National Achiever Congress 2009

(Sorry for the blurry photo, it was taken via my phone's camera)

Wow! I have learnt so much in National Achievers Con2009 2 days seminar + 1 day wealth expo. It was held on 22-24 May 2009 at Mines International Convention Centre, Kuala Lumpur, Malaysia.

This year NAC is conducted by Robert Kiyosaki and his team of experts and advisors on various topics. They includes Kim Kiyosaki (Robert's wife), Blair Singer (Sales advisor), Kathy Heasley (Branding), Andy Tanner (Option Trading), Kelly Ritchie (Franchise), Michael Maloney (Gold & Silver), Ken McElroy (Real Estate), Tenzin Kacho @ Emi Kiyosaki (Robert's sister), and Dr. Radha Gopalan (Ultimate health).

This team of expertise is a complete package that guide us on how to achieve financial freedom and be rich in our life. I will just sum up the main points of each speaker here.

Robert Kiyosaki

• Robert Kiyosaki explain about his trademark cashflow Quadrant in "Rich Dad Poor Dad", where how the mney flows between the Employee, Self Employed, Businessman and Investor.


• Those on the B and I side are always selling, those on the E and S side are always buying.


• If you are always on the buy side, you are not rich, you will always be in the rat race.


• To be financially free, we must consistently build our Asset column to feed our Income.


• Robert Kiyosaki strongly advice everyone to play Cashflow 101 and Cashflow 202 game to understand the cash flow quadrant, income and expense statement, balance sheet statement and most importantly how can we get out of the rat rate. Once we have played many many times, the concept will be drilled into our head.


• Robert Kiyosaki is not a fan of mutual funds, which he thinks it is ripping people off their money year in year out.


• We must focus on CASHFLOW, not capital gain in all our venture or investment.


• Currency is suppose to move, that's why it is called current. Else there is no value. So Robert says we should not Save our money, we should spend it by investing in something that can generate cashflow.


• He sent a very strong message, don't trust the dollar, the US government is printing USD faster than they can spend it.


• Robert Kiyosaki is cunrently working on a new book, titled "Conspiracy of the rich", which reveals about the world financial situation is in bad shape, because it is part of the conspiracy of the rich. Then he teaches you how to win the game of the Rich. The book is currently available at http://www.conspiracyoftherich.com/ but it will be taken down in July 09 once it is completed. I have read the introduction chapter, and i find it very very interesting.


• When currency collapese, we must have 5G: Gold & silver, Ground (real estate), Grain (food), Gasoline (energy/oil), Gun (A man without 5 meals will turn into a cannibal).

Tenzin Kacho (formerly Emi Kiyosaki)

1. Tenzin is a Tibetan nun. She now involves in Hospice work where she talks to people who are facing death.


2. Through her hospice work, she realised that there are 3 things that dying people often regret, 1) Regret that we didn't lead our life, 2) regret that we didn't forgive or love someone, 3) Regret that we didn't speak out.


3. She sincerely hopes that we don't the 3 regrets when we are on our death bed.


4. Her drive home point is, we must unlimit our believe system that holds back our life. Often than not, our believe system affects whatever we do.


5. We must Accept & Let go and live with a peaceful mind.

Blair Singer

1. Blair Singer is a top-rated international trainer in sales communication and personal development. He has published quite a number of books, including "Sales Dog".


2. Selling requires ENERGY. Kids always win because they have energy.


3. Sales = Income


4. A B C = Always be closing (sales)


5. 6 steps of selling: 1) find someone with money, 2) approach & contact, 3) Present, 4) Turn No into YES, 5) Close, 6) Testimonial


6. Practice selling, it just take a matter of seconds to get your confidence to sell.


7. We must manage our Inner Voice that often prevent us from taking action. Eg. They will not like you, It's too expensive, It's not easy, You are not smart enough, etc. In the end, you inner voice said "You should have tried it"...haha....what an irony. You can read more about this in his book "Little Voice Mastery".


8. If you face objection from customer, just acknowledge it, say thank you or i understand that, then question back, WHY?

Andy Tanner

1. Andy Tanner is an expert in stock and options.


2. Basically he talks about how option trading can make money no matter the market is going up or down.


3. We can buy stock but the objective should not be long term, it should be CASHFLOW.


4. Capital gains only happens when stock goes up, while cashflow is cash that keeps coming in. But of course the best is getting both.


5. He has a system, whereby if a stock meets the criterias, we buy.

Ken McElroy

1. Ken McElroy has been a property management advisor to RichDad organization.


2. Again, he also stresses on CASHFLOW instead of capital gain when we invest in real estate.


3. Before we invest, we must know when to exit.


4. We should buy tenanted or there is ready tenant, and get instand cashflow.


5. We must know the real estate category A, B or C. And his real estate investment strategy focuses on B and C real estate in high growth area because people are gettign poorer each day.


6. We should look at property as business, not investment.


7. A good property investment must have good partner, good finance, and good management.


8. Look for foreclosure which are under value, change it from -ve cashflow to +ve cashflow with better property management.


9. Real estate gives us a leverage on the loan when the property appreciate.

Kim Kiyosaki (Robert Kiyosaki's wife)

1. She has a passion for educating women about money and investing. She draws upon her lifetime experience in business, real estate and investing.


2. In US, 40% women are single or divorce, they have to take care of children. 75% elderly are women, and 80% of them has no finance backup. The problem is serious.


3. Investment is a process, we might go through up and down in the process of accumulating wealth, but if we continue with our effort relentless, we will achieve our goal in the end.


4. She has published a book called "Rich Woman" to help women to achieve their financial goal.

Kelly Ritchie

1. Kelly Ritchie is Rich Dad's fanchise advisor.


2. Business takes Energy.


3. 10 reasons why business fail:

• Can't sell
• Can't sell
• Can't sell
• Started the business with the wrong reason, often money is the mission.
• No mission to drive the business
• No proper team on legal, system, marketing, accounts, etc.
• Wrong pricing/costing
• Bad partner
• Procastinate

Dr. Radha Gopalan

1. Dr. Radha Gopalan is specialist in heart transplant in US. I find myself quite in tune to what he speak about because i practice ayurveda health.


2. He talks about the diseases today such as liver problem and cancer are triggered by emotional feeling. In his many years of medical practice, he noticed that liver patients are afraid to face life, always in denial, and they have addiction. Whereas cancer patients are associated with worthlessness, ashamement, not forgiving.


3. Genetics does not cause a disease, but it might predispose if the condition is right.


4. Our health condition is a composition of physical, mental, emotional, spiritual (sense) and Ethereal (unknown). If there is any conflict between these, it will trigger a disease.


5. Mental = thought + feeling


6. Emotion = thought + feeling + physical reaction


7. We must learn how to manage our emotional to have a Rich Health.

Kathy Heasley

1. Kathy Heasley specialises in building brand name for big companies such as Coca-cola, Proctor & Gamble, Exxon, etc.


2. The know-how it takes to build brands is different than the knowledge it takes to maintain them.


3. Brand definition is Promise + Experience, and the combination of both creates a powerful brand.


4. Brand is about winning.


5. A brand is normally a company's biggest asset in their accounting book. According to report, Mercedes brand worth 27 billion, Mickey Mouse 60 billion, Microsoft 65 billion, Coca-cola 69 billion.


6. Majority of business value derive from branding.


7. The stronger my brand, the more value i become.


8. The stronger my brand, the more powerful i become.


9. The stronger my brand, the more leverage i become.


10. The stronger my brand, the less i have to sell.


11. By enveloping your mind with your heart, you can win the hearts and minds of your customer.


12. Great brand characteristics: Genuine, Meaningful, Different.

Michael Maloney

1. Michael Maloney is a world-reknowned gold and silver expert. During his session, everyone was blown away by his historical facts and figures about gold and silver, he generated quite a lot of interest on this topic.


2. To win big from commodity, we must be able to predict the future though historical facts and figures because history repeats itself in a cycle.


3. Inflation is an expansion of currency supply, Deflation is a contraction of currency supply.


4. The banks reserves overtime has moved from Gold to monetary based to revolving credit and monetary based.


5. 1944 - Bretton Woods monetary system is implemented. Every country is paying tax to US government ever since then.


6. 1971 - Nixon takes US dollar off gold standard. US government is free to print trillions of money.


7. What every bank in the world holds in their treasury in USD is worthless!


8. Bond is dead, US Federal reserves print money and US treasury issue bonds. The bonds are worthless piece of document.


9. Currency not backed by tangible assets will cause the currency to CRASH! And when that happens, everyone will want to buy Gold and Silver.


10. Bailout of companies in US is simply buying collatheral debt from subprime using tax money and money that is printed.


11. Michael Maloney showed us a lot of charts regarding the relationship of gold, money, credit card, silver, but i can't explain it here. You can get his book, Rich Dad's Advisor series, "Guide to Investing in Gold & Silver".


12. We must beware of a lot of Fools Gold sold in the market such as ETF (exchange traded fund), Gold silver funds, pool accounts, gold certificate and mining stocks.


13. The best is to buy physical gold, because that is what people wants when crisis happens.


14. http://www.goldsilver.com/ sells gold and silver and we can opt to store it via Brink Security with a service charge.


15. Silver is for industrial use. At the moment, Silver supply is 8 times more rare than gold. Silver is 1/65 gold value. Silver will outperform gold.


16. The greatest wealth transfer will be when gold and silver price increase many many folds and we can be instant millionaire....and the prediction for this to happen is within these few years. The golden chance is now!


17. Robert Kiyosaki Silver Minting company has produced Silver Medallion to commemorate RichDad company, with the design of cash flow quadrant on one side, and the BI triangle on the other side. I have bought extra during this seminar. If you are interested, can contact me at +6019-2600332 or email me at mytrainingseminar@gmail.com
    

To sum up, i have learnt wealth lot of imformation from this seminar and Silver is the way to go! Thanks National Achiver's Congress and thanks to Success Resources for organizing this event for about 15 years.

I have bought extra tickets for National Achiever's Congress 2010. Success Resources have not announced the speakers yet, but the price will definitely increase once they announce the speakers. If you are interested to register and buy the ticket for NAC 2010, you can contact me at +6019-2600332 or email me at mytrainingseminar@gmail.com.