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Free business advice from Rich Dad

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richdad.com

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customerservice@richdad.com

Sent On

Fri, Aug 23, 2019 09:13 AM

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My rich dad groomed me to become a person who created businesses and business systems. The business

My rich dad groomed me to become a person who created businesses and business systems. The business I set up in 1977 was a manufacturing company. We were one of the first companies to produce the nylon-and-Velcro surfer wallets. [Get your rich dad certified business advisor here >>]( Our meteoric success was phenomenal, but soon the passion for the product line and the business drifted away. It began to weaken once my little company was pounded by foreign competition. Taiwan, South Korea, and Hong Kong were shipping products identical to mine and wiping out the markets we developed. Their prices were so low that there was no way we could compete. They were retailing products for less than it cost us to manufacture them. Eventually, that business folded for a few reasons. First, we didn’t legally protect our assets with patents. We didn’t implement the proper systems to manage cash flow. We thought we had a product that was strong enough to stand on its own. We were wrong. [Discover what’s missing in your business here >>]( My rich dad used the B-I Triangle to help explain the building blocks of a successful business. If we had studied it better, who knows how that business would have turned out differently. What about your million-dollar idea? If you have a product that you know would benefit people’s lives, but don’t know how to get it to market, here is a recent interview Kim conducted with a woman who has helped over 3,000 entrepreneurs begin their business ventures. [Listen to Kim’s interview here >>]( To making life better, [Signature] Robert Kiyosaki P.S. [Get your Rich Dad certified business consultant here >>]( --------------------------------------------------------------- [Rich Dad] Copyright © 2019 The Rich Dad Company. 4330 N. Civic Center Plaza, Suite 100 Scottsdale, AZ 85251 USA [Edit Profile]( | [Manage Subscriptions]( | [Report Spam](

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