How to Get Rich?

His estimated net worth is $80 million and his teachings have already helped millions of people improve their financial literacy. His impact in this field has been ongoing worldwide for many years, and he continues to share his knowledge with millions of people. Even if you start from scratch, you can learn how to handle money correctly and build wealth from his books and services. While most of Kiyosaki's advice is geared towards financial literacy or wealth building, there are some universal observations that anyone, whether an entrepreneur, employee, investor, or recent graduate, can benefit from. Focus on Increasing Your Income and Effort. One of the main reasons for financial difficulties is that most people only focus on their expenses. The majority of the population is constantly searching for ways to save money, but they are not interested in earning more. While saving is definitely a good idea, only increasing your income can have a significant impact on your wealth in the long run.

Rich people don't save money. They all invest wisely, are busy creating more income streams, and allow their money to work for them. Most people will go to a distant supermarket to save a few dollars compared to their local store, but they won't spend even a few hours learning how to increase their income. Saving is easier than creating new sources of income, and most people choose comfort over working hard their entire lives. Saving money may be more comfortable than looking for more income streams. However, making your money work for you will not only save a few pennies but also allow you to build significant wealth. "Increasing your income is more important than reducing your expenses. Increasing your effort instead of giving up on your dreams is more important." Instead of reducing your expenses, take some time to think about whether you can create additional sources of income. Maybe you have some spare time to help a friend with their business in the evenings or on weekends? Or perhaps you have some skills and knowledge that you can teach others and get paid for?

Or you can complete some courses on high-paying skills like content or copywriting and offer them as freelance services. If you are open to change and ready to take action, new opportunities to earn money will come your way, and all you need to do is say yes and get things done. Work for Knowledge, Not for Money. "Don't be a slave to money. Work to learn, not to earn. Don't work for money. Work for knowledge." Especially young people often fall into the trap of working for money. After graduating, they already think they know everything and start looking for high-paying jobs. They eventually find them, but soon realize that money is not as satisfying as they thought it would be. Not just Robert Kiyosaki, but many of today's successful entrepreneurs have shared that working for free at the beginning of their careers and gaining experience and knowledge is one of the most valuable things.

Knowledge (especially practical knowledge) is one of the most powerful resources of our time and is essential for building wealth and living a happy life. If you focus too much on making money, you are likely to miss out on great opportunities because you cannot see them. Money always follows knowledge and smart decisions, the opposite is rarely true. Especially to maximize your chances of success in financial terms, give yourself some time to learn from those who are ahead of you. Volunteer to support them so that they have a good reason to support you later. There is nothing more valuable than getting an idea of the mind of someone who is living the life you want. Pick up the phone, call people, and always look for opportunities to support others. Once you have enough knowledge and experience, building your business, career, and sustainable wealth will be much easier than learning tough lessons on your own.

Follow One Course Until Successful. According to Kiyosaki, focus is the shortcut to following one course until successful. Kiyosaki particularly encourages young people to focus on one thing at a time and not work on too many projects at once. The shiny object syndrome in our society is one of the main reasons why so many people are dissatisfied. They constantly feel challenged, look for another opportunity and jump from branch to branch because there are always better opportunities in other things, and they lose interest. Kiyosaki made this mistake over and over again when he first started investing, but he didn't give up until he understood the basic rules and became successful. When he felt confident in his investment skills, he became interested in entrepreneurship and tried different business models until he found a promising one. However, he only focused on one thing until it worked. Great things and valuable results rarely come from the first attempt. Most people give up too early and therefore never achieve significant success. Sometimes, the key to success is to channel yourself into one thing and keep going instead of embracing new ideas every few months.

Don't Be Afraid of Losses. In school, we were taught to avoid mistakes. Even if we ignore the correct answers, making mistakes was a forbidden zone. According to Kiyosaki, one of the main reasons why most people fail in life and in business is the fear of failure. While avoiding mistakes is crucial in school, real life is different. Without making mistakes, you can't learn something new. Most successful entrepreneurs have made mistakes and experienced various failures until they eventually succeeded. "In the real world, the smartest people are those who make mistakes and learn. However, in school, the smartest people don't make mistakes." When I started my first job at the age of 19, in addition to my education, I realized how different real life was from what I learned in 13 years of formal education. Even though I studied business, I had no idea about the reality of doing business, and I spent most of my lessons learning from my mistakes and how things didn't work. If you are afraid of losing, it will be difficult to win. However, if you don't worry about failure and continue with determined and smart decisions, you won't have much to lose.

Find a Game You Can Win. Most people fail in their job and life because they focus on the wrong activities and goals. While I previously mentioned sticking to something until it works, the truth is that you need to focus on something that matches your strengths and abilities. Trying to be successful in something you don't like (and you're not good at) is much harder than playing a game where you can use your strengths. There's no point in forcing success in something outside your talent area. Of course, you can learn anything, but working on your weaknesses requires more time and energy than investing in your strengths. "Find a game you can win and then devote your life to playing it, and play to win." It took me over two years to find my game in the business world, and I experienced many failures, but when I knew what to do, I quickly developed. Interestingly, when I shared my difficulties and struggles openly, I heard many similar stories from my entrepreneur friends. Sometimes, you have to sacrifice by not having wrong expectations and focusing on something that not only promises but also excites you. Doing something you're good at is not only easier but also more enjoyable. Do not rely on formal education. Despite attending business school, I had no idea about starting and running a business until I became successful. "The problem with school is that they give you the answer and then the exam. That's not life." Real life, especially business, is much different from what we learn in schools and universities. If you rely on formal education, you may find a job, but if you want to create wealth and do successful businesses, you need to seek education on your own.

While schools teach you to avoid failure, most major businesses are built through numerous mistakes. My dear friend Deyan Siteyonavich Dejan Stojanovic, who calls himself a Failure Enthusiast, established a community a few years ago that does not fear mistakes but encourages each other to keep going. He brought all these people together and broke the silence of not talking about failures. Instead, he encouraged people with diverse backgrounds to share their terrible situations so that the community could learn from each other. Now, with a series of interviews featuring successful entrepreneurs and leaders who not only talk about their successes but also the negative aspects of their businesses, The Failure Talks has begun. When you look closer, you will see that successful entrepreneurs do not rely much on formal education. But the good news is that more information than ever is at our fingertips, and it is free to learn from various sources. Be Mindful of How You Spend Your Time. Rich people and successful entrepreneurs know that their time is one of the most valuable resources. Instead of wasting time, they spend money to solve problems. But most people do the opposite: instead of seeking professional help, they waste hours and deplete their energy on small problems because it is cheaper. "The only difference between a rich person and a poor person is how they use their time." If you spend your time on wrong activities, you will find yourself in the wrong places. But if you make your time and energy a priority, you will only engage in meaningful and effective activities. This will help you reach your goals much faster. Never Expect Anything. According to

Robert Kiyosaki, hope consumes energy. But action creates energy. Most people spend their time dreaming and hoping that something will happen instead of making it happen. They have ideas, hopes, and dreams but no action plans. The best idea is worthless without implementation. Constantly dreaming of something and not achieving it will kill your motivation and energy, while taking big, determined steps and using the law of attraction will help you achieve your goals. Instead of constantly dreaming, do this: "Learn where you are, where you are going, and make a plan to get there." The Best Knowledge Comes from Personal Experience According to Kiyosaki, personal experience is the best investment you can make, and he believes that the real lesson comes from our own mistakes. He also made wrong decisions and paid the price, but he did not give up. He continued to learn from his mistakes and turned them into successes. He says that formal education is essential, but personal experience is much more valuable because it teaches you how to deal with real-life situations. In conclusion, do not rely solely on formal education. Seek knowledge and learn from your mistakes, prioritize your time and energy, take action, and learn from your personal experiences.