The document provides an overview and summaries of key chapters from the book "Rich Dad Poor Dad" by Robert Kiyosaki. It discusses 12 topics covered in the book including the author's profile, lessons on why the rich don't work for money and the importance of financial literacy, managing assets versus liabilities, the power of corporations, inventing money through risk-taking, working to learn rather than just for money, and takeaways from the book. The writing style of the author is described as simplifying complex concepts related to business, investing, and economics.
The book is largely based on Kiyosaki's upbringing and education in Hawaii. It highlights the different attitudes to money, work and life of two men (i.e. his titular "rich dad" and "poor dad"), and how they in turn influenced key decisions in Kiyosaki's life.The book is simply a must read for any aspiring entrepreneur.
The title Rich Dad, Poor Dad refers to the two main male influences that Robert had as a child. His own father, the figurative “poor dad,” worked at a steady job for a living, while the “rich dad” (the father of a friend) ran a multitude of businesses. Most of this book is told from the perspective of Robert learning from his “rich dad” about how to make money – and seeing how his “poor dad” made huge money mistakes. The first two thirds of the book covers six lessons taught to Robert by his rich dad.
The book is largely based on Kiyosaki's upbringing and education in Hawaii. It highlights the different attitudes to money, work and life of two men (i.e. his titular "rich dad" and "poor dad"), and how they in turn influenced key decisions in Kiyosaki's life.The book is simply a must read for any aspiring entrepreneur.
The title Rich Dad, Poor Dad refers to the two main male influences that Robert had as a child. His own father, the figurative “poor dad,” worked at a steady job for a living, while the “rich dad” (the father of a friend) ran a multitude of businesses. Most of this book is told from the perspective of Robert learning from his “rich dad” about how to make money – and seeing how his “poor dad” made huge money mistakes. The first two thirds of the book covers six lessons taught to Robert by his rich dad.
Rich Dad Poor Dad
By Robert Kiyosaki
It’s been almost a long time since Robert Kiyosaki’s Rich Dad Poor Dad originally caused a ripple effect in the Personal Finance field.
It has since become the Personal Finance book ever… converted into many dialects and sold all throughout the planet.
Rich Dad Poor Dad is Robert’s account of growing up with two fathers — his genuine dad and the dad of his closest companion, his rich father — and the manners by which the two men formed his considerations about cash and contributing. The book detonates the legend that you need to procure a top level salary to be rich and clarifies the contrast between working for cash and having your cash work for you.
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
Rich dad poor dad book a briefy summary. tells about how rich teaches their children about money that poor dad does not and also tells about savings and start ups
Rich Kid Smart Kid by Robert Kiyosaki ( Summary )Octavio Ochoa
Rich Kid Smart Kid. by Robert Kiyosaki.
Giving your Child a Financial head Start
This book is for parents who want to give their children valuable financial lessons which our educational system does not provide.
It may be the greatest gift of knowledge you can pass on to them, arming them with the business and money basics for a more secure future in an ever-changing economic environment.
There is no security in a 9-5 J.O.B we are in the information age.
Entrepreneurship is the solution to the employment crisis.
http://www.octavioochoa.com
In Rich Dad Poor Dad, Robert Kiyosaki summarises the lessons
learned from two different perspectives, that of a poor man, and that of a rich man. Drawing on his own experiences, Kiyosaki discusses how to create financial independence through investing, property ownership and building businesses.
Rich Dad Poor Dad
By Robert Kiyosaki
It’s been almost a long time since Robert Kiyosaki’s Rich Dad Poor Dad originally caused a ripple effect in the Personal Finance field.
It has since become the Personal Finance book ever… converted into many dialects and sold all throughout the planet.
Rich Dad Poor Dad is Robert’s account of growing up with two fathers — his genuine dad and the dad of his closest companion, his rich father — and the manners by which the two men formed his considerations about cash and contributing. The book detonates the legend that you need to procure a top level salary to be rich and clarifies the contrast between working for cash and having your cash work for you.
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
Rich dad poor dad book a briefy summary. tells about how rich teaches their children about money that poor dad does not and also tells about savings and start ups
Rich Kid Smart Kid by Robert Kiyosaki ( Summary )Octavio Ochoa
Rich Kid Smart Kid. by Robert Kiyosaki.
Giving your Child a Financial head Start
This book is for parents who want to give their children valuable financial lessons which our educational system does not provide.
It may be the greatest gift of knowledge you can pass on to them, arming them with the business and money basics for a more secure future in an ever-changing economic environment.
There is no security in a 9-5 J.O.B we are in the information age.
Entrepreneurship is the solution to the employment crisis.
http://www.octavioochoa.com
In Rich Dad Poor Dad, Robert Kiyosaki summarises the lessons
learned from two different perspectives, that of a poor man, and that of a rich man. Drawing on his own experiences, Kiyosaki discusses how to create financial independence through investing, property ownership and building businesses.
Education is about providing students with knowledge, and about giving tools to help them learn the best way they can. Just like our world, the classroom is diverse. It is diverse ethnically, spiritually, linguistically, and in many other differences. There are many ways teachers can accommodate their lesson plans for diverse learners. Our groups focused on students who may also be emergent bilingual or multilingual, and who may need accommodations. Our presentation will provide real life situations, an overall understanding of bilingual education, tips and statistics. Each slide will provide either an audio or video excerpt to further explain each topic.
#281 - Om finansiell intelligens & hantera istället för att undvika risk | Ri...Jan Bolmeson
Dagens avsnitt tar avstamp i Robert Kiyosakis bok "Rich Dad, Poor Dad" och diskuterar olika aspekterna som hör till finansiell kompetens, två typer av investerare, att köpa vs skapa investeringar, att hantera istället för att undvika risk och mycket mer.
Finansiell intelligens handlar om att sträva efter att öka sitt möjlighetsutrymme. Att ha så många alternativ som möjligt. Dvs att det handlar inte så mycket om vad som händer, men hur många olika sätt kan jag lösa det på. De flesta människor har bara en lösning på finansiella problem; jobba hårt, spara och låna pengar.
Kiyosaki resonerar sedan vidare att nyckeln handlar om vårt sätt att tänka. Att goda möjligheter ser man inte med ögonen, de ser man med hjälp av sitt tankesätt. De bygger på en kombination av de olika pelarna för finansiell intelligens som enligt honom är: kunskap om bokföring, färdigheten att investera, förståelse för marknader och kompetens inom juridik. Jag skulle i och för sig även lägga till självkännedom också.
Det i sin tur leder till hans uppdelning av två typer av investerare - de som köper färdigpaketerade investering (läs: t.ex. indexfonder) eller de investerare som skapar investeringar som andra köper. Metaforen han använder är skillnaden mellan en person som köper en färdig dator vs att bygga ihop en dator från de olika komponenterna.
I verkligheten så bygger man ihop en investering genom att 1) se något som de flesta har missat, 2) resa pengar och 3) ta hjälp av smarta människor. Att sätta ihop dessa investeringar kan skapa stora vinster men också leda till stora förluster.
Vi pratar även om att nyckeln är många gånger att hantera risk snarare än att undvika den. Att det ibland inte behövs mer teknisk kunskap utan mer mod. Samt att det inte handlar om att välja mellan sköldpaddan och haren, utan att vara sköldpaddan som långsamt men säkert kommer till sitt mål - men att från tid till annan unna sig ett skutt. Särskilt om det sker på ett tryggt och ansvarigt sätt.
Vi gör även lite reklam för RikaTillsammans-programmet 2023, vi tänker oss att det är ett något som vi gör tillsammans med dig under 12 månader. Det handlar om att skapa sig en livsplan bestående av tre delar, en emotionell del, en ekonomisk del och en finansiell del. Läs gärna mer nedan.
Tack för denna veckan och god jul!
Jan och Caroline
Länkar
====
RikaTillsammans-programmet (reklam):
https://rikatillsammans.se/programmet/
Forumet: https://rikatillsammans.se/forum/t/46711
Rich Dad Poor Dad by Robert Kiyosaki and Sharon Lechter is a book that came out in 1997 and focuses on the importance of financial literacy from an early age. Throughout the book, the author explains how a person can increase their wealth by investing in assets and by being smart with money.
Book Title— Rich Dad Poor Dad
Author— Robert Kiyosaki, Sharon Lechter
Date of Reading— February, 2023
Rating— 9/10
Table Of Contents
What Is Being Said In Detail
Introduction
Chapter One
Chapter Two – Lesson One: The Rich Don’t Work For Money
Chapter Three – Lesson Two: Why Teach Financial Literacy?
Chapter Four – Lesson Three: Mind Your Own Business
Chapter Five – Lesson Four: The History of Taxes and The Power of Corporations
Chapter Six – Lesson Five: The Rich Invent Money
Download The Ebook:Reading Books:The Ultimate Guide
Chapter Seven – Lesson Six: Work to Learn – Don’t Work for Money
Chapter Eight – Overcoming Obstacles
Chapter Nine – Getting Started
Chapter Ten – Still Want More? Here are Some To Do’s
Epilogue
Most Important Keywords, Sentences, Quotes
INTRODUCTION
Download The Ebook:Reading Books:The Ultimate Guide
CHAPTER ONE
CHAPTER TWO – Lesson One: The Rich Don’t Work For Money
CHAPTER THREE – Lesson Two: Why Teach Financial Literacy?
CHAPTER FOUR – Lesson Three: Mind Your Own Business
CHAPTER FIVE – Lesson Four: The History of Taxes and The Power of Corporations
CHAPTER SIX – Lesson Five: The Rich Invent Money
CHAPTER SEVEN – Lesson Six: Work to Learn – Don’t Work for Money
CHAPTER EIGHT – Overcoming Obstacles
CHAPTER NINE – Getting Started
CHAPTER TEN – Still Want More? Here are Some To Do’s
EPILOGUE
Book Review (Personal Opinion):
This Book Is For:
If You Want To Learn More
Download The Ebook:Reading Books:The Ultimate Guide
How I’ve Implemented The Ideas From The Book
One Small Actionable Step You Can Do
Download The Ebook:Reading Books:The Ultimate Guide
The problem of entrepreneurs is raising capital but raising is not only stategy but the Psychology.
There are 2 keys to success.
1. Startegy 20%
2. Psychology 80% (the Psychology of Raisinging Capital ) is what you want to Become Rich and successful.
3. Mindset of the success if not no matter how much you earn you will never never become Successful .
visit my website for more information www.sievsophalacademy.com and search for me in youtube SIEV SOPHAL.
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The Book in Three Sentences
Rich Dad Poor Dad is about Robert Kiyosaki and his two dads—his real father (poor dad) and the father of his best friend (rich dad)—and the ways in which both men shaped his thoughts about money and investing.
You don’t need to earn a high income to be rich.
Rich people make money work for them.
The Five Big Ideas
The poor and the middle-class work for money. The rich have money work for them.
It’s not how much money you make that matters. It’s how much money you keep.
Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.
Financial aptitude is what you do with the money once you make it, how you keep people from taking it from you, how to keep it longer, and how you make money work hard for you.
The single most powerful asset we all have is our minds.
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Rich Dad Poor Dad Lessons
Lesson 1: The Rich Don’t Work for Money
Lesson 2: Why Teach Financial Literacy?
Lesson 3: Mind Your Own Business
Lesson 4: The History of Taxes and The Power of Corporations
Lesson 5: The Rich Invent Money
Lesson 6: Work to Learn—Don’t Work for Money
Rich Dad Poor Dad Summary
“There is a difference between being poor and being broke. Broke is temporary. Poor is eternal.”
“Money comes and goes, but if you have the education about how money works, you gain power over it and can begin building wealth.”
“People’s lives are forever controlled by two emotions: fear and greed.”
“So many people say, ‘Oh, I’m not interested in money.’ Yet they’ll work at a job for eight hours a day.”
“Thinking that a job makes you secure is lying to yourself.”
“Intelligence solves problems and produces money.”
“You must know the difference between an asset and a liability and buy assets.”
An asset puts money in your pocket. A liability takes money out of your pocket.
“Illiteracy, both in words and numbers, is the foundation of financial struggle.”
“Money often makes obvious our tragic human flaws, putting a spotlight on what we don’t know.”
“Cash flow tells the story of how a person handles money.”
“Most people don’t understand why they struggle financially because they don’t understand cash flow.”
“The number-one expense for most people is taxes.”
Higher incomes cause higher taxes. This is known as “bracket creep.”
“More money seldom solves someone’s money problems.”
“The fear of being different prevents most people from seeking new ways to solve their problems.”
“A person can be highly educated, professionally successful, and financially illiterate.”
“Many financial problems are caused by trying to keep up with the Joneses.”
Once you understand the difference between assets and liabilities, concentrate your efforts on buying income-generating assets.
“The problem with simply working harder is that each of these three levels takes a greater share
#193 - Pengapsykologi - Del 2 av 3 | Diskussion utifrån Morgan Housels bokJan Bolmeson
Idag fortsätter vi diskussionen från förra veckan om pengar, beteende och psykologi. Avsnittet bygger helt och hållet på Morgan Housels bok "The Psychology of Money" som släpptes på svenska i februari. Avsnittet är fristående så du behöver inte ha sett det första (#192) för att hänga med.
Hela artikeln finns på:
https://rikatillsammans.se/pengapsykologi-del2
Patreon-communityn: https://www.patreon.com/rikatillsammans
Nyhetsbrevet: https://rikatillsammans.se/nyhetsbrev
Digital workshop: https://rikatillsammans.se/plus/?a=workshop
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
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Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
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2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
2. INDEX
1. AboutTheBook.
2. Author’sProfile.
3. The Rich Don’tWorkFor Money.
4. Why NeedFinancialLiteracy?
5. MindYour Own Business.
6. History OfTaxes &Power Of Corporation.
7. TheRich InventMoney.
8. WorktoLearn,Don’tWork for Money.
9. Learnings.
10. Why You Should ReadIt?
11. WhoShould ReadIt?
12. Author’sWritingStyle.
3. ABOUT THE BOOK
Title : Rich Dad, PoorDad
Author : Robert T. Kiyosaki
Sharon Lechter
Publication Year : 1997
Publisher : Warner Books ed.
Genre : Self-help, personal finance, entrepreneurship, business, investing, economics.
ISBN : 0-446-67745-0
4. AUTHOR’S PROFILE
ROBERT T. KIYOSAKI
RobertToru Kiyosaki (born April 8, 1947) is anAmerican businessman, investor,
educator and motivational speaker. Kiyosakiis the founder of the Rich Dad
Company, a private financialeducation company that provides personal finance
and business education to people through books, videos, games, seminars, blogs,
coaching, and workshops.He is also the creator of the Cashflowboard and
software games.
Kiyosakiis the author of more than26 books, includingthe international self-
published personal finance blockbuster RichDadPoor Dadseries of books which
hasbeen translated into 51 languages, availablein 109 countries and have
combined sales of over 27 million copies sold worldwide.
5. SHARON L. LECHTER
Sharon L. Lechter (born January12,1954) is an Americanaccountant, investor,
motivational speaker.Sharon Lechter is alsothe founder and CEO of Pay Your Family First,
a financial education organization.
In1997 Sharonco-authored the internationalbestseller Rich DadPoorDad, along with14
other books in theRichDad series andwasCEO ofthe RichDadcompany for over 10 years.
Lechter's financial literacyboardgame ThriveTimeforTeens, is a national awardwinner
including the GOLD Mom’s Choice Award,CreativeChildMagazine’s2010 Game of The
Year,Dr. Toy’s Best Vacation Product and a five-starratingfrom WTS Toy Reviews.Sharonis
recognizedgloballyas an expert onthetopics offinancial education for childrenand
entrepreneurship.
6. “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 T. Kiyosaki
8. • The poor and the middle class work for money. The rich have money
workfor them.
• Opportunities come and go. Being able to know whento make quick
decisions is an importantskill.
• The joy thatmoney brings is oftenshort-lived, and they soon need
more money formore joy, more pleasure, more comfort, and more
security.
9. • The maincause of poverty or financialstruggle isfear and
ignorance, not the economy or the government or the rich.
It’s self-inflictedfear andignorance thatkeep people trapped.
• What intensifies fearand desire is ignorance.
• It’s nothow much money you make. It’s how much money
you keep.
11. • If you wanttoberich, you needtobe financially literate.
• Accountingis possiblythemostconfusing,boring subject inthe
world,but if youwanttobe rich long-term,it could be the most
importantsubject.
• Intelligencesolvesproblems and produces money.
• Moneywithoutfinancialintelligenceis moneygonesoon.
12. • Rich peopleacquireassets.Thepoor and middleclass acquire liabilities
thatthey thinkare assets.
• An assetputs money in mypocket. Aliabilitytakesmoney out ofmy
pocket.
• Wealthis aperson’s abilitytosurvive somanynumberor days forward-or,
if Istoppedworking today, how longcouldI survive?
• Wealthis themeasureofthecash flowfromthe assetcolumnwith the
expensecolumn.
14. • Start mindingyour ownbusiness.Keepyour daytime
job,but start buyingreal assets, not liabilitiesor
personal effects that have no real value once youget
them home.
• Here, MindYourOwnBusiness, means to buildand
keep yourasset columnstrong.
15. • Keepexpenses low,reduce liabilities,anddiligently
builda base of solidassets.
• A true luxuryis a reward for investing inand
developinga real asset.
16. What Are Real Assets??
• Business thatdo not require your presence.
• Stocks, Bonds.
• Income-generatingrealestate.
• Royalties from intellectualproperty and patents.
• Anything elsethathas value, produces income orappreciates, and
has a ready market.
18. • Robert’s rich dad justplayed the game smart, and he did it through
corporations-the biggestsecret of therich.
• The rich created thecorporation as a vehicle to limittheir risk to the
assets of each voyage.
• It is theknowledgeof the legal corporate structure thatreally gives
the rich a vast advantageover the poor and themiddleclass.
19. • The income-tax rate of a corporation is less thanthe individual income-tax
rates.
• Every time people try to punish the rich, the rich don’t simply comply. They
react. They have the money, power, and intent to change things. They don’t
just sit there and voluntarily pay more taxes. Instead, they search for ways to
minimize their taxburden.
• With money comes great power thatrequires the right knowledge to keep it
and make it multiply.
• If you work for money, you give the power to your employer. If money works
for you, you keep the power and control it.
20.
21. • Financial intelligenceis simply having more options.
• Sowhy wouldyou want to increase yourfinancial
intelligence? Because youwant to bethe kindof
person who creates your own luck. Youtake whatever
happensand make it better.
Financial Intelligence
23. • Oftenin thereal world, it’s not thesmart who get ahead, butthe bold.
• We allhave tremendous potential,and we allare blessed with gifts.
Yet the one thing thatholds all of us back is some degree of self-
doubt.
• Financialgeniusrequires both technicalknowledge as well as
courage. If fear is too strong, the geniusis suppressed.
24. • Today, wealth is in information. And theperson who has themost
timelyinformationowns the wealth.
• Old ideas are thebiggest liability.
• Rich people are oftencreative and takecalculated risks.
• It was excessive fear and self-doubtthatwere the greatestdetractors
of personal genius.
26. • Job security meant everything toRobert’s educated dad. Learning
meanteverything to his rich dad.
• Robert recommend to youngpeople to seek work for whatthey
will learn, more than what they will earn.
• Look down the road at whatskills theywantto acquire before
choosinga specific profession and before getting trapped in the Rat
Race.
27. • Educationismore valuablethanmoney, in the longrun.
• Life is much like going to the gym. The most painfulpart is
decidingto go. Once you get pastthat, it’s easy.
• Jobis an acronym for “Just Over Broke.”
28. The Main Management Skills needed For
Success Are:
1. Management of cash flow.
2. Management of systems.
3. Management of people.
29. Learnings
• Those who want to get rich should know the differencebetween
assets and liabilities. And should focus to acquire more and more
RealAssets.
• Educationis more valuable thanmoney- in long run.
• Failure inspire Winners & Failure defeat Losers.
• Winners are not afraid of losing.
• Keepyour expenses low and reduce your liabilities.
30. Learnings (cont…)
• One shouldwork to learn something,not only toearn money.
• Great opportunitiesare notseen with your eyes. They are
seen withyour mind.
• Most people never get wealthysimplybecause they are not
trainedfinanciallyto recognize opportunities rightin frontof
them.
31. The single most powerful asset we all
have is our mind. If it is trained well, it
can create enormous wealth seemingly
instantaneously. An untrained mind can
also create extreme poverty that can
crush a family for generations.
By : Robert T. Kiyosaki
32. Why One Should Read ?
• Broaden your vision.
• Redefineyour views about money.
• How to start and runa company.
• In short , if youreally have dreams to touch the sky ,
this bookis highlyrecommended.
33. Who Should Read It?
• Thisbook hasvery good amountof materialfacts and
informationfor every person irrespective of his age,
financialstatus.
• Those who want toget rich should read this bookonce
in hislifetime and shouldimplement it.
34. Author’s Writing Style
• Kiyosakiis known forsimplifyingcomplexconcepts and ideas relatedto
business,investing,finance,and economics.
• He hasgarneredan internationalreputationforhis straighttalk,
irreverence, courage,and views on moneyand investing thatoften
contradictsconventional financialadvice.
• Kiyosakibelievesthatthe worldneeds moreentrepreneurs tocreatejobs
tospur economicgrowth andsolve pressingworld issues.
• Much ofhis teachingsand views encouragepeopletobecomefinancially
educatedand totakean activerolein investingfor theirfinancialfuture
