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Chapter 6 Notes
Robert's Topics > Chapter 6 Notes > Capitalizing on the Economic Downturn
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10billion - 4/29/2009 5:59:36 AM
Very optimistic - "I have 10 cents and I'm going to buy a yatch"
Hi Robert.

I'm reading Buckminster Fullers biography titled "At Home In The Universe", by Arden Hatch and have read quite a few of his other books. I have my copy of Critical Path and GRUNCH at my desk.

This biography is great and maybe I'm slow, I did Money & You, Creating Wealth, Powerful Presentations, Mastery and Business School for Entrepreneurs in 1994 and now, today I got a whole new cut to precession.

I've been feeling that I should know what it is I'm here to do. I really got that I don't have to know ... and maybe I never will.

I have declared I will cause health and wellness on our planet and that's my life's journey.

My Blog site is 10BillionBillionaires.org and directs some interested viewers to Your Healthy Planet.com where I have developed a structure that is based on many of Bucky's philosophies. It's not complete yet but it's getting close. It's a mmembership site and advertising directory for healthy green and sustainable products and services and designed to bring up to $22k a month back into the member's business, club or non profit organisation.

Thanks to you Robert, and some of my past business partners I have a good understanding of leverage, and my study of Buckminster Fuller and other training has given me the faith to pursue what I know is the truth.

I love your books Robert ... and send my love to you and Kim. You are doing a great job.
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acruztravel - 4/29/2009 4:45:32 PM
rich dad poor dad
THIS BOOK IS LIFE CHANGING!!!!! I WONDER WHO NEEDS A VEHICLE TO HELP ON THIER JOURNEY TO BECOME FINANCIALLY INDEPENDANT??? CHECK OUT acruztravel.com
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golgothaus - 4/29/2009 7:05:07 PM
optimistic
I am 28, just now buying a new home, with the state and fed helping out with taxes. I have RK as my Rich Dad. I feel very optimistic, and feel sorry for those waiting for the old economy to return.

Richard Brimson

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rdecosta - 4/29/2009 11:02:20 PM
I feel optimistic
I feel I am preparing for whatever the marketplace throws at me. I focus on using stock options - covered calls. Do you think this technique will work during this chaos, like real estate?
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vxiarhos - 4/30/2009 12:37:52 AM
Pessimism or optimism
For myself, I am optimistic that I have my thinking in line to benefit from the state of the economy now and in the future. I am pessimistic about the number of people that simply wont realize what is happening to them.

I talk to people everyday that wont accept that what they believe about money is no longer correct thinking. I am saddened to think that these people won't make it financially.

Advanced member
Advanced member
MCMUG - 4/30/2009 3:10:12 AM
Time to Use
My time to use for each week:

1. Rich Dad Books to read on 21 hours.
2. Spiritual on 10 hours.
3. Sleep on 70 hours.
4. Go to Bank on 5 hours.
5. Had Breakfast, Lunch, Dinner on 21 hours.
6. Works on 20 hours.
7. Write the My Blog on 21 hours.

If you any suggestion, send me
Jessekevinsammak@yahoo.com.hk
http://jessekevinsammak.mysinablog.com
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enavarette - 4/30/2009 5:36:42 AM
Optimistic
For the first time I feel optimistic, it's funny but I wasn't doing so well in our old economy. I'm finally getting a financial education through the Rich Dad products and business ventures I'm working on so for once things are moving in the right direction for me. I can see lots of opportunity in this economy and on one hand I wonder if it is at the expense of the poor and uneducated but on the other hand I know that is poor dad thinking and the only way I can make a difference is to grow personally and financially.
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vishalshah10 - 4/30/2009 9:14:39 AM
outside US
Thanks for the great work you are doing Robert.
I stay in India - how would these principles apply here ? or are they borderless?
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Brooklyn - 4/30/2009 11:16:34 AM
Personal ability to capitalize on the economic downturn
I am extremely optimistic in terms of my personal ability to capitalize on the economic downturn in attempts to fin my own financial security and freedom. Although I do not want the downturn that I can see coming, I will not sit back and watch it and suffer in the process. The choice is each of ours weather to go down or up. I am going up. I will prosper as others do not as I have moved past the conditioned behaviors that I learned. The blinders are off and the rose colored glasses have been disgarded several years ago. I will prosper during the downturn as my great grandfather did during "the great Depression."
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peoplepower - 5/1/2009 1:31:32 AM
Personal Optimism
Robert,

I'm optimistic because I understand the nature of the economic crash and meltdown; it is a global mid-term exam to test how many people are passing or failing in financial security readiness. And more important, it exposed the fallacy behind promoting the idea that academic achievement means financial security. Because there are as many people in financial crisis, with degrees, as there are without any degree.

The reality is, we must not only understand how flawed the "learn to earn" theory is, we must wisely replace it with "earn and learn" financial knowledge, basic and advanced.

On a side note, I received prophetic revelation on January 1, 2003, that predicted the year 2008 for the crash. And yes, I wrote about it, and even talked to church groups and sent emails to news media and schools, but nobody took me serious. But I know what and how anyone can jump start their cash flow, especially in this swaggering climate.

Thanks for listening.


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