In networking marketing the power is not in the product; the power is in the network. You see, the “employment for life” myth didn’t exist before the Industrial Revolution; before it occurred, in fact, there were many more S’s than E’s. I thought this knowledge was worth sharing so I am publishing my notes and a brief review on this book. “If you are considering building your own business,” writes Kiyosaki, “you need to be acutely aware of who you’re spending your time with and who your teachers are. xii . 1-Sentence-Summary: 21 Lessons For The 21st Century highlights today’s most pressing political, cultural, and economic challenges created by technology while helping us prepare for an uncertain future. CHAPTER 1 . The reason so many people fail to achieve great wealth in any business is simply that they fail to reinvest continually in the business. Wealth is the product of man's capacity to think. You can take charge of your future only when you take control of your income source. Network marketing tends to develop the type of leader who influences others by being a great teacher, teaching others to fulfill their life’s dreams by teaching others to go for their dreams. If you want a solid future, you need to create it. This is your future we’re talking about. In The Business of the 21st Century, Robert Kiyosaki explains the revolutionary business of network marketing in the context of what makes any business a success in any economic situation. Think of it this way: Jeff Bezos, Bill Gates, Elon Musk, Phil Knight – they all had friends when they were 18 or 20. Conducting Business in the 21st Century Threading in Technology - As a dedicated entrepreneur, one cannot overlook the tool of websites in the ongoing digital age in generating business. Overcoming personal fears, doubts, and lack of confidence. Because of the obvious Catch-22: in order to earn money, you need a big business; however, you need money to start a big business; the same goes for investing. Big people have big dreams and small people have small dreams. You don’t need a new job; you need a new address i.e. But if you are sick and tired of looking at someone else’s behind, then read on. That’s because even though they are the easiest assets to build (all you have to do is buy them), trading in stocks and mutual funds is risky, profits made are taxed at the capital gain rate, and investing takes financial education to lessen risk. The winner is up for the risk, but the loser thinks only of safety and security. Allow Robert T. Kiyosaki and his wife to introduce you to an alternative: If you are an employee with dreams of climbing the corporate ladder or a self-employed small business owner, then you’re still living in the 20th century, and you must read The Business of the 21st Century if you wish to make the much-necessary step forward (and upward). Well, it means that earning money actively will never get you anywhere; and even if it does, it will be at the price of your own freedom. By his own admission, it may be “the most important writing” he’s ever done, because “it goes right to the heart of the crucial issues involved for people who are ready to make true changes in their lives.”. Kiyosaki, with his wife Kim Kiyosaki, and business associate John Fleming, provide information on how business has changed significantly in recent times. Problems always happen. What defines whether something is an asset or a liability is cash flow, not some abstraction of value. Changing Jobs Is Not Changing Quadrants. It’s not. The essence of you becoming a B or an I (instead of living an unfulfilling life as an E or an S) is network marketing. Asset #8: Big Dreams and the Capacity to Live Them. Your goal is not to replace your job with your business — that’s just treating your business like your new job. It takes a dream, a lot of determination, a willingness to learn quickly, and an understanding of which sector of the cashflow quadrant you’re operating in. Entrepreneurial fever has been kicking into high gear because when the economy slows down, entrepreneurial activity heats up.