Archive for January, 2009

 

The Middle Class is Shrinking: Why is Robert Kiyosaki Smiling?

Sunday, January 25th, 2009
donald trump
Frank Saffoori, MBA asked:


If you’ve read any of Kiyosaki’s books like “Rich Dad Poor Dad” and “Why We Want You To Be Rich” (co-authored with Donald Trump), or attended any of his training seminars, then you’re no stranger to the fact that we are currently facing a huge dilemma in this country (in fact, all around the world).

And it WILL impact each and every one of us (yes, you and me included).

So What’s The Big Debacle And How Will It Impact You?

The main problem we’re facing as a society as a whole is the inevitable result of the tremendous trend toward the virtual elimination of the middle class. Think about this for a minute. The middle class is shrinking so quickly that we’re quickly moving closer to having the population split between:

(1) The Ultra Wealthy and

(2) The Really Poor.

Kiyosaki has brilliantly brought these issues to the forefront of kitchen-table conversations all over the world. He has even gone as far as creating fun, educational board games to teach kids and adults how to escape “The Rat Race” and build true sustainable wealth.

So What Does This Mean To You?

Well, if you do as I did, if you look closely and carefully examine what Robert Kiyosaki has essentially done, you’ll notice that he’s done something so brilliant, so philanthropic, and so genius.

Kiyosaki Implemented His Vision:

(1) Educate as many people as possible on a simple process to get out of debt, develop some income-bearing assets, focus on developing multiple streams of income, and master the concept of financial leverage.

(2) Move away from being an employee and a self-employed, to becoming a business owner and an investor.

If you have been giving any serious thought to these fundamental concepts, and you haven’t yet taken action to change your life, well, quite frankly, you’re not only hurting yourself, but you’re also hurting people all around you.

Just imagine how great you would feel waking up every day, not to an obnoxious alarm clock, but awakening purely on excitement, motivation, and phenomenal levels of energy. You get out of bed superbly enlightened, feeling great because you’re independently wealthy and best of all, you have the free time to help others to live life more intelligently.

Yes, the middle class is shrinking, but the core essence of what Kiyosaki is teaching us is that ultimately, you have a choice of laying back and letting life lead you, or stepping up and controlling your own financial future.

So to answer the question I posed to you in the title of this short article, I would imagine that Robert Kiyosaki is smiling because he’s fortunate enough to already be enlightened AND to already have taken action on his vision. He’s probably also smiling because he has a wonderful wife, multiple multi-million dollar enterprises, and a vast network of income-producing assets. Why shouldn’t he be smiling?

© Copyright Frank Saffoori.



Lawrence

 

Donald Trump And Real Estate Investment

Friday, January 9th, 2009
donald trump
Joel Teo asked:


If there is one lingering image of success in real estate investing, it is that of the charismatic Donald Trump. He is the icon of the highs, and lows, of the business of real estate. His rise from an intrepid investor to a billionaire developer holds out several lessons.

The sheer scale of operations of Trump could overwhelm us all. But, he did not attain it overnight. Sure, he had a legacy of real estate development, the Trump Organization, handed down by his father. However, he worked hard and brought in shrewd business acumen to enlarge his canvas of operations. His vision and commitment made him move away from the traditional strongholds of his father’s business and develop multi-million dollar projects with the high and mighty queuing up to grab a cherished piece of property.

There are a couple of lessons here for the retail investor in real estate. Whether one is clutching on a property for a few thousands or closing out with million dollars, the principles underlying real estate investment are just the same. Here is a quick checklist from Donald Trump’s life:

• Be convinced about the real estate investment before you set out to negotiate. Unless you carry your conviction, others who are part of the scenario would not share your viewpoint. Trump’s enthusiasm for the Grand Hyatt project from the dilapidated Commodore Hotel resulted in one of the best landmarks of New York City at a time when others dismissed it as impossible.

• Actively involve everyone who is a part of the project. The seller, broker, inspector, lender and yourself are in partnership trying to arrive at a deal that is beneficial to all. To ensure smooth completion of the transaction, communicate effectively with each one so that misconceptions are removed and the deal goes through without glitches.

• Do not burn your bridges. Keep your contacts alive through effective networking. Greeting cards, phone calls, messages and gifts are some of the methods to remind others that you are interested in upcoming projects.

Copyright © 2006 Joel Teo. All rights reserved.



Ted

 

Donald Trump

Wednesday, January 7th, 2009
donald trump
Gerald Mason asked:


If you are interested in real estate you have probably heard of Donald Trump.

Even if you are not interested in real estate you more than likely know who Donald Trump is. If you do not, he is one of the wealthiest people in the world.

Donald Trump owns real estate all over and even has his own television show. It is safe to say that if you want to be rich that Donald Trump is a great role model to have. Donald Trump is an entrepreneur with a great mind.

Donald Trump initially began to move into the public spotlight thanks to his luxurious lifestyle, as well as the skyscrapers in New York that were named after him.

With his name being all over the world, it was hard to keep a low profile. But even though some people would shy away from the spotlight, Donald Trump has relished his role of fame for many years.

Perhaps his biggest real estate investment is the Trump Tower. The Trump Tower was built in 2001, and sits in close proximity to the United Nations building in New York City.

The Trump Tower is 72 stories high, and acts as a residential complex for anybody who can afford it; and of course this is not an easy thing to do.

Donald Trump has his own television show as well, The Apprentice. This reality show has become quite popular, and millions of people from all over the world became fans as Trump eliminated contestants week after week. Even though this show was great for contestants and viewers, it was just another way that Donald Trump keeps himself in front of the world.

Not only does Donald Trump own real estate property all over the world, he also has plans for many more properties in the works.

It is safe to say that Donald Trump is never going to sit back and let somebody else develop the next great thing. If the real estate industry is calling for something, Donald Trump may be the guy who brings it into fruition.

Overall, Donald Trump is the king of real estate. If you are interested in this industry, learn as much as you can about Trump. He knows what it takes to make a lot of money year in and year out.



Sue
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