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Midas Touch: Why Some Entrepreneurs Get Rich-And Why Most Don't Hardcover – October 4, 2011

4.3 out of 5 stars 132 customer reviews

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Editorial Reviews

About the Author

Donald J. Trump, Chairman and President of The Trump Organisation, continually sets the standards of excellence while expanding his interests in real estate, sports and entertainment. From his role as star and co-producer of the NBC hit series The Apprentice and The Celebrity Apprentice to his award winning golf courses and skyscrapers, his business acumen is unparalleled. An accomplished author, Trump has authored over ten bestsellers and his first book, The Art of the Deal, is considered a business classic. Trump is the archetypal businessman - a deal maker without peer and an ardent philanthropist. Robert T. Kiyosaki, best known as the author of Rich Dad Poor Dad. Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. He is an entrepreneur, educator and investor who believes the world needs more entrepreneurs. With perspectives on money and investing that often contradict conventional wisdom, Robert has earned a reputation for straight talk, irreverence and courage.
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Product Details

  • Hardcover: 240 pages
  • Publisher: Plata Publishing; First Edition edition (October 4, 2011)
  • Language: English
  • ISBN-10: 161268095X
  • ISBN-13: 978-1612680958
  • Product Dimensions: 0.5 x 6.2 x 9.2 inches
  • Shipping Weight: 1 pounds (View shipping rates and policies)
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (132 customer reviews)
  • Amazon Best Sellers Rank: #95,729 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

By Giovanni T. VINE VOICE on November 4, 2011
Format: Hardcover
It may look like a fresh book filled with new ideas to anyone who's just discovered Trump or Kiyosaki; Those who read their previous titles, there's hardly anything new. The book still has value, good ideas and refreshers, but I'm starting to think that all they are doing is luring you in with a new shiny cover and a promise that you will discover something new. Some will be gullible enough to fall for this trap. Not a bad read, but it sure does look like they are not even trying any more. They both made good brands out of their names. They will milk that cow until it's dead.
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Format: Hardcover
After reading just two chapters of this book, I knew it was going to be a winner. I therefore decided to put a highly recommend post for the book on two entrepreneur listservs I belong to. The remainder of the book did not disappoint me either.

I highly recommend this book for several reasons:

First and foremost, this book is about entrepreneurial mindset or frame of mind. This book is not about how to run a business. I found this perspective particularly valuable as I am currently personally shifting my mindset from that of being an employee to that of an entrepreneur.

Secondly, this book looks at the changing nature of the U.S. economy and how entrepreneurs must position themselves for success today and in the future. In this regard, I was reminded of the book title, What Got You Here, Won't Get You There

Thirdly is the discussion surrounding the Business- Investor Triangle which illustrates the 8 Integrities of Business. While this concept might not be new to some readers, what makes this information valuable is the discussion regarding how the entrepreneur should approach the triangle.

Finally, there is the discussion about what it takes for the entrepreneur to move from self employment to a business status as defined by Robert Kiyosaki's CASHFLOW Quadrants.

I found the book to be a quick, engaging read. Based on their experiences, Trump and Kiyosaki have identified five key factors of entrepreneur success. Each of the key success factors is a chapter in the book. Trump and Kiyosaki believe that to achieve success, today's entrepreneurs must master all five factors or attributes.
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Format: Hardcover Verified Purchase
I really like this book! Its a must-read for every entrepreneur. Robert and Donald team up to pen a practical guide on what it takes to be a successful entrepreneur. I appreciate the fact that they didn’t try to sell a pipe dream. They were very real and straight-forward and didn’t shy away from the fact that entrepreneurship is hard work and sacrifice is a prerequisite to success. Here is one of my favorite statements Robert makes:

p13 "Entrepreneurs need to work 24/7 in the start-up phase, often working for free for months and even years. Its the number of hours worked for free that defines entrepreneurs and separates them from employees.
The number of hours working or practicing for free also determines the level of success you will have in anything….This is why its best to keep your daytime job and build your business in your spare time….you may be working for free for a long time.”

According to this book the cornerstones of a successful entrepreneur are:
Strength of character
Focus
Brand
Relationships
Little things that count

My favorite is strength of character which is essentially the entrepreneurial spirit. They defined this on p1 as “The entrepreneur’s ability to dream, win, lose and win again is often called the entrepreneurial spirit. It is what separates the entrepreneur from everyone else in business. It is what separates those who want to be entrepreneurs from those who can be entrepreneurs.”

I appreciate this book not being overly long as well. Most business books go on and on avoiding the heart of the issue basically padding the book with fluff to increase the book's size. This one does a good job with sticking to the core of the content. Again, great book and a must-read for every entrepreneur.

Tony Rogers Jr
Author of Visionary:Making a difference in a world that needs YOU
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Format: Hardcover Verified Purchase
I have been reading Kiyosaki's books all along since Rich Dad Poor Dad and following his development as he has come along. His teaming up with Donald Trump in his Midas Touch brought together a fantastic set of "wiggy information" which to my way of thinking is one of the greatest books to date on learning to get out of the rat race. Please congratulate them both for me and send them a "Feliz Navidad" from down Mexico way. And please congratulate yourselves (Amazon) on fast efficient courteous service. God Bless you all ! Richard Schwabe
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Format: Hardcover
Another good Trump book, this time coauthored with the famous Robert Kiyosaki of "Rich Dad, Poor Dad" fame.
I read this to understand the character of Trump during this presidential election year. While the objective of the
book is to clarify the big picture thought process and behaviors that help an individual become a successful
entrepreneur, I sought, via Trump's numerous personal anecdotes in the book, to better grasp who he is.

While this book was written in 2011, and most presidential candidates like to author books in preparation for a run for
the presidency, and it could be argued that Trump has been preparing to run for the presidency for the last 30 years,
and so these books are prepared revelations for the voting audience, his writing style is effective and comes across as
genuine. It is more like an in the moment brain dump of a string of personal experiences over a period of decades, rather
than some contrived powdered up version of saintly reality.

My takeaway from this and other Trump books is that he is not a fluke. His success is a by product of his character
traits. These character traits which one glimpses upon in the book, help explain his presidential aspirations.
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