Rich Dad Poor DadMy point is that it’s those doubts and cynicism that keep most
people poor and playing it safe. The real world is simply waiting for
you to get rich. Only a person’s doubts keep them poor. As I said,
getting out of the Rat Race is technically easy. It doesn’t take much
education, but those doubts are cripplers for most people.
“Cynics never win,” said rich dad. “Unchecked doubt and fear
creates a cynic.” “Cynics criticize, and winners analyze” was another
of his favorite sayings. Rich dad explained that criticism blinded while
analysis opened eyes. Analysis allowed winners to see that critics were
blind, and to see opportunities that everyone else missed. And finding
what people miss is key to any success.
Real estate is a powerful investment tool for anyone seeking
financial independence or freedom. It is a unique investment tool.
Yet every time I mention real estate as a vehicle, I often hear, “I don’t
want to fix toilets.” That’s what Peter Lynch calls noise. That’s what
my rich dad would say is the cynic talking, someone who criticizes and
does not analyze, someone who lets their doubts and fears close their
mind instead of open their eyes.
So when someone says, “I don’t want to fix toilets,” I want to fire
back, “What makes you think I want to?” They’re saying a toilet is
more important than what they want. I talk about freedom from the
Rat Race, and they focus on toilets. That is the thought pattern that
keeps most people poor. They criticize instead of analyze.
“I-don’t-wants hold the key to your success,” rich dad would say.
Because I, too, do not want to fix toilets, I shop hard for a property
manager who does fix toilets. And by finding a great property manager
who runs houses or apartments, well, my cash flow goes up. But, more
importantly, a great property manager allows me to buy a lot more real
estate since I don’t have to fix toilets. A great property manager is key to
success in real estate. Finding a good manager is more important to me
than the real estate. A great property manager often hears of great deals
before real estate agents do, which makes them even more valuable.
That is what rich dad meant by “I-don’t-wants hold the key to
your success.” Because I do not want to fix toilets either, I figured out