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Secrets of billionaires

by SHOCK

Created on: June 21, 2007   Last Updated: July 30, 2009

Don't Quit Your Day Job Get Two Of Them!

After an extensive interview with Robert Kiyosaki, I finally got it. You need two jobs and two types of knowledge in order to achieve wealth. In the information age backed with industrial age wisdom, it's clear that you need two types of knowledge in order to create long lasting, sustainable wealth. You need the knowledge you acquired in school or through your vocation; which allows you to read, comprehend and do simple mathematical equations. But, you also need the knowledge of how to build wealth, which you may not have learned in school.

There are many roads to wealth. You can use real estate; network marketing, franchising, business owning, publishing, licensing, investing and many more. The goal is to choose another level of knowledge that you didn't acquire in school. For instance, if you went to school for Accounting; you know how to manage money, but you don't necessarily know how to make money. You know how to charge for your services but if you know anything about true wealth- building; you know that if you trade dollar for time, you can never become wealthy. Here is what Dr. Denis Waitley had to say about trading your time for a dollar amount.

"Time is the trap if you're paid by the hour, by the week, by the month, or by the year. If you have a salary; based upon the amount of time you put in, you cannot become wealthy unless you have the discipline of a monk. You have to learn to sell ideas instead of time."

"The best example would be a physician. A physician gets paid a lot of money by the hour especially a surgeon. I've seen many of them tell me when they're 69 years old, Well, I'm still doing so many a day and so many a week, because I never learned how to invest my money; so that I didn't have to be paid by the hour as a surgeon.' That's the trap we run out of time and you don't have enough hours in your life to afford to be paid for your time. Accountants, Lawyers, Doctors, Speakers and Consultants are in the most dangerous professions because they sell service by the hour. We have to sell ideas, new medical treatments, new pharmaceutical concepts, time-saving devices, time-saving systems and ideas that are worth hundreds of thousands, or millions of dollars that are implemented by other people who say, I don't want to take the risk. I'd rather be paid by the hour.'"

DON'T QUIT YOUR DAY JOB Back in the 70's and 80's, many Network Marketing Companies suggested that you quit your day job to pursue

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