Power Pursuit #1 - Rich Dad, Poor Dad

Yes this is a book review, but you wouldn't have even opened this post if I'd titled it Book Review #1.  So I got out my thesaurus... 

...and "book" became "publishing" which became "information" which became "knowledge" which became "power" (that'll do.)

...and "review" became "analysis" which became "search" which became "pursuit" (booyah baby.)

Power Pursuit.  Now that's something I can work with. 

So this is my Power Pursuit #1.  Which I think is a totally accurate description!  And you've already read all that nonsense so you might as well just continue!  ;) 

Why would I write a book review?  I have so many answers, but I'll keep it simple.  There was a point in my life when I had a thousand dreams about an extraordinary life, but no idea where or how to start.  It was a book that gave me what I needed to begin this massive change in my life.  Actually, it was THIS book.  And it started a whole cascade of future reading and learning and there's nothing I want more than to share this with anyone searching for more than an ordinary life. 

So to not keep you waiting any longer, here's my first Power Pursuit: 

Rich Dad, Poor Dad by Robert Kiyosaki—cost $7.99 at Barnes & Noble, 274 pages

**Before I begin, I'd like to address the negative attitude many people have towards the Rich.  Not all, but the majority of the Rich have a wealth of mature business knowledge—this is why they are, well... rich.  I am currently broke, but why would I sit in self pity and jealousy, and criticize those who are generally happier and more generous people, when I could learn from them?  So that is what I set out to do.  The following is what I've learned so far.**  

First of all, keep this book under your Bible on your nightstand.  Yes, I really believe it's that important.  Why?  Rich Dad, Poor Dad is a book about the mindset of the Rich, a topic you must thoroughly understand and embrace before reaching financial success.  

That being said, this is not a get rich quick book.  But it is packed full of financial fundamentals, suggestions, examples, and perhaps most valuable of all, insight into the minds of the rich.  I think the most helpful thing Kiyosaki clarified for me is the real difference between assets and liabilities.  For example, many people think of the large purchases they went into to debt for as assets (i.e. houses, cars).  Rich people know that true assets make you money, not just increase your debt and expenses.  And they know that it is crucial to have more assets than liabilities.  Of course getting to that point is a process.  But no worries, Kiyosaki offers plenty of suggestions and insights into making it happen. 

The subtitle of the book is, "What the Rich Teach Their Children that the Poor and Middle Class Do Not".  This book literally teaches you how to think like a wealthy individual.  We've all heard the cliches, "Looks like *crap*, smells like crap, must be crap" and the more pleasant "Think like a winner, act like a winner, be a winner".  Proverbs 23:7 says, "As a man thinks in his heart, so he is."  The point?  The way you think and process the world around you matters.  If you think like a poor person, you will be a poor person.  If you think like a rich person, you will be a rich person.  The best way to create new wealth, then, must be to find a new frame of mind.  The best way to do that is to read Rich Dad, Poor Dad.

I would also like to clarify that when I talk about being "rich", I'm not talking about having a greedy or lustful desire for money.  I'm talking about living this life completely and fearlessly.  This book blew up every self-limiting doubt in my mind and reintroduced me to the passionate, unafraid, confident girl that my fears had previously silenced.  It's not a desire for money that drives the Rich attitude that Kiyosaki describes or my love for this book.  It's the desire to prepare the best we can for this crazy life and all it's challenges.  It's my desire for security and peace of mind.  It's my desire to care for my future family and someday my parents, the way they have cared for me.  It's my desire to escape the rat race and live this one life to the fullest.  If you can relate to these desires, this book is a must read.

Because I had two influential fathers, I learned from both of them. I had to think about each dad’s advice, and in doing so, I gained valuable insight into the power and effect of one’s thoughts on one’s life. For example, one dad had a habit of of saying, ‘I can’t afford it.’ The other dad forbade those words to be used. He insisted I ask, ‘How can I afford it?’ One is a statement, and the other is a question. One lets you off the hook, and the other forces you to think. My soon-to-be-rich dad would explain that by automatically saying the words ‘I can’t afford it,’ your brain stops working. By asking the question ‘How can I afford it?’ you brain is put to work. He did not mean that you should buy everything you want. He was fanatical about exercising your mind, the most powerful computer in the world. He’d say, ‘My brain gets stronger every day because I exercise it. The stronger it gets, the more money I can make.’
— Rich Dad, Poor Dad, Robert Kiyosaki

After I read Rich Dad, Poor Dad I was hungry for financial freedom and a life that was inspired and full.  In my search for more information, I've come across many helpful resources.  No doubt these philosophies and lifestyles are not for everyone.  But if you refuse to except the average or the ordinary, stay tuned.  I will continue to share the books and podcasts that have inspired me and given me the resources I needed to begin creating the life I dream of.  And I believe they can do the same for you! 

 

Happy Pursuing!

M