Midas Touch: Why Some Entrepreneurs Get Rich-And Why Most Don't Hardcover – Oct 4 2011
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About the Author
Donald J. Trump, Chairman and President of The Trump Organisation, continually sets the standards of excellence while expanding his interests in real estate, sports and entertainment. From his role as star and co-producer of the NBC hit series The Apprentice and The Celebrity Apprentice to his award winning golf courses and skyscrapers, his business acumen is unparalleled. An accomplished author, Trump has authored over ten bestsellers and his first book, The Art of the Deal, is considered a business classic. Trump is the archetypal businessman - a deal maker without peer and an ardent philanthropist. Robert T. Kiyosaki, best known as the author of Rich Dad Poor Dad. Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. He is an entrepreneur, educator and investor who believes the world needs more entrepreneurs. With perspectives on money and investing that often contradict conventional wisdom, Robert has earned a reputation for straight talk, irreverence and courage.
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Top Customer Reviews
Most Helpful Customer Reviews on Amazon.com (beta)
I highly recommend this book for several reasons:
First and foremost, this book is about entrepreneurial mindset or frame of mind. This book is not about how to run a business. I found this perspective particularly valuable as I am currently personally shifting my mindset from that of being an employee to that of an entrepreneur.
Secondly, this book looks at the changing nature of the U.S. economy and how entrepreneurs must position themselves for success today and in the future. In this regard, I was reminded of the book title, What Got You Here, Won't Get You There
Thirdly is the discussion surrounding the Business- Investor Triangle which illustrates the 8 Integrities of Business. While this concept might not be new to some readers, what makes this information valuable is the discussion regarding how the entrepreneur should approach the triangle.
Finally, there is the discussion about what it takes for the entrepreneur to move from self employment to a business status as defined by Robert Kiyosaki's CASHFLOW Quadrants.
I found the book to be a quick, engaging read. Based on their experiences, Trump and Kiyosaki have identified five key factors of entrepreneur success. Each of the key success factors is a chapter in the book. Trump and Kiyosaki believe that to achieve success, today's entrepreneurs must master all five factors or attributes.
The five attributes are:
* Strength of Character
* The Little Things
Having studied entrepreneurship to the extent I have, I now appreciate that becoming a successful entrepreneur involves four things:
3. Business systems
When it comes to mindset, I believe this book does a great job covering the topic. If you are an entrepreneur or want to be one, then I would highly encourage you to make this book one of your must reads in 2012.
Robert's writing is really poor: choppy, boring and predictable. Donald's writing is very good and interesting. The problem is that about 65% of the writing in this book is Robert's, therefore the two stars.
What lifted this book to me was the fact that I was introduced to Robert Kiyosaki for the very first time. Having never read his other famouse books, this was the first time I ever heard his experiences or advice. I was very impressed with his writing and thought that he made a great reading partner with Trump. It mixed up the flavor of the book which made it highly enjoyable.
The focus of the book was broken up into five easy tools to succeed while each tool was discussed by both authors. This kept the reader entertained and into it.
Overall, I enjoyed this book and think that it is a good book for people that are interested in business motivation. Its also an easy read where someone can be able to read it in a few easy and enjoyable sittings.
I highly recommend this book to all businessmen.
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