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.
Self help gurus like Robert T Kiyosaki
don't care about your financial well being,
they only care about lining their own
pockets from book sales. If you're
ready to stop reading about wealth and start
earning your own take a look at the program
I have used to generate a steady monthly
income. You can
Check it Out Here.
- 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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Customer Reviews for 'Robert T Kiyosaki'
Comments to date: 11. Page 1 of 1. Average Rating:
Andy Tiefenbach, Grand Rapids, MI
Posted at 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
Posted at 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
Posted at 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
Posted at 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
Posted at 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
Posted at 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
Posted at 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
Posted at 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
Posted at 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 off... read more»
Wade Barnes, Franklin, TN
Posted at 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..... read more»
Michael Smith, Cleveland Tn
Posted at 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