This book is about financial literacy and the differences between how the rich and poor view and handle money. It discusses how the rich acquire assets that generate income, while the poor and middle class focus on liabilities that cost money. The book recommends starting a business rather than just having a job, learning to see opportunities that others miss, using corporations to reduce taxes, and continually learning in order to build wealth over time. The key message is that one should work to learn rather than just for money and focus on building an asset column rather than being stuck in a paycheck mindset.
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 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 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
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.
Financial blueprints of the RICH differ from the POOR, according to T. Harv Eker in his book "Secrets of the Millionaire Mind". Here are the 17 Differences between the mindset and actions of the RICH vs the POOR.
Wong Yew Yip
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
The presentation talks about the very famous book written by the famous author Robert kiyosaki, it talks about how to actually spend money in a smart sensible manner rather than buying anything which will act as a liability. It clearly distinguishes between assets and liability.
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
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
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.
Financial blueprints of the RICH differ from the POOR, according to T. Harv Eker in his book "Secrets of the Millionaire Mind". Here are the 17 Differences between the mindset and actions of the RICH vs the POOR.
Wong Yew Yip
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
The presentation talks about the very famous book written by the famous author Robert kiyosaki, it talks about how to actually spend money in a smart sensible manner rather than buying anything which will act as a liability. It clearly distinguishes between assets and liability.
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 .
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Rich Dad Poor Dad is about Robert Kiyosaki (author) 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. The book explodes the myth that you do not need to earn a high income to become rich.
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
This prentation is about money and how to create wealth. It teaches you how to cure an empty pocket and makes known to you the proven principles of wealth creation.
These could be some of the innovation in consumer durable category. I chose two products contact lenses and a cellphone and have showed major break through in the past 10 years of each products. On the basis of that I've projected some more ideas which could be beneficial in the near Future. Enjoy some hi-tech gadgets.
Presentation on Archetype.
There are 12 types of Archetype. Among those I chose Outlaw as my archetype.Archetypes are often used in myths and storytelling across different cultures.So,Using these archetypes to build strong BRANDS.
If you were a brand which archetype would tell your story?
Enjoy this Presentation on a totally unique Topic..
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!
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2. This book is dedicated to all parents e
a child’s most important teache
3. Robert T. Kiyoski
An American investor,
businessman, self-help author,
motivational speaker, financial
literacy activist, and occasional
financial commentator.
Kiyosaki is also an active real
estate investor. A large portion of
his wealth is concentrated within
real estate investing.
Have been on number one on the
top 10 best-seller lists
simultaneously on The Wall
Street Journal, USA Today and
4. Table Of Contents
There is a
Need
LESSONS
Chapter One Rich
Dad,Poor Dad
Chapter Two The Rich
Don’t Work for
money
Chapter Three Why Teach
Financial
Literacy?
Chapter Four Mind Your
Own Business
Chapter Five The History
of Taxes and
the power of
6. There Is a Need
The “RAT RACE”- the birth of
another hardworking
generation
You, Accountant and Banker–
stuck in the same traffic jam.
Each child needs more
education-Different Education
and Different set of rules.
Importance of financial and
communication skills .
Rich Dad, Poor Dad
8. Rich Dad, Poor Dad
“The Lack of money is root “The Love of money is root
Of all evil.” Of all evil.”
How can I afford it? I Can’t afford it.
Study hard so you can Study hard so that you can
find a good company to find a good company to
buy. work for.
Learn To Manage Risks When it comes to money,
Play it safe, don’t take risks.
Money works for me. I Work for money.
Simply created investments. Struggled to save dollars.
Rich Dad, Poor Dad
9. The Road Finally Take
“Two roads diverged in a
wood , and
I took the one less
travelled by,
And that has made all the
difference”
-
Robert Frost
11. The Rich Don’t Work For Money
Life is the best teacher of all.
The poor and the middle class work for
money ,the rich have money to work
for them.
Avoiding one of life's biggest traps –
fear and greed.
School not the end but the beginning.
Ignorance about money causes so
much greed and so much fear.
Seeing what others missed.
Rich Dad, Poor Dad
13. Why teach Financial Literacy?
The rich acquire assets, while
the poor and the middle class
acquire liabilities, which they
think are assets.
Assets are things that create a
cash flow.
Liabilities are things that result
in expenses.
Being Rich vs. Being Wealthy
How long can you survive
without ever having to work?
Rich Dad, Poor Dad
15. Mind Your Business
People confuse their profession
with their business.
Ray Kroc is a salesman by
profession but is in the Business
of Real Estate.
When you do a job, you work for
everyone except yourself.
Rich Dad, Poor Dad
17. History of Taxes and The power
of corporations.
Taxes were invented to ‘penalize’ the
rich.
But taxes end up hurting the middle
class more.
The rich use corporations to save on
their tax liability.
Individuals pay tax first and then get to
spend their income.
Corporations spend first and pay taxes
later.
Corporations also protect you from
lawsuits.
Rich Dad, Poor Dad
19. The Rich Invent Money
You invent your own luck.
Just like luck, money should also
be invented.
Always try to plant seeds in your
asset column.
Intelligent people are those who
work with or hire people more
intelligent than them.
Invest in what you love or what
your interest is.
Rich Dad, Poor Dad
21. Work To Learn, Not for Money.
You never stop learning.
Knowledge is power supreme.
You should know a little about a
lot.
Most people work only because
of the paycheck, not because
they get to learn.
First Specialize, Then Unionize.
Rich Dad, Poor Dad
24. 10 Steps For Success
Find a reason greater than reality
Choose Daily
Choose Friends Wisely
Master a Formula and then learn a new one
Pay Yourself First
Pay your brokers well
Be an “Indian Giver”
Assets buy Luxuries
The Need for Heroes
Teach and you shall Receive.
Rich Dad, Poor Dad