Friday, December 30, 2011


My third lesson from Rich Dad, reminds me of a comment that was making waves in the political environment in Ghana some months ago. The well like " Di wu fie asem" by Prez.Atta Mills,which translated literally means "Mind your own business". Well, Rich Dad also tells us to mind our own business!So what that this mean?
The secret is: "Mind your own business” Financial struggle is often directly the result of people
working all their life for someone else. Many people will have nothing at the end of their working
days.”- Robert Kiyosaki
There is a big difference between your profession and your business. Often I ask people, "What is your business?" And they will say, "Oh I'm a banker." Then I ask them if they own the bank? And they usually respond. "No, I work there."  In that instance, they have confused their profession with their business. Their profession may be a banker, but they still need their own business.”- Robert Kiyosaki

Mind your own business,or better still put a business on your mind: There is nothing wrong being an employee, everybody needs to  work for someone one way or the other,but whiles excelling in your current profession seeks out other avenues to accumulate wealth. You can  keep your day job and work all night to develop a business that would pour in money whilst  on your day job.It’s your boss duty to pay you for a month, you need to pay yourself for life.At the end of the day,when you are retired you cannot carry the company along!.It’s not your business.
Your business revolve around your assets column,invest time there.As young  Ghanaians, we need time to build an asset column, before we leave home, get married,make babies  and get trapped in the same financial situations as our parents.We need to build a business that do not require our presence, we own them but they are managed by others. We also need to invest in stocks,bonds, mutual funds and royalties  from intellectual property such a music, script and books.
I now have two investment account with leading financial service industries in Ghana,and working hard to start  a business by the end of much 2012. Watch out I would keep you posted(lol)
“When I say mind your own business, 1 mean to build and keep your asset column strong. Once a dollar goes into it, never let it come out. Think of it this way, once a dollar goes into your asset column, it becomes your employee. The best thing about money is that it works 24 hours a day and can work for generations. Keep your daytime job, be a great hard-working employee, but keep building that asset column.”-Robert Kiyosaki