$700 Billion Bailout Plan and What Robert Kiyosaki Says the Solution is For YOU
75
Robert Kiyosaki Tells The Truth Whether We Like It Or Not
I just got off the phone with Robert Kiyosaki. Ok so Mike Dillard and about 1500 other people were on the call too. In fact you can access the recording of this call yourself: http://www.betternetworker.com/podcasts/view/mike-dillard-and-robert-kiyosaki-call
What I've noticed about Robert Kiyosaki is that he doesn't sugar coat his message. If his message hurts your feelings then you are not ready to hear what he has to say. If you don't agree with what he's saying you need to ask yourself why that is.
Robert spoke to my network marketing mentorship organization several years ago. I was very privileged to be among such a small group of people; maybe five hundred as opposed to the thousands he usually speaks to. He said that what he was going to say he wouldn't say to the average person on the street because they weren't ready to hear it and they would run from the room. He spoke the truth then and he's speaking the truth now.
If You Can't Afford To Invest $5000 & Over Age 20 You've Had Bad Adivce
The bottom line on this call was if you don't have the $5000 to attend his seminar in Phoenix and are over the age of 20 something is seriously wrong with the advice you've been given. "If you're not rich today or are afraid of your financial future today or the stock market crash today has affected you; you probably listened to somebody who gave you bad advice."
You most likely listened to a financial planner that sold you mutual funds. These people for the most part took a course to put a certificate on their wall; they work for the bank not you! Most get paid a commission. These people are not your friend! My mother never could believe me when I told her the banker was not her friend. The banks make profits in the billions yearly. Perhaps you listened to what Kiyosaki calls the "depression era mentality: go to school get a good education, get a safe secure job with benefits, save money and get out of debt." At one time it was good advice but that is no longer the case
"If you have that mentality this next depression may be very tough on you; you should be in Mike's business [model, network marketing] because that mentality is alive and well in America and the ones counting on their 401K are the ones that will pay the biggest price." "...if someone that told you job security was important or they told you to save money. That is really bad advice. I've been saying this for years and I've also been saying if you are already concerned start a home based business. Today, if you're not in this business [network marketing] you are out of business."
If you find yourself in this category there is hope. With this recession we are all in currently we need to diversify our income. At the end of this article I offer some solutions.
Read Prophecy by Robert Kiyosaki
If you don't have the money to go to the Phoenix seminar the one thing you can do is read his book Rich Dad's Prophecy: Why The Biggest Stock Market Crash in History is Still Coming...and How You Can Prepare Yourself and Profit From It!
Dillard emphasized that it was ‘required reading' in this economic climate. An AHA for Mike Dillard when he read Prophecy was that the rich make money when the market goes up or down.
You are not financially literate if you are not making money when the market goes down. I remember being at another seminar where Sharon Lechter was saying that financial literacy was as important as reading literacy yet it is not being taught in school.
If you think your house is an asset; you are not financially literate. I heard Kiyosaki once say that people have stopped reading his book Rich Dad Poor Dad when they got to the part where he teaches us our house is a liability.
He didn't say don't buy a house he was simply teaching the difference between an asset and a liability; an asset puts money in your pocket and a liability takes money out of your pocket. In this definition if you stopped working tomorrow would your house feed you?
Robert Kiyosaki Predicted Collapse Of Lehman Brothers
Robert Kiyosaki has predicted everything that is happening now. He predicted the collapse of Lehman Brothers back in March of this year. Go to this link to see the prediction make on the Larry King Show with Wolf Blitzer as host. Note the look on Blitzer's face.
The question that comes to mind is if Kiyosaki can predict the future so accurately; why can't the leaders of the country?
It's time we stopped relying on the government to take care of us and stand on our own two feet. For years we have been hearing that social security is bust; the pension plans are now structured in many cases so that the company will only match what the employee puts in and if that's zero then nothing is put in. Even those that believe they have a good pension may not if their company goes broke. And if you're already retired you better hope you don't receive a letter from your pension company telling you they have to reduce your monthly cheque due to the latest debacle. This has already happened to a client of mine. How many disasters need to happen around us before we finally get that it's time for us to take matters into our own hands?
There are many that desperately want to take charge of their own destiny but have no idea how to go about it. Kiyosaki's actual advice is: own your own business before jumping into real estate or the stock market. So many people miss that part. If you have read Cashflow Quadrant you understand the necessity of being on the right side of the quadrant and that there is a huge difference between being self-employed and being a business owner.
If you are not sure of the difference ask yourself this question. "If I went away for a year what would my job or business look like?" This was a huge Oprah light bulb revelation for me! I was my business; if I stopped the money stopped.
Robert Kiyosaki Endorses Network Marketing
There are only three business models that generate passive income.
- The traditional model is the type that Sam Walton built. It took a lot of years and a lot of money.
- The 2nd model is the franchise model which comes with a cookie cutter system to follow. This takes care of the lot of years it would take to build a business but it still costs a small fortune.
- The 3rd business model is what Kiyosaki refers to as "personal franchise" aka network marketing.
It was so great to hear Robert Kiyosaki endorse network marketing as a solution. Most people read his book and completely miss this part. If you are on the left side of the quadrant "flipping houses" and dabbling in the stock market that does not make you a "B" quadrant business owner. I read somewhere where he said that if you are not earning 70% of your income passively you are not a real investor.
"If I had to do it all over again, rather than build an old-style type of business, I would have started building a network marketing business."
Robert Kiyosaki endorsed network marketing before it was a viable way to make money online. It's a nice shiny vehicle for network marketers to drive if they take the time to get the proper education.
If you have previously tried network marketing without success I would encourage you to try it again; find out what's next in network marketing. Welcome to the 21st century! No more old school methods. If you want network marketing success you may need a new upline who specializes in social marketing or you may need to check out the network marketing training systems that are now available. Find a system that does this, like Renegade University, or create one that meets the criteria outlined in above link. If you do this you'll be ahead of the curve. You will be positioned to attract a ton of prospects to you. Best of all you will be earning a lot more cash flow when you learn to monetize it properly. Visualize a big funnel with small offers along the way leading those potential business partners to your MLM.
Robert Kiyosaki Endorses Network Marketing For The Education
The reason Robert Kiyosaki endorses network marketing is for the education. He has recommended network marketing for years and at a time when GM can drop 31% in a day it is advisable to take his advice sooner than later. "Job security is a myth. If we believe the leaders, Bush, McCain or Obama when they say they will bring high paying jobs back then you must also believe in the Easter bunny." Robert made an observation that jobs always migrate to the lowest paid workers; first Japan, then Korea, China and now Viet Nam and Pakistan. So why are promises being made that they will bring high paying jobs back?
One of the pros for network marketing is that no formal is required. One of the cons to network marketing is that no formal education is required.
The network marketing industry has a tarnished reputation largely due to this fact. For those of you that have read Ann Sieg's blockbuster e-book The Renegade Network Marketer may remember her saying just that. In the end:
"If it's going to be it's up to me." Robert Schuller
On the call Kiyosaki stressed commitment. He said it takes commitment to be an Olympic athlete or to become a doctor. It took commitment to give six years of his life to the Marine Corp. He made a commitment to become rich. We have had life too easy, everything has been handed to us on a silver platter. We have an entitlement mentality. Instead of looking for our own solutions we turn to the government for a hand out instead of a hand up.
I remember the famous line from John F. Kennedy in his inaugural speech January 20th,1961
"Ask not what your country can do for you; ask what you can do for your country."
You are of no use to anyone if you don't first put the oxygen mask on yourself. I have wealthy friends that give more away than I make in a year! When you have more you can do more. We have this perception of the rich that they are selfish and greedy when in reality we need to look in the mirror. Are we spending money on doodads going to the mall and putting it on credit rather than getting our own houses in order so that we are in a position to help others?
And just like a butterfly struggling to get out of its cocoon; if you help it will be damaged and die. That's what has happened to so many of us. We have been enabled instead of empowered. Kiyosaki talks about why he won't help people. They think he is being hard and stingy but in reality he is teaching them. He has relatives that he won't help anymore because they think if he helps them their lives will get better. He can't help them they have to help themselves.
"I can tell you all day what I do but it won't help you...I'm a teacher not a saviour...nobody can save you but you...it's easy to be poor unhappy and unhealthy because it doesn't take any commitment to do that. It takes personal commitment to be the best you can be."
What Can I Do?
The question was asked: "What is the best course of action to take for those that don't want to be a victim?"
- Admit you got bad advice: "Today, are you worried about money, job, health care, retirement it's time to admit someone gave you bad advice, until then you won't change the problem." How true! Awareness is a huge factor. We can spend years wandering around with our blinders on amongst the 95% and think we are on the right road until a major catastrophe happens. We need to dig the well before we need the water.
- Make a commitment. Just as it takes commitment to be healthy it also takes commitment to be wealthy. It all starts with making a commitment to yourself, to your life. Commit to your own life to be wealthy rather than take the easy way out.
- Discipline. You need self-discipline which takes time and consistent effort. The only difference between successful and unsuccessful people is they do what needs to be done whether they feel like it or not.
- Associate with like-minded people. Learn and use their vocabulary. Never say you can't afford it. It's better to say: "How can I afford it?" As soon as you say you can't you shut down your creative process and that's the end of it versus setting your mind to working out ways that you can afford it.
- Take action. They can predict your success by what you do immediately after the 3 day seminar. What are you going to do when you leave? Whats going to cause you to change the way you act.?
I've often mused about if we were taken over tomorrow by a 3rd world country what could I say in my own defense? Why should they show me mercy? "To whom much is given, much is expected." - Luke 12:48. What would I say? Oh I needed to get my nails done or I needed that new outfit or I needed that pair of shoes. We have seriously confused want and need. Now I could say I wanted to help but I hadn't yet found the right vehicle and now that I have found it I will do more...let's just hope it's not too late. Actions speak louder than words.
Whether your excuse is no time or no money or both there are always people out there in the same boat that make it. I remember reading in one of Robert Kiyosaki's books how he lived in his car for a time and Mike Dillard waited tables. Part of their commitment to life is to never be in that position again. If we don't have any money it's time to truthfully ask ourselves why that is.
Robert Kiyosaki Predicts the Future:
- There will be higher inflation. Inflation translates to savers are losers. Every time there is a bailout... "I guarantee; your deposits are secure." George Bush. Kiyosaki: "What a lie. Every time there is a bail-out it means inflation, it means your deposits are less valuable." He then goes on to quote Bush: ''This legislation will safeguard and stabilize America's financial system and put in place permanent reforms so these problems will never happen again. Moreover it says to millions of depositors you will not be the victim of other people's mistakes. We will say I guarantee that your deposits are secure" and then says..but that was President H.W. Bush in 1989.
- The rich will get richer. RK "We have more money coming in today in spite of the crash."
- I'm going to make more money now than ever before
- Most baby boomers will slide from the middle class into the poor
- Social security and medicare are busted
- We are in a depression.
Every 75 years there is a depression with the last one being in 1930. So this one started in 2005 and they last 20 years. Challenge: What are you going to do about it? More multi-millionaires are created during depressions than any other time in history but not if your not committed. More millionaires are made during depression and we are in one.
So, if you are serious about getting rich or wealthy if you don't like that word, you need to know more than your neighbor who is wondering what happened to their 401K, or all the people who lost money flipping real estate.
What Got Us Into This Mess
Robert's final word: "What got us into this problem is:
- the federal reserve printing money
- banks can lend money they don't have.
Obama and McCain can't solve this problem. Good news is it's easier to become an international business person than in any other time in history and more multi millionaires will be made than at any other time in history; also more will move into poverty."
Robert Kiyosaki is encouraging but strong in the end. "Bottom line is there is opportunity here; if they can print money so can we. You can predict the future but if you haven't got commitment to take action or to build your network marketing business you don't have a prayer."
So hopefully this $700 billion dollar bailout has been the wake-up call you needed to take ownership of your life and get you into action. As network marketers our job is not only to give people a wake-up call but to also offer solutions. If you want to position yourself as "a solutions provider" I offer coaching and resources to shorten your learning curve.
Possible Solution
Ann Sieg recently launched a free report: The Attraction Marketer's Manifesto.This report is packed with useful marketing
information and will be worth the read for anyone looking to diversify their income. Click here for your free copy: Special Report
In this report Ann Sieg announces that she is aligning with Mike Klingler of Renegade Professional. This is great news for anyone wanting to have their own work from home online business! Renegade Professional takes you by the hand click by click and teaches you how to take advantage of all the social marketing sites, like this one that are springing up all over. Millions of people are choosing these sites over Google.
In fact Ann Sieg recently interviewed Mike Klingler and sent out a tweet on Twitter.com yesterday and beat out Google! Better Than Google was retweeted 22% more than Googles tweet about Google Voice which is also being launched at this time.
Overwhelmed? Want to Know What do I do Next?
Irene Kirkman, internet marketing consultant, is offering personal assistance for those who have home based businesses or would like to work from home online. The biggest challenge with taking your business online is becoming overwhelmed by the sheer volume of information available. Avoid ‘analysis paralysis’, learn what you need to do next. The number one challenge I hear from people is: "I just want simple.” and “ Can’t you just tell me what to do next?" I have a solution. I know very well what not to do and can therefore shorten the learning curve substantially for anyone that is serious about escaping the rat race.
Watch this short video The Renegade Puzzle for a birds eye view.
Book your 20” complimentary consultation at http://internetworkmarketercoach.com so I can identify your needs and get you started on an action plan.
Or contact me directly at irene.paradigmshift@gmail.com or call me at 604-530-2719PST
I'm sorry I can no longer take phone callls but please feel free to contact me at irene.paradigmshift@gmail.com
PrintShare it! — Rate it: up down flag this hub
Comments
Hi Irene - great information regarding your take on the Kiyosaki interview, his thoughts and recommendations. As you may already know, Ann Sieg credits reading Kiyosaki's Cash Flowflow Quadrant with changing the way she looked at the future for her and her family, and started her on the path into network marketing.
Kiyosaki even has a book in a comic strip format for kids called, Escaping the Rat Race. My son read the book when he was about 8 or 9 and a week or so later explained to an adult why money in your pocket is NOT really an asset.
You are so right about the importance of building residual income and being committed to yourself and your goals. My recent transition into single parenthood has been much easier than it could have been had I not built a residual multi-stream income. Working from home and utilizing the power of the internet has given me a lot of flexibility and I have been able to continue homeschooling my children and buy a house on my own.
It does take work and committment but by tapping into the training and resources available, and great coaches like you Irene,, people can shorten their learning curve dramatically. i wish all this was available when I first got started over 7 years ago!
Great HubPage!
Irene, Great review of the Dillard - Kiyosaki call interview. It is important to note from what Kiyosaki has to say is that whether there is a depressed economy or not - there should always be commitment to ones self. It is always a matter of choice.
Great read, thanks
Irene, you are such a great writer!
Maybe you should be Robert's spokesperson?
The point of this all is that only 5% of the population is considered to be at the level of the World-Class Consciousness. Maybe as more of us write Hubs such as this we can move that more in the direction of 80%. In fact, this is where we are now going. As Robert said, in the future there will be no middle class.
Again, Great job!
Bob Andolina
Hello Irene,
Great review of the Kyosaki-Dillard call. Though I missed the "live" event I downloaded it as soon as it was available. Definitely an eye-opener and a great call to action.
Thanks for sharing ....
Hi Irene
I too listened to the call and took an abundance mentality there and then! It was great to hear the endorsement of network marketing, once again.
And the need for committment. I know this- I was National coach to the South African gymnastics team, and no matter how talented the gymnast was, if there was no committment, they didn't reach Olympic level.
It's the same with our industry. And now with the new internet attraction model we can use, our committment shows tangible results!
Great hub, once again.
Tania
Hello Irene,
This was an excellent write up about the call. I look forward to talking with you in the near future.
Thanks and best regards,
Michael
Irene,
Great article! It's so important for people to realize that we are not doomed because of the financial situation in the world. It is a perfect time to take charge of our lives and prosper. In addition to Kiyosaki's books I would also suggest "Think And Grow Rich".
Sandy Kern
Irene,
Your hubs are kicking some butt and takin names! You are SOOOOO in the zone it's amazing.
Those you mentor are lucky indeed. And those who seek to be mentors would do well to follow in your lead.
Live Your Dreams!
ShellyB
Irene,
Inspiring information on the Kyosaki-Dillard call. In regards to the commitment part - I know so many people who are not committed - to ANYTHING - and then they wonder what could be wrong. Success comes from total commitment. You are well on your way! Great hub.
Wendy Archambault
good article. eventhough i dont agree on certain things in which kiyosaki believes and endoreses, overall this article has come out with good things to learn and apply in one's financial life. on that count i am with kiyosaki. thanks for wring such a informative article.
Nice, very nice I was on the call also, it was exactly what MOST people need to hear, yet are unwilling to. It is still mind blowing that people are having to tighten up yet are out spending as if they dont see the tsunomi that is lingering just off shore. people should, and better wake up, we are not even sure where the bottom is or what it looks like!
I for one am on board, it again still can't believe that people look down at network marketing, Warren Buffet, Donald Trump, etc... all endorse and know the value of it... Keep listening to your broke friends and that is what you'll get!
Well done.
Irene,
You have done a clear and well documented Hub on a very current topic. Made your case. You have clearly offered an alternative for those who want to take back their lives.
Great job. Bookmarked this one for another review.
I love Kiyosaki's work. Rich Dad Poor Dad changed my life. Great article.




















ricklim says:
13 months ago
Nicely done.