In 1994, as a 14 year old trumpet player and a student of the Fine Arts, God was developing within me what would become a tremendous respect for the amazing gifts & talents that He instills within His children. He had already instilled within me compassion, a burning desire, and a vision to uplift His people, but at 14 I wasn't quite prepared to take action and I didn't even have a plan to begin with. One day I saw my dad watching a video about how wise people were acquiring income producing assets. For someone who had only received an eighth grade formal education, it still tickles me today that my dad was, and still is, one of the most studied and knowledgeable men I have ever met in my life. Even at 14 years old something about that video he was watching grabbed my attention enough that I began to ask questions about it. The example I was given was simple - "If you have 10 income producing assets, each generating $300 a month, that would create $3000 a month in income that you don't have to work for..." "Brilliant!" I thought. "This is a way for me to focus on empowering people without having to spend the majority of my life focused on making more money!" God was helping me put the plan together. That was the first time I can remember being introduced to the concept of passive income, and that day began my quest to gain the skills I would need to leverage my paycheck and live out my purpose! After school, driven by this idea, I studied every audio, video, and workbook I could get my hands on. Over the years I earned, saved, & went to free seminars, and purchased the systems of people who had already created passive income. Many people were there to “get rich,” I was there to get a plan.
As a sophomore in college just before my 20th birthday, I was introduced to a system that made more sense than any other that I’d seen and studied before. It was like everything I had done up until that point was God testing my faithfulness over what He’d already given me, before He could entrust me with what He had for me next. During that time I was also introduced to a book series (more like a financial curriculum) that begins with a book called "Rich Dad Poor Dad," by Robert Kiyosaki. It was a breath of fresh air! I felt like I'd been introduced to my twin brother from another mother. The author seemed just as passionate as I was about not only letting people know they have a right to become financially free, but also leading the way. Sometimes it’s just when we feel like we’re the only one carrying the torch, God shows us how He’s working through people in places we wouldn’t have even thought to look.
Earlier that year, although I didn't have any money to invest, nor the competence or confidence to use other people's money to invest, I had begun investing my time & efforts. I made the tough decision to dedicate 10 hours a week of my time toward building income producing assets (even when I had school full-time, even when I had work full time, even when I felt like I had no time I remained consistent with my commitment). It paid off… By 2002, now 22 years old (and never having received my college degree) my “asset column” (as Rich Dad Poor Dad would call it) was consistently generating more income, before I got out of my bed, than a good job would have paid me with a college degree! I felt like I had graduated from undergrad, and now entering the "real world". The real world of working on my purpose instead of having to work for a paycheck! I wish that kind of blessing upon all of Gods children. In January of 2003, like an early 23rd birthday present at the luxurious Scottsdale Princess resort in Arizona, I got a chance to celebrate my departure from the “rat race” in the presence of several of my mentors including the authors of Rich Dad Poor Dad, Robert & Kim Kiyosaki! As my education & skills have increased so has our asset column. Today I continue to dedicate at least 10 hours each week to building income producing assets. A large part of my ministry now includes coaching others who are interested in going full-time in their calling. The difference is I have "leveraged my paychecks" and I am free to live out my passion & purpose full-time. Although the journey hasn't always been easy, the sense of freedom I've been blessed to enjoy, the quality time with God and my wife, the ability to travel on a moments notice, the peace of mind, and actually living out the plan and purpose God has placed in my heart has made it all worth it!
There are many types of income producing assets that already exist, and many more to be created (maybe by you). God gave us a mind to think and create with the expectation that we would use it. Creating an income producing asset is only limited to your imagination, your resolve, & your resourcefulness to bring your idea to fruition. This article is not intended to recommend any particular type of income producing asset, but to inspire you to dedicate 7-10 hours each week to acquire & utilize the skills to leverage your paycheck to live out your purpose. Before you invest in anything it is wise to make an investment in your education 1st. Reading the “Rich Dad Poor Dad" series by Robert Kiyosaki, along with "Purpose Driven Life," by Rick Warren and connecting with the PLATINUM Movement at http://thePlatinumMovement.ning.com are excellent places to start. Position yourself around people who have been successful and serve them, interview them, make the decision to be free, and then take consistent action! It's yours!
John 10:10 says "The thief does not come except to steal, and to kill and to destroy. I have come that they may have life and that they may have it more abundantly." - Jesus Christ
Put Mathew 6:25-33 to the test and remember - “Wealth Follows Wisdom.” (Not the other way around). Until next time...
Your PLATINUM Coach,
Fard A. Bell
If you would like more coaching resources like this one, or you have questions or comments, let us know how we can better serve you at [email protected]
Copyright 2009 Fard A. Bell
As a sophomore in college just before my 20th birthday, I was introduced to a system that made more sense than any other that I’d seen and studied before. It was like everything I had done up until that point was God testing my faithfulness over what He’d already given me, before He could entrust me with what He had for me next. During that time I was also introduced to a book series (more like a financial curriculum) that begins with a book called "Rich Dad Poor Dad," by Robert Kiyosaki. It was a breath of fresh air! I felt like I'd been introduced to my twin brother from another mother. The author seemed just as passionate as I was about not only letting people know they have a right to become financially free, but also leading the way. Sometimes it’s just when we feel like we’re the only one carrying the torch, God shows us how He’s working through people in places we wouldn’t have even thought to look.
Earlier that year, although I didn't have any money to invest, nor the competence or confidence to use other people's money to invest, I had begun investing my time & efforts. I made the tough decision to dedicate 10 hours a week of my time toward building income producing assets (even when I had school full-time, even when I had work full time, even when I felt like I had no time I remained consistent with my commitment). It paid off… By 2002, now 22 years old (and never having received my college degree) my “asset column” (as Rich Dad Poor Dad would call it) was consistently generating more income, before I got out of my bed, than a good job would have paid me with a college degree! I felt like I had graduated from undergrad, and now entering the "real world". The real world of working on my purpose instead of having to work for a paycheck! I wish that kind of blessing upon all of Gods children. In January of 2003, like an early 23rd birthday present at the luxurious Scottsdale Princess resort in Arizona, I got a chance to celebrate my departure from the “rat race” in the presence of several of my mentors including the authors of Rich Dad Poor Dad, Robert & Kim Kiyosaki! As my education & skills have increased so has our asset column. Today I continue to dedicate at least 10 hours each week to building income producing assets. A large part of my ministry now includes coaching others who are interested in going full-time in their calling. The difference is I have "leveraged my paychecks" and I am free to live out my passion & purpose full-time. Although the journey hasn't always been easy, the sense of freedom I've been blessed to enjoy, the quality time with God and my wife, the ability to travel on a moments notice, the peace of mind, and actually living out the plan and purpose God has placed in my heart has made it all worth it!
There are many types of income producing assets that already exist, and many more to be created (maybe by you). God gave us a mind to think and create with the expectation that we would use it. Creating an income producing asset is only limited to your imagination, your resolve, & your resourcefulness to bring your idea to fruition. This article is not intended to recommend any particular type of income producing asset, but to inspire you to dedicate 7-10 hours each week to acquire & utilize the skills to leverage your paycheck to live out your purpose. Before you invest in anything it is wise to make an investment in your education 1st. Reading the “Rich Dad Poor Dad" series by Robert Kiyosaki, along with "Purpose Driven Life," by Rick Warren and connecting with the PLATINUM Movement at http://thePlatinumMovement.ning.com are excellent places to start. Position yourself around people who have been successful and serve them, interview them, make the decision to be free, and then take consistent action! It's yours!
John 10:10 says "The thief does not come except to steal, and to kill and to destroy. I have come that they may have life and that they may have it more abundantly." - Jesus Christ
Put Mathew 6:25-33 to the test and remember - “Wealth Follows Wisdom.” (Not the other way around). Until next time...
Your PLATINUM Coach,
Fard A. Bell
If you would like more coaching resources like this one, or you have questions or comments, let us know how we can better serve you at [email protected]
Copyright 2009 Fard A. Bell