding.
Secrets of Rich People
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