Robert says to become a great entrepreneur u need to fail. He says that being a entrepreneur is like sky diving without a parachute and creating your parachute in middle of sky and if you fail its very hard to stand and board to flight again. If I try to get the essence of both statements, it sum up like for being a gr8 entrepreneur you need to take a free fall from sky :( what a crap. No no i really don't want to become such a entrepreneur. This is not all, he again says don't plan and calculate too much before starting any business otherwise you will become plan paralytic on contrary he says you need to take calculated risk, what a mess, how can someone draw a line about how much to calculate, isn't that a complicated idea.
Anyways its not like i m here to just criticise him, he mentioned one very important thing that both employee and entrepreneur are not from same creed. These two lives in different world which has different set of rules. One thing which is right for one could be an insane act for other. I completely agree two different world, two different methodologies to work but he again goes further and says that making mistake while being an employee is bad but being an entreprenuer it good. I suppose you cant justify making mistake in any environment, if you made mistake its bad and you need to accept it and take lessons out of it, doesn't matter you are employee or entrepreneur but i agree that due to nature of job and entrepreneur need to take more decisions then employee which again increase your risk of getting a bad decision because of "The rule of Probability", but ya by being an entrepreneur might be you don't feel bad because no one is there to fire you but still you have a risk of getting out of job as well as out of money.
If you take calculated risk you will get benefits irrespective of you are an employee or an entrepreneur but might be while being employee you don't get more chance of taking a risk that is a different subject and again depends upon nature of job.
I thinks in today's fast growing world the difference between entrepreneur and employee is shrinking for example in companies you can play both role by simply holding some % of shares and many big CEO's are doing same in this date. You could play boss even by just being a simple employee. Its just depends on your talent and ability to mop "cooperative money". So only think to quite your job when you really need to do different and time not permits, just not for sake of taking bigger risk and getting failed. In my view calculate all your moves before taking any action, think about all possible issues and there backup plan, the only thing i can say is sooner is better which we learnt in our school period. Sorry Mr Robert but i really get lot of such things from my education system and i don't feel its not made to create good entrepreneurs, just you need to choose right field to start.
There is a probability that my comments could be biased because i am also an employee so if you want to know Robert T. Kiyosaki view read his book "Before You Quit Your Job" but in my my view entrepreneur is again an employee of his own commitments like any other employees, so there is no escape.
Sorry Mr. Robert may be i am in bad mood :( and don't want to accept your colourful characterization of entrepreneur or maybe its just a crap.
Anyways its not like i m here to just criticise him, he mentioned one very important thing that both employee and entrepreneur are not from same creed. These two lives in different world which has different set of rules. One thing which is right for one could be an insane act for other. I completely agree two different world, two different methodologies to work but he again goes further and says that making mistake while being an employee is bad but being an entreprenuer it good. I suppose you cant justify making mistake in any environment, if you made mistake its bad and you need to accept it and take lessons out of it, doesn't matter you are employee or entrepreneur but i agree that due to nature of job and entrepreneur need to take more decisions then employee which again increase your risk of getting a bad decision because of "The rule of Probability", but ya by being an entrepreneur might be you don't feel bad because no one is there to fire you but still you have a risk of getting out of job as well as out of money.
If you take calculated risk you will get benefits irrespective of you are an employee or an entrepreneur but might be while being employee you don't get more chance of taking a risk that is a different subject and again depends upon nature of job.
I thinks in today's fast growing world the difference between entrepreneur and employee is shrinking for example in companies you can play both role by simply holding some % of shares and many big CEO's are doing same in this date. You could play boss even by just being a simple employee. Its just depends on your talent and ability to mop "cooperative money". So only think to quite your job when you really need to do different and time not permits, just not for sake of taking bigger risk and getting failed. In my view calculate all your moves before taking any action, think about all possible issues and there backup plan, the only thing i can say is sooner is better which we learnt in our school period. Sorry Mr Robert but i really get lot of such things from my education system and i don't feel its not made to create good entrepreneurs, just you need to choose right field to start.
There is a probability that my comments could be biased because i am also an employee so if you want to know Robert T. Kiyosaki view read his book "Before You Quit Your Job" but in my my view entrepreneur is again an employee of his own commitments like any other employees, so there is no escape.
Sorry Mr. Robert may be i am in bad mood :( and don't want to accept your colourful characterization of entrepreneur or maybe its just a crap.
