Rich Dad Poor Dad | S5 – E48 | Lesson VIII | Steps to Develop Your Powers #6 Use Assets to Buy Luxuries

A friend’s child has been developing a nasty habit of burning a hole in his pocket. Just 16, he wanted his own car. The excuse: “All his friends’ parents gave their kids cars.” The child wanted to go into his savings and use it for a down payment. That was when his father called me and then came to see me.

“Do you think I should let him do it, or should I just buy him a car?”

I answered, “It might relieve the pressure in the short term, but what have you taught him in the long term? Can you use this desire to own a car and inspire your son to learn something?” Suddenly the lights went on, and he hurried home.

Two months later I ran into my friend again. “Does your son have his new car?” I asked.

“No, he doesn’t. But I gave him $3,000 for the car. I told him to use my money instead of his college money.”

“Well, that’s generous of you,” I said.
“Not really. The money came with a hitch.”

As I said earlier, if a person cannot master the power of self- discipline, it is best not to try to get rich. I say this because, although the process of developing cash flow from an asset column is easy in theory, what’s hard is the mental fortitude to direct money to the correct use. Due to external temptations, it is much easier in today’s consumer world to simply blow money out the expense column. With weak mental fortitude, that money flows into the paths of
least resistance. That is the cause of poverty and financial struggle.

Rich Dad Poor Dad

What’s your Why?

“No one had to eat out of Trash Cans!” – Eric Thomas

Everytime I hear that, it gives me goosebumps. Could you imagine eating out of trash cans, homeless (because you ran away because of endless lies) and other things that a homeless child would go through? Yes, bullying, depression, and suicidal thoughts…Eric Thomas experienced this, and his goal now is to help people overcome just about anything and everything.

His why? He felt the pain.

Being who I am today didn’t happen because I saw the light, it was because my back was against the wall and I hated myself because people taught me to hate myself. 2015 I said ENOUGH! I’m not going through this anymore! I’m going to create a platform to help others overcome themselves!

And score!

Not only that, but even creating a number of platforms that will help get my story out there and change lives in regards to not only personal development, but English language communication.

I now have my WHY. I now have my purpose.

And even thinking about The Arsenio Buck Foundation? The ultimate life-assignment of them all….boy, I can’t be grateful enough.

But this isn’t about me. It’s about you. I’m scared for a lot of people out there because they don’t know their why. They don’t know what makes them tick. They don’t know what wakes them up in the morning, and this is why I’m here to spread such a profound message and represent an idea for people to finally go after what is theirs in the universe.

What’s your why?

Podcast Through The Years

Man, I looked back on some photos over the past 1.5 years in my phone, and I couldn’t help but notice an amazing trend.  After the first six months of my podcast, I had only accumulated just under 1800 plays.  A year and a few months later, I’ve amassed a whopping 24k plays + downloads from so many different countries around the world.  Here are some photos and a podcast on my journey.

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MOST RECENT

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The trials and tribulations I had to endure on the way were insane.  At my job, during the month of July (when my plays sparked dramatically), the majority of the teachers were listening to my podcast to infer and implicate who I MAY have been talking about.  I got a lot of s*** for it, threatened, warned, and the teachers began to hate my guts (can’t handle the truth).  Teachers would walk by stepping on my shoe without apologizing, chatter on so many different levels about who I am and how come I have so much work – all this culminated into the biggest success EVER in the history of my life.  How? I never gave up!

Podcast

September – The Last Third of The Year. New Years Resolutions, Anyone?

Ahhh…the month of champions.  Going back to just a year ago….this was the month before a soon-to-be vacation in Bali, Indonesia.  Here in Thailand, this is the month when the climate begins to cool down.  This is when everything that has happened all year long begins to come into fruition.  The excitement, for whatever reason, is reverberating and I can’t even contain myself.  I’m like a 5 year old child on Christmas morning, although Christmas is months away and rarely do I celebrate it.

Perhaps it could be because I’m heading back to Phoenix, Arizona for the second time this year.  It could also be because I’ll be going on a snowboarding trip just after Christmas; staying in a log cabin while eating s’mores.  Yes, the end-of-the-year trip is looming, but that’s probably only 10% of my excitement.

Just being able to have another opportunity, and opportunities flow in one after another is just astounding.  Having my voice heard and my words read all around the world with my podcast and blog; becoming noticed by big time people while doing podcasts with influencers all over the world.  This is just so EXCITING for me!

At the dawn of this year, American websites and Americans in general were saying, “oh, my New Years Resolutions are…..”  It seems that THAT, is an after thought.  I shocked myself this year; in more ways than one, and the most amazing part about it is I’ve exceed not only the New Years Resolutions, but jumped probably 2 years ahead of my time.

What 2018 has in store is quite frankly resounding.  Tedx, Kazakhstan, Kyrgyzstan, Egypt, investments, retirement plans, ridiculous monthly salary, new career path, and so many other things.  I’ve created all of this excitement first in my head so I can hold it in my hand.

Those of you who are probably reading this should know something.  That something is….what do you really want in life? Do you think that life is suppose to be and mean getting a career, make a lot of money (or lack thereof) in a slave job, get married, grow old then leave the body temple? Is that what life is? Maybe for some people….but I love to side with the Dylan Thomas quote, “rage, rage against the dying of the light.”  I’m making noise and as Lisa Nichols says, “be unapologetic about who you are!”  These quotes proliferate within me and today I woke up feeling the best I’ve ever had in my entire life.  What was the feeling? I have no idea, but based on my podcast this morning….I feel that what’s about to happen in my life is going to change the trajectory of everything.

Here’s to a wonderful September! Here’s a toast to a remarkable year up until September….and now it’s time to make more noise for the last third!

You’re Never Too Young To Start

Not enough experience, can’t get experience, too young, blah blah blah! I’ve heard it all, and it’s also a false notion.

There was a young 12-year-old kid by the name of Ryan Ross, who at 3 years old started a chicken-and-egg business in his backyard (SELENIUM! YEAH!).

He had 60 chickens and sold a dozen eggs for 3$.  He was making 15$ a day.  When he got tired of selling eggs, he went into a lawn-mowing business and he charged customers 20$ an hour, but because he was too young to operate a lawn mower, he paid older kids to do the work for 15$ an hour, giving him a $5-dollar-profit.  After that, power-washing business which he charged 200$ an hour and paid someone $100 an hour to do the work.

At the age of 5, he was his profits into buying real estate in Toronto, Ontario, and British Columbia.  Age 8 – he owned six buildings and had a personal net worth of a million dollars. Now he engages in philanthropy that feeds and cloths families in Third World countries.

Ryan Hreljac, who was six years old at the time, was shocked at the fact children in Africa had to walk a lot of miles to fetch clean water.  So, he decided to build a well in a village in Africa.  He was also able to raise enough money to get that first well built in northern Uganda by the time he was 8. Since then, he invented the Ryan’s well Foundation, which has raised millions of dollars and has completed 878 water projects and 1,120 latrines in 16 countries.  this alone provided clean water and sanitation to just under a million people.

Two young girls by the names of Brianna and Brittany Winner had completed their first novel at the age of 12 called “The Strand Prophecy,” which has been distributed to the biggest book stores in america.  after that, four novels, screenplays, and even a comic book was created by them.  Get this – they are both dyslexic.

Don’t ever let someone tell you that you can’t do something.  Don’t use a disorder, age, or anything else for that matter as an excuse to why you can’t make a massive contribution to society.

Honestly, within the next 2 years, I want to somehow get dogs off the streets of Thailand and into the hands of organizations that will provide shelter, food and care for these dogs because all too often they’re killed at the hands of angry townspeople.  Also, I want to contribute to protecting elephants in Africa (such as what Leonardo DiCaprio is doing) because there are only 400,000 North African elephants left.

We could all make a huge contribution to this planet, but never let the negative opinions of others or someone tell you…that you can’t….based on false assumptions.

It’s Never Too Late – Inspirational Stories

One of the most common excuses people use to avoid the risk of going for their dream is “I’m too old.” It’s too late for me.  I didn’t start soon enough.”  Well, it’s not true. – Jack Canfield

Julia Child, one of the most famous chefs in history, didn’t even learn how to cook until she was 40.  Also, she didn’t launch The French Chef (famous show) until she was 51.

Susan Boyle, a 48-year-old woman laughed at by the entire audience before skyrocketing onto the international stage by singing Les Miserables on Britain’s Got Talent.  She has recorded five albums which have sold over 19 million copies.  She has now amassed a net worth of 37$ million USD.

Elizabeth Jolley had her first novel published at the age of 56.  Before that, and even in one year, she received 39 rejection letters.  However, she finally had 15 novels and four short-story collections published to great success.

In 2007, a 95-year-old woman by the name of Nola Ochs graduated from Fort Hays State University in Kansas.  Three years later Nola went on to receive her master’s degree, making her the oldest recipient of a master’s degree at the age of 98. On her hundredth birthday, Nola started writing her first book, Nola Remembers.

Leo Plass graduated at 99 years old with an associate’s degree from Eastern Oregon University, setting a world record for the oldest man to get a college degree.  It’s clear that it’s never too late to do anything.

And with all these stories, I’ll leave you with one last one by the name of Helen Klein.  Let’s just say at the age of 66, she ran five 100-mile mountain trail events within 16 weeks.  In 1991, she ran across the state of Colorado in 5 days and 10 hours, setting the world record for the 500k.  At the age of 72, she ran 145 miles across the Sahara and also completed the 370-mile Eco-Challenge, in which she rode 36 miles on horseback.  The most shocking part of this story is that she never ran before the age of 55.

No excuses.

2006 – From Being Stuck Atop 1,000m Plus Mountain, To A Rescue Helicopter Flying In To Save Us. (Long read)

Oh, yes, it was a cold and sunny December 22nd, 2006 morning – this was the day that a rescue helicopter had to fly steeply to the main summit of Sunrise Mountain in Las Vegas, Nevada to collect my two friends and I in which was one of the funniest and most terrifying moments of my life.

This hike – this hike turned rescued mission featured the most daunting task of my life.

 

  1. The belief that we could actually scale the top of the mountain.
  2. The mountainous gorges that were hidden within the mountain.
  3. The lonesome Mexican lady that was our disguised blessing before we went up any further.

At the end of the day, there was a crowd of 20 people at the base of the mountain saying, “what the hell happened up there?” I, in disbelief, smiled creepily and retorted, “well, we were fighting time and had to get down the mountain as soon as possible, but we didn’t have any equipment or anything.”  Nonetheless, when I got back home, I was bombarded by some of the angriest family members one could ever imagine, hurling expletives at me in sheer frustration about getting stuck.  Oh, why did I call my mom from the top of the mountain.  Damnit!

Lights were turning on, footsteps were echoing around the house, and chatter was breaking out.  I look at the neon light clock and it was 6:30 am, the time that we all said we were going to wake up.  There wasn’t nervousness whatsoever setting in, but the thought of going to one of the highest peaks in west coast United States did rescind within me.  However, we were excited.  Perfectly prepared breakfast, lunch, and even what we were wearing.  We did have a harness, climbing shoes, ropes, or any survival pack equipment because we thought were would be back down before nightfall at 5pm….

And, so, the journey began.  We walked down the street and made a turn onto a street that lead up to the dirty base of the mountain where there weren’t any people around for about a 2-mile radius.  There weren’t any proper trails, either, so we needed to just navigate our way through an ugly cluster of bushes and cacti to get to the base.

For about forty-five minutes, we still couldn’t believe that we were yet to break the ascent to the top of the mountain; until one of us finally turned around and realized we were pretty high up already.  “WOW! LOOK AT THAT!” The excitement reverberated within our group until we saw a figure hidden away in the mountain. “What the fuck is that?” My friend said…

“It’s a person!”  After watching movies such as Hills Have Eyes and Jason, us African Americans aren’t accustomed to seeing another individual on a mountain with no city, nor person, in sight for miles.  As we approached, my best friend, Andre, was in front of the pack because he felt like he had to be the big man.  We approached this individual pretty fast and realize it was a woman.  My friend said, “hola!” The lady smiled (her being Mexican) before the conversations commenced between him and her.

 

She was in her lonesome just going up to the mid-section of the mountain, as she does daily, apparently.  She was aghast when she found out about us going to the top.  My friend said, “hey, she said don’t go to the top.” She began heading down, terrified at us.  The further away she walked, the more I second guessed going up further.  When we got to about the 60% mark, that’s when the climb began.  Unstable rocks, gorgeous, no ropes, things falling down, us having to push each other up and maneuver around the not-so-safe areas we were climbing.  Then, when we were almost at the peak, which didn’t take too fast to get to, that’s when I realized our will was on the line.  I immediately knew then that we couldn’t go down in the same direction.  If we did, we could die.  Period.  So, we were climbing one under another in the last push…..and when we finally got to the top, it was magnificent.

As a backstory, me and my housemates back at Central Arizona College in Coolidge, Arizona would climb a mountain just in the back of our dormitories routinely throughout the month.  This is what established my journey-filled fever within me.

The view was beyond spectacular.  The air was thin….the 360 view and even the ferocious back drop on the back side of the mountain facing Utah was jaw-dropping and nerve-racking at the same time.  I then knew, something wasn’t right.  “Andre, how are we gonna get down? We can die going down that way.”  Andre started looking while his girlfriend calmly opened saran wrap with a sandwich enclosed.  “Ummmm, your sense of urgency just isn’t here.  What the fuck? What the fuck is going on out here?”  Andre, with his hand on his chin, retorted, “I’m thinking.”  I threw my hands in the air incredulously and said, “Andre, that’s ridiculous. This is ridiculous.”

The angry conversations ensued, but just prior to reaching the summit, we saw a helicopter come and drop off a gentleman at the top where’s there’s a huge power-box.  “Well, worst case scenario is we can call a helicopter to save us!” Laughter filled the air….

….and then thoughts of that particular moment came back. “Andre, I gotta call 911 man. There’s no way of getting down.” He looked at me, stomped his feet and said, “whatever.  Fuck it. Call them. That’s on you.”  My breathing was shallow and I said, “mother fucker we gonna die up here if we don’t!”  Meanwhile, his girlfriend was still eating her doritos with no sense of urgency.

Phone rings……woman answers….”911 – state your emergency”

“Yes, hello. There are three of us and we are stuck on the south tower of sunrise mountain.”

“I’m sorry?” the woman replied.

“We are stuck on the south side of the peak on sunrise mountain which has the big electrical box.  My friends and I don’t have any climbing gear and anyway of getting down because there are massive, vertical drops everywhere.”

The conversation continued until she said, “Ok, we’re sending a rescue helicopter up to get you but please, don’t stand on the indicated “H” on the top of the mountain.”

5 minutes later, the helicopter made its way up.

Rusty, old, red-faced metropolitan officer with a sarcastic grin on his face, shades and a wobbly walk made his way on over to us in a very angry way.

“What the hell is going on?” He said.

I explained the situation before he showed us the trail to the next mountain.  OOPS!

“But we don’t have time. It’s 4:15 and we don’t have flashlights.”

I can’t remember much of the conversation, but he wasn’t thrilled at all about us.  He said, “normally this flight would cost a thousand dollars, but you’re lucky because taxpayers will pay for it.”

Sorry mom!

He took the sandwich eating freak of a girlfriend down first.

I was second.  WOW! This is a helicopter!?

“If you don’t hang onto this railing, you’re going to fallout and die.”

I gripped the rail with my life before landing safely and seeing the crowd of people.

Yeah, it was a terrifying experience, but one of the most memorable experience one could ever imagine because if it wasn’t for that, I wouldn’t be half the man I am today. Why?

The leap of faith.