Robert Kiyosaki
Robert Kiyosaki
Robert Toru Kiyosakiis an American businessman, investor, self-help author, educator, motivational speaker, financial literacy activist, financial commentator, and radio personality. Kiyosaki is the founder of the Rich Dad Company, a private financial education company that provides personal financial and business education to people through books, videos, games, seminars, blogs, coaching, and workshops. He is also the creator of the Cashflow board and software games to educate adults and children business and financial concepts...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth8 April 1947
CityHilo, HI
CountryUnited States of America
One of the reasons the rich get richer, the poor get poorer and the middle class struggles in debt is because the subject of money is taught at home, not at school.
The primary reason people seek job security is because that is what they are taught to seek, at home and at school..then with debt loads, they must cling even tighter to a job, or professional security, just to pay the bills.
It's not being homeless that matters. It's about who you are. Keep striving and you become somebody. Quit and you also become somebody.. but not the same person.
If you want to retire young and retire rich, it is very important that your money be like a bird dog, going out every day and bringing home more and more assets.
When you think about it, three of our biggest financial decisions in life are made at times of peak emotional excitement: deciding to get married, buying a home, and having kids.
The Web and new technology offer more opportunities to reach a world market at a lower price. Today, a person can start a business at home and reach the world market.
Many U.S. investors are already investing overseas rather than at home.
Bad debt is debt that makes you poorer. I count the mortgage on my home as bad debt, because I'm the one paying on it. Other forms of bad debt are car payments, credit card balances, or other consumer loans.
Every time the Fed implements 'quantitative easing,' a.k.a. printing more money, two things go up: taxes and inflation. When taxes and inflation go up, more jobs are lost.
At my lowest point, I was nearly $700,000 in debt.
At the height of the Enron mania, the company's market value was $65 billion. Once the dust cleared, the final value was $0.
I know how to make money. That's what I know. Not too many people know that, that well.
As one of my teachers, Buckminster Fuller, says, we were given a right foot and a left foot, not a right foot and a wrong foot. The point is that, there's always two points of view out there, and we need to increase our ability to allow another point of view. Then we have a better chance for peace.
I don't know why I am internally a violent person. I don't have the normal nerve endings most people do, which was very good for me as a pilot in Viet Nam. When most people are afraid, I'm actually quite excited about things. The more dangerous something is, the happier I am.