I realize some of you may or may not have heard of Robert Kiyosaki but the man is full of knowledge and wisdom. Through his various speaking engagements, books, and videos he shares very sound financial principals for becoming rich and/or building wealth. I wish more schools would start hiring successful business men and women like Robert Kiyosaki as teachers so teens can learn, understand and incorporate these financial principles earlier in life.
Who is Robert Kiyosaki?
“Robert Toru Kiyosaki (born April 8, 1947) is an American investor, businessman, self-help author, motivational speaker, financial literacy activist, and occasional financial commentator. Kiyosaki is perhaps best known for his Rich Dad Poor Dad series of motivational books and other material published under the Rich Dad brand. He has written over 15 books which have combined sales of over 26 million copies.”
Robert Kiyosaki’s Cashflow Quadrant Video
Here is one of Robert Kiyosaki’s most popular videos and a personal favorite of mine.
So what did you think of this Robert Kiyosaki video? Did it make sense to you? Can you understand now why your friends, family and coworkers ask for your help and support with their latest business venture? They are learning to become entrepreneurs through trial and error. Some of them will go on to run a successful incoming producing business.
Robert Kiyosaki’s Motivated Me To Start Real Estate Investing
I have everyone of Robert Kiyosaki’s books. I remember the very first time I read “Rich Dad Poor Dad.”Robert’s illustration of two men (i.e. “rich dad” and “poor dad”) and how they in turn influenced key decisions in his life got my attention. It really opened my eyes and I immediately took action to start building assets and create passive income streams.
I started buying investment property at below market value and renting them out. Check out how “Buying Investment Property Made Me A Millionaire” to see how I increased my net worth and developed multiple passive income streams from real estate investing.
Final Note On Robert Kiyosaki
I highly recommend that you add Mr. Kiyosaki’s books to your wealth reading list, especially if you are looking to increase your professional development. Start with “Rich Dad Poor Dad,” and “Rich Dad’s Cashflow Quadrant.” His books are easy to read and understand.
If you are NOT where you want to be FINANCIALLY, then start with changing your mindset!
Note: Robert Kiyosaki Filed For Bankruptcy Last Year
I realize some people unfamiliar with Robert Kiyosaki may Google his name only to discover that he recently filed for bankruptcy. Yes, this is in fact true. Mr. Kiyosaki filed for corporate bankruptcy through one of his companies, Rich Global LLC.
Here is what Forbes reported,
“The company had been weighed down by a lawsuit filed by Learning Annex, one of Kiyosaki’s earliest backers who had helped arrange his public speaking events earlier on.
Bill Zanker, the founder and president of Learning Annex, sued Kiyosaki after he allegedly failed to pay a percentage of profits from his speaking engagements. A district judge in New York awarded Learning Annex $23.7 million.”
But did you know Robert Kiyosaki’s net worth is still around $80 million? By filing bankruptcy for this company, he is protecting his personal and other business assets. [smart business move]
This is not the first time Robert Kiyosaki’s has filed for bankruptcy. He’s been bankrupt several times in the past. Obviously, he is not a quitter. He learns from his mistakes and failures and I personally believe that is why he is so successful!
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