Lessons From Rich Dad Poor Dad
Rich Dad Poor Dad is one of the top-selling personal finance books of all time. It is a must-read for anyone who wants to learn how to build wealth and achieve financial freedom.
Author Robert Kiyosaki shares his story of growing up with two fathers – one rich and one poor. He teaches readers how to develop the mindset and financial knowledge needed to build wealth.
1. Money is an illusion
The story of Rich Dad Poor Dad by Robert Kiyosaki has become an international best seller and a huge inspiration for people who want to learn more about money. It teaches that wealth isn’t just about how much you make but also what you do with the money you do have.
In the book, Robert Kiyosaki takes us on a journey that uncovers how his two role models – a ‘poor’ dad and a ‘rich’ dad – thought about money.
They both earned high salaries, but they didn’t understand how money worked and how to make it work for them. This is the biggest reason why people don’t achieve financial freedom.
2. You don’t have to work for someone else
One of the best parts of owning your own company is that you get to make all of the decisions — including who to hire, what to charge, and what to buy. This is a hugely rewarding experience and one that most people are missing out on. It also comes with a host of perks, like employee-paid cell phones and catered lunches, which are more than just a nice perk.
Working for someone else has its downsides as well, including a hefty insurance deductible and a high-pressure job that can be a bit too much for your psyche. But the good news is that if you do manage to find your inner entrepreneur, you can rewrite the rules and reap all the benefits. It’s an exciting time and you will likely be able to do more with your newfound freedom than you ever thought possible.
3. You can make money on your own
One of the most important lessons from Rich Dad Poor Dad is that you can make money on your own. This can mean a variety of things, from producing an audio or video podcast to selling digital products on your website.
In short, Kiyosaki’s book is a must-read for anyone with an interest in personal finance. It helps you to develop a new mindset, and learn to think for yourself. It also gives you the tools you need to get started on your own. It’s a great guide to help you build wealth and a life of freedom.
4. You don’t have to be afraid of failure
If you feel like your dream job, business or relationship is off the table because you’re afraid of failure, it’s time to take a good hard look at what’s holding you back. Often, fear of failure is the result of perfectionism and a rigid mindset.
If you’re putting in the effort and investing in something you really care about, it’s natural to want to succeed. But if you’re constantly worried about the possibility of failure, it can make everything else seem pointless and unnecessary.
5. You don’t have to be afraid of success
When it comes to money and success, many people are afraid of making mistakes. But you don’t have to be afraid of success if you know how to work hard and smart.
You can become wealthy by learning how to do things better, like finding ways to save money and buy cheaper. You can also find ways to pool your resources and negotiate volume discounts.
If you are afraid of success, it may be because of a belief that you aren’t good enough or that your efforts will cost you. These beliefs are often based on your childhood experiences or expectations of what success should be.