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
Ephemeralization means the ability to do everything with nothing, or leverage, or doing more with less. So, as a businessman, I'm constantly ephemeralizing, figuring out how I can do more and more for less and less.
People, who live below their means, save for a rainy day - the price is a cheap life. There are a lot of people who have a lot of money; but at the end of the process, they are still cheap; so they have made money their God.
I mean, Hawaii is beautiful, but the world is full of beautiful places.
Rich dad went on to explain that the world was filled with different types of entrepreneurs. There are entrepreneurs who are big and small, rich and poor, honest and crooked, for-profit and not-for-profit, saint and sinner, small town and international, and successes and failures. He said, "The word entrepreneur is a big word and it means different things to different people."
Giving honest and well-intended feedback is often confused with being mean. It's not mean; it's nice.
"Why is the creative entrepreneur the riskiest type to be?" I asked. "Because being creative means you are often a pioneer. It is easy to copy a successful and proven product. It is also less risky. If you learn to innovate, create, or invent your way to success, you are an entrepreneur creating new value rather than an entrepreneur who wins by copying."
If you took all of my money away, I would have it right back. I don't really care about money. I mean I do but why worry about it because I can make my own money all the time.
Rich dad has taught me "You can't do it" doesn't necessarily mean "you can't". It more often means "they can't".
Enjoy the time you have with your friends & family. That doesn't mean spend money you don't have on them. It means enjoy your time with them.
Saying that financial literacy means diversification is just another example of the fox teaching the chickens.
A high income job, a big house, nice cars, and lavish vacations don't mean you are rich, in fact it could mean exactly opposite
Real estate investing, even on a very small scale, remains a tried and true means of building an individual's cash flow and wealth.
If you are not successful, that means you're not making enough mistakes.
When I was a kid, there were no credit cards. Instead, retailers offered layaway plans. My mom would go to a store, such as a furniture outlet, choose the sofa she wanted, and put it on layaway. That meant she put a little money down to hold the sofa, and every payday she'd pay a little toward the purchase.