Page 96 - Why We Want You To Be Rich - Donald Trump, Robert Kiyosaki.pdf
P. 96
90 I CHAPTER SIX
me years ago (and about which I have
written in my other books). While
I realized the reason
most of us have heard of the 80/20
most people invest not to rule, the 90/10 rule applies more
lose is because most specifically to money. Simply put, in
the game ofmoney, 10 percent ofthe
people think investing is
players win 90 percent of the money.
risky or thafinvesting is
For example, in the game of golf, 10
gambling. Many also percent ofall professional players win
believe that to get higher 90 percent of the money, and 90
percent of the professional players
returns meansyouhave
split the remaining 10 percent.
to take on more t isk.
The 90/10 rule has served as a
Nothing could be further trusty rule of thumb in my life
from the truth. (though I know ofno scientific studies
that haveset out to prove it). We've all
- Robert T. J<iyosaki
heard how 10 percent ofallAmericans
own 90 percent of the available
wealth. When you look at real estate
investors, it issafe to saythat 10 percent again own or control 90 percent of
the wealth, with the greatest amount going to the top 1 percent ofthat 10
percent.
One ofthe waysthis 90/10 rule has been useful for me isin choosing my
endeavors. For example, one ofthe reasons I have not taken up the game of
golfas a profession is simply because I do not think I could be in the top 10
percent. Not only do I believeI don't have the talent, I do not have the desire.
Ifyou everheard me sing,you would alsoknow why I did not choose singing
as a career.When I decided to write RichDad PoorDad and create my board
game CASHFLOW, I was not only pretty certain my book and game could
do well, I also wantedto do well, even though I had never been a good writer
or ever developed a board game. I wanted to do well, I wanted to teach and
I wanted to win.
I believe the reason Donald Trump and I got together issimply because
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