Before You Quit Your Job
by Robert Kiyosaki with Sharon Lechter, CPA
Published by Warner Business Books
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Reviewed by Bob Pike CSP, CPAE-Speakers Hall of Fame
This book is another in the Rich Dad Poor Dad series. In it Kiyosaki explores what it takes to transition from employee to entrepreneur and from entrepreneur to business leader. He identifies and debunks the excuses people give for not acting on their dreams, He also identifies the roadblocks that people put in their own way by not thinking clearly about what it will really take to make an idea a profitable reality.
Among the vital lessons Kiyosaki wants us to learn are:
1. A successful entrepreneur finds the right idea, the right people to act on the idea, and the right money to leverage the whole project.
2. A successful entrepreneur operates from freedom and opportunity rather than security and resources.
3. The best time to answer the tough questions about starting a business -- is before you start the business -- not when you're in the middle of it. Some of these questions are:
a. How badly do I want my own business? Why?
b. How much will I extend myself to succeed?
c. Am I afraid to fail? If so, how can I make this a strength?
d. Am I willing to educate myself on the essential components of a successful business (defining and describing team, leadership, mission and understanding product, legal, systems, communications, and cash flow)?
4. Learn how to turn bad luck into good luck.
The book is filled with easy-to-understand, but sometimes hard-to-apply advice. But hard only in the sense that most of us do not like asking ourselves the hard questions -- and then acting on those answers. However, would-be entrepreneurs can accelerate their success by a thoughtful reading and application of this book and its principles.
Armchair Interviews highly recommends Before You Quit Your Job