Don’t Quit Your Day Job Get Two Of Them!

Don’t Quit Your Day Job Get Two Of Them!

After an extensive interview with Robert Kiyosaki, I finally got it. You need two jobs and two types of knowledge in order to achieve wealth. In the Information Age backed with Industrial Age wisdom, it’s clear that you need two types of knowledge in order to create long lasting, sustainable wealth. You need the knowledge you acquired in school or through your vocation; which allows you to read, comprehend and do simple mathematical equations. But, you also need the knowledge of how to build wealth, which you may not have learned in school.

There are many roads to wealth. You can use real estate like Robert Kiyosaki recommends network marketing, franchising, business owning, publishing, licensing, investing and many more. The goal is to choose another level of knowledge that you didn’t acquire in school. For instance, if you went to school for Accounting; you know how to manage money, but you don’t necessarily know how to make money. You know how to charge for your services but if you know anything about true wealth- building; you know that if you trade dollar for time, you can never become wealthy. Here is what Dr. Denis Waitley had to say about trading your time for a dollar amount. “Time is the trap if you’re paid by the hour, by the week, by the month, or by the year. If you have a salary; based upon the amount of time you put in, you cannot become wealthy unless you have the discipline of a monk. You have to learn to sell ideas instead of time.”

“The best example would be a physician. A physician gets paid a lot of money by the hour especially a surgeon. I’ve seen many of them tell me when they’re 69 years old, Well, I’m still doing so many a day and so many a week, because I never learned how to invest my money; so that I didn’t have to be paid by the hour as a surgeon.’ That’s the trap we run out of time and you don’t have enough hours in your life to afford to be paid for your time. Accountants, Lawyers, Doctors, Speakers and Consultants are in the most dangerous professions because they sell service by the hour. We have to sell ideas, new medical treatments, new pharmaceutical concepts, time-saving devices, time-saving systems and ideas that are worth hundreds of thousands, or millions of dollars that are implemented by other people who say, I don’t want to take the risk. I’d rather be paid by the hour.'”

DON’T QUIT YOUR DAY JOB

Back in the 70’s and 80’s, many Network Marketing Companies suggested that you quit your day job to pursue your wealth building efforts. Today, that tune has changed and they now tell you to keep your day job but use your day job income to fund your wealth building efforts. Dr. Waitley agrees, “We should look at a job as something that you do while you’re working your way toward your career. When they ask you, What kind of job do you have?’ You should say, I’m mowing lawns, shoveling snow, working as a waitress, so that I can finance my entry into my career. A job is something you do for extra money temporarily.”

I prefer to give this advice to people who may have chosen a job or career they love but a job or career that doesn’t pay the bills. Teachers don’t make a lot of money, but that doesn’t mean you can’t be rich or pursue wealth and keep your day job, or stay active in an industry that doesn’t yield a high return on your time invested. Robert Kiyosaki says, “Oversimplifying it, I think a person needs two professions. One for you and one for your money. If you look at my profession, most people know me as a Writer; so I work as a Writer, but my money works in real estate. I have to know two different professions.”

UNLOCK YOUR OTHER KNOWLEDGE

The fact is that your ability to create and produce wealth for yourself already exists within you. If you’re like me, you probably have shelves full of books, tapes, CDs, DVD’s, and videos. You probably have attended countless seminars, opportunity meetings, conferences and surfed thousands of web pages. If you have done any of these events, you have the knowledge! Now, it’s time to activate what you already have.

Your second job will be the wealth-building knowledge you have amassed over the years and left sitting on the shelf to collect dust. I joke at my seminars and workshops about two types of people people who have a basement full of exercise equipment and never use; and people who have bookshelves full of books they’ve never read or used. So, there must be a great deal of people on the planet who are both fat and broke!

By learning how to tap into the knowledge base you already have, you begin to release fears and deep seated beliefs that were designed to make you comfortable but not rich. Comfort zones are difficult to break out of simply because they do serve a purpose. They keep us safe. They keep us out of harms way. They keep us away from pain and move us toward pleasure. Well, the truth of the matter is your next level of wealth will come when you unlock the fears, beliefs, traits, characteristics and trepidations that are keeping you in a tail chasing dynamic.

www.johnseiferth.com In the final segment of my interview with Robert Kiyosaki, author of Rich Dad Poor Dad and creator of the game CASHFLOW, Robert talks about moving from the employee world to the business world. This shift is the BIGGEST shift a person can make in the world of business. It requires an entirely different mindset and an entirely different set of tools. Robert also talks about the number on skill of an entrepreneur, the ability to raise capital. Without capital, or cash flow, the entire business will fail. Cash flow is the base, the foundation for making a business successful. We then talk about the many challenges of being an entrepreneur. How success only brings on more challenges. It is the truth. The more successful you are, the more you have to deal with as an entrepreneur. Robert then makes a very good point about the difference between playing it safe and taking risks. The difference between a successful entrepreneur and an employee is the ability to take risks a be on the edge. Employees play it safe because they value security and comfort. Being uncomfortable and taking risks is the entrepreneur’s domain! And finally, Robert talks about how money is the way entrepreneurs keep score. The line between success and failure is very clear and it is measured in how much money is generated. For information on tickets for the next Rich Dad event, visit www.johnseiferth.com The event is 1-3 May 2009 in Scottsdale, AZ. John ps To get DVDs of the “How To …