I really admire people like him who made it back in the days when you had to figure a lot for yourself. And it's motivating to see how highly functioning men can be at such age.
Joe, thank you for this, this has made me feel as if I am in a Masterclass class room with Keith, my word, what experience, insight and wisdom. Thank you again.
In the video, Keith Cunningham discusses the importance of managing risk in business and how to evaluate intelligent versus stupid risks. He emphasizes the need to design processes and systems that can operate smoothly and efficiently to achieve a specific goal or solve a specific problem. Cunningham also shares insights from Howard Marks' book "The Most Important Thing," highlighting that good risk does not cease to exist just because we ignore it. He recommends a pre-mortem exercise to identify and evaluate risks, minimize them, and emphasizes the importance of having people around us who will question our assumptions and push back on our ideas. Additionally, Cunningham introduces his thinking time process, which involves starting with a powerful question and fleshing out ideas by asking the right questions and giving oneself time to think. Overall, the video provides valuable insights on risk management and how to create systems that can lead to long-term success.
@@Bianca.rantzsch I do agree. One cannot overstate the importance of institutional or fundamental financial management. Oceans, not lakes, are the markets. Very important, as already mentioned, is diversification. I was able to understand the importance of timing, capital, entrance, and many other factors after making my fair share of poor transactions. I definitely understand the value of fundamental knowledge and delegation because I currently manage a $122k portfolio that has an average monthly return of 12% under Yvonne Annette Lively in less than a year.
@@joecaruso06 A recent CBCC feature? where she said that debt and credit were the driving forces behind a booming economy? Yvonne Annette Lively, perhaps? It had a 9% monthly return when I last checked. how does the commission operate?
The first few minutes hit hard for someone that's trying to lose weight... It's easier to not eat stupid food than to burn off the calories of stupid food...
@@cort-egsk8975 coupled with expenses, good food is not cheap and it takes effort and time to cook a proper meal, I guess it all comes down to right effort. I think cooking steam fish isn't as expensive as I thought.
The rich dad character in that book is actually just made up to create an interesting story around his principles. But this man is someone who has taught him much of the principles he based his book around. True that this man is to young to be his biological father, but old enough to teach him about business. Kiyosaki actually got rich late in his career.
WHY am I barely getting this important information almost TWO YEARS LATER?!!!🤨😡🤬 ... HEY JOE, I JUST BECAME AN ENTHUSIASTIC NEW SUBSCRIBER OF YOUR CHANNEL. This is the first time the UA-cam "algorithm" has recommended your channel to me & I'm elated with this first video & the subject matter; I enjoyed every second. And what a video this is! WITH the One And Only Keith J Cunningham! Very impressive! The quality, forethought & editing of this video is superb, the information presented is thorough but concise & I sincerely look forward to devouring & absorbing all of your content! .. I hope the rest of your content lives up to this video! Can't wait to find out!!!
Another thing to point out the rich dad is whoever you believe to be the rich dad no one can claim the title much like a saint it’s a title given to those who have made it and knows exactly how to do it over again
This is Keith Cunningham rich dad is many different people those who say this man is a con… you’d be mistaken by not taking him seriously Keith is smart and has been through the shit most of us can’t get past
The rich dad character in that book is actually just made up to create an interesting story around his principles. But this man is someone who has taught him much of the principles he based his book around. True that this man is to young to be his biological father, but old enough to teach him about business. Kiyosaki actually got rich late in his career.
Geez It is isn’t the actual rich dad ( mikes father ) it’s the person we can look at today that embodies the principles and character of the rich dad persona
If culture is how do we treat each other, then providing nap rooms means we recognize employees' need to rest...some of them could be tired, sick, having bad nights etc...why nap rooms could not be part of the culture ?
Oh Yes!!.. I'm dealing with the sabotage right now. I made and saved..then spent and spent..omg I don't know how to spend money correctly. I'm starting over...
Structure and leverage opportunity without structure is chaos. Structure allows growth. Leverage is who is on your team. The problem is creating structured methods the outline what to do. Core problem or true underlying issue. Optimism is your enemy. Arrogant and unwilling to listen. Leverage means you don’t do it all. But I am offering a personal service and need a plan. Where is the yellow brick road. What is the plan or strategy. Need excellent coaches with excellent methods. Need courage to say what needs to be said to reach a standard. Leader supports the team in being successful. People, process and culture. How we talk to each other and act - the way we do things. Build a machine and it can scale. Getting big is not the most important thing. Avoid the losses. Risk. Plan, people and structure.
The “Rich Dad” from Rich Dad, Poor Dad in his true form 🤯🥰🌸
Fake news! The one and only Rich Dad that mentored Robert when he was a child is Japanese.
fake news. Joe polish, what's the deal bro?
He looks younger!!!!!
He’s about three years Younger than Kiyosaki. May Kiyosaki should retitle his book “Rich Son, Poor Dad.”
Maybe, not may.
I really admire people like him who made it back in the days when you had to figure a lot for yourself. And it's motivating to see how highly functioning men can be at such age.
2 years later this video is still giving value! And I'm sure it still will in another 2
Joe, thank you for this, this has made me feel as if I am in a Masterclass class room with Keith, my word, what experience, insight and wisdom. Thank you again.
Many many thanks for making available valuable insights on UA-cam! We appreciate your contributions to education!
In the video, Keith Cunningham discusses the importance of managing risk in business and how to evaluate intelligent versus stupid risks. He emphasizes the need to design processes and systems that can operate smoothly and efficiently to achieve a specific goal or solve a specific problem. Cunningham also shares insights from Howard Marks' book "The Most Important Thing," highlighting that good risk does not cease to exist just because we ignore it. He recommends a pre-mortem exercise to identify and evaluate risks, minimize them, and emphasizes the importance of having people around us who will question our assumptions and push back on our ideas. Additionally, Cunningham introduces his thinking time process, which involves starting with a powerful question and fleshing out ideas by asking the right questions and giving oneself time to think. Overall, the video provides valuable insights on risk management and how to create systems that can lead to long-term success.
Nice ChatGTP summary of the transcript.
Thanks!
Very very helpful for Joe Polish to provide diverse approaches to manage risk and prevent big mistakes/losses. Good intellectual sport!
Required listening... 6 months ago! Thank-you!!!
Loved the book, can't recommended high enough.
Wealth consists not in having great possessions but in having few wants.
Epictetus
alongside financial planning and education you know. Matter of fact that is pretty much priority in a bid to swerve losses.
@@Bianca.rantzsch I do agree. One cannot overstate the importance of institutional or fundamental financial management. Oceans, not lakes, are the markets. Very important, as already mentioned, is diversification. I was able to understand the importance of timing, capital, entrance, and many other factors after making my fair share of poor transactions. I definitely understand the value of fundamental knowledge and delegation because I currently manage a $122k portfolio that has an average monthly return of 12% under Yvonne Annette Lively in less than a year.
@@joecaruso06 A recent CBCC feature? where she said that debt and credit were the driving forces behind a booming economy? Yvonne Annette Lively, perhaps? It had a 9% monthly return when I last checked. how does the commission operate?
Wide diversification is only required when investors do not understand what they are doing.
Warren Buffett
So very true.
The first few minutes hit hard for someone that's trying to lose weight... It's easier to not eat stupid food than to burn off the calories of stupid food...
It amazing when you look up how long it takes to digest certain foods.
True, you can’t out exercose a bad diet. But you can change your body with nutrition and not touching a weight
@@cort-egsk8975 coupled with expenses, good food is not cheap and it takes effort and time to cook a proper meal, I guess it all comes down to right effort. I think cooking steam fish isn't as expensive as I thought.
@@johnb6850 I would put stress and dealing with stress into it too, I mean some ppl deal with stress with eating junk which I guess makes it worse.
Is food the root cause, I don't think so
Thanks Joe and Cunningham for this skillful shows
He looks the same age as kiosaki
He's 3 years younger actually
Best vid and information I’ve received this year 2023
Why UA-cam Not promoting this great podcast channel,
I'm telling you UA-cam AI pick this and recommend it to whole world.
Huh so this is where Alex hormozi gets his info.
So glad to be find out about Keith at 18
I've read many times that the Rich Dad was Richard Wassman Kimi- the father of Robert's best friend Mike- and that he died back in 2008.??
I work for the company, if a leader in front me can’t do his or her job I take it. I work with my fellow employees so the company is successful.
EXCELLENT MASTERCLASS
@54:34 Earl Nightingale was the one who came up with "thinking time" back in the 50's.
“It’s never what you do, it’s how you do it”
Keith!
in what industry made him wealthy? And did anyone of you have done his seminar and can talk about his experience?
what a legend!
Super liked it!
This video so good, sorry for any advertiser that has shown to me, i have blocked them for interupting me
no ones going to mention that this rich dad looks the same age Robert Kiyosaki? ummmmm
rob is 3 yrs older
Maybe the story of “Rich Dad, Poor Dad” is fictional. Does that make the wisdom in the book less valuable???
The rich dad character in that book is actually just made up to create an interesting story around his principles. But this man is someone who has taught him much of the principles he based his book around. True that this man is to young to be his biological father, but old enough to teach him about business. Kiyosaki actually got rich late in his career.
Or younger lol
The “dad” advice doesn’t always have to come from an older person.
2:20 the key keeping your money is stop making stupid mistakes.
if you could UNDO three decisions....
WHY am I barely getting this important information almost TWO YEARS LATER?!!!🤨😡🤬 ... HEY JOE, I JUST BECAME AN ENTHUSIASTIC NEW SUBSCRIBER OF YOUR CHANNEL. This is the first time the UA-cam "algorithm" has recommended your channel to me & I'm elated with this first video & the subject matter; I enjoyed every second. And what a video this is! WITH the One And Only Keith J Cunningham! Very impressive! The quality, forethought & editing of this video is superb, the information presented is thorough but concise & I sincerely look forward to devouring & absorbing all of your content! .. I hope the rest of your content lives up to this video! Can't wait to find out!!!
Buffet Said: "When Howard Marks Talks I listen"
This is all great and everything but what does the 'poor dad' have to say?
Another thing to point out the rich dad is whoever you believe to be the rich dad no one can claim the title much like a saint it’s a title given to those who have made it and knows exactly how to do it over again
29:25
Nap room is good if you work 6 on 2 off and never stop!
This is Keith Cunningham rich dad is many different people those who say this man is a con… you’d be mistaken by not taking him seriously Keith is smart and has been through the shit most of us can’t get past
Not the "rich dad" but powerful message
❤
Moneyball
Get people on base
He talked about all the business principles in the book "The E-Myth"
its never what you do. its how you do it.
"culture--is not perks. Perks, is how many jelly beans in the kitchen--and whether you do or don't bring your dog to work."
I'm enchanted
How can it be that the rich dad is younger than Kiyosaki. Kiyosaki is 76
I actually had to scroll through these comments to see if anyone else even thought to ask this
Kiyosaki was asked who the rich dad was and this guy was his answer.
The rich dad character in that book is actually just made up to create an interesting story around his principles. But this man is someone who has taught him much of the principles he based his book around. True that this man is to young to be his biological father, but old enough to teach him about business. Kiyosaki actually got rich late in his career.
Geez It is isn’t the actual rich dad ( mikes father ) it’s the person we can look at today that embodies the principles and character of the rich dad persona
Interesting video but do we really need dramatic music?
If culture is how do we treat each other, then providing nap rooms means we recognize employees' need to rest...some of them could be tired, sick, having bad nights etc...why nap rooms could not be part of the culture ?
I wonder if a 20 minute nap after lunch could actually increase productivity.
Oh Yes!!.. I'm dealing with the sabotage right now. I made and saved..then spent and spent..omg I don't know how to spend money correctly. I'm starting over...
I was Muhammad Ali's personal trainer....that is if this guy is the Rich Dad. Sad since his seminar is very good in it's own right.
Great advice but… it’s Halley’s Comet, not Haily’s comet.
I am having trouble identifying the root problem. What is the root problem for having too much weight.
Dietary/Nutritional habits, and exercise patterns or lack of.
Habits
Structure and leverage opportunity without structure is chaos. Structure allows growth. Leverage is who is on your team. The problem is creating structured methods the outline what to do. Core problem or true underlying issue. Optimism is your enemy. Arrogant and unwilling to listen. Leverage means you don’t do it all. But I am offering a personal service and need a plan. Where is the yellow brick road. What is the plan or strategy. Need excellent coaches with excellent methods. Need courage to say what needs to be said to reach a standard. Leader supports the team in being successful. People, process and culture. How we talk to each other and act - the way we do things. Build a machine and it can scale. Getting big is not the most important thing. Avoid the losses. Risk. Plan, people and structure.
I lost several properties too not at this level but it hurts just the same
This guy doesn’t appear to be as old as Robert’s “Rich Dad.”
Where's the women in the audience? I recently retired from business after 25 years. Come on women...represent!
I literally thought of McDonalds....
How is he The Rich Dad? Click bait
He handles it pretty good
“More smart”
Literally was thinking McDonald's
Good Rx was fined
1.5 million for selling people's personal information.
He's too young to be the legit Rich Dad.
Exactly
Yeah, I don't understand either how is that possible
Ya, kiyosaki is around 70
he is 3 years younger
The info is the key not how old he is
Yeah, this guy’s good.
There wasn't an actual dad the book was fiction
Pi network to the moon
Q
Shopping 🛍 list:
#1 exotic car
#2 yummy food
#3 mansion
#4 private jet
#5 luxury jewelry.
Q ❤️
The world and it's stories 😅 rich dad lol
Robert has said many times that the rich dad in his story is made up of different people. This is clickbait from an overrated youtuber.
Looks like Elon has both the business element and quality element.
This guy is too young to be the rich dad. He's younger than Kiyosaki! lol. Hilarious con going on here?
HOW THE HELL CAN HE BE THE RICH DAD FROM "RICH DAD POOR DAD WHEN HE IS YOUNGER THAN ROBERT KIYOSAKI!!!!???? LOL
I CALL THIS BULLSHIT!!!
The money is in the properties too
Robert Toru Kiyosaki is 75 years old how old is Keith?