Page 184 - Midas Touch

that count. These are the little things that have given me that advantage
and helped me improve my Midas Touch. They can do the same for you.

Acquire leadership skills.
The U.S. Merchant Marine Academy trained its students to
be leaders from the moment we entered the school, day in

and day out, until we graduated. Six years as a Marine
Corps officer and pilot was also excellent training and
leadership development for business.

Even if you did not go to military school, you can still gain
leadership skills at work, in sports, and in civic activities.

Leadership is an educational process, a process that
challenges you every day. People who avoid leadership and
the responsibilities of leadership will probably make poor
Midas Touch entrepreneurs. Transitioning from the S
quadrant to the B and I quadrants requires leadership skills.

Learn how to sell and invest.
When I returned from Vietnam in 1973, I decided to follow
in my rich dad’s footsteps, not my poor dad’s. I had one
more year on my contract with the Marine Corps, so my
rich dad advised me to begin preparing for the S, B, and I
quadrants.

Rather than go back to school and get my master’s degree
as my poor dad recommended, my rich dad recommended a
very different educational path since the skills required for
the B and I quadrants are different. Rich dad recommended
I learn to sell and invest in real estate before leaving the

Marine Corps. He had two reasons. First, entrepreneurs
must be able to sell to their customers, their employees, and
their investors. If the entrepreneur cannot sell, the business
struggles financially. His second reason was that real estate
investors must know how to manage and profit using debt.