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Being able to sell is the basic skill of all entrepreneurs. [2005] - Robert T. Kiyosaki

You bring someone that has the skills that you lack on to your team. That person can be an equity participant in (part owner of) your business, an employee, or an advisor. [2005] - Robert T. Kiyosaki

You may agree to pay an advisor more than he or she asks for, if he or she agrees to wait to be paid until the sales can support the payment. You may add the talent through an advisory board instead of bringing the person on full-time. [2005] - Robert T. Kiyosaki

Try to find partners who are not "financially needy." [2005] - Robert T. Kiyosaki

There are four different types of business schools: 1. The Traditional Business Schools. 2. The Family Business School. 3. The Corporate Business School. 4. The Business School of the Streets. [2005] - Robert T. Kiyosaki

If you want to have the best team around you, you need to be the best at something as well. [2005] - Robert T. Kiyosaki

Being able to sell is essential in convincing investors to invest in your company as well as selling your company's products to consumers. [2005] - Robert T. Kiyosaki

It is not only what you know, but who you know. When you encounter a problem in business it is a great relief to know who to call for instant assistance. [2005] - Robert T. Kiyosaki

The combination of school smarts and street smarts will help you build a successful business. But "team smarts" is the true formula of success. [2005] - Robert T. Kiyosaki

High expenses are an everyday challenge in business. Taking on that challenge is one of the most important jobs of an entrepreneur. [2005] - Robert T. Kiyosaki

The attorney's job is to protect the company, its products and its intellectual property--before there is a product or a business. [2005] - Robert T. Kiyosaki

I encourage entrepreneurs to spend more than half of their time working on the future of their business and build a strong team to concentrate on the present and past issues of the business. In some cases, the entrepreneur may need to spend more than 80% of his or her time focusing on the future. [2005] - Robert T. Kiyosaki

The most successful businesses usually do one of the two things: 1. Solve a problem. 2. Fill a need. [2005] - Robert T. Kiyosaki

Success or failure on business has to do with work ethic, determination, and desire. First, you have to be able to sell. Second, you have to be able to attract, build, and motivate a great team. The third element is your ability to teach others in the business how to sell, how to be great team players, and how to succeed. It is this skill that ensures growth, profit, and longevity. [2005] - Robert T. Kiyosaki

Design a business that can do something that no other business can do. Focus all your efforts on your core strength, your unique product. [2005] - Robert T. Kiyosaki

Business systems and procedures can give a competitive advantage if they're more efficient or effective than the competition's. [2005] - Robert T. Kiyosaki

80% of all customers are good customers, 5% are horrible and the other 15% are in between. You fire bad customers just as you would fire a bad employee. if you do not fire bad customers, not only will your good customers leave, many of your good employees will leave as well. You must also be able to fire bad advisors. If they are only interested in receiving their fees and not helping your business, your business will suffer. [2005] - Robert T. Kiyosaki

Most entrepreneurial businesses eventually succeed by doing something different from what they first started. [2004] - Brian Tracy

An entrepreneur sees an opportunity, puts together a team, builds a business that profits from the opportunity. [2002] - Robert T. Kiyosaki

Residual income is income from a business, such as a network marketing business or a franchise business you own but someone else runs. [2002] - Robert T. Kiyosaki

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