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It is very interesting piece. Looking back back, I can tell that I would avoid loss if has listened to council of my rich daddy, and still I think that loss of my first business was a part of my destiny. That I have not listened to council of my rich daddy, was a valuable lesson: I have learnt the price of our ideas.

If not this financial trouble, I never could estimate, how much rich each of us is. All of us are very rich, because we possess mind - the mind full of ideas. If not that business failure, I never would learn that the greatest my riches are not my money, not my house, not my car, not my investments, and it is my mind, and ideas which in him arise.

Now I know that it is necessary to respect the ideas and to protect them. I am assured that each of us has ideas which are capable to make you and your families so rich that you cannot present today to yourselves it at all. But before these riches can come, you should protect the ideas. Now I will tell to you how my rich daddy spoke to me: "Protect the biggest riches - the ideas".

Einstein was right

The rich daddy liked Einstein's saying: "the Imagination is more important, than knowledge".

Other reason on which he liked this saying, was that knowledge is limited, and the imagination is boundless. Not once, when the rich daddy had financial problems, he spoke to the son and me: "When I experience financial difficulties, I ask imagination to help to get out to me of this scrape. Resorting to the help of the imagination, I become richer and I enrich the life".

Protect the biggest riches

I am very happy that Michael Letcher has agreed to take part in a writing of this book, and it became a part of a series of books under the general name "' Councils of the rich daddy". In 1994 I have found for it as it for that time used glory of one of the best lawyers on intellectual property protection, was the succeeding businessman who was able perfectly to organise the life, skilfully disposing time. Those from you which are not familiar with the term "intellectual property", find minute to open the dictionary and to meet value of this concept. Pay attention to a word "property" '.

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