Page 123 - Rich Dad Poor Dad for Teens: The Secrets about Money--That You Don't Learn in School!

magazine. They've never done it, and they're telling someone who's doing it
why they shouldn't. The lowest I yield I look for is 16 percent, but people
who are filled with doubt are willing to accept 5 percent. Doubt is

expensive.
My 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 i

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.