This week’s book of the week is prompted by a discussion I had with some other business owners on the lack of business education in the national curriculum. Even business studies courses don’t cover the fundamentals of how to set up, run and grow a business. Most people finish their education not even knowing how PAYE operates, so the complexities of the tax systems that businesses face are a complete mystery.
Rich Dad Poor Dad by Robert T Kiyoski is an international best seller that tells a story about his two dads. His real dad is an income rich school headmaster. The father of his best friend is a business owner. Whilst his real father has given him an academic education, his friends dad gives him a business education. He soon learns that whilst his friend’s dad appears to be poorer than his own father, he is in fact much wealthier. He learns the difference between working for money, against making money work for you.
At Mustard we often come across business owners that are working harder and harder and longer and longer. Our passion is helping them to get their business to work for them, and not the other way around. For anyone that hasn’t already read it Rich Dad Poor Dad is highly recommended.