One of the precepts that I have always believed in is that if you want to be successful in something, find out what the people who are already successful are doing. Unfortunately, most of us don’t have the luxury of talking with those people face to face so we have to resort to other available means to find out what actions the successful people have taken so that we have an example to go by. This mainly consists of videos, online articles and books.
I am currently reading “The Midas Touch” by Donald Trump and Robert Kiyosaki. These
two names in the entrepreneurial world should need no introduction. Even though I am not finished with my reading of this book for entrepreneurs, I have thus far been so impressed with it that I wanted to share my current findings with you. The two points covered in this book that I have most impacted by are that of focus and what Mr. Trump calls the “B-I” (for business integrity) triangle. The term focus is described as an abbreviation for “follow one course until successful.” Too often people allow themselves to be distracted by a myriad of other things without keeping their priorities in line and as a result find themselves not achieving the results they desire. The business integrity triangle is an illustration of the eight essential components of a business and outlines where the entrepreneur should place themselves in order for the business to have a greater chance for success. It is mentioned why successful entrepreneurs are generalists that have specialists working for them. The thing that makes “The Midas Touch” a must-read is that the authors describe why most entrepreneurs end up failing while only a few actually become rich. Priceless advice and counsel from two who know!
Also given great emphasis in the book is the importance of relationships. Trump goes to
length explaining how strong relationships with professionals in a variety of fields can go a long way to helping a business succeed. He also goes on to mention that learning as an ongoing, lifelong process is essential to help ensure both personal as well as professional growth.
The book contains a multitude of other traits that prospective entrepreneurs need in order to round out their overall makeup. I am going to keep this post short with the intention of leaving you to want to find out more about this book. In closing, I recommend “The Midas Touch” wholeheartedly and without reservation.
Here’s to you!
- 21 Recommended Books for Entrepreneurs (smarthomebusinesssolutions.com)
- Billionaire Businessman Donald Trump Discusses His Book “Think Like a Champion” (lugenfamilyoffice.com)