Comments on: Book Review: Why We Want You To Be Rich http://www.canadiancapitalist.com/book-review-why-we-want-you-to-be-rich/ Helping you invest and prosper Sun, 12 Feb 2012 00:54:40 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Ajoke http://www.canadiancapitalist.com/book-review-why-we-want-you-to-be-rich/#comment-265054 Ajoke Mon, 20 Sep 2010 05:01:20 +0000 http://www.canadiancapitalist.com/2006/11/20/book-review-why-we-want-you-to-be-rich#comment-265054 Also, one more thing I can add that Jeff Olson also teaches is that there are 3 phases of education: 1.learn knowledge 2.activity knowledge 3.teaching knowledge The point at which you are encountering these books is the learn knowledge phase. Activity knowledge is when you actually go out and apply the things you learn which is where you learn the how to's because you're actually doing it. Once you become an expert at the first two learning phases, you're then worthy of teaching others how to do the same thing which is where Robert and Donald are. They've taken the time, energy and effort to acquire knowledge, apply it and through their combined failures and successes, they've reached a point where they are worthy of delivering educational material to the person who wishes to venture on the same journey. There are no shortcuts here, once you realise and accept that you'll stop looking for the be all, end all book that will help you get rich. Everything adds to the last thing you learned and knowledge is good but only as good as if you apply it! Also, one more thing I can add that Jeff Olson also teaches is that there are 3 phases of education:

1.learn knowledge
2.activity knowledge
3.teaching knowledge

The point at which you are encountering these books is the learn knowledge phase. Activity knowledge is when you actually go out and apply the things you learn which is where you learn the how to’s because you’re actually doing it. Once you become an expert at the first two learning phases, you’re then worthy of teaching others how to do the same thing which is where Robert and Donald are. They’ve taken the time, energy and effort to acquire knowledge, apply it and through their combined failures and successes, they’ve reached a point where they are worthy of delivering educational material to the person who wishes to venture on the same journey.

There are no shortcuts here, once you realise and accept that you’ll stop looking for the be all, end all book that will help you get rich. Everything adds to the last thing you learned and knowledge is good but only as good as if you apply it!

]]> By: Ajoke http://www.canadiancapitalist.com/book-review-why-we-want-you-to-be-rich/#comment-265049 Ajoke Mon, 20 Sep 2010 04:51:56 +0000 http://www.canadiancapitalist.com/2006/11/20/book-review-why-we-want-you-to-be-rich#comment-265049 I agree with TZ, the book is entitled why for a reason. Furthermore, I've yet to find any book out there that teaches you step by step, "how to get rich". I've even taken some of Kiyosakis higher priced investing courses and although they do teach you ALOT more details about real estate investing, there is no course, book, DVD, program, etc that will tell you HOW to get rich.  A personal epiphany I had not too long Ago while listening to a training audio by Jeff Olson made me realise that successful people don't tell you exactly how to do things because the how's don't actually matter. The detailed story of how Robert acquired his wealth is completely different from how Donald acquired is wealth so them telling you exactly how they did it won't really help you because the way they did it with the opportunities they had Won't be there for you. That's not to say that there are no more opportunities available, what I'm getting at is that every individuals circumstance is different.  The purpose of these books, courses, and other educational material is not to spoon feed you step by step information on how to get rich. The purpose is to help you expand your mind by learning more knowledge that you can then go out and apply to your individual situation.  All these great teachers focus on helping you change your mindset so that when you go out into the real world to apply this knowledge, your approach will be different because your mindset is different and therefore you will begin to see the results you desire. It's not rocket science but if you can "get it", then you can get it. Get it? ;-) Anyways it all starts by renewing your mind (books), which influence your words and actions to become the successful person you desire to be. Good luck to everyone on their journey :-) I agree with TZ, the book is entitled why for a reason. Furthermore, I’ve yet to find any book out there that teaches you step by step, “how to get rich”. I’ve even taken some of Kiyosakis higher priced investing courses and although they do teach you ALOT more details about real estate investing, there is no course, book, DVD, program, etc that will tell you HOW to get rich. 

A personal epiphany I had not too long
Ago while listening to a training audio by Jeff Olson made me realise that successful people don’t tell you exactly how to do things because the how’s don’t actually matter. The detailed story of how Robert acquired his wealth is completely different from how Donald acquired is wealth so them telling you exactly how they did it won’t really help you because the way they did it with the opportunities they had Won’t be there for you. That’s not to say that there are no more opportunities available, what I’m getting at is that every individuals circumstance is different. 

The purpose of these books, courses, and other educational material is not to spoon feed you step by step information on how to get rich. The purpose is to help you expand your mind by learning more knowledge that you can then go out and apply to your individual situation. 

All these great teachers focus on helping you change your mindset so that when you go out into the real world to apply this knowledge, your approach will be different because your mindset is different and therefore you will begin to see the results you desire. It’s not rocket science but if you can “get it”, then you can get it. Get it? ;-)

Anyways it all starts by renewing your mind (books), which influence your words and actions to become the successful person you desire to be.

Good luck to everyone on their journey :-)

]]> By: Aaron http://www.canadiancapitalist.com/book-review-why-we-want-you-to-be-rich/#comment-190175 Aaron Tue, 28 Apr 2009 01:55:11 +0000 http://www.canadiancapitalist.com/2006/11/20/book-review-why-we-want-you-to-be-rich#comment-190175 I think TZ puts it very well, the book is focused on WHY not HOW. I can now understand why many people dislike this book. If you read it wanting to learn HOW to get rich, you will be very disappointed. I think it does a decent job explaining WHY. Many of the same issues were discussed in my finance and economics lectures. I think TZ puts it very well, the book is focused on WHY not HOW. I can now understand why many people dislike this book. If you read it wanting to learn HOW to get rich, you will be very disappointed. I think it does a decent job explaining WHY. Many of the same issues were discussed in my finance and economics lectures.

]]> By: L B V PRASAD http://www.canadiancapitalist.com/book-review-why-we-want-you-to-be-rich/#comment-57990 L B V PRASAD Wed, 25 Jul 2007 07:25:09 +0000 http://www.canadiancapitalist.com/2006/11/20/book-review-why-we-want-you-to-be-rich#comment-57990 Dear Readers, I've yet to leaf through Mr Trump & Mr Kiyosaki's jointly scripted new book ; "why we want you to be rich" as i'm trying to catch hold of a paperback edition if it has hit the stands. However,the flg books by Donald Trump are superb :- 1) How to get rich 2) The art of deal sl(1) is surely worth its weight in gold -atleast it was for me. Another book is by Napoleon Hill : Think & grow rich Abv books are great. Kiyosaki's book "rich dad-poor dad is worth it. best regards prasad lbv Dear Readers,

I’ve yet to leaf through Mr Trump & Mr Kiyosaki’s jointly scripted new book ;
“why we want you to be rich”
as i’m trying to catch hold of a paperback edition if it has hit the stands.

However,the flg books by Donald Trump are superb :-

1) How to get rich
2) The art of deal

sl(1) is surely worth its weight in gold -atleast it was for me.

Another book is by Napoleon Hill :

Think & grow rich

Abv books are great.

Kiyosaki’s book “rich dad-poor dad is worth it.

best regards
prasad lbv

]]> By: J h http://www.canadiancapitalist.com/book-review-why-we-want-you-to-be-rich/#comment-32372 J h Sun, 29 Apr 2007 22:03:11 +0000 http://www.canadiancapitalist.com/2006/11/20/book-review-why-we-want-you-to-be-rich#comment-32372 I have read this book and it was well put together by Trump an Robert. It is titled "WHY" because they foresee the major problems in the future regarding pension and social security. And the average America is relying on government to save them but the current debt, oil prices, baby boomers retiring and other factors proves that there will be a lot of disappointed people in financial trouble. And the DO tell you how to get rich. EDUCATE yourself. And if you think you can learn to get rich in one book then you are a FOOL. I have read this book and it was well put together by Trump an Robert. It is titled “WHY” because they foresee the major problems in the future regarding pension and social security. And the average America is relying on government to save them but the current debt, oil prices, baby boomers retiring and other factors proves that there will be a lot of disappointed people in financial trouble. And the DO tell you how to get rich. EDUCATE yourself. And if you think you can learn to get rich in one book then you are a FOOL.

]]> By: Monty Loree http://www.canadiancapitalist.com/book-review-why-we-want-you-to-be-rich/#comment-12848 Monty Loree Fri, 24 Nov 2006 01:40:55 +0000 http://www.canadiancapitalist.com/2006/11/20/book-review-why-we-want-you-to-be-rich#comment-12848 <em>Mr. L Says: I get 99% of my books from the library for free</em> In today's day and age, the cost of unlimited reading is a connection to the internet. The library is good, however, I don't bother any more. I can't read all the information that is available on the net. I only buy computer/programming books as I can't get current books at the library, and the information on the internet is usually spread out over countless websites. Mr. L Says: I get 99% of my books from the library for free

In today’s day and age, the cost of unlimited reading is a connection to the internet. The library is good, however, I don’t bother any more. I can’t read all the information that is available on the net.

I only buy computer/programming books as I can’t get current books at the library, and the information on the internet is usually spread out over countless websites.

]]> By: Monty Loree http://www.canadiancapitalist.com/book-review-why-we-want-you-to-be-rich/#comment-12847 Monty Loree Fri, 24 Nov 2006 01:37:08 +0000 http://www.canadiancapitalist.com/2006/11/20/book-review-why-we-want-you-to-be-rich#comment-12847 I like Kiyosaki. Ultimately he is trying to have people grow from being employed, where they leverage their own time, to being an investor where they leverage their money and other people's time and money. What's wrong with that? I love the idea of having my money do the work for me. I like Kiyosaki.
Ultimately he is trying to have people grow from being employed, where they leverage their own time, to being an investor where they leverage their money and other people’s time and money. What’s wrong with that?

I love the idea of having my money do the work for me.

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/book-review-why-we-want-you-to-be-rich/#comment-12730 Canadian Capitalist Wed, 22 Nov 2006 03:22:21 +0000 http://www.canadiancapitalist.com/2006/11/20/book-review-why-we-want-you-to-be-rich#comment-12730 Lego: That's a good one :) Lego: That’s a good one :)

]]> By: Lego http://www.canadiancapitalist.com/book-review-why-we-want-you-to-be-rich/#comment-12729 Lego Wed, 22 Nov 2006 02:30:16 +0000 http://www.canadiancapitalist.com/2006/11/20/book-review-why-we-want-you-to-be-rich#comment-12729 Dear CC, you might use alternative tactics compare to buying "pop books": learn speed reading, then quickly read the book during your weekly shopping at Costco, squeeze one idea from the reading and put saved $21.19 into your boys' RESP? Dear CC, you might use alternative tactics compare to buying “pop books”: learn speed reading, then quickly read the book during your weekly shopping at Costco, squeeze one idea from the reading and put saved $21.19 into your boys’ RESP?

]]> By: Mr. L http://www.canadiancapitalist.com/book-review-why-we-want-you-to-be-rich/#comment-12716 Mr. L Tue, 21 Nov 2006 20:34:04 +0000 http://www.canadiancapitalist.com/2006/11/20/book-review-why-we-want-you-to-be-rich#comment-12716 With respect to books, I found the following to be a better investment. I am a big reader and even though I can well afford it, I get 99% of my books from the library for free (sure I have to wait sometimes but I always have a ton on order and it's so easy to order the books over the Internet). I end up only buying the books I've already read and want to have or the rare occasional book I really want to read that the library doesn't have. With the money I save I donate some money to the library and pocket the rest. I started doing this once I realized how complete the library's collection is and how difficult it is to even donate books that you are trying to get rid of (even the library didn't want most of my books!). With respect to books, I found the following to be a better investment. I am a big reader and even though I can well afford it, I get 99% of my books from the library for free (sure I have to wait sometimes but I always have a ton on order and it’s so easy to order the books over the Internet). I end up only buying the books I’ve already read and want to have or the rare occasional book I really want to read that the library doesn’t have.

With the money I save I donate some money to the library and pocket the rest. I started doing this once I realized how complete the library’s collection is and how difficult it is to even donate books that you are trying to get rid of (even the library didn’t want most of my books!).

]]>