Rich Dad Poor Dad by Robert Kiyosaki

[askcleft]

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as far as i'm concern, the book doesn't push the idea of being rich... the word rich may have negative effect on other people..

i used the term financial freedom... it doesn't mean to have a million... it implie of being in a state on not worrying about money..

the book only teaches that knowledge, emotional intelligence and financial literacy is important.

[thisbe.ara]

i love this book..
this is what inspired me the most..
financial freedom and personal freedom..

[nulbaX]

well said motivation gondor. the trip to a billion, i am impressed of that idea,hehehehehe!!! who knows, some1 from cebu will do it again......

[gondor]

YES! NULBAX! Someone will make it again in Cebu! Let's join the GOLD MEDALISTs of the OLYMPIC of making money! It's a FREE invitation to anybody! START today!

GONDOR

[nulbaX]

cge bai gondor, kta lng nya ta on top.... i like ordinary people who believe that they can do extraordinary things.....gud luck mga entrepreneur!!!!!!!!

[gondor]

yes Nulbax, we have a chance, a big chance to get to that 10 Figure income for the rules of the game is now different...before historicaly it took 30 years for someone to get to that point...but in the new economy it took someone 5 years to reach to that level!

...before you need to have solid asset, but now it's intangible and portable asset....the game is really different now....but the principles of the game are still the same!

let's do it!

GONDOR

[thisbe.ara]

let's meet each other at the top.. i salute people who have visions and who have the will to make it come true..

[kalinaw]

OT.... puhhhhh plsssssssssssssssss.

guys, are you talking billions as in number or numbers associate with 9 digits and in 5 yrs. time frame? WOW! thats blast , meaning an exponential growth. Its hard for me to figure-out how are you going to squeeze billions of Php in our existing or 5 yrs populace. We are expecting 84M this year with annual growth of 2.36%. In 5 yrs you cannot simply discount the reality, cause it sad to tell that we are expecting more folks fall into poverty.
- how much gross revenue are we talking?
- hoping we have a products or commodities, cause your line associate a word intangible sounds like cranky
- a quick rundown, you need 11 Php on each individuals (84M) to make a billion. What is your profit margin?

Pardon myself to question your thougth. I'm just an ordinary Juan seeking a gargantuan amount of money in a more feasible thought. Pls. enlighten me or us, what are the tricks to make these billions. We can simply re-align our misguided priorities with your help. BTW i'm hoping that youre not referring to MLM, Pyramid or Binary cause the idea is great but the implementor are real suckerssssssssssss. Oh yha i generally address for now, cause the 1st time we bumped (gonddor) your idea full of enthusiasm and now you sounded like a persuasive networkers as i called them.

[gondor]

Peace be with you!

I think, correct me if I'm wrong, I understand your perspective or mind set. Your thinking is locked in the RULES of the OLD ECONOMIC Landscape. I AGREE, ANd you are RIGHT if you're doing business in the environment of the OLD Economy. NO one became a BILLIONAIRE in 5 years in the Old Economy. Many did become BILLionaires but in an average of 30 years.


This is now the economic landscape. John Gokongwei, one of the billionaire in the Philippines said that your market right now is more than a BILLION people only in ASIA alone. How about the another BILLION people in some parts of the world? Your market is not million it is BILLION!


NOW THINK of this, if you HAVE a product needed by most of the BILLION people in the world, what would be the possibel outcome of your business? Then you have an affordable way to reach this people through the INTERNET, and a Payment/GLOBAL delivery System - these infrastructure is available right now. Look what happened to AMAZON, as one of the examples. It took only 5 years for Amazon.com to reach a Billion Dollar company. ANd you can't see tangible sign of success for Amazon.com but only online dominance, it is virtual. That's impossible before in the old way of doing business.

How did AMAZon make it in a short period of time? THeir management used the following:
- the internet
- global online payment System
- global delivery system
- build a NETWORK of market alliance.

Of all the factors for their Success, NETWORK Building is the most important. Amazon created a global army of resellers, affiliates, links, etc...ONLINE. Look at most of the websites, they have link to AMAZON. These associates get paid everytime there's a result from them. This SCENARio is like NETWORK MARKETING. The principle is the SAME, the execution is slightly different.

It seems you really have a bad taste of Direct to Consumer INdustry. But I'd suggest think of it again, think of the concept and what it really means. With the new landscape of doing business all over the world, what's the best business model for it? One of the BIG thing is Direct to CONSUMER distribution. MLM is only a METHOD of payment to the associates. What you see in the MLM business is only the TIP of the ICE BERG. Look down deeply, and you may see something more precious than DIAMOND.

Another thing, read the BUSINESS literature of the NEW Economy, you'll realize that most of what was written before is not anymore applicable TODAY. The TRUTH yesterday is now FICTION. THe FICTION yesterday is now the TRUTH. Somewhere in that line.

One more thing, local economy is nice,but it's better to think regional or global if you like. And with this NEW Economic Environment, think how are you GOING to Take ADvantage of it. Think of a business you can do globally. The game Right now is Global business. Who knows you can hit a Billion mark soon!

Also, about the ECONOMIC INDICATOR you use like the GNP, that won't tell you the whole PICTURE of the economy of the Phillippines. Many says our economy is bad, there's no money in the Philippines. THAT's bullshit! They are presenting you the wrong information.

There's an ECONOMIC DATA that will tell you there's money in the Philippines, big money! And this is being taken advantage by the BILLIONAIRES in the Philippines. Many ORDINARY businessmen don't have an idea of it.

I have so many things to say but so little space. Feel free to ask if you like. It's my pleasure to share what I know and believe. Thanks for this opportunity.


GONDOR

[mantz]

Kiyosaki's book is great, it has thought me many things.. although as what i've read from that website "ginamos" has given, he seemingly have started the Amway MLM... so what, right? Amway has helped millions of people, especially in financial aspect of life... you see, enrolling in an MLM group does not necessarily mean a person really gone totally mad! some people are just so "close minded" on things... being enrolled in thise kind of institution actually gives you a big chance to earn and most specially LEARN THINGS!! because creating ur own business is HARD, REALLY.. but joining a franchise business is much easier, isnt it? MLM is like that! no, i mean, MLM is basically a FRANCHISE BUSINESS! try to think who's the biggest fast-food chain in the world today.. McDO right? ok here, which is better, u create a fast-food business beside McDo, or franchise a McDo, eh? of course u'll say u ur better franchise a McDo... that's besically what we do in MLM! we get a franchise so we dont necessarily have to compete the company! go with the company! and besides, enrolling in a MLM group is way cooler.. y? it does NOT ask you for a VERY HUGE AMOUNT OF MONEY just to join (not like the McDo franchise) you see, you can have a business of ur own with a very minimum amount.. and besides, you get a network of friends (co-businessman) not like owning ur own business, u will need a high level of LEADERSHIP to "lead the way" and it's not that easy, you know...

but anyway, i really gtg...

i think i may need to post something more in here later..