Rich Dads Success Stories: Real Life
Success Stories from Real Life
People Who Followed the Rich Dad
Lessons by Sharon L. Lechter
Excellent Book, Nice Detailed Examples And Stories
This extraordinary collection of over two dozen business success stories
reveals firsthand how personal financial freedom can be generated by
applying the principles from the #1 New York Times bestseller Rich Dad
Poor Dad.Thousands of readers have gone on to greater wealth by
applying the Rich Dad philosophy since the series debuted in 1997. Now,
over two dozen people from diverse economic backgrounds reveal the
successful strategies they used to get out of the rat race, including couples
in their twenties, people whove lost their jobs, retirees, and budding
entrepreneurs. Some were living paycheck-to-paycheck before starting to
buy small rental properties; others climbed out of bankruptcy by slowly
investing in small, local businesses; and a 13-year-old bought his first

rental property after playing the Rich Dad board game, Cashflow 101. Now
they share their stories to help others achieve their financial success.
Personal Review: Rich Dads Success Stories: Real Life Success
Stories from Real Life People Who Followed the Rich Dad
Lessons by Sharon L. Lechter
I really enjoyed this book. So many stories and so much vital information.
This eliminates the excuses of "I'm too old" or "I'm too Young" or "I don't
have enough money" etc.
Procrastinators should read the story the 60-ish couple who realized that it
wasn't too late and they weren't too old.
Or the 9 year old who starting with $20 of borrowed money started her own
business. Yes, a 9 year old.
Or the 13 1/2 year old who bought his first residential property; a 3
bedroom 2 bath home. You read that right--a 13 1/2 year old!
I also enjoyed the story about the man who against the advice of his
brokers, took money from his IRA and other securities before the big stock
market crash in 2000 and invested it instead in real estate. Every economy
has at least one best investment. Buy & hold in stocks is a strategy that
has come and gone.
Although the emphasis is heavy on real estate, there are also many
business success stories as well. Today, everyone MUST own their own
business either as a full time career or part time supplementary income.
The tax benefits alone are worth it. Suggest you check out "The Perfect
Business" by Robert Kiyosaki.
Rich Dad Success Stories is a excellent book because it shows you people
who have done it and are doing it. Check out those other financial books
out there. Where are their success stories? Answer: There are none. Why"
Answer: There are no success stories. Most of those texts are just
regurgitating generic information and are written by people who are good
writers but low on experience.
Rich Dad's Success Stories is more than just ample proof that the Rich
Dad philosophy works and works well, it also shows you that there are
multiple ways to achieve financial freedom and obviously, thanks to
Kiyosaki many people are.
I would like to address MLM aka Network Marketing first as that seems to
be the most misunderstood and abused vehicle to achieve success. It has
been estimated that 4 out of 5 people fail in network marketing and
unfortunately some people who dislike network marketing embellish on
that.

The fact is that network marketing does work (just ask the 1 out of 5 who
make it) why do the other 4 fail? Could be a lot of reasons. One could be
choice of company. A bigger one in my opinion is lack of training and yet
another one is attitude; people let their negative friends and relatives
(sometimes called pukers) control their lives and decisions.
Kiyosaki openly endorses network marketing (and not just the soap
company--the industry as a whole) because it is the safest, low cost, low
risk way to start a business. Donald Trump said a few years ago in a tv
interview that if he lost it all and had to start over, he would enroll in a
network marketing company and go to work. Once again, check out
Kiyisaki's audio program "The Perfect Business."
Rich Dad Success Stories discusses many ways to make money. Most are
real estate. Others are business. They are people of various ages. The
book talks about a 12 year old who bought a rental property. It also talks
about a 50 something couple that started over fearing going into retirement
with nothing saved. They started a business and achieved incredible
success.
By the way, do you know one of the greatest success stories of all time
was Col. Sanders? Do you know how old he was when he started? 50?
59? 63? No he was 65 and broke. Got digusted at looking at his social
security check for $150 and went to work. He decided to sell his chicken
recipe and was turned down 1,009 times (how is for rejection MLM'ers!)
but never took no for an answer. The rest is history.
Rich Dad Success Stories shows real live examples of other Col Sanders.
Tremeendous success stories of people who are making it.
Good book. Highly recommended.
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