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Afterword “Have you noticed the price of food going up—even though the government says there is no inflation?” “Yes,” I said. “I have noticed the prices creeping up.” “So how can the government say there is no inflation?” “I’ve wondered that myself.” Placing the food in the bags, he asked, “May I ask you a question?” “Sure.” “Are we in trouble?” “Some people are,” I said. “I don’t have anything,” he said. “I have a few dollars in savings. I’ve been a renter all my life because my credit rating is so bad. And my retirement plan was destroyed by the crash, so I pulled my money out early and was penalized for early withdrawal.” I just shook my head silently. “What can I do? Is it too late for me to start over? Am I too old?” “How old are you?” I asked. “I’m 52.” “You have a lot of time,” I said. “Colonel Sanders started Kentucky Fried Chicken when he was 66.” “He had to start over at 66?” “Yes. He went broke when a new highway bypassed his singlestore fried-chicken business. Once he saw how much his Social Security check was, he knew he was in trouble. So he packed his bags and began selling the rights to his special recipe to restaurants across the United States. He was turned down over 1,000 times before someone finally said yes. That led to his franchise operation. He took it public on the stock exchange, and he became a rich and famous man. Today, you can find Kentucky Fried Chicken (KFC) all over the world. He has made a lot of people rich.”

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Profile for Jamiel Cotman

Unfair advantage ebook  

by Rich Dad, Robert Kiyosaki

Unfair advantage ebook  

by Rich Dad, Robert Kiyosaki

Profile for jfcotman
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