Rich Dad Poor Dad books allowed me to take my passions and motivation and apply it towards the PROPER things. That has resulted in my success. The books alone won't change your life, you still have to WANT it more than anything else and must be willing to sacrifice for a short period of time before you start to build INCREDIBLE wealth.
Mr. Robert Kiyosaki has changed my mindset from Poor to Rich and my way of thinking from a Employee to Investor for that, I am very thankful to him. I really appreciate and respect him and his way of teachings to people like me.
RK is the OG! His book Changed the game for me! Now that I’ve had success and am nearly financially free, When people ask me where to start to get into real Estate Investing, I point them to RICH DAD POOR DAD.
I also need to start, now a days I feel like doing nothing, I need alone time now, I am surrounded by low Esteem people, small thinking people, I need to get outta here
Three types of incomes: 1. Earned income (taxed) 2. Portfolio (taxed) 3. Passive income (never taxed) Middle Class and poor people have never passive income. Their incomes are always under government control and are always taxed. While the rich people have multiple passive income which is never taxed. That's why rich people get richer and poor people get poorer. 💸 ❄️ 💸 ❄️ 💸 ❄️ 💸 ❄️ 💸 ❄️
so its mean that even though i have earned and portfolio income. i should still have real estate so that my tenant will be paying my taxes. does this means that government will not tax my earned and portfolio income? thanks for responding appreciate it
Thank you for your financial education Mr. Kiyosaki. It surely help us with managing our finances and how to set our mindset on how to become an entrepreneur.
*As a real estate investor, you have to be a leader. You will manage your agent, bank, contractor, gardner, painter, handyman, insurance agent, and others. You literally own the property and are responsible for it. Otherwise you will lose the place.* 😉
Passive Income Tom Technically I don’t want to own property. I want my businesses under a holding company under a trust to “own” my property. I do want to own control.
Hey Robert, let me start off by saying thank you, your wife, and all those who work with rich dad. For educating me and altering my point of view! Any how I've been wondering, why hasn't anyone created a bitcoin like platform backed with real gold and silver?
mark chojnowski Came across this a few weeks back. Not sure how accurate it is, so take it with a grain of salt. www.msn.com/en-us/money/video/chinas-secret-weapon-against-usd-is-a-gold-backed-crypto-currency-max-keiser/vi-AAJTytY Still interesting nonetheless.
because its all in the eye of the beholder... people, well some have become much smarter in realizing that metals are just metals. And realizing whom has most of the metals controls that market!
There is noo way we can compare both of them. Dan Lok is copywriter and B2B & B2C sales closer. A millionaire in his twenties. So I am So Robert Kiyosaki is a multi millionaire as well. Personal finance, business investor and others. I love both of them. I encourage you to learn from them and God will bless you with knowledge and skills. Regards,
"Selling" you gotta develop it......you started it with your crying when you were born.....now your story of your life tells how many persons care when you die...
I don'y understand, I have a question, in his book (which I have the audio version) he starts from cashflow to the product \, he says product is the las thing, but here he starts xplaining the B-I triangle from the product to cashflow, which way should I look at the B-I triangle, do i need cashflow first, (which logically, I cannot have cashflow yet because I am not selling anything) or do i focus on creating the product and go all the way down?
As far as I know, he gives an example with McDonald’s. He asked his audience "Who can cook a better burger than McDonald’s?". Many people raised their hands, but when he asked "Who can build a better system than McDonald’s?" and no one did. It means that your product doesn't have to be perfect or super unusual, but you need perfect system. Sorry for poor English.
I have always been interested in house flipping and keeping some along the way as Investments. I am not sure if that's the best way or just keep the properties.? And is it better to run under a business or keep them in your personal name? I am still in the homework stage at the moment and hope to be ready in the next 3 years. Wish I was ready now but not in the right financial place just yet. Anyone have advice for me please 🙂
hvm85 I have heard the same. “Big business” needs to be redefined, in this teaching, by more than one criteria. Maybe to include, “big business turns $1B+ a year in profits.” More & more small businesses are doing $1M+ in yearly sales.
He explains in Rich Dad Poor Dad that his plan of action toward becoming financially free actually made him a better employee because he was using his earned money to invest in assets (rather than liabilities). He encourages people in the book to keep their profession and do it well but “mind their own business” in order to build their wealth. So there’s no conflict there. Everyone starts somewhere and being an employee isn’t inherently bad. It’s just financially unwise to depend solely on a paycheck from an employer or the gov when you can be investing in assets and letting your “money work for you.”
Lostcreek 1 Have you played the game Cashflow 101? If you know that game (and CF 202) well enough you would know the answer to your question. You may still be able to sign up on RichDad.com and play it online. If you have an iPad2 there is a Cashflow 101 game app. You may find a cashflow club and/or REIA (Real Estate Investors Association) in your area. You can find the board game used for an inexpensive price (probably eBay). At this point in our economy, with the devaluation of the USD eminent, make sure that you hold physical precious metals and/or other tangible assets. You can have some stored at home (3 months expenses on hand to trade/barter/sell) and more stored in a holding vault. What kind of returns do REITs give? Subtract taxes, fees, and real inflation (you can calculate it from tracking the prices of consumables over the years). You will ALWAYS lose money if an investment cannot keep up with inflation. Most of the “investments” that brokers sell are a waste of time & effort. Learn from Kiyosaki. As a continual student, and a graduate of Rich Dad mentoring, I got 41.99% ROI on $2k (that was great for a broke college student). After you have precious metal holdings invest in your knowledge and learn to speed read. The national debt clock will only run so long and when the alarm goes off your bank accounts and traditional investments maybe frozen (meaning you can’t access them and financial institutions use those monies for a bail-in). In short, Kiyosaki says to invest in 3 asset classes: paper, businesses, and real estate. But there are prerequisites for those. The B-I triangle is great for examining assets to see if they are worthy.
@@HWandW Thanks for thoughtful comments, I have metal, land, stocks and liquid assets. I follow Buffet with having large cash reserve.. But I like to dollar cost average with on going investments,with my surplus monthly funds. NO debt.
On May 21st, my company received a revolutionary patent for new cancer treatment technology. We are looking for others to form a group management team to commercialize the patent.
I just got into rental property have one 3 brm 1.5 ba house and two lots on both sides of the house . I would like to know how to get out of the property
Did you buy the property or are you renting it from a landlord; what kind of contact did you sign? If you own it, you can sell it. If you’re under a lease or rental contact talk with management and see how you can get out. If you get someone to replace you (takes over your contact) that would be more likely to be successful.
$PLx Protalix Biotherapeutics Inc NYSEAMERICAN: PLX Come target their Shadow Banks and underwriters instead of chasing your tail That should be enough to give even The savvy it's a massive headache They have 10 times to float out with fake synthetic shares and the whole market's index now so you can actually Target this game artist instead of paying copies coffers to keep chasing his tail
![Habits That Can Make You Rich - Robert Kiyosaki [Millennial Money]](http://i.ytimg.com/vi/XFQMhdAUGOU/mqdefault.jpg)
![Habits That Can Make You Rich - Robert Kiyosaki [Millennial Money]](/img/tr.png)
Rich Dad Poor Dad books allowed me to take my passions and motivation and apply it towards the PROPER things. That has resulted in my success. The books alone won't change your life, you still have to WANT it more than anything else and must be willing to sacrifice for a short period of time before you start to build INCREDIBLE wealth.
Mr. Robert Kiyosaki has changed my mindset from Poor to Rich and my way of thinking from a Employee to Investor for that, I am very thankful to him. I really appreciate and respect him and his way of teachings to people like me.
Ur rich now?
RK is the OG! His book Changed the game for me! Now that I’ve had success and am nearly financially free, When people ask me where to start to get into real Estate Investing, I point them to RICH DAD POOR DAD.
I also need to start, now a days I feel like doing nothing, I need alone time now, I am surrounded by low Esteem people, small thinking people, I need to get outta here
Payed advertisment .
Thank you Robert Kiyosaki for providing videos on financial education for those who are interested in learning.
Really nejja ?
@@genuineazzholing304 embarrassing child
Three types of incomes:
1. Earned income (taxed)
2. Portfolio (taxed)
3. Passive income (never taxed)
Middle Class and poor people have never passive income. Their incomes are always under government control and are always taxed.
While the rich people have multiple passive income which is never taxed.
That's why rich people get richer and poor people get poorer.
💸 ❄️ 💸 ❄️ 💸 ❄️ 💸 ❄️ 💸 ❄️
Rez Taheri you forgot flipping..it’s something
Still great game, thanks 4 sharin
so its mean that even though i have earned and portfolio income. i should still have real estate so that my tenant will be paying my taxes. does this means that government will not tax my earned and portfolio income? thanks for responding appreciate it
Every body can try to do it
Many people have read Robert's book but missed the most crucial point. The thing that killed his poor dad was Communism.
passive income is taxed.
Thank you for your financial education Mr. Kiyosaki. It surely help us with managing our finances and how to set our mindset on how to become an entrepreneur.
*As a real estate investor, you have to be a leader. You will manage your agent, bank, contractor, gardner, painter, handyman, insurance agent, and others. You literally own the property and are responsible for it. Otherwise you will lose the place.* 😉
Passive Income Tom Technically I don’t want to own property. I want my businesses under a holding company under a trust to “own” my property. I do want to own control.
That's actually the job of a property manager
Best business teacher alive right now
Hey Robert, let me start off by saying thank you, your wife, and all those who work with rich dad. For educating me and altering my point of view! Any how I've been wondering, why hasn't anyone created a bitcoin like platform backed with real gold and silver?
mark chojnowski Came across this a few weeks back. Not sure how accurate it is, so take it with a grain of salt.
www.msn.com/en-us/money/video/chinas-secret-weapon-against-usd-is-a-gold-backed-crypto-currency-max-keiser/vi-AAJTytY
Still interesting nonetheless.
because its all in the eye of the beholder... people, well some have become much smarter in realizing that metals are just metals. And realizing whom has most of the metals controls that market!
Robert kiyosaki > Dan Lok
Who is Dan Lok
Eugene Tang A Cult leader.
Dan Lok is a salesman with a lot of good marketing.
Is this even a comparison?
There is noo way we can compare both of them.
Dan Lok is copywriter and B2B & B2C sales closer. A millionaire in his twenties. So I am
So Robert Kiyosaki is a multi millionaire as well. Personal finance, business investor and others.
I love both of them. I encourage you to learn from them and God will bless you with knowledge and skills.
Regards,
"Selling" you gotta develop it......you started it with your crying when you were born.....now your story of your life tells how many persons care when you die...
Thanks so much for the awesome video 🔥 This will definitely help me Become Wealthy and Improve my Finances!! Keep it up! 💯💯🙌
Always good information, would be awesome if schools taught this stuff.
Robert, i wish i could meet you one day. Thank you for all your educational sharing! You are costantly opening my mind! I'm Grateful.
Thanks for sharing all of your knowledge
thank you robert kiyosaki
I don'y understand, I have a question, in his book (which I have the audio version) he starts from cashflow to the product \, he says product is the las thing, but here he starts xplaining the B-I triangle from the product to cashflow, which way should I look at the B-I triangle, do i need cashflow first, (which logically, I cannot have cashflow yet because I am not selling anything) or do i focus on creating the product and go all the way down?
As far as I know, he gives an example with McDonald’s. He asked his audience "Who can cook a better burger than McDonald’s?". Many people raised their hands, but when he asked "Who can build a better system than McDonald’s?" and no one did. It means that your product doesn't have to be perfect or super unusual, but you need perfect system.
Sorry for poor English.
@@drsolomon6038 makes perfect sense
I never go back to employee again .. I had a business but its very limïted income but its okay businessman started from scratch
The views on this are going to go a long way
Great Im evolving into a real estate investor
start small and learn the game! It's a great game for wealth building
Thank you guys 🙏🔥
I have always been interested in house flipping and keeping some along the way as Investments. I am not sure if that's the best way or just keep the properties.? And is it better to run under a business or keep them in your personal name?
I am still in the homework stage at the moment and hope to be ready in the next 3 years. Wish I was ready now but not in the right financial place just yet. Anyone have advice for me please 🙂
Emily Smith Don’t do business in your personal name.
my Super Hero!
i love money and gold 24 loooovveeee
The world has changed, you can be a big business with less than 500 employees...
hvm85 I have heard the same. “Big business” needs to be redefined, in this teaching, by more than one criteria. Maybe to include, “big business turns $1B+ a year in profits.” More & more small businesses are doing $1M+ in yearly sales.
@@HWandW i agree. Big vs small business should be revenue driven.
Depends on your definition of big. Can Coca-Cola operate with just 500 personnel worldwide? Apple, chevron, shell, Louis Vuitton
Thank you Robert ♥️
Awesome! this will help us to grow our portfolio mgmt business .love from india!
these types of videos are the best ♥️
BIG RESPECT!
Public relations is 🎶🎶🎶🎶🎶
Thank you
I can't wait....
More power , Dad!
How do your employees in Rich Dad deal with the fact that you're always telling people not to be employees? Don't they feel conflicted?
He explains in Rich Dad Poor Dad that his plan of action toward becoming financially free actually made him a better employee because he was using his earned money to invest in assets (rather than liabilities). He encourages people in the book to keep their profession and do it well but “mind their own business” in order to build their wealth. So there’s no conflict there. Everyone starts somewhere and being an employee isn’t inherently bad. It’s just financially unwise to depend solely on a paycheck from an employer or the gov when you can be investing in assets and letting your “money work for you.”
Robert can you give us the good and bad of Peer to Peer lending. Thank you!
Thank you Sir
Great message!
Always be selling
My Holidays are my days off from work knowing I have one to go back to, other holidays are for children to celebrate, eh?....H.H.H.
How would you invest $750.00 monthly? REIT's?
Lostcreek 1 Have you played the game Cashflow 101? If you know that game (and CF 202) well enough you would know the answer to your question. You may still be able to sign up on RichDad.com and play it online. If you have an iPad2 there is a Cashflow 101 game app. You may find a cashflow club and/or REIA (Real Estate Investors Association) in your area. You can find the board game used for an inexpensive price (probably eBay).
At this point in our economy, with the devaluation of the USD eminent, make sure that you hold physical precious metals and/or other tangible assets. You can have some stored at home (3 months expenses on hand to trade/barter/sell) and more stored in a holding vault.
What kind of returns do REITs give? Subtract taxes, fees, and real inflation (you can calculate it from tracking the prices of consumables over the years). You will ALWAYS lose money if an investment cannot keep up with inflation. Most of the “investments” that brokers sell are a waste of time & effort. Learn from Kiyosaki. As a continual student, and a graduate of Rich Dad mentoring, I got 41.99% ROI on $2k (that was great for a broke college student).
After you have precious metal holdings invest in your knowledge and learn to speed read. The national debt clock will only run so long and when the alarm goes off your bank accounts and traditional investments maybe frozen (meaning you can’t access them and financial institutions use those monies for a bail-in). In short, Kiyosaki says to invest in 3 asset classes: paper, businesses, and real estate. But there are prerequisites for those. The B-I triangle is great for examining assets to see if they are worthy.
@@HWandW Thanks for thoughtful comments, I have metal, land, stocks and liquid assets. I follow Buffet with having large cash reserve.. But I like to dollar cost average with on going
investments,with my surplus monthly funds. NO debt.
On May 21st, my company received a revolutionary patent for new cancer treatment technology. We are looking for others to form a group management team to commercialize the patent.
The teaching of robert kiyosaki is based on using Debt to finance projects and minimizing taxes legally.
This formula is hard to apply in the underdeveloped and unstable countries due to high inflation and interest rates.
I just got into rental property have one 3 brm 1.5 ba house and two lots on both sides of the house . I would like to know how to get out of the property
Did you buy the property or are you renting it from a landlord; what kind of contact did you sign? If you own it, you can sell it. If you’re under a lease or rental contact talk with management and see how you can get out. If you get someone to replace you (takes over your contact) that would be more likely to be successful.
Hey if you still have that property id like to chat with you! Might have a solution(s)
As usual always love to kiyosaki family. Rahim from pakistan.
#PKMKB
Please to make subtitle indonesia in this chenal youtube
Nicely
What means PR?
Public relations
How a blogger, RUclipsr or freelancer can get tax reduction benefits like corporates are getting.
13:58
Robert's poor dad was killed by Communism.
And his mother was killed by corruption
@@TotalTech_ Go read his books.
@@goosecouple I have
I want subtitles because I am from India
My "bet noire" is selling.
mil
$PLx
Protalix Biotherapeutics Inc
NYSEAMERICAN: PLX
Come target their Shadow Banks and underwriters instead of chasing your tail
That should be enough to give even The savvy it's a massive headache
They have 10 times to float out with fake synthetic shares and the whole market's index now so you can actually Target this game artist instead of paying copies coffers to keep chasing his tail
This guy looks like Lito Lapid on the thumbnail. Haha
😂😂
Can I buy a book fake money in French language ?
If you can get a person to believe in artificial scarcity, you can also get them to make a whole series of bad AGREEMENTS.
Moussa Self Have you put together a video, a paper that counters all of these “bad arguments”? I’d read it!
You look younger.
9:58
hellooooo my monneeeyyyy
Robert, that shirt is not meant to be worn like that. Great content otherwise.
Why is he catching his breath after every sentence?
are you a team player??? seriously???? OMG this IS BS!!
somehow i think his system is BS
So enlighten us master🙏
Inventing conspiracies, writing books and organising seminars? Making money from stupid people and buying real estate?
Technically you are correct
@chief tp how do know.you can't say something without producing a valid prove
@chief tp wait a minute...so are you telling me that all the financial education his been teaching is also a crap
Sales is the number one skill? I'm selling you a Book? I think I am confused !
What do you mean
stating the obvious - this guy is a creep
@valuetainment
Thank you