Wednesday, 7 March 2018

Some Key Notes from Robert T. Kiyosaki's "THE BUSINEE OF THE 21ST CENTURY"

Part One: Take Control of Your Future and Don't be Fooled Again. The Silver Lining- When times are bad is when the real entrepreneurs emerge.The Employment Mythology: During the Agrarian Age, most people were entrepreneurs. The age for retirement was 65 on the orders of Bismarck in 1889. Then the average life of people was45.
Where do you live? E for employees, S for small business, B for Big business and I for investors. These are 1st,2nd, 3rd and 4th quadrants.
Changing Jobs is not changing quadrants, it is better changing your address.
E is for security, S is for independence, B is for independence and I is for financial freedom. A circle of friends who share your dreams and values.
The power of your own Network.V = N sqare.Money flows to the business with the best leaders.
The Four Elements of Leadership: mental, physical, spiritual and emotional.
A real world business education contains three kinds of education, scholastic education i.e. formal teaching to read, write and do math. Professional education i.e. how to work for money preparing you for life in the E and S quadrants. Financial education i.e. learning to have money work for you.
Life skills: It tells about the network marketing for people to learn real-world skills of an entrepreneur.
Get rich quick is an oxymoron.

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