www.johnseiferth.com Part two of my interview with Robert Kiyosaki, author of Rich Dad Poor Dad and creator of the game CASHFLOW. In this segment, Robert explains the BI Triangle and why context is just as, if not MORE important than content. By context I mean the mission of the company, the team involved and the leadership. These pieces are more directly responsible for the success of the company than anything else. The content is the product, legal, systems (business, IT), communications (PR, marketing), and cash flow (accounting). These are what Robert refers to at the MBA portion of the business. All of them are extremely important. However, the one thing new business owners focus on the MOST, is the product. In this clip Robert explains that the product is the smallest and most insignificant piece of a business. The example he uses is mcdonalds. The hamburgers they sell are really, very bad. But the business systems and context they have created makes it a great business. In fact, one of the best on the planet. Robert also gives more insight into the event coming up at the beginning of May. He mentions that if you are looking for happy camp, glide through the course, get out early and head to the bar, this is NOT THE COURSE FOR YOU! However, if you are looking for the best business and investing education you can get, anywhere, then join us. If you are ready to take your business and investing to the next level, get your tickets here. www.johnseiferth.com BONUS: I …
great job john. thanks a lot
hey the B-I diagram is not clear. too much light on it. pls use a white board.
the bottom of triangle is Mission
the left is Team
the right is Leadership
the smaller triangle goes like this,
(from bottom to top)
1) cashflow
2) communication
3) system
4) legal
5) product
hope that helps..
thanks a lot, it surely does.
just a question, do u deliberately to break the video into 3 parts (either to increase more views or u thought video less than 10 min could have more retention on the audience about what u want to convey)
or you do it because you could not upload video more than 10 min.??
rock on man…
looking out for part 3
fanale
Thanks Freddusya! Great description. Sorry for the glare on the diagram. It was a total impromptu moment, as you can tell (me walking off camera, what the?).
Thanks Fanale. Much appreciated brother. And yes, I am a drummer. I wouldn’t say “bad-ass” though. Certainly not a Portnoy or Peart, that’s for sure.
Freddusya, actually it was a necessity. When we crashed the live feed, we had to go to tape. Since we went for a good 45 mins, the file was huge and I had to break it up into pieces. Also it seemed like a better way to present it, since the sweet spot on YouTube is like 45 seconds – 45 minutes is way too long.
Quite good insight into triangle. Btw now I see Kiyosaki quite obsolete. It’s time for new mentors.
I really liked your video and your channel. If you need any help getting this video or channel exposed I use a site called tubeviews.(net) It has really helped like 20 of my main videos get to the top in position. God Bless!
Yes! Yes! Yes! I love it!
I would be curious to know why you feel Kiyosaki is obsolete as a mentor.
You know people after 50 changes. Just look what he was talking in ,, Choose to be rich” , ,, Live in NY”. What was something. He even showed next crash in 2002 – what it will be at 2008. That was almost magic. But now economics is changing into very new reality with China, India, Brazil and even Russia. Rules is changing again. More socialism is produced. So Kiyosaki told us that will work in the past.
Now even Donald Trump buys land near Washington DC – socialism is back, taxes will rise, wages will shrimp. To get rich would be 4 times harder as in 90′s, because that was bubble. Kiyosaki choose to buy gold – but i’ve talked to some mentors in my country, who became millionaires in USSR! They choose to buy rare coins, pictures and so on. Kiyosaki i truly think was trying with Michael Maloney to push us in wrong direction.
But i am not angry for that at all. That’s just bussiness…
try Brain Tracy? he is umm a lot better at teaching
Robert Kiyosaki LIVE in Singapore!
Shawn
Date: 26th – 28th May 2009
Time: 9am-9pm (3 days)
Venue: Singapore Expo
2 tickets available at S$250 each
Contact me at 97540745
google “richdad scam” there’s 186,000 results. Kiyosaki is a writer, story teller, historian. Not a visionary. I bet more then half is income is from “seminars”.
interesting.. do you have any articles that back up your story?.. i always want to hear both sides both the good and the bad..
There are a ton of “articles” and stories. As for specifics, I didn’t feel the need to accumulate proof for anyone who challenges my claims. Kiyosaki is a wise man and teaches good principals but is dishonest when speaking about his true path to wealth. I still read his books, but take what he says with a grain of salt.