Rich Dad's Before You Quit Your Job
Chapter One
What Is the Difference
Between an Employee
and an Entrepreneur?
Starting with the Right Mind-set
When I was growing up, my poor dad often said, "Go to school, get
good grades, so you can find a good job with good benefits." He was
encouraging me to become an employee.
My rich dad often said, "Learn to build your own business and hire
good people." He was encouraging me to become an entrepreneur. One
day I asked my rich dad what the difference was between an employee
and an entrepreneur. His reply was, "Employees look for a job after
the business is built. An entrepreneur's work begins before there is
a business."
99% Failure Rate
Statistics show that 90% of all new businesses fail within the first
five years. Statistics also show that 90% of the 10% that survive
the first five years, fail before their tenth anniversary. In other
words, approximately 99% of all startup businesses fail within ten
years. Why? While the reasons are many, the following are some of
the more c ... read full excerpt from: Rich Dad's Before You Quit Your Job: 10 Real-Life Lessons Every Entrepreneur Should Know About Building a Multimillion-Dollar Business ebook
