Best known as the author of Rich Dad Poor Dad—the #1 personal finance book of all time—Robert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. He is an entrepreneur, educator, and investor who believes that each of us has the power to makes changes in our lives, take control of our financial future, and live the rich life we deserve.
With perspectives on money and investing that often contradict conventional wisdom, Robert has earned an international reputation for straight talk, irreverence, and courage and has become a passionate and outspoken advocate for financial education.
Robert’s most recent books—Why the Rich Are Getting Richer and More Important Than Money—were published in the spring of this year to mark the 20th Anniversary of the 1997 release of Rich Dad Poor Dad. That book and its messages, viewed around the world as a classic in the personal finance arena, have stood the test of time. Why the Rich Are Getting Richer, released two decades after the international blockbuster bestseller Rich Dad Poor Dad, is positioned as Rich Dad Graduate School. Robert has also co-authored two books with Donald Trump, prior to his successful bid for the White House and election as President of the United States.
Ok not even two minutes into this I like this video and am also am appauled by the reaction of the this young girl when Robert says "Or idiot like me" and this stupid girl goes: "Exactly". Its very obvious he wants to make a point and make her feel agreeable but Robert is not an idiot even though he said it himself. He said it because he wants to make the shithead make feel better and she goes validifies that yes he is an idiot. Shame. Okay going to watch the rest of it, just hoping her stupidity stops right here.
I dont get it. How do you ay with debt? do you just get a credit card and put no money on it and still buy things with it? if youre in debt the govt will take your stuff and youll end up in jail or dead
I know you can just say that the evidence speaks for itself, but I want to know why you think it's more important to live owing the bank vs live off of what comes in and reuse it wisely to gain more income. Maybe I don't understand how debt and tax system work together to out compete the income and tax system... Maybe there's a certain point where it becomes profitable..? I just don't see why someone would lean on the banks so heavy, it generates the income to them and they're the richest of the rich... they invest the proceeds to direct money in and out so to me it seems like you are saying "don't work for the man, work for the bank" not "work for yourself".
Easy to say easy when you are a magnate due to previously having had some big STARTING CAPITAL and good business relations to help you invest to win and not to lose. I mean it is very hard to apply what he tells us when you have no starting RESERVES (cash). If Trump is now successful he owns everything to his father. He now can easily say he did everything he's got but he knows behind the scenes he didn't.
This video is Good Because he gets to the point and it's understandable. This is the first video of his that I am watching. I'll continue to see if he sets me in the right direction.
Some videos are dreams and scams that want money up front and they are so hard to make money from that you give up.
The one person I can assure you that is a loser is the guy who did the video work for you. Its a simple green screen job and they manged to make your cheeks transparent. If anything else, fire that dude.
I have a question: in his book he says there is a big difference between starting when you’re 20 as opposed to starting when you’re 30. My question is, how much harder is it for over 30 year olds? Sure, less time for over 30 year olds to make mistakes and recover, but has anyone else followed these principles after 30 and been equally successful? When are you caught in the gap of been not too young but not too old? I mean at the end of the day, escaping the rat race is always the best option regardless.
How do you learn a business if you never been in the business? OJT on the Job Training? Sure I could run it I can run now, any fool can know the point is to understand. I have my own I want do out pocket once I show Gossett we can work something out, he likes selling for fun me too I love selling none has show me with wanting to control me I going little to get basic one step at time, Sure I can get rich faster but not until I know the Children of this world has fair chance of choice 😇🙏😍😘🌞🌏🌖🙌👹👺😂🤣
hmmm i wonder... if jobs are for losers and being a plumber is a job, I wonder who will fix Kiyosaki's toilet when it will get full of shit and get clogged, if the losers will stop being losers and quit their job...? Ah yes he will go on youtube and look up "how to fix a clogged toilet", but wait youtube doesn't work? hoooow? weell the losers that were employed to keep up servers and the interface running quit their jobs because they didn't want to be losers anymore... hmm that sounds nice, no one has jobs anymore but is financially educated in world without jobs...
Yeah great ideology but what happened when everyone becomes a Robert Kiyosaki? Who would be left to provide the cash flow in the economy? The rich people's economy only works because they need poor people to provide for them.
I agree with a lot of what he says, but not investing into a 401k is completely stupid. That is the #1 correlating factor for millionaires, is that they contribute to their 401k. Sorry but that is just the pure data and facts.
GETTING A JOB IS FOR LOSERS - that is not 100 percent correct you need to start from somewhere some people don't even work and are lazy as fuck the best thing is to do is get a job to pay bills and then have time for your sis hustle and when you manage to get our business going well that's when you quit your job you cant just do out nowhere you need to work and learn your ant just not work or quit your job listen to gary v
Everything he has thought there I learned in University. The only thing is that most students are so focused on getting a job and applying the knowledge they just acquired in someone else's business instead of really thinking about how to apply all this knowledge to their own life.
Secondly, you need CAPITAL and quite often if you don't have it from your parents, you NEED to work to ever get any Capital.
Lastly, phrases like "let your assets work for you" are completely wrong, your assets don't "work" for you or make you money, your employees are the ones doing that for you using your assets.
It's okay to be an employee, just think of yourself as a business of one and know your value. Also make sure you unionize so you can exert enough political pressure so the rules can be designed for you instead of always for the rich as he himself recognizes.
While I agree that a 9 to 5 job will never make you rich, I would like RK to be truthful about HOW many people get rich. Most of the rich American families have become rich through ILLEGAL means. FDR's forefathers dealt in the opium trade in China. The Kennedy family dealt in bootleg liquor. The Bush family money had some dubious origins. The Clintons dealt in pay to play kickbacks. Most music executives steal from their artists as well as the artists' mangers lawyers. that includes professionals sports stars. And how does RK also get rich? Aside from investments. how many books, seminars and such have people paid to get his advice. It's all a hustle and if people want to get rich they have to find their own hustle BUT the majority of the world wasn't meant to be rich and it's insulting to call people losers just bc they don't know how or want to be a hustler. Only losers call other people losers. Besides. it's the 9 to 5ers that keep the country going these days bc REMEMBER corporations don't pay taxes ANYMORE!!
Of course we know getting a job is for losers, of course we’re aware of the manipulated education system. It’s not easy getting to success, it’s a long battle that you fight with ALL of your strength, consistently. I want to own my own business one day, hopefully with my investments I can make that happen some time soon. Until then, I’ll have to be apart of the loser’s system.
I get it, but anyone can't just go into "real estate" and all theses stuffs in a snap of fingers. Everything is expensive, you have to start with something like ... working for someone to grow your capital/cashflow (even in the ratrace game that he invent, every player has a fixed job to start with !) for that you have to learn skills from school and then gain experiences at your work as an employee (you know, making a lot of mistakes and get yelled at :D)
The next step as he shows is to invest in assets instead of liabilities (or doodads) ... but you will likely struggle with your wife (married/divorce), children to support and in the same time put a lot of time and effort to learn how to invest because good investments are not easy ! you can have a flop and be in more debt than before. You have to find a good mentor to show you the ropes, they are not cheap (they can charge 1000 US $ an hour).
Mr. Kiyosaki, I have until the end of the month of January 2019 to buy a first time home or find someone who rents to 5 dogs owner. Is this possible for me? I work two jobs, recently got fired from a job I actually loved for 10 years. But now I work 2 jobs not so good credit I make just enough to pay my car note, cell bill, and minimum expenses to live.
the rich remain rich for so many reasons one of them is sacrifice and lack of fear to make more. i got lucky as a drop out in college. life wasn't really fair then ,i read news on stock trade forex in particular had to mortgage my inheritance and invested and today i have so much i didn't dream of all thanks to Donald Earl.
This dude inspired me to get a Real Estate license and start investing. I'm now a millionaire aiming to be a decamillionaire soon. Just started a YouTube channel to share the knowledge I have gained. TY Rich Dad!
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Bit of a bold and controversial title here, I guess nurses, firemen, police, military, shelf stackers, road workers, sewage operatives (etc etc) are all losers?? All the people who are paid to keep us and our environment safe and which the likes of you and Trump (who are really only good for selling houses, books and games) clearly take for granted. Furthermore, it is because of these so called "losers" that people like you can bask in luxury, don't ever forget that, assuming you even read your emails and comments to your videos..
Well do u hire workers, do you call those losers. It’s good to teach entrepreneurship but gotta watch what you say because hardworking employees makes your business grow. So maybe you should appreciating
+Hambardzum Galstyan thats probably bullsht, no one probably will, what will MOST likely happen is if the bank gets in trouble because of people like this, the tax payer will have to bail out the bank.........debt is actually pretty gross.
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