TEOTWAWKI — The End of the World As We Know It

by Preston Schumacher

in Uncategorized

What does TEOTWAWKI mean?

 

Coined by survivalist, Mike Medintzin, in the mid-1990s, “TEOTWAWKI,” stands for THE END OF THE WORLD AS WE KNOW IT.

 

TEOTWAWKI The End of the World as we Know It TEOTWAWKI    The End of the World As We Know It

 

I have been wanting to deepen my financial education and learn about investing for some time now, but like most of us I was having a tough enough time focusing on my main business.

 

A couple of weeks ago my brother told me about a Kiyosaki seminar being presented nearby our house in La Jolla, CA. One benefit of living in San Diego is that there is always educational events going on. Although this can be a distraction at times as well.

 

If you don’t already know, Kiyosaki is one of the top investors in the world, if not the number one in the world.

 

Skipping ahead a little, my bro and I attended the paradigm shifting event and walked away with a whole new set of goals. These these newly formed goals are a result of getting involved in developing my financial education.

 

You see, it is the end of the world as we know it.

 

We are currently, as a world, finishing our transition from the Industrial Age to the Information Age. Technically the Industrial Age began roughly around 1500 and came to an end near 2000. As for the Information Age, the birth of the World Wide Web in 1989 marked the beginning of the info era.

 

“Unfortunately, like a monkey with its this continent tree, millions of workers claim to Industrial Age ideas such as going to school, job security, steady paychecks, medical benefits, early retirement, and government support for life.”

Robert T. Kiyosaki

 

The biggest Golden Nugget I took away from the event was learning the difference between training and education. From now to 2020 and beyond the biggest losers in the game of life are going to be the financially trained masses. The very few that get serious about their financial education will experience some of the best years between this time frame.

 

While the majority of the population clings to out dated information, the financially educated will have a massive unfair advantage when it comes to creating wealth and living lifestyles most can only dream about.

 

For those of you that are saying to yourselves, ” I’m to far behind to catch up,” or, “I have invested to much time into what I am already doing,” I have been there. I am not talking about years ago, I mean I was saying these things to myself just two weeks ago.

 

The only thing that I had to understand was that unless I began my financial education today I was going to continue to be at an enormous disadvantage when it comes to building the lifestyle I choose.

 

If you do not know where to start your financial education I highly recommend getting familiar with Kiyosaki’s teachings. His latest book, UNFAIR ADVANTAGE: THE POWER OF FINANCIAL EDUCATION, is a great place to begin learning about what schools will never teach you about money.

 

P. S. The Kiyosaki event I attended last week was geared towards enrolling people in a future three day training coming up at the beginning of March. I will make sure to share all the golden nuggets I discover in upcoming blog post.

{ 29 comments… read them below or add one }

marquita herald February 21, 2012 at

Enjoyed your post Preston and I’ve been a fan of Robert’s for years. I’ve read his books and attended a couple of the seminars – well worth the time and investment.
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Preston Schumacher February 21, 2012 at

Very cool Marquita. I am on my way to becoming a financially educated entrepreneur:)
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Rosie O'Sullivan February 21, 2012 at

Hi Preston! The information in your post is important info to get out there. So glad you did that event and took action to make the shift in your life. Yes, the times they are a changin! It’s great to be a part of the change, ain’t it? Great job! :) Rosie

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Preston Schumacher February 21, 2012 at

Yes it does Rosie. To think I almost didn’t go to the event.

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Tonya February 21, 2012 at

Preston, I will be checking out that book. I love reading Robert’s books. I too have been increasingly interested in the new investing. Thanks for sharing!
Tonya
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Preston Schumacher February 21, 2012 at

For being one of the first action takers at his event I got the book for free along with some other cool Kiyosaki materials. Although I definitely would buy the book if I had to.

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Tonya February 21, 2012 at

That would be neat Preston! I just ordered it. I also ordered the book for my teens in the house:) Thanks again for the recommendation!
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Shirleys February 21, 2012 at

Hi Preston, I am so glad you joined the challenge so we get the privilege of reading your amazing posts. Awesome to hear you attended an event and walked away with a whole new set of goals. Well done. Warmest Regards Shirley
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Val Heisey February 21, 2012 at

Awesome Preston – love Kiyosaki! That seminar sounds like it was very informative, and i think you are right about the changing world! Thanks for a great post!
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Chante Epps February 21, 2012 at

Robert Kiyosaki is absolutely phenomenal…this is why it’s so important to get involved with going to events. They literally have the power to transform our minds, businesses and lives.
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Elizabeth February 21, 2012 at

Hey Preston,
I’ve read almost all of Robert’s books because he is such an inspiring person who has opened my eyes to the immense opportunities just waiting for us out there to take advantage of.
Thanks for sharing!
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Preston Schumacher February 22, 2012 at

Robert’s teachings are definitely an eye opener. Elizabeth, make sure to stop by in the future as I am going to share my experience at the upcoming Kiyosaki event.

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BG Jenkins February 21, 2012 at

Sounds great, Preston. I’ve read a few of Kiyosaki’s books and hadn’t heard of this one, so I will be sure to get it. I like your emphasis on taking action now about your financial education. We tend to put other things ahead and before you know it, we’re here wishing we would have made changes a long time ago. Looking forward to your upcoming blog post.
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Michael Harrington from Internet Marketing Techniques February 21, 2012 at

Hi Preston,
It was actually Robert Kiyosaki that started me on this journey.
Excellent post.
Look forward to more of your writing.

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Preston Schumacher February 22, 2012 at

I ran into his material a few years back, but did not take action what I learned. Now that the entrepreneur bug bit me, I am passionate about expanding my financial education.

Thanks for the kind words Michael:)

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Radu February 21, 2012 at

Hey Preston,
That’s a nice name and expression.
I love Kiyosak’s teachings..I read Cashflow Quadrant just before I got into business. It’s an awesome book and agree, it’s up to us to learn the money making and money management processes. Learning about money takes as much time as reading the newspaper. Which one is more effective? :)
Harv Eker is also great with financial education and his jar system. I highly recommend it.

Thanks for sharing your post Preston. Nice looking blog buddy :)
Cheers,
Radu

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Preston Schumacher February 22, 2012 at

I thought so too Radu. I got the phrase from the new show “Preppers” that aired the other night. I like tying different ideas in with each other.

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Lou Barba from informationhighwaycardandgiftshop.com February 21, 2012 at

Hi Preston,

I’m 63 and kind of committed to the financial plans of the past to get me through the next 30? years. I know that change is in the air, and I suppose it would behoove younger people to at least be informed and make their plans accordingly. Because of moral decay and decadence, I don’t look for financial stability to continue anywhere past the year 2050.

Lou Barba
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Preston Schumacher February 22, 2012 at

You brought up a powerful point here Lou. Through the upcoming years the richer are going to get richer, the poor is going to get poorer, and the middle class is going to join the poor.

While it is not fair, I know what side of the stick I don’t want to be on.

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Wendy Elwell February 21, 2012 at

Preston,
Those are some great nuggets your shared today about your seminar with Mr. Kiyosaki. I also went to one of those a couple years ago and I was so excited about what I learned. Thanks for sharing such great information. I am glad you are a part of the challenge.

Wendy
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Preston Schumacher February 22, 2012 at

The more I learn about Kiyosaki’s teachings the more I realize there is so much I need to learn, lol. It is great to connect with like-minded individuals such as yourself Wendy.

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Kent Smith February 21, 2012 at

Great post Preston. I recently attended a 3 day seminar with Robert Kiyosaki about stock trading. It was eye opening. I am now taking 2 of his advanced training courses about investing online. I would recommend taking the 3 day seminar. It will be worth it.
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Preston Schumacher February 22, 2012 at

Thanks for the advice Kent. I am so pumped up for the upcoming seminar.

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Gary Young China Sourcing February 26, 2012 at

Hi Preston,

Thanks for the great post! It is great to be part of change. That seminar sounds very informative. Thanks for the posting.

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Preston Schumacher February 27, 2012 at

Yes it is the beginning of my financial education! I have to unbrainwash myself from all the nonsense taught to me in traditional school.

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Tracey E Mitchell February 26, 2012 at

“Rich Dad Poor Dad” is the book that got me started in my home based business. Thanks for sharing your notes from the seminar you attended. Great post Preston!
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Preston Schumacher February 27, 2012 at

That is awesome Tracey! I will be attending a 3 day seminar this weekend based on his materials. I will make sure to share the golden nuggets I learn here on my blog.

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Godwin Okoduwa February 27, 2012 at

loving this page design. Kiyosaki is an awesome resource for financial knowledge. Glad you have keyed in.
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Alecia Stringer March 14, 2012 at

Always be learning! Thanks for the resource.

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