Tag: businessenglishchile

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 – E16 | In Summary about Homes

In summary, the end result in making a decision to own a house that is too expensive in lieu of starting an investment portfolio impacts an individual in at least the following three ways: Loss of time, during which other assets could have grown…

Rich Dad Poor Dad | S5 – E15 | Many Financial Problems are Caused by Keeping Up with The Joneses

No, this isn’t the Gary Vee rant. This is what Robert Kiyosaki wrote in his book decades ago. That is why my educated dad said the Japanese valued the power of the mirror the most, for it is only when we look into it…

Rich Dad Poor Dad | S5 – E14 | How the Quest for a Financial Dream Turns into a Financial Nightmare

Recently married, the happy, highly educated young couple moves into one of their cramped rented apartments. Immediately, they realize that they are saving money because two can live as cheaply as one. The problem is the apartment is cramped. They decide to save money…

Rich Dad Poor Dad | S5 – E11 | Assets vs. Liabilities | Cash-flow Pattern of an Asset

Rich dad believed in the KISS principle—Keep It Simple, Stupid (or Keep It Super Simple)—so he kept it simple for us, and that made our financial foundation strong. So what causes the confusion? How could something so simple be so screwed up? Why would…

Restoring Self-Trust & The Thirteen Behaviors

Often, the most difficult trust to restore is trust in ourselves. When we violate a promise we’ve made ourselves, fail to follow through on a goal, or act in ways that go against our deepest values, our self trust can really take a die….

Restoring Relationship Trust

Another area that creates huge trust issues in personal relationships is money. As many marriage counselors affirm, money problems are a key cause of divorce. While many such problems are caused by lack of character (selfish or impulsive spending, attempts to control or restrict…

Restoring Organizational Trust

Restoring trust within an organization may seem difficult, particular if the focus is almost exclusively on producing and is not balanced by the need to maintain the capacity to produce in the future. However, the fact that high-trust organizations outperform low-trust organizations by three…

When You have Lost the Trust of Others

Whether you lose the trust of others through a conscious act of betrayal, poor judgement, an honest mistake, a failure of competence, or a simple misunderstanding, the path to restoration is the same — to increase your personal credibility and behave in ways that…