If you look at any successful business, you’ll find the following pattern:
Problem > Solution > Problem > Solution > Problem > Solution
Financial Intelligence -------------------------------------------------→
Good companies see problems in the world and find solutions. The most successful ones find the best solutions. Within those companies are extremely smart men and women who have a high financial intelligence that comes from a solid financial education, which they apply to help solve these problems and make money from those solutions.
Do you want to be rich?
But, if you also understand that the process of solving problems is what makes you rich, you’ll welcome problems when they come into your life or when you see them in the lives of others.
Once you start solving not only your own problems but also the problems of others, your ability to grow rich skyrockets.
People will pay you a lot of money to solve their problems.
The bigger the problem you solve, the more money people will pay you.
For instance, I pay decent money to my housekeeper to keep my house clean. But I pay my doctor more money to keep me healthy and alive. Why? I can live with a dirty house, but I can’t live with disease.
I used to have to hire a couple employees to help me do what my MacBook helps me do in less time. I now gladly pay a few thousand dollars every couple years for computer equipment. Apple solved my problem of inefficiency and higher costs. That’s a valuable problem to be solved.
In our real estate investing, Kim and I make a lot of money because we solve a big problem, quality housing at affordable pricing. And our company, Rich Dad, makes a lot of money because we solve people’s financial education problems.
The more we work at solving these problems and finding solutions to the biggest ones we find, the more money we make.
Solving problems takes financial education.
As I mentioned earlier, the most successful companies grow rich by solving big problems through financial education. They know how to not only make the right product to solve a problem but also how to make a lot of money doing it.
If you want to become rich, you must also both solve problems and increase your financial education to learn how to make money from the solutions you provide, whether they are products or services.
Today, I encourage you to begin looking at the world as one ripe with possibilities of problems to be solved and profited from.
Start with the simple question, “What’s my problem?” And work from there. Chances are that if you solve your own problems, you’ll begin to solve other’s problems too.
I also encourage you to continue increasing your financial education so that when the money from solving problems comes in, you’ll know what to do with it to make even more money to solve even bigger problems.
So, what’s your problem?