I’ve begun reading “Why We Want You To Be Rich,” by Donald Trump and Robert Kiyosaki. It is mind-opening. Today I will begin a short series of thoughts about this book from my perspective as a home-based business owner.
I thought of subtitling today’s post, “Does Business have ‘titanium nerves and vision?’”
The reason being that on page 36 of the book, Mr. Kiyosaki references Mr. Trump’s “The America We Deserve” book: “….It will take a new breed of politician to push meaningful reform. It requires a risk-taker with titanium nerves and vision.”
It makes me wonder if either current candidate for U.S. president has these attributes: willingness to take risks and ‘titanium nerves and vision.’ Makes me think it ought to be time for our political realm in the U.S. to adopt organizational ontologics . If this is a new concept, ask me about it.
The crux of the book appears, in these first few chapters, to be the fear of global economic disaster due to the diminishing of the middle class [globally] and the lack of financial education on the part of just about everyone.
As Mr. Kiyosaki says in Chapter Three, we [a global collective ‘we’] need to raise our financial I.Q. He has a list of 10 pressing problems which I will put here with my notes:
1. Value of the dollar falling [do we business people need to make more so we can stay currently where we are?]
2. National debt increasing [do we really not know that Social Security is not a viable option? – besides which, we need to eliminate the ‘entitlement mentality’ – that’s another post]
3. Baby boomers starting to retire [1) and they are not optimizing their physical health so that they will not need long term nursing home/Medicare/Medicaid, and 2) whoever said we humans were “entitled” to retire? Whatever happened to ‘live until you die?’]
4. Oil prices rising [be part of the solution in any way you can]
5. Gap increasing between the rich and everyone else [a person who owns a home-based business need not confine themselves to the notion of a “small” business, the primary business which I am in has millionaires – email me for details; the home-based business owner can certainly be one of the ‘rich’ that Mr.’s Trump and Kiyosaki talk about]
6. Wages decreasing [or jobs being downsized or being laid off as in the software industry, or a depressed market like the housing construction market and its ripple effect to associated businesses]
7. Jobs being exported [this is difficult – do not the people in other countries deserve employment also?]
8. Social security and Medicare going bankrupt [who doesn’t know this?]
9. Savings being wiped out [or, like many baby boomers, they never had any to start with]
10. Lack of financial education being taught [was it ever?]
These two men are teachers and this book is definitely instructive. What do you think about Mr. Kiyosaki’s list?
Filed under: Economy | Tagged: baby boomers, candidates, Donald Trump, economic, financial, home-based business, Medicare, national debt, organizational ontologics, presidential, rich, Rich Dad, Robert Kiyosaki, Social Security |