Robert T. Kiyosaki’s book is a great read and one that is a must-read for every person. The author shares the experiences of his father, who was a poor dad himself and has since become a wealthy man. The author also explains his approach and gives examples that can be used as a guide. The book is well-written and based on personal experiences.
Robert T. Kiyosaki
In the book Rich Dad, Poor Father, Robert T. Kiyosaki explores the different philosophies of wealth and poverty, examining the similarities and differences between the two. He notes that a person’s wealth and poverty depend on his or her family background and explains how to build wealth quickly. Kiyosaki’s wealth lesson is not to be confused with business advice. It’s best to spend money on assets and pay off liabilities before building wealth.
The difference between a poor and a rich person is largely based on how we acquire knowledge. In school, most people get their education by reading books. But life is far more effective. In Rich Dad’s world, learning from his example made him successful. He was a self-made millionaire. He learned the value of money and the importance of financial education from his “rich” father, who had a rich dad.
Having two fathers has its benefits. The author was lucky to have two different fathers, one of whom earned multiple degrees, while his best friend’s father was a high school dropout. While he didn’t go to college, his dad left his son with a massive financial empire. Moreover, his book is a pro-capitalist stance.
Robert T. Kiyosaki’s father
When the author’s book Rich Dad Poor Dad first came out, there were some questions about the character of Rich-Dad. The author claims that his father was a real person, but in fact he is a composite character based on a number of people he’s worked with and has known. Kiyosaki says that his father was the best teacher he ever had, but the author also acknowledges that he never met him.
The book was a best seller, selling over 40 million copies worldwide. Kiyosaki’s father, a millionaire, is not the author. He worked closely with Sharon Lector, a real CPA, to write the book, and later on wrote it with the assistance of a team of writers. The authors later separated. As a result, the two authors’ writing style differs.
The author was fortunate to have two fathers. He contrasts the habits and views of the two men. In Rich Dad, Poor Dad, he attributes his financial wisdom to his father’s financial advice and the conversations he had with the rich dad. The book makes a strong point about financial planning and the importance of having a good education and working hard. The book contains plenty of examples that will help readers apply Kiyosaki’s ideas.
Robert Kiyosaki’s father
The father of Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad, was a real person. However, Kiyosaki kept this information confidential for 13 years. He cited a written agreement with his family to keep the subject anonymous. However, the general consensus is that Rich Dad is a fictional character made up of Kiyosaki’s own influences and imagination.
Kiyosaki’s father taught him that he should never specialize. It’s important to be knowledgeable in multiple fields. His father made sure that his son worked in different fields and attended various meetings so that he would be well-rounded. Despite his youth, he realized that he must follow his father’s footsteps and become rich. As a result, he spent several years learning how to become a multimillionaire.
Kiyosaki’s father had two different types of wealth. One had a Ph.D. while the other did not. The two men shared the same banker, yet the rich dad had an empire of restaurants, construction companies, warehouses, and a convenience store chain. Rich Dad was 6 feet tall, 200 pounds, and had a different education and upbringing than his poor father. The fathers’ respective financial backgrounds were also quite similar. The fathers had similar work ethic and values, but they had different approaches to money. Nonetheless, the fathers were both financially successful and gave a lot of money to charity.