If you’re planning to buy a copy of Rich Dad Poor Dad, it is important to understand the motivation behind the book. The author Robert Kiyosaki aims to help readers build their confidence by giving them tips that have helped him become successful in his own business. His advice focuses on mastering your emotions and avoiding doubts when investing in real estate.
Mastering your emotions
When reading Rich Dad Poor Dad, it is essential to understand how to control your emotions. The authors of the book say that most people are trapped by two emotions: fear and desire. Both can derail our thinking processes, and they may even lead to poor decisions. But by choosing your thoughts, you can combat these emotions and focus on solutions to your financial problems.
Mastering your emotions is an essential skill to have in order to build your best life. It is one of the most powerful skills you can learn. Moreover, it is essential for nurturing relationships. It will also prevent you from experiencing the same feelings repeatedly. In addition to learning to control your emotions, you can also learn to understand when your emotions are affecting your relationships.
To master your emotions while reading Rich Dad Poor Dad, it is important to realize that you must separate your career from your profession. Robert Kiyosaki states in the third chapter of the book that most people confuse profession and business. But he was not a businessman, and he didn’t want readers to confuse their business career with their profession. As such, he wrote his book for motivational purposes, and not as expert financial advice.
The book begins with an introduction. The book then goes on to cover the first six lessons of Rich Dad Poor Dad. The author’s real father had a very similar work ethic to his own, and both of them valued education and an understanding of how money works. In spite of his lack of education, Kiyosaki became a millionaire in only a few years. Moreover, his dad had dropped out of eighth grade!
Avoiding doubts when investing in real estate
Having doubts about a real estate investment can be a serious problem. It can cause you to lose money, if you’re not careful. To avoid doubts, you should look at the big picture before making a decision. Avoid blindly trusting just anyone, because it could end up costing you dearly in the long run. Instead, seek the advice of a lawyer, real estate agent, or other professional who has experience in the field.
Robert Kiyosaki’s father
If you’re familiar with Robert Kiyosaki’s book Rich Dad, Poor Dad, you’ve likely heard of his father’s experiences with money. His father, a Ph.D. who went to college for two years, was the richest person in Hawaii. Kiyosaki compared his own father’s experience with money to that of his own father. Both fathers struggled with money at a young age, but one ended up being the richest man in Hawaii.
The wealthy father he met in Rich Dad, Poor Dad told his sons to follow his example. Robert had to learn about the importance of hard work and he had to work hard for it. He spent his money on new things and didn’t save and invest it. Meanwhile, his sons’ father was saving and investing his money.
As Kiyosaki writes, “Rich Dad Poor Dad” is a parable about his father, who made money from entrepreneurship. Kiyosaki’s dad is a wealthy entrepreneur, whose wealth was earned through savvy investing.
Although Kiyosaki stayed anonymous for 13 years, his family has asked him to remain anonymous. However, he has said that Rich Dad is not actually real. His father is a composite character made up of his own influences.