Rich Dad Poor Dad was written by Robert Kiyosaki. Kiyosaki notes in chapter three of the book that people tend to confuse business with profession, so he wrote the book as motivational reading, not as expert financial advice. However, there are several things you need to consider before you start reading Rich Dad Poor Dad.
Robert Kiyosaki, author of Rich Dad Poor Dad, grew up in Hawaii. He went to an elementary school with a large percentage of wealthy students. The rich kids were all invited to parties, while he was left out. Kiyosaki grew up thinking that he was too poor to attend parties, and has since spent his life trying to prove himself worthy of invitations.
Robert Kiyosaki is a financial expert. He began learning about money when he was nine years old. Growing up in Hawaii, he was middle-class, and often felt left out by his richer peers. At age nine, he teamed up with a friend, Mike, to learn about making money. They asked their dads for advice.
Kiyosaki’s financial success has been credited to persistence. Despite numerous setbacks, he never gave up. This determination led him to finally make a breakthrough. Kiyosaki says that to build wealth, one must have the ability to let money work for you.
Rich Dad Poor Dad is one of the best-selling books on personal finance, with readers ranging from teenagers to senior citizens. The story is based on Robert Kiyosaki’s experiences growing up with two dads. The rich dad’s advice focuses on establishing an income that can grow over time. The poor dad, on the other hand, recommends investing in assets that earn money. Kiyosaki also encourages independence and financial literacy.
Robert Kiyosaki’s father
Robert Kiyosaki’s father, who was the subject of the book Rich Dad Poor Dad, had two very different fathers. The first was a college graduate who completed his undergraduate degree in two years, while the other did not finish the eighth grade. The latter father struggled with money, while the first was the richest man in Hawaii. Kiyosaki compares these two fathers often in the book, and they do seem to have quite different approaches to money and business.
Rich Dad, as Robert Kiyosaki calls him in the book, was a Stanford-educated Ph.D. who followed traditional career thinking. The other dad, Richard, was not wealthy and went into business. He owns a number of institutions and businesses, as well as a small house filled with money.
Robert Kiyosaki’s father taught his son not to specialize in one field but to get a general education and work in different areas. He taught his son to go to different meetings and try out various types of jobs. His father hoped that by doing so, he would be able to learn every aspect of the business, and that he would eventually be able to run a successful empire.
The father said that it was vital for boys to understand the importance of financial literacy. While he believed that more money is better, he also knew that it was not enough. Many people are still working in jobs they hate and are paid too little. Rich dad believed it was important for boys to be aware of these facts in order to make better decisions and avoid debt and a miserable life.
The father in Rich Dad Poor Dad was very influential in Kiyosaki’s early journey to learn about money. He taught his son that if he did not make money, he would not be rich. He even taught him to get a job at a small supermarket. The first few jobs he had were not so lucrative and he had to wait 60 minutes to see the rich dad.
Kiyosaki’s father in the book “Rich Dad, Poor Dad” gave him advice that was contradictory. His father was a successful entrepreneur who had a stern personality. His father in the book taught him a number of valuable lessons and he followed them. As a result, the book has become one of the best-selling books in the world.