WHY “A” STUDENTS WORK FOR “C” STUDENTS BY ROBERT KIYOSAKI

After reading the book “Why A Students Work For  C Students”,  I want to share with you guys what I have learned from the book.

In his book, the Author Robert Kiyosaki talked about a strange new principle:

he believes that schools and colleges release a batch of employees, and in them, there will be the ‘A Students’, the ‘B Students’ and the ‘C Students’.

 Kiyosaki explains that even though the A Students are the ones who study well, memorize well, and give the best tests, they end up being employed by the C Students, that is, the creative thinkers, dreamers, and future entrepreneurs of the batch. And guys as weird as it may sound; this theory is in most cases true: the C students, that are the backbenchers who have failed a thousand times before finally succeeding in making their own business, become more financially stable than the others.

 Having failed so many times in their life already, these people knew how to tackle it in their career and were unafraid to take the risk of setting up a new business –  a characteristic that is somewhat lacking in a top tier student for whom failure may be a foreign concept.

Click here to download the Ebook  as PDF

Now let’s take a second away from Kiyosaki’s theory and talk about another concept, the parent theory. Study hard, get A’s, find a job, buy a house, buy a car… the parent theory goes something along the lines of this.

 But the flaw in this theory is that it doesn’t let a child find and nurture his own unique gift, and neither does it make them financially stable in the future. If parents could focus on personal development motivation for their children instead, help them find the path they can walk on with genuine love and passion, in the long run, it would be much more beneficial than a stamped piece of paper with a test grade.

In our rapidly advancing world, every graduate wants the things he has been taught to want – the job, the house, the car – and they believe that using the money and investing it into a nice car or home is an asset. In Kiyosaki’s book, we learn that this is not the case. Dear Reader, if you add up the tax payments, fuel expenses, and whatnot, you shall soon understand that these expenses are the reason you are close to getting bankrupt and very, very far from becoming rich. There are far more lucrative ways to invest your money and I will be doing you the massive favour of naming some

There are a few things poor people do that the rich don’t which makes all the difference when it comes to making money. The first is that poor people have only one source of income. Be it their bank job or role as a software engineer, since they’re dependent on just one source of cash, this category of people makes themselves extremely vulnerable if that income source is lost. Don’t believe me? Then consider the words of Bill Gates, the richest man on Earth: in order to be rich, a person must have several sources of income at once, which can range anywhere from investments, to profits from the blog you keep in your spare time.

Now, I don’t mean spending haphazardly by gambling or going on relentless shopping sprees (though that will definitely make you poor), I mean spending money on things that are not relevant to your passion, interest or earning method. For example, spending a gigantic sum on getting a college degree is absolutely meaningless if your degree is on mechanical engineering and you, on the other hand, are a person blessed with the talents of Beethoven. Spend on things which will become your asset. 

Here’s another one: purchasing and living in your own house can in no way be considered an asset. You are paying for the house’s taxes, mortgage, bills and a thousand expenses aside. However, if you rent a room or two for a person to live in your house? That my friend is an asset. The house is giving you money, and paying for all the hard-earned dollars you invested in it.

There is one more important thing which poor people do and the rich don’t: they stay in one place. If you are thinking about how to increase your income fast, change will have to become your best friend. Staying in the same place, in the same job for too long can really hamper your career and income, unless you get some very big promotions (and that too, quickly). If you can look out for and seize new opportunities along the road, then soon you too can enter the rich guy’s neighbourhood.

source: www.beginnertuts.net