Quote of the day is credited to Rich dad in Rich dad's guide to investing by Robert Kiyosaki.Robert Kiyosaki is an American Businessman, motivational speaker and radio personality, he is the author of the Best Selling Books, 'Rich Dad Poor Dad' and 'Cash Flow Quadrant'. He indeed has helped millions of people gain knowledge of financial literacy across the world through his books.
QUOTE:
"The main reason people buy assets is because they have not been able to call upon their entrepreneurial spirits."
INSIGHT:
It is true that not everyone can become an entrepreneur but the fact is that being an entrepreneur enables you to build assets in which others buy into. An asset is defined as anything or venture that puts money in your pocket. Most of the ultra rich of the world today built great assets that are worth millions and billions of dollars. This goes to say that for you to be very successful financially, you too must develop the habit of building assets, for example you can start a business of your own like trading of a particular product and grow that business to become great asset.
To be able to build assets that others buy into, it is strongly recommended that you call upon your entrepreneurial spirit by challenging your thoughts and ideas, trying new things, that is being innovative because if you fail to do so, your zeal gradually dies and at the end instead of continuing building your business or asset, you allow it to die.
In conclusion, building or creating an asset involves time with patience, hard work and determination playing a huge role. Most persons lack this qualities and as such they consider to buy assets which others have built instead of building theirs for others to buy.
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