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Robert T Kiyosaki

 

Robert T Kiyosaki is an acclaimed motivational author, businessman, and investor. He is best known for his #1 New York Times best seller book Rich Dad Poor Dad.

He was born as Robert Toru Kiyosaki on April 8, 1947 in Hilo, Hawaii to a family of dedicated educators. After high school Robert moved to New York where he completed his education. Robert T Kiyosaki proceeded to join the U.S. Marine corps and served proudly in Vietnam as a helicopter gunship pilot.

Robert T Kiyosaki returned to his wife Kim after Vietnam and began working as a sales executive for the Xerox Company. In 1985 Kiyosaki founded a business and investment education company that taught to a large number of students throughout the world.

Since the Success of Rich Dad Poor Dad Robert T Kiyosaki has started his most promising business venture, CASH FLOW Technologies, Inc. His company is based around the sales of his literary products and CASH Flow game products.

Robert T Kiyosaki teaches his main philosophy of generating a passive income through real estate and small business ventures. He advocates high risk investments as the path to wealth and discourages investment in securities and mutual funds.

Although he has had great success as a motivational author and speaker much of his financial advice has been highly criticized and in some cases deemed dangerous.

For instance Robert T Kiyosaki has said that’s its better to stick with a few good investments rather than diversifying or investing in a 401k. At the same time he has been quoted in articles giving inaccurate financial advice. In response to his criticism Robert T Kiyosaki has stated that his materials are designed to motivate people to think differently about money not give them a step by step guide to wealth.

Furthermore he is constantly criticized for exaggerating facts in his materials. His own success as a businessman and investor prior to the Rich Dad Poor Dad phenomenon is always questioned. Even the existence of the “Rich Dad” in his book has never been factually verified.

Overall Robert T Kiyosaki’s financial advice is best served to those that have money but have not begun investing. For someone whose own financial knowledge is questionable Kiyosaki offers risky and potentially disastrous strategies, and to people that have little experience investing.

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Customer Reviews for 'Robert T Kiyosaki'

Comments to date: 32. Page 1 of 1. Average Rating:

T.Jones   New Orleans, L.A

11:44pm on Friday, October 9th, 2009 

Kiyosaki's book really opened my eyes. But, it also made me think that maybe his book was written for those who are already rich and just don't know how to invest in their money.

Chris Wilkins   Australia

9:24am on Monday, October 5th, 2009 

Kiyosaki is absolutely not a sound financial adviser. He is like the man who made a fortune writing a book called, "how to make a fortune".

If you want check out a different perspective, and not take my word for it, then go to Youtube and search for "Kiyosaki before the books,"

and make up your own mind. If you then want to throw your money at him, good luck.

Funnily enough, years ago he used to tell people the best book to read on financial matters is called, "The Richest Man in Babylon" by Richard Clayson. Funny how he doesn't mention that anymore. I guess you can't charge thousands a head for that advice.

Steve Crusie   New Orleans

12:21pm on Wednesday, July 29th, 2009 

Two of my friends, one an engineer and the other a computer scientist, are hard-core Kiyosaki proponents. They have read several of his books and implemented the "strategies" Mr. Kiyosaki suggests. I actually have an advanced accounting degree with an emphasis on portfolio management and recommended they avoid following any strategies set out in the books. Alas, Mr. Kiyosaki is famous and I am not, so they did not heed my advice. The engineer has lost $20,000 and counting and the computer scientist now owns 2 properties that he can not find tenants for. Fortunately, they both make good incomes and can absorb these losses. While I'm sure Mr. Kiyosaki would congratulate them on their failures, the bottom line is that you can not make millions on passive investments unless you do it over many many years or start with millions. Of course, this maxim holds true with just about any investment strategy. The math just isn't there to take out huge loans and turn it into huge profits.

paolo   japan

7:06pm on Wednesday, June 17th, 2009 

Reading criticism about RK works, I have realized one thing in common, they all pointed out about his background. I just don't get it???
I only read one of his book, RICH DAD POOR DAD. Honestly, it changes everything, my perception in life. I don't care if rich dad really exist or not or if he failed in his business before. I think most of his critics is trying so hard to miss the message of the book..
RICH dad may be a fiction or he may have failed in business, but it does not lessen the idea that the book is GREAT! AMAZING!
RICH DAD POOR DAD is not a step-by-step tool in getting rich (go to your nearest Do-It-Yourself store if you want one) but, more on as an eye-opener, motivational book in order to be rich(I didn't choose the word SUCCESSFUL because their different, RICH pertains to money, while SUCCESS pertains to one's goal).
The main idea of the book is "FINANCIAL INTELLIGENCE", learning the tools/skills you'll need to be financially FREE! The book didn't say invest in real estate or do this and do that. He said he loved real estate and stocks that is why he chose that as his vehicles, but he advised that it is for you to decide what you want, in order for you to Love what you are doing. If you went broke, at least you learned something from the things you loved doing, and hopefully having that experienced to strengthen your foundation.

I have been in restaurant before but it didn’t succeed, but, I am glad I tried it not because I lose money but because I learned new things that I may/may not use in my future investment. There are tools we will be needing to be financially free, just like in school. We studied everything that we think will help us finding a job after we left college, but in reality only few of those what we study will be used. This is the same thing in business, we tried to learn everything in order for us to be equip in challenges that we might encounter. I knew the risk involved in dwelling into a restaurant, but i will never learned the things I've learned experiencing it firsthand, just by reading books..

The risk will always be there, everything we do there is a risk. Even just being an employee, there is a risk of being fired or being lay-off. Same with the business, it is just the worth the risk if you want to be rich and you love the game. Money will come and go, but, it is how you handle your money that will matter at the end..

The guides in the book are great, I used most of it but not everything. I also do something in my own that I think will help me strengthen my financial intelligence. In the book, GUIDES ARE GUIDES, it is for you if you follow, it is your chose how you think will help you strengthen the foundation of your intellectual..

These are just my opinions, I would be glad to hear yours, if any..godbless to all

Lloyd   Singapore

6:52am on Thursday, May 14th, 2009 

i think it's the level of understanding a person gets from reading the book. i don't really give a damn about who and what his business is, if the very facts he wrote in the book's credibility. Even if it's fictional, i must say, he's hell of a story teller that got me financially free. I'm 23 and i'm retired happily having 2-3g a month without working.

i've read his first book rich dad poor dad not over a day, a week or a month. i've read it over a year.. each time i read i took time to digest, find out the possibility of achieving what's spoken in the book. i believe people out there being nasty to Robert by blaming the economy crisis on him as though it was his to bear.

freaking irresponsible debtors and probably everysingle on of us here are to blame for it, let's be real, nothing last forever, let's be religious, do you think God would allow us to enjoy paradise this early when all humans these days are nastier than ever?? go think people.

i think it's a good book, it made me think, acted and achieve some form of leverage in life so right now i can pursue other dreams. i dunno how the whole america or the whole world thinks about robert but to me his a great man trying to share little ways for little people who dreams big.

for people who are skeptical about his books take time to read it again and again. people who are professionals, please be humble, stripe off ur ranks and profession and read the book again with appreciation.

aight.. peace and may the economy returns to it's former glory.. god bless.. amen..

Philip   Denver, CO

1:36pm on Wednesday, April 29th, 2009 

Just because you can sell books, does NOT necessarily mean you have anything worth saying...

Kiyosaki pushes books with a lot of feel-good platitudes that sound great, but are really no more meaningful than the basic Hallmark greeting card. Telling people that "The poor work for their money, while the rich have their money work for them" may sound good, but is fairly inane without a real road map.

Make no mistake, the world got into this mess by people taking out loans that they were both unqualified for and completely unable to pay back. Kiyosaki's advice of "Become a real estate investor" without real training only encourages this irresponsibility.

I've known several people who have joined Kiyosaki's cult. NONE have made any real money. Connection perhaps?

J.P. De Asis   Manila, Phil

10:07am on Saturday, April 4th, 2009 

Mr. kiyosaki is a genius!, i'm an avid fan of Mr. kiyosaki. He has a talent to explain complicated "Financial jargons" into simpler ones. He is an eye opener. He taught us to see with the use of our minds in order to attain financial freedom.

Steve Henry   Chicago area

4:43pm on Saturday, March 21st, 2009 

Robert Kiyosaki is one of they best if not the best financial teachers of the 21st century. I have learned more from just one of Robert's books (Rich Dad/Poor Dad)then I've ever learned about wealth or becoming wealthy in my whole life. If just 7 out of 10 people picked up just one of Roberts books,and that includes the US Government, this country would not be in the financial mess it is in right now.

Jen   Modesto

10:52pm on Wednesday, March 11th, 2009 

I read Robert's book Rich dad poor dad and recommend it to everyone. This book just open up your eyes to reality the reality many of us are too afraid to admit to ourselves. I like this book and i'm planning on reading all of them.

Laura Saueracker   Edmonton, AB

11:45am on Monday, March 9th, 2009 

I have read most of Kiyosaki's materials, found his books to be inspirational, played the game, all to change my way of thinking. I am currently taking the real estate program. One thing I have noted is that he constantly states to get advice, don't go it alone. I have created a support team of advisors: lawyers, accountants and real estate professionals who opinions I trust. That is the point of his materials afterall.
I have to comment on some of the nay sayers, in particular those on the linked pages who are marketing the latest and greatest way of making money. If you truly are making money, would you not be better dressed, in a nicer location and with a professional video production? Just a thought...

Rey Bolivar   Manila Philippines

3:13pm on Tuesday, February 10th, 2009 

still, life is what you make it!...

Joe   Kentucky

9:08pm on Monday, January 26th, 2009 

Mr. Kiyosaki is full of crap....he has a bunch of high pressure salesman who put down other companies to get your business. They went as far as to tell me that I should quit with the other company because he used to work there. He proceeded to tell me a lot of bad things about them.....hummmmmm, I wonder why he would do that?? TO TAKE MONEY FROM THEM AND MAKE MONEY OFF OF ME THAT'S WHY!!! Not Robert Kiyosaki more like a company named PROSPER out of UTAH. Ask them who else they sell for and why they lost the Donald Trump business. LIARS LIARS LIARS...THAT'S WHAT THEY ARE. I am just grateful that I dodged that bullet.

Federico   Guatemala, Central America

1:44pm on Monday, December 29th, 2008 

I'm not a millionaire but Kiyosaki's book opened my eyes. Save a little to invest... it's better than spending all your money shopping things you won't use in daily basis!

Ken   Fairfield, Ca.

8:19pm on Tuesday, December 23rd, 2008 

I always have a hint of skepticism when I read "get rich quick" type books, so I approached this in the same way. While I'm fairly knowledgeable about finances and money, what I liked about Kiyosaki's books are that he speaks to the common person, rather than tossing jargon around and expecting you to know what they are talking about. I've gone on to read several of his books and his advisor books, and have gotten some good information out of them. I have also read other books by different authors and have a better understanding of what is being talked about. My only real complaint I have with Kiyosaki is that he is too general with what to do, such as "Get a good team together and you can do whatever," but he doesn't seem to get into how to pick the team or suggest what is needed to try and start your team. That would be rough for beginning investors. I am happy to know that he is trying to get kids interested in financial intelligence, as I have been trying to instill this in my children even before hearing of Robert.

B.L.McGrann   Houston

10:48am on Tuesday, December 23rd, 2008 

I believe," Robert and I have mutual friends. I would appreciate it, if he would contact me at: mcgrannb@yahoo.com : Thank you

Emmy Mya Lynn   Mountain View, CA

9:37pm on Monday, December 22nd, 2008 

I like Robert Kiyosaki's books. By the way, all those who find his books expensive, go check it out in the public library. Have you ever thought of that? It's free! Look, someone said his books doesn't contain any "meat" or hard facts in it. Well, it does sometimes. In his first book, Rich Dad Poor Dad, it tells the reader to incorporate when starting a business. It is your job to find out what it is to incorporate a business. You see, he does give hard facts. Now I know what's Limited Liability Company means, or a S-Corp, or a C-Corp. It is the reader's job to look up his advices to see what it actually mean.

David Holland   North Carolina

7:55pm on Saturday, December 6th, 2008 

I follow Kiyosokis book closely, he predicted the downfall of the US, gave good tip on personal growth, and bashes money wasters and the ignorant for bad investing. I joined the military and took up the fight against financial illiteracy. I am in Japan now. He said become well rounded. His advice has not let yeilded riches yet, but if I stayed like I was, I would be doomed. Japan is a land of business. I am glad to be here.

David Hobbs   Miami

7:31am on Thursday, December 4th, 2008 

kiyosaki is a lying fraud.

"cashflow" is what happens to kiyosaki when you buy his crap, not what you get when you pay
$190.00 for a f***ing board game.

no wonder the american economy is evaporating.
besides a policy of endless war,
you people are idiots. scam artists are your teachers, liars and crooks your "leaders". you will believe anything.

and by the way, your "recession" is only just beginning.

marc mond   fullerton ca

7:56pm on Tuesday, December 2nd, 2008 

first let me say i always wanted to be rich but never knew how. i thoght that by people going to school to have a great coreer was the only way or by having a business was another way or sanving money. i was in a job prisoner of my own destiny and didn't know what to do. i was introduced back in 2004 to the first book ever since than i was impact by the way he wrotte his stories. powerful words such as dyversification,leverage and dont work for money. would of never heard if it wasn't for him.i don't care if mr. kiosaki is making money out of us. his job is not to make us rich. our job is to make ourselves rich and that's the mentallity this books create . remember driving a car is risky but driving with your eyes folded is riskier

David Hobbs   Miami

6:37am on Saturday, November 1st, 2008 

Hey, Uganda guy, you are a sucker.

Hey, Uganda guy, you are a sucker.

And if Kiyosaki is so great a financial teacher and advisor, why does the U.S. (and most of the civilized world) stand on the edge of economic catastrophe?

Surely since he is a bestselling author, the masses have heeded his great financial advice, so why is the world economy tanking?

Isaac Ssamba   Uganda

8:46am on Thursday, October 30th, 2008 

I love Mr. Robert Kiyosaki's work really it brought me from another world of pespective to a new world of understanding, we are waiting for him to visit Uganda and we are eager waiting for the Game boards to buy them we are saving our money, me and my brother Samuel.Robert thank you man, you are changing the world, you make world a better place to live

Andy Tiefenbach   Grand Rapids, MI

10:23pm on Sunday, October 12th, 2008 

I have read almost all of the rich dad books and have to say that in every single one he emphasizes how important increasing your own financial IQ is the most important thing anyone can do. In fact he talks about not being an average investor. So I would say that he does not give "risky and potentially disastrous strategies...to people that have little experience investing" He says many times that this is dangerous. All I am sure of is that he has been more successful than I have which means I can learn something from him. His methods are "simple, but not easy"

Ron P.   Melbourne, Australia

12:14am on Thursday, October 9th, 2008 

I have to say that Kiyosaki has good points that he slaps the average money wasting and approval seeking joe blow in the face by stating that spending money on toys and doodads, before investing, is a sure way to screw up your financial future. I fully agree with this statement but having said that: it is also a bit too simple and too obvious.

I signed up for Kiyosaki's coaching programm ($4000 US) and can honestly say that I learned nothing new. In addtition his books do not actually have any real solid content, but I would advice one to have a read at least because it will provide you other ways of thinking about money as what we were taught by our parents. Just don't expect any precise investment advice.

Fred   Houston

7:35pm on Saturday, October 4th, 2008 

I just walked out of a $495 alleged Training seminar on the second day when the presenter went into hard sell on "Advanced Courses" Of the 60 people in attendance he became rather irate and frustrated when only 2 couples signed up for the $25,000 programs. The biggest gripe being expressed was that we were sold on the idea of this being a training seminar, and over half was "hard Sell" on more programs. The details were skimmed over and we were left with "Cliff Hangers" that we could get if we signed up for more. The original advertisement read $4995 for the advanced training, but instead today we learned it was $9,995 to $69,995 and we need to pay on the spot.

I have read the books.... but they contain no facts and nothing with "meat" or "nuts and bolts" to succeed in the Real Estate business that he is promoting..... sorry reality is a real bite

David Hobbs   Miami

5:41am on Sunday, August 3rd, 2008 

Robert T. Kiyosaki is a best-selling author,
who got rich telling the American public "how to get rich."

Much of mainstream America has read his books.
He is on many Bestseller lists, including the New York Times and the Wall Street Journal.

If Robert T. Kiyosaki's advice and his books and games are so great, then why is America in a financial crisis?
Why is there a major "Mortgage crisis"? Why the need for "Tax Rebates" to help out struggling Americans? Why is there a such thing as a "Staycation" for the average Joe Blow who can't afford a real vacation?

Clarence, bsa student   Philippines

10:02am on Sunday, July 13th, 2008 

i found Kiyosaki's books very much captivating in fact I'm influenced by it with the way i see things right at this very moment. As i was reading his first book rich dad poor dad it serves like mirror for my situation and i really believe in his point of views in business. His books is made for people who are willing to understand the real world. I just want to quote some of the best things i've read from his books. These are not the exact words but same essence.

Let your money works for you. If your money works for you, you can spend more time with your family, you can travel the world with your loved ones, you can give to charity....i adore Mr. Kiyosaki.

I'll follow each steps written in his books for me to achieve my financial freedom.

dave   pennsylvania

3:17am on Saturday, May 24th, 2008 

i find it interesting that on a flaming site there is no one flameing him except the person who runs the site...and even that is done mildly....you're an adult use the information or not the choice ir your's...by the way i have yet to buy any guru books but looking for some market insight....i think i'll be reading his books tomorrow

Karen F   Florida

12:16pm on Tuesday, May 20th, 2008 

I joined the program and have been having problems with their misrepresentation, dishonesty and poor customer service. And do not expect a penny back once it is in their hands, no matter how legitimate the reason.

Brendan Gervais   Edmonton

1:04pm on Friday, March 21st, 2008 

I figure the fact that Robert and Donald Trump are buddies, lends just a bit of credibility to his business acumen. Wouldn't you agree?

Andrea Williams   London

5:06am on Thursday, March 20th, 2008 

This is business and not personal. Robert Kiyosaki understands the business chasis and is sharing this with people who don't. There is only one way to determine who is right and who is wrong, and that is to take action on the advice. Everything in life is a risk, but having read Rich Dad Poor Dad he mentions that it is calculated and educated risks that return positive results. There are a lot of selfish people out there who will put obsticles in your way to prevent you from success, so it is essential to know who is friend and who is foe when taking advice. Robert Kiyosaki is speaking from experience and people make mistakes and overcome them . All he is doing is keeping it real by not sugar coating the fact that on the road to riches we will make mistakes. He also mentions that he is not actually the best guru in finance, but he knows how to deliver a product to EARN the title "BEST SELLER" which is the point of any business. He gives the example of MacDonalds and that it doesn't offer the best burger in business or anywhere for that matter, but it has the best business system because it focuses on business and not just product. Customers appriciate sevice first and product second and Robert Kiyosaki teaches this formular.

Wade Barnes   Franklin, TN

7:34am on Sunday, February 17th, 2008 

First let me say that I'm a Robert Kiyosaki fan. I think the basic elements of his books and programs are dead-on. They have inspired me to start a business and start investing. I now have 1 rental property and a small business that pays me more than the full time job 6-figure job I had 4 years ago. I am finally poised to purchase more investments, including real estate and other small businesses. The fundamentals I have learned from Kiyosaki's teachings have put me on a path to wealth. REALLY! The richest of the rich didn't get that way buy buying Mutual funds. Consider Carnegie, Buffet, Gates, and Trump etc... They don't invest in a 401K. Buffet for example owns a mutual fund. He CREATED the investment and sells it to you and me. If you want to be rich Don't Be Average. The average investor buys diversified mutual funds. The average investor is the same as saying "middle class". Which by definition is NOT rich. Are Kiyosaki's teachings risky? My honest answer is yes AND no. Yes... heavy investing in a diversified mutual fund is safe and long road to what I call upper-middle class. There's nothing wrong with that if that's what you want. But if you want to be rich, you MUST educate yourself on financial manners and know what you are doing there's no way around that one. So I say... it's not risky to educate yourself and make educated decisions like Kiyosaki preaches. But it is risky to quit your job and start a business like I did. Most small businesses fail. But... if you understand a statement of cash-flow. (which is the most important and easiest statement by the way) Understand a balance sheet and an Income Statement. And know how to put them together from your own financial situation you have a good foundation. Because everything you do in the world of the rich investor is based on these fundamental skills.

Michael Smith   Cleveland Tn

10:13pm on Monday, February 11th, 2008 

I have found Mr Kiyosakis information to be extremely accurate. Since studying the rich dad program I have bought 3 properties which make me money on a monthly basis. The Tax advice that I have gotten in his books and program I have confirmed with my own accountant. I pay far less in taxes since I started playing by the rules of the rich and not the middle class or poor. However if you want to take the same old advice of save in vest in mutual funds and your 401k that is up to you

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- Robert T Kiyosaki’s other products include: Cash flow Quadrant: Rich Dad's Guide to Financial Freedom (2000), Rich Dad's Guide to Investing: What the Rich Invest in, that the Poor and the Middle Class Do Not! (2000), Rich Dad's Rich Kid, Smart Kid: Giving Your Children a Financial Head start (2001), Rich Dad's Prophecy: Why the Biggest Stock Market Crash in History Is Still Coming... and How You Can Prepare Yourself and Profit from It! (October, 2002)

 

 

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