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
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.
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.
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 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
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 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 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
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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
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3. Details
RICH DAD , POOR DAD
Author : Robert T. Kiyosaki
Publisher : Plata Publishing , LLC
Printed in USA
First Edition : 1997
Category : Economics
4. 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
5. “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
6. Salient Features
Financial Literacy
Concepts are explained using the
numbers , pictures and metaphors
Mantra to become rich
Informative + Inspiring
Down-to-earth
7. 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. “
8.
9. 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.
11. 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
12.
13. History Of Taxes & Power
Of Corporation
Robin Hood : Collect it from the rich and
give it to poor.
Learn to minimize the taxes.
14. 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
15. Work to Learn, Don’t Work for
Money
Learn skills like PR, Marketing and
advertising.
Take a second job if it means learning
more.
19. 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
20. 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.
21. • The power of self-discipline. The power of
good advice
22. The power of getting something for nothing.
The power of focus.
The power of myth.
The power of giving.
23. Think and take action.
Stop doing what you are doing.
Action beats inaction.
24. 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
25.
26. 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.