Close Menu
TheHub.news

    Rich Diddy, Poor You

    By Kyla Jenée Lacey

    Diverse Representation Celebrates 3rd Annual Black Women in Sports Day

    By FirstandPen

    Built for Blackouts, Protest and Surveillance States: Bitchat Is Messaging Without Gatekeepers

    By Dr. Tonya Evans

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    X (Twitter) Instagram YouTube
    X (Twitter) Instagram YouTube
    TheHub.news
    Support Our Work
    • Home
    • Our Story
      • News & Views
        • Politics
        • Injustice
        • HBCUs
        • Watch
      • Food
        • Cuisine Noir
        • soulPhoodie
      • Passport Heavy
      • Travel
      • Diaspora
      • This Day
      • Entertainment
      • History
      • Art
      • Music
    • Healthy
    • Wealthy
      1. Copper2Cotton
      2. View All

      The Time to Buy a Home is Now…Maybe!

      September 11, 2023

      Focus Your Way to Wealth

      April 14, 2023

      What You Might Learn From a $300K Net Worth

      February 6, 2023

      How I built Wealth in a Bear Market

      January 13, 2023

      Black Women’s Unemployment Rate Drops: Here’s What the Latest Report Reveals

      January 13, 2025

      What Does Toxic Positivity Look Like in Personal Finances?

      April 12, 2024

      More Than Money: Cultivate More Flow to Unlock Your Financial Potential

      September 22, 2023

      Music Mogul Akon on How to “Stay Rich”

      September 12, 2023
    • Wise
    • Business
    • Sports
      1. First and Pen
      2. View All

      Diverse Representation Celebrates 3rd Annual Black Women in Sports Day

      July 8, 2025

      Michael Vick, Desean Jackson Must Use Their Popularity to Help Black Media

      July 7, 2025

      Grant Hill, Chris Webber Become Minority Owners of Detroit’s New WNBA Franchise

      July 2, 2025

      Shai Gilgeous-Alexander, Thunder Agree to Richest Deal in NBA History

      July 1, 2025

      Diverse Representation Celebrates 3rd Annual Black Women in Sports Day

      July 8, 2025

      Michael Vick, Desean Jackson Must Use Their Popularity to Help Black Media

      July 7, 2025

      How Nike Tried to Beat Allyson Felix and Lost

      July 3, 2025

      Grant Hill, Chris Webber Become Minority Owners of Detroit’s New WNBA Franchise

      July 2, 2025
    • Tech
    • Podcasts
      1. Coach Cass
      2. More Than Money
      3. This Is Lurie Daniel Favors
      4. This is Karen Hunter
      5. Welcome to Knubia
      6. View All

      Rich Diddy, Poor You

      July 8, 2025

      Diverse Representation Celebrates 3rd Annual Black Women in Sports Day

      July 8, 2025

      Built for Blackouts, Protest and Surveillance States: Bitchat Is Messaging Without Gatekeepers

      July 8, 2025

      AI Chatbots Encouraged Suicidal Ideation in Study—and No One’s Regulating It

      July 8, 2025

      Rich Diddy, Poor You

      July 8, 2025

      Diverse Representation Celebrates 3rd Annual Black Women in Sports Day

      July 8, 2025

      Built for Blackouts, Protest and Surveillance States: Bitchat Is Messaging Without Gatekeepers

      July 8, 2025

      AI Chatbots Encouraged Suicidal Ideation in Study—and No One’s Regulating It

      July 8, 2025

      Rich Diddy, Poor You

      July 8, 2025

      Diverse Representation Celebrates 3rd Annual Black Women in Sports Day

      July 8, 2025

      Built for Blackouts, Protest and Surveillance States: Bitchat Is Messaging Without Gatekeepers

      July 8, 2025

      AI Chatbots Encouraged Suicidal Ideation in Study—and No One’s Regulating It

      July 8, 2025

      Rich Diddy, Poor You

      July 8, 2025

      Diverse Representation Celebrates 3rd Annual Black Women in Sports Day

      July 8, 2025

      Built for Blackouts, Protest and Surveillance States: Bitchat Is Messaging Without Gatekeepers

      July 8, 2025

      AI Chatbots Encouraged Suicidal Ideation in Study—and No One’s Regulating It

      July 8, 2025

      Rich Diddy, Poor You

      July 8, 2025

      Diverse Representation Celebrates 3rd Annual Black Women in Sports Day

      July 8, 2025

      Built for Blackouts, Protest and Surveillance States: Bitchat Is Messaging Without Gatekeepers

      July 8, 2025

      AI Chatbots Encouraged Suicidal Ideation in Study—and No One’s Regulating It

      July 8, 2025

      In Class with Carr: Juneteenth and the Unyielding Work of Liberation

      June 23, 2025

      “The People vs. The State: Compromise, Confront, Contain or Control?”

      May 26, 2025

      In Class with Carr: “We Have Been Believers”

      May 14, 2025

      Executive Orders vs Ancestral Orders: The Next 100 Days

      May 5, 2025
    TheHub.news
    Home»News & Views»Copper2Cotton»Jobs Are For Losers!
    Copper2Cotton

    Jobs Are For Losers!

    By Copper CottonMay 9, 202203 Mins Read
    Facebook Twitter LinkedIn Email Copy Link
    Share
    Facebook Twitter LinkedIn Email Copy Link

    I recently had a conversation with an aspiring entrepreneur. We discussed money, investing and our goals. Then he went on to tell me that jobs are for losers. WTF?! When did having a job and being a loser become synonymous?

    I was at a loss for words, thinking to myself that I must be a loser twice over to him, since I have 2.5 jobs and I’m working to secure a third job going into the new year. I didn’t bother to challenge his belief because I didn’t totally disagree with him.

    His thinking is not unfamiliar to me. In fact, it’s classic Robert Kiyosaki. I’ve read all of Kiyosaki’s books and I think his ideas around money can be life changing. His most famous book, Rich Dad Poor Dad is a classic and a must-read, in my opinion.

    But for a quick hack into the teachings of Kiyosaki you can check out…wait for it…Getting a Job is For Losers. The point that Kiyosaki really drives home in his book is the importance of earning your money from the sources that are taxed the least, which are business ownership and investment income.

    Nothing for me to argue about here, those are facts. The tax benefits for business owners and investment income are amazing and are getting better every day that No. 45 remains in office.

    However, here is where I believe Kiyosaki’s teachings and a lot of the other money gurus fall short when they say getting or having a job is for losers. The whole truth is that if you do anything without a plan and a focused purpose you will probably not win.

    If all the poor in the United States are given $1 million, this is enough to invest in stocks, bonds and real estate and never have to get a normal “job” again. Unfortunately, there would be no happy ending for 95% of these people because they lack a plan, purpose and the discipline required to make that money last for the rest their lives.

    A job will never make you a loser but not having a plan for your life and money along with the discipline to implement your plan, will ultimately make you a loser. A job is foundational and usually helps make your dreams come true.

    Unfortunately, people work 40 years and end up with nothing because they didn’t have a plan, purpose or discipline. Here is a scary stat: 48% of individuals that are 5-10 years from retirement have less than $10,000 saved after working 40-plus years.

    But I believe it ain’t over til it’s over and if you are getting a late start on saving for retirement or other financial goals check out David Bach’s Start Late, Finish Rich. It’ll give you all the tools you need to get on track and not look back.

    As for me, I will continue to use my current full-time job to build additional streams of income through saving and investing in various assets (stocks, bonds and eventually more real estate). I will continue to grow the income I receive as an independent contractor to help me reach my financial goals as quickly as possible. And finally, I will remain disciplined on the journey.

    Let me know what you think! (comment below).

     

     

     

     

    Originally posted 2018-08-09 00:09:25.

    David Bach featured financial plan investment income Investments jobs retirement savings Robert Kiyosaki
    Copper Cotton

    Copper2Cotton is a money blog following one person's journey to reach $1 million net worth. This blog will not only show the author's progress, but also give financial tips and insight for anyone who wants to be wealthy.

    Related Posts

    The Time to Buy a Home is Now…Maybe!

    September 11, 2023

    Focus Your Way to Wealth

    April 14, 2023

    What You Might Learn From a $300K Net Worth

    February 6, 2023
    Add A Comment
    Leave A Reply

    Recent Posts
    • Rich Diddy, Poor You
    • Diverse Representation Celebrates 3rd Annual Black Women in Sports Day
    • Built for Blackouts, Protest and Surveillance States: Bitchat Is Messaging Without Gatekeepers
    • AI Chatbots Encouraged Suicidal Ideation in Study—and No One’s Regulating It
    • Did You Know Women’s Health Advocate, Faye Wattleton, Was Born on This Day?

    Glen “Big Baby” Davis Sentenced to 40 Months for Fraud

    By TheHub.news Staff

    More Than Money With Jacquette Timmons: Is Now the Time to Redefine Your Money Fears?

    By TheHub.news Staff

    10 New Books by Black Authors for Your Kid’s Summer Reading List 

    By Danielle Bennett

    Maroons’ Medicine Chest: Kwanzaa

    By TheHub.news Staff

    Subscribe to Updates

    A free newsletter delivering stories that matter straight to your inbox.

    About
    About

    Celebrating US from one end of the land to the other. We record our acts, our accomplishments, our sufferings, and our temporary defeats throughout the diaspora. We bring content that is both unique and focused on showing the world our best unapologetically.

    X (Twitter) Instagram YouTube

    Rich Diddy, Poor You

    By Kyla Jenée Lacey

    Diverse Representation Celebrates 3rd Annual Black Women in Sports Day

    By FirstandPen

    Built for Blackouts, Protest and Surveillance States: Bitchat Is Messaging Without Gatekeepers

    By Dr. Tonya Evans

    AI Chatbots Encouraged Suicidal Ideation in Study—and No One’s Regulating It

    By Veronika Lleshi

    Subscribe to Updates

    A free newsletter delivering stories that matter straight to your inbox.

    © 2025 TheHub.news A 501(c)(3) tax-exempt organization.

    Type above and press Enter to search. Press Esc to cancel.