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Today, I’m going to continue reading Rich Dad Poor Dad, hopefully getting to the end of this book at the evening.
Now, it’s 10.30am. I’m about to read chapter six: Work to Learn—Don’t Work for Money.
…To sum up chapter six, there is a specialist who focuses on one thing and don’t have time to learn skills outside of his field, like sales skills, for instance; and there is a man who knows a little bit about everything and can apply his knowledge to become rich. Although we may call it unfair that the bestselling writers are usually terrible writers but good sellers, and brilliant writers have no readers outside of their social circle, but if we really want to make money as writers and help people become wise by sharing our brilliant ideas and providing guidance to them, we must admit that “one could ring in his wisdom in bells, and the shopkeepers in the market place would jingle it out with pennies.” That’s reality. There is no need to be stubborn in our pride. It’s better to put our self-importance aside, learn how to sell and join the mainstream.
So, let’s read chapter seven: Overcoming Obstacles.
“Five reasons why financially literate people may still not develop abundant asset column that could produce a large cash flow:
1. Fear
2. Cynicism
3. Laziness
4. Bad Habits
5. Arrogance
Failure inspires winners and defeat losers.”
There just 80 pages left. I’ve finished chapter seven, which were full of banalities and oversimplified views on “how to afford what you want” by thinking about it instead of saying, “I can’t afford this.” The author recommends becoming a little greedy and talks excessively about fear, cynicism, laziness, bad habits and arrogance, having very little knowledge of how all that works but providing the reader with a sense of optimism and “great beliefs” which, according to his opinion, can change everyone’s life.
Just 80 pages! The next chapter is called: Getting Started. “Arrogant people rarely read or listen to experts. Why should they? They are the center of the universe.”
1:40pm.
It’s time to make a small break. I’ve finished chapter eight which basically was about inspiration to get rich based on 10 principles:
1) Find a reason greater than reality: the power of spirit
2) Make daily choices: the power of choice
3) Choose friends carefully: the power of association
4) Master a formula and then learn a new one: the power of learning quickly
5) Pay yourself first: the power of self-discipline
6) Pay your brokers well: the power of good advice
7) Be an Indian giver: the power of getting something for nothing
8) Use assets to buy luxuries: the power of focus
9) Choose heroes: the power of myth
10) Teach and you shall receive: the power of giving
2:40pm
Coming back to reading. A note: there was a strong desire to publish what I’m writing here, but I suppressed it. Although I have an unbending intention to dive into the work and completely focus on actions until I reach the goal (over $10, 000 per year of income), I think that publishing it is going to be distracting. However, it’s also gonna make me more responsible since I’ll be watched by Big Brother’s eye. Anyway, now, I’m not gonna publish anything—just wrote that to reflect on my emotions. So, there is chapter nine: Still Want More? Here are Some to Do’s.
3.20pm
The book is finished. I guess it was worth reading, even though I have to say that most of its content was a sort of compulsive repetition of words: “learn how to manipulate money and don’t allow yourselves to be manipulated by them.”
“Final thoughts” about the difference between earned income, portfolio income and passive income as well as the advice to turn the former into the latter with all this stress on the financial education and salesmen’s intelligence are so obnoxious, though at the same time it provides deeper understanding of the psychology of, I must say the “bitch” instead of the “rich.” But since I’ve decided to step into this game, I also have to practice worshipping the mindset of these moneymakers and build something like that in my own head, though I actually don’t need to be t h a t stupid. The man said money is an illusion; what’s really matter is the mind. The problem is that he suggests using the mind to chase money getting simultaneously some education, acquiring new skills, etc.
I have to admit I’m deeply triggered by a worldview in which money is considered dangerous and for the most part useless. In the book, there is an example of a donkey following a carrot which is tied to his head in a way that he’ll never be able to get it. The author says this donkey is an average human being who works for a salary, struggling all his life just to pay bills. However, nowadays, it gets more and more obvious that we don’t need a lot of money to live. After taming our desires and channeling them to something which doesn’t require large expanses, another kind of financial freedom comes to our doors.
Okay, I despise the Rich Dad philosophy not because it’s against my beliefs about what a meaningful, fulfilling life should look like, but because it’s directed towards something utterly useless. The author doesn’t say, “Earn enough money, make passive income to survive, feed your basic needs and do whatever makes sense for you, your family, humanity, etc.” He says, “I love money, money is power, I like to make money and teach other people to do the same.” I respond, “I don’t like money, but I need a certain amount of it to do what I have to. If I need to forget about my prejudices and change my mind, I can do it just for an experiment. Why not? I can easily use English to develop a new type of personality which is gonna love money and do smart work to get it. It’s like making a servant in your mind which is gonna make dirty work. There is no need to identify with this servant. All I need is to raise him and educate properly.”
Okay, now I need to think about a new step. While reading the book, I thought about ideas as the most valuable and demanded product on the contemporary market. I have marvelous ideas about education, psychology, philosophy, self-help, etc. Yet, I have no idea how to sell these ideas. Now, I’m writing a course about learning English. Before it’s gonna be finished, I need to find the best way to attract those who are gonna buy it.
Just reading books is not enough. Yes, I have to absorb as much meaningful information as possible, but with it, there must be a real investment into actions. What if I make a new to do list and start working it out? It’s like one, two, or somewhat habits which are supposed to help me reach my goal. $10, 000 of income requires a youtube channel with hundreds of thousand subs or a hundred patrons on patreon. I have a lot of content, but it’s not structured. A book is one way out of it, but in addition to that, I have to make videos and even a podcast. Well, let’s start small. One of the actions is an hour of writing the course.
Now, it’s 4:10pm. I’m gonna write an article about a new technique which I called: Arousing Curiosity.
5.20pm.
It’s quite difficult to write in Russian after writing for a couple of days in English. I made a pretty boring article about curiosity. I think it makes sense not to begin reading a new book today. Instead, I’m gonna do exercises and watch some videos on youtube.
6.20pm.
Exercises done.
The rest of the day I spent with my gf. Yesterday, I asked he if she agrees to invest 20 minutes every day into working on our communication. We have small problems with talking about things which are not connected to our relationship directly. I often attack whatever she says, which makes her anxious and upset. Those 20 minutes were extended to an hour and we had another fight instead of working on the problem. But then it turned out quite good; when we got home, I made her feel safe and she told me what was wrong. She said she tried to talk to me as if she talked to a friend, someone she loves and respects, but no matter what we were talking about, I became aggressive, treating her like shit. She added that in these cases she withdraws and perceives me as an enemy who she wouldn’t drink tea with, not to say about sharing bed. So we came to an agreement very fast, and then there was a beautiful night and magical morning. I went to a store and bought cherries, a cake and other things she likes. She was happy when I left her to keep on my business adventure.
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