father – the poor dad - and the other was the father of his childhood best friend‚ Mike – the rich dad. Both fathers taught the author how to achieve success but with very disparate approaches. It became evident to the author which father’s approach made more financial sense. Throughout the book‚ the author compares both fathers – their principles‚ ideas‚ financial practices‚ and degree of dynamism and how his real father‚ the poor and struggling but highly educated man‚ paled against his rich dad in terms
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Lessons from “Rich Dad‚ Poor Dad” by Robert Kiyosaki Being rich in the near future is everybody’s dream. Our notion of being rich is having all the money to buy all our wants and needs without exerting much effort. As a child‚ we are sent to school for which the primary reason is to learn‚ so that in the future‚ we would obtain stable jobs. It is with this same reason that the author of the book emphasized why a lot never get rich. Through this reading‚ I gained a lot of insights which will help
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Rich Dad‚ Poor Dad Robert Kiyosaki and Sharon Lechter This book was written about a man who had “two fathers” ’ one who had a Ph.D and the other who barely finished 8th grade. One of the fathers was actually his friend’s father‚ but someone who the author looked up to and appreciated very much. The other father was his own ’ who he also looked up to and appreciated‚ but who did not teach him much about money or finance. The first lesson of this book is: the rich don’t work for money.
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It has been said that many organizations today find themselves DATA RICH → INFORMATION POOR → KNOWLEDGE STARVED It can be said today that many businesses are “data rich”‚ meaning that they have more raw data than they know what to do with. Most data rich businesses also find themselves “information poor”‚ meaning that they are not getting any useful information or value from their data. This in turn leads to organization’s becoming “knowledge starved”. In today’s competitive business environment
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The gap between rich and poor in the world today. In the world of 1995‚ there are still huge differeces between rich and poor‚ developed and less developed countries. But why? Who is to blame? What can we do about it? Many things have been tried out to solve these problems‚ but does it work? It seems bizarre‚ that we‚ modern‚ intelligent people‚ have not yet succeeded to get rid of the differences between DCs (developed countries) and LDCs (less developed countries). We try‚ don’t we? Every year
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REACTION PAPER IN FINANCE Fatima May Del Monte BSTM III This story about Rich Dad‚ Poor Dad it inspires a lot of people who already read this book. It gives us motivation in life. We all know everyone has a purpose in life. Educational attainment is important to have a successful life in the future. Treasure your knowledge about the things you’ve learned. Make some experienced like working in a company and pay yourself and buy a reward for you. By sharing your knowledge to everyone
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Rich World‚ Poor World Samantha Valentine Dr. Rochelle Steward-Withers 131121 18 September 2012 Word count: 2275 Debt is made when one party owes party money (Oxfam‚ 2005). Just like people‚ governments of both developed and developing nations borrow money in order to function well and to maintain their economies (George‚ 1994). Debt is the economic mode that promotes economic activity in the global market (Lomborg‚ 2004). The acquisition of debt comes through loans‚ grants and aid
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Poor little rich brands 1. Main ideas: -island for rich people which buy brands because this is what their local local stores sale only designer shops -new idea: big groups (LVMH=Louis Vuitton&Moet Hennessy) buy license from small rich groups to sell their products -big companies have the power and money to market products -little companies can`t afford it control whole value chain 2. Title of the case study: -small rich companies can`t afford it to advertise their products any more -designers
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from happening at a comparatively small cost to yourself‚ you are obligated to do so.” Peter Singer is a philosopher who believes that we have an obligation to help those in need. I agree with his statement from the book Exploring Ethics that‚ “It is not beyond capacity of the richer nations to give enough assistance to reduce any further suffering to very small proportions.”(Singer pg.244 ) He believes that rich nations can help either as individuals or as a group‚ to prevent those less fortunate
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01/16/13 ENGL 205 Sirohi‚ Gayatri Rich Man‚ Poor Man: Resources On Globalization Summary According to Carol Hammond and Robert Grosse‚ Globalization has become the motto of the 21st century. We are becoming more aware people’s ideas‚ world views‚ products‚ ideas‚ and other aspects of cultures. Globalization has opened many opportunities for other countries to explore new and different things. Globalization has increased interconnectedness among many countries most notably in the areas of
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