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212 I CHAPTER NINETEEN
information for entrepreneurs in this book. It is informative as well as
amusing.) As I say, asour income went up, we thought our financial IQwent
up as well. The problem was, as our income went up, the only thing that
went up with it was our stupidity.
That business failure was one ofmany defining moments I have had in
business. The failure and the loss ofnearly a million dollars was my wake-up
call.
I had not been a strong advocate for education up to that point in my
life. I did not think education was important. In school, I just got by.I was
happy to be a C student. As my poor dad often said about me, "You're
getting by on a shoeshine and a smile."
After that business failure in my
After a business early 30s, I realized I was way behind
the learning curve. I saw people my
failure in my early 30s,
age further ahead in life, simply
I realizedlwas way
because they had taken their
behind thxlearh'ing education and their professional
curve. I saw~people my careers seriously.That business failure
made me realize I needed to become a
age farther ahead in life,
student, to study like I had never
simply because they had
studied before.
taken their. education For a number ofyears, instead of
and their professional running from my failure, I worked to
rebuild the business. I wanted to
careers seriously. This
rebuild the business to find out what
business failure was my
I did not know: What things had I
realization that I needed overlooked? What had I not seen?
to become a student, to They say that hindsight is 20/20. For
me, hindsight was not only 20/20, it
study like I never
was painful. I had to face all the B.S. I
studied before.
had been telling myself I had to face
- Robert T. Kiyosaki the lies I told myself and told others.
After a few years of humility, the
WHY WE WANT You To BE RICH