What exactly is an asset? In this video, we will talk about the 10 assets Robert Kiyosaki recommends that will help us accumulate wealth over time.
We'll utilize Robert T. Kiyosaki's term from Rich Dad, Poor Dad since it's quite beneficial. As a result, everything that offers us more money than it costs is an asset, as does anything that makes us wealthy over time. For the time being, we'll accept anything that requires just a modest bit of time, effort, or money once or for a short period of time yet provides long-term advantages. That implies we'll be able to profit from it for the next 10-15 years. Many would argue that keeping the money at home makes more sense since it will not produce any income. I entirely agree with you, but consider this: why do companies like Apple, Berkshire Hathaway, and other huge Indian organizations like Infosys, Reliance, and Tata have cash on hand? They conserve money in order to have it accessible if they ever have the opportunity to grow in the future.
How many people would agree that people and groups are assets? They most certainly are. How does Apple manage to make such high-quality goods? Because of their commitment to worthy people, they compensate them fairly. That is how they produce such high-quality things. Thus, teamwork is highly valued in all of these digital firms, not just those. Every company recognizes the need for collaboration. However, firms may have contemplated employing the personnel individually. If they buy the whole firm, the workforce will already be there, and the process will be sped up. As a result, we must recognize that folks who offer their time and energy are valuable assets to us. #assets #robertkiyosakimotivation #richdadpoordadbook
Time Stamp
00:00 Introduction
01:18 Paper Assets
02:15 Commodities
02:41 Cash
03:30 Equipment and Machinery
04:21 Intellectual Property
05:24 Brand and Goodwill
05:49 People
06:46 Content
07:28 Real Estate
08:56 Business
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