RICH DAD: "OWNING THE NETWORK MAKES THEM RICH"

I came by this post on Facebook yesterday, read it, found it amazing and shared it. There wasn't much feeling about it till our 0600 meeting. (Before the meeting ends at 0730, we will read half a chpater of a book together and share our thoughts about it.) My new group chose to read Rich Dad Poor Dad - The Business School, and I'm not sure how/why, today is the first time I was on track while my other team member read. Rich dad says

"What made Thomas Edison's light bulb powerful was not the light bulb but the system of electrical lines and relay stations that powered the light bulb."......"Another word for system is 'network.' If you really want learn how to be rich, you must begin to know and understand the power found in networks. The richest people in the world build networks. Everyone else is train to look for work."...... "So what makes the rich, rich is that they build and own the system... the network. Owning the network makes them rich."

This few paragraphs totally made me realised, all those companies listed on the slide captured are building networks! Airbnb created a system where tourist can stay at the local apartments if the Host has spare rooms for rent. Guests get their accommodation at a lower rate as compared to hotel rooms and they experience first hand tradition and culture of that country they're in.

Similar to the rest of the listed companies above, I could simply this as a "platform". A platform where people find opportunities and work on it. Another example would be Apple & Google: they created a network where our smartphones have to be operated with its software. Then they have Apple Store and Google Play as a platform where app creators and users will go to for apps.

In this book, I saw many loopholes in our education system which SissyJ and I had a conclusion that this is a evil scheme by someone or some group with great powers. LOL. We're just having creative imaginations that's all. Blessed to have my teammates with me to discover this together. Xoxo

Till next time!

#behappywithshronn