The Rich Dad Poor Dad book is a personal account of the author’s experiences with two fathers. One was his biological father and the other was his childhood best friend Mike’s father. As a result of this unique experience, I was able to learn from both fathers and their different approaches. Eventually, I learned which approach made more financial sense for me.
Rich Dad Poor Dad
Rich Dad Poor Dad is a book about financial independence written by Robert Kiyosaki. It is a powerful read that teaches how to become financially independent. The book is divided into ten chapters plus an introduction. In this review, we’ll focus on the first six chapters. Kiyosaki explains how to achieve this goal through a personal story and many examples.
During his early years, Robert Kiyosaki asked Mike’s father to show him how to earn money. After a few weeks of working for 10 cents a week, he found himself dissatisfied with his job and wanted to quit. His dad told him that many people quit their jobs because they are not paid enough to live comfortably.
While Kiyosaki is a prolific writer, Rich Dad Poor Dad is an introduction to his philosophy of financial literacy. Its basic principles have helped many people get started in real estate investment and network marketing. However, there are some areas where this book is lacking in detail.
“If you want to be rich, don’t go to school.” Those are the words Kiyosaki wrote in 1992, dedicating the book to his father, Ralph H. Kiyosaki, a former superintendent of schools in Hawaii. His father, an accomplished businessman, was also a mentor to the author. His first book, Rich Dad Poor Dad, was probably the most influential in his life.
Kiyosaki is no stranger to controversy. Despite being a best-selling author, Robert Kiyosaki has been accused of being homeless for years. Even though he’s boasted of selling over 26 million copies of his books, he won’t tell us how much he’s made in his other businesses.
Robert Kiyosaki’s books and educational materials have become the basis of hundreds of millionaires. Although Robert Kiyosaki’s advice isn’t cheap, it’s certainly more affordable than many other personal development experts. In his books, Kiyosaki emphasizes the importance of protecting your wealth, which is a recurring theme throughout his books.
Robert Kiyosaki’s father
Robert Kiyosaki, the author of Rich Dad Poor Dad, had two different types of “dads” when he was growing up. One was a Ph.D. who worked for the government. The other was an eighth grade dropout who struggled with money. Although the differences between the two fathers may seem slight, the lessons they shared are similar. Both were in a position to help their sons succeed, and their respective paths to financial success are worth reading.
When Robert was a boy, he spent his days in a job he disliked. It wasn’t a very exciting one, and he was bored with it. After two weeks, his father told him to demand a raise, at least 25 cents an hour. He also told him to quit the job if he didn’t get a raise. Ultimately, the rich dad agreed to teach his son the skills he needed to become successful.
Robert Kiyosaki’s father gave him $3,000 to buy a car, which was a great way to learn about the stock market. But he could only use that money indirectly, so he was forced to invest it in stocks instead. And then, he lost the money. He was determined to do better. In Rich Dad Poor Dad, Robert Kiyosaki’s father is one of his inspirations.
In Rich Dad Poor Dad, Robert Kiyosaki’s father is a businessman who teaches his son how to make money. He inherited the business from his father, who died in 1990. Kiyosaki took over the company in 1990 and paid his son ten cents an hour. However, after two weeks of work, he demanded a raise and quit. After the meeting with his rich father, he was forced to wait 60 minutes longer than he expected to.
Kiyosaki’s father told him that the secret to wealth is combining love and anger. People who are afraid of losing their jobs end up exploiting themselves. In a business, employees often feel disappointed when they receive their paychecks, especially after taxes. Kiyosaki himself learned about taxes when he was nine years old.
Kiyosaki’s father, Richard Kimi, was a real man. He was the inspiration for Kiyosaki’s book. He never wanted to build a massive hotel and instead wanted to cater to local residents and budget travelers. He also pioneered tools like fax and toll-free numbers for hotel reservations. In addition, he was one of the first to offer air, room, and car packages. His organization is currently run by his son, Alan.