Page 142 - Why We Want You To Be Rich - Donald Trump, Robert Kiyosaki.pdf

136 I CHAPTER TEN

many jobs going overseas today, more and more people are feeling OUt of
control. It's rough to feel confident when you have very little control over
both your job and your salary and you invest in assetssuch assavings,stocks,
bonds and mutual funds - assetsyou have no control over.
If our education system was doing its job, it would be teaching young
people about the difference between learning to take control and learning
to go through life without control.
In summary, there are three reasons why most people think investing is
risky.They are:

1. They have very little financial education.

2. They invest in investments where they have no control -
investments such as savings,stocks, bonds and mutual funds.

3. They take investment advice from salespeople, who also have
no control over the investment.

Step two is control. Once you understand what you are going to
leverage, your next task is to make sure you have control.

Donald's View

Winners Take Control
Control is all about education. The more financially educated we
become, the faster we can spot situations that are advantageous and
those that are not. Weeding out the bad ideas from the good ones
becomes easier.
I have a lot of interests as a businessman, and I retain control by
keeping an active interest in all of them. I hire qualified people and
trust they will do their best, but I make sure to keep in touch with
them and keep my door open to them. I don't micromanage, but I
know that, ultimately, the responsibility is mine. Knowing that the

WHY WE WANT You To BE RICH