In the book Rich Dad Poor Dad by Robert T. Kiyosaki with Sharon L. Lechter the author who is also the narrator talks about how to educate yourself and your kids about money and how to control your money instead of letting it control you. The author grew up in Hawaii in a middle class family but had the chance to learn about money from his rich friend‚ Mike whose father in the book is referred to as his rich dad. The lessons concentrate on six major points of view that his rich dad taught him. He
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father – the poor dad - and the other was the father of his childhood best friend‚ Mike – the rich dad. Both fathers taught the author how to achieve success but with very disparate approaches. It became evident to the author which father’s approach made more financial sense. Throughout the book‚ the author compares both fathers – their principles‚ ideas‚ financial practices‚ and degree of dynamism and how his real father‚ the poor and struggling but highly educated man‚ paled against his rich dad in terms
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Rush Dad‚ Poor Dad Lesson One: The Rich Don’t Work For Money This lesson begins when Robert Kiyosaki and his childhood friend and business partner‚ Mike‚ want to learn about how to make money. The boys seek the advice of Mike’s successful "Rich Dad" and he teaches them to make money work for them. Their first task was to dust cans at the father’s store and only receive 30 cents a day as pay‚ this did not please Robert who thought it unfair to be paid so little. It is here that the boys
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Rich Dad‚ Poor Dad Robert Kiyosaki and Sharon Lechter This book was written about a man who had “two fathers” ’ one who had a Ph.D and the other who barely finished 8th grade. One of the fathers was actually his friend’s father‚ but someone who the author looked up to and appreciated very much. The other father was his own ’ who he also looked up to and appreciated‚ but who did not teach him much about money or finance. The first lesson of this book is: the rich don’t work for money.
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2013 Rich Dad Poor Dad In the book rich dad and poor dad basically was summons up that for an individual to be wealthy‚ one must aim to own the system or means of the production. In other words the book shows you how to strive for success‚ there is different types of ways to succeed like the book tells you. The rich dad and poor dad both had strong point of views in earning and succeeding in life‚ in my opinion I would have followed on the same footsteps Kiyosaki did in following his rich dad.
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Book Review How Rich Countries Got Rich and Why Poor Countries Stay Poor By Erik S. Reinert The book How Rich Countries Got Rich and Why Poor Countries Stay Poor is written by Erik S. Reinert and it is published in 2007. Reinert is a 62-year-old Norwegian economist who specializes in development economics and economic history (Wikipedia). Reinert attended the University of St. Gallen in Switzerland (where he studied economics)‚ Harvard University for MBA‚ and Cornell University
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REACTION PAPER IN FINANCE Fatima May Del Monte BSTM III This story about Rich Dad‚ Poor Dad it inspires a lot of people who already read this book. It gives us motivation in life. We all know everyone has a purpose in life. Educational attainment is important to have a successful life in the future. Treasure your knowledge about the things you’ve learned. Make some experienced like working in a company and pay yourself and buy a reward for you. By sharing your knowledge to everyone
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The ever widening gap between rich and poor can not be bridged. Why do some nations become rich while others remain poor? Traditional mainstream economic growth theory has done little to answer this question—during most of the twentieth century the theory focused on models that assumed growth was a simple function of labor‚ capital‚ and technology. Economic inequality is growing in the world’s richest countries‚ and the gap between rich and poor has widened over the last 20 years in nearly
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Poor little rich brands 1. Main ideas: -island for rich people which buy brands because this is what their local local stores sale only designer shops -new idea: big groups (LVMH=Louis Vuitton&Moet Hennessy) buy license from small rich groups to sell their products -big companies have the power and money to market products -little companies can`t afford it control whole value chain 2. Title of the case study: -small rich companies can`t afford it to advertise their products any more -designers
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01/16/13 ENGL 205 Sirohi‚ Gayatri Rich Man‚ Poor Man: Resources On Globalization Summary According to Carol Hammond and Robert Grosse‚ Globalization has become the motto of the 21st century. We are becoming more aware people’s ideas‚ world views‚ products‚ ideas‚ and other aspects of cultures. Globalization has opened many opportunities for other countries to explore new and different things. Globalization has increased interconnectedness among many countries most notably in the areas of
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