Rich Dad Poor Dad

Is it worth reading Rich Dad Poor Dad

Robert Kiyosaki, author of the book Rich Dad Poor Dad, makes it sound like you can be successful by following his advice. He emphasizes the importance of time, creativity, and money, all of which are valuable. He also stresses the importance of learning from different sources. The book focuses primarily on real estate and stocks, but you can apply his advice to any type of investment.

Robert Kiyosaki’s father

Rich Dad Poor Dad is written like a parable and tells the story of Robert Kiyosaki’s father, who grew up poor and became rich thanks to his savvy investments and entrepreneurship. The book teaches important lessons about money and financial freedom.

Robert Kiyosaki learned about his father at an early age. At that time, he was working for Xerox. His bosses would talk to him about promotions, pay raises, and deductions. Robert realized that he needed to follow his father’s footsteps and work harder to get ahead.

Robert Kiyosaki’s father, Mike, encouraged him to take the plunge into self-employment. He began by meeting with his father, who offered to pay him ten cents an hour for three hours a week. After several weeks, the young man demanded a raise and a meeting with the rich dad. After a meeting with his father, he was forced to wait 60 minutes longer than he originally planned.

The real Rich Dad was a man named Richard Kimi. Richard Kimi, Robert Kiyosaki’s inspiration, died in 2009, but the author didn’t disclose his name during his lifetime. His real father, Richard Kimi, did not want his name revealed, but his inspiration for the book.

Robert Kiyosaki’s perspective on money

Robert Kiyosaki’s perspective to money is influenced by his own experiences with money. He was raised by two different father figures – one who was a Ph.D. and another who was the father of his best friend. Although both of them were well educated, one father struggled with money, while the other was well educated and worked for the government. Despite their different approaches to money, both fathers emphasized the importance of education and work ethic.

Robert Kiyosaki’s perspective to money combines two different styles of teaching. A poor dad taught him the importance of saving for retirement, while a rich dad taught him to invest. He learned from both, and has chosen which he believes is more beneficial. Kiyosaki believes that the wealthy are those who have learned how to make money while working hard.

Despite his poor background, Kiyosaki was determined to make money. He spent his childhood dreaming of wealth and dreamed of becoming wealthy. He was jealous of the rich kids at school, and felt left out. Fortunately, Kiyosaki found a mentor in his best friend’s father. The rich dad wanted to teach his son how to earn money. They agreed to work for him, if he learned how to make it. At first, they were offered simple jobs at small supermarkets. However, the work wasn’t enjoyable, and Kiyosaki lasted only a few weeks.

Robert Kiyosaki’s father’s influence on the book

Robert Kiyosaki was born in Hawaii in 1947, and his father was a Japanese-American. After graduating from Hilo High School, he joined the Marine Corps and served in the Vietnam War, earning an Air Medal for bravery. After the war, he was jobless and enrolled in an MBA program, but dropped out after just three days to attend a three-day real estate investing course.

In the book, Robert Kiyosaki describes the influence his father had on him. His father was a successful businessman, and he learned to make money from his own experiences. While working at the same job as his father, Kiyosaki kept an open mind and looked for opportunities. At age seven, he began to dream about being rich and successful. He also began starting small businesses.

Kiyosaki’s father modeled the principles of entrepreneurship. His dad was a school dropout, but he later became one of Hawaii’s wealthiest men. He believed in getting a good education, but he viewed schooling as a means to wealth, not a destination. He taught his son to invest money wisely and become financially independent. His father’s influence is evident throughout the book, and it can make a difference in one’s life.

Robert Kiyosaki’s advice in the book

The first step in applying Robert Kiyosaki’s advice is to understand your financial situation. Robert was in his mid-twenties when he went to work for Xerox. He was surrounded by people who were more educated than he was and would talk about promotions and raises. He also heard about the rising deductions for taxes. This was enough to motivate Robert to make a career change and work harder.

As a child, Robert Kiyosaki started reading about money and finances. His fathers, one of whom had a Ph.D., the other who had not finished eighth grade, both struggled with money. Robert was also constantly comparing himself to his fathers. Both of them were struggling to make ends meet and both had financial problems early in their career.

Kiyosaki teaches a new way of thinking about money. He emphasizes understanding how money works and why it matters. This is a major shift from the traditional employee mentality.

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