The N#1 in circulation magazine in Cyprus publishes an article about the HELLENIC Cashflow Club Association

The N#1 in circulation magazine in Cyprus “MAN” in its November 2007 issue published an article about our community. Among other issues been covered in the article were: 1) An introduction to the CASHFLOW game and its principles. In particular the article was explaining how the game has changed the way people think about money and investing. Moreover, people can play it now in Cyprus as well. 2) The global phenomenon of Rich Dad– An overview of the book “Rich Dad, Poor Dad”, the book in which the CASHFLOW game it is based. The book explains what the rich people teach their kids about money–that the poor and the middle class do not. 3) How the CASHFLOW game has been introduced in the Greek higher education 4) The mission and the activities of the community of the HELLENIC Cashflow Club Association.

It was an excellent article and we hope  that the Cypriot readers will want to learn more on how to become financially literate. Just to to remind to the people from Cyprus that they can join the CASHFLOW game meetings of the Nicosia Cashflow Club or the Pafos Cashflow Club. Joining the CASHFLOW game meetings is free! For more informtion please contact us.

 You can read the entire article exactly as it has appeared in the magazine by downloading it. Please go to the HCCA FILES BOX in the sidebar of our blog and click the file “MAN_Magazine”

Robert Kiyosaki speaks about the Global Community of the HELLENIC Cashflow Club Association

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On 12nd of October 2007 Robert Kiyosaki (author of the New York Times bestseller “Rich Dad, Poor Dad” & creator of the CASHFLOW game) together with his wife Kim (author of the bestselling book “Rich Women”) visited Stockholm in Sweden. They were invited by the company which is representing Rich Dad in Sweden (www.richdad.se). However, the organizer of the Greek Cashflow Club in Sweden, Vassilis Mavroudis was also there and had the opportunity to talk with Robert & Kim about the Global Community of the HELLENIC Cashflow Club Association. In particular Vassilis had the opportunity to explain to Robert & Kim the mission of the HCCA which is linking and uniting all the Greek Cashflow Clubs from all over the world and spreading the word about the rich dad philosophy in Greece as well as in a level of Global Greek community. Vassilis underlined to Robert the specific efforts which are being made by our community in Greece in order to introduce the CASHFLOW game in the Greek Higher Education as well as the CASHFLOW game for Kids in Greek Kids’ Schools.

Robert & Kim were delighted to hear about all these. In particular Robert said: “I really like the whole idea of the Global Community of the HELLENIC Cashflow Club Association. We really love Greece and we’re visiting it for vacations whenever we can. Actually, last summer (2007) we were in Santorini. Its beauties are extraordinary” .

Unfortunatelly, Robert & Kim didn’t have time to give a full interview to Vassilis due to their full programme (next they were visiting Italy & Israel) but after hearing about the activities of the HCCA in a global level, they said they would like to visit Greece in order to talk about rich dad. 

Vassilis also met the assistant of Robert & Kim whom she’s happens to be Swedish and also informed her in more details about the mission of our community. Vasillis has done an excellent PR job regarding the image of the Global Community of the HCCA (He also talked with the Swedish journalists who were present there).

Vassilis Mavroudis with Kim & Robert Kiyosaki. Kim is holding the logo of the HELLENIC Cashflow Club Association

In order to see the photos from Stockholm in higher resolution click here

One out of two Greeks wish to start their own business

“One out of two Greeks wish to start their own business according to a survey of the eurobarometer which took place in all countries-members.

According to the results of the survey, 47% of the questioned Greeks aged 15-39 expressed their wish to form their own business within the next 5 years. It is the highest percentage in the Eurozone and the fourth highest among the 25 countries of the European Union, after the Latvians (50%), Polish (48%) and Lithuanians (48%). The lowest percentages have the Germans (19%), Belgians(18%) and the Austrians (16%)… In general, in the Europe of 25, the average of people who are living with the dream of starting their own business it’s not higher than 30% against 42% in USA. The 49% of the Europeans have never thought something like this, while in USA the percentage is not higher than 27%.

In accordance with an intermediate report of the European Commission, the average cost for starting a small & medium business is at 554 Euro against 813 Euro in 2002. Also,the time has been reduced almost at half, in about 12 days against 24 days in 2002.

This positive progress has been achieved due to the measures which the Commision forwards against bureaucracy, the improvement of accessing markets and the encouragement of doing business.

Small & medium businesses employ less than 250 employees, but the 23 millions S&M business of the European Union represent as a whole approximatelly 99% of the overall number of the Union’s businesses and the 57% of the aggregate economic added-value.

Furthermore, the Commision announced the creation of a programme which will help the S&M businesses to apply the european enviromental legislation. It is the “supporting programme for the enviromental compliance” which is an innitiative of the commisioner Stavros Dimas. The financing of the measures of the programme will come from the financial resources of the LIFE+ (5 millions euro for 2007-13).”

The above results of the eurobarometer’s survey  means for us  an awakening in the entrepreneurial instincts of Greeks. However this must be an awakening in qualitive entrepreneurship. We’re saying this because there are many people  who can’t find a job and instead they’re starting a business. The problem is that they’re lacking not only the proper business education but more importantly they’re lacking  the proper entrepreneurial mind-set which is necessary for starting a business.  Absence of “qualitive entrepreneurship” leads to people starting a business with the purpose of making money “fast & easy”. Of course this is not entrepreneurship.  True entrepreneurship means building a sustainable business with a long-term vision, at view. Our community, as supporters of the rich dad philosophy we’re making efforts for educating people regarding proper business education, particulary focusing on schools because as Robert Kiyosaki says:  “Schools teach students to become employees not entrepreneurs”. Indeed, we strongly believe that only by  having proper business education and proper entrepreneurial mind-set, this awakening in the entrepreneurial genes of Greeks will ultimatelly lead to the development of entrepreneurship in our country.

The Global Community of the HELLENIC Cashflow Club Association through LIVE worldwide broadcasting presented itself on the Athens Open Coffee Club Meeting

On the 2nd of October 2007 at 7 p.m, the community of the HELLENIC Cashflow Club Association had the opportunity to present itself on the Athens Open Coffee Club (The movement of the Greek internet StartUps) which took place at the multi-room of Bacaro ( 1 Sofokleous Str.- city center-across Athens Stock of Exchange). The meeting consisted of 4 different presentations (ours included).

The audience was the tech community of Athens (geeks, bloggers, entrepreneurs, investors, etc.) and it was consisted of approximatelly 70 people but through live broadcasting from the internet, the whole Greece as well as many Greek people from all around the world were watching us at the same time from their homes.

It was an excellent presentation. Despite the fact that the speakers had only 5 minutes to present themselves we have managed to explain the basic principles of Rich Dad, the CASHFLOW game as well as we had the opportunity to speak about the mission of the global community of the HELLENIC Cashflow Club Association and our plans for the future. At the end of our presentation we’ve answered to questions from the audience. The responses were very good. In fact most people didn’t even knew that something like that existed. They were really impressed. In future posts we will talk more about these responses. At the end of the presntations we had the opportunity to meet other people and explain them more things about our community.

You can find the report of our presentation (in greek) here. Below is the link of the video of the 4 presentations ( our presentation included). You can also find the photos of the meeting here.

Watch the video of the four presentations (ours included) here!

The HCCA (Global Greek Rich Dad’s Community) is expanding very fast

The HELLENIC Cashflow Club Association (aka the Global Greek Rich Dad’s Community) is getting bigger and bigger. Right now there are: 8 Cashflow Clubs in Greece, 2 in Cyprus, as well as 1 Greek Cashflow Club in U.S.A, Australia, Sweden and in South Africa very soon. You can find details of these clubs at our Greek Cashflow Clubs List. Furthermore,there are individual Greek Rich Dad’s fans in U.K, Belgium, Canada, Holland and Germany. All these individuals are making efforts to form Greek Cashflow Clubs in the above countries.

All these Greek Cashflow Clubs and individuals from all around the world are interconnnected and through an internet platform that we’re now developing this interconnection will become much more easier.

Apart from this global Greek Rich Dad’s network of people, specific eforts are made by the HCCA in order to spread the word about the rich dad philosophy in Greece and Cyprus. Our target  is the Greek higher education and the kids’ schools. After the introduction of Rich Dad and the CASHFLOW game at the Technological Educational Institute of Heraklion in Crete we’re in discussions with some other Universities and T.E.I’s for the introduction of the game into their curriculum as well. We insist in the higher education because we strongly believe that our traditional educational system although it’s very important, it’s not enough anymore. We must all understand money and its principles.

Furthermore we’re trying to approach kids’ schools in Greece for the introduction of the CASHFLOW game for kids on these schools because as Robert Kiyosaki says, giving kids an educational head start at this early age can have long-term financial results in their lives.

More over, in the coming months the HCCA will make an effort to inform the Greek and the Cypriot Media about our community.

As you can see, our community indeed is getting bigger and we’ll do our best to continue our efforts. The HCCA would like to thanks its community for their support, because without this support much of the above could not have been accomplished.

Greek Cashflow Clubs Presentations: VERIA Cashflow Club

In the North of Greece lies the beautiful town of Veria. Most foreign people probably know Veria  from the bible, from Apostle Paul. He walked in the streets of Veria and talked here almost 1950 years ago.

In the modern days Veria is an an agricultural and industrial (in agricultural products) centre of North Greece. But 3 months ago, in the summer of 2007  the VERIA Cashflow Club was created here.  The organizer of the club Christos Bakalidis, entrepreneur, says: ” I’m excited about our town’s newly formed cashflow club. I’m a big rich dad fan, the principles of whom have transformed my life. We are looking forward to get more organized as time passes by and more importantly we’ll do our best to attract more people to our club from Veria and the regions around the town. I’m also excited about the idea of the HCCA (Global Greek Rich Dad’s Community). It was something that we as Greeks were needed”.

For people who want to join the CASHFLOW game meetings of the Veria Cashflow Club, please contact us in order to re-direct you to the club.