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sh flow from these assets; I will grow richer; with more and more ine from sources other than my physical labor。
As this reinvestment process continues; I am well on my way to being rich。 The actual definition of rich is in the eye of the beholder。 You can never be too rich。
Just remember this simple observation: The rich buy assets。 The poor only have expenses。 The middle class buys liabilities they think are assets。 So how do I start minding my own business? What is the answer? Listen to the founder of McDonald's。
CHAPTER FOUR
Lesson Three: Mind Your Own Business
In 1974; Ray Kroc; the founder of McDonald's; was asked to speak to the MBA class at the University of Texas at Austin。 A dear friend of mine; Keith Cunningham; was a student in that MBA class。 After a powerful and inspiring talk; the class adjourned and the students asked Ray if he would join them at their favorite hangout to have a few beers。 Ray graciously accepted。
〃What business am I in?〃 Ray asked; once the group had all their beers in hand。
〃Everyone laughed;〃 said Keith。 〃Most of the MBA students thought Ray was just fooling around。〃
No one answered; so Ray asked the question again。 〃What business do you think I'm in?〃
The students laughed again; and finally one brave soul yelled out; 〃Ray; who in the world does not know that you're in the hamburger business。〃
Ray chuckled。 〃That is what I thought you would say。〃 He paused and then quickly said; 'ladies and gentlemen; I'm not in the hamburger business。 My business is real estate。〃
Keith said that Ray spent a good amount of time explaining his viewpoint。 In their business plan; Ray knew that the primary business focus was to sell hamburger franchises; but what he never los