Assets and liability

Never Give Up

Why the rich get richer and the poor get poorer?

The rich have the money to work for them as they have created many stream of income.Which are passive income ,so they no need to work to make money.

As the book " Rich dad poor Dad " by Robert kiyosaki mention that assets put money into your pocket and liability take money out of your pocket.

The poor focus on Earn income which they have to exchange time for money.They only have one stream of income.If you tell a person with poor mindset then they probably tell you that they will take up another job to have more income.

I have seen many people are making 2 to 3k paycheck a month who are suffering from paying car expenses month after month.As the prices are increasing but their pay are decreasing because of inflation.

Passive income is the key factor to make you rich
Think and Grow Rich Now - Assets Is wealth

Think And Grow Rich - Overcoming is part of success

Treat obstacle as a Challenge or a motivation to help you succeed..Person with no drive can't be successful.

Successful people always treat obstacle as a challenge and overcome them.instead of treating it as a setback that discourage them or stop them from succeeding

Poor people afraid of obstacle ,they treat obstacle as a failure.They give up easily when setback arise.There always obstacles before any success


“There are no secrets to success. It is the result of preparation, hard work, and learning from failure.”- Colin Powell quotes

The PipeLine Story

Think and Grow rich - Assets make you rich

To be rich and wealthy , you need to know what is assets and what is laibility. As robert kiyosaki mention in "rich dad poor dad" Assets is something that put money in your pocket and liabilty take money out of your pocket.

For example car is a liability because it take money out of your pocket every month.

But there are still many people think that the car are assets which they can sell away and get cash but remember that what you spend is much more than what you take back

Assets are real estate that you own and you rent to people .what you get from the rental are passive income which make the real estate an assets.

Keep increasing you assets instead of liability which many people are doing that make them poorer.There are people who make 10k a month or even more but they are spending on liability which make them poorer even they are making 10k a month.

To think and grow rich you need to know that Assets is the real wealth not cash

Rich invest instead of gamble

Why the rich invest in stock but the poor gambling in stock.

The rich know what they are doing as they understand before they invest which is unlike like the poor who just throw money in the market and hope that the stock will go up so they can make some money.

Many people think investing in stock
is risky because they have no idea of the company.But the rich do
understand the company before invest so what they invest have risk but
is not risky

Without knowing what you investing is gambling.

"Emotions are your worst enemy in the stock market.”-Don Hays

Manage your Time

To Think And Grow Rich You need to manage your time
Everyone know that time is very precious ,Once it passed it never came back.To maximize your time you need a plan which i call it time management.

Every successful people have a plan, daily ,weekly,monthly,yearly plan.Planning help them to maximize their time usage without wasting any time.As what they say time is money.

People with poor mindset has no plan ,no goals.They do not know what will they be doing next.When opportunities came they will just give excuses

With plan you can do much more thing a day than people who have no plan.Every one has 24 hours why successful people can be so successful yet the poor are still working so hard for money.

The top richest man has 24 hours same as everyone of us. Plan For your future now

GET OUT OF DEBT

Debt!! Get out of debt!! Times has change. Debt can make you rich. But you have to understand that there are bad debt and good debt.

Saving don't make you rich

Earn and save!!!! we always heard from the elder keep the younger generation to save money.But if you want to grow rich , saving don't make you rich because of inflation.

Invest and build business is the one which can make you rich.But most of the young people today just really don't understand how the rich get rich. They always spending all their cash on latest cellphone ,cars,laptop any liability that you can think of.They only think of enjoying the luxury.

To think and grow rich you have to understand how to get rich,how the rich think.Understand how money works to make you rich.what to spend can increase your passive income or another stream of income.

“Mistakes are stepping stones to success.”- Unknown

Nanchaku Table tennis

Think and Grow rich with the righ mind

Treat obstacle as a Challenge or a motivation for you to succeed.You need the drive to succeed.Person with no drive can't be successful.

Success people always treat obstacle as a challenge and overcome them and problems that make them stronger .instead of treating it as a setback that discourage them in their life.

Poor people afraid of obstacle ,they treat obstacle as a failure.They are discourage when they encounter problems.They give up easily.

There always obstacles before any success.Overcome obstacle is the process before any success

“There are no secrets to success. It is the result of preparation, hard work, and learning from failure.”- Colin Powell quotes

Focus!!!

FOCUS!!! instead of Diversity

Dare to think Big

To think and grow rich you must dare to think big .Only achieving Big dream can make you successful.Because Most people who think small most likely they can't achieve it.

Dare To think big at least you can achieve 90% of what you think

Successful People do big things ,poor people do small things.People with poor mindset do not dare to think big.They always say thinking big is day dreaming and dream that cannot be achieve.

People who never think big can never be successful.

Stay away from these people because they affect what you think and stop you from being successful.Take action is the key factor to make you successful.

Remember This : Successful People Do the same thing as the poor people but they just do it differently .They think the same thing but they just think it differently

Succeed and failure is just between a fine line

There are some people who dare to think big but they are afraid of failure.

Failure lead you to success

“Big thinking precedes great achievement.” - Wilfred Peterson quotes

FOCUS!!! instead of Diversity

Which Quadrant do you want to be?

Play To win!!!

Have you ever play The board game Monopoly? I bet You have.What Are you thinking when you are playing?To Win Or not to lose?

Think and Grow rich you need to change your thinking.Successful people play to win.

Most People are afraid of losing .We have nothing to lose since the 1sat day we are born.

People who Don't aim to win will never win,people who aim not to lose will never lose but they never win too

Rich Words

What you say are important that affect what you think.People with poor mindset always say such phrase

"Is too troublesome to do"

"Too hard to do"

"i can't be able to afford it"

"i tired but i won't works"

"That is impossible"

To think and grow rich you must change to what the rich say...

"How can i afford it"

"I Must do it"

"I'm going to make it works"

"there is nothing impossible"

people with poor mindset only see thing that has happen yet the rich see thing as they going to happen. Look ahead for the future instead of the present.

You must have an open mind and able to turn ideas in to reality.A skill that can turn your ideas to a business which can make you grow rich quickly.

“Success is simple. Do what's right, the right way, at the right time.” - Arnold H. Glasgow quotes