Midas touch

Why some entrepreneurs get rich – why most don’t
midas touch by Donald J. Trump and Robery T. Kiyosaki

Midas touch

Why some entrepreneurs get rich – why most don’t
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Synopsis

“Midas Touch” by Donald Trump and Robert Kiyosaki is a guide to entrepreneurial success that reveals the secrets of how some business owners achieve wild prosperity while others struggle. Through real-life stories of triumph, failure, perseverance, and purpose, the authors share their own “Midas Touch” principles that have propelled them to the pinnacle of entrepreneurial achievement. The book aims to inspire readers to find and fulfill their passion while providing practical guidance on developing the mindset, strategies, and skills necessary to drive entrepreneurial success and hit home runs in business

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Year Published

2013

Publisher

Plata Publishing

Pages

288

Language

English

ISBN 10

1612680968

ISBN 13

978-1612680965
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Features

  1. The Five Elements of the Midas Touch: The book outlines five crucial elements that entrepreneurs must master to attain the “Midas Touch” – strength of character, focus, brand, relationships, and attention to detail.
  2. Real-Life Stories and Experiences: Trump and Kiyosaki share their personal stories of success, failure, perseverance, and lessons learned, providing readers with practical wisdom and inspiration.
  3. Mindset Shift from Employee to Entrepreneur: The book aims to help readers transition from an employee mindset to an entrepreneurial mindset, emphasizing the importance of creating jobs rather than seeking employment.
  4. Strategies for Building Wealth: Trump and Kiyosaki offer strategies and principles for building wealth through entrepreneurship, such as leveraging capital, developing a strong brand, and fostering valuable relationships.
  5. Overcoming Obstacles and Failure: The authors discuss how to develop resilience, learn from failures, and overcome obstacles on the path to entrepreneurial success, emphasizing the importance of mentorship and personal growth.

Meet the author

Biography

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Chapters

Introduction

  1. The thumb: Strength of character
  2. Turning bad luck into good luck
  3. If it weren’t for bad luck
  4. Distilling it down
  5. Points to remember/things to do
  6. The index finger: F.O.C.U.S
  7. In battle, in business, in life
  8. The power of unrelenting focus
  9. Distilling it down
  10. Points to remember / things to do
  11. The middle finger: Brand
  12. Are you a rolex-or a fake rolex?
  13. What’s in the name?
  14. Distilling it down
  15. Points to remember/ things to do
  16. The ring finger: Relationships
  17. The perils of partnerships
  18. Relationships that work
  19. Distilling it down
  20. Points to remember/ things to do
  21. The little finger: Little things that count
  22. Little things are the big things
  23. Luxury and details
  24. Distilling it down
  25. Points to remember / things to do
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Quotes from this book

“When people are in a focused state, the words “I can’t,” “I’ll try,” “I’ll do it tomorrow,” and “maybe” get forced out of their vocabularies.”
― Donald Trump, Midas Touch

“Partnerships must have loyalty and integrity at their core.”
― Donald Trump, Midas Touch

“A brand is two words: the ‘Promise’ you telegraph, and the ‘Experience’ you deliver.”
― Donald Trump, Midas Touch

“Entrepreneurs are always taking feedback, especially from their customers, bankers, workers, and sales force. Without straightforward feedback, entrepreneurs cannot make sound decisions.”
― Donald Trump, Midas Touch

Key takeaways

  1. The Five Elements of the Midas Touch: The book outlines five crucial elements that entrepreneurs must master to attain the “Midas Touch” – strength of character, focus, brand, relationships, and attention to detail.
  2. Real-Life Stories and Experiences: Trump and Kiyosaki share their personal stories of success, failure, perseverance, and lessons learned, providing readers with practical wisdom and inspiration.
  3. Mindset Shift from Employee to Entrepreneur: The book aims to help readers transition from an employee mindset to an entrepreneurial mindset, emphasizing the importance of creating jobs rather than seeking employment.
  4. Strategies for Building Wealth: Trump and Kiyosaki offer strategies and principles for building wealth through entrepreneurship, such as leveraging capital, developing a strong brand, and fostering valuable relationships.
  5. Overcoming Obstacles and Failure: The authors discuss how to develop resilience, learn from failures, and overcome obstacles on the path to entrepreneurial success, emphasizing the importance of mentorship and personal growth.
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