Robert Kiyosaki’s Rich Dad & Mentor is Keith Cunningham! He talked about how successful people like Warren Buffet stay focus on the Rules of the Game.

I am going to summarise it and share what I got out of it. This is my perception.

Making money is a different story from keeping it. How true for me too.  When I was not challenged with money I buy things that I don’t really need.

Stay in one core focussed business – your own!    Do yr own due diligence.

Imagine you are in a debate

Ask yourself as many questions as possible. Questions that you will not ask beginning with “What can go wrong? What can go right?

Most people do not think about what could go wrong.

Ask your team the same questions and see how they answer you.

Most people are intelligent but forgot to use it.

Optimism is not your friend.

People listen to the story, if they like the story, they take the deal.

Emotions = Ideas

Emotions are, a killer!

If you don’t have skillset tools all you got is your emotion.

Luck is not a strategy for wealth.

Getting rich and staying rich is an intellectual game.

Getting rich requires consistency

Getting rich is boring

If you want excitement, climb the Mt Everest without Oxygen

Jump out of helicopter without the parachute

Go scuba diving without your oxygen tank

Listen only to other people’s mistakes & what they learnt about themselves & how they got out. Who they become. 

Don’t listen to  ideas about getting rich , however rich they say they are or looked like they are.

This is Keith Cunningham’s website

http://www.keystothevault.com/news/news_b.html

Excerpts:

In a recent interview, the new CEO of Citi, Vikram Pandit made a startling announcement. He said Citi would divest themselves of businesses that did not fit with the rest of the group. “We’re getting out of all our hobbies and focusing on our core competence.”

This is without a doubt one of the smartest things I’ve heard a Fortune 500 executive say in 25 years! The reality is sticking your nose or your pocketbook into things you know very little about is a prescription for disaster - Keith Cunningham

http://www.keystothevault.com/news/news1.html

For Cunningham, who has mentored thousands of successful business people, the worst offenders advise readers that the way to get rich is through passive income — which means you do nothing and the money will do it for you. “They mistakenly think there is no need to be active in your business or your investments,” he says.

Then, there is the fabled promise of working “on” your business compared with “in” your business. According to this theory, you are a “loser” if you are an employee or are self-employed working in your business. “Apparently, only investors and business owners not directly involved in the day-to-day operations of their businesses have the mentality it takes to be millionaires,” he says.

Tell that to Bill Gates, who, in the first years of building Microsoft personally reviewed, and often rewrote, every line of code the company shipped. Michael Dell or Warren Buffet still regularly clock 60 to 70 plus hour workweeks.

Another common myth found in many bestsellers is that it just takes one brilliant idea and then you can be rich. “Lots of people have great ideas,” says Cunningham. “But if you can’t execute on that idea and show how it provides a sustainable competitive advantage, its just a pretty thought.”

“The key to building and sustaining wealth is to learn and master critical business skills,” Cunningham, says. “I believe the most important skill a business person can have is financial literacy, the ability to read and understand financial statements. Otherwise its like an airplane pilot who doesn’t understand what all the flight control dials do.”

Feel free to expound.

Cheers!

Dolly Yeo

93636559

www.mindset-coaching.com

www.mindset-coaching.com/blog

Get your free chapters of my E-book “Teenager Parenting 101”

Here: www.ParentingWithDolly.com

We went to many seminars over the past few years and the intention is to apply what we learnt. 

It’s great to have a group started to be there for each other.  I know that no man is an island.  No woman is an island too.  You can’t denial that woman now are more educated and can contribute to the evolvement of the society effectively.  In good times and in bad.    The challenge is always the ‘balance’.  

We brainstormed and came up with common shared values. I thought it was fantastic.  For a start, this would be our foundation as a mastermind group.  Thanks to Giselle for intiating this project!  Bravo girls:)

If parents were to think that giving children what you don’t have is good may want to think again.  If children do not know hardship it is harder for them to take setbacks.  He also said, you see why nowadays, there are so many children who cannot take it, turn to undesirable substance and disempowering actions. I tend to agree with him. 

Resilience

Resilience is a process, a life journey. 

Children watch how you handle hardships, challenges and overcome obstacles. This is where the emotional behaviour comes into play.  They do what you do not what you say.  Are we consciously aware of what we think, feel and say?  If you talk about be thrifty, are you?  If you talk about be healthy, are you? If you talk about happiness, are you? How congruent are you?  Food for thought.

Dr Susan Lim, Chairman and CEO of Stem Cell Technologies (i), a leading adult stem cell biotechnology company headquartered in Singapore; Was interviewed in Channel News Asia. She said that we can live upto 150 years old!  Bravo, I like that.  If you have not read my earlier blogs, I mentioned that I walked out of a Seminar several years’ ago with my mind shifted! 

According to the Seminar Speaker, Marshall Thurber, we could live up to 120 years.  From a retiring mindset, I walked out all zesty to do something different!  I believed that I could live upto 120 years and it was a turn around of my thinking.

Dr Susan Lim’s interview reinforced my believe and it’s all very exciting.  I hope men and women experience the same shift in me.  Life just begun!  Where do you see yourself 3 yrs down the road? 5 years down the road?  If it is too long for you.   Think about what are the things you have always wanted to do and have not done.  Be a child again!

What do you want your life to be about?  If there is something you wanted to do and have not done thinking it’s too late, it’s too difficult, it’s no use, think again!! 

Six months’ down the road, what are the List of 50 things you want to do?

• Climb the highest building in S’pore?
• Swim 2 laps non stop?
• Participate in your children’s school’s Cross country run? 
• Join the public speaking club e.g. Toastmaster’s Club? 
• Trek to a waterfall?
• Learn to sing
• Take up a new course for a career change
• Do your own business

How to live a long, strong and joyful life?

Since I walked out of that Seminar and knew that I want to live a long, strong and joyful life, my mindset was shifted. I knew I want to get out of my comfort zone. I do my research and read ferociously.

• Trekked to Jerangkang Falls, Tigers Fall & many others in Malaysia
• Climbed up the 60 storeys Republic Plaza,
• Cycled 40km organised by OCBC
• Swam from Esplanade to the Merlion
• Went night cycling with my children,
• Climbed Mt Aspiring in New Zealand
• Climbed Mt Kinabalu
• Enjoyed the 4-wheel drive into the jungle & camp there
• Set up my Mindset Coaching business 
• Attended loads of Seminars, Courses, talks and got myself re-educated again. 
• I realised I value myself, I am worth it!!
• And many more

From too difficult to Just do it!

I did all the things that I have no idea that I would do before.  They were all too tough, too much work, challenging, no use, all the negative thoughts.  I have learned to trust, let go and trust.  Just do it!

I also realised today that it has been six years already.  If you have not started to get out of your comfort zone, shift your mindset, one thought a day, start today, three years from now, you will see, feel and experienced a new ‘you’.    Guaranteed!

Men are caught up with being bread earners.  Women complain that they don’t help with raising children, help out with household chores.  Some men would say that the women do not allow them to interfere with playing those roles simply because they want to do it their way.  Interesting and quite true.  Women often feel guilty when they are not doing what traditionally are expected of them to do.  By doing so, they feel overwhelmed and end up very stressed trying to cope. 

Shift of mindsets

For women to shift their mindsets, they must first be clear with what they really want in life for themselves. Boils down to expectation of themselves, learning to love themselves and creating ‘me’ time and letting go of their traditional roles.  Allowing their spouse to get involved.  Letting go of being perfect.  Clarity is power.

Self-leadership

It’s about changing the mindsets of both men and women.  The women’s guilt and how men can take on more roles than just being the bread earners and be more proactive in this process. Integrating men and women’s leadership skills.

When we reached the suspension bridge, we had to wait for 20 to pass through the end of the bridge before we were allowed to walk onto the bridge for safety.  Sunday we see many people trekking to Tree Top.  This is an opportunity to rest a bit and talk a lot! 

We got our first parent support group cheers up!  A few of us walking from behind brainstormed as we walked and got the teenagers to ‘approve’ our cheers!  It was useful to have a man in our brainstorming so he knows whether there is the yin and yang factor. 

Here it goes: “PPSG go! go! go!  Peirce Parent Yo! Yo! Yo! Ah ha, Ah ha, Ah ha x3 

That was short sweet and fun!!!  When we reach the ranger station and caught up with the rest, we show off our Cheers!  They had a good laugh.  My enjoyment is to see parents let down their hair and have fun!

We talked about it during our committee meeting but nothing came up.  In a different environment where we are relaxed and creative,  that we got our cheers up!

Now my next adventure would be to go back to Lake Kenyir in Trengganu.  I was there when my eldest was only 4 yrs old.  Today she is 20!!  How time flew….life is about living in the moment and having fun.  This is who I am.  The waterfall in Lake Kenyir is big and beautiful.  You can either choose the chalet or sleep on double decker in the floating boat. I would love to go back there to swim and have my natural facial spa! The real energy from the waterfall not from some machine …. hmm.. so looking forward to it.   Time for research to see who is organising this.

When was the last time you had fun? What do you do for fun?

• Be clear with where you are right now in the areas of your life, finance, health, relationships etc.
• Be clear with where you want to go from here in six months’ time.
• What are the resources you need to get there.
• Who else can help you?
• Continue Education is the key to increase knowledge and do what it takes to take the actions. 
• Focus on your visions and take ACTIONS! 

I just attended the National Achievers’ Congress with Robert Kiyosaki’s entourage of Rich Dad Poor Dad speakers who specialised from Branding, Stocks, Commodity, Real Estate, Sales Partner, Heart Surgeon, Buddhist Teacher. There was T Harv Eker and Greg Secker.

All these Gurus advocate the real learning experience which is adapted from Cone of Learning from Dale, 1969.  The illustration of the Cone was given to us from Rich Dad.

1) Doing the real thing

2) Simulating the real experience

3) Doing a dramatic presentation

4) Giving a Talk

5) Participating in a discussion 

My daughter’s school has co-operative learning, Wow!  that means getting the students to do presentation.

I have been in the Toastmasters Int’l movement for more than a decade and at last I get to see this form of learning in a neighbourhood school!  I offered to give them my materials on how students can use the ‘GROW’ model to integrate into how they can use life skills to develop students holistically.  To also find out how students learn and create a buddy system such that teachers can practise ‘Teach less learn more’.

Sounds like they are integrating the right brain and left brain and going into feeling! Time to celebrate!!

The social emotional learning is taking shape!

From negative to positive thinking

This reminded me of a time when I was in the same predicament.   The positive thinking and the positive energy from a Coach is uplifting.  She said, I wish the people out there could be as positive as you.  The way they talked are “noise” that held me back from the decision that I have made.  Now, I feel uncertain.  We went through some powerful questions.  She thought about her thinking and cleared up her doubts.  She was sure of what making that decision would give her.  More confidence, more time to have a balance life, better relationships with her children and more income!

Want breakthroughs, stay away from negative people

The breakthrough will come when she take the actions that were generated from that decision.  We shall see in due course.  I can definitely empathise with her predicament because of the negative environment she is in.  “Noise” are unfounded fears from people who may mean well, thinking that they are protecting you; But they do not know what you really want.  It’s based on their own pattern of thinking and their own fear which is projected onto you and is quite often negative.  Unknowingly, they operate from fear.

How a Life Coach can help

A Life Coach can certainly help you with the breakthrough of thinking positive and taking actions that positively move you towards achieving the outcome you want.  This is the support and encouragements that most people need to have a breakthrough. The positive energy is automatically transferred to you.  The confidence comes from having experience that journey.

She shared that when she talk to me, she felt that I thought it was a waste of time and walk away.  It’s so interesting to hear how she perceive what I do.  I walk away thinking she did not need an answer from me and also when I hear her tone of voice that sounded angry.  I did not want to stay in that energy and get triggered into being angry myself.  We talked about facial expressions and tone of voice.  

She felt that she was not angry.  So we had different perception and perspective.  We were speaking our minds.  Finally, what she wanted from me was to empathise by saying “Relax..relax, each time when she complain about something or is stressed.”  All she wanted is for me to listen right through and comfort her! That was an insight, a reminder not to be upset by her tone of voice or venting.  That was a mini-revelation. 

I said to her that it is very important to keep having a dialogue like this so that we get to understand each other better.  We do have ups and downs, and there is no warning.   We talked a bit about my menopause and her hormones changes.   The most important thing is to forgive and let go of our stories so that we don’t go into drama. 

I told her that it is going to be like this, ups and downs and that’s how we change, grow, and by continuing to talk, have dialogues like this, that is the secret to successful parent and teens relationships. 

she said, “There is no such thing as perfect parent.”  I totally agreed with her.  She added, “I just want you to be a normal parent.”  I was wondering what is a normal parent.  Then she said, “Just like when you are a principal, when you go home don’t become a principal, so strict with your children.”  Ha!  I got it.  She said, “Don’t bring your coaching thing home.”  We just don’t want to hear you coaching us.  Thanks for reminding me!    

The ending was sweet.  She fried omelette for me.  My feedback to her was that this small gesture showed that she cares for me and I am very grateful, I love it.  Time to celebrate:)