![]() Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category. These cookies do not store any personal information. ![]() This category only includes cookies that ensures basic functionalities and security features of the website. Necessary cookies are absolutely essential for the website to function properly. If you have enjoyed this post and want to feed my caffeine addiction you can “Buy me a coffee” ️ Please go and rate, review and subscribe on iTunes, Spotify Google Play or Anchor or visit Boostly Hospitality Podcast for the full list of episodes! And you can intentionally create that transformation for other people while educating them while having fun, aka you become the educator of your marketplace and therefore dominate it. We've all gone through transformation, somehow, and this game is at the centre of it. But they're thinking all about, you know that process ahead of time, because here's the truth of the matter. They haven't even gone to university yet. So that they start thinking, well, how can I make $100,000 this year, and they're still in it, they haven't gotten it. Because the sooner they get used to seeing mom and dad have those types of conversations. But normalizing it is what's key and playing it with your kids even better. Right? And it takes a while it can take a while for that to happen. And it takes time to resolve that cognitive dissonance in the game can do that for you to the point where it becomes natural for you to say, Yeah, you know, I woke up this morning and already had $10,000. So my point is, you can get used to those things, because the first time you say something like that it may sound fake or foreign or like Yeah, but that's not me. depends on where you are, right? I got it I got anyway. Because you're like, Okay, what's gonna happen.īut when you can play that board game, you can lower someone's anxiety, your own included, you can get used to saying things like $100,000 a month, or 100,000 euro a month, or pounds. By not simulating you start skipping steps. And the cash flow game is that is the same way as to simulation of the real thing that gives you eye access to an understanding of Oh, so this is how it works. Because to practice, you know, when it really counts, matters, and that's what they do, they put many hours in that thing. But the way you can lower that fear is to simulate, before we put one of our young people into a very expensive piece of machinery known as a fighter jet for the military, they go into a simulator, period. And then we have to deal with greed during the selling process. One of the reasons we are often because humans we're scared we get we have fear during the purchase process. And that board game is the simulation before the real thing. And if you've read Rich Dad, Poor Dad, same guy, okay. 20 years 30 I don't know, 25 years or so. The cash flow board game is the board game that I'm referring to is made by Robert Kim Kiyosaki. Here's the video for this episode: TimestampĠ1:50 The Cash Flow board game Whilst you’re hereįollow Boostly on the following channels to get more tips, tactics and knowledge on how you can increase your direct bookings ![]() This is a recap of my Facebook live where I talked about the Cashflow board game. Plus, the liabilities don’t reduce as you progress, which is misleading.Welcome to Boostly Podcast Season 11 Episode 142. However, while the gameplay is easy to follow, the nuances of financial terms can be lost without the help of a guide. You have to purchase stocks, properties, and businesses until your expenses are covered and you get switched to the Fast Track. Some spaces will either give or take away from your cash. For every chance to roll, you can take a break first to review your financial statement on the side and either repay liabilities or borrow money. There’s no end here as the goal is to just acquire enough passive income that covers your monthly expenses, repays your liabilities such as mortgages and loans, and fulfills your dream. You roll the dice to see where you land on the board. Your starting job, however, is set by the game and the challenge here is to manage what meager finances you earn while investing in the right opportunities to make your money grow. These range from erecting a business school to just going on a world tour. In CASHFLOW, your ultimate objective is to fulfill the dream you chose at the very beginning.
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