Friday, August 29, 2014

Design your business well

A business is designed before there is a business. A poorly designed business will have to be re-calibrated.


Robert Kiyosaki is a Japanese American investor and author of popular book 'Rich Dad Poor Dad' where he wrote of his two dads. His rich dad taught him to think differently, inspired and helped him get rich on his own.

Wednesday, August 27, 2014

Partner in business

Rarely do I make an investment decision on my own. Business and investing are team sports. 90 % of businesses and real estate I own, am a partner in and/or operate.


Robert Kiyosaki is a Japanese American investor and author of popular book 'Rich Dad Poor Dad' where he wrote of his two dads. His rich dad taught him to think differently, inspired and helped him get rich on his own.

Tuesday, August 5, 2014

Robert Kiyosaki library business as a young boy

Robert Kiyosaki on how he made money even when he was a kid 

[My friend] Mike and I worked at a store for a couple weeks and noticed that the store manager would take the older comics, cut the covers in half, and give them to the distributor for a credit. This gave us an idea.

When the distributor came in to pick up the old comic books, we asked him if we could have them. Because we worked at the store, he said yes, but only if we didn't resell them.

Keeping our end of the bargain, we didn't sell them—we rented them out. 

Using a spare room in Mike's basement, we stockpiled hundreds of free comic books, and each Saturday we opened our library from 2:30 to 4:30 p.m. to the kids in the neighborhood. 

Admission was $0.10 a day, a steal since each book was $0.10 and you could read five or six in the two hours we were open.


As things got rolling, we averaged $9.40 per week—a lot more than the $0.30 we were making each week at the store. But we'd never have had the opportunity had we not worked there and had our eyes open to opportunity.