Financial Security: A Breakdown of How the Rich and Poor Think Differently About Money.

By Amir Shayan

The traditional path to financial security, as we know it, has become increasingly outdated. The idea of going to school, getting a job, working hard, saving money, getting out of debt, and investing for the long-term in the stock market, no longer guarantees a secure financial future. The gap between the 1% and 99% continues to grow, and CEOs around the world are advocating for a change in the way we think about wealth creation.

In a recent conversation with a group of entrepreneurs, Robert Kiyosaki, the author of “Rich Dad Poor Dad,” explained why he believes the traditional path to financial security is obsolete. He argues that it’s not just about saving money but stepping back to look at the bigger picture. In each of us, there is a poor person, a middle-class person, and a rich person. However, the education system doesn’t teach us how to think like rich people. Instead, we are taught to go to school, get a job, and get a paycheck.

As Kiyosaki’s rich dad taught him, the paycheck is one of the most damaging things a person can take in their life. It puts an individual in the employee mindset, limiting their potential. The entrepreneur, on the other hand, has a different mindset, skill set, and a set of rules they operate by. Kiyosaki argues that entrepreneurship is not just about the business; it’s about the mindset and skill set that enables entrepreneurs to navigate a different set of rules.

The rules are different for employees and small businesses, which is why the rich get richer and the poor get poorer. To become an entrepreneur, one must embrace a new mindset, one that enables them to take risks, be hungry for success, and willing to fail. Kiyosaki describes his own experience when he left his job as a government employee to become an entrepreneur. He had no money and no paycheck, but his rich dad encouraged him to pursue his dreams. His father told him that when he didn’t have a paycheck, he would become hungrier, smarter, and better.

Becoming an entrepreneur is a test of character. When you don’t have anything, you find out who you really are. It’s a chance to become a better human being, or a crook, depending on your character. Too often, people focus on what’s going to happen to them and don’t look at the bigger picture. The most successful entrepreneurs are those who are willing to take risks, learn from their mistakes, and look at the big picture.

The idea of financial security is changing, and the most successful CEOs understand that the traditional path is no longer sufficient. It’s time to embrace a new mindset and skill set that enables us to navigate the new set of rules that entrepreneurs operate under. As Kiyosaki suggests, if you think the next 20 years will be like the last 20 years, you’re going to get creamed. It’s time to start thinking differently about wealth creation and financial security.

Conclusion

In conclusion, the idea of financial security is changing, and the most successful CEOs are advocating for entrepreneurship as a means of creating wealth. The traditional path to financial security is no longer enough, and individuals must be willing to embrace a new mindset and skill set to navigate the new set of rules that entrepreneurs operate under. The paycheck is no longer enough; we must be hungry for success, willing to fail, and always look at the bigger picture.