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The Business of the 21st Century

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إن الاقتصاد حاليًّا في حالة يرثى لها، ووظيفتك في خطر، هذا إذا كان لا يزال لديك وظيفة من الأساس. هل أخبرك بشيء؟ لقد مللت من تكرار هذا الكلام منذ عدة سنوات. وقد تطلب الأمر حدوث انهيار اقتصادي عالمي حتى تدرك الغالبية صحة هذا الكلام، ولكنَّ هذا الكتاب لا يتناول كيفية تدهور الأوضاع الاقتصادية، ولا السبب في حدوث ذلك، وإنما يهتم بالكيفية التي تتحول بها مثل هذه الأخبار، لتبدو إن الاقتصاد حاليًّا في حالة يرثى لها، ووظيفتك في خطر، هذا إذا كان لا يزال لديك وظيفة من الأساس. هل أخبرك بشيء؟ لقد مللت من تكرار هذا الكلام منذ عدة سنوات. وقد تطلب الأمر حدوث انهيار اقتصادي عالمي حتى تدرك الغالبية صحة هذا الكلام، ولكنَّ هذا الكتاب لا يتناول كيفية تدهور الأوضاع الاقتصادية، ولا السبب في حدوث ذلك، وإنما يهتم بالكيفية التي تتحول بها مثل هذه الأخبار، لتبدو أخبارًا سارة جدًّا، لكن هذا لن يحدث إلا إذا كنت تعرف كيف تتعامل معها. لقد تعلمت شئون التجارة والأعمال على يد شخصين: أولهما والدي الذي تلقى مستوى جيدًا جدًّا من التعليم، وكان موظفًا حكوميًّا عالي المستوى، وثانيهما أفضل صديق لوالدي، الذي انقطع عن التعليم، عندما كان في الصف الثامن، ليصبح مليونيرًا عصاميًّا، وفي حين عانى والدي من المشكلات المالية طوال حياته، ومات وليس لديه إلا القليل جدًّا مما جناه في تلك السنوات الطويلة التي قضاها في العمل، أصبح صديق والدي المفضل أحد أغنى الرجال في هاواي. كنت أعد هذين الشخصين كأنهما "والدي الفقير " و "والدي الغني". كنت أحب والدي الحقيقي كثيرًا وكنت معجبًا به، وقررت أن أساعد أكبر عدد ممكن من الأشخاص ليتجنبوا المرور بتلك المعاناة من الإهانات والإخفاقات التي عاقت طريق والدي. بعد أن غادرت المنزل، خضت جميع أنواع التجارب، فخدمت في سلاح مشاة البحرية قائدًا لإحدى المروحيات في فيتنام، وتقدمت للعمل في شركة زيروكس، وبدأت العمل وكنت حينها أسوأ موظف مبيعات لديهم، ثم تركتهم بعد أربع سنوات، وأنا أفضل موظف مبيعات. وبعد الاستقالة من زيروكس، طورت عددًا من الشركات العالمية التي تفوق قيمتها المليون دولار، وأصبحت مستعدًّا للتقاعد في عمر الـ ٤٧ لمواصلة شغفي في تعليم الآخرين كيفية تكوين الثروة، وعيش الحياة التي يحلمون بها، بدلًا من الاستسلام للاستقالة الرتيبة والكئيبة. وفي عام ١٩٩٧، كتبتُ عن تجاربي وخبراتي في كتاب صغير، ولكن لابد أنني لمست وترًا حساسًا عند القليل من القراء على الأقل، حيث تصدَّر هذا الكتاب، وهو الأب الغني والأب الفقير* قائمة الكتب الأكثر مبيعًا وفقًا لجريدة نيويورك تايمز، وتربع على القمة لأكثر من أربع سنوات، ووُصف بأنه "كتاب الأعمال الأفضل مبيعًا على الإطلاق". ومنذ ذلك الحين، نشرت سلسلة كاملة من كتب Rich Dad، وعلى الرغم من أن كل كتاب من هذه السلسلة كان يركز على موضوع مختلف تمامًا، فإن جميعها تعرض الرسالة نفسها المتضمنة في الكتاب الأول، التي ستجدها في جوهر الكتاب الذي بين يديك: تولَّ مسئولية تدبير مواردك المالية، وإلا فلتعتد على تلقي الأوامر حتى نهاية حياتك؛ فإنك إما أن تتحكم في المال، أو تدعه يتحكم فيك. الأمر يرجع إلى اختيارك. لقد كنت محظوظًا في حياتي بشكل لا يصدق لحصولي على الخبرات والمعلمين الذين أوضحوا لي كيفية تكوين ثروة حقيقية. ونتيجة لذلك، صرت قادرًا على التخلي تمامًا عن أي احتياج إلى العمل. حتى هذا الوقت، كنت أعمل لبناء مستقبل لأسرتي، وأنا الآن أعمل لمساعدتك أنت على بناء مستقبلك. طوال السنوات العشر الماضية، كرست حياتي لإيجاد أكثر الطرق فاعلية وعملية لمساعدة الأشخاص على تحويل مسار حياتهم في القرن الحادي والعشرين عن طريق تعليمهم كيفية بناء ثروة حقيقية. ومن خلال سلسلة كتب Rich Dad، كتبت أنا وشركائي عن كثير من الأنواع والأنماط المختلفة للمشروعات والاستثمارات، ولكن خلال تلك السنوات من البحث المكثف، صادفت نموذج عمل على وجه التحديد، أعتقد أنه يحمل أروع أمل لأكبر عدد من الأشخاص ليتمكنوا من إحكام السيطرة على حياتهم المالية ومستقبلهم وأحلامهم. أود إخبارك بأمر آخر، عندما أقول ثروة حقيقية، فأنا لا أتحدث عن المال فحسب؛ لأن المال جزء من الثروة، ولكنه ليس هو الثروة بأكملها؛ حيث يدور بناء ثروة حقيقية حول الشخص الذي يبني، تمامًا كما يدور حول البناء نفسه. في هذا الكتاب، سأعرض لك لماذا تحتاج إلى تأسيس مشروع خاص بك، وسأوضح لك أيضًا نوع المشروع بالضبط. إن هذا الأمر لا يتعلق بتغيير نوع عملك فحسب، ولكنه يتعلق أيضًا بتغييرك أنت. أستطيع أن أخبرك بكيفية إيجاد ما تحتاج إليه لبناء مشروع ممتاز خاص بك. ولكن عليك أن تنمو أنت أيضًا؛ لتنمية مشروعك. أهلًا بك في عالم أعمال القرن الحادي والعشرين.


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إن الاقتصاد حاليًّا في حالة يرثى لها، ووظيفتك في خطر، هذا إذا كان لا يزال لديك وظيفة من الأساس. هل أخبرك بشيء؟ لقد مللت من تكرار هذا الكلام منذ عدة سنوات. وقد تطلب الأمر حدوث انهيار اقتصادي عالمي حتى تدرك الغالبية صحة هذا الكلام، ولكنَّ هذا الكتاب لا يتناول كيفية تدهور الأوضاع الاقتصادية، ولا السبب في حدوث ذلك، وإنما يهتم بالكيفية التي تتحول بها مثل هذه الأخبار، لتبدو إن الاقتصاد حاليًّا في حالة يرثى لها، ووظيفتك في خطر، هذا إذا كان لا يزال لديك وظيفة من الأساس. هل أخبرك بشيء؟ لقد مللت من تكرار هذا الكلام منذ عدة سنوات. وقد تطلب الأمر حدوث انهيار اقتصادي عالمي حتى تدرك الغالبية صحة هذا الكلام، ولكنَّ هذا الكتاب لا يتناول كيفية تدهور الأوضاع الاقتصادية، ولا السبب في حدوث ذلك، وإنما يهتم بالكيفية التي تتحول بها مثل هذه الأخبار، لتبدو أخبارًا سارة جدًّا، لكن هذا لن يحدث إلا إذا كنت تعرف كيف تتعامل معها. لقد تعلمت شئون التجارة والأعمال على يد شخصين: أولهما والدي الذي تلقى مستوى جيدًا جدًّا من التعليم، وكان موظفًا حكوميًّا عالي المستوى، وثانيهما أفضل صديق لوالدي، الذي انقطع عن التعليم، عندما كان في الصف الثامن، ليصبح مليونيرًا عصاميًّا، وفي حين عانى والدي من المشكلات المالية طوال حياته، ومات وليس لديه إلا القليل جدًّا مما جناه في تلك السنوات الطويلة التي قضاها في العمل، أصبح صديق والدي المفضل أحد أغنى الرجال في هاواي. كنت أعد هذين الشخصين كأنهما "والدي الفقير " و "والدي الغني". كنت أحب والدي الحقيقي كثيرًا وكنت معجبًا به، وقررت أن أساعد أكبر عدد ممكن من الأشخاص ليتجنبوا المرور بتلك المعاناة من الإهانات والإخفاقات التي عاقت طريق والدي. بعد أن غادرت المنزل، خضت جميع أنواع التجارب، فخدمت في سلاح مشاة البحرية قائدًا لإحدى المروحيات في فيتنام، وتقدمت للعمل في شركة زيروكس، وبدأت العمل وكنت حينها أسوأ موظف مبيعات لديهم، ثم تركتهم بعد أربع سنوات، وأنا أفضل موظف مبيعات. وبعد الاستقالة من زيروكس، طورت عددًا من الشركات العالمية التي تفوق قيمتها المليون دولار، وأصبحت مستعدًّا للتقاعد في عمر الـ ٤٧ لمواصلة شغفي في تعليم الآخرين كيفية تكوين الثروة، وعيش الحياة التي يحلمون بها، بدلًا من الاستسلام للاستقالة الرتيبة والكئيبة. وفي عام ١٩٩٧، كتبتُ عن تجاربي وخبراتي في كتاب صغير، ولكن لابد أنني لمست وترًا حساسًا عند القليل من القراء على الأقل، حيث تصدَّر هذا الكتاب، وهو الأب الغني والأب الفقير* قائمة الكتب الأكثر مبيعًا وفقًا لجريدة نيويورك تايمز، وتربع على القمة لأكثر من أربع سنوات، ووُصف بأنه "كتاب الأعمال الأفضل مبيعًا على الإطلاق". ومنذ ذلك الحين، نشرت سلسلة كاملة من كتب Rich Dad، وعلى الرغم من أن كل كتاب من هذه السلسلة كان يركز على موضوع مختلف تمامًا، فإن جميعها تعرض الرسالة نفسها المتضمنة في الكتاب الأول، التي ستجدها في جوهر الكتاب الذي بين يديك: تولَّ مسئولية تدبير مواردك المالية، وإلا فلتعتد على تلقي الأوامر حتى نهاية حياتك؛ فإنك إما أن تتحكم في المال، أو تدعه يتحكم فيك. الأمر يرجع إلى اختيارك. لقد كنت محظوظًا في حياتي بشكل لا يصدق لحصولي على الخبرات والمعلمين الذين أوضحوا لي كيفية تكوين ثروة حقيقية. ونتيجة لذلك، صرت قادرًا على التخلي تمامًا عن أي احتياج إلى العمل. حتى هذا الوقت، كنت أعمل لبناء مستقبل لأسرتي، وأنا الآن أعمل لمساعدتك أنت على بناء مستقبلك. طوال السنوات العشر الماضية، كرست حياتي لإيجاد أكثر الطرق فاعلية وعملية لمساعدة الأشخاص على تحويل مسار حياتهم في القرن الحادي والعشرين عن طريق تعليمهم كيفية بناء ثروة حقيقية. ومن خلال سلسلة كتب Rich Dad، كتبت أنا وشركائي عن كثير من الأنواع والأنماط المختلفة للمشروعات والاستثمارات، ولكن خلال تلك السنوات من البحث المكثف، صادفت نموذج عمل على وجه التحديد، أعتقد أنه يحمل أروع أمل لأكبر عدد من الأشخاص ليتمكنوا من إحكام السيطرة على حياتهم المالية ومستقبلهم وأحلامهم. أود إخبارك بأمر آخر، عندما أقول ثروة حقيقية، فأنا لا أتحدث عن المال فحسب؛ لأن المال جزء من الثروة، ولكنه ليس هو الثروة بأكملها؛ حيث يدور بناء ثروة حقيقية حول الشخص الذي يبني، تمامًا كما يدور حول البناء نفسه. في هذا الكتاب، سأعرض لك لماذا تحتاج إلى تأسيس مشروع خاص بك، وسأوضح لك أيضًا نوع المشروع بالضبط. إن هذا الأمر لا يتعلق بتغيير نوع عملك فحسب، ولكنه يتعلق أيضًا بتغييرك أنت. أستطيع أن أخبرك بكيفية إيجاد ما تحتاج إليه لبناء مشروع ممتاز خاص بك. ولكن عليك أن تنمو أنت أيضًا؛ لتنمية مشروعك. أهلًا بك في عالم أعمال القرن الحادي والعشرين.

30 review for The Business of the 21st Century

  1. 4 out of 5

    Raeleen Lemay

    I DID IT. I READ A LEGIT NONFICTION BOOK. AND NOT A BIOGRAPHY. HEYOOOO This was a decent book, though it got repetitive at times, which I understand was probably a tool used by Kiyosaki to really drive home his points. I'd recommend this for anybody interested in seeing a different point of view when it comes to jobs, education, time management, and business in general.

  2. 5 out of 5

    Ujjawal Sureka

    Genre: Finance, Business Publication Date: 2010 - The first half of the book is good, the author tells us about the financial condition of the USA and of the world in general. He talks about the idea of having a business, and how to keep finances in our control. - He offers various insights into how professionals can be divided into different quadrants. And the pros and cons of each of these quadrants. - I found his views on assets to be good and reasonable. - The second half of the book is open to Genre: Finance, Business Publication Date: 2010 - The first half of the book is good, the author tells us about the financial condition of the USA and of the world in general. He talks about the idea of having a business, and how to keep finances in our control. - He offers various insights into how professionals can be divided into different quadrants. And the pros and cons of each of these quadrants. - I found his views on assets to be good and reasonable. - The second half of the book is open to interpretation, its a business model described by the author, called Network Marketing. - It is a model used in some major businesses, it sounds like a catchy idea, to be able to manage a scalable business along with a job. - On the other hand, It looks similar to a pyramid scheme, which is also the structure followed in a ponzi scheme (fraudulent scheme). - Its an okay read, would not recommend.

  3. 5 out of 5

    Jeff Scofield

    “This book is either going to excite you, or it is going to floor you”. The prediction uttered from the guy across from me at the Starbucks table as he pushed this piece of writing in my direction. Days earlier, I had met the gentleman in my place of work. He was nice enough. Very personable. Good communication and people’s skills. Easy to connect with. Traits that he felt he also found reciprocated in meeting me. Something that was evident when after I assisted him to the best of my ability, he “This book is either going to excite you, or it is going to floor you”. The prediction uttered from the guy across from me at the Starbucks table as he pushed this piece of writing in my direction. Days earlier, I had met the gentleman in my place of work. He was nice enough. Very personable. Good communication and people’s skills. Easy to connect with. Traits that he felt he also found reciprocated in meeting me. Something that was evident when after I assisted him to the best of my ability, he asked the question that any person worth their weight in sales is asked by patrons like this gentleman. “How long have you been doing this?”. Followed by the expected, “Is this a long term thing for you or something you are committed to?”. . . What can I say. I had fended off queries like this in year’s past, but this charming soul caught me on a rare kind of day. So flash back forward after I agreed to a sit down with him. He speaks of secretive projects, people he wants me to meet, random success stories of people who run in his circle, and it all stems from the question after he hands me this book. “What do you know about network marketing?”. I was given a couple days to breeze past this before I met with the guy again to discuss what I thought and where this might lead to. And while I didn’t know much about network marketing before hand, I can attest after reading the book, I still didn’t know really that much after either. But I definitely know enough. Walking right into his prediction, it definitely floored me and I couldn’t help but give my two cents. The “WOW Reads” library is what I call the collection I have over the years put together for my work family full of self help literature. Ranging from inspirational and motivational, to sales and leadership, to just plain personal development, it is a wonderful variety. Blessed by the names like Steve Farber, Og Mandino, John C. Maxwell, Stephen Covey, John Wooden, Jon Gordon, Brene’ Brown, and a fabulous list of historical figures we can learn from, you will not find Kiyosaki anywhere near this library. . . It started to turn about the time Kiyosaki was explaining his trials and tribulations in 1985 when he and his wife were living in their old brown Toyota and doing little jobs here and there to put food in their bellies and “their home” (gas in their car purposefully alluded to for dramatic effect). Ever so often a friend would step up and help them out in their time of need. And when these friends would ask them why couldn’t they just get a job to steady their lives out, this would have been the time your typical self help writers would depict an inspirational message of how they were in dire straights and a positive mindset with a solid work ethic helped them get out of it. Not Kiyosaki. . . In so many words in all the pages that followed, Kiyosaki’s response to his friends, his readers, and to everyone was, “why would I waste my time with work when I’m above it. . .” Friend or no friend, you may have a good idea how wide I would open my door for a person that has that kind of mindset. But all things considered, by 1989, as Kiyosaki loved to gloat, he was a millionaire. . . Congratulations, well done, you figured out a system somehow and made your buck. And now he is here to share the secrets of his success for the small price to pay of his book (to which he gloats he has now 7 New York Time’s Best Sellers) or one of his seminars (you don’t want to know what those run for). I wish not do delve too deep into his theories or egocentric misleadings that he truly does care about you getting rich, but I will sum up some his rhetoric. Most of this brainwash derives from a four corner chart that all professionals can be chalked up to. The “E” quadrant stands for employees and the working class. The “S” quadrant for self-employed, small business owners, and career specialists (lawyers, doctors, firefights, etc). The “B” quadrant regards big business and corporate heads. The “I” quadrant is for investors and investment opportunities. From hearing that, one could assume that majority of the population resides in the E and the S quadrants while the prestigious few like Kiyosaki and his friends like the frequently name-dropped Donald Trump belong to the B and I quadrants. And according to Kiyosaki, the working class of the E and S who trade their time and energy for money are doing it wrong. It’s a tough pill to swallow when you actually sit down with one of these I and B quadrant people and actually ask them “what is it that you actually do?”. A simple question, but you’ll find it complex, complicated, or down right difficult to get a straight answer. And not because you just might be an E or an S person and your small brain can’t possibly grasp it like they will lead you to believe. When it comes down to it, they're gamblers. They deal in just as much monopoly money as they do legitimate currency, and they strategically build their house of cards businesses/projects/systems in hopes that the slightest of friction doesn’t send it toppling down. Yes, Kiyosaki played with the house money and became the rare exception to come out on top. He, like Trump, and so many other mogul’s sit atop the Forbes list and preach their “swing for the fences” propaganda with how they risked everything to get everything. The book further preaches that in order to be a B or an I person, you need to have the determination to take those chances and throw all caution to the wind. . . But do I need to remind you that less than 1% of total population in the world controls over 99% of the wealth? So how many of those thousands, millions, billions of people out there are struggling for the pipe dream of becoming the 1%, risking it all, and losing. Only to be told, “oh well, I guess you are just an E or an S person after all”. Barring the rare exception, and even those moguls on the Forbes list get tagged with a bankruptcy every now and again, the house always wins. . . So here again is Kiyosaki, who after blathering for some time about his self-made success introduces the brilliant idea of “network marketing”. Turn the next page after he introduces it, I kid you not, the first thing he confesses is “I didn’t really make my money from network marketing nor do I technically. . . . DO . . . . network marketing”. And yet, here he is dedicating an entire book about it and pocketing the profits. To all the I and B quadrant thinkers out there reading this now, this is what he refers to as creating an “asset” that makes money for you. . . And damn am I glad the dude who had me read it just pushed his copy my way instead of making me buy my own and make my own contribution of supporting the problem. I am personally all for letting people believe what they want to believe and to do what’s in their rights to do. However, I begin to have problems when someone is attempting to force what they believe onto someone else and flat out tells them they are bad or they are wrong if they are not doing it their way. Kiyosaki and all his B and I cult, yes cult followers, are free to shoot for the dream and go for their wealthy lifestyles. But don’t you dare look at the working class people who make this world turn and tear them down or make lesser of their lives. Especially when majority of the doings of this so-called cash cow being preached about here is typically chalked up to a bunch of shady dealings, pyramid scams, ponzi schemes, or whatever sham is being devised to cheat the working class they’re slamming at the same time. It should be no shock that when this guy sat back down with me the second go around, the false empathy in his happy-go-lucky positive outlook demeanor couldn’t shake that I had just called his “bible” flat out pretentious and condescending to decent human beings. To my credit, I said it with a smile and in the inviting fashion to engage in the ever dying form of debate. But like most people these days, they are right, you are wrong. And when I gave the chance for him to explain what this project actually “does”, on came the I and B quadrant mumbo jumbo to tip-toe around the question that he simply chalked up to “I wouldn’t get because I was stuck on the other side of the chart and people like me would never understand”. He told me that it wouldn’t be a great fit, he wished me well with my job, and that if I ever changed my mind to give him a call and he would refer some names since he wouldn’t most likely be looking for anybody at that point anymore. . . Kiyosaki would be so proud. Life lesson learned and my first Fail grade of the year on a book. WOOT

  4. 4 out of 5

    Christopher Obert

    I call these types of business books “Feel Good” books. The authors spends most of their time making you feel good about yourself, and I have no problem with that, we should all feel good about ourselves! However, this is supposed to be a business book and when a business book sounds more like a pep rally it is time to head for the door! This book is full of contradictions! These contradictions prove to me that slight of hand is taking place. The book is no different from the Rich Dad, Poor Dad I call these types of business books “Feel Good” books. The authors spends most of their time making you feel good about yourself, and I have no problem with that, we should all feel good about ourselves! However, this is supposed to be a business book and when a business book sounds more like a pep rally it is time to head for the door! This book is full of contradictions! These contradictions prove to me that slight of hand is taking place. The book is no different from the Rich Dad, Poor Dad books that Kiyosaki wrote. There is some truth, and even a hint at good business advice in them, but the books fail on too many levels to be worth the time. I recommend you look to other business books if you are serious about creating a business, improving your financial health or learning more about the economy.

  5. 4 out of 5

    Hisham

    summary : -become a salesman for a company -find your friends -convince them in purchasing from you -inspire some of them to be a salesman just like you for the same company I don't like the concept . What an awkward situation to be a salesman and the target of your salesman tricks are your friends, and even if you take off your salesman hat things still feel weird. I would hate to be in a friends gathering and suddenly hear " hey the thing you sold me last week is a piece of junk , give me my money summary : -become a salesman for a company -find your friends -convince them in purchasing from you -inspire some of them to be a salesman just like you for the same company I don't like the concept . What an awkward situation to be a salesman and the target of your salesman tricks are your friends, and even if you take off your salesman hat things still feel weird. I would hate to be in a friends gathering and suddenly hear " hey the thing you sold me last week is a piece of junk , give me my money back "

  6. 4 out of 5

    Eric Steinmuller

    What a load of rubbish. More of a self-help book as it is devoid of any sort of "business of the 21st century". The author was probably looking to line his own pockets by talking up the scam of network marketing and attempting to push it on his readers. Do not waste your time with this garbage, you'll regret it. I sure do.

  7. 5 out of 5

    No

    We all know the government is shit, and is getting worse. Employees get taxed out of the ass while investors get huge tax breaks. The rich get richer and the poor get poorer. Mr. Kiyosaki knows this and I agree when he says that instead of complaining about it we need to learn about it and then take advantage of it. This book alsoexplains why network marketing is the new top business of the 21st century. Notes & Quotes: "Take responsibility for your finances - or get used to taking orders for We all know the government is shit, and is getting worse. Employees get taxed out of the ass while investors get huge tax breaks. The rich get richer and the poor get poorer. Mr. Kiyosaki knows this and I agree when he says that instead of complaining about it we need to learn about it and then take advantage of it. This book also explains why network marketing is the new top business of the 21st century. Notes & Quotes: "Take responsibility for your finances - or get used to taking orders for the rest of your life. You're either a master of money or a slave to it. Your choice." - Robert T. Kiyosaki (The Business of the 21st Century, Pg. xi) "Have you ever wondered where the idea of retirement at age 65 came from? I'll tell you where: Otto Von Bismarck, the president of Prussia, in 1889. Actually, Bismarck's plan kicked in at age 70, not 65, but it hardly matters. Promising their old folks a guaranteed pension after age 65 was not much of an economic risk for Bismarck's government: At the time, the life expectancy of the average Prussian was about 45. Today, so many are living well into their 80s and 90s that the same promise might well bankrupt the federal government within the next generation." - Robert T. Kiyosaki (The Business of the 21st Century, Pg.11) "Forbes magazine defines "rich" as a person who earns in excess of $1 million per year (about $83,333 per month, or just under $20,000 a week), and "poor" as someone who earns less than $25,000 a year." - Robert T. Kiyosaki (The Business of the 21st Century, Pg.15) Book: Cashflow Quadrant Book: Rich Dad Poor Dad Book: We Want You to Be Rich 27 books in the rich dad series as of (2010) Cashflow Quadrants: Employee (Security) Self-Employed (Independance) Business owner (Wealth Building) Investor (Finacial Freedom) "Oh, I know that some schools teach stock picking, but to me, that is not investing: that's gambling."  - Robert T. Kiyosaki (The Business of the 21st Century, Pg.22) "Have you ever used one of those spring-loaded water faucets that some public restrooms install to save water? When you turn the water on, you have to hold the faucet there, because when you let go, it bounces back to the off position. Most people's income source works just like that faucet: You get a little money flowing, and then when you let go, it bounces back to off. You can never build freedom that way. What you want is a money faucet that you can let go of once you've turned it on, because it stays on by itself." - Robert T. Kiyosaki (The Business of the 21st Century, Pg.30) Passive Income - Residual Income Popular business model of passive income: network marketing "It's not about income - it's about assets that generate income." - Robert T. Kiyosaki (The Business of the 21st Century, Pg.39) "Your house is not an asset; it's a hole in the ground into which you pour money." - Robert T. Kiyosaki (The Business of the 21st Century, Pg.40) Build Assets "While I won't work hard for a job, I'll work really hard to build an asset, simply because I think like a rich person, not like a working-class person." - Robert T. Kiyosaki (The Business of the 21st Century, Pg.40) "My house went up in value. My car went up in value." That's capital gain, not cash flow." - Robert T. Kiyosaki (The Business of the 21st Century, Pg.40) "If you want to become rich, you need to network with those who are rich or who can help you become rich." - Robert T. Kiyosaki (The Business of the 21st Century, Pg.55) "Wealth is the ability to survive so many number of days forward. Ask yourself, "If I stop working today, how long could I survive financially?" Your answer is equal to your wealth at this moment." - Robert T. Kiyosaki (The Business of the 21st Century, Pg.78) Network Four-step plan to retire young and rich: 1) Build a business 2) Reinvest in your business 3) Invest in real estate 4) Let your assets buy luxuries "Most people think that the point of real estate is to buy a property at one price and then sell it (either quickly, after some hasty improvements, or at a later time) for a higher price. Wrong. That's just buying a cow and then selling it for steaks. What you want to do is buy a cow and keep it forever so you can sell its milk." - Robert T. Kiyosaki (The Business of the 21st Century, Pg.80) "You don't use your income to buy yourself luxuries: You use your income to build your assets - your business and real estate investments - and then, once they're sufficiently built to be able to do so, you let them buy your luxuries."  - Robert T. Kiyosaki (The Business of the 21st Century, Pg.81) "In his book Outliers: The Story of Success, Malcolm Gladwell explains that to become outstandingly accomplished at anything, it takes about 10,000 hours of hard work." - Robert T. Kiyosaki (The Business of the 21st Century, Pg.108) "I know that the more mistakes I make and learn from, the smarter I will become. If I make no mistakes for five years, then I am no smarter than I was five years ago - just five years older." - Robert T. Kiyosaki (The Business of the 21st Century, Pg.108) "I realized that it was not the tangible asset that was valuable. It was information relative to the asset that ultimately made a person rich or poor. ... It is your financial intelligence that makes you rich." - Robert T. Kiyosaki (The Business of the 21st Century, Pg.112)

  8. 4 out of 5

    Sukhi

    The book should be renamed "The business of building a pyramid scheme"

  9. 4 out of 5

    Martel Campbell

    This book presents an interesting perspective on wealth creation and one that in general I agree with and sure that Mr. Kiyosaki does as well. There are merits in his cash flow quadrant idea and don't think many would disagree that investing money to have it work for you (I quadrant) and owning a large business with the resources to support itself with minimal effort on owners part (B Quadrant) are preferable to being an employee (E Quadrant) and starting a company from scratch (S Quadrant). But This book presents an interesting perspective on wealth creation and one that in general I agree with and sure that Mr. Kiyosaki does as well. There are merits in his cash flow quadrant idea and don't think many would disagree that investing money to have it work for you (I quadrant) and owning a large business with the resources to support itself with minimal effort on owners part (B Quadrant) are preferable to being an employee (E Quadrant) and starting a company from scratch (S Quadrant). But this pretty much amounts to common sense. The idea of earning passive income is not revolutionary in the the slightest. The reason that it's not more common is because it is incredibly difficult and what this book attempts to offer is a shortcut to that reality. This book uses a valid theory of possessing assets that generate ongoing income to try to sell a poor application of the theory. After pg. 30; this book turns into a complete sales pitch for this new "Business of the 21st century" model *eyeroll*. Kiyosaki definitely believes on developing assets that generate income but he is not out there building a network marketing company; his asset he developed was his personal brand which allows him to keep slapping his name on the same content and selling it to people. The largest and most profitable companies in the 21st century are NOT network marketing companies. This should be fairly obvious but if you'd like some support for this statement look at what companies compose the Dow Jones Industrial Index or the S&P 500. A "business of the 21st century" that is not prevalent in the 21st century is probably not the business of the 21st century. Kiyosaki repeatedly makes the statement that network marketing isn't about selling which is complete bs. Just because it's not about selling products doesn't mean it's not about selling; in my book selling dreams still counts as selling and that what network marketing amounts to in regards to a business model. On an elementary level, businesses make money by A)selling something or B) providing some service. The notion that "the whole point [of network marking] is not to sell a product but to build a network." Building a network certainly sounds more noble than "selling a product" but in the context of network marking, what is building a network? It is having "an army of people who are all representing the same product or service to share with others." And how do you get this "army of people"? You tell them how great network marketing is and all the ways they will benefit if they join you in the business! And all they have to do is attend a presentation (or drink the kool-aid from this book) and pay a fee then it could be all theirs ! (hint hint: convincing someone to do something for a fee is called a sale). And this he says, is what the business is all about. So yes, network marketing is indeed about selling a "product" which happens to be a dream. To those who retort,"nobody says its easy so it's not selling a dream," I'd respond that when the undertones of your sales spill is "these people did it and have financial freedom now, so you can do it too" then you are selling a dream. Which fundamentally; there's nothing wrong with however I personally object to it as a matter of principle. Some people are okay with selling dreams to their family and friends; I'm just not. I'd have a significant amount of more respect for the network marketing idea if those companies framed themselves as providers of professional development and entrepreneurial skills and individuals pay a membership fee for access to that skill training and are able to earn commission by selling the services to others. Much more accurate and transparent business model than what Kiyosaki describes. This would imply that there was legitimate professional development and entrepreneurial skill training taking place which may not be a completely accurate assumption but that's a different conversation. But what do I know...

  10. 5 out of 5

    Em Anthony

    I just read 115 pages of basically no valuable information. A lot of words with no substance. "This is going to be great!", "This will change everything!" "Freedom freedom freedom", "this works!" All without offering any concrete information on how this network marketing fully works.

  11. 4 out of 5

    Angela Marra

    Great book. Found it very informative. Robert expands on the way business is heading and to look out for yourself, you need to work for yourself. I'm on my way. I've found the right Net Work Marketing Company to succeed with. I believe in it and I'm going all the way...My goal is to be Financially free. Thank you Robert Kiyosaki for the inspiration!

  12. 5 out of 5

    Wells Hamilton

    The good: It introduces readers to the power of a network in business. I thought I knew what this book was going to be about, but was surprised. Some lightbulbs went off, and it colored in certain ideas that had once only been in black and white. Also, this book reminds readers of the "cash flow quadrant" from his previous book of the same name, which is a very valuable notion to understand. The bad: This book reads like a sales-pitch website. The kind where there's a thin row of text in the The good: It introduces readers to the power of a network in business. I thought I knew what this book was going to be about, but was surprised. Some lightbulbs went off, and it colored in certain ideas that had once only been in black and white. Also, this book reminds readers of the "cash flow quadrant" from his previous book of the same name, which is a very valuable notion to understand. The bad: This book reads like a sales-pitch website. The kind where there's a thin row of text in the middle, and you scroll down for a long time, and then there's a link to some product at the end. I got a few good nuggets of knowledge from this book but it is 90% fluff.

  13. 5 out of 5

    Kris

    A whole lotta bad fluff. Thinking I was doing basic career networking, instead I found myself listening to a spiel about “network marketing” one random afternoon. It was quite fun to pick apart the rehearsed vague praises of working your own hours, owning your own business, getting rich, retiring early, receiving mentorship, and building the “right mindset” about business. Somewhere in between a pyramid scheme, Amway, and Avon. If someone hands you this book, run away.

  14. 4 out of 5

    Vaishali

    Geared toward the network-marketing cult, but still has pearls for any entrepreneur. Some gems: There are 4 types of people : ------------------------ 1. People who always have to be right ** rarely change ** lawyers, accountants 2. Comfort-seekers "... House could be burning down, but they're on the sofa watching football... " 3. Approval-seekers ** people who must be liked ** will probably never be successful, because their survival is linked to making others happy 4. People who like to win ** Geared toward the network-marketing cult, but still has pearls for any entrepreneur. Some gems: There are 4 types of people : ------------------------ 1. People who always have to be right ** rarely change ** lawyers, accountants 2. Comfort-seekers "... House could be burning down, but they're on the sofa watching football... " 3. Approval-seekers ** people who must be liked ** will probably never be successful, because their survival is linked to making others happy 4. People who like to win ** setting big dreams and goals ** achieving something no matter how long it takes "Create assets, meaning something that generates wealth without you working on it." "Do not work for money... Work to create an asset. That asset will create wealth for you. Assets are real wealth." "Wealth is not measured in money, wealth is measured in time. If you have $1K in the bank, and your expenses are $1K monthly, then your wealth is 1 month. If you have an asset, then your wealth is infinite because it's always giving you cash." "The people who win are the people who take action." "Become bigger than your problems." "The economy is not the issue... the issue is you." .

  15. 4 out of 5

    Adrienne

    Quick read but overall did not resonate with me. Though the author makes some good points (about the importance of building assets, the need to update our education system, etc), he was so unlikable that I had a hard time developing the trust that is necessary in taking someone’s advice. (He tells an anecdote, for example, about how at one point in his life he and his wife were so poor that they were living out of their car. Friends would sometimes offer them a place to stay or meals and ask Quick read but overall did not resonate with me. Though the author makes some good points (about the importance of building assets, the need to update our education system, etc), he was so unlikable that I had a hard time developing the trust that is necessary in taking someone’s advice. (He tells an anecdote, for example, about how at one point in his life he and his wife were so poor that they were living out of their car. Friends would sometimes offer them a place to stay or meals and ask them what they didn’t get jobs. His response was that they wanted a better life than being traditionally employed and refused to settle for anything less than financial independence. —That was one of the most arrogant things I’ve ever heard). It’s important to know that this book is essentially trying to sell you on joining a network marketing company. However, even after I read all 115 pages of this book, I was still unclear on HOW it worked, and how it would bring you financial independence without encoding some kind of pyramid scheme. That being said, it’s a quick and easy read. Propaganda, but quick and easy.

  16. 5 out of 5

    Lori

    NWM network marketing, multilevel author of Rich Dad Poor Dad p.16 quadrants how do you make money Employee/Self/employed-small-business/Business owner/Investorer p.74 4 elements of leadership mental/emotional/spiritual/physical must control all 4 and help these 4 elements in your employees (to make them effective leaders) or you will fail 4 steps to financial freedom 1) build a business - generate a lot of $, tax brakes vs employee quadrant 2)Reinvest in your business -don't use your income as a NWM network marketing, multilevel author of Rich Dad Poor Dad p.16 quadrants how do you make money Employee/Self/employed-small-business/Business owner/Investorer p.74 4 elements of leadership mental/emotional/spiritual/physical must control all 4 and help these 4 elements in your employees (to make them effective leaders) or you will fail 4 steps to financial freedom 1) build a business - generate a lot of $, tax brakes vs employee quadrant 2)Reinvest in your business -don't use your income as a source to live on (keep day job) 3)invest in real estate(as an income generating assest) 4)let your assets buy luxuries p.83 "How can we afford it?" vs "We can't afford it" Shift in mind from "Ican't" to "I can!!"

  17. 4 out of 5

    Tyler Nigon

    98% of the content in this book probably could have been said in 15-20 pages. The content is decent, but it just drags on and on.

  18. 5 out of 5

    Tamara

    This book is all about how you should be a part of a pyramid scheme. It even has literal illustrations of a pyramid scheme with one guy at the top. Robert Kiyosaki is just gross.

  19. 5 out of 5

    Oleksandr Golovatyi

    Excellent book from Robetre Kiyosaki, in which he describes the basic principles of financial independence and wealth of the 21st century. At the beginning of the book the author tells that every person should take his financial future under control and his success depends only on him. Next is a description of the main eight assets to create real wealth. Here are the 8 assets: - knowledge of business in the real world; - perfection of personal qualities; - The circle of friends who share your Excellent book from Robetre Kiyosaki, in which he describes the basic principles of financial independence and wealth of the 21st century. At the beginning of the book the author tells that every person should take his financial future under control and his success depends only on him. Next is a description of the main eight assets to create real wealth. Here are the 8 assets: - knowledge of business in the real world; - perfection of personal qualities; - The circle of friends who share your values; - strength of network structures; - Reproduced and expanded business; - Strong leadership qualities; - the mechanism of creating a fraudulent wealth; - big dreams. At the end of the book, Robert puts the main theme - "your future begins today." -------------------------------- Отличная книжка от Робетра Кийосаки, в которой он описывает основные принципы финансовой независимости и богатства 21 века. В начале книги автор рассказывает о том, что каждый человек должен брать свое финансовое будущее под контроль и его успех зависит тлько от него. Дальше идет описание об основных восьми активов для создания реального богатства. Вот эти 8 активов: - знания о бизнессе в реальном мире; - совершенствование личных качеств; - круг друзей, разделяющих ваши ценности; - сила сетевых структур; - репродуцируемый и расширяемый бизнес; - сильные лидерские качества; - механизм создания подленного богатства; - большие мечты. В конце книги Роберт основной темой ставит тезис - "ваше будущее начинается сегодня". I read books on Scribd or Google Books by Readlax Chrome Extension

  20. 4 out of 5

    Daniel Fazzina

    This is a really good book that talks about the merits of Network Marketing, and the need for people today to change their thinking from one of an "employee" to one of an "entrepreneur/business" owner if they ever want to be financially independent. While this is certainly not a new idea nor new information, this book really illustrates how this makes sense in simple, layman's terms. I think this is Robert's best book so far. I highly recommend it.

  21. 5 out of 5

    Karen Ceja

    We all are heading to the choice of do something or remain the same. Networkmarketing is the perfect choice to learn and make money on the way

  22. 4 out of 5

    Kase Vollebregt

    The awesome thing about this book is that it helps you become more adept at spotting other bullshit like it.

  23. 4 out of 5

    Tihomir

    As usual pretty impressive thinking of Mr. Kiyosaki. I was amazed by a lot of facts in terms of finance freedom and I will try to do my best to achieve my goals.

  24. 4 out of 5

    Justin

    Whereas the majority of the books on my read shelf come from my favorite authors, recommendations from librarians and friends, or hearing buzz about my favorite topics and genres, this is the first book that has come to me thanks to a trip to Lowe's. Allow me to regale you with a true story before my review. We hearken back to early July 2019, where we find our protagonist (me) shopping for granite countertop sealers at Lowe's, decked out in a sleeveless shirt from my college. I generally hit up Whereas the majority of the books on my read shelf come from my favorite authors, recommendations from librarians and friends, or hearing buzz about my favorite topics and genres, this is the first book that has come to me thanks to a trip to Lowe's. Allow me to regale you with a true story before my review. We hearken back to early July 2019, where we find our protagonist (me) shopping for granite countertop sealers at Lowe's, decked out in a sleeveless shirt from my college. I generally hit up Home Depot, as it is closer to my house, but they do not stock my preferred brand there. So I stand there in the aisle, picking out what I need. I turn to go check out when I hear, "Oh a [my college] grad! I went to [college nearby my college]!" I turn to see an unassuming man in his early forties before me. (For this story, I will call Tom so I don't have to call him random Lowe's man.) Not wanting to be rude, I say, "Oh I had some friends who went there." Tom: "What brings you down South?" I reply, "A teaching job." Tom: "No way, I used to be a teacher. I eventually left to work in consulting." Me: "I do some consulting on the side, too." He looks at me for a moment. "You know, maybe a guy like you could work with me." Knowing that extra income is always nice for public school educators, I say I'd be interested and we exchange numbers. A few days later, he texts me to set up a meeting at a cafe inside the local Wegman's, which seemed a bit amiss. Nonetheless, I forged ahead. I roll up to the meeting and we make small talk. I hate small talk, but I do enjoy money, so I engage with him. Eventually, it turns to business. He begins telling me about his business mentor who also happened to go to college and also happened to be a teacher, but he retired at 26 as a multi-millionaire. I should note that a generic name was given at one point, but he generally referred to him as mentor, so I will do the same. Long story short, Tom had asked mentor to be his mentor and teach him how to business. I have no idea what the actual business is, but it apparently makes a lot of money. Tom then begins to ask me about my financial life. Do I live the life I've always dreamed of? I truthfully reply that education isn't exactly a windfall, but it pays the bills. Could I be happier with more money and financial freedom? Yes... but I feel like most people would say yes to that too. (At this point, you're probably wondering how this story is going to eventually tie into a book review. I promise that we're getting there soon.) Tom tells me he was in my shoes when he was my age. He had told his mentor about our meeting in Lowe's. Little weird, but sure, I guess I'm remarkable. Tom said he had asked his mentor if I could be brought on like he was. I was confused at this point because I thought this was a quasi-interview to work for Tom as a consultant. Tom tells me his mentor kind of does what Amazon does, but smaller and differently - so basically, not like Amazon at all? He then drops a bombshell. Tom's mentor makes money from something called "network marketing." When asked if I know what this is, I said it kind of sounds like BeachBody or MaryKay or the likes. Tom tells me it is, but it isn't. Such clear details I am getting. Enter the book. (See, I promised it would be coming soon.) Casually, Tom slides this book across the table to me. It's a slim volume, clocking in at about 115 pages. He asks how fast I can read it. Flipping through it, I say it should maybe take me a few days. He tells me the book is mine to read and mark up as I'd like, and I should send him my thoughts as I read it. As we're wrapping up, he wants to get another meeting on the calendar. He says, "How does Thursday work for you?" Somewhat perplexed, as I have learned no real information in the past hour, I reply, "Well that's my first full day of work, so I don't know if that will work." I should also note that this is Monday evening, effectively giving me three days to read this entire book - and I was in the middle of Pines already (which was fantastic). He pushes for a Thursday meeting, and also asks me to bring my wife to meet his, which I find very strange. At this point, I just agree to it, since I want to leave. We part ways, and I leave with the book in tow and a ton of questions in my head. When I get home, I really have no words to explain it to my wife other than, "It was a very strange meeting, and I think there is going to be a second, and he wants you to come, too?" She is skeptical. Wednesday evening rolls around, and I have not even begun the book. Tom texts me asking about my progress. I tell him I haven't even started. He asks me when I could be finished with it. I reply with, "Maybe by the end of the weekend?" Tom: "Ok, I will ask my mentor if that is ok with him to extend you some more time." I haven't felt such deadlines to read since my time in high school AP English and I am a bit taken aback by a man who is claiming to spout financial freedom needing to get permission for me to take a bit more time to read. The next morning, my phone dings with a text from Tom. He's cleared it with his mentor - I now have until Monday to read this book. My curiosity takes over. What could be in this book that is so urgent? I crack it open that evening and dive in... Overall, it's very lackluster. There are a few nuggets of wisdom in there, but not enough to warrant 115 pages. The author alternates between humblebrags, thinly veiled put downs against the working class, and his close ties with Donald Trump, who seems to be the only wealthy person he knows. This book was also written in 2009, and has not aged well. On one page, while mentioning successful businesses, he discusses Microsoft and Tupperware in the same paragraph... neither of which are exactly the same powerhouses today in 2019. The author also speaks at length about his time being homeless and living in his car, but refusing to work since it's "beneath him." However, he says by thinking differently and growing assets, he made millions. Yet, he never gives too much away in the concrete details, so the reader has to infer a lot. When you read between the lines, you realize what he is calling network marketing is the same thing as multi level marketing or a pyramid scheme. I may not make much as a teacher, but I also don't want to be blowing up friends and family with trying to get them to buy random crap. Not long after, I finished the book, more just because I wanted to add it to my read shelf since I haven't figured out this whole abandoned book shelf yet, and then dove into the Internet to learn more. Apparently, there is an army of Toms out there who do the same thing to young people all over - approach them in a public place, strike up conversation, initiate a meeting later, give them this book, and then try to rope them in on this pyramid in further meetings. Suffice it to say, I felt both flattered that I appeared young enough to be approached and shocked that I seemed like a good mark. I almost texted Tom to cancel the Monday meeting, but then I realized I could beat him at his own game. When he texts me on Monday, I plan to ask for more time, saying I went to participate in a rodeo at a friend's farm for the weekend, forgot the book at home, and was too exhausted by the time I returned. Depending how that goes, I will continue giving increasingly ridiculous excuses why I couldn't read it until he eventually gives up. It shall be my multi level marketing of sorts, in which it is I who is at the top of this pyramid... of comedy. TLDR - Basically, the book is not worth your time, but you probably got it for free from your very own Tom, so at least you didn't waste your money!

  25. 5 out of 5

    Dhiraj Rai

    The book revolves around financial education and building your career in network marketing business. The book is good to gain knowledge about self development, finance management and learning skills to build long term wealth. A good read for students and people who lacks basic financial knowledge. The book will help you to develop thinking and make plans on how to achieve your financial dreams with the help of network marketing business or any business. The 4 quadrant rule is must to Know about. The The book revolves around financial education and building your career in network marketing business. The book is good to gain knowledge about self development, finance management and learning skills to build long term wealth. A good read for students and people who lacks basic financial knowledge. The book will help you to develop thinking and make plans on how to achieve your financial dreams with the help of network marketing business or any business. The 4 quadrant rule is must to Know about. The book tells that network marketing is not the business of selling, although it is a business of self development, developing communication and management skills and educating ourselves and others as well.

  26. 5 out of 5

    Morgan A Satteson

    This review has been hidden because it contains spoilers. To view it, click here. The book made some decent points in favor of network marketing. However, the book did not address any of the problems with network marketing. A good informative book will explain all data, supporting and opposing points regarding the subject matter of the book. Further down I'll make a few points explaining certain flaws of network marketing. I of course encourage any reader to do their own research regarding the matter. I ensure there is more to learn about network marketing than this short The book made some decent points in favor of network marketing. However, the book did not address any of the problems with network marketing. A good informative book will explain all data, supporting and opposing points regarding the subject matter of the book. Further down I'll make a few points explaining certain flaws of network marketing. I of course encourage any reader to do their own research regarding the matter. I ensure there is more to learn about network marketing than this short played-up beginners guide to network marketing has to offer. Now, what bothers me is Robert Kiyosaki's failure to present his own personal success with Network Marketing. Kiyosaki basically states in the book that he's seen network marketing work for people whom he's associated with, but overall he claims to be a bystander of network marketing, watching from the sidelines. This is false. Kiyosaki struggled to sell Rich Dad Poor Dad (yes, the New York Times Best Seller did not instantly become a best seller). Long story short, Kiyosaki met a man (Bill Gavin, a "diamond" level sales leader in Amway) who helped Kiyosaki to sell his book. How, you may wonder? Well, network marketing of course! Leaders in Amway began to hand the book out to thousands of network marketing rookies as basic training material. Other MLM's aside from Amway began to use the book as on boarding curriculum as well. In conclusion, using network marketing Kiyosaki was able to grant his book incredible exposure...eventually earning himself a spot as a New York Times Best Seller. It's safe to say that network marketing highly benefitted Kiyosaki. Yet, this is never mentioned? Why? Could it be because he is making money off of these low-end network marketing prospects who have not the slightest clue what they're getting into? *According to the DSA (Direct Selling Association) the median income for a direct seller (network marketing or MLM distributer) is $200/month. This is great for those needing some petty cash on the side. I will not of course ignore that there are indeed individuals who make 6+ figures/year with MLM business! These distributers generally have 1,000+ active distributers downline from themselves. (That's a lot.) *On average, 1 in 545 are likely to have profited after subtracting expenses and 997 out of 1,000 individuals involved with an MLM lose money (not including time invested.) Overall for the average-joe, the odds are statistically against creating true wealth in network marketing. My favorite part of the book was the explanation of the business quadrants: E, S, B & I. (Employee, Self-Employed, Business Owner & Investor) I love learning something new, and I was unfamiliar with this topic prior to reading the book. The novel goes on to explain how network marketing, if done properly, can shift you from an "E/S" mindset or lifestyle to the "B" way of life. Meaning, in network marketing you no longer need to be an employee, you can be a business owner! Ok, sure. Theoretically a person involved in network marketing selling "Mary-Kay" to other people (who will then also begin selling Mary-Kay to other people) is "like" a business owner. This person works whatever hours they like and they make their own schedule, like a business owner. There is no "clocking in" daily and nobody to absolutely force this person to work. This person is in charge to some degree of their own success, comparable to a business owner. This person must invest money to make money. However, this person is confined to selling the products that the large-scale company (Mary-Kay) sells. This person is generally restricted to where the product can be sold (cannot generally sell MLM products on eBay or a personalized website). This person is confined to how the product can be sold and marketed. And, if the business were to theoretically fail entirely...this Mary-Kay rep would also fail. Just like any other business who fails, their employees then fail (they lose their jobs.) This rep will report to a "mentor" (boss) who will make money off of her, a comparable situation of her neighbor who works 9-5. This MLM distributer is still stuck in the "employee lifestyle". The book paints the picture of network marketers being astounding entrepreneurs. (Yes, people succeed. No, the majority do not largely excel!) I was advised to read this book by an MLM company who was trying to recruit me. Of course I was advised of it, what a perfect book for recruitment! I give two book a 2. Overall the book really hyped up network marketing. What a great look into network marketing through rose-colored glasses! My advice: research the success rate of a network marketing company before joining! *http://homebusiness.about.com/od/home... *http://www.inc.com/guides/2010/07/8-t...

  27. 5 out of 5

    James Wirshing

    "WOW! I used my highlighter on this book more than ANY other book that I've ever read. If you're interested in leadership; if you're interested in wealth-building; if you're interested in entrepreneurship, then you've got to read this book!"

  28. 4 out of 5

    SHINJINI

    Very inspirational. It changed the way I look at my life and how I want my future to be. I highly recommend this book to everyone.

  29. 5 out of 5

    Pedro Polanco

    Network marketing is the pyramid scheme business model. If you research it online, you'll find plenty of research on why the multi-level marketing / direct selling / network marketing described here has cost many people thousands. This read destroyed the last bit of credibility I held for Mr. Kiyosaki.

  30. 4 out of 5

    Siddhartha

    A kind of different approach and a new idea. Want to test it fully and see if this works.

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