Tag: businessenglish

RICH DAD POOR DAD | S5 – E38 | LESSON VI | People Skills

Today, I meet ex-schoolteachers earning hundreds of thousands of dollars a year. They earn that much because they have specialized skills in their field as well as other skills. They can teach, as well as sell and market. I know of no other skills…

RICH DAD POOR DAD | S5 – E36 | LESSON VI | Logic

In school and in the workplace, the popular opinion is the idea of specialization: that is, in order to make more money or get promoted, you need to specialize. That is why medical doctors immediately begin to seek a specialty such as orthopedics or…

Rich Dad Poor Dad | S5 – E33 | Lesson V | Two Types of Investors & How to Get Started

Great opportunities are not seen with your eyes. They are seen with your mind. Most people never get wealthy simply because they are not trained financially to recognize opportunities right in front of them. Rich Dad Poor Dad I love this. When it comes…

Premium ESL Podcast Debuting Soon | Business English!

This is another MASSIVELY monumental moment for me. For the first time since the ESL podcast’s inception, I will be creating a premium ESL podcast on a new Canadian Startup site called mocha.fm. I’m unbelievably excited about this because I was reached out to…

Rich Dad Poor Dad | S5 – E24 | Lesson IV | All Americans Work For The Government

Average Americans today work four to five months for the government just to cover their taxes. In my opinion, that is simply too long. The harder you work, the more you pay the government. That is why I believe that the idea of “take-from-the-rich”…

Rich Dad Poor Dad | S5 – E23 | Lesson IV | The History of Taxes & The Power of Corporations

I remember in school being told the story of Robin Hood and his Merry Men. My teacher thought it was a wonderful story of a romantic hero who robbed from the rich and gave to the poor. My rich dad did not see Robin…

Rich Dad Poor Dad | S5 – E21 |You Become What You Study

A problem with school is that you often become what you study. So if you study cooking, you become a chef. If you study the law, you become an attorney, and a study of auto mechanics makes you a mechanic. The mistake in becoming…

Rich Dad Poor Dad | S5 – E20 |Lesson III | Mind Your Own Business

In 1974, Ray Kroc, the founder of McDonald’s, was asked to speak to the MBA class at the University of Texas at Austin. A friend of mine was a student in that MBA class. After a powerful and inspiring talk, the class adjourned and…

Rich Dad Poor Dad | S5 – E19 | Building Excess Cash-flow

Wealth is a person’s ability to survive so many number of days forward—or, if I stopped working today, how long could I survive? Unlike net worth—the difference between your assets and liabilities, which is often filled with a person’s expensive junk and opinions of…

Rich Dad Poor Dad | S5 – E18 | The Risk Faced by Average Middle-Class People

The real tragedy is that the lack of early financial education is what creates the risk faced by average middle-class people. The reason they have to play it safe is because their financial positions are tenuous at best. Their balance sheets are not balanced….

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