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by Robert Kiyosaki.
Street Smart Versus School SmartMy rich dad was very successful financially for many reasons. At the top of the list was his attitude towards making mistakes. Like most of us, he hated making them, yet he was not afraid of making them. Each time he made a mistake, instead of being depressed, he often seemed happier, wiser, more determined, and often richer from the experience. He would say to his son and me, “Mistakes are how we learn. Every time I make a mistake, I always learn something about myself, I learn something new, and I often meet new people I would never have met.” As I watched my real dad struggle financially and professionally, my rich dad said, “To be successful in the real world of business, you have to be school smart as well as street smart. In school, you’re given the lesson first. On the street, you’re given the mistake first and then it’s up to you to find the lesson. Since most people have not been taught how to make mistakes and learn from them, they either avoid mistakes altogether, which is a bigger mistake, or they make a mistake but fail to find the lesson from the mistake. That is why you see so many people making the same mistake over and over again.” Rich dad said, “I am so rich because I’ve made more financial mistakes than most people. Each time I made a mistake, I learned something new. In the business world, that something new is often called ‘experience’. But experience is not enough. If a person truly learns from a mistake, his or her life changes forever, and what that person gains instead of experience is ‘wisdom’.” The Art of Making a MistakeRich Dad taught us the art of making a mistake and gaining wisdom from it. “The first thing that happens after you make a mistake is that you become upset. At this point of upset, you find out who you really are,” he said, going on to describe the cast of characters who are brought to centre stage when upsets from mistakes occur:
Rich Dad said, “If you want to learn and gain wisdom from this priceless mistake, you have to let ‘The Responsible You’ eventually take control of your thinking.” Mental Attitude Quiz
Approved abridged excerpt from “Rich Dad’s Guide to Investing”. Copyright Robert Kiyosaki and Sharon Lechter. |
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First printed in Pow Wow News, Winter 2000 |
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