Rich Dad Poor Dad author Robert kiyosaki with SeeKen podcast | BOOK PODCAST episode 1
Summary
TLDRIn this inspiring interview, the guest expresses gratitude for the impact of 'Rich Dad, Poor Dad' on his life and career. The discussion delves into the stark disparities between the rich and poor, the importance of financial education, and the value of assets like silver and gold. The guest shares insights on salesmanship, the power of serving others, and the pitfalls of traditional education. He also touches on politics, corruption, and the merits of capitalism, advocating for a mindset shift from 'I can't afford it' to 'How can I afford it?', emphasizing the significance of financial literacy and entrepreneurial spirit.
Takeaways
- 📚 The speaker expresses gratitude for the impact of 'Rich Dad, Poor Dad' on their life and emphasizes its importance as a foundational book for financial education.
- 🌏 The speaker discusses the disparity between the rich and the poor, not just in India but globally, including in the United States, and attributes part of this to a lack of financial education.
- 💰 The speaker criticizes the concept of fiat currency, stating that it's 'fake' and contributes to keeping people poor, advocating for assets like silver and gold as 'God's money'.
- 🏆 The speaker shares personal success with investing in silver and gold mines, highlighting the importance of focusing on assets rather than liabilities.
- 🤔 The speaker questions the current education system, pointing out that it often fails to teach about money and financial literacy, which is crucial for success.
- 💼 The speaker shares insights on entrepreneurship, stating that it's more about learning to sell and serve others than about formal education or avoiding debt.
- 📘 The speaker admits to not being a great writer but became a best-selling author by learning how to sell, emphasizing the importance of sales skills over literary talent.
- 🌐 The speaker touches on political topics, expressing opinions on various leaders and their economic policies, particularly criticizing actions that increase poverty and homelessness.
- 🚀 The speaker encourages a mindset shift from saying 'I can't afford it' to figuring out 'how can I afford it', as this mindset change can lead to wealth creation.
- 🛫 The speaker discusses personal luxuries like owning jets and the importance of setting high standards for oneself, rather than settling for less.
- 📈 The speaker mentions their interest in cryptocurrencies, particularly Bitcoin, and how they acquired it through understanding market trends, showcasing the value of financial education.
Q & A
What is the significance of the book 'Rich Dad Poor Dad' in the speaker's life?
-The book 'Rich Dad Poor Dad' played a pivotal role in the speaker's life, as it helped him change his life perspective on wealth and success. It is considered an all-time favorite and is the first book he recommends to others for its potential to inspire a change in mindset towards money and financial education.
How does the speaker view the wealth disparity in India and other countries?
-The speaker observes that wealth disparity is not unique to India but is also prevalent in America and other places. He attributes the growing issue of slums and homelessness to a lack of financial education and the devaluation of currency, which he refers to as 'fake money'.
What is the speaker's opinion on the value of financial education?
-The speaker strongly advocates for financial education, stating that it is essential to understand the difference between working for money and having money work for you. He believes that without financial education, people can fall into poverty despite their hard work.
What assets does the speaker recommend focusing on according to the transcript?
-The speaker recommends focusing on assets such as silver and gold, which he refers to as 'God's money'. He believes these precious metals are real assets that can attract wealth, unlike fiat currency which he views as less stable and valuable.
How does the speaker describe his experience with the education system and its impact on his life?
-The speaker shares that he flunked out of high school due to his inability to write well. However, he became a best-selling author after learning how to sell, emphasizing that selling skills are crucial for success, not necessarily writing abilities.
What advice does the speaker give for becoming a successful salesman?
-The speaker suggests focusing on serving fellow human beings as the key to becoming a successful salesman. He believes that the more people one serves, the more effective and potentially wealthy one can become.
What is the speaker's stance on the current state of politics and corruption?
-The speaker criticizes the corruption he sees in politics, stating that it is not capitalism that people dislike, but rather the dishonest practices that come with it. He emphasizes the importance of financial education to protect oneself from such corruption.
How does the speaker view the role of debt in wealth accumulation?
-Contrary to traditional advice, the speaker sees debt as a tool for wealth accumulation. He explains that using debt allowed him to become rich, especially after President Nixon took the dollar off the gold standard in 1971.
What is the speaker's opinion on cryptocurrencies?
-The speaker does not express a clear stance on cryptocurrencies in the transcript. However, he does mention owning 60 Bitcoins, which he acquired through technical trading and market trend analysis.
What alternative learning methods does the speaker recommend for financial education?
-The speaker recommends using platforms like YouTube for learning, as it provides access to a variety of teachers and perspectives. He believes that self-education through these platforms can be a powerful tool for acquiring financial knowledge.
What is the speaker's final message about mindset and wealth creation?
-The speaker's final message emphasizes the importance of a positive and proactive mindset in wealth creation. He advises people to shift from saying 'I can't afford it' to figuring out 'how can I afford it', as the former mindset perpetuates poverty while the latter fosters wealth.
Outlines
📚 The Impact of 'Rich Dad Poor Dad'
The speaker expresses gratitude for the opportunity to discuss the profound influence of the book 'Rich Dad Poor Dad' on their life. They highlight the book's role in shaping their financial education and recommend it as a must-read for others, emphasizing its potential to change lives. The speaker also reflects on the stark disparities between the rich and the poor, observed not only in India but also in America, and attributes these disparities to a lack of financial education. They critique the current monetary system, suggesting that the value of currency like the rupee, yen, and dollar is artificial and contributes to poverty. The speaker advocates for focusing on assets rather than liabilities, as a strategy for financial success.
💰 Embracing Silver and Gold as Assets
The speaker discusses the importance of focusing on tangible assets like silver and gold, which they refer to as 'God's money', in contrast to fiat currency. They share personal anecdotes about saving silver and gold since the age of 17 and how this strategy has contributed to their wealth. The speaker also recounts a conversation with a Hindu priest in Fiji, who emphasized the wealth-attracting properties of gold. The speaker encourages people to invest in real assets like gold and silver mines, as they believe these investments will continue to hold value over time, unlike fiat currency, which they view as unstable and deceptive.
🏛️ The Flaws in the Education System
The speaker criticizes the current education system, particularly its failure to teach financial literacy. They recount their own experiences, including reading 'The Communist Manifesto' in military school and realizing that their family's values were aligned with Marxism. The speaker argues that the education system perpetuates a cycle of poverty by not equipping students with the skills to manage money effectively. They also discuss their experiences in Vietnam and the realization that conflicts, including the war in Vietnam, were driven by economic interests, specifically oil. The speaker emphasizes the need for a shift in educational priorities to include financial education.
📈 Capitalism and Corruption
The speaker discusses the concept of capitalism and distinguishes it from corruption. They argue that capitalism itself is not the problem but rather the corruption that often accompanies it. The speaker uses the example of Mr. Tata, a successful businessman, to illustrate how providing value to customers can lead to wealth. They contrast this with political leaders who they perceive as corrupt, using the example of President Joe Biden and his son Hunter Biden. The speaker also mentions their friendship with Donald Trump and their shared belief in capitalism, and criticizes the Biden administration's policies, particularly the decision to cut the pipeline, which they believe was detrimental to the economy.
🚀 Entrepreneurship Over Formal Education
The speaker advocates for entrepreneurship over formal education, arguing that school does not necessarily lead to wealth. They share their personal story of having a degree in engineering but choosing not to pursue it, instead focusing on financial education and entrepreneurship. The speaker discusses their success in the cryptocurrency market, particularly with Bitcoin, and emphasizes the importance of understanding market trends. They encourage learning through alternative means such as YouTube, which they believe offers a wealth of knowledge from various sources, and criticize traditional education for not preparing individuals for entrepreneurial success.
🌐 Investing in Diverse Assets
The speaker talks about their diverse investment portfolio, which includes commodities like gold and silver, as well as cattle. They emphasize the importance of investing in what people want and need, and discuss their personal investments in a gold mine and a silver mine in Argentina. The speaker also mentions their preference for luxury items like Ferraris and Rolls-Royces, and their decision to buy a Gulf Stream 4 jet for international travel. They argue that entrepreneurship allows for the freedom to choose what to invest in and the flexibility to live a life of luxury, as opposed to being tied down by traditional jobs and financial constraints.
💡 The Power of Financial Education
The speaker concludes by emphasizing the importance of financial education and the mindset it fosters. They discuss their ongoing work on books and educational materials, including a board game called the 'Cash Flow' game, which they recommend for teaching financial literacy. The speaker encourages a proactive approach to wealth creation, focusing on creating assets that can fund one's desires, rather than simply saving money. They stress the value of giving and teaching, suggesting that these actions lead to greater wealth and success in life.
Mindmap
Keywords
💡Financial Education
💡Assets
💡Liabilities
💡Rich Dad Poor Dad
💡Fiat Currency
💡Debt
💡Bestselling Author
💡Entrepreneurship
💡Cryptocurrencies
💡Mindset
💡Capitalism
Highlights
The interviewee expresses gratitude for the impact of the book 'Rich Dad, Poor Dad' on their life.
The book 'Rich Dad, Poor Dad' is recommended as the first book to read for financial education.
The interviewee discusses the stark contrast between the rich and poor in India, similar to issues in America.
Financial education is identified as a key factor in addressing wealth disparity.
The interviewee emphasizes the importance of focusing on assets rather than liabilities.
Silver and gold are recommended as the best assets to focus on, described as 'God's money'.
The interviewee shares personal experiences with acquiring wealth through silver and gold investments.
The concept of 'fake money' is discussed, with a critique of fiat currency systems.
The interviewee suggests that the education system fails to teach about money, leading to financial struggles.
Becoming a best-selling author is linked to the ability to sell, rather than just writing skills.
The interviewee shares tips on becoming a great salesman, emphasizing service to others.
Capitalism is defended as a system that can help people out of economic trouble, if not corrupted.
The interviewee discusses their friendship with Donald Trump and their shared capitalist values.
The interviewee criticizes Joe Biden's policies, particularly the cancellation of the Keystone XL pipeline.
The interviewee argues against the necessity of formal education for entrepreneurship.
Cryptocurrencies are discussed, with the interviewee sharing their personal investment in Bitcoin.
The interviewee advocates for learning through platforms like YouTube, rather than traditional education.
The interviewee encourages thinking about how to afford things, rather than saying 'I can't afford it'.
The interviewee promotes their cash flow board game as a tool for financial education.
Transcripts
so first of all thank you so much for giving your precious time to me it's
an honor for me to have you sir every time I go to any interview or stage whenever I mention my
story there's always you in my story because you helped me change my life through this book thank
you it's one of my favorite alltime favorite book whenever someone asks me which book you I
should read first I tell them read this because if you don't read this if you choose a bad book
people might not read at all if a book is not good so the first book I recommend is Rich Dad
Poor Dad the first book and , that makes me so happy it's the greatest gift I have I'm an
old man now huh but to have young men like you said that this book and all this I travel all
over the world and young men and women come up and say thank you yeah that's the greatest gift
of all yeah thank you don't even know how much powerful that is for me and for 4 million
people because we are kind of changing my life and we'll change so many other lives just because
of you and your book now you'll change more lives yeah it's a cascading effect that will go so well
so the first question I have for you you came to India you went to dhavi you there bought jackets
and everything so and you were at the Taj also Taj Hotel which is one of the like very luxurious life
you you have noticed Rich are really rich and poor are really poor in India why do you think
that is well I think it's also um not just India in America today slums are appearing everywhere I
have an I have an apartment house I have lots of apart real estate agent but I have a property in
Seattle Washington Washington and Portland Oregon my tenants couldn't get into the building because
the homeless parked all around it so I remember about 15 years ago I was in Argentina and I saw
the favellas and favellas are the homeless people and they're growing like a cancer but it's growing
in America today too okay and there's many reasons for not one reason but a lot of is
no Financial education so you have a lot of good people hardworking people they work really hard
the problem is our money is fake the rupia is fake rupia is fake the yen is fake the dollar is
fake and it keeps people poor so that's why when Rich Dad Poor Dad I said the rich don't work for
money and if you work for money you get poor you can make a lot of money but you get poorer so it
doesn't so it takes a while for a person to go oh my God what's wrong I'm working hard I went
to school you know I'm poor so that was poor dead yeah okay so in the book you said that
we should focus on assets rather than focusing on liabilities what are the best assets you can
recommend us so we we should focus on right now there's lots of assets you know like the number
one asset today is silver silver and the reason is is because silver and gold are God's money
yeah so silver and gold were placed here by God the dollar is printed the rupee is printed yeah
so I for since 1964 when I was 17 years old I started saving silver okay and gold so today I'm
a rich man but I still remember meeting a Hindu priest okay in Fiji and he had gold hanging all
over him you seen Christians m it's not good to be a rich you know what I mean yeah I'm a Christian
root of root of oliv yeah the love of money is the root of all yeah so this Guru DEA he's an
American Hindu Hindu priest I said why do you have so much gold he looked at me and he said because
gold is the attractor of wealth what says yes as God put gold here on Earth so gold would attract
wealth but what the US was the US government started printing paper money the had currency
and so poverty increases so my message to you know people of India whatever religion you have
to get back to what's real real silver or gold so because I'm a capitalist I own two gold mines
and one silver mine and I get richer and richer and richer because that Hindu priest said to me
so the more gold you have the more wealth you attract yeah so he says gold he said this quote
unquote gold are the I the tears of God gold is the tears of God yeah so if you want more wealth
get more gold yeah a lot of countries are doing that they're increasing like gold reserves who
are smart because gold is a real money as you say it's real it was thousands years ago we used to
have gold now also gold is there and it will be for sure uh in the future also we will use gold
and have gold as a money but fiat currency keeps on changing that's terrible that's fake money fake
money changes and that's the US dollar H so it's really tough you know because because our school
teachers tell us go to school work hard get a job save money pay taxes get out of debt I don't do
any of that and what I do instead is I use debt because what happened in 1971 President Nixon took
the dollar off the gold standard and so the dollar became debt in 1971 I used debt to get rich it's
opposite opposite yeah but you go to school that tell you stay out of debt yeah but debt is money
it's other people's money you you said a very interesting thing about education system what
do you think is the main problem of our education system currently education Ed it's really sad cuz
Poor Dad was educator yeah good man but a Marxist in 1965 I was 18 years old and I read the book The
Communist Manifesto okay I went to military school they call me a ring nug ring nug yeah
ring knockers are Military Officers officers okay who went toies special schools so we had to study
Marx because you know Marx is the enemy and I realize my family are marxists good people but
it's like a religion you know what I mean it's like in in Ireland they have Catholic shooting
Protestants they're all Christians but they're shooting each other you know it's like the taml
tiger and the people in Sri Lanka Lanka they shoot each other yeah I was in Vietnam as a marine pilot
flew helicopters in Vietnam Vietnamese were killing Vietnamese stupid you know it doesn't
make sense but that's the world way the world is today and the other thing I knew about I went to
Vietnam twice 1966 in 1972 and I realized then that what Vietnam has the reason America was
fighting for Vietnam was oil oil and the reason I know that is the school I went to the US Merchant
Marine Academy in New York I studied oil I'm an o man yeah that's my background and so it's your
education it's good but our schools do not teach us anything about money yeah that's the problem
and that's why most School teachers are poor yeah don't listen to them yeah you are a bestselling
author of the whole world I have a book summary Channel I love books so what would you recommend
if someone wants to become a bestselling author of the whole world like you what things they have
to focus on well I hate to say this but I flunked out of high school because I cannot write huh so
I flunked when I was 15 and 17 I can't write okay and I only became a best-selling author
after I learned how to sell so I'm not a best writing I'll never e bullet Sur Prize or all
those Awards I'm a best selling author so in 1974 when I came back from Vietnam I was a you know so
my poor dad just go fly for United Airlines American Airlines bran F and all that stuff
and my rich I I asked my rich man I said if I'm a pilot what happens he says you're an employee
you know you work for people I said well how do I become rich he says you have to learn how to sell
he said the number one skill of an entrepreneur is not how to sell and I didn't want to sell
so I kept asking my rich said please please please there's got to be a better way I don't want to
sell cuz my poor dad hated salesman yeah you know academics Professor I don't like salesman so
finally I asked my rich I said tell me how can I get rich without selling and so my rich dad is my
best friend's father okay looks at me says how's your sex life I said terrible he says you have no
girlfriends right I said that's right he says cuz you can't sell that's inter so with that I joined
the Xerox cor I I interviewed with Xerox and IBM back then 74 and I learned how to sell so what
this says here is bestselling author besteller it doesn't say best writing author writing author
pit surprise will never come after me you know they don't care I sold more books than anybody
else but I can sell book BS that's very beautiful thing if anyone wants to become a good salesman
is there any few tips or something like what we should focus on to be a great salesman that's a
very good question I only do it because I want to serve my fellow human being uh the more people I
serve the more effective I become too many people say the more people I serve the more money I make
I I don't really care about money if you read this book here there's so much so so many easy ways to
make money yeah but I want to focus on serving my fellow human beings first so rich or poor you
know I keep talking to U professional investment club and all this I said I came to Mumbai I want
to see the slums said how do I serve the people of the slums I don't serve them by making my prices
really high I serve them by teaching so it's like Gandhi and those guys and you know they teach so
I teach to this book so this book can go into the slums of Mumbai or all over the world and that's a
I am a testimony for that I came from Mumbai slums I am one of the guy who used to live in slums I
have dream but I I own houses now this get you well and this mindset this book helped me to get
out that slumps so it's an honor sir that's yes thank you congratulations yeah thank you so much
like why do you think capitalism is the best way for the world to come out of this economic trouble
we are having it's a tough question you know it's not people don't like capitalism but they don't
like corruption yeah it's a lot of corruption and unfortunately if a person has no Financial
education ation people steal from them very easily yeah so I look at politics and all this
many of our political leaders are stealing left and right yeah so they say well it's capitalism
no it's called corruption yeah so you cannot cross corruption and capitalism capitalism very simply
taking people and their ideas and making money with it so like yeah I print this book I get paid
that's Ste King from anybody yeah so that's what it is you look at Mr Tata you know he's very smart
businessman he makes a lot of money because he's giving people what they want you know everything
is Tata you know the television station the trucks and so you get angry at him I get angry at Joe
Biden My President who's a crook you know Joe Biden Hunter Biden they're just absolute Rooks
so it's sad you know so it's there good people and bad people M you wrote a book with Donald
Trump also why we want you to become rich how did you all become friends and what happened Donald
Trump is a good friend he's a good he's a good man he's a capitalist unfortunately as you may know uh
this fake charges against him yeah the election was stolen m in America today several elections
that were stolen because of Marxism okay it's sad it's really said so Mr Trump is a very good
man his sons and I are very good friends uh you look at Trump and his two sons Donald Don Trump
Jr and Eric Trump then you have Joe Biden and Hunter Biden who's a drug addict womanizer and
all this so like father like son so I often say to people look at what Trump's Sons do and look at
what Biden's Sons do he's a criminal so Joe Biden is a criminal you know how I know that because in
when he got elected I think it was January 2020 his first move was to cut the the pipeline that
runs from Canada to the Gulf of Mexico in America the first thing he did was cut that pipeline why
because I was I'm an oil man I went to school I drive oil tankers under Trump I was selling
oil at $30 a barrel when Biden cut the pipeline oil went from $30 to $130 he that was his first
act as president oh my God I know what he's doing he's going to raise the price of energy
he's going to kill the middle class so today I see people you know pumping gas like this they
got kids they can't afford to feed them because you know fuel energy produces food produces oil
Transportation affects everything everything so Biden is the worst president we've ever had I'm
not Republican or Democrat okay just watch what a person does not what they say yeah his First Act
was to cut the PIP plane I made a fortune that's yeah cuz well oil was $30 a barrel went to30 you
had but everybody else got poor I don't like that doesn't make me happy you know it doesn't make me
happy but this guy Biden is a complete crook compared to Mr Tata who everybody loves the
guy yeah do you know I have tremendous respect for Modi also okay yeah so you have a good politician
bad politician good president bad so this guy Biden is a crook just watch what he does not
what he says the First Act was to cut the pipeline I made fortunes I hated it because you are smart
financially that's why you made no because he made my my friends poor he does it intentionally okay
bid is a crook why he is doing like this communist okay yeah I said I was in Vietnam a pilot right
h i remember flying watching Vietnamese killing Vietnamese this is stupid you Viet Vietnam Reon
America was there for oil Vietnam is a lot of oil yeah yeah so I know what's going on my degree is
in oil okay I understand oil so when Biden cut the PIP plan I knew exactly what he was doing
you understood the behind the scenes I know no it's obvious not behind the scenes it's obvious
it's obvious American people are so stupid they cannot see Americans are so stupid today that's
why homelessness looks like the slums of Mumbai what's the biggest mistake they are doing people
in India also in America what's the biggest Financial mistake we people are committing
right now you shouldn't go to school anymore okay school is going to make you poor okay Poor
Dad went to school Rich Dad didn't my friends who are billionaires didn't go to school entrepreneurs
you don't have to go to school you know you have to go to school to be a doctor or a lawyer or an
accountant but to be an entrepreneur you don't need to go to school so that's what's happening
for you I become an entrepreneur you don't need a college degree for that I have an interesting
story so my dad is a taxi driver so he saved a lot of money for me so that I can get a degree so I
have invested my 15 10 15 16 years for engineering I did my engineering but I never went back to take
my degree the college used to call me and say that take your degree take your degree but I knew it's
not worth it I read it I learned from here the uh degrees is just piece of paper it doesn't
matter if you have a degree or not I started my YouTube channel and it blew all because of you
so right now in terms of financial education what do you think about cryptocurrencies I have uh 60
Bitcoin 60 Bitcoins that's all okay all coins do you think it's a there is a positive future for
cryptocurrencies no don't care we can't say no I mean 60 is enough that's 1.8 billion
million right see that what but how did I get the 60 is the question how well because
I studied what's called technical trading you markets go up markets go down so what
happened Bitcoin came out in 2009 I did take a move everybody would went straight
to 20,000 yeah so I watched it and it dropped down to like one and then went
so when it hit 6,000 I bought 60 of them I'll be rich for the rest of my life yeah all you need is
one so I have 60 Bitcoin that's enough I can't live in Mumbai yeah comfortable life you can
yeah but that's Financial education knowing how to track Trends and markets and all that stuff
what the best way a person like me can learn from best ways we can learn because education system is
not good so what are the other options that we can opt to to learn how do we get educated huh because
education system is not good right from mobile the best teachers are on this today yeah YouTube
yeah I'm on this thing all day okay I'm listening to really smart people really stupid people you
somebody said this is good somebody say this is bad I listen to them all the best teachers are on
this some of the best Crooks around this also yeah but so you can take this into the slums of Mumbai
and a young child can study from here and get out of the slums but it's up here not school school's
a waste of time yeah for for unless you can be a doctor or a lawyer yeah I be a doctor or lawyer
I'll be an entrepreneur but if you want to become an entrepreneur then there are lots of option on
mobile it's more than an entrepreneur I Want to Be Free yeah I don't I can travel where I want I make
as much money as I like I was doing a talk today you know like I I drive Ferraris rolls-royces and
all that and a lot of financial experts say live below your means I don't like it I don't want live
Bel my means I don't look I mean Japanese I don't like Toyotas I like Ferraris okay would you rather
Ferrari or Toyota Ferrari Rolls-Royce or Toyota Rolls-Royce and so I drive a jet which would
you have fly fly economy in Air India or drive your own jet drive your own jet oh that's the
difference you're buying new jet also I on the talk you said you are going to buy another jet
have two okay you have two a layer 60 I'm going to buy I'm buying a G4 right now Gulf Stream 4 okay
so I can fly internationally save time because that's important right no I hate Air India I
hate United Airlines I hate American Airlines I don't like traveling with poor people yeah I
rather have my own jet yeah and be with people who are good with mindset yeah easier said than done
yeah most people have a poor mindset are sad cuz they went to school go to school get a job work
hard pay taxes save money buy a house and invest in the stock market I don't do any of that I'm not
saying people shouldn't do that I don't do any of I don't have to I'm an entrepreneur I I like gold
so I I bought a gold mine average person cannot buy a gold money I own a silver Mone in Argentina
because I'm an entrepreneur do I pay for it no okay how we got study you have to study yeah and
what are the different things you invest in money in like Commodities you buy oil you have gold
silver are there any other things you invest money in cattle cattle I know it's illegal here cuz you
eat you H but cattle's very big business okay why people eat them I'm I'm in America I'm not here
in India yeah yeah okay I only buy what people want yeah so over here if I was here I'd buy pigs
I would sell pigs in America I sell cattle and it violates your religion I know but not my religion
right and you're just fulfilling the need what people need you fulfilling that because you're
an entrepreneur what do people want yeah I don't want crypto you know I want the money I want that
stuff I don't want a job I don't buy a job but people who need a job go to school people who want
to be doctors go to school that's good because we need doctors we need attorneys we need accountants
I don't want to be one of those I want to hire them yeah I'm an entrepreneur I I'm I'm buying
a G4 Gulf Stream 4 goes all across the world M that's what I want yeah I don't have to climb
on Air India or Singapore Air or United Airlines or American Airlines get my own jet yeah I just
have to figure out how to make money in it that's interesting so are you writing another book yeah
I'm always writing books my most most happiest thing you know I'm glad you read this book keep
studying I think the biggest thing for people is that I can't what poor people people say I
can't afford it that's why they're poor you've got to be able to say how can I afford it yeah
so I want a G4 a gulf stream for a jet $10 million the price is cheap flying is expensive I said well
how am I going to pay for that jet most people can't afford the 10 million much less it costs
about 10,000 an hour to fly average girls in India can't afford 10,000 an hour us yeah so I just got
to figure out how can I no how can I afford a jet I start another business I create assets that pay
for my liabilities so when I wanted my Ferrari I bought apartment houses the apartment houses
bought my Ferrari yeah when I wanted my uh rolls Royce I bought what's called a warehouse and the
warehouse bought my Rolls-Royce a poor person was say oh I can't afford it I can't afford
it that's why they're poor yeah the words say I can't afford it makes you poor yeah because
that makes the mindset that you can't well this is Christian but say the word becomes flesh yeah
I don't know if it's in Hindu but when you say I can't afford it you become poor okay or any
final message for me and for the viewers any fin message no I mean thank you I'm honored to read
this book is the greatest gift he can give an old man like me it's my pleasure to see young but but
keep teaching okay yes we will I have a board game called the cash flow board game yeah I recommend
that people take that into the slums and teach if you teach you get richer because it will change
the mindset yourself yeah you see the the reason teachers are poor is because they work for money
they just want job security they're criminals I don't like School teachers I can tell but I like
people who go and teach to give when you teach and give more comes back to you yeah God Shines on you
was it Shiva or Shines on you I'm a Muslim say yeah okay give and you shall receive that's the
that's in every religion and every entrepreneur believe that it's all religions yeah give
and you shall receive yes thank you so much thank you so much it's an honor thank you so much
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