Self-scoring 7 Habits Assessment | The Emotional Bank Account

Let’s get into scoring ourselves on a scale of 1-6 to see where we rank in these following areas. 

  • I show kindness and consideration to others
  • I keep promises and honor commitments
  • I do not speak negatively about others when they are present. 

Look at your life. In what ways do you show kindness and consideration to others? I’m very quick to think on my feet. It’s all a toss-up. I know that deep down inside, I’m a gorgeous soul, but when it comes to helping women in this country, it’s hit or miss.

In the morning, I helped a woman by getting off the treadmill, walking over to hers and turned it on for her (she didn’t know how to turn it on). She said thank you, and that was an amazing moment because the inner voice within me was like, “oh, look at you!” I quickly silenced him by saying “shut the f*** up.”

However, in the evening, you have a tendency of having hi-so (women who think they’re s*** don’t stink) walk in the lobby area and this lady knew i was behind her when we were both entering the lobby area of my condo. However, she opened the door only for her without giving me any leeway. So, not to get back at her, but I quickly went to the elevator and noticed that there was one at the bottom. Sure, I could’ve been the bigger person and keep the elevator door open for her, just because she was just about 4 meters back, but FUCK YOU.

So, it’s a toss-up.

The other two bullet points are in the podcast down below!

Podcast

Topic: Don’t Settle for Less!

We’ve got a LONG PODCAST today! DON’T SETTLE FOR LESS, PEOPLE! I was talking to a teacher from Swaziland yesterday and she made a very important point when we were giving our stories. I told her, “there was nothing else left for me in that area of life but I kept giving myself false hope due to complacency.”

She said, “that was the turning point. You needed to take that massive leap to up-level yourself because you had finished the last chapter long ago.”

Right now some of you are literally working at jobs that you finished years ago.

That’s the truth.

Topic: Drop These Types of Business Partners

Some people are just so ignorant.

My intuition nudged at me a few months ago about a guy who made a ridiculous comment through a text message. So, I blocked him, but after going to a business where we have mutual business partners, he was there. I decided to unblock him and give him a chance — but after I caught him in a couple of lies and he tried throwing me under the bus by throwing a long-term business partnership in flames….I backed off.

Then there was an ignorant comment such as, “oh, I guess it didn’t feel good making less than ________ baht this month.”

First, never talk about a black man’s money.

Two, why would you even make a jaw-dropping, head-scratching ridiculous remark like that?

Three, Hold this BLOCK.

In this podcast, I talk about NEVER IGNORING THE INTUITION. If someone makes a comment straight off the back and something tells you “I don’t like this person,” that voice is your intuition and you should listen to it.

RICH DAD POOR DAD | S5 – E41 | LESSON VII | Overcoming Cynicism

Overcoming Cynicism

“The sky is falling! The sky is falling!” Most of us know the story of Chicken Little who ran around warning the barnyard of impending doom. We all know people who are that way. There’s a Chicken Little inside each of us.

As I stated earlier, the cynic is really a little chicken. We all get a little chicken when fear and doubt cloud our thoughts. All of us have doubts: “I’m not smart.” “I’m not good enough.” “So-and-so is better than me.” Our doubts often paralyze us. We play the “What if?” game. “What if the economy crashes right after I invest?” “What if I lose control and I can’t pay the money back?” “What if things don’t go as I planned?” Or we have friends or loved ones who will remind us of our shortcomings. They often say, “What makes you think you can do that?” “If it’s such a good idea, how come someone else hasn’t done it?” “That will never work. You don’t know what you’re talking about.” These words of doubt often get so loud that we fail to act. A horrible feeling builds in our stomach. Sometimes we can’t sleep. We fail to move forward. So we stay with what is safe, and opportunities pass us by. We watch life passing by as we sit immobilized with a cold knot in our body. We have all felt this at one time in our lives, some more than others.

When violence breaks out in a city, gun sales go up all over the country. A person dies from rare hamburger meat in the state of Washington, and the Arizona Health Department orders restaurants to have all beef cooked well-done. A drug company runs a TV commercial in February showing people catching the flu. Colds go up as well as sales of cold medicine.

Most people are poor because, when it comes to investing, the world is filled with Chicken Littles running around yelling, “The sky
is falling! The sky is falling!” And Chicken Littles are effective, because every one of us is a little chicken. It often takes great courage to not
let rumors and talk of doom and gloom affect your doubts and fears. But a savvy investor knows that the seemingly worst of times is actually the best of times to make money. When everyone else is too afraid to act, they pull the trigger and are rewarded.

RICH DAD POOR DAD | S5 – E40 | LESSON VII | Stories of Failures

In my own life, I’ve noticed that winning usually follows losing. Before I finally learned to ride a bike, I first fell down many times. I’ve never met a golfer who has never lost a golf ball. I’ve never met people who have fallen in love who have never had their heart broken. And I’ve never met someone rich who has never lost money.

Rich Dad Poor Dad
  • Riding a bike
  • Women
  • Track & Field
  • Video Games (Blitz 2003)

“Texans don’t bury their failures. They get inspired by them. They take their failures and turn them into rallying cries. Failure inspires Texans to become winners. But that formula is not just the formula for Texans. It is the formula for all winners.”

“I always tried to turn every disaster into an opportunity.” John D. Rockefeller

If you hate losing, play it safe. If losing makes you weak, play it safe. Go with balanced investments. If you’re over 25 years old and are terrified of taking risks, don’t change. Play it safe, but start early. Start accumulating your nest egg early because it will take time.

But if you have dreams of freedom—of getting out of the Rat Race—the first question to ask yourself is, “How do I respond to failure?” If failure inspires you to win, maybe you should go for it—but only maybe. If failure makes you weak or causes you to throw temper tantrums—like spoiled brats who call attorneys to file lawsuits every time something doesn’t go their way—then play it safe. Keep your daytime job. Or buy bonds or mutual funds. But remember, there is risk in those financial instruments also, even though they may appear safe.

RICH DAD POOR DAD | S5 – E38 | LESSON VI | People Skills

Today, I meet ex-schoolteachers earning hundreds of thousands of dollars a year. They earn that much because they have specialized skills in their field as well as other skills. They can teach, as well as sell and market. I know of no other skills to be more important than selling and marketing. The skills of selling and marketing are difficult for most people, primarily due to their fear of rejection. The better you are at communicating, negotiating, and handling your fear of rejection, the easier life is. Just as I advised that newspaper writer who wanted to become a best-selling author, I advise anyone else today.

Rich Dad Poor Dad

Being technically specialized has its strengths as well as its weaknesses. I have friends who are geniuses, but they cannot communicate effectively with other human beings and, as a result, their earnings are pitiful.
I advise them to just spend a year learning to sell. Even if they earn nothing, their communication skills will improve. And that is priceless.

Rich Dad Poor Dad

In addition to being good learners, sellers, and marketers, we need to be good teachers as well as good students. To be truly rich, we need to be able to give as well as to receive. In cases of financial or professional struggle, there is often a lack of giving and receiving. I know many people who are poor because they are neither good students nor good teachers.

Rich Dad Poor Dad

My educated dad always said, “When I have some extra money, I’ll give it.” The problem was that there was never any extra. So he worked harder to draw more money in, rather than focus on the most important law of money: “Give, and you shall receive.” Instead, he believed in: “Receive, and then you give.”

Podcast

RICH DAD POOR DAD | S5 – E37 | LESSON VI | Don’t Build The Hamburger; sell the hamburger

The world is filled with talented poor people. All too often, they’re poor or struggle financially or earn less than they are capable of, not because of what they know, but because of what they do not know. They focus on perfecting their skills at building a better hamburger rather than the skills of selling and delivering the hamburger. Maybe McDonald’s does not make the best hamburger, but they are the best at selling and delivering a basic average burger.

Rich Dad Poor Dad

Don’t build the hamburger, people! You know why? Who else can build hamburgers? EVERYONE! Who can sell them? Not EVERYONE. This is the point of the story. Once robots start making hamburgers, you’re not expendable. You’re now disposable. You’re no longer a employable, and you’ll become unemployable.

The main management skills needed for success are:

  1. Management of cash flow
  2. Management of systems
  3. Management of people

The most important specialized skills are sales and marketing. The ability to sell—to communicate to another human being, be it a customer, employee, boss, spouse, or child—is the base skill of personal success. Communication skills such as writing, speaking, and negotiating are crucial to a life of success. These are skills I work on constantly, attending courses or buying educational resources to expand my knowledge.

Rich Dad Poor Dad

Podcast

RICH DAD POOR DAD | S5 – E36 | LESSON VI | Logic

In school and in the workplace, the popular opinion is the idea of specialization: that is, in order to make more money or get promoted, you need to specialize. That is why medical doctors immediately begin to seek a specialty such as orthopedics or pediatrics. The same is true for accountants, architects, lawyers, pilots, and others.

Rich Dad Poor Dad

When I went to Australia, my family’s logic and my logic were completely different. Because I wanted to achieve something far greater than me, I was ridiculed by my family, ostracized, and never spoken to again. My logic was far greater than any that had beset on my family. My achievements are far greater than anything any family member in history has achieved. I had rich dad’s logic.

When I quit my high-paying job with Standard Oil, my educated dad had a heart-to-heart talk with me. He was bewildered. He could not understand my decision to resign from a career that offered high pay, great benefits, lots of time off, and opportunity for promotion. When he asked me one evening, “Why did you quit?” I could not explain it to him, though I tried hard to. My logic did not fit his logic. The big problem was that my logic was my rich dad’s logic. – Robert Kyosaki

Job security meant everything to my educated dad. Learning meant everything to my rich dad.

Educated dad thought I went to school to learn to be a ship’s officer. Rich dad knew that I went to school to study international trade. So as a student, I made cargo runs, navigating large freighters, oil tankers, and passenger ships to the Far East and the South Pacific. Rich dad emphasized that I should stay in the Pacific instead of taking ships to Europe because he knew that the emerging nations were in Asia, not Europe. While most of my classmates, including Mike, were partying at their fraternity houses, I was studying trade, people, business styles, and cultures in Japan, Taiwan, Thailand, Singapore, Hong Kong, Vietnam, Korea, Tahiti, Samoa, and the Philippines. I was partying also, but it was not in any frat house. I grew up rapidly.

Rich Dad Poor Dad

Rich Dad Poor Dad | S5 – E34 | Lesson VI | Learn to Work — Don’t Work for Money

Job security meant everything to my educated dad. Learning meant everything to my rich dad.

Robert Kiyosaki – Rich Dad Poor Dad

Interview in Singapore with interviewee lead to this…

“I’ll never stoop so low as to learn how to sell. People like you have no business writing. I am a professionally trained writer and you are a salesman. It is not fair,” she fumed.

Rich Dad Poor Dad

I am constantly shocked at how little talented people earn. I have met brilliant, highly educated people who earn less than $20,000 a year. A business consultant who specializes in the medical trade was telling me how many doctors, dentists, and chiropractors struggle financially. All this time, I thought that when they graduated, the dollars would pour in. It was this business consultant who gave me the phrase: “They are one skill away from great wealth.”

Rich Dad Poor Dad

What this phrase means is that most people need only to learn
and master one more skill and their income would jump exponentially. I have mentioned before that financial intelligence is a synergy of accounting, investing, marketing, and law. Combine those four technical skills and making money with money is easier than most people would believe. When it comes to money, the only skill most people know is to work hard.

The classic example of a synergy of skills was that young writer for the newspaper. If she diligently learned the skills of sales and marketing, her income would jump dramatically. If I were her, I would take some courses in advertising copywriting as well as sales. Then, instead of working at the newspaper, I would seek a job at an advertising agency. Even if it were a cut in pay, she would learn how to communicate in short-cuts that are used in successful advertising. She also would spend time learning public relations, an important skill. She would learn how to get millions in free publicity. Then, at night and on weekends, she could be writing her great novel. When it was finished, she would be better able to sell her book. Then, in a short while, she could be a “best- selling author.”

Podcast