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
It's the investor who is risky, not the investment.
Success takes an investment in time, dedication, and sacrifice. This is true education. It is a process.
Any time an investment company has to spend heavily on advertising, it's probably a bad business in which to invest.
If the investor is uneducated, anything he or she invests in will be risky. So it's not the investment that is risky. It's the investor.
Once a person gains experience and a good reputation, it takes less and less money to create bigger and bigger investments.
An active investor is someone who actually lives off their investments as opposed to wages from a job.
As long as you have more cash flowing in than flowing out, your investment is a good investment.
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.
We live in a global community and we can't really remain isolated. I believe that when we hold a very narrow view about our attitudes of politics or culture or religion, then we cut out the opportunity to really engage with other points of view.