You might be wondering how you can afford to buy assets when you have a regular job. Is money going to magically appear? Nope, no one’s saying you should quit your job right away. What Robert Kiyosaki emphasizes in his third lesson is the importance of “minding your own business.” Now, that doesn’t mean you should stop caring about other people’s lives. It means taking care of your own finances and making money for yourself, not just for your boss. In other words, “minding your own business” is about making money from your assets, not just from promotions or salary raises.

In terms of personal finances, there’s a difference between your profession and your business. Your profession is the job you do to pay the bills, like being a teacher or a chef. Your business is what you invest time and money in to grow your assets. So, how does this fit into Robert’s journey to financial success? When he was young, his “poor dad” told him to focus on finding a secure, well-paying job. But his “rich dad” told him to start buying assets. Guess whose advice he followed? You got it – Rich Dad’s. He even started his own business at age 9, renting out comic books to kids in the neighborhood.

As he got older, he had a day job too, working long hours at big companies. But he kept his expenses low, invested his salary, and built a portfolio of income-producing assets. This is how he learned to “mind his own business.” Yes, he had a job, but what really made him rich was the growth of his assets. He thought of his assets as his own employees, working for him and making money even while he slept. Pretty cool, right? If you want to get rich, you should have a similar mindset. Your salary alone probably won’t make you wealthy, even with promotions and bonuses. But your salary can help you buy the assets that will make you rich. The lesson here is to understand the difference between your profession and your business, because only one of them will make you rich. You know which one that is.