Understanding the Power of Corporations
Would you agree that knowledge is power ? However, do you have the financial IQ, expertise and knowledge ? A very important skill + knowledge needed to make the money for you to keep and grow it exponentially. Without that, the world pushes you around.
Do you work for money ? Or make the money work harder for you ? Who do you want to give the power to ? Yourself or your employer ?
In life, do you recall, when you were young and studying, you were told to study hard and find a good paying job and climb up the corporate ladder ? Now, would you dare to even entertain the idea of owning your own ladder, your very own climb up the corporation that you owned ?
The above discussion came from Chapter Five : The History of Taxes and the Power of Corporations, of Rich Dad Poor Dad, by Robert T. Kiyosaki.
People in society nowadays are letting them to be powerless in their money management, without a drastic change to grow their assets, reduce liabilities and managing expenses, they would facing a difficult future upon retirement years.
With the 4 Financial IQ expertises listed here –
- Understanding Markets
- Understanding the Law
The right and correct level of financial knowledge would improve your wealth, giving us the power to control our lifestyle, our future and our legacy.
People who work for Corporations –
- Pay Taxes
Rich People with Corporations –
- Pay Taxes
How would you like to own your own corporation ? Is building your own business empire and leaving a legacy inside your heart and soul ?