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A review by tmrogersjr1
Midas Touch: Why Some Entrepreneurs Get Rich-And Why Most Don't by Robert T. Kiyosaki, Donald J. Trump
3.0
I really like this book! Its a must-read for every entrepreneur. Robert and Donald team up to pen a practical guide on what it takes to be a successful entrepreneur. I appreciate the fact that they didn’t try to sell a pipe dream. They were very real and straight-forward and didn’t shy away from the fact that entrepreneurship is hard work and sacrifice is a prerequisite to success. Here is one of my favorite statements Robert makes:
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
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