Full Sail Business Financing Discussion Post_Rich Dad Poor Dad

LOL, as teacher who had said a lot of the things Poor Dad said about money this book was a horror story with a happy ending.

Re: Kiyosaki RT, Lechter SL (2000) Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not! Business Plus


Yeah, what really got me about working at community college was that there were teachers who had assets such as rental properties and struggling adjuncts like myself. One teacher owned an entire apartment complex in the Bay Area. The teachers who had assets never had to worry about their jobs. In this sense a culture divide was kind of made between "Rich" teachers were truly not in it for the money, as other quote on quote "Poor" teachers had more liabilities and therefore had to work. It wasn't as if neither one didn't care about the students nor that adjuncts didn't have access to incomes between $16,000 to $90,000, but that income difference was there.

I have met millionaires in California: Some who didn’t like me because I was not wealthy, and others who were really cool because they understood my choice to be a teacher. I also saw the effects of the 2008 crisis on many of the wealthy engineers whose primary assets were based on a good UC education and past inventions with start-up engineer firms. These entrepreneurial engineers sold their companies to bigger companies to avoid direct competition and expenses. For example, medical technology has to be approved by the FDA (Food and Drug Administration) and larger firms already have the infrastructure to implement the necessary testing to get a product out faster, as a small start-up does not.

These engineers increase their assets from the liability of owning their own companies. These people who retired at the ages of 35 to 40 had done their best to maintain their assets. After retirement, some of them actually lost a lot of their assets post 2008. They really had to assess their lives and figure the next step. Unfortunately, I lost connection with them. I really wanted to know what happened because I care and if I do find myself in a similar situation, I wanted to learn from their decisions. Similar advice noted in Rich Dad Poor Dad.

Thinking back about our last class, where Guy Kawasaki explains that company's think about the money don't make money, and company's that think about something beyond making money, make money, I realize my life as a “Poor” teacher was not wrong, but working for the government was limiting. In Rich Dad Poor Dad, I agree with “financial choices” can get you out of the Rat-Race, but I think for myself the most important lesson is that money is not evil, it’s a tool that can help people. Moreover, I became a teacher to help people; thus, money as a tool is synonymous with my philosophy as a teacher.

When putting together a business plan with very little personal assets, the people that have been interested in helping us start a company we’re not really interested in the return, but who we “are” and what we wanted to “do”. These potential investors see money as a tool to help people, and I can only hope that the company that I’m trying to form gives me the same ability to be an “Indian-Giver” and help people make a living from their passions. Note: the history and misconception of “Indian-Giving” is in Rich Dad Poor Dad’s later chapters, and I apologize if I offended anyone, but it really helped me form my philosophy when approaching investors I can work with. Also note: the term really reflects returns and wealth generation from ventures very well.

LOL, I’m actually praying that the things I’m working towards actually pay off at the end of the world in 2012.

Kurt Sasso Interview

Hi all, here’s a link to the full hour and half final recording.
http://www.talkshoe.com/tc/30346

Hi all, here’s a link to the full hour and half final recording. For those of you who don’t know who Kurt Sasso is… he’s a up and coming rising star in the webcomic and comic convention scene. He’s becoming influential because his podcast is over 150 episode run helps showcase new and established web comic creators. Recently, he has convinced many to join him to create a cookbook to promote awareness of north American access to food issues.








For the busy person, below are the most key points and themes related to the Full Sail Assignment, Enjoy☺

Table of Contents of Segments….

Part 1 Introduction

Part 2 Kurt Sassso on Affiliation and Role

Part 3 Web Business Talk

Part 4 Business Negotiations

Part 5 KS on Email to Interview

Part 6 Zon Rants About Internal Negotiation

Part 7 KS uses his Role and Affiliation for good (i.e. a good cause).

Part 8 KS on Role, Autonomy and Mutual Benefit

Applying Fisher and Ury’s (1981) ideas with Fisher and Shaprio (2006) addition of emotions to negotiations, Kurt Sasso and I had a blast talking about the theory and business of web comics, content marketing on the internet, and how it all related to this Full Sail Assignment.

Part 1 Introduction


Part 2 Kurt Sassso on Affiliation and Role

“What do you think of the Community to Industry model for independent creators?”



Part 3 Web Business Talk

“How large are your web hits?”



Part 4 Business Negotiations

“What are the biggest negotiations to your brand?”



Part 5 KS on Email to Interview

“How much negotiations with type of questions or prep?”



Part 6 Zon Rants About Internal Negotiation

“How does Kurt negotiate with Kurt?”



Part 7 KS uses his Role and Affiliation for good (i.e. a good cause).

"Cookbook?"



Part 8 KS on Role, Autonomy and Mutual Benefit

"What do you think are the most important themes when small independent media companies deal with each other?"



References:
Fisher, R. and Shapiro, D. (2006) Beyond Reason: Using Emotions as You Negotiate
Penguin Group New York. New York.

Fisher, R. and William, U. (1981) Getting to Yes: Negotiating Agreement Without Giving In.

Discussion Post One for Negotiating and Deal Making

Discussion Post One for Negotiating and Deal Making
From Full Sail




“I am ‘Zon Petilla’” and “I am most afraid that I won’t be able to achieve my goals in life.” I aslo believe that I am the only one in the world who has ever felt this fear of failure until others share.

Prompt:
In Chapters 1-2 of Getting To Yes, please discuss how perceptions and emotions affect negotiations.

In chapter one, “positional arguing” is based on perceptions and emotions. In this sense, when a person argues their position, they will hold closer to their position wither it is right or wrong. When two people hold their position, anger or frustration can be generated by the lack of giving trying to find “objective criteria” for a middle ground.

Looking at the analogy of dating or romance, a couple from a series of arguments can change their perception about whom they are with. These negotiations then can become arguments that may become verbally and/or physically violent. In reference to chapter Two “The relationship becomes entangled in the problem” and the couple may turn to the blame game and aggressively attack and hold on their positions without compromise (20-23). In this sense, the couple according to the book would have to stop running on emotions (i.e. the very thing that drives passion and romance) and develop an “analysis” and “planning” stage before negotiating on solving the problem(s) at hand (12).
This were they usually seek a negotiater such as a preist or counciler.

Making fun or our last class material in relationship to this analogy, I think the hardest argument for many couples is the “Time/Money” argument. Is their enough money going into the relationship to make it worth my time.

a) What are some of your strengths and weaknesses?

Strengths

Smart
Creative
Driven
Focused
Caring
Understands Kids and Teens


Weaknesses

Needs to Constantly Research
Can’t do stand up comedy
Robotic In Logic
Over Talks too much (Have you read my blog?)
Annoying at times

b) How do you think others see you?
The Positive
He can help me solve the problem and encourage my success.

The LOL Negative
An energetic intelligent trustful waste of potential whom needs to get his act together. And sometimes over talks a point. LOL, one time this person had to reinforce that we were going on a date and that she liked me after she said “yes” two minutes prior (Aw too be young)J

c) How do you think self-confidence plays a role in effective negotiation?

Pride and ego are not necessarily bad things because they create self-esteem in turn self-confidence. Facts about one self such as “looks”, “talent”, “knowledge”, and “combination” or “compensation” of all things, a person can create a sense of self-worth attached to self-confidence. Once a person knows their self-worth when they negotiate, they can be confident about their position and their importance to the negotiation at hand. When needed elements are missing from self-confidence related to worth and value, internally it’s hard to deal with people who do not necessary value a negotiator’s role. Fear of inadequacies follows and the primary argument of “worth” fails and the negotiator more than likely is internally and externally deemed “worthless”.

In other words, self-confidence leads to internal and external value of whom and what am I in a specific conversation.

LOL, my reflections on dating.

d) Do you think that any of your fears keep you from being an effective negotiator? If so, how might you overcome this?

Yes, I would love to go back to therapy and itemizes the various aspects of my self, I could become a Buddhist again, or the cheapest and easiest answer I can think of is to surround myself with people who can help me grow as a person (i.e. friends).

e) How do you think knowing yourself will help you in your career?

Surviving the stress of a career comes from love. I feel that a person has to love what they do and whom they do it with. This means build a criteria and scale of love and hate. When the hate out weighs, the love it’s time to move on. In this sense, a person can’t understand how they feel about something until they know who they are. This is unfortunately a long conversation with an internal self who changes slowly each year; however, the empathic application of understanding people in negotiating makes the entire exercise of knowing “self-worth”, worth it when considering a career that is driven by people’s passions, perceptions, and emotions.

Maybe, this is why many love allusions of truth, such as “sarcasm”.

Reference:

Fisher, R and William, U (1991) Getting to Yes: Negotiating Agreement Without Giving In. Second Edition. Penguin Books. London