Thursday, December 27, 2007

Lesson Six: Work to Learn - Don't Work for Money

- Most people need only to learn and master one more skill and their income would jump exponentially. I have mentioned before that financial intelligence is a synergy of accounting, investing, marketing and law. Combine those four technical skills and making money with money is easier. When it comes to money, the only skill most people know is to work hard.

- The value of learning to lead men into dangerous situations. "Leadership is what you need to learn next," he said. "If you're not a good leader, you'll get shot in the back, just like they do in business."

- I wonder, are workers looking into the future or just until their next paycheck, never questioning where they are headed?

- The world is filled with talented poor people. All too often, they're poor or struggle financially or earn less than they are capable of, not f because of what they know but because of what they do not know. They focus on perfecting their skills at building a better hamburger rather than the skills of selling and delivering the hamburger.

- The main management skills needed for success are:
  1. The management of cash flow
  2. The management of systems (including yourself and time with family).
  3. The management of people.
- It is communication skills such as writing, speaking and negotiating that are crucial to a life of success.

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