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Success Advice

Kim Kiyosaki’s Advice For A Successful Life

Joel Brown (Founder of Addicted2Success.com)

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Kim Kiyosaki

The highly successful business woman and wife of Robert Kiyosaki, “Mrs. Kim Kiyosaki” shares her valuable advice for success in life and in the business world. Kim just jumped off her “Live Rich Dad Q&A Chat” to answer a handful of bugging questions from her followers and fans. Kim Kiyosaki started the Q&A with explaining the importance of finding communities of people with similar goals, passions and drive.

Here is some more golden advice from the beautiful and remarkably successful, Kim Kiyosaki.

 

 

Kim Kiyosaki’s Advice

 

1. How to present a deal to a lender or investor?

There is a rule that says “Money follows management.”

And there are 3 things that you have to keep in mind when bringing an offer to the table.

1. Project
You have to have a great project, what is the investment?

2. Partners
Who are your partners, who are the people who are going to make this happen?

3. Management
Experiences, have they done this type of investment before?

 

2. Staying  away from the debt trap?

Good Debt: Buying a duplex rental property, putting down 15 – 25%, the money you borrow is good debt, after you pay off your loan you end up with cash-flow.

Bad Debt: When you are using money out of your own pocket.

Look for the investments with good cash flow. I would borrow money all day long if it will bring in good cash flow.

The trick is to always have someone else pay for your debt.

 

3. The most important habits that will change your life?

Pay yourself first: With every $1 that comes in the household, take 30% off the top, 10% could go to your investment account, 10% to your savings and %10 to a charity.

Pay yourself for your future first. Get into a habit of doing it with every single Dollar, Pound, Peso, Euro whatever it is.

When I bought my very first property in 1989, part of the money that we had was from that investment account. It’s really tough in the beginning if you are struggling to get by but it will pay off in the long run.

You have to make it a habit to take some percentage off the top.

Today Robert and I practice the same habit except now it is 80% off the top.

 

4. What you can do to think like a millionaire?

One thing Robert and I do is have a plan before we have the money, we have investments prepared for where that money is going to go to. . Right now I am looking at Real Estate deals, we are constantly moving that money, especially when the banks are paying 0.3% interest.

We just bought a liability a vacation house in carolina, first thing we asked how much is it going to cost every month. We found an investment, in the oil and gas industry and right now that investment is paying for our vacation house.

Years ago Robert wanted a new Porsche, he asked me what I though and I said “sure, as long as we can find an asset to pay for it. S we found a mini storage that we leased out and it paid for the Porsche. We still have the Porsche and the mini storage was sold and invested it into an investment building we own today.

If you don’t take action, actively looking, actively making mistakes then nothing is going to happen.

We have to financially take care of ourselves. The government won’t take care of you, they are in it for themselves.

 

5. How to deal with down days

The purpose of a business is to solve problems.

When things really go bad. When I really have a big problem. I have a mantra that I live by, the mantra is: “Something good is going to come out of this mess.” Robert and I have gone through some messes in the past and even recently. When we had to let go of one partner we got 2 fantastic partners which we have today.

Donald Trump said something once, when he was 900 Million dollars down. In an interview someone asked Donald, “Don’t you worry at night?” Donald Trump said:

Worry, who worries?, I take action on things that I can take on, and forget about the other things that I have no control over.

 

6. How to deal with male counterparts In the business world

I never had a problem dealing with Men. If you are smart with your money the world doesn’t care if you are male or female.

The argument is that a lot of strong business women may come across rude or bitchy if they stand their ground in business, and in a mans case, they may be seen as smart. It’s almost like successful business women have a trade-off of being successful with being liked.

Just because you have to lay down the law why do you think of it as rude or bitchy just because it is a woman?

A lot of women say its tough in a mans world, that’s just an excuse, If you don’t like where you are then change your environment.

When it comes to money, a lot of people say they don’t have the money, if you want to get started, you have to get creative to find the money. In that process, a lot of people don’t take action until they are pressed up against the wall, create your own wall, find the investment and make it happen.

Steve Jobs once said:

“You have to be passionate about what you do.”

Passion is what will keep you going when you hit that wall. A lot of women wont take that first step because they haven’t found their reason why, their passion.

 

An Inspirational Picture Quote By Kim Kiyosaki

Kim Kiyosaki Picture Quote

 

I am the the Founder of Addicted2Success.com and I am so grateful you're here to be part of this awesome community. I love connecting with people who have a passion for Entrepreneurship, Self Development & Achieving Success. I started this website with the intention of educating and inspiring likeminded people to always strive for success no matter what their circumstances.I'm proud to say through my podcast and through this website we have impacted over 100 million lives in the last 6 and a half years.

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5 Comments

5 Comments

  1. Finote

    Dec 23, 2015 at 2:52 pm

    Thanks for the great info. Will put to good use.

  2. Robyne Mokalei

    Aug 12, 2013 at 9:28 pm

    Thank you Joel from a 63 year old struggling on a pension but have a dream for my grandchildren beautiful site to be on Joel

    • Joel

      Joel

      Aug 12, 2013 at 10:46 pm

      Thank you Robyne. Happy to hear this inspires you to carry on a great legacy.

  3. lillian

    Aug 10, 2013 at 7:22 pm

    woman power insipred.

  4. Tommy Nguyen

    Aug 10, 2013 at 4:52 am

    i like this women. thanks joel

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Success Advice

6 Important Things to Consider When Choosing an Investor

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how to choose the right investor
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Angel investment is one of the preferred options for starting up your business. Angel investors are successful businessmen, investing their own funds into a potentially rewarding business opportunity. As an entrepreneur, it is crucial for you to choose an investor that can fulfil your specific business needs.

The right investors can add value to your startup, far beyond the capital they bring to your business. You need to be careful in selecting the investors because seed investing is an early stage investment requiring particular skills and experience.

Here are the six important things to consider when screening and choosing the right angel investor for your company:

1. Experience

You should choose investors who have the experience of building, running, or helping startups in the past. They should have a proven record of investing in startups that have been successful in their endeavors. More than their money, their experience is vital, which makes them an invaluable advisor.

Your angel investors should have experience in the same business domain and in-depth knowledge of your industry. If they have achieved success in other domains or industries, they may give opinions on how to grow your business that aren’t applicable in your field. With the requisite experience, they can guide your business through the difficult start-up phase.

2. Trust

Your angel investor should be trustworthy who can keep your company’s confidential information safe without creating problems for you by using that information against you. It is important to choose an investor who gives you not only monetary assistance but also the right guidance and knowledge. A good angel investor is the one who invests in your team along with your business.

3. Risk Taking

The success of your business venture cannot be guaranteed as there are many potential risks that can lead to its failure despite a brilliant idea. It is vital to find an angel investor who is willing to take calculated risks on a rational basis rather than emotional considerations. They shouldn’t be overconfident and they should think differently from the crowd and be willing to learn from mistakes to keep your company going in the right direction.

4. Support

Angel investors who have been a successful entrepreneur can be very helpful to your business. They have it all to guide and support you to develop a successful business and overcome the challenges that your company can face in the initial stage.

Good business angels are very supportive, helping you in problematic situations. They act as a mentor for you to help you achieve your goals by constantly coaching you and supporting you at every step. They provide time and empathy during your tough times.

These investors have an idea about the highs and lows a new business has to go through before it succeeds. They can give you emotional motivation and help you with their expertise and involvement, ensuring success. They will encourage and challenge you at every step of the way and offer you advice when needed to make you grow as an entrepreneur.

5. Expectations

Before you choose an angel investor for your business, you have to ensure that they have realistic expectations about the timeline of the growth of your company and when you achieve your goals. They should even have realistic expectations about how profitable your company will be in the long-term.

Too high expectations can put pressure on your business and make you take risks that can get you off track and not be good for building long-term value of your business. You should select investors who demonstrate flexibility and have reasonable expectations around reporting, communication, and goal-setting.

6. Patience

Angel investors should be patient enough to understand that it takes time to earn profit. They should have the quality of thinking long term and visualizing the bigger picture of your company’s future. Your business angels should be calm and relaxed, and not be the ones who panic and fear to take challenges. It is crucial for them to understand that startups go through highs and lows, and there’s high competition. A good angel investor will remain calm and accept the fact that all new businesses have to struggle in the initial years before they become stable.

When assessing angel investors, you will have to ask them questions about their prior investments, what their expectations are and how much involvement they will take in your business, among other things. You will have to find investors that have the same domain expertise and portfolio companies related to yours.

By considering the above-mentioned points, you will be able to evaluate whether you and the angel investors are aligned and if it is feasible to have a partnership with them in the long-term. Take the help of your network to find the right investors with requisite skills, experience, and funding capacity to get your business global. So, use your due diligence and get the best angel investors on-board!

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Success Advice

3 Reasons Why Getting Clear Is Important for Your Business

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clarity
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Everyone goes through times in their lives where blue skies and sunshine are a rarity. Too many clouds and storms, whether they involve business or personal issues, become the everyday occurrence and keep people from achieving whatever they want to do.

There have been many times on this business journey of my own where fogginess and haze have sent me to the mat. Trying to kick out at a 2-count when being pinned with all of this stuff seems unbearable.

In taking a holistic view (meaning looking at the entire picture) of where I am, what has changed? Clarity. Getting very clear on what I want to do and where I want to focus my creative direction. Yes, I’m a writer, content writer, copywriter, ghostwriter and creative. That’s one element of my own life. Another one involves being a voice for the voiceless in the craniofacial community around the world.

But this is not to simply focus on what I am doing now. This is about clarity, about getting laser-focused on what you want to do. If you have a coach or mentor in your life, then I’ll bet you have heard them say on one or multiple occasions that you have to “get clear” on what you want to offer.

Here are three core reasons clarity is an important factor for your business:

1. You Stand Out From The Crowd

You cannot go anywhere on social media and not see people putting out content. Some may be good; others are meh. It does not matter, though, if it is good or not. What matters is about conversion. Does the content turn into sales? Does it attract and speak to people’s problems?

Not everyone can be a jack-of-all-trades. You become a master-of-none pretty quick. Theories abound about niching down and finding that sweet spot where you can deliver your mastery to those in need. Think of the millions of niches out there: cannabis, fitness, spirituality, relationships, finances, food, and on it goes.

Every one of these niches need people who can come in and put clarity around their products and services. If these businesses are not clear on what they do and solve to those seeking solutions, then they are not going to have clients and eventually will have to shut the doors.

Learning to stand out from the crowd is going to make you a powerful voice in whatever niche or field you are looking to dominate in all the time.

“It’s a lack of clarity that creates chaos and frustration. Those emotions are poison to any living goal.” – Steve Maraboli

2. You Attract A Lot of Clients

If you wanted to apply one of those ancient universal laws to your business – for instance, like the very popular Law of Attraction – then you would understand what attracts people to you. Nikola Tesla, one of the world’s greatest inventors, once said that if people understood energy and vibration alone and how that works then they’d understand a lot of how things actually work in the world.

Clarity brings out a new energy from your words and actions. You come from a place of total and unbelievable awareness where you look around one day and go, “Dang, look at all of the people who want my services.”

Trust me. This is one of those lessons that I have to come back to over and over again. People might know who I am and what I do from this or that space. Yet is it really crystal clear enough to a targeted section of people? Um, it’s still a work in progress.

In order, though, to actually move forward in business and have the level of success that I desire, then clarity must come into play. Clarity attracts clients. They solidly know what you do and what you offer. There’s no wishy-washy stuff taking place. Understand this core reason to achieve clarity and watch what happens to your very own business and brand.

3. You Begin To Believe In Yourself

There’s this ongoing idea around “imposter syndrome” that folks on the interweb love to discuss. Showing up online like you are a real go-getter and hotshot, but offline that’s not the same person…that’s a problem.

“Imposter syndrome,” to me, starts happening when a person stretches out of his or her comfort zone and it feels miserable. Instead of getting up at 11 a.m. after working a night shift job, you get up at 8 a.m. to get a head-start on tasks and obligations around what you do. Thoughts like “this will never work out” or “I’m never going to succeed and get out of debt” start swirling around your mind like a bunch of chattering monkeys.

Clarity, though, allows you the benefit of starting to truly believe in yourself. In his famous book “The Power of Positive Thinking,” Norman Vincent Peale writes in the first chapter’s first line “Believe in yourself.” That’s it. Then the book goes on to describe different ways of building up your positive mindset through prayer, faith, action, and other real-life examples. Peale’s work may not appeal to you directly, but the mere thought of believing in yourself and your dreams is appealing.

“Clarity comes from action not thought.” – Marie Forleo

Find yourself getting clear on what you want and where you want to go and begin to truly believe in yourself and your abilities. There are lots of people who definitely need your services and work around the world. There might even be people right in your own town who do, too.

When tackling the issue of clarity for your business, take these three factors into account. Think about them seriously. Take stock around where this can be an effective place for you to succeed every single day.

Look for the sunshine and blue skies in your business. They are there. All you have to do is some sightseeing and all of it will pop out very clearly.

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Success Advice

How YOU Can Create a Powerful 10 Year Life Vision

Ashley Hann

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Where do you desire to be 10 years from now? Joel Brown, founder of the well-known website and podcast Addicted2Success, breaks down exactly how to gain clarity in your life and create a powerful 10-year life vision. The vision process that Joel teaches has transformed the lives of hundreds and thousands of people who use it.

You can listen to the full podcast interview here with Joel Brown or head over to my website AshleyHann.com for more inspirational podcast episodes.

Joel Brown is the real deal. He travels the world coaching thousands and thousands of people to stand in their vision so they can turn their dreams into a reality. He has been featured in the Think and Grow Rich movie, Entrepreneur, Forbes, Inc., The Huffington Post, Success Magazine and more. He has sat down with well-known thought leaders such as Tony Robbins, Deepak Chopra, Jay Shetty, Gary Vaynerchuk, Grant Cardone, John Assaraf and the list goes on.

This is a MUST LISTEN episode all about gaining clarity, creating harmony in your life and creating a powerful 10-year vision so that you can live the life you’ve always wanted.

Joel Brown (Founder of Addicted2Success.com)

Joel breaks it down for you step by step. In this episode, we go over:

  • The 3 key questions you must ask yourself in order to live a fulfilled life and master your 10-year vision
  • How to define success for yourself and discover what you really want
  • The 8 areas of life to include in your 10-year vision
  • The top, prevalent patterns successful people share and why you should adopt them too
  • The 3 main limiting beliefs and bullsh*t stories that hold people back from achieving their dreams and goals
  • Why dropping perfectionism is so important and what to do instead
  • …and so much more!

If you’re more of a visual person then you can watch my video interview with Joel Brown here:

This is an episode you won’t want to miss. Joel Brown is the 10-year vision expert and teaches his vision process all over the globe to thousands and thousands of people. You’ll want to make sure to grab a pen and paper so you can take notes and action on the strategies he shares with you.

You can connect with Joel Brown @iamjoelbrown on Instagram and Twitter.  Make sure you also check out his popular motivation account @addicted2success on Instagram, Twitter, Facebook and YouTube.

You can listen to the full episode on SoundCloud,Apple Podcasts or Spotify.

OR you can watch it on my YouTube Channel:

RESOURCES:

His event: www.elevatetribe.net

The #1 motivation website he built from scratch: www.addicted2success.com

His Circle of Influence online mastermind: www.iamjoelbrown.com/applynow

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Success Advice

5 Ways You Can Utilize Information Properly and Think More Efficiently

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The mind is a complex system of facets, of which some have yet to be discovered. Still, in spite of all this, there has been enough information to help us gain a rudimentary understanding of it. Thinking is what we all do, although what differs is the efficiency and levels at which we do it.

A lot of things influence the way you think, and most of these factors vary from person to person. However, there are some foundations and basic laws that can help you move from just filtering information and utilizing it to think efficiently.

Below are a few ways you can utilize information properly and think more efficiently:

1. Be quiet and listen

We’re constantly bombarded with information, and the nature of this information determines how we respond. Are you the type of person who doesn’t handle bad or even good news well? If so, learn to take a step back, evaluate things, and look for the way forward. It’s something that stock market traders do all the time, and it works like a charm with practice.

2. Never neglect what your emotions tell you

While a lot of people might not know this, it is true that the conscious thoughts we have only represent a small fraction of the events going on in our heads. At any given point in time, you have the unconscious aspect taking in massive amounts of information, most of which we don’t even know are being processed.

Your brain makes conclusions, good or bad, and starts to generate feelings that rule our emotions in the long-run. So, whenever you have a subtle feeling that points you to a certain course of action or thought, don’t ignore it. At the end of the day, that feeling gets its way somehow, and it’s better you come face-to-face with it and understand its nudges better.

“When you react, you let others control you. When you respond, you are in control.” – Bohdi Sanders

3. Never think while under pressure

Pressure can be good, but a lot of the time, it tends to yield counter-productive results. Regardless of what you’re doing, there are times when you feel pressure. What this pressure does is force you to rely less on the part of your unconsciousness that functions like a trained autopilot system (from all of the training and experiences that you’ve had in the past). Essentially, it forces you to overthink things.

You begin to analyze every aspect of what you’re doing, and you end up using parts of your brain that have no business with the specific activity. So, whenever you take the time out to develop a certain skill, make sure you learn to have faith in your instincts as well.

4. Never focus on one viewpoint

Bluffing is something that professional poker players do almost every time. It’s become an art. However, instead of just bluffing on a whim (which also works at times, by the way), most of them employ a simple trick while playing; they think about how the opposing players would act if they weren’t actually bluffing.

In most cases, the brain tends to search the world for filters in order to confirm the beliefs that it holds. However, the problem with this is that it tends to limit you. At the end of the day, you could be dealing with facts that are just not wrong.

“What’s true of the poker game is true of life. Most people are suckers and don’t realise it.” – Michael Faust

5. What do you love doing?

According to studies, a lot of people tend to have moments of insight and solutions to problems when they’re not even aware of the fact that the problem is being analyzed by the brain. These are usually moments when you take a stroll, listen to your favorite track, brew your favorite coffee, take showers, and read blogs; when you feel relaxed and comfortable.

This is because insightful thoughts are usually generated by an influx of neural activities that occur in the right hemisphere of the brain. The best time to plug into the mind is when you’re stress-free, so make sure that you engage in activities that relax you more often.

How do you go about maneuvering around and making decisions in a world constantly bombarding you with information? Let us know your thoughts and advice below!

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