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Sunday, December 31, 2006

Amazing Community, Think Like A Winner in 2007



Donald J. Trump, Chairman of Trump University, knows that success begins in your own mind.
So as the year 2007 begins, I'd like to share with Amazing Community his thoughts on success, taken from the pages of my new book,

"Ask yourself whether you're doing what you want and what is right for you."

"Be positive every day. If you're not, no one will think you can succeed."

"Believe in yourself, exude confidence, and get in your competitors' way. Project yourself into their picture and upset their status quo."


"Break loose from your comfort zone by moving forward with the power and momentum that positive thinking creates."

"Zap negative thoughts and replace them with positive ones. Whatever energy you expend will build the positive stamina that is vital for success."

"Ignore the expectations of others. Stand up to your friends, family, teachers, colleagues and those who think that they know what's best for you. Plug into your own energy."

Tuesday, December 26, 2006

Robert's Teachings


A large part of Kiyosaki's teachings focus on generating passive income by means of investment opportunities, such as real estate and small businesses, with the ultimate goal of being able to support oneself by such investments alone. In tandem with this, Kiyosaki defines "assets" as things that generate money, such as rental properties or businesses, and "liabilities" as things that cost money, such as house payments, cars and so on. Kiyosaki also proclaims financial leverage to be critically important in becoming rich.

Kiyosaki stresses what he calls "financial education" as a means to obtaining wealth. He says that life skills are often best learned through experience and that there are important lessons not taught in school. He says that formal education is primarily for those seeking to be employees or self-employed individuals, and that this is an "
Industrial Age idea". And according to Kiyosaki, in order to obtain financial freedom, one must be either a business owner or an investor, generating passive income.

Kiyosaki speaks often of what he calls "The Cashflow Quadrant," a conceptual tool that aims to describe how all the money in the world is earned. Depicted in a diagram, this concept entails four groupings, split with two lines (one vertical and one horizontal). In each of the four groups there is a letter representing a way in which an individual may earn income. The letters are as follows.

E:
Employee — Working for someone else
S:
Self-employed or Small business owner — Where a person owns their own job and is their own boss.
B:
Business owner — Where a person owns a "system" of making money, rather than a job to make them money.
I:
Investor — Spending money in order to receive a larger payout in return.

For those on the left side of the divide (E and S), Kiyosaki says that they may never obtain true wealth. Conversely, those on the right side of the divide (B and I) are supposedly following the only road to true wealth

Robert Toru Kiyosaki


Robert Toru Kiyosaki (born April 8, 1947) is an investor, businessman, self-help author, and motivational speaker. Kiyosaki is best known for his Rich Dad, Poor Dad series of motivational books and other material. He has written 18 books which combined have sold over 26 million copies .


Although beginning as a self-publisher, he was subsequently published by Warner Books, a division of Hachette Book Group USA, currently his new books appear under the Rich Dad Press imprint. Three of his books, Rich Dad Poor Dad, Rich Dad's CASHFLOW Quadrant, and Rich Dad's Guide to Investing, have been on the top 10 best-seller lists simultaneously on The Wall Street Journal, USA Today and the New York Times.

The book Rich Kid Smart Kid was published in 2001, with the intent to help parents teach their children financial concepts. He has created three "Cashflow" board games for adults and children and has a series of "Rich Dad" audio cassettes. He also publishes a monthly newsletter and gives motivational talks around the world. He also writes a bi-monthly column on Yahoo Finance

Sunday, December 24, 2006

Make It Happen in Your Life

by Donald J. Trump

"You cannot teach a man anything; You can only help him find it within himself." - Galileo
In a recent issue of Business Week magazine, I was voted, by their readers, as "the world's most competitive businessperson" and voted by the staff and writers of Business Week as one of the top 10 most competitive businesspeople on the planet. To me, that is a great honor. It also underscores why I emphasize taking the initiative in order to "make it happen in your life."

I am a competitive person and to me that's a good thing, because it's the opposite of being complacent. I've talked before how complacency can keep you in a comfort zone, which isn't always the best place to be. I also compete with myself, which is the ultimate form of competition. Trying to best yourself can make your aspirations even more significant.

For example, I have achieved great success as a developer. I'm the biggest developer in New York. Who do I compete with in that case? The answer is pretty simple: myself. I've mentioned the importance of self-motivation before, and that's one reason why. It's also a great way to challenge yourself and to keep your momentum where it should be-moving forward. I'm always looking for ways to do things better, no matter how much success I may have encountered.

Some people say that's a good way to never find satisfaction. Well, I don't believe in being self-satisfied, or for very long anyway. There's no reason we can't toot our own horns once in awhile, but hey, we all know that the world is moving forward quickly and keeping up with it is important. I like being on the cutting edge of progress. I don't like being someone who sits back and watches it go by.

Unless you plan to spend your time in a café, sipping cappuccino and watching life go by, I'd advise you to take some steps towards making what you want to happen in your life actually happen. The fact that you are reading this now gives me an indication that you're not a café type, but a person who is serious about success and achievement.

There is an old riddle that brings this to light: Five frogs are sitting on a log. Four decide to jump off. How many are left? Answer: Five. Why? Because there's a difference between deciding and doing. Think about that one for awhile and see if it pertains to you. Let's hope it doesn't, but if it does, there's still time to get going and start making things happen in your life.

The first step will be to find out what you love doing. As you know, I'm a firm believer that passion is absolutely necessary in order to achieve comprehensive success. I say 'comprehensive' success because in order to be truly successful, it's important that you feel fulfilled by what you are doing. Otherwise, what's the point? Empty success is success without passion. It's like going to school and tuning in just enough to pass so you can get out and do what you really want to be doing, or having a job that makes you watch the second hand ticking on the clock.

As Galileo said, a teacher's job is to help you find it within yourself to do what it is you should do. Then again, maybe you already know. We've all heard stories of how people bucked the system and defied their teachers and families, and became huge successes. They were persistent and steadfast, but above all they had tremendous passion for what they were doing. That made them indomitable. Michelangelo's family was dead set against him becoming an artist. He became one anyway, against great odds. Einstein wasn't a great student, but he had an amazing mind and he exceeded all expectations.

Either way, the point is to find out what you love and then take the steps to make it happen for you. Learn to compete with yourself and see how much you can accomplish. It's a great feeling to know you have the ability to make things happen in your life. In short, don't watch life from the sidelines. Get out there and go for it!
Donald J. Trump is Chairman of Trump University. He shares more of his advice for achieving ultimate success in the new book, Trump 101.

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