http://www.johnseiferth.com/capital
In the final segment of my interview with Robert Kiyosaki, author of Rich Dad Poor Dad and creator of the game CASHFLOW, Robert talks about moving from the employee world to the business world. This shift is the BIGGEST shift a person can make in the world of business. It requires an entirely different mindset and an entirely different set of tools.
Robert also talks about the number on skill of an entrepreneur, the ability to raise capital. Without capital, or cash flow, the entire business will fail. Cash flow is the base, the foundation for making a business successful.
We then talk about the many challenges of being an entrepreneur. How success only brings on more challenges. It is the truth. The more successful you are, the more you have to deal with as an entrepreneur.
Robert then makes a very good point about the difference between playing it safe and taking risks. The difference between a successful entrepreneur and an employee is the ability to take risks a be on the edge. Employees play it safe because they value security and comfort. Being uncomfortable and taking risks is the entrepreneur’s domain!
And finally, Robert talks about how money is the way entrepreneurs keep score. The line between success and failure is very clear and it is measured in how much money is generated.
For information on tickets for the next Rich Dad event, visit http://www.johnseiferth.com/capital. The event is 1-3 May 2009 in Scottsdale, AZ.
John
p.s. To get DVDs of the “How To Raise Capital” event, click the links below:
Highlights Version: http://bit.ly/btVe8
Extended Version: http://bit.ly/8fBlb
Duration : 0:10:6
Robert focuses more on the B-I Triangle and the CASHFLOW Quadrant and why he wants to be on the B and I side of the quadrant as opposed to the E and S side.
Robert goes further into detail on the CASHFLOW Quadrant and the B-I Triangle and how the students at the event 30 April to 2 May will learn how to build a brand.