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Midas Touch: Why Some Entrepreneurs Get Rich-And Why Most Don't Hardcover – Illustrated, 24 Nov. 2011
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In Midas Touch, Donald Trump and Robert Kiyosaki ask the question: What’s an entrepreneur’s most important job? The answer: creating high-quality, stable jobs.
And in today’s marketplace, jobs” are in high demand and so are the skills and the innovation and vision of entrepreneurs.
In a world of high unemployment and an economy that needs new jobs to recover, who isn’t hungry for a solution, something that will speed economic recovery? Many look to the government, but it’s becoming more and more obvious that governments can’t create real jobs. Trump and Kiyosaki believe that only one group can bring our world back to prosperity: Entrepreneurs. And, especially, entrepreneurs with the Midas Touch.
This book is for people who are thinking of starting a business or who already have one and want to grow it. Midas Touch teaches how to leverage five key components that can impact success in business:
Strength of character
F.O.C.U.S.
Brand
Relationships
Little things that really count
- Print length348 pages
- LanguageEnglish
- PublisherPlata Publishing
- Publication date24 Nov. 2011
- Dimensions15.49 x 2.03 x 23.11 cm
- ISBN-10161268095X
- ISBN-13978-1612680958
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About the Author
Product details
- Publisher : Plata Publishing; Illustrated edition (24 Nov. 2011)
- Language : English
- Hardcover : 348 pages
- ISBN-10 : 161268095X
- ISBN-13 : 978-1612680958
- Dimensions : 15.49 x 2.03 x 23.11 cm
- Best Sellers Rank: 189,846 in Books (See Top 100 in Books)
- 1,247 in Entrepreneurship Careers
- Customer reviews:
About the authors
Robert Kiyosaki, author of Rich Dad Poor Dad - the international runaway bestseller that has held a top spot on the New York Times bestsellers list for over six years - is an investor, entrepreneur and educator whose perspectives on money and investing fly in the face of conventional wisdom. He has, virtually single-handedly, challenged and changed the way tens of millions, around the world, think about money.In communicating his point of view on why 'old' advice - get a good job, save money, get out of debt, invest for the long term, and diversify - is 'bad' (both obsolete and flawed) advice, Robert has earned a reputation for straight talk, irreverence and courage.Rich Dad Poor Dad ranks as the longest-running bestseller on all four of the lists that report to Publisher's Weekly - The New York Times, Business Week, The Wall Street Journal and USA Today - and was named "USA Today's #1 Money Book" two years in a row. It is the third longest-running 'how-to' best seller of all time.Translated into 51 languages and available in 109 countries, the Rich Dad series has sold over 27 million copies worldwide and has dominated best sellers lists across Asia, Australia, South America, Mexico and Europe. In 2005, Robert was inducted into Amazon.com Hall of Fame as one of that bookseller's Top 25 Authors. There are currently 26 books in the Rich Dad series.In 2006 Robert teamed up with Donald Trump to co-author Why We Want You To Be Rich - Two Men - One Message. It debuted at #1 on The New York Times bestsellers list.Robert writes a bi-weekly column - 'Why the Rich Are Getting Richer' - for Yahoo! Finance and a monthly column titled 'Rich Returns' for Entrepreneur magazine.Prior to writing Rich Dad Poor Dad, Robert created the educational board game CASHFLOW 101 to teach individuals the financial and investment strategies that his rich dad spent years teaching him. It was those same strategies that allowed Robert to retire at age 47.Today there are more that 2,100 CASHFLOW Clubs - game groups independent of the Rich Dad Company - in cities throughout the world.Born and raised in Hawaii, Robert Kiyosaki is a fourth-generation Japanese-American. After graduating from college in New York, Robert joined the Marine Corps and served in Vietnam as an officer and helicopter gunship pilot. Following the war, Robert went to work in sales for Xerox Corporation and, in 1977, started a company that brought the first nylon and Velcro 'surfer wallets' to market. He founded an international education company in 1985 that taught business and investing to tens of thousands of students throughout the world. In 1994 Robert sold his business and, through his investments, was able to retire at the age of 47. During his short-lived retirement he wrote Rich Dad Poor Dad.
Donald J. Trump is the very definition of the American success story, continually setting the standards of excellence while expanding his interests in real estate, sports, and entertainment. He is a graduate of the Wharton School of Finance. An accomplished author, Mr. Trump has authored over fifteen bestsellers and his first book, The Art of the Deal, is considered a business classic and one of the most successful business books of all time. Mr. Trump has over eight million followers on social media and is a frequent guest across a variety of media platforms. Photo by by Michael Vadon [CC BY-SA 2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons.
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I literally had my mouth opened when reading the afterword saying that immigrants children aspire for opportunity while their parent often dream of job security and a socially safe life for them. These last words were so unexpected and so to the point with what I'm living. It further convinced me that this book was a God send for me.
When reading the parts written by Donald Trump, I was initially thinking things like : well, you're telling me stories like how you built the Trump tower and how you got scammed and had a multi-million dollars debt to pay. This is a wealthy-man problem, do you think somebody will lend me 1 million dollars in the first place ? I was thinking : This is so disconnected from real life, this guy had investment money and was rich from the beginning, I wish I had the same kind of problems to deal with.
Luckily I decided to refrain this mindset early in the book, and give him a chance by paying attention to what he was saying. And what I found was gold. There is a reason behind every example he is giving, and he explains the point he is trying to make every time. This guy knows what he is talking about and what it will take a normal person to get in the position where he is. He is everything but disconnected. Once again I insist, see this book as a book written by wise people who weighted every word to educate people on complicate matters. None of them needed to write this book, but we needed them to write it.
I've read this book in 3 evenings only. After reading it the first day, I turned off an offer for an executive position with significant shares that my guts and my entrepreneurship spirit has been alerting me about for a while. This is why I think this book was a god send. It is the kind of book that gets you moving if and give you the how to, how to do, and how to think provided that you are aligned with the way of seeing life of the author. This was my case.
I recommend this book to every person, and especially young person not simply thinking of starting a business, but actually working and moving to start it. Dreamers won't benefit, but you will.
Now I'm equipped to start my web-tech company.
However this number of words is not required as a must for a review and I should not have to waffle to meet the absurd word limit.
Top reviews from other countries
Both of them have penned down their experience for everyone to follow
p13 "Entrepreneurs need to work 24/7 in the start-up phase, often working for free for months and even years. Its the number of hours worked for free that defines entrepreneurs and separates them from employees.
The number of hours working or practicing for free also determines the level of success you will have in anything….This is why its best to keep your daytime job and build your business in your spare time….you may be working for free for a long time.”
According to this book the cornerstones of a successful entrepreneur are:
Strength of character
Focus
Brand
Relationships
Little things that count
My favorite is strength of character which is essentially the entrepreneurial spirit. They defined this on p1 as “The entrepreneur’s ability to dream, win, lose and win again is often called the entrepreneurial spirit. It is what separates the entrepreneur from everyone else in business. It is what separates those who want to be entrepreneurs from those who can be entrepreneurs.”
I appreciate this book not being overly long as well. Most business books go on and on avoiding the heart of the issue basically padding the book with fluff to increase the book's size. This one does a good job with sticking to the core of the content. Again, great book and a must-read for every entrepreneur.
Tony Rogers Jr
Author of Visionary:Making a difference in a world that needs YOU
Gives great insight to the world of business and how one develops the "Midas Touch", while giving an abundance of practical examples from both Mr. Trump's and Mr. Kiyosaki's side. Very well structured, making re-reading for studying purposes very simple.
All in all, a definite must read for any serious entrepreneur ready to think outside of the mainstream business studies box.