Key Lessons from Robert Kiyosaki ‘Rich Dad Poor Dad: What the rich teach their kids – that you can learn too’ (review by Gil Dekel, PhD. Part 2 of 4.)
This is Part 2. Back to Part 1. 74 People struggle financially because they cannot read numbers or words that the rich can. In financial reports, reading the numbers is looking for the plot, the story of where the cash flows. A cash flow pattern of poor person: 75 A cash flow pattern of a middle-class person: 76 A cash flow pattern of a wealthy person: 78 Students leave school without...
Read MoreFinancial Audit Tate Organisation
By © Gil Dekel (PhD Art design & Media, & MA Cultural and Arts Management). Table of Content 1. Executive Summary 2. Background and Acknowledgement 3. Aims 4. Scope and Limitations 5. Method 6. Tate Organisation - 6.1 History and Legal Status - 6.2 Structure - 6.3 Operations - 6.4 Vision - 6.5 Mission - 6.6 Market Strategy 7. Financial Review - 7.1 Income and...
Read MoreLessons from ‘The Social Entrepreneur’ book by Andrew Mawson
By Gil Dekel, PhD. Main insights from Andrew’s experience: - Don’t take ‘no’ for an answer. - Set an example. People will respect that, and gather around you. - Question the consensus, and challenge policy makers. - Fine words cannot replace practical actions. - Governments should guarantee people that deliver results, instead of providing for organisations that do not deliver...
Read MoreStructure of Business Plan
by Gil Dekel, PhD. In order to reach your destination you must first know where you are standing, and what is the right path for you to take. A business plan is a document that designed to help you identify your business’ current state and the best way to move it forward. Writing a business plan helps you formulate your business’ goals, your unique selling point, operational structure,...
Read MoreAuditing Process and Structure
by Gil Dekel. Example of a 4-weeks timescale auditing process and structure (for setting up art exhibitions): 0: Define Scope, Schedule & Requirements. 1: Confirm participants and schedule. Meet management to agree the plan for the audit. Review key business plans of the company. Understand the current processes for exhibition setup. Review available documentation/artifacts. 2: Conduct...
Read MoreKey Lessons and Concepts from ‘The 80 Minute MBA’ Book by Richard Reeves and John Knell (summary by Gil Dekel, PhD.)
A concise summary of key lessons and concepts from Reeves and Knell’s Book, with pages numbers. Reviewed by Gil Dekel, PhD. page 48 There is no evidence that charismatic leaders are more successful than non-charismatic ones. We all have our talents, and things that we are not good at. To balance your skills and limits, find someone else who can do what you cannot do. 61 Successful people know...
Read MoreKey Lessons from Alan Sugar Autobiography ‘What You See Is What You Get’ (reviewed by Gil Dekel, PhD). Part 4 of 4.
This is part 4 of 4. « Part 1. « Part 2. « Part 3. 427 In 1999 New Amstrad shares rose up only because the company was in the tech business, even thought they produced nothing. The stock market can sometimes be ‘stupid’ and non-representative. 431 The customer does not care why a product fails to work – they do not want to hear that 99.9% of it is technically ‘brilliant’. If a...
Read MoreKey Lessons from Alan Sugar Autobiography ‘What You See Is What You Get’ (reviewed by Gil Dekel, PhD). Part 3 of 4.
« Back to part 1. « Back to part 2. This is Part 3 of 4. » Next part 4. 281 With his experience with low-price consumer electronics, Alan had a reference point, and could then envision that IBM computers are actually over-priced, as there was no mystique in computer technology. IBM, according to Alan, did not sell better technology. The myth that PC costs a lot – that myth...
Read MoreKey Lessons from Alan Sugar Autobiography ‘What You See Is What You Get’ (reviewed by Gil Dekel, PhD). Part 2 of 4.
« Back to part 1. This is Part 2 of 4. » Next part 3. 179 Owners of companies tend to exaggerate the value of their companies. Alan would divide the claims they make by two to get a sense of the real situation… 181 In business Alan pays attention to how people dress, how they look, and what they transmit in their style, class, and emotions. 186 Always give people elegant way out –...
Read MoreSummary of Selected Concepts from ‘Key Concepts in Management’ by Jonathan Sutherland and Diane Canwell (summary by Gil Dekel, PhD)
This is a very short and concise summary of a few management concepts from Jonathan and Diane’s book (with page numbers as they appear in the book): 24 Benchmarking – Pre-determined set of standards to measure activities. 28-29 Board of directors – Administrative governing board, providing leadership and direction. 34-35 Brand loyalty – Customer preference to buy a particular brand...
Read MoreA Short Summary of ‘Your Financial Rules: Change Your Mind, Change Your Life’, online webinar by Robert Kiyosaki’s Rich Dad Coaching.
Successful investors posses: A vision – the ability to see what others do not see Courage – the ability to act despite of fear Creativity – the ability to think outside the box Self-confidence – the ability to withstand criticism Self-control – the ability to delay gratification. Industrial-Age Thinking vs. Information-Age Thinking Industrial Information-Age Get a job and save...
Read MoreKey Lessons from Robert Kiyosaki ‘Rich Dad Poor Dad: What the rich teach their kids – that you can learn too’ (review by Gil Dekel, PhD. Part 1 of 4.)
This is part 1 (of 4). Go to Part 2. As a self-made millionaire and a financial teacher, Robert Kiyosaki describes in simple terms some financial ‘secrets’ that rich people know, and which will help you escape the ‘rat race’, and achieve financial wealth. Summarised by Gil Dekel, PhD. The numbers below are the pages numbers as they appear in the book (published by Time Warner Paperback,...
Read MoreKey Lessons from Alan Sugar Autobiography ‘What You See Is What You Get’ (reviewed by Gil Dekel, PhD)
Part 1 of 4. » Go to part 2. A concise review of key insights gained from Alan Sugar’s successful business career and life experiences, as laid in his recent autobiography (published by Macmillan, London, 2010). [The numbers below are pages numbers as they appear in the book, for your reference.] 10 Alan’s dad had a skill – being a tailor – but never exploited that skill fully,...
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