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
A job is a short term solution to a long term problem
As long as you blame someone or something else - something outside you that's bigger than you are - as the source of your problems, the problems won't get solved.
Education is more valuable than money, in the long run.
People don't like the idea of thinking long term. Many are desperately seeking short term answers because they have money problems to be solved today.
Being prepared for a job is a good idea for the short term, but it is not enough for the long term.
What are you doing this weekend to improve your financial situation? Sacrifice made today goes a long way for a better tomorrow.
My rich dad taught me to focus on passive income and spend my time acquiring the assets that provide passive or long term residual income...passive income from capital gains, dividends, residual income from business, rental income from real estate, and royalties.
As long as you have more cash flowing in than flowing out, your investment is a good investment.
If you are the kind of person who is waiting for the 'right' thing to happen, you might wait for a long time. It's like waiting for all the traffic lights to be green for five miles before starting the trip.
The minute a Wall Street firm purchases your debt, your bank no longer has it on its financial statement, which then allows the bank to look for more credit card customers. That's one reason why you get so many credit card offers.
I resigned from the Marine Corps and flying in 1974, even though I loved them both. I quit because I no longer wanted to fight for peace. Instead, I believe we can build a more sustainable peace by working for prosperity.
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.