Robert Kiyosaki – Rich Dad Review, Poor Dad

Have you ever heard of a man named Robert Kiyosaki? I came across your best seller Rich Dad Poor Dad about 5 years ago, and let me tell you, it has inspired me in a way that I never thought was possible. Statements like “the poor and the middle class work for their money, while the rich have their money, it works for them” and “their home is a liability, not an asset”, have been etched in my mind forever.

Kiyosaki is a fourth generation American of Japanese descent. He served as a gunboat pilot in the Marine Corps in the Vietnam War. His financial career began when he accepted a job at Xerox Corporation as a commissioned salesperson. During this time, Robert began his career as a real estate investor. Soon after, he started his first business, which consisted of manufacturing nylon and velcro wallets abroad and selling them around the world. Kiyosaki now runs a very profitable educational company called Cashflow Technologies Inc. that produces financial educational products such as games, books, CDs, and seminars.

Kiyosaki’s biological father, whom he describes as his “poor father,” was a former Hawaiian state education president, who achieved his excellence with good grades at Stanford University. Kiyosaki has always labeled his father a “poor father” due to his financial mindset. On the other end of the spectrum was his “rich dad”, who was actually the father of Kiyosaki’s best friend growing up. He was a very wise man who owned warehouses, a construction company, a chain of stores, and three restaurants. Accomplishing all of this with just an eighth grade education. Kiyosaki’s “rich dad” felt that staying informed in changing times was crucial, when it came to finances, it just didn’t make sense to use the mindset of the industrial age in the information age, which we all live in today.

This book, along with all of Kiyosaki’s, has many different values ​​about money. I consider Rich Dad Poor Dad a must read. Kiyosaki does a fantastic job of “idiot proofing” his lessons, simplifying his financial strategies in a way that is hard NOT to understand. Kiyosaki claims that his main reason for “Rich dad, poor dad” was to financially educate all citizens who are not as fortunate as he is to have a “rich dad” who inspires him to grow up. Kiyosaki feels that the current educational system in North America is training children to be economically incompetent.

Robert believes that the internet is the most powerful marketing tool on planet earth, and if he were to start his career again, he would start an internet marketing company because of the powerful influence that technology has given us. With minimal upfront cost, it is possible for anyone with an internet connection to generate substantial amounts of wealth in today’s age. Every day more people achieve financial freedom using the same Kiyosaki principles.