Robert just submitted an article to Entrepreneur.com that captures, in a concise, easy-to-digest fashion, the importance of recognizing, hearing, and acting on feedback.

When building a business, one of the KILLERS that often results in a failed business, is the inability of the leader to accept feedback. Remember the quote from rich dad?

“If you are the smartest person on your team, then your team is in trouble.”

It is this attitude that causes so many businesses to flounder and ultimately end up in the toilet.

Each of us is receiving feedback every minute of every day. Winners know how to recognize and act on that feedback.

Seif

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Why Recognizing Feedback Is Critical To Success

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Robert Kiyosaki - Robert T. Kiyosaki, best-selling author of the "Rich Dad" series, and former Marine gunship pilot during the Vietnam War, is an investor, entrepreneur, educator and New York Times best-selling author. His financial education book series Rich Dad Poor Dad has been translated to over 100 languages and sold more than 26 million copies world wide. He also created the educational board game Cashflow 101 to teach individuals the financial and investment strategies that his rich dad spent years teaching him. Robert Kiyosaki's perspectives on money and investing are different from traditional teaching. The old beliefs of getting a good job, working hard, saving money, getting out of debt, and investing for the long term are obsolete in today's world. Robert Kiyosaki's teachings focus on generating passive income through investment opportunities, such as real estate and businesses, with the ultimate goal of being able to support oneself by such investments alone. Some of Robert Kiyosaki's bestselling books: Rich Dad Poor Dad, Cashflow Quadrants, The Conspiracy Of The Rich.