![]() We often say, “It’s not the investment that’s risky, it’s the investor.” Someone who puts their money into an investment (real estate, stocks, business, commodities) with not education about the investment is a very risky investor. AS INVESTING EDUCATION INCREASES, YOUR RISK DECREASES.Find a CASHFLOW Club now!Īs you’re playing CASHFLOW, watch the behaviors of the other players, as well as your own, to see if how you play the board game… is how you play life. ![]() Rest assured that behavior, and it may be your own behavior, that shows up in the game will also show up in life. Here are just a few, of many, lessons to watch for as your play CASHFLOW.Īny game you play – any sports, board games, any competition – will bring out a person’s true behavior. There are always new distinctions to get from the game, because where you are today is not where you will be a month from now. The importance of being part of a CASHFLOW Club is that you get to play the game often. We know of one club that meets once a month at their favorite pizza parlor. Some groups meet at coffee shops, some at people’s offices. These clubs are groups of people that spontaneously get together on a regular basis and play the game. We began doing our own research and we discovered that there were approximately 3,500 CASHFLOW Clubs worldwide. One day the journalist writing the story called us and asked, “Did you know that you have a CASHFLOW Club here in New York with about 1,000 members?” We said, “No, we didn’t know that.” Then he went on to say, “I’ve been doing some research and do you know there are CASHFLOW Clubs all over the world?” We were stunned and speechless. And in October 1996, we launched the CASHFLOW board game in Singapore to a group of about 500 players.Ī few years after we launched the CASHFLOW game the New York Times newspaper called us and said they wanted to do a story on the game. Having never invented a board game, every day was an experiment in what works and what doesn’t works. And it opens up discussion about money and investing that most people never talk about. You make investing mistakes… but with play money, not real money. It’s actually people teaching people.īy playing the game you see different strategies of different players. More importantly, a board game allows the players to become the teachers. ![]() "Rich Dad Poor Dad" - The #1 Personal Finance Book of All-Time We asked ourselves, “What if we could combine investing, one of the scarier subjects when it comes to money, and accounting, probably the most boring subjects, and create a fun and entertaining board game that teaches people exactly what we did?” That way the board game travels, and we don’t have to, because one of our mantras at Rich Dad is “ the more people we serve, the more effective we become.” People teaching people is much more effective and reaches so many more people, than us. If we learn another lesson, give me a look.We both like games. And again, we have no explicit reason to think that that its affected. ![]() There is also an example of the new Lord of the Rings movie. If it were that that Embracers studio had a lot of games, it wouldn’t be clear how many will exactly be axed and what will happen to these teams. It’s worth noting here that Embracer had 130 studios, and the Cryptic MMOs had already been doing well, so there’s no real reason for that they’ll be impacted yet. All announced significant releases will be released as planned. Hopefully the future future game release’s impact will almost entirely be around unannounced projects. We’ll reduce third-party publishing and focus more on internal IP and increase value for large-budget games’ funding. It will also include lesser spending on development, such as overhead and other operations expenses. The actions will include, but not limited to, closing or divestments of some studios and the termination or disingainment of some ongoing game development projects. Despite the fact that the company still expected to grow in the next two years, the company still is expected Today, the company announced a shuffle and major restructure and consolidation of the company, which will eventually lead to an unnamed number of layoffs across the 17K-person workforce.Īs for what’s happening, President Lars Wingefors says that his proposal is to transform the company from a heavy investment-mode to a highly cash-flow-derived business, to a rationalely change our management skills, in the sizing of profits, to the success of our own business. Just three weeks ago, Embracer Group, a megacorp owned by some odd assets, including Gearbox, which governs Cryptic and a bunch of MMORPGs, which we care about, admitted that a crucial partnership in value of $2 B US had fallen through for reasons unrelated to Embracer itself, and therefore its stock price and earnings forecasts have plummeted over cashflow concerns. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |