Richard didn’t blink. He answered immediately like a wise, kind sage. Here’s what he said: It’s all about finding and hiring people smarter than you, getting them to join your business and giving them good work, then getting out of the way and trusting them. You have to get out of the way so you can focus on the bigger vision. That’s important, but here is the main thing: You must make them see their work as a mission.

It’s all about finding and hiring people smarter than you, getting them to join your business and giving them good work, then getting out of the way and trusting them. You have to get out of the way so you can focus on the bigger vision. That’s important, but here is the main thing: You must make them see their work as a mission.

Rich dad explained to me that the hardest part of running a company is managing people.

He is a visionary leader who has built a tremendously successful business over the decades by hiring talented people, developing a shared plan, and then unleashing them to carry it out. That’s what real leaders do, and I believe that he will do the same thing as president.

I cannot say it has been easy, it all started from scratch as I managed the limited resources that I had (like time, money and personal relationships). But with determination, passion and motivation, self-belief, hard work and discipline, I managed to build my businesses without ‘getting bored’ because I enjoy what I do.

Well, decisions I made were they needed to have a boss for the business. If I didn't have a leader, I shut it. And I had a division of 86 people where four people survived. And you can't really build a business back with four people. Basically, we went from being a great company that was making a million dollars a day to a company that was losing a million dollars a day. But they all have mortgages to pay, and they need to put food on their table. So one of the things I did is I would call the leaders of other companies and say, here, this guy's John. He sells this many products. He's incredibly successful. You would've never been able to hire him. He was never going to come work for you.

Give your influence away," she urged her listeners. "Amplify your impact by creating other leaders. Think of yourself as a kingmaker, a queenmaker." Invest in the success of the people in whom you see potential, she continued, because building one another up goes both ways. "You won't be successful if your people don't believe in you, so you have to invest in their success as well.

Succeeding in business is not just about making money. Money is important, but it’s not the real driver — certainly not for me. I have found that what drives me is the desire to prove, to myself and to my peers, that I can do what I set out to do and build something that matters. I’ve done that by recruiting smart people — many from traditional corporate environments –and giving them a dose of entrepreneurial spirit. You achieve long-term success step by step. Try to achieve your goals one at a time, like you do target practice. I look at each day as a chance to move one notch above yesterday — whether it’s in service quality, delivery, speed, or any other aspect of the business. I don’t measure my “success” every day. I measure how much we have left to do. In that sense, business success is just a form of persistence."