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In
December 1984, Kim, Larry and I were on a skiing holiday. At
night we would discuss our plans for the future. Kim and I were
on our last few dollars and Larry was in the process of building
another business. I had talked about it and dreamt about it. But the idea of being financially free was always in the future, not today. "Let's write it down," Larry said. "Once we write it down, we have to do it, and we'll support each other on the journey." Kim and I looked at each other doubtfully. "It's a good idea but I think I would rather just focus on surviving for the next year." "Come on," said Larry. "Let's go for freedom. I don't want to spend my life working just to pay bills. I want to live. I want to be rich. I want to travel the world while I'm young enough to enjoy it." I recalled the words of my rich dad: "The biggest challenge you have is your own self-doubt and your laziness. It is your self-doubt and your laziness that define and limit who you are. It is your self-doubt and laziness that deny you the life you want." It
was time to choose. "OK, let's set the goal to be financially
free." That was New Year's Day 1985. In 1994 Kim and I
were free. Larry went on to build his company, which became
one of Inc. Magazine's fastest growing companies of the Year
in 1996. Larry retired in 1998 at the age of 46 after selling
his company. It's not about how we did it. It's about why we did it. From 1985 to 1994, Kim, Larry, and I focused on rich dad's three paths to great wealth:
* Increasing business skills The why is because I wanted to challenge my own self-doubts, my laziness and my past. It was the why that gave us the power to do the how. My arguments against Larry's idea were things like: "But we don't have any money"; "I can't do that"; "I'll think about it next year, or once Kim and I get settled". Rich dad had told me: "Whenever someone says something like 'I can't afford it', or 'I can't do it' to something they want, they have a big problem. Why in the world would someone say 'I can't afford it' or 'I can't do it' to something they want? Why would someone deny themselves the things they want? It makes no logical sense." My own whys
* I was fed up with being broke and always struggling for money. Things got worse for us before they got better. Kim and I lived in a car for about three weeks after our money ran out. So things did not get better just because we made the decision to retire rich, but it was the reasons why that kept us going. Rich dad used to say: "If you want something, be passionate. Passion gives energy to your life." Passion is a combination of love and hate. "If you want something you do not have, find out why you love what you want and why you hate not having what you want. When you combine those two thoughts, you will find the energy to go get anything you want." For example, I would create the following list: LOVE
* Being rich HATE
* Being poor So
sit quietly to find and define your loves and hates. Then write
down your whys. Write down your dreams, goals and plans on becoming
financially free, retiring early and retiring as young as possible.
Once it is in writing, you may want to show it to a friend who
will support you in achieving your dreams. I have heard many people say: "Money doesn't buy happiness." That statement has some truth to it. But what money does do is buy me the time to do what I love and pay other people to do what I hate doing. © Robert Kiyosaki, 2001 Excerpted
from Retire
Young, Retire Rich -----------------------------
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How
to Become Rich and Retire Young