Cashflow 101 Workshop

[Guest fhoryou]

How did you know?

 

Have you tried it?

 

You cannot say it didn't work because you haven't tried it.

 

Those how did can only say it did but to those who did they never said it didn't work they only said it took a lot of effort and I can give you one example.

 

But answer the question first have you tried it?

 

those things that kiyosaki wrote in his books are not fully applicable in real life.. most especially in Philippines.. here even in Real Estate.. you can get gypped with fake titles.. so its not applicable..

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[Intuition]

those things that kiyosaki wrote in his books are not fully applicable in real life.. most especially in Philippines.. here even in Real Estate.. you can get gypped with fake titles.. so its not applicable..

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fake titles and the like can be traced by real property appraisors. the city provides them, so just go to the city hall... others are freelance (you just have to look for them). you can usually trace an appraisor's authenticity by asking for certificates and verifying it in the bank or the company who gave him such certificate.

 

currently, i'm working with an Ayala Land appraisor/broker since i have yet to get my license (and take tests in the process).

 

just a word of caution - a-holes can gimp you on your commission if you aren't a licensed broker (this happens often) ... so a word of caution when going into a deal who gives you a verbal agreement of 10% thingamajig if you sell his property.

[Intuition]

and oh... just to add:

 

the things RK wrote are applicable in the phils.

 

Just read Larry Gamboa's "Think Rich Pinoy" ... he explained everything pinoy style ... he is cool and all, except that he NEVER replied to my little "fan mail" ... oh well, i guess i just have to wait for him to send me a fan mail someday then *lol*

[Guest fhoryou]

You can actually buy Cashflow 101 board games in Power books and there this other store in greenhills.

 

Do you want to buy one? Maybe we can discounts directly from the supplier.

 

i've read this book already.

 

question:

do you sell cash flow 101?

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[dragonfly]

may cd ako nyan. cashflow 101 at 201. 3 cds pa.

[Guest fhoryou]

wow may CD ka na pala ah. galing hehehe

[mr.bukol]

wow ! interesting toh , make money work for me, how? , meron na kasi ako rich dad poor dad book , pero inaantok ako pag binabasa ko , cguro tong board game mas effective sa kin, wer can i try dis for free??

[THUG]

and oh... just to add:

 

the things RK wrote are applicable in the phils.

 

Just read Larry Gamboa's "Think Rich Pinoy" ... he explained everything pinoy style ... he is cool and all, except that he NEVER replied to my little "fan mail" ... oh well, i guess i just have to wait for him to send me a fan mail someday then *lol*

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well i trade stocks.. and basically i have employed a technique (which is my secret) to pick the best stocks.. and it works for me.. its not written in any book or in any documentation..just pure trial and error and experience what does it form me..

 

i actually lost in stock trading after reading the kiyosaki book.. so my suggestion.. DON'T always follow it.. actually the book is just a guide.. kiyosaki says buy speculative stocks..oh yeah right! easier said than done.. then afterwards your money is gone..

 

kiyosaki says.. buy real estate from the bank..its cheaper.. oh yeah right.. here if you buy an apartment that was foreclosed by the bank the apartment has already been chopped to pieces by the previous tenant.. and you may actually have to shell out a bigger amount to renovate that..

 

what applies to the US does not apply here in the Philippines.. try to follow everything in kiyosaki book and perhaps you will lose money and learn from your experience.. that is what Kiyosaki is trying to imply..

[coldfussion]

di ba merong e-game si kiyosaki na cashflow 101. baka naman meron kayo nung program. pa post naman para malaro namin tnx :cool:

[Guest fhoryou]

wala ako CD ng e-game niya

[coldfussion]

may alam ba kayong nabibilhan ng cash flow 101 ni robert kiyosaki dito sa pinas at kung magkano yun?...

you can pm me for details or you can post it here...tnx

[play_boi]

would you start ur own business or franchise?

 

whats the best business to have w/ this amount of money?

 

me and my sister are planning to put up a business. tig 500k kami pero till now ala pa kami maisip and we are also considering na ang economic situation natin medyo di maganda.

 

tama na ba ang 1M para mag simula?

 

i hope yun mga experienced na sa gantonmg situation makapag bigay ng advice.

 

thanks!!

[bembrat]

i hope you succeed in whatever endeavor you plan to get into.

 

in times of economic uncertainties, it is best to start a business that will satisfy the basic needs-- food, clothing, transportation, etc. dealing in luxury items will not give a good turnover unless these items are also necessities.

 

as to the initial capital of one million, this depends. for example, if you plan to open a soft ice cream stand in front of an area where there is enough people traffic like in front of an ecozone exit for instance, your invested & working capital will probably be a on the vicinity of a quarter of a million.

if you want to open a clothing store in a mall you will probably need more than double that. if you want to go into transporting office workers you may need to buy a van for more than a million if brand new.

 

you also have to consider competition. try thinking of a unique product or service that has not yet been offered by others so that you can price to sell at your convenience.

 

you can opt to franchise or you could start on your own. franchises are more or less surefire ventures but could cost more than the million you initially are considering.

 

starting on your own would require anything from P50k upwards depending on the kind of venture but would need a great deal of luck & hard work on your part. there are of course unlimited options to success but the key is to start small for manageability and always improve and/or innovate on what you do.

[thrall]

Franchise for only P15,000. burger stand,dimsums,waffles,pack rice,hotdog stand,shawarma and many more. Package includes trainings,uniform stall.initial inventory. And best of all YUNG SISTEMA.

[LadyMariko]

Franchise for only P15,000. burger stand,dimsums,waffles,pack rice,hotdog stand,shawarma and many more. Package includes trainings,uniform stall.initial inventory. And best of all YUNG SISTEMA.

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interesting. i heard about this and i wanna try this out.

 

1M is a big investment. and with the economy, i think it would be best to start small first.

that way, if things go wrong ( not being negative, just realistic ), your money out is too small to even say 'sayang'