Rich dad’s conspiracy of the rich  3/3 

Final day and I’m sure we have all learn a thing or more from Robert Kiyosaki. Please don’t forget to leave your comments.

One reason why the rich gets richer is because they work to acquire assets and everyone else acquires liabilities that they think are assets. 

There are four basic types of assets to invest in:

  1. Business
  2. Real estate 
  3. Paper asset: stocks, bonds, savings,mans mutual funds
  4. Commodities: gold, silver, oil etc 

Once you decide which asset class is best for you, study that asset class and invest your time before investing your money. It is not the asset that makes you rich, you can lose money in the asset classes, rather it is your knowledge of the asset class that makes you rich.

Never forget your greatest asset is your mind 

There are 3 parts to a great deal they are: 

  1. Partners: choose your partner carefully before you give him/her your money.
  2. Financing: what are your chances of winning financially 
  3. Management: a good partner must be a great manager, this is true for any investment or business. 

The main reason so many businesses fail or do not perform is mismanagement of enterprise.





Thank you for staying with us..comment your phone number when done the first 3 people who do this will win airtime for any network. 

Rich dad’s conspiracy of the rich 2/3 

Yay…we are back, we never relent in sharing insightful things with you. Today we continue on our rich dad’s conspiracy of he rich series started yesterday. Stay tuned .

Pareto principle-the 80-20 rule

  • For many events, about 80% of the effects come from 20% of the causes 
  • Applied in business, 80% of your business comes from 20% of your customers- so take good care of them.
  • If you want to win the game of money, you cannot be average, you need to be in the top 20% 

6. New rule of money #6: learn the language of money.

It takes money to make money? No! Money begins with words and words are free.

There are four basic investment categories for the sophisticated investor.

  • Business: owning several businesses which is a source of passive income instead of several jobs which is a source of earned income.
  • Income Producing Investment Real estate: these are properties that provide passive income from rent. Personal home 
  • Paper assets: stocks, bonds, savings, annuities, insurance and mutual funds.
  • Commodities: gold, silver,oil,platinum etc

Life is a sum total of your words!!

Avoid words such as “I can’t afford it” or “I can’t do it” rather discipline yourself to ask “how can I afford it?” “How can I do it?”

Never think, look or act like a poor person. The world treats you as you treat yourself.

7.  New rule of money #7: life is a team sport, choose your team carefully.

Small business owners thinkers focus on increasing their income, BIG business thinkers focus on increasing their assets, which in turn increases their income.

Sell! Sell! Sell!!  To get rich “you must learn to sell” become a student of the word sell. Poor people have nothing to sell but their labor. They have either little to sell, or don’t know how to sell or both. 

8. New rule of Money #8: since money is becoming worth-less and less, learn to print your own.

How can you learn about money when you are afraid of making mistakes.

Assets puts money in your pocket without you working 

Liabilities take money money from your pocket, even when you’re working.

Rich dad’s conspiracy of the Rich 1/3

Rich dad’s conspiracy of the rich by Robert Kiyosaki. What the rich know about money that most people don’t know, and it is what you know that distinguishes you. 

Financial expert Kiyosaki is sharing with us secrets about money to be enlisted Among the rich. Stay tuned 

There are four financial forces that cause most people to work hard and yet struggle financially.

  1. Taxes 
  2. Inflation
  3. Debt
  4. Retirement 
  • If people do not learn about money, they can end up exchanging their freedom for a paycheck.
  • Today, financial security is more important than job security 
  • Financial intelligence is not so much about how much money you make, but how much money you keep, how hard your money works for you.

Without education a person cannot translate information into personal meaning.information without education is limited in value. We will add to our financial education by learning the new rules of money and how the new rules affect you, whether you realize it or not. 

  1. New rule of money #1: money is knowledge. Today you do not need money to make money, you simply need knowledge: Go for knowledge. Today in the Information Age,fortunes are lost in the blink of an eye as a result of bad or good information.
  2. New rule of money #2: learn how to use debt, here is bad debt and good debt, it is wise to pay off bad debt or not get into it at all. Bad debt takes money out of your pocket but good debt takes money into your pocket. Bad debt:- credit used to buy depreciating items like big screen televisions, gadgets etc . Good debt:- a loan from an investment in propertyetc that you rent out or sell, provided that the assets cash flow covers the debt pay,net and puts money in your pocket. 
  3. New rule of money #3: learn to control cash flow. If you want to be financially secure and possibly rich, you will need to know how to control your personal cash flow as well as monitor the global cash flow of jobs, people and money. Learning how to use debt is one of the most important skills a person can learn. Debt is only as good as the cash flow it can provide. 
  4. New rule of money #4: prepare for bad times and you will only know good times. Greshman’s law: when bad money comes into circulation, good money goes into hiding. 
  5. New rule of money #5. The need for speed: today, the faster a person can transact business, the more money he will make.

Failing Forward 7/7

Thank you for staying with us through this series, I’m happy we have reached this far, if you have any comment or suggestions feel free to message us or drop a comment. 

  This final day we will be looking at the summary of the book, and it’s practical so you can take steps to practice it. 
15 steps to failing Forward 

  1. Realize there’s one major difference between average people and achieving people.
  2. Learn a new definition of failure 
  3. Remove the “you” from failure 
  4. Take actions to reduce your fear 
  5. Change your response to failure by accepting responsibility 
  6. Don’t let the failure from outside get on the inside 
  7. Say goodbye to yesterday 
  8. Change yourself and your world changes 
  9. Get over yourself, and start giving yourself
  10. Find the benefits in a bad experience 
  11. If at first you succeed, try something harder
  12. Learn from a bad experience and make it a good experience 
  13. Work on the weakness that weakens you
  14. Understand that there’s not much difference between failure and success 
  15. Get up, get over it, get going.

This steps are sure to lead you to failing forward, don’t be scared of making mistakes. 
Do have a beautiful week ahead. 

Failing forward 6/7

Day 6 and it’s all progress, today we will be looking at top 10 ways people get in their own way. If you have any questions or comment always feel free to drop them. 

Top 10 ways people get in their own way 

  1. Poor people skills: if you haven’t learned how to get along with people, you will always be fighting a battle to succeed. However, making people skills will take you further than any other skill you develop. People like to do business with people they like. 
  2. A Negative Attitude: Two men looked from prison bars, one saw mud, the other saw stars. Change your perspective. If your circumstances constantly get you down, then maybe it’s time for a change- not in your situation, but in your attitude. 
  3. A bad fit: evaluate yourself and your situations. If there is a poor fit, think about making a change.
  4. Lack of Focus: bad things happen when a person does not focus. Anybody can make an honest mistake when things are hectic. But people lacking focus have trouble not because they are too busy, but because their perspective are out of whack. And that waste their time and resources. 
  5. A weak commitment: The time you failed, did you stop trying because you failed, or did you fail because you stopped trying? What’s your level of commitment ? If you’re committed a failure doesn’t mean that you’ll never succeed. 
  6. An unwillingness to change: some people seem to b in love with the past that they can’t deal with the present. When you horse is dead, for goodness sake, Dismount!!
  7. A shortcut Mindset: a common obstacle to success is the desire to cut corners and take the short road to success. But shortcuts never pay offin the long run. Cutting corners is really a sign of impatience and poor self discipline. “The common denominator of success lies in forming the habit of doing things that failures don’t like to do” Albert Gray
  8. Relying on Talent alone: talent is overrated. Not because it doesn’t have value, but because talent alone is not enough to take a person through the multiple failures that life brings. Adding a strong work ethic to talent is like pouring gasoline on a fire.its explosive! ” even Ar best, talent remains constant, and those who rely on that gift alone, without developing further, peak quickly and soon fade to obscurity” Ted Orland 
  9. A response to poor information: ” expect only 5% of an intelligence report to be accurate. The trick of a good commander is to isolate that 5%” General Douglas Mac Arthur
  10. No goals : “ours is a world where people don’t know what they want and are willing to go through hell to get it” Don Marquis. Joe Griffith believe Goals are dreams with time limit. If you can discover the weakness that weakens you, then you can start doing something about it. And that can change your life.

Nothing worth achieving comes easy. The only way to fail forward and achieve your dreams is to cultivate TENACITY  and PERSISTENCE. These  qualities can be learned partly by developing the habit of following through on your commitments, even when you don’t feel like it. 

Failing Forward 5/7 

Day 5 and the good news is, we are making progress, thanks for all the comments and for sharing the links. 


How to learn from your failure and mistakes: 

To turn losses into profits, ask the following questions every time you face adversity:

  1. What caused the failure: the situation, someone else, or self? You cannot find out what you can do unless you do all you can to find out what went wrong. Always begin the learning process by trying to identify the cause of a problem. 
  2. Was what happened truly a failure, or did I just fall short? What you think is your fault may have been an attempt to fulfill unrealistic expectations. It doesn’t matter whether you place them on yourself or someone else does; if a goal is unrealistic and you miss it, that’s not a failure.
  3. What success are contained in failure? The gem cannot be polished without friction, nor man perfected without trials. “A realist is an idealist who has gone through the fire and been purified. A skeptic is an idealist who has gone through the fire and been burned” Warren Wiersbe 
  4. What can I learn from what happened? “Adversity is the first path to truth” Lord Bryon  “I learned more from the one restaurant that didn’t work than from the ones that were successes” Restarateur Wolfgang Puck
  5. Am I grateful for the experience ?one way to maintain a teachable mind-set is to cultivate an attitude of gratitude. Before you can actually be a good winner, you must know how to lose.
  6. How can I turn this into a success? ” if there is any single factor that makes for success in living, it is the ability to draw dividends from defeat” Williams Marston . If you’re willing to try, you can often salvage something of value from any disaster
  7. Who can help me with this issue? There are two kinds of learning: EXPERIENCE: Which is gained from your own mistakes and WISDOM: which is learned from the mistakes of others.mlearning from others is highly recommended. Seek advice, but make sure it’s from someone who has successfully handled his failures. 
  8. Where do I go from here? “Learning is defined as a change in behavior. You haven’t learned a thing until you can take actions and use it” Don Shuala and Ken Blanchard

Determining what went wrong in a situation has value. But taking that analysis another step and figuring out how to use it to benefit is the real difference maker when it comes to failing forward. 

Failing forward 4/7 

Thanks for staying tuned till day 4/7 on the series.

  What’s the difference between achievers and underachievers

  • Underachievers: I would rather try nothing great and succeed than try something great and risk failure.
  • Achievers: I would rather try something great and fail than try nothing great and succeed. 

Where do you belong?

Six (6) traps that make people back away from Risk 

  1. The Embarassment Trap: not wanting to look bad.
  2. The Rationalization Trap: people caught in this trap second-guess everything, they do, and as they prepare to do something, they say to themselves “maybe it’s really not that important”. But the truth is, if you wait long enough, nothing is important. Des fifth rule of Procastination.
  3. The unrealistic expectation Trap: for some reason many people think everything in life should be easy, and when that find out that achievement takes effort, they give up, but success takes hard work.
  4. The fairness Trap: the feeling of entitlement. Feeling life isn’t fair to you. “Life is difficult” “life isn’t fair”. It isn’t going to be fair. Get up, and get hard. 
  5. The timing Trap: some people tend to think that ere is a perfect time to do everything-and this isn’t it. “Don’t wait for all light to be green before you leave the house.if you wait for perfect timing, you will wait forever” Jim Stovall .  “There is nothing so fatiguing as the eternal hanging of an uncompleted task” William James 
  6. The Inspiration Trap: Many people want to wait for inspiration before they are willing to step out ( it doesn’t have to be #deep to start) and take risk.

Quotable quotes on failing forward 

” you don’t have to be great to start, but you have to start to be great” John Maxwell 

“The difference between an amateur writer and a professional writer Is that the amateur writes when He feels like while the professional writes regardless” Oscar Wilde

“When you get an insight or inspiration, do something about it in 24 hours- or the odds are against you ever acting on it” Bill Gates

“If you are succeeding in everything you do, then you’re probably not pushing yourself hard enough. And that means you are taking enough risks” John Maxwell 

“The willingness to take greater risk is a major key to achieving success” John Maxwell 

“The things which hurt,instructs” Benjamin Franklin 

“Your attitude towards failure determine your altitude after failure” John Maxwell 

“A winner knows how much he still has to learn, even when he is considered an expert by others. A loser wants to be considered an expert by others before he has learned enough to know how little he knows” Sydney Harris

Failing forward 3/7 

Thanks for staying tuned….please don’t forget to leave your comments below as we are here to learn from each other. 

Breakthrough the Alternative to breakdown:

Every major difficulty you face in life is a fork in the road. You choose which track you will head down, toward breakdown or breakthrough. 

Dick BBiggs, said one of the best teachers of persistence is your life’s critical turning points. Expect to experience 3-9 turning points or significant changes in your life. These transitions can be happy experiences or unhappy  times. By learning from your turning points, you can grow at a deeper level writhing your career and life. 

Say goodbye to yesterday 

To move fair ward today, you must learn to say goodbye to yesterday’s hurts,tragedies, and baggage. You can’t build a momentum to past problm a and fail forward.

Little exercise 

  • Take time to list the negative events from your past that may be holding you hostage 
  • For each item you listed, go through the following process
  1. Acknowledge the pain
  2. Grieve the loss 
  3. Forgive the person
  4. Forgive yourself 
  5. Get up, get hard, and move on

If after, you still feel down. Take time to talk To God about your situation. 

How to move Forward with your Flaws 

  • See yourself clearly: many people see all the bad and deny the good, or they see all the good and deny the bad. To reach your potential, you must see both.
  • Admit your flaws honestly: you must take responsibility for who you are as a person. That means owning up to what you cannot do (based on skil) what not to do (based on talent) and ought not to do( based on character).
  • Discover your strength joyfully: no one ever achieved his dreams working outside of his area of gifting. “To excel do what you do well”
  • Build on those strengths passionately: you can reach your potential tomorrow if you can dedicate yourself to growth today.

“If you’re not happy with your current job, family, situation,or life, look first at what you can change in yourself before trying to alter your circumstances”

Failing forward 2/7


Breaking away from Failure 
Look at an area in your life where you have repeatedly failed, and do the following.

  1. Examine your expectations for that area: write them down, are they realistic? Did you succeed at the first try? Adjust your expectations.
  2. Find new ways to do your work: brainstorm at least 20 new approaches, and then try half of them.
  3. Focus on your strength 
  4. Vow to bounce back 

“Fear makes come true, that which one is afraid of” Viktor Frankl 

Six Excellent quotes on failing forward 

1. “Success on any major scale requires you to accept responsibility… the final analysis, the one quality that all successful people have is the ability to take on responsibility” Michael Korda 

2. “Our business in life is not to get ahead of others, but to get ahead of ourselves-to break our own records, to outstrip our yesterday by our today” Stewart B. Johnson 

3. ” it is easy to dodge our responsibilities. But we cannot dodge the consequences of our responsibilities ” Sir Joseph Stamp 

4. ” failure is an inside job, so is success. You can’t let the failure outside y get inside you” John C. Maxwell 

5. ” too many people, when they make a mistake just keep stubbornly plowing ahead and end up repeating the same mistakes. I believe the motto ‘try and try again’. But the way I read it is ‘try, then stop and think. Then try again'” William Dean Singleton 

6. “Ninety percent (90%) of all those who fail are not just actually defeated. They simply quit” Paul J. Meyer 
The problem of people’s past impact them in one of two ways: they experience either a breakdown or a breakthrough 

Signs of a breakdown 

  1. Comparison: Believing and talking about how much harder you’ve had it than anyone else.
  2. Rationalization: Believing that there are good reasons not to get over past difficulties.
  3. Isolation: Withdrawing due to past difficulties 
  4. Regret: A major hindrance to living life in the present, it saps people’s energy.
  5. Bitterness: People who don’t get beyond the problems or the pain of the past eventually become bitter.

“People do not have to remain victims of their pasts, but when they do, they become prisoners of their own emotions” Wes Roberts

Failing forward 1/7

Good morning 

Thanks for staying put on us despite the short break 

This week we will be reviewing a book by John C. Maxwell 

Feel free to leave your comments as we are all looking forward to learn 

FAILING FORWARD by John C. Maxwell 

To succeed a person needs only four things and that is to be REAL 

1. Relationships: the greatest skill needed for success is the ability to get along with other people. Relationships make or break you. 

2. Equipping: those closest to you determine your level of success. If your dreams are great, you achieve them with a great team. 

3. Attitude: your attitude determines how you approach life day to day, your attitude more than your aptitude with determine your altitude. 

4. Leadership: everything rises and falls on leadership, if you desire to enhance your personal effectiveness, the only way to do it is to increase your leadership skills. 

Misconceptions about failures 
✔️ people think failure is avoidable; it’s not 
✔️ people think failure is an event; it’s not! It’s a process, just as success           is a journey not a destination. 
✔️ people think failure is objective; it’s not 
✔️ people think failure is the enemy; it’s not 
✔️ people think failure is irreversible; it’s not 

“You are the only one who can label yourself as a failure, 3 steps forward and 2 step backward still equals 1 step forward” 

” the fellow who never makes a mistake, takes his orders from one who does” Herbert Brocknow 

It doesn’t matter how much milk you spill, as long as you don’t lose your cow. The only problem come when you see only the spilled milk and not the bigger picture( the cow). 

✔️ people think failure is a stigma; it’s not 
✔️ people think that failure is final; it’s not 

Failure is simply the price you pay for progress. 

7 Abilities needed to fail forward 
1. Achievers reject rejection: rather than say ‘I am a failure’ they say ” I missed that one”” I made a mistake” 

2. Achievers see failure as temporary.

3. See failure as isolated incidents: when achievers fail, they see it as a momentary event, not a life-long epidemic

4. Achievers keep expectations realistic: 

5. Achievers focus on Strength: what distinguishes winners from losers is that winners concentrate at all times on what they can do, not on what they can’t. 

6. Achievers vary approaches to achievement: keep trying and changing until you find something that works for you. 

7. Achievers bounce back: All achievers have in common is the ability to bounce back after an error, mistakes or failure.