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…

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…

Today I was at one of our business locations when I thought of this topic. Picture this; there was a group of young elementary students on a field trip at The Pier in St. Petersburg Florida. While getting ready for their trolley ride, I heard one of the group leaders yelling at the children and telling them to get in an orderly line and be quiet until the trolley gets there. Either DO IT or we’re not going on the trolley. And guess what, the children all got in line and quieted down. Why? Because they wanted something and unless they did what they were told, they thought that they might not be able to do it.

Using threats or other ways of persuasion has almost always been a factor in most of our lives for years. As a matter of fact, did you know that an average child growing up is told the word “NO” approximately 40,000 times compared to the word “YES” at only about 5,000 times? No wonder so many people struggle to become financially successful. We have been programmed to think that we cannot achieve certain things throughout our entire lives. Unless you overcome all this negativity, you will become like most of the masses just getting by. Read more…

Don’t we all love to play board games? How about a game that everyone will love because it teaches you how to create riches and a steady cash flow? The financial literacy who acquire not only helps you to win the game, but gives you the skills you can use in your real life to secure your own financial freedom.
No, it’s not Monopoly, but you could actually call it Monopoly on Steroids. The games real name is Cash Flow 101 and it was created by our favorite financial-freedom author, Robert Kiyosaki.

As we learned by reading Rich Dad Poor Dad, we all start in the “Rat Race”. The “Rat Race” is the never ending loop created when you only work for money. Unless you know that there is a fast track to riches just outside the rat race, we’ll all remain in the rat race and never experience true financial independence and freedom which comes when you make your money work for you.

Sadly most of us don’t even know we are stuck in the rat race. As Robert and his Rich Dad explained to him, strictly working a job (working for money) never provides true wealth and riches regardless of how many raises you receive. When we lack financial literacy, with each raise we are taxed at a higher rate and we buy liabilities rather than investment assets with our increased salary. 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 is no doubt that Robert Kiyosaki is one of the brightest people when it comes to understanding financial situations. Robert has created fortunes from nothing, is a Best Selling Author and is well respected for his knowledge by people like Donald Trump and many more… We have gained a lot of wisdom over the years from his teachings and we hope you have as well. If not, we would hope you find the following information enticing enough that you will continue your search for additional knowledge (“KNOWLEDGE: The NEW MONEY” – Rich Dad.)

Now let’s talk about this Conspiracy Theory.

For More Great Information & Videos by Robert and Donald Read more…

Did you know that the average American works approximately “5 Months” just to pay their taxes? Plus, did you know that when you start your own home-based business, you could save an incredible amount in taxes over the course of a year?

As promised in this video, the current Business Mileage Rate for 2010 is $.50/mile.

Let us take a look at how the Rich save on paying taxes vs. the Poor and Middle Class.

• The Rich own companies/corporations and other businesses which are assets.
• The Rich spend their money through these entities first to buy more assets and then they’re taxed by the government on whatever money is left over. Then buy liabilities.
• The Poor and Middle Class mostly own liabilities and very little in assets.
• The Poor and Middle Class are taxed by the government FIRST and then spend whatever money is left over.

Do you see the major difference here? Read more…