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Rich dad poor dad presentation

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Rich dad poor dad book presentation. tells about how rich teaches their children about money that poor dad does not and also tells about savings and start ups

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Rich dad poor dad presentation

  1. 1. RICH DAD POOR DAD PRESENTED BY- T.KRUSHI KUMAR ROLL NO-109 SECTION-C
  2. 2. Details RICH DAD , POOR DAD Author : Robert T. Kiyosaki Publisher : Plata Publishing , LLC Printed in USA First Edition : 1997 Category : Economics
  3. 3. Author : Robert T. Kiyosaki Robert Toru Kiyosaki (born April 8, 1947) is an Japanese American investor, business man, self- help author, motivational speaker, financial literacy activist, and occasional financial commentator
  4. 4. “Having two dads offered me the choice of contrasting points of view : one of a rich man and one of a poor man” by- Robert Kiyosaki
  5. 5. Salient Features  Financial Literacy  Concepts are explained using the numbers , pictures and metaphors  Mantra to become rich  Informative + Inspiring  Down-to-earth
  6. 6. CONTRAST POOR DAD  Get job in good company  “ The love of money is the root of all evil.”  I can’t afford it  Play safe  Works for money RICH DAD  Create or buy a company  “ The lack of money is the root of all evil.”  How can I afford it ?  Learn to manage risks  Money works for him “There is difference between being poor and being broke . Broke is temporary , poor is eternal. “
  7. 7. Why Teach Financial Literacy? It is not important how much money you make , it is how much money you keep. Understand the difference between assets and liability.
  8. 8. Financial Statement
  9. 9. MIND YOUR OWN BUSINESS Financial struggle is often the result of people working all their life for someone else. Owner or shareholders of the company. Government Banks
  10. 10. History Of Taxes & Power Of Corporation Robin Hood : Collect it from the rich and give it to poor. Learn to minimize the taxes.
  11. 11. The Rich Invent Money  Make Good Use of Time  Identify an opportunity Everyone else missed Two Types of investors: 1.Buyers of packaged Investments 2.The PROFESSIONAL Investor
  12. 12. Work to Learn, Don’t Work for Money  Learn skills like PR, Marketing and advertising.  Take a second job if it means learning more.
  13. 13. Overcoming Obstacles Five Obstacles to Financial Independence 1. Fear 2. Cynicism 3. Laziness 4. Bad Habits 5. Arrogance
  14. 14. 10 steps to awaken your financial genius: The power of spirit. The power of choice. Greatness is not a function of circumstance. Greatness , it turns out , is largely a matter of conscious choice
  15. 15.  The power of association.  “A man only learns in two ways, one by reading, and the other by association with smarter people.” -by Will Rogers.  The power of learning quickly.  “He is most original who adapts from the most sources.” -by John Adair.
  16. 16. • The power of self-discipline. The power of good advice
  17. 17.  The power of getting something for nothing.  The power of focus.  The power of myth.  The power of giving.
  18. 18.  Think and take action.  Stop doing what you are doing.  Action beats inaction.
  19. 19. Why you should read ?  Broaden your vision  Redefine your views about money  How to start and run a company  In short , if you really have dreams to touch the sky , this book is highly recommended
  20. 20. CONCLUSION Not everyone seems pleased with the rather blunt way Robert Kiyosaki explains these money making principles in his book, and I partially agree. However, there is much knowledge to be gained if you are able to look past that layer.

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