The current state of business affairs is impossible to prophesize on a macro level. With such volatility in many industries, predicting an outcome is more complicated than ever. Thank goodness we have experts we can look to for solace.
The Rich Dad, Poor Dad author has a lot to say about current times. Readers value his no nonsense attitude and real approach to tumultuous times.
In a Tweet Kiyosaki states:
“DO YOU HAVE a PLAN “B”? We are in BIGGEST BUBBLE in world history. Bubbles in stocks, real estate, commodities & oil. FUTURE? Possible DEPRESSION with HYPER-INFLATION. My PLAN B: be an entrepreneur, stay out of stock market, create own assets, use debt as $, save G,S…”
Kiyosaki’s advice is to think outside of the box, and to embrace the side hustle lifestyle. Bringing in extra cash in addition to your main source of income, he says is a must:
“Gold, silver, Bitcoin may protect your WEALTH…but not your INCOME. As economy crashes, stock markets go bust, pensions crash and unemployment rises a SIDE HUSTLE may provide you income. Who knows? Your side hustle may grow into the next Amazon or Bitcoin. Take care. Be aware,” he tweeted.
As we move into 2023, an entrepreneur must be even more adaptable on subtleties, keener on their intuition and have the will to manifest their goals.
Kiyosaki lives for REAL education, as he explains in his new book “Why The Rich Are Getting Richer.” Steady cash flow is a pillar of the Rich Dad, Poor Dad philosophy which includes the four quadrants:
E,B,S,I – Employee, Business Owner, Self Employed, and Investor.
Robert asserts:
“Many of you know I do not invest in equities, bonds, ETS or MFs. Please DO NOT listen to what I’m going to say next: “I would get out of paper assets.” The world economy is not a “Market.” I believe economy is the biggest bubble in world history. God have mercy on us all.”
Wise words to consider from The Real Kiyosaki. And valuable strategy from PBD here:
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