The Million Dollar Lab

Game Nights

The last couple of months, Tim, a few friends and I have been getting together to play Robert Kiyosaki's game, Cash-Flow 101. The game is designed to teach the basics of investing. The object of the game is to build up passive income (income from investments) so that it exceeds your expenses. The game is fairly simple in that anyone can master it, but it also has a lot of depth in the different strategies you can use to win. The exciting thing is this game is designed to teach the principals the wealthy use to make, keep and grow their wealth.

I love that after playing this game you go away with a mind that is looking out for opportunities.
Have you ever noticed that when you purchase a new car all of a sudden you see your model of car everywhere, or when you really want something you notice that thing everywhere you go? Something in your awareness changed! The reality of the world is that opportunities are all around us, often we are simply not aware of the nuggets of gold (opportunities) and a simple change in perspective would change our world.

Why A Game?

I could read an entire library of Warren Buffet books but if I never buy a share in a company there will never be the possibility of making a single dollar in the market. Knowledge without action is completely powerless. Having games like this and The Great New Zealand Investing Game means we have an opportunity to have a go at investing without the risk and once we have built up confidence and experience, we can then try our hand in the real world.
It is also proven without a shadow of doubt that people learn faster through action. Through playing with the numbers, learning how to invest, spotting a great deal, and making some mistakes, it is possible to internalize the principals that are being taught far faster than if they are just read from a page.
The other great thing about the game is it brings in the element of team. Nothing gets the human mind buzzing faster than working on something with a group of people. We have found that great ideas fly around the table and different people are able to bring different ideas and methods. This is the Master Mind principal in action, two minds are better than one and often far better than twice as good!

Come Along

If you are reading this and you live in Whangarei, NZ, come along for a game; I know you will enjoy it. I can be contacted on kevzawinning@gmail.com.

If you live elsewhere, go to CashFlowClubs. All over the world like minded people meet and play this game; it's a great opportunity to meet some people and expand your Financial IQ.

Thanks for reading.