I was going to write about this rule and use Quotes from both men so I put their post up. There are many others that agree with this fact and you can check it out for yourself. I think the gap is getting bigger it may be as high as 95/5 now!
Why is this? How did we get here? How can we change it? That is what I will be blogging about! Can you be one of the 5% to be wealthy? I believe we can change this and that is why both Donald Trump and Robert Kiyosaki wrote this Book. You can become wealthy online as many are doing, but we have to start helping each other and let everyone make money. We all want deals! We all want to make money! I still believe if I can help 25 people make $5000 per month then I will be happy also. So I want to teach you and grow with you and build wealth together.
This is a post from Trumps blog
Posted by Donald J. Trump and Robert T. Kiyosaki on 12/13/2007 at 8:33 PM
Posted in Entrepreneurship, Success
In their new book Why We Want You to Be Rich,Donald J. Trump and Robert T. Kiyosaki discuss the 90/10 Rule, a simple principle that can get you started on the road to riches today.
What is the 90/10 Rule? Here’s your chance to find out now from two incredibly successful men.
Robert T. Kiyosaki’s Advice on the 90/10 Rule . . .
The 90/10 Rule of Money is something that my rich dad taught me about. I have written about it in Rich Dad, Poor Dad and my other books.
Simply put, in the game of money and the game of life too, 10 percent of the players win 90 percent of the money. For example, in golf, 10 percent of all professional players win 90 percent of the money, and 90 percent of the professional players split the remaining 10 percent.
The 90/10 Rule has served as a trusty rule of thumb in my life. It has helped me identify the things I can do to maximize my success and wealth. And I know it can help you too.
For example, one of the reasons I have not taken up the game of golf as a profession is simply because I do not think I could be in the top 10 percent. Not only do I believe I don’t have the talent, I do not have the desire. However, when I decided to write Rich Dad, Poor Dad, I was not only pretty certain my book could do very well. I knew the book could be extremely successful. I wanted to teach my ideas about success, and I wanted the book to win.
I was right. As an author, I am now in the top 10 percent. In fact, Rich Dad Poor Dad has been touted as the third longest-running best seller on the New York Times bestseller list. And now our new book, Why We Want You to Be Rich, has done very well too.
So if you want to boost your earning potential to new heights, stay fixed on that 10 percent where you can maximize your earning potential. And leave those other pursuits to other people.
And Donald J. Trump’s Advice . . .
I’ve known about the 90/10 Ratio for a long time, but Robert gives us all a good reminder about it.
Pretty soon, if we don’t start paying attention, it could reach the 95/05 ratio, or even 99/01, with 1 percent of the people owning 99 percent of the nation’s assets.
Winners shouldn’t let that happen, and I hope that includes you. How can you tap into the power of that 90/10 principle? It’s important to have dreams.
“A man’s reach should exceed his grasp,” as Robert Browning said. That’s what keeps us going.
I like to say, “If your reality begins with your dreams, your dreams will become your reality.”
Why is that? Because to think otherwise leaves us at the level of mere survival, which is not what most people want. Did you ever hear a young person say that he or she hoped to become a bum someday? I haven’t either.
Usually young people say that they want to be the president, an astronaut, a fireman or a doctor. Those are demanding and sometimes heroic professions and young people have the dreams and aspirations to match them.
Another way to get the rule working for you is to remain young at heart – to aim high and have the enthusiasm and the plans to achieve what you are aiming for.
Don’t hesitate to have wild dreams. They are so much better than having no dreams at all. Pay attention to your dreams, then focus on what it’s going to take to achieve them.
Today’s post is adapted from Why We Want You to Be Rich: Two Men, One Message by Donald J. Trump and Robert T. Kiyosaki. Published by Rich Press.
