Examples of assets?

shmeeko69

antrobus wrote: »

Never heard of it. But what does Google say?

Google says:-

Rich Dad, Poor Dad now a bankrupt dad
http://www.dailymail.co.uk/news/article-2215642/Rich-Dad-Poor-Dad-bankrupt-dad-Best-selling-author-files-corporate-bankruptcy-losing-24m-judgement.html

Should be a few clues there.

Doesn't mean to say he's a bad businessman even although he has a $24m judgement against him.

The guy stood beside him in the photo had everything lost it and got it back again - why? because he has a wealthy mindset and never accepts second best.

Rich Dad, Poor Dad is one of the most inspiring books and if you follow everything to the letter then, you should become a more positive person and in turn do better in the world of business.

It's better to try and live your life as a tiger than being a sheep and simply following the herd.

jamesd

Bad or good businessman is an interesting question. He made an agreement to pay a certain percentage. He then seems to have withdrawn from the business so much money that when a court ordered it to pay up, the business no longer has the money in it to pay. And he has said he's not going to pay back the business enough money to meet the terms of the agreement he made.

There are many ways of viewing that, but I suppose the easiest one is that I wouldn't want to do business with someone who acts in that way, because what's the use of doing business with someone who won't stick to their end of a deal?