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The Business School for People Who Like Helping People, by Robert T. Kiyosaki
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In this second edition of his bestselling book, Robert T. Kiyosaki updates and expands his original eight "hidden values" of a network marketing business (other than making money. Special Bonus - three additional "hidden values" from Kim Kiyosaki and Sharon Lechter. Robert explains that building a network marketing business... ...is a revolutionary way to achieve wealth. ...makes it possible for anyone to acquire great wealth. ...is open to anyone who has drive, determination and perseverance.
- Sales Rank: #142366 in Books
- Brand: Momentum Media
- Published on: 2001-03
- Number of items: 1
- Binding: Paperback
- 120 pages
Features
Most helpful customer reviews
207 of 208 people found the following review helpful.
The Higher Calling of Network Marketing Professionals
By P. Adams
This book was my introduction to Robert Kiyosaki and one that I've read several times over. Here's why:
Robert Kiyosaki doesn't say he's never been INVOLVED with networking, he has. What he says is he didn't make his fortune from network marketing. There's a big difference. Remember that when reading other reviews.
Robert explains to the reader how his opinion of networking changed (pg. 24) when, in the early 1990's, a well-respected and financially successful friend told Robert he was involved in network marketing. With Roberts past disinterest in networking, Robert didn't understand why a man who just completed over a billion dollars in commercial real estate transaction would be involved in network marketing.
This friend, Bill, went on to explain to Robert exactly what value he found in networking. This was the beginning of the turn-around. Now a financial success, Robert was able to investigate network marketing and clearly see all the true value it has to the motivated individuals. This is why he claims to be "unbiased".
Is this book the only thing you should study if you're considering network marketing? No way! Robert does point out that not all companies are good and among the good ones, not all organizations are good. Take your time and investigate all you can. If someone says you NEED to get started right away, walk away! If it's critical for you to get in today, how will you succeed tomorrow? Take your time.
Another thing Robert mentions in this book is the need to investigate the educational system. Many people claim to have a great training program, but, in actuality it's nothing more than a recommended reading list. If they have conference calls, dial in. If they have seminars, attend one. If they have one on one training, test the waters.
As Robert points out in this book, networking isn't for everyone, but it is a great way to create a passive walk away income that will give you freedoms and options in other investments. That's probably the number one point he makes. You don't need to become a networking guru, but, you can create a secondary income of $1000, $3000, or even $10,000 a month and use that to move into the B and I quadrants.
Open your mind, think of the education, the support from fellow achievers, and the options you'll create. That's the meat of this book.
There is a great free video presentation (SecretsOfTheRich.com) that anyone can watch to learn more about how Roberts thinking fits into network marketing.
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55 of 56 people found the following review helpful.
Book Summary -- Business School
By Justin Belkin
Perhaps best known for his financial education products, Robert Kiyosaki wrote this latest book to praise the benefits of owning a network marketing business. Although Kiyosaki made his wealth traditionally, without the help of a network marketing business, he believes that these businesses are the wave of the future because they embody the new Information Age economy. He believes these businesses are a good way to begin your journey to become rich.
Kiyosaki begins by reviewing the several ways that one may become rich. However, the path offered by his Rich Dad may be the most realistic and also hold the greatest profit potential. Rich Dad's path to success is simple, "build a business first, reinvest in the business second, buy real estate third, and only then buy luxuries paid for by your assets" (98). Most people fail because they lack the discipline and perseverance needed to follow through with the plan. This behavior often characterizes those who lack emotional intelligence. A successful person possesses analytic, financial, and emotion intelligence. Such a person succeeds by understanding that success is accelerated through the process of "rejection and correction."
Kiyosaki prefers network marketing businesses because there exists very few barriers to entry. Those who succeed in network marketing are able to combine their ability to sell and lead with their love for teaching. Kiyosaki writes, "Your job is to clone or duplicate someone just like you" (58). This is what ultimately determines the success of any network marketing business.
When convincing others of the value of a starting a "personal franchise," more commonly known as a network marketing business, be sure to cover several important areas. First, refer to the cashflow quadrant to inspire motivation and provide direction. Second, emphasize wealth rather than income (a.k.a cashflow versus capital gains) by explaining the income statement and balance sheet and how acquiring assets, specifically businesses, is crucial to developing long-term passive revenue streams. Third, introduce Metcalf's Law. Succeeding in a network marketing business demands the practical application of Metcalf's Law, which states that a network's economic value grows exponentially with the number of network users. Fourth, remind others of the fact that network marketing is the fastest growing business model in the world today. Big companies such as AOL Time Warner, Berkshire Hathaway, and Citibank all utilize network marketing. This comes as a surprise to many because network marketing businesses go largely unseen. Finally, emphasize the important of education. When searching for a network marketing business to join, educational opportunities should weigh more importantly in your decision than commissions or products.
37 of 37 people found the following review helpful.
an objective view from a former skeptic
By Larry Hehn
At last, a book about "network marketing" that is more than just a bunch of sugary hype. Right from the start, Kiyosaki acknowledges that the network marketing business is not for everyone. He also admits that the industry has had (and will continue to have) a fringe population of greedy and/or crooked hucksters that drive the rest of us crazy and close many minds to its true benefits.
For someone exploring a network marketing opportunity for the first time, this book gives a solid, realistic foundation from which you can chart your course. For all those who have dived into multiple network marketing opportunities looking to make millions in a matter of weeks, and those who have dabbled for a couple of months, grown discouraged and quit, this book is a much-needed wake up call.
The title tells it all -- network marketing is not a "get rich quick" vehicle. Rather, it is a business school where the ultimate goal is personal growth. In this second edition, Kiyosaki presents eleven "hidden values" of a network marketing business. This is the ideal tool to help you look beyond the hype, see the network marketing opportunity for what it really is, and set realistic expectations for your personal success.
Larry Hehn, author of Get the Prize: Nine Keys for a Life of Victory
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