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Rich dad poor dad ppt

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Rich dad poor dad ppt

  1. 1. The poor and the middle class work for money , the rich have money work for them
  2. 2. RICH DAD POOR DAD Amit Kumar Ankit Chauhan Gaurav Kumar Singh Sabyasachi Sethi
  3. 3. Details RICH DAD , POOR DAD Author : Robert T. Kiyosaki Best Seller Publisher : Plata Publishing , LLC Printed in USA First Edition : 1997 Category : Economics
  4. 4. Author : Robert T. Kiyosaki Robert Toru Kiyosaki (born April 8, 1947) is an Japanese American investor, businessman, self-help author, motivational speaker, financial literacy activist, and occasional financial commentator
  5. 5. “Having two dads offered me the choice of contrasting points of view : one of a rich man and one of a poor man” by- Robert Kiyosaki
  6. 6. Salient Features • Financial Literacy • Concepts are explained using the numbers , pictures and metaphors • Mantra to become rich • Informative + Inspiring • Down-to-earth
  7. 7. CONTRAST POOR DAD RICH DAD • Get job in good company • Create or buy a company • “ The love of money is the • “ The lack of money is the root of all evil.” root of all evil.” • I can’t afford it • How can I afford it ? • Play safe • Learn to manage risks • Works for money • Money works for him “There is difference between being poor and being broke . Broke is temporary , poor is eternal. “
  8. 8. Why Teach Financial Literacy? It is not important how much money you make , it is how much money you keep. Understand the difference between assets and liability.
  9. 9. Financial Statement
  10. 10. Financial struggle is often the result of people working all their life for someone else. Owner or shareholders of the company. Government Banks
  11. 11. History Of Taxes & Power Of Corporation Robin Hood : Collect it from the rich and give it to poor. Learn to minimize the taxes.
  12. 12. The Rich Invent Money • Make Good Use of Time • Identify an opportunity Everyone else missed Two Types of investors: 1.Buyers of packaged Investments 2.The PROFESSIONAL Investor
  13. 13. Work to Learn, Don’t Work for Money • Learn skills like PR, Marketing and advertising. • Take a second job if it means learning more.
  14. 14. Three main managements skills 1. Management of Cash Flow 2. Management of Systems 3. Management of People
  15. 15. Overcoming Obstacles Five Obstacles to Financial Independence 1. Fear 2. Cynicism 3. Laziness 4. Bad Habits 5. Arrogance
  16. 16. 10 steps to awaken your financial genius: The power of spirit. The power of choice. Greatness is not a function of circumstance. Greatness , it turns out , is largely a matter of conscious choice - JIM COLLINS
  17. 17. • The power of association. • “A man only learns in two ways, one by reading, and the other by association with smarter people.” -by Will Rogers. • The power of learning quickly. • “He is most original who adapts from the most sources.” -by John Adair.
  18. 18. • The power of self-discipline. The power of good advice.
  19. 19. • The power of getting something for nothing. • The power of focus. • The power of myth. • The power of giving.
  20. 20. • Think and take action. • Stop doing what you are doing. • Action beats inaction.
  21. 21. Why you should read ? • Broaden your vision • Redefine your views about money • How to start and run a company • In short , if you really have dreams to touch the sky , this book is highly recommended
  22. 22. Criticism • Brutal use of language for lower and middle section of society • Rejected the importance of degrees and qualification • Does not comply with the concept of Taxation
  23. 23. THANK YOU

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