Hamburger talk

"How many people can cook a better hamburger and food than McDonalds? I bet you can, and almost everyone else can. But how come McDonalds makes a lot more money than you do?" - Robert Kiyosaki.

There are so many people in this world with extraordinary talents but are still poor because they focus on cooking a better hamburger yet know little or nothing about business of marketing and selling.

The reason why schools don't teach us how to make money is because schools could not differentiate the fundamental difference between a profession versus a business. Ray Kroc, McDonald's founder separates between profession and business: his profession is about selling (hamburgers) this is what he works for on daily basis and get paid by the hours, yet his business is the accumulation of income producing real estate (asset), where his true wealth amasses without himself being at work. Most of us focus only on the income from our profession because this is what our school teaches (ie get a good education then find a stable high pay job in a good company, this causes you to depend on you salary to live, to work for money and play safe with your money rather than to let money work for you). School teach you to invest in your profession, but not in your business (income producing asset). It is business that can give you long term financial freedom, while profession will only provide you with financial security...as long as you are still working and not retired...but how long can you work for, your whole life? This is why investment in income-generating asset is important. The earlier you start, the better. But its never too late.

There are valuable skills which you will learn from working in professions, these are necessary building-blocks to assist you in constructing a business and help you make a leap, such as understanding of leadership, communication, production, networking, and public relations. The purpose of profession is to learn necessary skills, while helping you to accumulate capital to pay to start up a business. In summary profession is essential in learning the skill set and knowledge about the process (business models), while help you earn enough asset to make a transition towards business building.