Friday, March 14, 2008

A Businessman As Defined In Rich Dad Poor Dad

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One of the key in Rich Dad Poor Dad book is about starting a business. But what is the actual definition of "business"? Business is interpreted as the process when one or more person makes an effort to take advantage of opportunities to meet a market demand through exceptional product or services. In Rich Dad Poor Dad book, it is at seems a businessman is a gambler in the sense they take risk and dive themselves into a particular market without prior track record of prove success. In contrary, this is far from the truth. A true businessman make detail research and take calculated risk that have the capacity to give them big profits.

The key points of business are opportunities, advancement and growth. In Rich Dad Poor Dad, a great businessman can see opportunities where other can't and put an effort to take advantage of that opportunity. This keen sense of sourcing of new opportunity comes with years of experience and a strong gut feeling about certain things.

The second point of business is advancement. Advancement involves transforming and changing existing products or services to cope with the changing global environment. The third key point is growth. This involves the ceaseless efforts of an entrepreneur to expand his business locally and internationally. A businessman is on the constant look out on how to create new approaches to make his business grow and become a huge success.

If you read Rich Dad Poor Dad closely, you will see these key factors explained in the book about a businessman. After the success of Rich Dad Poor Dad, people are willing to take the risk to venture into business because as explained in the book, they can see the benefits out weight the effort.

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