Learn Basic Accounting

Robert Kiyosaki says the four most important business skills an entrepreneur must have are:

*Sales
*Investing
*Leadership
*Accounting

His Rich Dad taught him, “If an entrepreneur is struggling, it is often because he is weak in one or more of these business skills.”

So why are these skills not part of a standard high school scope and sequence?

More important than that, how can we get the right type of education to become proficient in these skills whether we're in high school or not?

Well, my answer is “learn it by doing it.”

Sales

To get experience in sales, sell something.

Affiliate marketing is the easiest way to learn how to make online sales.

Sites with affiliate programs have already done the market research and the search engine optimization for you.

They have suffered through the product creation process.

All you have to do is put your affiliate link out to folks who want what the site offers.

Investing

To get experience in investing, take a course or find a mentor before you jump in. If you don’t, you could and probably will quickly lose your shirt.

You’ve heard stories about your neighbor’s brother’s friend who had a cousin who lost his life’s savings in the stock market a year ago, right?

Well those stories come from novices who wake up with a great idea one morning and decide they are going to jump into the deep end of the investing world’s swimming pool when they haven’t learned how to put their face in the water in the shallow end.

They are an accident waiting to happen.

And “stock market investing” in general gets the blame.

Bottom line: get educated first.

Leadership

To get experience in leadership, get involved in a group that is going somewhere. Then watch what the leader does and copy what he or she does that works.

Start your own group and go somewhere.

But here’s the biggest pitfall to small business that I see.

Accounting

To get experience in accounting, you have to have a business in place or work with someone who does.

But somewhere during those early years when we were getting that foundational education, somebody forgot to include basic accounting as a requirement for living a successful life.

I personally think the reason why April 15 is the most dreaded day on the calendar is because most of us haven’t been taught how to keep track of our personal finances.

Employees don’t have many options, but small business owners don’t have any choice.

Keeping track of your business’ accounting can become a nightmare when you don’t know what you’re doing.

And then as soon as you think you have figured it out, the IRS changes the rules!

Yes, we’re also lazy and busy and unorganized… but this isn’t an elective.

Uncle Sam expects an account for the year and if he doesn’t think you got it right, he can send his auditors to make your life miserable.

So I personally think that in order to be truly “educated,” you have to understand basic accounting.

If you have a bookkeeper or an accountant, that’s fine! But if you could read their language, you could ensure their accuracy and know they aren’t taking advantage of you.

Tiger Woods went to college to study business and accounting. From the beginning, he planned to be a professional golfer. But his dad encouraged him to get his degree in accounting so he could communicate with and keep an intelligent eye on his bookkeepers.

Smart boy! Smart dad!

So if you don’t have a clue about where to start getting the proper education and encouragement about one of the very basics of operating a small business – accounting – join me Tuesday night, Oct. 30 at 9 PM Eastern to meet accountant and homeschool dad of 8, Darrel Hawes.

We have a solution.

The number for the call is 1-605-475-4150.

The passcode for the call is 42037#.

I’ll talk to you then!

So many books, so little time…

Rhea!
who is dedicated to bringing very cool experts to your family!

P.S. Oh and by the way, until midnight Nov. 4, you can still get a copy of our 3 ebooks and the 2-hour Audio Interview with John Taylor Gatto at

http://www.EducatingforSuccess.com/ebooks

A Contest and a Mindset

Hey,

You’ve heard our story of how my oldest son Drew became a real estate investor at age 18 and brought his dad home from corporate America in just a few years.

(By the way, he and Carol are expecting in January! Yahoo!)

Well, in my spare time, I’ve finally gotten around to recording how we developed an entrepreneurial mindset focused on serving God and others instead of ourselves and what I teach the kids about all that.

I’ve also written down how we got started online with nothing but a computer and how anyone can do what we’ve done.

And there’s one more thing.

We’re hosting a contest this year that you definitely want to hear about!

I’ll be on the phone this Tuesday night, Oct. 23 at 9 PM Eastern and I want you to join me so I can tell you all about what’s happening at our house.

The number to call is: 605-475-4150

The pass code is: 42037#

If you are ready to take home education to the next level or if you are ready to change your job situation, mark your calendar now and don’t miss this call!

I’ll talk to you Tuesday night!

So many books, so little time…

Rhea!
who loves encouraging you every Tuesday night!

Just wait till you see what we’ve got planned for you in November!

A Small Biz Event

Hey,

I just got a note from one of my favorite people in the
world, Tim Knox, who just announced that he is hosting
his last small business boot camp for 2007!

He has a limited number of seats left and when you see
what his guest experts will be teaching, you’ll want to
be there.

Tim is teaching How to Start and Run Your Own Small Business.

Another one of my Best Friends, Paul Finley, will be
teaching How to Combine Sales & Marketing for Maximum Results.

If you missed meeting Mike Enos at our conference in
August, he’ll be there, too, teaching you How to Use
eBay to Drive Traffic.

And that’s just the beginning! There’s so much more!

So if you want to learn the basics of creating a successful
business, plan to hang out in my neck of the woods –
Huntsville, Alabama - on Saturday and Sunday,
November 10 and 11,to spend a few days with Tim Knox and his friends.

Here’s where you can learn more about it:
http://www.TimsEvent.RheaPerry.com

I hope to see you there!

So many books, so little time...

Rhea!
who has a secret to tell you next Tuesday night!

Don’t miss my call!
I’ll send details soon!

http://www.TimsEvent.RheaPerry.com

Learn to be a Virtual Assistant

Hey,

The Internet has changed business, and here's an opportunity for you to benefit from it.

As more and more businesses become virtual, more people are able to provide services to small online companies from home.

Virtual Assistants, commonly known as "VA's," manage it much like an office manager does, only they do it all virtually from a remote location.

They are becoming very popular.

The problem is, there aren't that many of them.

And there is a serious need in the online marketplace for loyal, skilled, and trustworthy VA's.

So my personal VA and I are going to teach you!

Together we are going to host an 8-week class via Webinars and conference calls to train basic Virtual Assistants.

The classes will start on Thursday, October 11.

To learn more about it, listen to the call I did with my personal VA, Denise Lindvall

You can listen to it here:
http://www.educatingforsuccess.com/va/

Just click the play button under Denise's picture.

If you're not interested but know someone who may be,
please forward this invitation to them with a personal note.

I'll talk to you soon!

So many books, so little time ...

Rhea!
who knows you'll love this class