We all know some famous rich people who have become wealthy as a result of the network they built. We know Bill Gates (Microsoft), Sam Walton (Walmart) and Jeff Bezos (Amazon).

Robert Kiyosaki’s Rich Dad had a hero who became very rich by building his own network. This man is better known for the product he perfected, but really became rich because of the network he built across the world. Even today, many of us think Thomas Edison invented the light bulb, but in actuality he only improved and perfected the light bulb. His true stroke of genius was to create a company
that strung electrical lines that allowed the light bulb to penetrate society. His network made him, Thomas Edison, a multimillionaire!

Most of us are not a Thomas Edison, a Bill Gates, a Sam Walton or a Jeff Bezos, but we want to create the same wealth for ourselves. Robert Kiyosaki in his book The Business of the 21st Century, makes the valid point (his Asset #4, The Power of Your Own Network, that you gain from Network Marketing) that Network Marketing offers millions of people the opportunity to build their own network and create the same wealth created by Thomas Edison and the rest of the famous multimillionaires!

Rich Dad said Read more…

Who is in your Circle of Friends? You may have never asked yourself this question before, but it is a vital question to ask. This question, as you may have already guessed, matters most if you want to become rich.

(I still love Pooh Bear and especially Eeyore, don’t you?)

There is some excellent guidance on this subject as Robert Kiyosaki’s Asset #3 that you gain from your involvement in network marketing. He actually has eight assets you gain as he describes them in his book The Business of the 21st Century.

Robert, like many others I’ve heard, says that your income will tend to average the income of your five closest friends. So if you want the average income of your five closest friends to be a sizable amount, Read more…

Do you realize the importance of your personal development? Do you know that your level of success is determined by your level of self-development? Do you work to develop yourself everyday? I bet your network marketing business pushes you to develop yourself, right? Well all these questions lead to the 2nd Asset that Robert Kiyosaki knows you gain by involvement in a network marketing business from his book The Business Of The 21st Century. That Asset #2 is a profitable path to personal development!

If you are an open-minded person that decides that network marketing is an answer for you, you must realize that it’s not just about changing what you do, but it’s about changing who you are! Most of us are middle-class people who now aspire to be financially free. There is a big gap between middle-class and financially free. To accomplish this monumental change, you must Read more…

Are you ready to begin to learn the assets you gain by developing a network marketing business? Ok, great! Then we’ll start slowly so we can fully understand and take advantage of each asset.

Robert Kiyosaki identifies and lays out these eight assets plus some other excellent advantages in his latest book – The Business of the 21st Century.
Network Marketing is Not about Making Income

Let’s start out with a profound statement made by Robert “Network marketing is not about making more income; it’s about building an asset.” Now this is not how most people think at first. As we begin, we are only focused on bringing in more income. But that is short-sighted. Rather we need to think like Big Business owners and think about the income-producing asset we can create by building our network. As we recruit people to build their own Big Business, we create an network of big businesses that generate passive income for us. It’s passive income since our team has made the sale that created the income that we have received. We did not have to make all those sales ourselves, therefore, the income is passive.

The #1 Wealth Building Asset – Real-World Business Education

Now to begin to look at the 8 assets that you gain from network marketing, I’ll cover #1 in this post and the rest in future posts. Robert’s #1 Wealth Building Asset earned through your network marketing business is Read more…

Are you one of the many who has found that their safe secure job is no longer?  Or are you lucky and only your hours have been cut? Are you starting to realize that a job, your current one or any other, will not take you where you want to financially?  Do you have aspirations to do so much more with your life? To have so much more? To become so much more? To use your money to make money?  Well Robert Kiyosaki and I have an answer for you.  I pulled Robert’s answer from his latest book “The Business of the 21st Century“.

First, you are so right in the realization that your job, with its insecurity, its income being taxed at the highest rates and its lack of tax deductions, will not create the financial freedom that you are looking for.  We all can now certainly see the insecurity in the job market.  We can all watch and experience the increase in the unemployment rate.  As an employee, your destiny is determined by people who you have no control over, and your personal situation and needs are the farthest from the minds of those that make the decision.

In regards to the tax rates that apply to the earned income you receive from your employment, the tax rate is not limited in any way for this type of income like it is for capital gains or passive income types.  Therefore, if your earned income is significant in amount, it will be taxed in the highest tax bracket which is currently set to be 35% in 2010 and 39.6% in 2011.  Does Uncle Sam deserve that much of your hard earned money? Read more…

Yes, it’s true, I was on the phone with our financial idol, Robert Kiyosaki! (our dog is named Kiyo, if that gives you any idea how significant Robert’s teachings have been to us!) OK, I suppose you want to know how it happened. Here it is. Myself and 3,000 other network marketers for our primary business were on the phone as Robert and his wife Kim were the guest speakers on one of our team conference call Sunday night. Did I care that I had to share his wisdom and the sound of his live voice with 3,000 other people? No way! I was so happy that so many of us could have such a fantastic experience, receiving personal guidance from the financial master.

And guess what else was even better! Robert (yes, I feel I can call him by his first name now since he spoke to me on the phone!) was specifically endorsing our primary business! We feel so honored and privileged to have chosen one of the very few, if any, network marketing businesses that is endorsed by the man who gave us the courage and sound financial principles to change our lives through network marketing. We couldn’t be happier or feel more confident in our decision!

Ok, now let’s get into the specifics of what Robert and Kim Kiyosaki said Read more…

Yes, Bill Gates used more than his own abilities to reach his incredible success. In actuality, Bill Gates used several opportunities that allowed him to succeed.

Before we continue, we have to give full credit to Malcolm Gladwell and his book The Outliers – The Story of Success. This post is based on a portion of what we’ve learned from Gladwell.

We’re sure that you’ll agree with Gladwell that Bill Gates is an Outlier. The term “outlier” is a scientific phenomenon that lies outside normal everyday experience. Individuals who are so successful that their story demands a more complete explanation are “outliers” .

Now let’s list some of the opportunities that came Gates way that he took full advantage of:

1. His parents were well off. So when Gates was bored in public school his parents could afford to put him in a private school called Lakeside.

2. The moms of the Lakeside students chose to spend their annual rummage sale proceeds on the school’s first computer terminal (this state of the art computer terminal allowed for real time programming using time sharing) in 1968. In fact, this opportunity was so monumental because Lakeside was the only non-university school to have a terminal computer which was linked to a mainframe in Seattle. Gates found his love of computers and programming when he first sat down in front of the terminal.

3. Lakeside moms to the rescue again. Read more…

Did you like the first four steps to Become the Richest person in your city from George Clason in The Richest Man in Babylon?  I hope you did because there are more steps to create wealth that are still as applicable today as in ancient times.

As you may recall, here are the prerequisite and steps one to four:
(Feel free to refer to the post How to Become the Richest Man or Woman in Your City for more detail on the prerequisite and Steps 1 – 4)

The Prerequisite – A burning desire to create wealth along with the willingness to take the required action steps.

Step 1 – Start your wallet or purse to fattening by with 10% of your earnings that is yours to keep.

Step 2 – Control your expenditures to live comfortably on the remaining 90%.

Step 3 – Make your gold (money) multiply by investing the 10%.

Step 4 – Guard your treasures (money) from loss.

Now let’s learn the details of steps five through Read more…

Jim Rohn had repeatedly recommended the book “The Richest Man in Babylon” by George Clason, written in 1926.  I can now say that I have read it and I’m so glad I did.  In one of Jim’s many audios, Challenge to Succeed, he says that only 3% of his audiences every go out and get the book and read it.  When I heard his comment again recently, I decided to join the 3% crowd by getting the book (a used one at a great price) and reading it.  It’s not a long book and its fun to read since it is written in the way they would have spoken in ancient times in Babylon.

Today I want to let you know the initial steps that were used by the Richest Man in Babylon that allowed him to become so very rich.  First though, I need to mention the prerequisite that I did not mention in my video.  That all important prerequisite is to have a burning desire to become rich and wealthy.  Without that, any set of steps will fail because the desire is not strong enough. That strong desire will make you seek out the knowledge and take the required actions.

The Richest Man in Babylon’s first step to wealth began Read more…

It sounds like a strange question, but do you know where you are going? Have you made any decisions for yourself in the areas of personal development, finances/wealth, health, relationships, spirituality and lifestyle?

What kind of person do you want to be? How much money do you want to make? What priority will you give to taking care of your health? What kind of relationship do you want with your mate and your family? Etc…

If the answers to these questions are No, then are you going anywhere? Read more…