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The story of David and Goliath was none of rich dad’s favorite stories. I nsuspect he may have seen himself as nDavid, a man who started with nothing, nyet rose to compete against the giants of nbusiness. Rich dad said, “David could nbeat Goliath because David knew how n nto use the power of leverage.…
The story of David and Goliath was
none of rich dad’s favorite stories. I
nsuspect he may have seen himself as
nDavid, a man who started with nothing,
nyet rose to compete against the giants of
nbusiness. Rich dad said, “David could
nbeat Goliath because David knew how
n
nto use the power of leverage. A young
nboy and a simple slingshot were far
nmore powerful than the feared giant,
nGoliath. That is the power of leverage.”
nMy previous books were on the
npower of cash flow. Rich dad said,
n“Cash flow is the most important term in
nthe world of money. The second most
nimportant is leverage.” He also said,
n“Leverage is the reason some people
nbecome rich, and others do not.” Rich
ndad went on to explain that leverage is
npower and that power can work in your
nfavor or against you.