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Review: Rich Dad’s Before You Quit Your Job by Robert Kiyosaki

[ 25 May 2008 | 6 Comments | ]
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Rich Dad's Before You Quit Your Job: 10 Real-Life Lessons Every Entrepreneur Should Know About Building a Multimillion-Dollar BusinessAfter reading Robert Kiyosaki’s book Rich Dad Poor Dad and loving it, I eagerly wanted to get into his book Rich Dad’s Before You Quit Your Job: 10 Real-Life Lessons Every Entrepreneur Should Know About Building a Multimillion-Dollar Business Review: Rich Dads Before You Quit Your Job by Robert Kiyosaki, even though it’s too late for me since I already work for myself. Overall it’s a pretty good book, but not as captivating at the original, probably because this time he’s not telling stories as much as detailing the thought process people should be ready for before deciding to start working for themselves. In that vein, I wish I’d been able to read it before I went out on my own.

What’s really different about this book is that the most important lessons to be learned are actually in the introduction and chapter one. If, after reading those two chapters, your mindset isn’t geared correctly based on the criteria, then it’s probably best not to even start the process of working for yourself. For instance, his list of 10 excuses people usually utter as to why they feel they can’t go into business for themselves is illuminating right from the beginning, and later he mentions that one shouldn’t wait for all the lights to turn green before pulling the trigger. He uses Microsoft as the perfect example of that philosophy; we all have experience with that.

Kiyosaki loves the number ten, obviously, because he then lists 10 reasons people need to consider before they actually transition from employee to entrepreneur. Those things are:

1. Ability to change philosophy from security to freedom

2. Ability to operate without money

3. Ability to operate without security

4. Ability to focus on opportunity rather than resources

5. Having different management styles to manage different people

6. Ability to manage people and resources they do not control

7. Team and value oriented rather than pay or promotion oriented

8. Active learner – no graduation day

9. Generalized education rather than specialized

10. The courage to be responsible for the entire business

And, the book is subtitled 10 Real-Life Lessons Every Entrepreneur Should Know About Building Multimillion-Dollar Business, which is the heading for the ten chapters in the book. He actually calls the first nine Sharon’s Insights, named after the person he wrote the book with, Sharon Lechter, with whom he co-founded the Rich Dad Organization.

There is a lot one can get from this book. For instance, he has his five jobs every entrepreneur needs to have covered; he has his three biggest mistakes most independent business owners make; he has the six ways an entrepreneur can raise money; on and on. He talks about the Cash Flow Quadrant, which is also another book of his, and I’ll admit that I’ve never quite gotten a hold of the principles of that. One thing I thought was interesting was the transition process that most people go through when they’re transitioning from an employee to an entrepreneur. There’s stage one, you become unhappy as an employee with 13 steps; stage 2, overcome the fear of getting started with 14 steps; and stage 3, just start, with 10.

In the last chapter, near the end of the book, he offers ten tips, with explanations, of what people should do before they quit their jobs. Truthfully, if you only had time to read the introduction, chapter one, and chapter ten, you’d learn a lot. There’s so much information in Before You Quit Your Job that what I’ve shared here is really just scraping the barrel. There are many stories in here, and, after I came to grips with the fact that it wasn’t going to be Rich Dad, then I was open to learning some of the things he said in this one, even though I had already become an entrepreneur of sorts. This is a must read book for anyone thinking about, or who already is, an entrepreneur.

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Mitch Mitchell is the owner of both www.ImJustSharing.com and www.TTMitchellConsulting.com.

T. T. “Mitch” Mitchell has been in healthcare for over 25 years. For eighteen years he worked in various healthcare organizations; seventeen of those years at some type of management level. He’s worked for a physician billing company, a federally qualified health center, and three hospitals. At two of those hospitals he was also the revenue officer and charge master coordinator, and at his last facility, he was also the corporate compliance officer.

With all the time spent in management, Mr. Mitchell learned the leadership and management skills that helps motivate others to help reach organizational goals, and with his unique position in healthcare, he also understands that this is a diverse world, where each person has even the subtlest of differences, and that every person deserves to be treated fairly.

To read more check out T. T. “Mitch” Mitchell’s Full Biography!

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6 Comments »

  • I’m Just Sharing » Blog Archive » Need Some Brainstorming Help said: Reply to this comment

    [...] asked to do a guest blog post for C. A. Simmons on his blog Circle One Connect, reviewing the book Before You Quit Your Job by Robert Kiyosaki. I first wrote a longer version for one of my other [...]

  • Mitch (4 comments) said: Reply to this comment

    Thanks for the opportunity to do it; I hope you reciprocate one day for me. :-)

  • Sire (1 comments) said: Reply to this comment

    I remember reading Robert’s Rich Dad Poor Dad and loved the way he instructs in this book as it is done in such a way that it is easy to understand and fun to read. If this book is the same then I may consider laying my hands on a copy.

  • I’m Just Sharing » Blog Archive » Why I Love Blogging - Guest Post said: Reply to this comment

    [...] since I wrote a guest post on another person’s blog, I’ve hoped to be able to return the favor in some fashion to [...]

  • Max the Micro Niche Finder (1 comments) said: Reply to this comment

    Hiya, i have seen your site when searching a few weeks ago and i really love the design! I just bought a new 3 character domain (cost me a packet) for a niche review blog, and i was wondering if your design is a free or paid one? I’m new to Wordpress and about to set it up, and i would really like to get something with a similar look to yours. Any ideas where i could download or buy something similar? Thanks for your help! :)

  • CASimmons (2 comments) (author) said: Reply to this comment

    Thanks Max,

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    Once you get your site up get me the link. I’d like to see how it comes along for you.

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