The main management skills needed for success...
The main management skills needed for success are:

1The management of cash flow
2The management of systems (including yourself and time with family)The management of people

The most important specialized skills are sales and understanding marketingIt is the ability to sell--therefore, to communicate to another human being, be it a customer, employee, boss, spouse or child-that is the base skill of personal successIt is communication skills such as writing, speaking and negotiating that are crucial to a life of successIt is a skill that I work on constantly, attending courses or buying educational tapes to expand my knowledge
As I have mentioned, my educated dad worked harder and harder the more competent he becameHe white chanel watch also became more trapped the more specialized he gotAlthough his salary went up, his choices diminishedSoon after he was locked out of government work, he found out how vulnerable he really was professionallyIt is like professional athletes who suddenly are injured or are too old to playTheir once high-paying position is gone, and they have limited skills to fall back onI think that is why my educated dad sided so much with unions after thatHe realized how much a union would have benefited him
Rich dad encouraged Mike and me to know a little about a lotHe encouraged us to work with people smarter than we were and to bring smart people together to work as a teamToday it would be called a synergy of professional specialities
Today, fendi b I meet ex-schoolteachers earning hundreds of thousands of dollars a yearThey earn that much because they have specialized skills in their field as well as other skillsThey can teach as well as sell and marketI know of no other skills to be more important than selling as well as marketingThe skills of selling and marketing are difficult for most people primarily due to their fear of rejectionThe better you are at communicating, negotiating and handling your fear of rejection, the easier life isJust as I advised that newspaper writer who wanted to become a "best-selling author," I advise anyone else today Being technically specialized has its strengths as well as its weaknesses I have friends who are geniuses, but they cannot black quilted bag communicate effectively with other human beings and, as a result, their earnings are pitiful I advise them to just spend a year learning to sellEven if they earn nothing, their communication skills will improveAnd that is priceless
In addition to being good learners, sellers and marketers, we need to be good teachers as well as good studentsTo be truly rich, we need to be able to give as well as to receiveIn cases of financial or professional struggle, there is often a lack of giving and receivingI know many people who are poor because they are neither good students nor good teachers
Both of my dads were generous menBoth made it a practice to give firstTeaching was one of their ways of givingThe more they gave, the more they rolex watches ladies receivedOne glaring difference was in the giving of moneyMy rich dad gave lots of money awayHe gave to his church, to charities, to his foundationHe knew that to receive money, you had to give moneyGiving money is the secret to most great wealthy familiesThat is why there are organizations like the Rockefeller Foundation and the Ford FoundationThese are organizations designed to take their wealth and increase it, as well as give it away in perpetuity
My educated dad always said, "When I have some extra money, I'll give it The problem was, there was never any extraSo he worked harder to draw more money in rather than focus on the most important law of money: "Give and you shall receive Instead, he believed in "Receive and then you deville watch gi