I have not heard of paying yourself first when payday arrives... I will do that from now on whilst thinking what else I could do to earn money! Many thanks for making this video!
Actually the comment or fact in the book stating that poor people are greedy is completely false. As the Executive Director of a nonprofit organization I can tell you that rich people are greedy and they donate the least money overall. It is those that have no business giving money away are the people that donate the most. And I have some friends that are directors of nonprofits and they have the same experience. Also, out of all the people that try to get something for nothing or try to scam my organization, it is the wealthy people not the average folk living paycheck to paycheck. So I’m not sure why the book’s author would believe that poor people are greedy, some of the greediest people I know are millionaires.
Executive of Non-Profit........... bwahahahaha Your comment and your friends in the same "business" ultimately couldn't manage to run a real business and yet complain about the rich..... simply pathetic
Love your videos! I would highly recommend reading the book that was written about the woman who burned herself with coffee from the burger chain. It changed my perception of the analogy we all use. Thanks for all your hard work on you videos to help educate the masses. Keep up the hard work.👍👍
Yeah, I came down here to make sure that there was at least a comment on this. For the information seeker, I don't like to leave misinformation out there. If I can help it. For those who pass through the essence of the situation was a little old lady who ended up with third degree burns across her crotch and had to have forms of reconstructive surgery. She initially asked for just enough money to cover the medical bills. McDonald's offered a Paltry, insulting sum, and when it went to court the jury awarded the woman 10 times what she asked for.
The best way to build wealth is to start at a young age. A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger is a great investing book for teens.
I would recommend that you research the details of McDonalds incident of the "boiling coffee", the manager knowling keep selling coffee knowing that the machine was malfunctioning and providing customers with boiling coffee. just like i have to responsibility of repairing water heaters and protect children from getting hurt.
The point Kiyasaki is making us that Stupid people who put hot (even if not boiling)coffee between their legs while driving and get burnt are the kind that are looking to blame others for their stupidity to get money. And they will go after small business owners who are just trying to get ahead.
The videos you make are pleasant to watch and often helpful. As for this book (which I realize you did not write): I'd rather be broke with my bills paid than have a pile of money and not paying what I'm obligated to pay. If someone sells me a product or service there is an automatic understanding that it will be in exchange for money. I would feel deceitful if I kept a pile of money while withholding what is due to others. I would not recommend this strategy to anyone. There is a lot of "chicken" in this book, but this is a bone I would spit out.
Your trying so hard to sound “self righteous” that You completely missed the entire point! 😆🤷🏽♂️… The underlying lesson of that story was not to dodge your bills, it was to force yourself to do what you are not doing (AKA think outside the box, get creative) or whatever else you have to do… to still pay those bills (as both the author and the video clearly showed). Most people who say they don’t have enough and are out of options, usually have countless options but either they are not thinking about it or unwilling to entertain such alternatives.
If I cannot have anything of value under my name, so to whom should I put my assets on? I bought a house with my older son. Ti whom should I put the house under.
you only need to solve ONE problem. for example decend electric cars. rockets that land themselves. a PC everyone wanted to use. the electric car starter. windshield wipers. sooo as with so many thinks kiysaki over simplifies to the extreme
1 Corinthians 15:1-4 KJV Bible [1] Moreover, brethren, I declare unto you the gospel which I preached unto you, which also ye have received, and wherein ye stand; [2] By which also ye are saved, if ye keep in memory what I preached unto you, unless ye have believed in vain. [3] For I delivered unto you first of all that which I also received, how that Christ died for our sins according to the scriptures; [4] And that he was buried, and that he rose again the third day according to the scriptures: Ephesians 2:8-9 KJV Bible [8] For by grace are ye saved through faith; and that not of yourselves: it is the gift of God: [9] Not of works, lest any man should boast. Romans 10:9-13 KJV Bible [9] That if thou shalt confess with thy mouth the Lord Jesus, and shalt believe in thine heart that God hath raised him from the dead, thou shalt be saved. [10] For with the heart man believeth unto righteousness; and with the mouth confession is made unto salvation. [11] For the scripture saith, Whosoever believeth on him shall not be ashamed. [12] For there is no difference between the Jew and the Greek: for the same Lord over all is rich unto all that call upon him. [13] For whosoever shall call upon the name of the Lord shall be saved. John 3:16 KJV Bible For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life. John 14:6 KJV Bible Jesus saith unto him, I am the way, the truth, and the life: no man cometh unto the Father, but by me.
Missed most important lesson. If you're a senior citizen like Kiosaki and find yourself still hustling, you have done everything wrong. He will never be happy or satisfied. He will never be the richest, smartest, or influential. He will only die with regret. Very sad. Don't fall for the hustle culture lie.
The "Betty" example showcased that very well. They were newlyweds struggling with money who hired a bookkeeper to add even more expense then proceeded to tell her that her experience/advice was shit. Doing there own expenses would have saved them some money and spend a little less time stressing about side gigs. An interesting watch but he has fake guru vibes. The type of guru that just makes up or links loosely associated ideas together and leaves it up to other people to take the risk finding out if it actually works or not. If this is a direct example from the book I would bet on it being one of those fictional "this person ignored my advice and is now penniless" ego-stroking stories
and you forgot that some people are passionate about what they do. Just because Robert Kiyosaki is still doing financial coaching doesn't mean he isn't satisfied or happy. What do you want him to be doing? Vacationing from Jan-Dec? Sit on the couch 24/7? That would be someone to death. People who stop doing anything in old age actually die faster because they feel they no longer have a purpose in life. "He will never be the richest, smartest, or influential." The world can only have one richest, influential, or smartest person at a time. And only a few people are in that category. Did he say he wanted to be the best in the world? That statement sounds more like a YOU problem and not Robert's. It seems that's what you define as success in this life!!
If you ask the people who live the lives most of us only dream of, these are the things they do. So you can watch, learn, and grow with them...or criticize and remain where you are...unless you have better advice which IS PROVEN to work where these don't...in that case do like he is doing and share.
You rock! Reason being for me is,I see a video that I really want to watch...but it's 2 and a half hours long!! This means I have to either multi task at home and get some of it, or sit for the whole thing and that is not going to happen on any day. To the other self help, motivational, visualvation, meditational, We can't be 100% focused for 2 and a half hours. If you really knew your stuff, You would Know This!!! Amen. I'm done.
You know there is an old saying where I come from that says: Well everyone thought you were smart… until you opened your mouth and started talking! 😆 Having valuable information condensed into a shorter story is nice… but forgetting that those with the valuable knowledge and experience, don’t actually owe you anything… Means that you should be willing to spend as much time as they will give you, listening to them and doing what they tell you to do! Your statements say much more about you than it does anything else! 1. Your attitude is toxic and likewise most of your life struggles and or shortcomings is directly linked to this truth. Until you learn to place a high value and respect on both the information/knowledge and time of others (especially those who you know are more successful than you and your hoping to get there help) you will not see much more personal improvement taking place in your life, no matter what you do… 2. Again your statement about not having enough time and or the mental capacity to spend 1-2 hours listening/learning from people who you know are very successful and have information that you actually desire but can’t or won’t focus long enough to get it… means you just informed everyone including yourself two of your biggest problems; Time Management and Self-Discipline (AKA the refusal to attack and improve your attention problem). If you keep doing what your doing; looking for “workarounds and or shortcuts to help you avoid getting these two issues resolved I promise you, there will be little to no improvement in your life and even if you do see some small improvements, it’s unlikely that you will be able to sustain it, long term
Passive doesn’t mean you can leave it alone and forget about it and expect it to keep making money. It means you don’t have to actively be doing something for the asset to make money. No matter what the passive income is, there’s always going to be some sort of maintenance to keep that asset efficient at making money.
Just so you know @littlebitbetter7 that there is nothing poping up at the end of the video(no suggestions of other videos to watch or that you recommendedus to watch).
![Your SECOND Chance to Build REAL Wealth - Robert Kiyosaki [DETAILED SUMMARY]](http://i.ytimg.com/vi/VdDYwgpCXio/mqdefault.jpg)
👉📕 Buy the book here: amzn.to/46LRKsM
I love you keep it up
I have not heard of paying yourself first when payday arrives... I will do that from now on whilst thinking what else I could do to earn money! Many thanks for making this video!
This is an insight that came from the book called “richest man in Babylon” it’s worth a read
I have been listening to your stories and I want to say how informative they are I appreciate you doing this because this is an eye opener
I love your English ,
My English is bad but I could understand every word you say.
Thank you
Actually the comment or fact in the book stating that poor people are greedy is completely false. As the Executive Director of a nonprofit organization I can tell you that rich people are greedy and they donate the least money overall. It is those that have no business giving money away are the people that donate the most. And I have some friends that are directors of nonprofits and they have the same experience.
Also, out of all the people that try to get something for nothing or try to scam my organization, it is the wealthy people not the average folk living paycheck to paycheck. So I’m not sure why the book’s author would believe that poor people are greedy, some of the greediest people I know are millionaires.
Executive of Non-Profit........... bwahahahaha
Your comment and your friends in the same "business" ultimately couldn't manage to run a real business and yet complain about the rich..... simply pathetic
Nice and valuable time to invest in this video
Love your videos!
I would highly recommend reading the book that was written about the woman who burned herself with coffee from the burger chain. It changed my perception of the analogy we all use.
Thanks for all your hard work on you videos to help educate the masses. Keep up the hard work.👍👍
Yes, there was a lot more to that situation than popular understanding realizes.
Yeah, I came down here to make sure that there was at least a comment on this. For the information seeker, I don't like to leave misinformation out there. If I can help it.
For those who pass through the essence of the situation was a little old lady who ended up with third degree burns across her crotch and had to have forms of reconstructive surgery. She initially asked for just enough money to cover the medical bills. McDonald's offered a Paltry, insulting sum, and when it went to court the jury awarded the woman 10 times what she asked for.
What is the book called?
The best channel ever. Thanks a lot.
These videos are so educative
Thank you so much for the food 🙏 my brain said it was delicious ❤️❤️
Solve problems, if you see the chance... Take action ASAP
Your video is excellent, could you please tell me the tool you produce the video ? I really like your drawing.
The best way to build wealth is to start at a young age. A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger is a great investing book for teens.
I would recommend that you research the details of McDonalds incident of the "boiling coffee", the manager knowling keep selling coffee knowing that the machine was malfunctioning and providing customers with boiling coffee. just like i have to responsibility of repairing water heaters and protect children from getting hurt.
I was just about to say this. To say these lawyers were "vultures" is quite the reach.
Pick a lesson instead....
I don't get it
Agreed, McDonald's burned so many customers in the 80s, that lawsuit needed to happen
The point Kiyasaki is making us that Stupid people who put hot (even if not boiling)coffee between their legs while driving and get burnt are the kind that are looking to blame others for their stupidity to get money. And they will go after small business owners who are just trying to get ahead.
Thanks a lot 💯🙏🙌 this was a learning session
Great video. I learned about on financial IQ and my financial IQ lack there of. Your channel is one of the best on RUclips. Thank you
Thank you
Wait so whos name do you put on the house llc
The hot coffee case was actually serious case
She deserved every penny she got and more. So sad she is used as an inaccurate example. People just assume the details of the case.
The videos you make are pleasant to watch and often helpful. As for this book (which I realize you did not write): I'd rather be broke with my bills paid than have a pile of money and not paying what I'm obligated to pay. If someone sells me a product or service there is an automatic understanding that it will be in exchange for money. I would feel deceitful if I kept a pile of money while withholding what is due to others. I would not recommend this strategy to anyone. There is a lot of "chicken" in this book, but this is a bone I would spit out.
True
Your trying so hard to sound “self righteous” that You completely missed the entire point! 😆🤷🏽♂️… The underlying lesson of that story was not to dodge your bills, it was to force yourself to do what you are not doing (AKA think outside the box, get creative) or whatever else you have to do… to still pay those bills (as both the author and the video clearly showed). Most people who say they don’t have enough and are out of options, usually have countless options but either they are not thinking about it or unwilling to entertain such alternatives.
Thank you so much for your videos. I learned so much from them.
I love your channel. These videos are always top notch. 👍
Awesome ❤ educative video ❤ nice sketch
28:19 🙏🏼✨🙏🏾 28:23
The the best way to sell, is to lower the price, the product ends up selling itself
hello love your videos can i re-share your videos and put the credits to your channel ? thanks
This is the best explaination
This is very helpful. Thank you.
Can you do one review for pitch any thing by Oren claff? Please
Thanks.
The coffee being too hot example was legitimate though. She got THIRD DEGREE BURNS FROM COFFEE.
Big Time Thank You for casting and shoring this video
Thanks!
You should have done more research on the McDonald’s event at your 15:00 mark
Your voice was really good
AI
You might want to read up more on that McDonald’s Coffee story. The lady was not a “predator”.
wonderful, I really enjoyed watching your video. The concepts of the book is described in a realy good manner.
Way too many ads
If you are going to use that McDonald's case, you need to educate yourself on what really happened
Elvin - Thank you for the honesty, you are a legend
If I cannot have anything of value under my name, so to whom should I put my assets on? I bought a house with my older son. Ti whom should I put the house under.
I can't block the BGM from the message.
It's 2x 3 notes in 4/4 time like water torture.
you only need to solve ONE problem. for example decend electric cars. rockets that land themselves. a PC everyone wanted to use. the electric car starter. windshield wipers. sooo as with so many thinks kiysaki over simplifies to the extreme
Betty is a G!
1 Corinthians 15:1-4
KJV Bible
[1] Moreover, brethren, I declare unto you the gospel which I preached unto you, which also ye have received, and wherein ye stand;
[2] By which also ye are saved, if ye keep in memory what I preached unto you, unless ye have believed in vain.
[3] For I delivered unto you first of all that which I also received, how that Christ died for our sins according to the scriptures;
[4] And that he was buried, and that he rose again the third day according to the scriptures:
Ephesians 2:8-9
KJV Bible
[8] For by grace are ye saved through faith; and that not of yourselves: it is the gift of God:
[9] Not of works, lest any man should boast.
Romans 10:9-13
KJV Bible
[9] That if thou shalt confess with thy mouth the Lord Jesus, and shalt believe in thine heart that God hath raised him from the dead, thou shalt be saved.
[10] For with the heart man believeth unto righteousness; and with the mouth confession is made unto salvation.
[11] For the scripture saith, Whosoever believeth on him shall not be ashamed.
[12] For there is no difference between the Jew and the Greek: for the same Lord over all is rich unto all that call upon him.
[13] For whosoever shall call upon the name of the Lord shall be saved.
John 3:16
KJV Bible
For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.
John 14:6
KJV Bible
Jesus saith unto him, I am the way, the truth, and the life: no man cometh unto the Father, but by me.
I’m ready to work together
Never !! Mr Marc durand will be financially rich by 40 years old I aspire for my son to be just as rich by 25 as well thank you alux
Missed most important lesson. If you're a senior citizen like Kiosaki and find yourself still hustling, you have done everything wrong. He will never be happy or satisfied. He will never be the richest, smartest, or influential. He will only die with regret. Very sad. Don't fall for the hustle culture lie.
The "Betty" example showcased that very well. They were newlyweds struggling with money who hired a bookkeeper to add even more expense then proceeded to tell her that her experience/advice was shit. Doing there own expenses would have saved them some money and spend a little less time stressing about side gigs. An interesting watch but he has fake guru vibes. The type of guru that just makes up or links loosely associated ideas together and leaves it up to other people to take the risk finding out if it actually works or not. If this is a direct example from the book I would bet on it being one of those fictional "this person ignored my advice and is now penniless" ego-stroking stories
and you forgot that some people are passionate about what they do. Just because Robert Kiyosaki is still doing financial coaching doesn't mean he isn't satisfied or happy. What do you want him to be doing? Vacationing from Jan-Dec? Sit on the couch 24/7? That would be someone to death. People who stop doing anything in old age actually die faster because they feel they no longer have a purpose in life. "He will never be the richest, smartest, or influential." The world can only have one richest, influential, or smartest person at a time. And only a few people are in that category. Did he say he wanted to be the best in the world? That statement sounds more like a YOU problem and not Robert's. It seems that's what you define as success in this life!!
If you ask the people who live the lives most of us only dream of, these are the things they do. So you can watch, learn, and grow with them...or criticize and remain where you are...unless you have better advice which IS PROVEN to work where these don't...in that case do like he is doing and share.
THANKS A LOT .
14.25
info
This is the Alux lady 😂
Is she??? She sounds like. 😂 👏🏿👏🏿
You rock! Reason being for me is,I see a video that I really want to watch...but it's 2 and a half hours long!! This means I have to either multi task at home and get some of it, or sit for the whole thing and that is not going to happen on any day. To the other self help, motivational, visualvation, meditational, We can't be 100% focused for 2 and a half hours. If you really knew your stuff, You would Know This!!! Amen. I'm done.
You know there is an old saying where I come from that says:
Well everyone thought you were smart… until you opened your mouth and started talking! 😆
Having valuable information condensed into a shorter story is nice… but forgetting that those with the valuable knowledge and experience, don’t actually owe you anything… Means that you should be willing to spend as much time as they will give you, listening to them and doing what they tell you to do! Your statements say much more about you than it does anything else!
1. Your attitude is toxic and likewise most of your life struggles and or shortcomings is directly linked to this truth. Until you learn to place a high value and respect on both the information/knowledge and time of others (especially those who you know are more successful than you and your hoping to get there help) you will not see much more personal improvement taking place in your life, no matter what you do…
2. Again your statement about not having enough time and or the mental capacity to spend 1-2 hours listening/learning from people who you know are very successful and have information that you actually desire but can’t or won’t focus long enough to get it… means you just informed everyone including yourself two of your biggest problems; Time Management and Self-Discipline (AKA the refusal to attack and improve your attention problem).
If you keep doing what your doing; looking for “workarounds and or shortcuts to help you avoid getting these two issues resolved I promise you, there will be little to no improvement in your life and even if you do see some small improvements, it’s unlikely that you will be able to sustain it, long term
Damn
real estate is not, and never has been passive. ask any real estate owner or investor if its a hands off siutation. therefore he is lying .
If you rent your property you get monthly rent . It's what passive this video meant
I would agree is not passive most of the time bc it needs to be maintained.
@@plantedmind with this analogy nothing is passive
@@cursorop1716lies
Passive doesn’t mean you can leave it alone and forget about it and expect it to keep making money. It means you don’t have to actively be doing something for the asset to make money. No matter what the passive income is, there’s always going to be some sort of maintenance to keep that asset efficient at making money.
😮
i hate the mcdonalds coffee lady example. that coffee was legit too hot.
Please stop the background music. Cannot concentrate
No background music on this video…… Soooo 🤷🏾♀️
@@jasminejames385 There is piano music through all of it
@@MrStratofish
The pianist is pretty good although they should have used a longer loop....imho
Your gorgeous, from your fellow sagittarius men
Merci !
Stopped at "taxes go to bureucrat". What bs.
I am become more and more well-informed with the information provided by this video. Thank you for informing how to get smarter with money!
Totally wrong about the lady who was badly burned by the coffee, get your facts strait , she was injured by store( company) negligence!!!!!!!
Just so you know @littlebitbetter7 that there is nothing poping up at the end of the video(no suggestions of other videos to watch or that you recommendedus to watch).