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Habits, Interdependence, The Goose and The Golden Eggs

Effortless English Podcast | Learn English with AJ Hoge

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What Is the Difference Between an Asset and an Income?

Stephen Covey uses the story to show the difference between an asset and a product. The goose is the thing that makes the income, right? It's kind of the... We could look at it like a factory. And what does a factory do? It makes things like a car factory. Right? So no more eggs. It's over. He killed the goose with the golden eggs. Of course then he's sad. Well, it's a good story. There's our great word from Robert Kiyosaki, an asset, and a product or cash flow. They're different, right? Or income. This is probably the word Kiyoski would use. An asset

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