July 1, 2011. Life is a teamsport, choose your team carefully!, was what Robert T. Kiyosaki wrote in his book Conspiracy Of The Rich, The Eight New Rules Of Money. He also pointed out that business and investing are teamsports as well.
I don’t know about you, but when I was in school we were trained to solve problems on our own. teamsport in school was supposed to be cheating.
Nowadays schools are more team oriënted.
In business fiscally spoken it is more interesting to belong to the B and I quadrant, or be a business owner or an investor.
If you want to protect yourself start building your financial team and play in the B and I quadrant.
In order to do so you should have a strong team, so you are protected from your money getting worth less and less by taxes, debt, inflation or retirement.
In order to do so build an entreprise according to the format of what he calls the B and I triangle
The format consists of the mission, the team, and leadership. Within this framework the conversations are cash flow, communication, systems, legal and product or service, in that order.
Robert Oosthout.