Lesson No. 9 – DREEEAMS ! I understand
that if I invest I earn money without working … but where from
can I get money to invest? Financial leverages.
What are these dreams? The best definition I heard was given by
Ianosh Demeter and it sounded like this : «Dreamers are the people
who have been where they wish to be».
Imagine that on the floor there is a board 10 centimetres wide
and 10 meters long and somebody tells you that he would give you
10 $ if you walked on that board from one end to the other. Probably
99.99% of us would do it without the slightest problem. Now imagine
that the same board is placed on two blocks of flats, 10 storeys
high each. For the same amount ... please ... to the other end
and you would receive 10 $. How many people would do it? I guess
1 in a thousand (honestly I don’t know such a guy) .... and in
the end, which is the difference? If we change a little the scenario:
Somebody would give you 10 000 $ if you reached the other end
... how many of you would do it ... I think a few might do it
... But 10 million? Or worse ... at the other end there is somebody
with your child in his arms saying that if you don’t arrive there
in ten seconds he would let the child fall ... how much time would
you need to arrive there ... I would get there in a second ....
and let me tell you something: those 99.99 % will go too ... What’s
the difference? The difference consists in the fact that you do
it ... if you are aware where you can reach, you’ll do it, if
not then you will run back and forth for the 10 $, month by month
... after several years they will give you 15 $ ... and you will
run again ... in exchange it will be safe ...
Robert Kiyosaki taught me every time about Investments .... Investments
.... Investments... What he didn’t tell me was where from I should
take the money for those investments.... As early as Lesson 4
we shall learn what a Business Plan is and we shall start two
of them, for two different businesses, for every trainee. This
is because I have to teach you about how and how much could you
earn if you carry out a certain activity one way or the other
...
The one who taught me to make a Business Plan is an extraordinary
guy, who is an employee and whom I consider to be my Mentor ...
when we prepared a Business Plan together, he was not, in fact,
aware that he was changing my life ... He was not aware ... but
I was ... I took a one-week leave of absence and during that week
I prepared the Business Plan of “Efect Capital” Company. I thought
about it from various points of view and I introduced in that
Plan the worst possible figures... anyhow it resulted that I was
bound to succeed … including these courses I was only thinking
to begin … everything showed me that I had to start from where
I was ... because there they had just raised the stakes for which
I was running back and forth along that board and therefore it
would have taken a long period time until the next salary increase...
moreover, I was often told I was not running fast enough ...
Once upon a time, there was a man, not very educated, who was
married and had three children. He worked hard in a steel mill.
A very difficult work... This man had a hobby: he liked writing
books. And after strenuous workdays, he used to come home and
start writing novels. He was doing it from all his heart and he
spent his last money to buy the paper and the pens. His wife was
a special woman and, in spite of all the hardships, she loved
her husband very much and she kept encouraging him to write...
because when he was writing ... our man was happy... He tried
to have his novels printed with several editors, but every time
he was refused. One day, after being refused again by an editor,
he came home and threw in the garbage bin the manuscript he had
just finished. His wife calmed him down and recovered the manuscript.
In about 6 months (when our man was “healed” of the writing mania),
his wife showed the manuscript to an editor, a friend of the family.
The editor considered that it was not worth anything, but he gave
them 500 $ for the manuscript, mainly out of pity, and sent the
manuscript to print. The first 2 000 copies appeared and ... what
do you think? It was a tremendous success ... that book didn’t
become a Bestseller, but it was printed in over 40 000 copies
and it was the first book written by Stephen King, who became
famous ...
Follow your dreams, don’t let other people’s opinions influence
you regarding your dreams ... they do not feel what do you feel,
they don’t know what you are able to do and they think you are
equally weak ...
- An overall view
on the Incomes and Expenditures Budget and the classical methods
of taxation for a natural person.
- Analysis of the
Incomes and Expenditures Budget, of the prospect and of the
methods used to increase the incomes and to decrease the expenditures.
- Where does money
come from, why and how it is taxed, depending on its source.
Test of evaluating the financial skills and the incomes. Basic
notions of Financial Education. The 45-year plan.
- The world of the
rich is a world that lives according to other rules. We begin
with the beginning, and the beginning is changing your way of
thinking.
- Preparing a Plan
to obtain the financial independence.
- Basic rules and
techniques for increasing the incomes and decreasing the personal
expenditures (that is for getting rich).
- Types of Investments
and types of Investors. Active Investments. How we can generate
an Active Investment.
- Identifying, attracting
and using external resources - Other People's Time, Other People's
Money, Mentors and many other absolutely necessary things.
- DREEEAMS ! I understand
that if I invest I earn money without working... but where from
can I get money to invest? Financial leverages. Pirghiile financiare.
- The Past and
Visions on the World Financial Future. Why is it good to be
Rich? Ways of protecting the Investments.
|