Book Rich Dad Poor Dad And Internet Marketing?

I agree wholeheartedly. Passive income is passive income - no matter the source. But as Kiyosaki teaches in his next books - don't forget to diversify within different markets altogether. People spend years learning techniques to acquire real estate that then pays them a small cashflow - which is something just as easily accomplished with internet marketing, however don't keep all of your eggs in one basket - use proceeds from your strength to purchase and learn areas within your weaknesses in case your method should fail in the long term. Google just has to change a few small things to make your rankings falter. Same with the housing bubble. And if everything falls all at the same time, the world would end anyway and money would be the least of your worries .

Hi Jay,

I agree with what you are saying. I saw a couple of Kiyosaki's video clips and I believe in this success attitude. I have been reluctant to begin article marketing because it seems quite time consuming, but the more I hear about it, the closer I get to taking it on. I appreciate your encouragement and putting it all in line with this making money continually. When I look at it this way, it doesn't seem like too much work at all.

Roger,

Couldn't have said it better!

The ways need changing.

I was sat at a friends BBQ the other day chatting about money and careers and I was explaining that I was thinking of travelling the world for a bit with my other half.

His dad at this point jumped in and explained it was a CRAZY idea. You need to get a mortgage, you need a stable job, yada yada. It just goes to show how mindest in money, careers and life is moulded. It made me think about this book because it couldn't have been closer to "POOR DADS" thinking!

He doesn't know what I do for a living. But, I was the only person there that thought differently. When I argued the point of "RICH DAD" people looked at me like I was CRAZY! In my opinion a J.O.B is a dangerous place to be right now, regardless of who you work for.

Two friends of mine have lost jobs in the past 10 days, and they are panicking! This proves my belief, that the best thing you can be doing right now is making YOUR OWN money!

GoGetta

Roger,

Yes, I have done a little travelling, not on the scale I want though and now I run businesses in the UK, a lot of delegation needs doing first!

But, I have never been to Perth, been to Brisbane for a bit though. Will check Perth out though, as I plan to go to AU. I will also check that link out now!

Thanks

GoGetta

I don't necessarily agree with that. Everyone is in business for themselves anyways. People can do the same job for their company as a 1099 contractor as they do as a W-2 employee. People basically ask for a W-2 and in exchange they have to report to work at 8am, have to pay for things after-tax, and have the gov't withhold money ahead of when it's due.

Some people are more apt to be able to start/grow businesses, but anyone can be in business.

Roger, and others!

I just truly believe in the power of Internet marketing, and residual income.

Have your time, and money work for you not the other way around. Robert Kiyosaki sums it up when he makes this statement.

The Internet is the best place to earn a residual income, and break out of the 9 to 5 rat race. Get your system set up once though it does take hard work for a while, it will pay you over and over again.

Nothing like waking up in the morning while you sleep with hundreds of dollars in affiliate income in your account. Sure beats cartoons lol.

And where else do you have the World as your playground from your home office? Sounds like a pretty good business model to me. Would anyone care to disagree that Internet marketing is perhaps the best business model around for producing residual income?

I agree totally, read it as well several times just becouse it isnt enough reading it just once, if you arent rich you need to understand how rich people think (not talking about movie stars och pro sportsmen) and then try to adapt yourself to that way of thinking on a daily basis.

so yea, anyone can be in business.

Awesome book. A must ready. And any business gets you out of the rat race. Not just IM!

Life is all about balance. It really is simple to fall into middle class poverty which is a mortgage / kids / living from payday to payday and wondering why you have a crap vauxhall zafira rather than an audi Q7!

But then I'm lucky as being a scientist you can't really go self employed, I certainly wouldn't want the overheads associated with my job. I don't have to travel miles to work somewhere I hate and I do have some other income streams from IM should the job market collapse.

If I'd read Rich Dad Poor Dad I may well have taken on Dad's farm, but then I would have missed out on all of the university experience, and never end up moving to somewhere that allowed me to meet a women who would become my wife and have 2 great kids with.

Getting back to the book I would use IM to build up your asset column, and this is what I will be teaching my kids. eg give them a personal blog but explain that if they put adverts in the sidebars they can earn commission / adsense revenue for their content.

When at school so the subjects you enjoy rather than those that will lead to a 9-5 job in an office with people and a boss you probably won't like. The world does need lawyers / accountants, and they are paid well, but would you really count them as friends / people to aspire to?

People on this thread might like to read the book "4 hour work week", which is all about outsourcing yourself, taking time off to go travelling while still keeping your job, etc.

I agree the "rich dad poor dad" books are great!

Chris

Rich dad and poor dad is an excellent book to read. It's crazy how powerful our mind can be and why it is important to keep looking up in the sky! You should also check out the secret if you haven't read about it yet. Great stuff

Rich Dad Poor Dad is a great book, especially
for Internet Marketers. I read it several years
back and have been reading other books
by Robert Kiyosaki ever since. To say I have
learned a lot all these years is a big
understatement. I highly recommend this and
other books by Kiyosaki to all IMers.

About the concept, it really holds true - why
spend YEARS in college to learn how to be a
paid slave for all your life when you can spend
the same time (or even less) to learn how to
be a boss and create never-ending passive
stream of income for the rest of your life?!

That's what Internet Marketing can do! Heck,
I still receive $000+ monthly commissions for
products I promoted in 2006, even those that
I have completely forgotten!!!

Kingsley

Damn, few years back when i read this book... It made my life like a hell no one will like to live.

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Yeah I started to skip classes and made my family so much angry with me...
and it was very hard to convince them with the ideas Robert has convinced me...

Yeah best book ever... but make sure your bright kid in school just do not read it
before finishing their school... Man it seems so hard to think 9-5 in the classroom
after reading this book (it is impossible to live with the theories and lectures your
teacher will like to embrace being the student of Robert.....)

More power to these great guys who have courage to say, and teach what seems
against the whole teachings of the whole 9-5 mentality world.