Some Quotes & Philosophies of the Great Robert Kiyosaki
One of the most pivotal books I ever read was “Rich Dad Poor Dad” by the one and only Robert Kiyosaki. He is an investor and understands how to accumulate wealth through passive income. He has done it and now goes around the world talking about how he does it. So, in this article, I will share with you some quotes and philosophies of the great Robert Kiyosaki.
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How I was Introduced to Robert Kiyosaki
I first was introduced to Kiyosaki by my chess friend and fellow investor Taurus Bailey. Taurus is a very well-known and well-respected lawyer from Memphis, Tennessee. But, Taurus also has many other hobbies including chess, martial arts, investing, and business. Taurus first sent me a video lecture by Robert Kiyosaki on how to become rich via passive income and by investing money into stocks, bonds, and real estate.
How the Book Changed my Career Path
After watching the video, I took a curious interest toward this figure, Robert Kiyosaki, and so began to do more research on him. I soon discovered how great he is and how he was able to leverage his understanding of money and become one of the most successful investors of all time. His book “Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!” is simply one of the most life-changing books I have ever read.
It completely opened my mind to all the possibilities in the world of business and how money actually works. I mean, this book was so influential for me, that I decided instead of going into a Master’s program in Psychology, I would instead peruse an MBA. I was so excited about learning more about business as a result of this one book!
What I am Presenting to You
I really do have to say that this one book totally changed the course of my career. Since this book I just continued to learn more and more about business and soon launched my first company, which was a chess and leadership coaching program. From there I got into digital marketing and now do that as a full-time profession.
So, in order help better understand his philosophies and some of his most famous quotes, I have decided to take this summary of Robert Kiyosaki’s philosophies from my friend and fellow entrepreneur P.j. Pahygiannis and share it with you in this blog post. I hope his philosophies and teachings will also have a positive effect in your education of how money and the economy works, as it has for me :)
Attitude = “Never say you cannot afford something. That is a poor man’s attitude. Ask HOW to afford it.”
Vision = “Vision, without the emotional strength to focus only lead to dreams, delusions, and hallucinations.”
Poverty = Your poverty today is because of who you are.
Virtues = Nothing major happens overnight.
Mentality = “The entitlement mentality in our upcoming generations is eroding the foundation that our country was built on.”
Education = United States Merchant Marine Academy
Dreams = It’s more important to grow your spirit that cut your dreams
Challenges = Challenges the over-reliance on school systems
Expectations = Always careful to lower expectations.
Peace Of Mind = Wealth is about having the peace of mind
Team = “The Rich Dad Advisors are a team of business, wealth creation and wealth protection experts assembled by Robert Kiyosaki.”
Risks = “Everyone can tell you the risk. An entrepreneur can see the reward.”
Uncertainty = Uses commodities as a hedge against uncertainty
Long Term Thinking = Watches the long–term trends
Commitment = “Commitment is essential to moving forward towards achieving one’s dreams.”
Think Big = “Think Big, Think Expansion”
Success = His first company was moderately successful, but eventually went bankrupt
Values = Advocates the value of games, particularly Monopoly
Creativity = Use creativity to find answers and solve problems.
Net Worth = $80 million
Fears = “French fries kill more people than guns and sharks, yet nobody’s afraid of French fries.”
Growth = “It’s more important to grow your income than cut your expenses. It’s more important to grow your spirit that cut your dreams.”
Learning = Financial freedom is available to those who learn about it and work for it.
Responsibility = “Take responsibility for your finances—or get used to taking orders for the rest of your life.”
Focus = ‘FOCUS – Follow One Course Until Successful’
Preparation = When preparation meets opportunity the result is success.
First Job = He sold copy machines for Xerox from 1974 until June 1978.
Strategy = “A winning strategy must include losing.”
Unachievable Goals = Dreams are not achievable without money.
Focus On Details = “Change Your Focus From Making Money To Serving More People.”
Niche In The Market Place = Creator of the bestseller― Rich Dad Poor Dad
My best advice to you would be to start by reading his book “Rich Dad Poor Dad.” What this will do is give you a very good understanding of how money works and how to start investing money for long-term and passive gains in wealth. Unless you have a very good understanding of how money works in the United States, no matter how much money you make, you will realize that you are constantly having to work to make that money.
Following Robert’s philosophies will actually teach you how to not work and still make money via passive revenue (for example, by investing in real estate). I hope this post helps a little. Let me know if you have any questions by commenting below.
Good luck! :)