Lessons from Rich Dad Poor, which is one of the most popular books on the market today, are universal. After reading this book, you will know that there’s no such thing as a perfect person. In fact, in order to be rich, you must be willing to learn from every aspect of life. The book also teaches that perfectionism is a myth and that you must learn from every experience. It’s no surprise, then, that the authors’ father is a successful man.
Robert Kiyosaki’s father
Robert Kiyosaki is an entrepreneur who grew up in Hawaii with two “dads.” His biological father, a Ph.D., had completed his undergraduate degree within two years. His second father never finished high school and struggled financially, but later became Hawaii’s richest man. Robert Kiyosaki often compares the experiences of his two fathers. While both had struggled early in life, they were determined to earn respectable degrees and climb the corporate ladder.
Rich Dad was also a banker, but he was a different kind of investor. He was in the construction business, held meetings with financial experts, and devoted his life to building his empire. He spent long hours working in his businesses, building restaurants, a construction company, and a convenience store chain. Rich Dad was six feet tall and weighed 200 pounds, but he was much younger than his son. In fact, he spent three years in the Army and gave generously to charity.
Robert Kiyosaki’s father’s advice
Robert Kiyosaki grew up with two fathers – one of whom had a Ph.D. and completed his undergraduate degree in two years. The other didn’t finish eighth grade, struggled financially, and became one of Hawaii’s richest men. Both fathers offered conflicting advice, which Kiyosaki followed and is now the focus of his book. But one thing is clear: both men had the same mindset.
The father told his son to stay in school if he wanted to become rich, but Kiyosaki was already aware that this advice was “bullshit”. He had seen the fathers of rich people who had become very wealthy without a university degree. Consequently, Kiyosaki developed a deeper understanding of how to create a passive income that didn’t require any work at all.
Robert Kiyosaki’s father’s experience growing up
In the book “Retirement With a Six Figure Net Worth,” Robert Kiyosaki recounts the experiences of his father and how these experiences shaped the author’s life. Initially, he had nothing except his book. He then self-published it, then started speaking circuits with Amway support organizations. His nylon wallet company eventually went bankrupt, but his book has become a best-seller and he is worth approximately $80 million. The wealth he has accrued over the years is mostly from his books and classes.
As a young boy, Robert Kiyosaki listened to his rich dad’s advice to specialize. He was expected to work in various areas of the family business, attend meetings, and make sales. As a result, he learned every aspect of building an empire. This advice stuck with him, and he has been able to duplicate his father’s success story to build an empire of his own.
Kiyosaki’s father’s advice
Robert Toru Kiyosaki is a fourth-generation Japanese American. He was born in Hawaii in 1947 and graduated from the US Merchant Marine Academy in 1969. After a few years, he joined the Marine Corps as a 2nd lieutenant and served in the Vietnam War. He was awarded the Air Medal and honorably discharged in 1974. Kiyosaki’s advice on money has been widely acclaimed and hailed as a “money maker.”
Robert Kiyosaki’s financial education began while he was still a child. As a Marine in Vietnam, he felt behind his peers financially. He had very little money and no assets. But he had a burning desire to be rich. He sought the advice of his friend’s wealthy father, who agreed to teach him how to invest and become rich. In the process, Kiyosaki learned about the importance of financial literacy and financial education and is now a millionaire.