Rich Woman Cashflow Club Meeting

August 20, 2006

Today I attended a Rich Woman Cashflow Club. They only had one previous meeting so the group was small. It was great meeting. We shared our information and played Cashflow. One of the ladies arrived with HUGE folder from a company in California that helps you do deals. She said the portfolio has steps and people to contact to get you started. It was amazing and company did this for free!

Another lady named Erin ( http://www.nolimitsladies.com/) and told us about a few websites that we could go to. One was this place that every Monday you could have online meetings and get answers about real estate questions.

Another lady asked me for my email address so we could exchange ideas and maybe even do some partnerships. :-)

I had so much fun and I can't wait to go back on September 17. If you would like to come to a Rich Woman Cashflow club meeting, check out the details at http://www.richdad.com/community/cashflow_clubs/clubs_info.asp?cid=2619.

We had a great time at the meeting as you can see by the pictures.

Karly
Rich Family Ambassador

Our First Video Post

This is our first video post. We hope you enjoy it.

Thank You Notes

8/16/06

Today I wrote three rough draft thank you notes. The first one I wrote to Sharon Lechter saying thank you for getting us into this and actually setting a date. The second one I wrote to Kathy Grady about keeping in contact by e-mailing us. The last but not least one I wrote to was Phil Lechter because if we hadn’t met him, none of this would have happened.

Karly
Rich Family Ambassador

Playing and Notes to Self

8/12/06

Today Kelsey and I each had a friend come over and play Cashflow 101 (this is the start of Cashflow Club for Kids).

Notes to self when starting to teach kids how to play Cashflow:

1. Don’t take too long to explain the rules. Just explain how to start up the game, the point of the game, and how to win. Explain the rest as you go.

2. If there’s someone new in your group, help them do their transactions. Like if they’re buying a Real Estate property, show them where to put the information on their sheet, but don’t forget to tell them ‘why’. If they get another RE property, see if they remember where to put them and some of the reasons why.

3. When my family usually plays Cashflow, we play with “electric” money (we keep a running total of our money on paper instead of using the play money from the game). We found out today that it’s easier to start with the play money so that the kids can actually "see" the money piling up or being used.

Example of "electric" money:

$800 Savings
+$500 Cashflow paycheck
-----------------
$1,300
- $200 Doodad expense
-----------------
$1,100

4. Before we started the game, I told everyone about positive and negative. What I mean by that is that I told them that if you think positive about what you want and you believe what you’re thinking, you’ll usually get it. If you think negative about something, you’ll usually get what you don’t want. It works for me cause I was the only one who didn’t get downsized, only got few doodads, and got mostly good opportunities.

We asked our friends if they thought it was fun and if they wanted to come back sometime to play again (and bring a friend). Of course they said, “yes” to both things!

I just can’t wait until all my friends are involved in this!

Karly
Rich Family Ambassador

Brotherly Time

8/12/06

Cashflow 4 Kids

My little brother was very eager to play the game today but he had just finished the kids’ game with me. He is only six, but a very fast learner. He needs to work with the kids’ game for a while longer though. When we started playing last night, he was slow, but he caught on faster than the older kids! The game was helping him with his reading, math, and thinking skills. My mom came in to see what we were doing, listened to him read a couple cards and was thoroughly impressed. Well, by the end of the game, Max had been out of the rat race for some time and was just racking up the houses, businesses and shares… let alone the amount of passive income he had. He was out of the rat race about an hour into the game, but wanted to see how much we could accumulate before we had to quit. And before long, Max’s paycheck was over three thousand dollars! Max beat me by a mile, and after we were done, Max knew exactly how many houses, businesses, and shares he had. He also knew how many one thousand dollar bills he had.

Kelsey
Rich Family Ambassador

The Game

8/12/06

Our Game

Katie and Kirsten came over today to play Cashflow. When we sate down, they asked how to play the game. We started simple with what the dreams were, how to get out of the rat race, what to rat race is, how to set up the sheets, what an asset is, and what a liability is, what’s a charity, getting downsized, and what to do with children. We also told them what passive income is!

When we actually started playing the game, it was slow. But as time passed, we started to pick up speed, but every now and then it slowed back down so Karly and I could teach a new concept. Deals were the most fun, and at one point Karly grabbed a big deal, but it cost too much. That was when Katie and I jumped at the opportunity as a partnership. From then on, we were on fire!

Because of time, Karly was the only one to get out of the rat race. She had started out as a mechanic, while Katie was a janitor, Kirsten a secretary, and I was a teacher. We each had one of the best jobs possible (as far as getting out of the rat race). Only, Katie didn’t do much with her passive income, only with her cash on hand. She was bummed, but thought it was a wonderful idea to start a club and was eager to come back again.

At the next game, we plan to have more players. We will start with the basics as we did today, and as the game progresses, we will start showing the harder concepts that we have learned over time.

But the thing that I think is best is that everyone has fun!

Kelsey
Rich Family Ambassador

The INVITE

8/11/06

Progress

Karly and I called our friends and secured a date and time for them to come over and start the Cashflow Club. We will be meeting tomorrow shortly after lunch, noonish, until 4 o’clockish. I am so excited! My younger brother and I are playing the CF for Kids game and he is progressing nicely. So far, his in the lead! Plus, the website is up and running (partially). I am very thankful or our thoughts and ideas.

Kelsey
Rich Family Ambassador

For Starters

8/10/06

Today I had my best friend come over. We played together and about 30 minutes before she had to go home, I told her about what happened yesterday with Sharon Lechter. I could tell that she felt happy for me but then she asked “Do you get money off your job?” That was the question I dreaded. When I said “No, not really,” she didn’t look as joyful any more but she was still a little happy for me. I told her about this website and how it makes a little money for me. In my mind right then, I thought no one in this world besides the Rich Dad Company and my family knew how I felt. I pushed that out of my mind and continued trying to teach my friend how to play Cashflow For Kids. When I pulled out this game, I started (but didn’t finish) explaining the plastic board that each player gets when they play. She sort of knew what a salary was, had no idea what an asset, liability, expense or real estate was. I told her about some of these things and more but she had to leave.

What we did in the last 30 minutes really, really helped me notice so much about how much I have learned from the game and books!

Karly
Rich Family Ambassador

Steps Forward

8/10/06

Steps Forward

Today we looked at the calendar and saw dates that might work for the first game with our friends. We also thought of people to invite. 1. Katie & Anika 2. Katie, Anika, Carson, and friends they invite. We also have alternate people, just in case. Karly and I are hoping to get this running by the end of the week. In addition, we thought of quite a few website URLs, and we checked to see if they were available. We are getting ready to decide on our favorite one. Also, we are waiting for the weekly call from Kathy Grady. Then we will set dates for other activities. Meanwhile, we decided on a website URL! www.cashflow4families.com I am so excited! Also, I am working on thank you cards for Sharon, John, Kathy, and Mona.

Kelsey
Rich Family Ambassador

Meeting Phil Lechter

8/10/06

Phil Lechter

We were at a Cashflow game in Mesa with our dad, when Phil Lechter went on stage to talk about himself and his life. He also asked if we had any questions or comments and I was so excited! I decided to tell him about my social studies teacher, Mr. Blankstein. I told him I am in seventh grade, and my teacher is and has been teaching us about supply and demand. Since I read the book Rich Dad Poor Dad, I knew a lot about this. So I showed the book and the Cashflow 101 game to him and he loved them. I was wondering if there was any way that I could receive a class set of games? He directed me to Kathy Grady, and I received her e-mail address. When the game was over, I went to shake Phill's hand and then walked outside with my sister and my dad. Just then, Karly and I both knew that we wanted to do something special for Rich Dad. Our dad was thrilled at the idea, but wanted to know wheat it was we wanted to be. Finally, when we were almost to the car, the idea struck us, we should be Ambassadors! Karly and dad were thrilled at the thought, and we all raced back over to the building. When the crowd was starting to thin, it was finally our turn. We were so excited when Lechter said it was a wonderful idea and he would look into it as soon as possible.

Kelsey
Rich Family Ambassador

The Journey Begins

I. August 9, 2006 - The Start

Today was the most amazing day!

My sister Karly and I met with Sharon Lechter about an Ambassador program and some ideas for Rich Dad Poor Dad.

We arrived at the Rich Dad office about 15 minutes early. After we had been sitting in the the lobby for a minute or two, we heard a voice and sure enough it was Mr. Robert Kiyosaki himself! We did not actually speak with him until later.

In the next couple of minutes, I needed to use the rest room, and as I was walking down the hall ... I got a surprise! Sharon Lechter was there! We immediately recognized one another and waved. As I excited the rest room, I saw Sharon turn the corner and I raced toward her. We went through all of the formalities of swapping names, exchanging greetings, and shaking hands. Then, we went upstairs to the studio.

In the studio we met more people and saw others that we recognized. After putting a cold microphone down our shirts, we started an interview. We opened up with our names and the grades we would be going into, and then Sharon threw some questions at my Dad. He answered them smoothly and without a flaw. Then it was my turn. I wasn't the least bit nervous, the only thing I was jittery with was excitement! This trend went on and also included my sister Karly. The interview lasted about 30 minutes.

After the interview, we went downstairs to have a formal business meeting. Karly and I presented our ideas to Sharon and two other WONDERFUL ladies, Kathy Grady and Mona. They listened intently, had comments, questions and overall loved our presentation. They loved it so much that they wanted to do a "cap" or followup interview and they wanted to start RIGHT AWAY!

This so exciting! First, they are setting Karly and I up a with a website ( still being created ... come back for the URL ) and then showed us how to set up this blog. Since our first idea was to create a Cashflow for Kids Clubs, they set us up with Cashflow 101 and Cashflow for Kids games!

We are ready to ROCK-AND-ROLL.

The "cap" interview rounded out the day.

We back upstairs to the studio and sat down with Sharon and talked to her about our business meeting and how much fun it was going to be working with Rich Dad. All the while, I was being blasted with REALLY COLD air. The air was so cold my teeth were chattering! ( I hope it does not show in the video :-)).

As we finished up the 5 minute interview and walked back down stairs to say our goodbyes, we met up with one of our old friends, Phil Lechter! Phil was the person who got us thinking about being Rich Family Ambassadors! I will tell you that story in another post.

Kelsey
Rich Family Ambassador

Karly's First Entry

8/9/06

This is my first entry into this daily log about my experiences in the “real world” with assets, liabilities, expenses, income, stock, etc.
Today you wouldn’t believe what happened. We are Rich Dad, Poor Dad’s new Ambassadors! Well, I need to tell you what happened. Kelsey and I have been trying to do this for a couple of months. It all started at a Cashflow game that we went to in Mesa. We met Phil Lechter (Sharon Lechter’s son) and came up with the idea of being ambassadors. We asked him and he said that it was a great idea. He connected us with Kathy Grady and we e-mailed back and forth. She said she was trying to get us started and today is the date we are meeting.

Today at 9:00 a.m. we went to a meeting with Sharon Lechter. It was much, much more than we expected! First we met with Sharon in the waiting room. I was so excited I felt like my heart was going to burst! After we chatted a little, we walked over to the camera room. Sharon told us what we were going to do and what questions she was going to ask us. So we did the interview on tape. In it we told her our ages, why we were there and some advice for children our age. After the interview, we presented some ideas to her (like this one). Then she said we could start one of the ideas and we chose a Cashflow Club for kids. We also set a time when we would come back to the company. When the meeting part was over, we got games to start up our club. We were interviewed one more time saying what we did a little in the meeting.

When we got into the car, I asked my dad if it was usually that easy to start a job. My dad thought that was funny.

Of course, I had to tell somebody about is, so I tried telling my soccer team but they just didn’t get how important it was to me. They didn’t even know some of the words I said like ‘assets, expenses, doodads, etc. That made me notice really how much I’ve learned from this. I knew I started out like them, but I learned and changed and I am different in a good way. I love the Rich Dad, Poor Dad!

Karly
Rich Family Ambassador