Rich Dad, Poor Dad: Which Are You?

Recently I was introduced to a book called Rich Dad, Poor Dad by Robert Kiyosaki. Kiyosaki is a revered financial guru and is well known not just for his innovative financial philosophies but also the entertaining way in which he presents them. The man owes his popularity to his ready wit, straightforward approach, out-of-the-box ideas and brilliant finance theories. The following list contains a few of his quotes I consider my favorites; they will also give you an idea of what he is all about…

“The poor, the unsuccessful, the unhappy, the unhealthy are the ones who use the word tomorrow the most.”
“I have a problem with too much money. I can't reinvest it fast enough, and because I reinvest it, more money comes in. Yes, the rich do get richer.”


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Thought About Going Into Business?

There are those who are just born to be in business for themselves. And out of those, some are easily able to jump right into being entrepreneurs. Then there are those who struggle since they are not even sure of what to do first or when or can’t even come up with an idea for business.

During the early stages of Therapy in Transition, I had ventured out in the direction of making my own skin care products –organic and natural skin cream made right in my own kitchen. The final product turned out to be great and people raved about it and swore they wouldn’t use anything else. But nowhere on our site do you see these products being sold. Why? This just wasn’t my gig. Yes, I enjoyed making the cream. But my passion was in my coaching and energy/body work. Dividing my time and energy was taking its toll—and fast!

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Entrepreneurship Myths

Illusions of Entrepreneurship Make Success Elusive

Entrepreneurship is an alluring word, as it comes with the promise of independence and wealth. Everyone starts her own business with dreams of success; the problem occurs when these dreams are based on illusions or myths instead of facts. We’ve all been there – had a wonderful business idea and thought, “Wow! I could really make it happen.” Then reality begins to set in and we wonder how we ever got so excited.

Our attitudes about entrepreneurship depend on the messages we receive through our peers and family, the role models we choose for ourselves, and the way we interpret success. However, the messages may not always be positive, and we might not always be able to make smart or well-informed role model choices. Our interpretation of success may sometimes be based on half-baked information; our attitude to entrepreneurship, therefore, may not always be conducive to success unless we clear our illusions before starting a new business.

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