Golden points to develop copious cash flow | In the startup

By Robert T. Kiyosaki

Many times financially literate people are unable to develop copious cash flow due to following main reasons.

1. Fear

No one likes to lose money. The people who have never lost money in investing are the ones who have never invested. Everyone has fear of losing money in their mind, but difference is how do you handle fear and loss. The fundamental difference between the rich and the poor lies in the management of fear itself. There is nothing wrong with being afraid . One way to overcome this is to start early and take advantage of the power of compound interest. Individuals who start saving at the age of 20 and one who start saving at 30, there is big difference them.

The winners get inspiration from defeat while losers battered by defeat.

Winners know that failure tribes victory, so why fear from failure when it can lead to greatness ? Understanding that not being afraid of failure doesn’t mean that you can’t hate unsuccess. Most people play to avoid losses where as they need to play to win that’s why so many people struggle financially. They have a safe prudent and balance portfolio but it is not a winning portfolio. They are playing to avoid defeat. A balance portfolio isn’t a bad thing but it…