In the 21st century, it takes more to run a successful company than just good business skills. For the most part, entrepreneurs do not fail because their accounting skills are below par or because they cannot find their way around a budget. Rather, according to Kiyosaki, most entrepreneurs are never able to achieve the success they so badly dream of because of the skills they lack outside of the financial realm.
“Many entrepreneurs fail to grow because they lack leadership skills,” he says. “And rather than look in the mirror, they find it easier to blame others.” But, for Kiyosaki, blame is one of the fastest routes to failure, and an easy way out. “Blame is short for be-lame, and you can’t be an effective leader if you’re lame.”
Being successful in business means being capable of managing not only cash flow and systems but also people. For Kiyosaki, this was something he learned while serving in the U.S. Marine Corps. “Being in the Marines taught me leadership,” he says, calling it “the best entrepreneurial education I received.” From shaving his head and having to wear a uniform to learning how to take and give orders, Kiyosaki says his priorities were drilled into his head: “First was the mission, second was the team, and personal interests came last.”
Today, Kiyosaki credits much of his entrepreneurial success to his military education. From learning how to lead men into battle, act with integrity and toughness, and give his life for a mission, Kiyosaki says he is now better able to both hire better workers and lead them better into business. “This doesn’t mean you have to go to military school or be on active duty to grow a business,” he jokes. “I’m only pointing out the different focuses of two very different educational institutions and saying that if you want to grow your business, it may take more than just business skills.”
To that end, Kiyosaki suggests talking to people and taking jobs prior to starting your own company that will teach you all the things you need to know. “Work to learn,” he says. “Don’t work for money… Look for jobs that can help you develop the skills of managing cash flow, systems and people rather than just pay you well.”
Much like the Marine Corps taught Kiyosaki leadership skills, working as a salesman for Xerox taught him not only how to sell, but how to accept and move forward from rejection. “All of these skills were important for my success,” he says.
Even where you might have received formal business school education, Kiyosaki says you can always supplement and complement that training with your other real world experience. So, whether it is the Marine Corps, the Armed Forces, or another institution, he suggests you look to spend your time working somewhere that will train you for your future goals. You may not be making much, but with persistence, the money will soon follow.
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