Posts Tagged ‘donald trump’

 

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

 

where can you send a letter to Donald Trump to?

Thursday, December 11th, 2008
donald trump
crazycandykrumpets asked:


i am trying to send Donald Trump a letter. I know he must have some address or P.O. box where people can send letters in. Does anyone know?

Vanessa

 

Donald Trump obtained a gov. grant for a casino. How can I go about doing what he did for a business?

Wednesday, December 3rd, 2008
donald trump
eleanor m asked:


I need a grant for a Assisted Living Facility ! How can I be eligible to obtain a grant?

/

Jim

 

Is it true that DONALD TRUMP screwed over a bunch of BONDHOLDERS?

Saturday, November 29th, 2008
donald trump
atoxyz123 asked:


From what I heard he left the investors in the bonds of his company hanging and never paid them when his stuff went bust the first time is this true? If it is shouldn’t Trump be fired?

Reginald

 

What year did Donald Trump becomce a millionaire? And what year did he become a billionaire?

Sunday, September 7th, 2008
donald trump
mi_vitallife asked:


Please give specific date.

Douglas

 

“7 Asset Protection Tips of the Rich”

Wednesday, August 20th, 2008
donald trump
Matt Bacak asked:


You can increase your chances of business success if you follow the lead of proven business leaders such as Donald Trump. How does Donald Trump structure his business? How does he protect his assets from lawsuits? Whether you make one thousand or one billion dollars it is critical that you protect your business assets.

Following are asset protection tips of the Rich:

Asset Protection Tip #1: Structure your business as an LLC. Donald Trump structures his businesses in this manner. It bulletproofs your business. An LLC structure is the best way to protect your assets.

Asset Protection Tip #2: The magic bullet known as the “Charging Order”.

A charging order says that if somebody sues you they are not able to seize the assets in the LLC if it is properly structured.

Asset Protection Tip #3: Profits can be taken through lawsuits as well. Take your profit income and set up another corporation that is your management company.

Asset Protection Tip #4: Then the IRS steps in. The IRS says that they can impute your income and give it to the person that sues you. This income will be taxed at about 50%.

If your LLC is structured properly, you can use this IRS rule to your advantage. For example, the person who sues you won’t receive your money and will have to pay taxes on it! They have to shell out money even though they didn’t receive the money from you in the first place.

The Charging Order dramatically decreases law suits because people that sue you won’t be able to get at your assets or your income. They will have to actually pay to sue you, so they won’t!

Asset Protection Tip #5: Separate your personal assets from your business and investments. Don’t do business as a sole proprietor, general partners, or DBA. Don’t put things in your name!

Asset Protection Tip #6: Separate businesses and investments from each other. For example, your products are in one LLC. Then have your coaching company in another LLC. Then have your marketing company in a different entity. Basically, the more LLC’s (and separation) the better.

Don’t put everything into one corporation. Why? If the corporation is shut down then everything you have is taken away. If you have separate LLC’s then you will have your other LLC’s to rely on.

Accountants and lawyers will tell you that having several LLC’s is too much of an extra cost and not worth it. Don’t listen to them. The cost is worth it! Plus, you don’t have to have all your LLC’s in one state. It is worth the few extra hundreds of dollars it costs each year to bullet proof your assets.

Asset Protection Tip #7: Act NOW! Many businesses don’t restructure until they are hit with a lawsuit. However, you can’t restructure in response to a lawsuit because that is considered fraud. You need to protect your assets right now and not when a lawsuit hits. You have to lay a foundation for your business structure immediately.



Nellie

 

Does Donald Trump have a full head of hair?

Sunday, August 17th, 2008
donald trump
Anthony asked:


I seen many pictures of Donald Trump and it looks like he has a thick full head of hair. Many people told me that his hair is thin and balding on top and he just combs the side over to make it look like he has a full head of hair. How much hair does he comb over? How much different would he look if he didnt do that? I really think he does have a full head of hair. Has anyone seen him without the comb over?

Micheal

 

Why do you think Donald Trump endorsed McCain?

Saturday, August 16th, 2008
donald trump
PRLadyDama asked:


Do you think he earns more that $250,000/yr?
Donald Trump is within the 5% of people that will pay more taxes. Actually what Obama is doing, is eliminating the tax break Bush gave to the riches.
Definitely, the GOP is for the richest!!!

Juanita

 

How do this recession is going to effect on Bill gates and Donald Trump like rich ppl?

Monday, July 28th, 2008
donald trump
so tell me! asked:


How do this recession is going to effect on Bill gates and Donald Trump like rich ppl?

Troy

 

There is a person on Yahoo Answers called Donald Trump. Is it really him or is it just a fan or a website?

Sunday, July 13th, 2008
donald trump
MilenaD asked:


Some ID said Donald Trump and I was wondering if it was really him. If so…he rocks! And I am a huge fan. Especially my father. Please answer. Its getting on my nerves.

Chester
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