Page 195 - Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money
P. 195

2. When people receive a raise or come into some money, they often
                      spend  it  because  they  feel  good,  instead  of  paying  off  bad  debt.  I

                      know of a gentleman who inherited nearly a million dollars from his
                      parents.  Immediately  he  bought  a  big  house  and  two  new  cars  on
                      credit.  Instead  of  getting  out  of  bad  debt,  his  elation  got  him  into
                      greater debt. Today he is out of money and trying to save his house.

                    3. When the economy turns down, the “Sales Prevention Department”
                      of many businesses takes control. When sales drop, most business cut
                      back on advertising, promotion, and sales staff. Rather than save, a
                      business  needs  to  spend.  In  a  bad  economy,  the  business  needs  to

                      spend more on advertising and promotions, hire more sales reps, offer
                      more sales incentives, and be more creative. In other words, be more
                      right-brained,  and  communicate  more.  Instead  of  the  Sales
                      Acquisition  Department  taking  the  lead,  the  Sales  Prevention

                      Department  takes  over.  The  Sales  Prevention  Department  of  most
                      companies  is  made  up  of  left-brained  people  such  as  accountants,
                      attorneys, and salaried employees, generally people with strong left
                      brains but terrified subconscious brains. When the Sales Prevention

                      Department  takes  over,  many  employees  lose  their  jobs.  In  my
                      opinion, when times are tough, it is the Sales Prevention Department
                      that should shed a few employees.


                    The  subconscious  brain  thinks  it’s  intelligent.  The  problem  with  the
                subconscious  brain  is  that  it  can  be  your  greatest  friend  or  your  worst
                enemy.  It  takes  a  person  with  higher  intelligence  to  step  back  and
                objectively determine which brain is talking . . . the friend or the enemy.
                When it comes to highly emotional subjects such as money, sex, religion,

                and  politics,  it  requires  a  highly  evolved  intellect  to  be  able  to  detach,
                expand, listen objectively, and then think clearly with both left and right
                brains.  The  problem  with  the  subconscious  brain  is  it’s  reactive,  not

                intelligent, and not able to weigh pros and cons.



                Arguing with an Idiot
   190   191   192   193   194   195   196   197   198   199   200