Page 144 - Midas Touch
P. 144
When you look at the following diagram of the B-I Triangle—8 Integrities
of a Business, it is easy to understand why rich dad said, “Business is easy.
People are difficult.”
A true business requires a minimum of eight different skill sets, ideally
eight different people all working for a unified goal. While there are many
reasons why 9 out of 10 businesses fail in the first five years, the
entrepreneur’s inability to focus on the 8 integrities and produce a
profitable result is what causes most businesses to ultimately fail.
One reason I started my nylon-and-Velcro surfer-wallet business, even
though I knew the probability of my failure was high, was because I did
not know of a better way to learn to deal with different people, most with
some success and strong egos. I suspected that if I would stick to the
process, taking the good with the bad, learning and growing rather than
retaliating, I might evolve into a good partner. I continue in the process
today, simply because I have a lot to learn. Learning to deal with different
people seems to be a process without end, and I can always learn more.
The good news is that the better I get at relationships and meeting good
partners, the easier and happier life becomes and the more my wealth goes
up.
Of all the five fingers in the Midas Touch hand, I believe the most
important finger is the ring finger because, if you learn to become a good