Unfair Advantage If I had said to the Marine Corps, “I want to fly fighter jets the first day of flight school,” I would have been released immediately for mental and emotional delusion. The same is true for business. Many people get so caught up in the idea of starting a business (“being my own boss”) that they forget the critical need for formal training. Small wonder that nine out of 10 new businesses fail within the first five years. It was only after I was awarded my wings that I was allowed to choose the aircraft I wanted to fly. I knew I was not cut out to be a fighter pilot or a transport pilot. I chose helicopter gunships. It was one of the smartest decisions of my life. Once I knew how to fly, I then knew what I wanted to fly. The gunship fit my personality. I wanted an unfair advantage: air versus ground… a helicopter-gunship pilot versus a soldier on the ground. FAQ But what if I have a great idea for a new product or business? Short Answer That is where the delusion begins. Explanation Pictured below is the B-I Triangle, the 8 Integrities of a Business.
by Rich Dad, Robert Kiyosaki