Taking The Right Attitude Leads To Success In Real Estate

There's got to be a difference between the type of person who strike it rich and the average Joe, but what is it, really? This question is an important one, and it should be given the thought it deserves. There are plenty of easy, oversimplified responses, including, "Their family is rich," "They won the lottery," or "They have great careers." But these factors can't always be controlled by the individual experiencing them-- is wealth really dictated by the luck of the draw?

The bad news for those lucky people is that being in those circumstances is no guarantee of wealth. In fact, according to Robert Kiyosaki, author of the Rich Dad book series, it isn't about how much money you bring in, but how much money you keep that determines how wealthy you are.

Kiyosaki's father, the titular "Poor Dad," was no bum; his work earned him more than enough to live on. The problem was, however, that none of his money was left at the end of each quarter

Fortunately for you, the circumstances of your life, such as the family into which you are born or the salary you receive at your job, are not what will determine whether or not you become rich.  Being wealthy depends on internal factors, not external circumstances.

That's right, folks-- becoming rich has more to do with how you think than who you are and what you've got.

Kiyosaki's "Rich Dad" demonstrated the effects that one's personality and attitude have on the way in which one earns and handles money using a graph called the Cash Flow Quadrant. This graph is split into four quadrants, labeled 'E,' 'S,' 'B,' and 'I'-- "employee," "self-employed," "businessmen," and "investor," respectively.  Not only do these four categories show how a person earns his or her money, claims Kiyosaki, but they shed light on the way in which different individuals view the world.

Are you beginning to see? The people in the four quadrants are not there by chance; they are there because they experience life in fundamentally different ways. 

According to Kiyosaki, the people who fit into these four categories are fundamentally different in their thoughts and emotions, and these essential differences drive individuals to behave differently towards their money.

Because of individuals' innate natures, says Kiyosaki, they are drawn to different corners of the graph.  This is because different people have different values, and will treat money differently based on these attitudes.  A  person who values security above other things will definitely be drawn to the 'E' corner of the graph, and the consistency is offers.  There's nothing wrong with that-- if security truly is what you desire, a life spent as an employee will be satisfying and fulfilling.  It is worth noting, however, that it is highly unlikely that an occupant of the 'E' corner will ever become truly rich.

Though the revelation that wealth simply depends on your attitude and personality may initially seem rather intimidating, you should take it as encouragement.  Even if you don't see yourself as a lucky person right now, rest assured that you can, if you have the drive, become wealthy.

Real estate is a great place to start for prospective investors; it's what made "Rich Dad" rich in the first place!  In order to become a real estate investor and start building your fortune, all you have to do is make a decision to stop working for a paycheck, and put your paycheck to work for you.

Alexandria P. Anderson is a licensed Minnesota Realtor that helps people to find and purchase Richfield Condos and other Homes in Richfield, MN.