8 REAL Things Poor People Do That The Rich Don’t

Internet is filled with videos, Articles and books such as 10 things poor people do that the rich don’t or 15 things rich people do that the poor don’t or something along those lines. Many of them are quite interesting and are fun to read or watch but they don’t really explain the difference.
DO you really think that the difference between the rich and poor is that, poor people watch TV while the Rich don’t or rich people shower more often compare to the poor? Neither do I, if you suddenly start showering more often or watching less TV, you are not going to get rich because the real difference is in the mentality, in the way, the play the game of money. And in this Post, we are going to take a look at 8 things that poor people do that are keeping them poor.

Number 1, Poor People Play Defense. If you were to play any game strictly on defense, what are the chances of you winning that game? Extremely low or none, right? And yet, most people play the game of money exactly like that. Their primary goal is not to win or to be at the top but rather not to lose. They just want to pay all the bills and stay out of the debt. The problem with this strategy is that when your goal is too simply to be above the water, that's maximum what you will get. Of course, some people are little better than that, they save 10 percent of their income, invest it in the stock market and just hope that the stock market doesn’t collapse so that when they get old, they will have something to rely on. But until then, they will be locked into the comfort zone of a small paycheck! There is absolutely nothing wrong with that, but if your goal is to simply pay the bills, you will just stay wherever you are. If you want to create real wealth, you should stop playing defense and start playing offense and shoot for the stars. As a wise man once said: “If you shoot for the stars, you’ll at least hit the moon.”

Number 2, Next, Poor People Do Not Value Freedom When I say freedom, I do not mean living in a democracy or not. Freedom means living the life that you want, and not the one that someone else wants you to live, doing what you want, how you want and where you want! That's why you find a lot of people say: Money isn’t important! Don't make your life all about money! Or the most famous of them: Money is the root of all evils! And yet you find those people working all of their life from morning till evening for some pennies just to keep the bill collectors away from their house. Doing the job that they wish they can quite, not only because they hate the job, but they also probably hate their boss! And if they had the opportunity, they would quit that job. That's why money equals freedom! So, how do you expect yourself to chase money if you look at it as something negative? Rich people keep getting richer because it gives them more and more freedom to do with their lives what they want.

Number 3, Poor people work hard for their money It sounds a bit controversial, aren’t you suppose to work hard for your money. Let me explain. What do most people do if they want to make more money? They work harder to get promoted and if that’s not enough, they might consider working overtime or getting a second job.  The problem with this is that, no matter how much you are paid, at the end of the day, your time is limited. And rich people perfectly understand that, so instead of working hard for their money, they let their money work hard for them.  They look at money as a tool that can earn them even more money and not simply a piece of paper they can use to buy what they want like most people treat money. Of course, first you probably will have to work hard for the money, but it's temporary for the rich while it's permanent for the poor. Once you make enough where your money can replace you, you will have more freedom!
Number 4, Poor People Focus On Obstacles One of my friends wants to start a chain of restaurants. In fact, he has been telling me that for the last 3 or 4 years but every time I ask him why he hasn’t started yet, he typical response, I don’t have the money and I don’t want to get into debt. And that’s the problem. Poor people are constantly looking for something to go wrong. In these 4 years, he could have found an investor or at least saved up enough to start. He hasn’t even studied the market, he doesn’t even have a plan. He believes that if he gets the money, the rest will somehow magically happens. But what will end up happening is that, he will just come across another obstacle. It doesn’t matter what business you want to get in, there will always be obstacles, there are millions of things that could go wrong. And if you are like my friend who isn’t doing anything but complains how difficult it is, you are probably in the same dark financial position that he is. Some people are even on a different level, even if they have the money and all the essentials, they will say things such as: What if it doesn’t work? What if people are going to know that I have failed! For God's sake, no one cares about that.
Number 5, Poor people chose to be paid based on time How often do you hear people say, I deserve to be paid 50 bucks an hour or 60 bucks. I have a degree from such and such school, I work harder than any else, I am smarter or more talented. You know what! No one gives a damn, Would you watch this video because I have spent so and so hour creating it? What matters at the end of the day is how much value you can deliver. You might be working harder than Jeff Bezos, but Bezos will be making 4.5 million dollars an hour and you won’t because while you are complaining, his company is providing value to millions of people all around the globe.
Number 6, Poor People resent rich and successful people The other day, I was watching an interview with a successful and quite famous entrepreneur. Then, I scrolled down to read some of the comments and a lot of people were like. This douchbag doesn’t deserve to be on this channel, he is a scumbag. And it really freaked me out, the guy worked hard to be in that position, Even if he has inherited some of his wealth, he is probably much more disciplined than you. Some people seem to have some kind of moral obligation to hate the top 1 percent or certain rich families. Here is a life hack! instead of hating them, how about you join them!
Number 7, poor people think they know everything this is the most ridiculers’ one. What do people do when they face financial problems? They complain about it, there are bazillion number of things you can blame, starting from politicians that run the country and ending it with your boss. But if you tell him to pick up a book and learn even the basics of money management. He will tell you, this is my money and I know how to take care of it, well, if you have figured everything out, why on earth you are always broke. And then they will give you even more excuses. And it's not only about money. But everything else. Haven’t you realized when people get into an argument, they try to prove that they are right, even if they are not, instead of trying to learn? And to be honest, I have had this mentality back when I was a teenager, I was quite stubborn. But then I realized that, If I keep going like this, I am never going to grow, So I stopped acting like I know everything, and start paying attention to my flows and How can I fix them.
Number 8, Poor People Mismanage their money knowing how to manage money isn’t something you are born with, but rather you have to learn. Just because you are making money, doesn’t mean you know how to manage it properly. People think that if they start managing their money, it will restrict their freedom. They don’t want to stick to a certain budget or think hard before buying something. They finally got the paycheck and they want to enjoy it. But the truth is, if you don’t manage your money, you will never achieve financial independence and that short term feeling of mindless satisfaction isn’t real freedom.  And secondly, people think that you need to make a lot of money to manage it. Trust me, it gets way more difficult than you think and if you can’t even handle your paycheck properly, do you think you can manage 10 times that amount? By now, you probably have already realized that what makes poor people really poor is a poor mentality and not having money is one of the consequences of that. The good news is that you can change your mentality.

 That doesn’t you mean, the next day you will be sitting on a pile of cash. No, but slowly, you will start looking at things differently, you will start thinking differently and instead of complaining, you will start taking advantage of all the opportunities that you are coming across and over time, you will improve your financial situation. A wise man once said: the best way to help the poor is not to become one of them. This Article is based on a book Secrets of the Millionaire Mind by Harv Eker. It's an amazing book, I would recommend Everyone

Why The Rich End up Poor But The Wealthy Enjoy Life

Why The Rich End up Poor But The Wealthy Enjoy Life

In 1997 Robert Kiyosaki published a personal finance book called Rich Dad Poor Dad. The book instantly became a phenomenal success and in no time catapulted Kiyosaki to the world of fame. In one of his books he mentions that there is a disparity between being rich and being wealthy and he went on and said something surprising that the rich have lots of money but the wealthy don't worry about money. And I found this very interesting because I've always thought that the two go hand in glove that if you're rich then you're also wealthy and that if you're wealthy then you're probably living a very comfortable life. But this isn't always true, when I think about someone who's rich, I think about someone with a lot of money and I typically think about someone who's quite showy with their money.

They drive fancy cars and live in a fancy house they wear fancy clothes and eat at fancy restaurants. Growing up I wanted to be rich, I wanted to own a big house, live in a fancy neighbourhood, drive a luxury car and buy expensive clothes, I wanted to sit in the best seats at sporting events and travel the world any time I wished. Heck I wanted to go to Mars and I've got to be honest some of those things still sound good to me now.
Kiyosaki said the rich have lots of money but the wealthy don't worry about money. I thought about this for a while, the wealthy don't worry about money. Growing up I've lived in a relatively financially stable family, we're not rich but we're not poor either we're middle-class if you will. Both my parents work nine to five jobs and they work really hard to provide for me and my siblings somehow they've managed to pay for mine in my siblings tuition while at the same time making sure we have food to eat and a roof over our heads. I can't say things have always been rosy there have been months where money was a serious concern and we weren't sure whether they would manage to pay for all our tuition, bills, and expenses. I watched my parents struggle and I didn't ever want to live a life like that and when I read that statement the wealthy don't worry about money.

I thought to myself well that must be a really nice thing to have. Imagine never having to ever worry about money, who wouldn't want that? I want to be wealthy and rich so I decided to do a bit of digging to try and find out the difference you see having lots of money is nice and all but I believe not ever having to worry about money is even better. So after a bit of research this is what I found out and I think this might surprise you a lot. There actually is a difference between being rich and being wealthy. The simple difference between a rich person and a wealthy person is that a wealthy person has sustainable wealth, in other words a wealthy person will always be wealthy. Whereas someone who is merely rich will only be rich for a short period of time until the money runs out. I'm sure a lot of you have heard stories of rich actors, celebrities, professional athletes and so on who were once living fancy lifestyles with big houses, nice cars, expensive clothes and vacationing all over the world, but are now on the verge of financial bankruptcy because of poor financial skills and trying to sustain this kind of lifestyle for many years.

You've heard of the lottery winner who went to bed one night in debt and woke up the next day an instant millionaire, but due to poor financial management, ends back up where they started or in an even worse situation. So let's use Lucas as an example, Lucas is a surgeon with an annual income of $310,000 most of this income is earned from his work with only 5% coming from some investments a couple of his colleagues enticed him to invest in. By all accounts and standards, Lucas is a rich man, he has a big house, he's living in a good neighborhood, he has two luxury cars, one for himself and the other he bought for his wife. His children go to good private schools and he has membership in the local Country Club. So clearly Lucas has lots of money at his disposal, so he uses this money to make sure he fits in and looks the part of a respectable surgeon in society, obviously Lucas has expenses, as does every other person, he has a mortgage to pay, he has transportation costs, he has to feed his young family, he has to pay health insurance, he has to pay taxes, he has to put aside money for his kid's college fund and he has to buy another expensive anniversary gift this year. Did I mention the annual vacation he takes with his family? When you subtract these expenditures from his annual income, then remove the savings and the little investments he makes here and there, Lucas is not left with much. In total Lucas spends about $21,500 every month on expenditures and he has savings amounting to $43,500 in his bank account. And so since wealth is defined as the status of an individual's financial resources to sustain the individual's way of living, for a long period of time even if the individual stops working.

In essence, this is money coming in on a consistent basis that's able to sustain your current standard of living for many years. This means that should Lucas lose his job today together with all the benefits accruing from it, Lucas should be able to feed his family for only two months. After which he'll immediately need to find an alternative source of income. Lucas is rich, he's not wealthy. Now let's look at an example of a wealthy person. Kiyosaki said that while the rich have lots of money the wealthy don't really have to worry about money. Let's look at Bill Gates. Bill Gates is one of the richest men in the world he's a business magnate, an investor, a philanthropist, a humanitarian and an author. As of early 2018, Bill Gates was worth a mammoth $97.4 Billion Dollars. It's estimated that every second, Bill Gates earns about one hundred and thirty dollars, which translates to around $78,000 every minute. This is to say that in an hour bill makes more money than Lucas earns after a whole year of working, yet Lucas is considered rich. Being wealthy is essentially being financially free.

This means that you don't live paycheck to paycheck and you don't necessarily need to make any more money over a long period of time, because you have enough money saved or passive income flowing in from your assets and investments to maintain your current lifestyle for the rest of your life. Bill Gates doesn't actively work for the $135 that he made this second or the almost $78,000 he will learn by the end of this video. This is passive income that he gets in his sleep when he is playing golf and when he is giving away four billion dollars annually to cause us that he cares about. Wealth is sustainable richness, basically a rich person who never runs out of money. If Lucas quits his job today, he will most likely get bumped into the middle-class. If Bill Gates decided to retire today and become a sedentary person who eats sleeps and eats again, he could maintain his current lifestyle for the next 213 years. But you don't necessarily need to have gates kind of money, or own a large business like Microsoft. As long as you have income flowing in that you're not directly working for, such that if you were to stop working today but you can still maintain your current standard of living, then you are considered wealthy.

Usually when you think of a rich person, you think of someone who buys both their wants and their needs. You know the $5,000 suit, the $3,000 watch, a luxury imported car, usually German made. The big house on the beach and so on. Just because someone exhibits these "Rich behavior’s" it doesn't mean that they have their personal finances in order, sometimes these people you consider rich are actually living paycheck to paycheck or drowning in debt. Many people who say I want to be rich aren't actually looking for financial security, what they want is the social status and prestige they associate with a million dollars Club. So now I pose this question to you, do you want to be rich or do you want to be wealthy? and if so how?

8 Things Poor People Do That Rich People DON'T

By: John Crestani

One of the main differences between poor people and rich people is the way they think. Yes, that's the foundation of everything different between those two types of people. In light of that, what are the different aspects of this "poor person mentality" that need to be changed in order to think like the rich? In today's episode, I'm going to break it down for you, check it out.

Differences between the poor and the rich

1 - React to others / Make others react to them

2 - Give advice / Listen to advice

3 - Watch / Read

4 - Trade time for money / Trade results for money

5 - Saving / Earning

6 - Evil / Good

7 - Blame others / Responsibility

8 - Lottery / Action Mentality

Hey, I'm John Crestani, I'm an entrepreneur. And in this Article, I'm going to go over the 8 key differences between poor and rich people in terms of their mentality which is the most important thing that you can have. if you want to become successful. Keep reading and I'm going to explain all of the key differences to help you on that path to success if you're with me. Money ain't that bad, right? Well, unfortunately there are a lot of people who think it is. And in this Article, I'm going to go over the mindset differences the poor versus the rich. But it's important for you to understand and I don't say this to brag. But I've made tens of millions of dollars in my business. And I earn in the top 1% of people in the United States for years. I became a millionaire in my 20s. And I run a business that does roughly seven million dollars per year without any employees. 

So, I say that not to impress you but to speak hope you understand that I'm speaking from a place of some experience. Not as much as most. And not where I want to be. But hopefully I can convey a little bit of information to you about the differences between poor versus rich that you may not be learning in colleges. And obviously money ain't that bad so let's not get too caught up in it. Let's get our minds straight. 

Now, first thing to understand is poor people react. Poor people react to the notifications on their phone. Poor people react to the requests of others. Reacting to others will leave you in a cycle where you never fully define yourself. Rich people make others react to them. So, that's the important thing to understand between these 2. Now, for me, I realized that this was causing me to... It was taking up a lot of my time. And I actually turned off all notifications on my phone. I deleted social media apps from my phone. I get a text message, nothing happens. That little light, it doesn't blink. The buzzer, it never goes off. When that somebody calls me, it never rings. When somebody calls me, that blinky light never lights up because I've made it so that I am never reacting to others. Others only react to me. And when I need to check my text messages or my emails, I go on my phone when I choose. As opposed to others telling me where my mind should go. 

The next key distinction between poor verse rich mentality is that poor people give advice. You may have heard of the old dodge. We have two ears and one mouth. And that holds true for anything in life. You should be always be a better listener than you are an advice giver. Whenever I'm around people, I ask questions. Whenever I go in a lift cab or an uber, I sit in the front seat and I asked that person about what is the local economy like. What is your culture like? What is the country are from like? I ask a million questions but I never offer advice. That's how you train your brain. That's how you learn. Giving advice doesn't serve you. 

So, the next thing to understand is poor people watch. Whereas wealthy people read. I don't know how to explain this other than. You're going to get more knowledge from books. Watching TV and doing passive kind of passive kind of entertainment methods or outlets is not a way to train your brain to learn more. It's not a way to train your imagination to think of creative or original thoughts. Watching just allows you to experience life vicariously. Whereas reading allows you to create, you know, it forces your imagination to open up. It forces your mind to think on a higher level whereas the TV forces you to tune down and turn down your energy. Have you ever tried to talk to somebody who's been watching TV for an hour? And they're like this and you try to say something to them but they don't hear you? It's because your brain literally shuts down while you're watching screens or movies. You can't process things. You're literally dumbing yourself down for a while. Instead of forcing yourself to think up by reading books. I read a lot of books. I read a lot of science fiction books. I read a lot of business books to always learn more. And read a lot of relationship books to help my relationship too. 

The next thing to understand about poor versus rich is that poor people trade time for money. Whereas rich people trade results for money. Now, Elon Musk for instance will get paid 2.3 billion dollars over the next couple of years not because he was paid a high hourly wage. Not because who's paid him high monthly salary. It is because his stock goes up. Because he sold more Tesla's than his stockholders thought he would. I don't make my money because I charge people a high hourly wage to hire me to do marketing for them. I make my money because I get results for companies. I make more sales for them, I send them more customers and they pay me more commissions for my marketing efforts. A normal company wouldn't pay somebody $1,000 an hour but that's what I make on average a day, a normal company. But they will pay me to bring them results. If I create for them sixteen thousand dollars a day worth of business, they will happily pay me half of that because I created that and I can also turn it off for them at any point if I wish to. Have you ever heard the old of Dodge a penny saved, is a penny earned. It's still a freaking penny. And you're not going to make money if you're focused on saving every single penny or nickel or dime that you make. That's a good way to stay poor. A good way to become rich is to earn. To focus on earning rather than saving. And frankly, when you don't have to worry about saving every dime, life is a lot more fun and you get a lot more freedom to do the things that you like. Now, I shoot this money gun up because... Well, first off, it's fun. But it also is to show you that a lot of people will hate on this. A lot of people think that this is crude. And you shouldn't treat money like fat, frankly. But the difference between poor versus rich mentality is that poor people think money is evil. That it's not good to have too much money. That you shouldn't put it in people's faces or you shouldn't do fancy things. You shouldn't buy a Lamborghini. Don't tell people about that yacht. Don't go on expensive trips in other people's faces. Money is not evil. 

Rich people think money is actually the source of good. And when you have money, you're able to actually do better things. Whether that's... You know, for me it's being able to hire a nanny. You know, being able to hire doulas for my wife. Being able to have a nice house for my family. Being able to buy a horse for my daughter. Being able to build a horse trail in our backyard. You know for me and my daughter to ride horses on, etc. I believe money's great because it solves a lot of problems. And I believe it can solve a lot of problems for other people as well. I help a lot of people that are in my inner circle and a lot of people benefit. And I've made my students highly successful by being able to create innovate better and better training programs for them. 

The next thing to understand is that poor people blame others. When something goes wrong, when the finances are bad, when the you know, there's not you know, there's not enough work, right? Or "My boss is an asshole." Or you know... "Business is bad. The economy's bad. Trump's killing our economy." Whatever it is, it's always outside of yourself. It's never your fault. Nothing's ever your fault. Your relationship, it's not your fault that you have a bad relationship. It's her fault or it's his fault, right? Can't be your fault? You were late. You weren't late because it was your fault. You were late because there was traffic, right? And that traffic made you late. How many people here have used the traffic excuse? And if you have used the traffic excuse, just say "guilty" okay? In the comments, just go down there and write guilty. If you've ever blamed the reason you were late on traffic. It wasn't traffic. You didn't plan correctly. So, if you understand what I'm saying, type in guilty in the comments below. And frankly, if you are guilty of any of these things, type in "guilty". 

Now, the last key difference between the poor and the rich mentality. It's the lottery versus the action mentality. Now, what this mentality is. is that something good is going to happen to you. Eventually you will find that thing. Eventually you will come across that secret way to make money trading stocks or you'll figure out that secret real estate method. Or you'll come across the right internet guru and he will have the magical system which will make everything all right and he'll show you exactly how to step by step make money online. Now, the fact of the matter is if you have a lottery mentality, no matter which teacher you decide to follow, whether it's in YouTube or life or no matter what boss you decide to work for, you are going to severely limit yourself as chances at becoming rich. Whereas if you take the action mentality to life, you can become wealthy. 

Now, I want you to imagine for a second that you are completely in control of your life. That anything you wish for can happen. Then anything you imagine that you want where you want to be you can have. But in order to have everything you want, you need to take full responsibility for everything that goes on in your life. Is your relationship where you want it to be? It's your fault. Or your finances where you want them to be? It's your fault. And is your health exactly where you want it to be? It's your fault. Now, you are completely in control of your life. And you can have whatever it is you want. But to do so, you're going to have to take control and realize that all of these things --your relationship, your finances, your health are your fault. And that's not an easy pill to swallow. It isn't. Really isn't. But it is. And once you realize that, then you're in control. Because now, you are the responsible one. And for those of you willing to play along with me and take responsibility, I encourage you let's look at this list again. Do you react to others? Others being your phone, your notifications, your messages, your texts, your whatsapp, your Facebook notifications. 

You ever spend more time giving advice than asking questions? Do you ever watch more than you read? Do you ever... Do you trade your time for money rather than trading your results for money? Do you focus on saving rather than earning? Now, if you're willing to play along, type in the comments if one of those apply to you. Type in "guilty". Then after guilty type in "I...." Whatever you commit to. "I commit to not reacting to my phone" Or 'I commit to taking more action or reading more". Whatever speaks to you the most. Commit to something. Taking responsibility. Whatever speaks to you the most. Commit to something and write it down. And put it out there in the comments for others to see because it makes it more real. Now, I hope this Article has helped you. And hopefully a little way. Because you know, as a teacher and as an entrepreneur and as a marketer, I feel it's my duty to help others grow as well and learn the same lessons I've learned. And if this has helped you in any way, I encourage you share this Article with somebody else. Share this Article on your newsfeed or your Twitter or your Instagram or whatever that may be. And subscribe to my blog if you'd like to read more articles. I go over lots of different ways that you know, tactics and strategies that you can do marketing or living or being entrepreneur like I have. And give this article a big like. And look forward to hopefully seeing you commit to something new in the comments. Talk to you soon.  

This Is Why You Don't Succeed - Simon Sinek on The Millennial Generation

This Is Why You Don't Succeed - Simon Sinek on The Millennial Generation

I have yet to give a speech or have a meeting where somebody doesn't ask me the Millennial question. What's the millennial question? 
Apparently Millennial’s as a generation which is a group of people who were born approximately in 1984 and after are tough to manage and they're accused of being entitled and narcissistic self-interested, unfocused, lazy but entitled is the big one and because they confound leadership. So much what's happening as leaders are asking the Millennial’s what do you want? and Millennials are saying we want to work in a place with purpose, love that we want make an impact. You know whatever that means we want free food and bean bags and so somebody articulates some sort of purpose. There's lots of free food and there's bean bags and yet for some reason they are still not happy and that's because they're missing this. There's a missing piece what I've learned is that. There I can break it down into four pieces right there are four.
Four things, four characteristics one is parenting, the other one is technology, third is impatience and the fourth is environment. The generation that we call the Millennials too many of them grew up subject to not my words failed parenting strategies where for example they were told that they were special all the time. They were told that, they have anything they want in life just because they want it some of them got into honors classes not because they deserved it but because their parents complained and some of them got “A” is not because they earned them but because the teachers didn't want to do with the parents.
Some kids got participation medals, you got a medal for coming in last right which the science we know is pretty clear which is it devalues the medal and the reward for those who actually work hard and that actually makes the person who comes in last to feel embarrassed because they know they didn't deserve it. So that makes them feel worse right, so you take this group of people and they graduate school and they get a job and they're thrust into an it into the real world and in an instant they find out they're not special their moms can't get them a promotion. That you get nothing for coming in last and by the way you can't just have it cuz you want it and in an instant their entire self-image is shattered and so you have an entire generation that's growing up with lower self-esteem than previous generations.
The other problem to compound, it is we're growing up in a Facebook, Instagram world in other words. We're good at putting filters on things. We're good at showing people that life is amazing even though I'm depressed and so everybody sounds tough and everybody sounds like they got it all figure it out and the reality is there's very little toughness and most people don't have it figure it out and so when the more senior people say well what we do, they sound like this is what you got it in and they have no clue, so you have an entire generation growing up with lower self-esteem than previous generations right through no fault of their own through no fault of their own right they were dealt a bad hand now let's add in technology.
We know that engagement with social media and our cell phones releases a chemical called dopamine. That's why when you get a text it feels good, all right so you know we've all had it where you're feeling a little bit down or feeling a bit lonely and so you send out ten texts to ten friends you know, Hi! Hi! Hi! Hi! Hi! cuz it feels good. when you get a response it's why we count the likes, it's why we go back ten times to see if and if it's going, if our mints and my Instagram is growing slower and what I did I do something wrong, do they don't like me anymore, right the trauma for young kids to be unfriended right because we know when you get it you get a hit a dopamine which feels good. It's why we like it. It's why we keep going back to it. Dopamine is the exact same chemical that makes us feel good, when we smoke when we drink and when we gamble in other words. It's highly! highly addictive right. We have age restrictions on smoking gambling and alcohol and we have no age restrictions on social media and cell phones which is the equivalent of opening up the liquor cabinet and saying to our teenagers.
Hey by the way this adolescence thing if it gets you down but that's basically what's happening, that's basically what's happening right that's basically what happened. You have an entire generation that has access to an addictive numbing to chemical called dopamine, through social media and cellphones as they're going through the high stress of adolescence. Why is this important almost every alcoholic discovered alcohol when they were teenagers. When we're very young the only approval we need is the approval of our parents and as we go through adolescence we make this transition where we now need the approval of our peers very frustrating for our parents very important for us that allows us to acculturate outside of our immediate families into the broader tribe right it's a highly, highly stressful and anxious period of our lives and we're supposed to learn to rely on our friends.
Some people quite by accident discover alcohol and numbing effects of dopamine them cope with the stresses and anxieties of adolescence unfortunately that becomes hardwired in their brains and for the rest of their lives. When they suffer significant stress they will not turn into a person they will turn to the bottle.
Social stress, financial stress and career stress that's pretty much the primary reasons, why an alcoholic drinks. what's happening is because we're out allowing unfettered access to these dopamine producing devices and media. Basically it's becoming hardwired and what we're seeing is as they grow older too many kids don't know how to form deep meaningful relationships. Their words not mine they will admit that many of their friendships are superficial. They will admit that their friends that they don't count on their friends they don't rely on their friends they have fun with their friends but they also know that their friends will cancel out them that something better comes along. Deep meaningful relationships are not there because they never practice the skill set and worse they don't have the coping mechanisms to deal with stress so when significant stress starts to show up in their lives. They're not turning to a person, they're turning to a device, they're turning to social media, they're turning to these things which offer temporary relief.
We know the science is clear. We know that people who spend more time on Facebook so far higher rates of depression than people spend less time on Facebook. These things balanced alcohol is not bad too much alcohol is bad gambling is fun too much gambling is dangerous. There's nothing wrong with social media and cell phones, it's the imbalance if you're sitting at dinner with your friends and you're texting somebody who's not there that's a problem that's an addiction. if you're sitting in a meeting with people you're supposed to be listening to and speaking and you put your phone on the table face up or face down I don't care that sends a subconscious message to the room and you're not just, you're just not that important to me right now, right! that's what happens and the fact that you cannot put it away is because you are addicted, right! if you wake up and you check your phone before you say good morning to your girlfriend, boyfriend or spouse you have an addiction and like all addiction in time it will destroy relationships it'll cost time and it'll cost money and it'll make your life worse so you have a generation growing up with lower self-esteem that doesn't have the coping mechanisms to do with stress and stress now you add in the sense of impatience. 
They've grown up in a world of instant gratification you want to buy something you go on Amazon. It arrives the next day, you want to watch a movie log on and watch a movie, you don't check the movie times, you want to watch your TV show binge you don't even have to wait week to week to week right I know people who skip seasons just so they can binge at the end of the season right instant gratification. You want to go on a date you don't even have to learn how to be like you don't even have to learn and practice that skill you don't have to be the uncomfortable into insists is yes when you mean known says no when you mean no mean yes when you. You have to swipe right think I'm a stud right. You don't have to learn the social coping mechanisms everything you want. You can have instantaneously everything you want instant gratification except job satisfaction and strength of relationships there aren’t no app for that. They are slow meandering uncomfortable messy processes and so I keep meeting these wonderful fantastic idealistic hard-working smart kids they just graduated school. They're in their entry-level job, I sit down with them when I go hasn't going they go I think I'm gonna quit they're like I'm not making an impact.
I'm like you've been here eight months it's as if they're standing at the foot of a mountain and they have this abstract concept called impact but they want to have in the world which is the summit. What they don't see is the mountain. I don't care if you go up the mountain quickly or slowly but there's still a mountain and so what this young generation needs to learn is patience. that some things that really, really matter like love or job fulfillment joy love of life self-confidence a skill set any of these things all of these things take time. Sometimes you can expedite pieces of it but the overall journey is arduous and long and difficult and if you don't ask for help and learn that skill set you will fall off the mountain or you will the worst case scenario the worst case scenario and we're already seeing it the worst case scenario is we're seeing increase in suicide rates we're seeing an increase in this generation we're seeing increase in accidental deaths due to drug overdoses. We're seeing more and more kids drop out of school or take leaves of absence due to depression unheard of these are this is really bad the best-case scenario. The bet those are all bad cases, right! The best case scenario is you'll have an entire population growing up and going through life and just never really finding joy.
It'll never really find deep, deep fulfillment and work or in life they'll just walk through life and it'll change just it's fine how's your job it's fine the same is yesterday how's your relationship it's fine like that’s. The best-case scenario which leads me to the fourth point which is environment. 
Which is we're taking this amazing group of young fantastic kids would just dealt a bad hand it's no fault of their own and we put them in corporate environments that care more about the numbers than they do about the kids. They care more about the short-term gains than the long-term life of this young human being. We care more about the year than the lifetime, right! and so we are putting them in corporate environments that aren't helping them build their confidence.
That aren't helping them learn the skills of cooperation that aren't helping them overcome the challenges of a digital world and finding more balance. That isn't helping them overcome the need to have instant gratification and teach them the joys and impact when the fulfillment you get from working hard over on something for a long time. That cannot be done in a month or even in a year and so we're thrusting to them. Them in corporate environments and the worst part about, it is they think it's them they blame themselves they can't they think it's them who can't deal and so it makes it all worse, it's not I'm here to tell them it's not them it's the corporations.
It's the corporate environments it's the total lack of good leadership in our world today that is making them feel the way they do. They would dealt a bad hand in it and I hate to say it but it's the company's responsibility sucks to be you like we have no choice, right! this is what we got and I wish that society and their parents did a better job they didn't so we're goanna we're getting them in our companies and we now have to pick up the slack we have to work extra hard to figure out the ways that we build their confidence. We have to work extra hard to find ways to teach them social. 
The social skills that they're missing out on there should be no cell phones and conference rooms none zero and I don't mean the kind of like sitting outside waiting to text. I mean like when you're sitting and waiting for a meeting to start nobody go this is what we all do. We all sit here and wait for the meeting to start meaning starting okay. When we start the meeting no that's not how relationships are formed remember we talked about it's the little things relationships were formed this way we're waiting for a meeting to start me go how's your dad? I heard he was in hospital! oh he's really good, thanks for asking! He's actually at home there it was really amazing. I know it was really scary for them that's how you form relationships hey did you ever get that report on oh my god no I didn't. I'll help you out I totally uh can I help you out with that really that's how trust forms. 
Trust doesn't form at an event in a day even bad times don't form trust immediately, it's the slow steady consistency and we have to create mechanisms where we allow for those little innocuous interactions to happen but when we allow cell phones and companies we just okay have a meeting and then my favorite is like when there's a cell phone there and you go like that you go it rings ago I'm not gonna answer that Mr. magnanimous. 
You know when you're out for dinner with your friends like. I do this with my friends, when we're going out for dinner and we're leaving together we'll leave our cellphones at home. Who are we calling maybe one of us will bring a phone in case we need to pull a new booth or take a picture of our meal ideal it's been about the same I mean it looked really good we'll take one phone and so it's like an alcoholic. The reason you take the alcohol out of the house sweet is because we cannot trust our willpower.

We're just not strong enough but when you remove the temptation it actually makes it a lot easier and so when you just say don't check your phone people literally will go like this and somebody will go to the bathroom and what's the first thing we do because I wouldn't want to look around the restaurant for a minute and a half but if you don't have the phone you just kind of enjoy the world and that's where ideas happen. The constant, constant, constant engagement is not where you have innovation and ideas, ideas happen when our minds wander and we go and you see something on can do that that's called innovation right but we're taking away all those little moments right you should not and none of us none of us should charge our phones by our beds we should be charging our phones in the living rooms right remove the temptation you wake up in the middle of night cuz you can't sleep you won't check your phone which makes it worse but if it's in the living room it's relaxed it's fine. Hiya! but it's my alarm clock fine alarm clock they cost $8 I'll buy you but the point is we now in industry whether we like it or not we don't get a choice we now have a responsibility to make up the shortfall and to help this amazing idealistic, fantastic generation build their countries learn patience learn the social skills find a better balance between life and technology because quite frankly it's. It’s the right thing to do. 

"You Will Never Be Poor Again" | START DOING THIS TODAY!!!

Speaker: Robert Kiyosaki                  Interviewer:  Brian Rose



                         They don't want what we know out there. They'll never get those on CNBC But our school system will never tell us it does their part of the posse Fake money, fake teachers, fake asset, fake future and stay back. I know the game of the rich, my rich dad taught me, You know it, because you're the banker , the bankers are the rich plays it’s different than what they teach you in school all over the world. 

What the school teach you about money? And the answer is nothing, and that's not a mistake that’s not an accident I knew that most people know that. The way to keep the poor and middle class working hard has never taught them what the rich know. So if you read “Rich Dad Poor Dad which came out in 1997.” It's, what the rich teach their kids about money the poor middle class do not, Poverty Hurts.

I mean, I don't like it And I don't like that our academic systems so corrupt, we know the banking system is corrupt. We know politics is corrupt but academics are just as corrupt.

I mean one thing if it's the banking and the politics but this is where we send our children and we trust them to do the right things for them and yet, they're being not taught something so fundamental. Like you asked your dad when you were a kid, Dad...you asked your teacher, When are you going to tell or teach us about money? And it was just…

Never! And they'll never will, you know something what do you know? Share it! What is financial education? It's not get a job, work hard, save money and invest in a well-diversified portfolio, Stocks, bonds, mutual funds and ATFs. The financial industry is two things, debt and taxes.

In 1971 Nixon took the dollar off the gold standard and the US dollar became debt and we still tell kids to go to school get a job, Work hard, save money and get out of debt. Now who tells them to do that? That's the most ridiculous thing.

The book starts and it says, line number 1: Saving money will make you rich.

Yah, it never will, you know that all. We were all taught that as kids. Why would you save it? And why would you work for it, if they can print it? And faster than you can work for it. Why do you keep saving when they're printing it? Rich don't work for money. Don't you touch that stuff?

[Interviewer]   It's very subtle. Yeah, they don't say I'm going to train you to be a worker bee the rest of your life. But they educate you in a way where that's what you come out,

Right!

What else, what was he trying to do those first few months when you were working for him? What was he trying to get across you? Because he taught you the hard way about money,

Let’s just say, if you’re going to be a successful in your lives, you’ve got to find the best teachers, and a great teacher is somebody who comes from the inside, not the outside But in school, you don't know if your instructor is for real or not. That's where the fake teacher comes from. I Said, I want you to teach me about money. So it was so why should I teach you? He said but it if I teach you work for me for free And I said why for free my dad my poor debt whatnots. He says is if I pay you, think like an employee. Your brains will your brain will change if you learn never to work for money, you'll be a rich man And this is powerful once you give someone a paycheck their brain turns off, right because it had been the promise of a pension Right and job security which is kind of a paycheck in disguise Correct After you stopped give the man a fish eats for the day, teach him to fish eats for a lifetime and most poor people confuse Assets and the liabilities. They think their home is an asset. It's actually a liability right an asset. Is a noun like a house? Cash flow is a verb, so to understand if it's an asset or liability. It takes a noun + verb.

So if the cash is flying out of your pocket, it's a liability. If the cash is flowing into your pocket has it burn? That's it. So I own 7,000 rental properties also assets every month the cash flows in. Where as many people have the big house of the hill and the cash is flowing out right now. They're going broke, right? It's like a frame of mind the other thing the poor don't understand is the number one expense for most people as taxes and Yet we don't even see it. Isn't that weird you walk around and you look at the paycheck and say oh! that doesn't seem right and you don't realize that. The government's got a huge hand in your pocket and you are doing nothing to minimize that again.

This is what was very different about the rich and the poor. The rich don't work for money is number one expensive tax See, there are three kinds of income earned portfolio passes. So earned income is if I get a job that's earned income if I'm a doctor or a programmer. That's burning because I'm working for if I buy US by pilots an apple for ten dollars I sent over 20, that's Portfolio income capital gains. Yeah But passive income which is cash flow. Is never taxed? That's all of these guys are screaming right now in America tax, too Rich as a good luck because most of the guys complaining they don't know the three kinds of income and the rich don't have jobs. Anyway, they have assets And so the average small out there poor guy, you know sent the kid to school. They don't learn this. You see very few people will buy what I do, Make a million dollars and pay zero tax and my rich dad taught me that playing Monopoly. That's how it started, you know for green houses one red hotel Or the McDonald's for me. I write about it McDonald's Ray Kroc. Yeah McDonald's is in the real estate business. So they sell hamburgers, but they buy real estates. They pay no taxes. You know this guy Bezos, but he's sixteen billion dollars. How much tax did append on 16 billion? And that's all legal, anyone can do it. It everybody could to put everyone most people lack the education. So once you learn how to use debt as money you can never say I can't afford it because the banks will give you, so the banks after the crash of 2008. The banks gave me 300 million dollars tax-free when they asked the average guys that can you, why don't you use a debt? 

They can't even get a loan because there are scores their FICO scores when only we have them here are so bad. The school teachers will never tell you about because they don't know, its my poor dad. Never knew that. You don't know if something as an asset a liability. Until you can see which way the cash flows. So a house is that it hasn't a liability well, if it's taking money from your pocket, it's liability. It's putting money in your pocket, it’s an asset. The US government wants me to provide housing, Wants me to provide jobs, and wants me to borrow money because that's how money is created through debt. I get huge tax breaks. Everybody can do the same thing if they had the financial education to do it. If people understood the tax code we'd be more prosperous but can poverty be passed through genetic. Yes, because it's some type of way of thinking it's an attitude. It's very simple when I wanted people ask you, How do I stop it? I just never say I can't afford it ask yourself, How can I the reason I have so much money is because I don't say I can't do it. I just got how can I do? And I guess one to it. I make a lot of mistakes But that's how I learned, how can I and poor people like my poured that always that I can't afford it. You think I'm made of money? I'm a school teacher. I can't do that and I picked that up and my rich dad never said those words. So when I make poor people that use the words, I can't a lot, So the people that said I can't afford it. I can't do this. I can't get to college the rich. Are you able them? I choose not to participate in that and that's one thing people could change today Right now is that dialog in their head to stop saying the word can't I can't right. 

So, how can how can I especially as in I can't afford it. How can I afford that because that opens them up to looking at it as an investment to a greater future? Right, you know when I borrowed three hundred million dollars, I couldn't do it when I told I went to ask And I got turned down so many times as a hill and every time I showed the back of my financials they go, Sorry, I said look do me a favor. Why did you turn me down? You tell me, your business out. The numbers are out here. So I get these numbers fixed. Can I come see you again? Because sure so it's called rejection same as my wife rejected me for six months. It's just a matter of personal willpower was a spiritual to signal if they can do it. I can do it and how can I, how can I, and I think it's you once said words become flesh. Yep. I was a Bible to Intelligence increases through your mistakes through the ups and downs of what you've learned Real Estate's, real estate what I learned made me enriches not the money. You don't need money to make money, you know, I think all of us every human being has at low point in their life and if they get the message a new life begins. 

If you don't get the message they keep going down. The richer I got was because I didn't need any money I could use this to make money, but how did I get there? So I made a lot of mistakes People are afraid of making mistakes and all those for fear of failing. So many people trapped in the same device.