Robert T. Kyosaki√
Robert Toru Kiyosaki is the best-selling author of Rich Dad Poor Dad and he has revolutionized the financial industry through his work in sharing his thoughts on financial education. His book, Rich Dad Poor Dad advocates the importance of financial literacy and has gone on to sell millions of copies in more than 51 languages across the world. It has been listed on the New York Times bestsellers list for over six years.
Robert kyosaki teach some amazing fact about money and who to you become Rich dad .
In this article, you will discover the top 10 success principles from Kiyosaki himself.
1. Set Out to Gain Experience-set out to gain more experience. While it is true that you can learn and gain new knowledge through reading books, attending seminars and learning from other people, you cannot gain new experience simply through reading. Kiyosaki also gave a good example of cycling. He said that one cannot learn how to ride a bicycle by reading a book. The only way you can acquire that skill is to hop on the bicycle and learn to ride it.
2. The More You Give, The More You Receive-According to Kiyosaki, your primary aim is to create more value for your customers through your business. You create an excellent product or give exceptional service to your customers so that in return, they will buy more and become your loyal customers. Unfortunately, most people only think about themselves and how they can make the most of their customers. They want to create the cheapest product and wish to get the most from their customers. This will not work out in the long run.Hence, aim to be a giver. Learn to create more value and how to solve other people’s problems. Kiyosaki said that whether you are rich or you are poor, it all lies in your attitude towards money. He said he made a lot of money, but he also gives a lot of money back to the world. Just like what Anne Frank said, “No one has ever become poor by giving.”
3. Your Thinking Determine Your Success-Kiyosaki said that your biggest asset is you. And how you think is the most important key to changing your life. This is why he constantly emphasizes that if someone wanted to get rid of the rat race and become rich, he must change his thinking and learn to be financially educated.
4. Focus is Key-In one of his seminars, Kiyosaki shared his view on focus. He said that focus simply means “Follow One Course Until Successful”. And that is exactly what he did when he first started.It is the same in every area of your life. If you want to get rich and be financially free, you must do what Kiyosaki suggested and stayed focus on your course until you achieve the result you desire.
5. Hard Times Bring New Opportunities-The famous author of Think and Grow Rich, Napoleon Hill once said, “Every adversity, every failure, every heartache carries with it the seed of an equal or greater benefit.” Highly successful people believe that failures, tough times, adversities, and setbacks are great ways to learn and they contain opportunities to earn and grow higher.
Kiyosaki says that economy is a cycle, it will go up and it will go down. When things are good, the economy will be strong and perform better. When things are tough, the economy will go down and opportunities will be everywhere. And this is why he stresses that financial education is important. You want to learn how to spot the opportunity and make a great deal especially during tough times where the opportunities are everywhere.
6. Don’t Be Afraid to Lose-Every successful people fail at least once in their lifetime. Henry Ford went broke five times before he finally became successful in his automobile business. Steve Jobs, the founder of Apple was fired from the board of directors and the company he started, but he eventually made it back to Apple and built it into one of the most innovative companies of the decade.And Robert Kiyosaki said that he has failed many times in his businesses too.This is the problem with the majority. They are afraid to make mistakes and as a result, they let their fear of failure to stop them from moving forward. So from now on, treat your failure as your feedback to improve yourself and in what you do.
7:BE FINANCIALLY EDUCATED-Kiyosaki shared a lot of his ideas and concepts on the subject of personal finance. He is an advocate and believes that if someone wanted to be financially successful, he must first equip himself with the necessary financial education.
One of his principles that can change your financial status is to understand what you are working on. In his books, he categorized jobs and careers into four main categories, and they are the employee, the self-employed, the businessman, and the investor. And you need to understand which category you are in if you want to become rich.
8. Build and Grow Your Assets-One of the most important success lessons everyone should learn from Kiyosaki is to build and grow their assets. Most people have the wrong perception of assets and liabilitiesTherefore, learn to build and grow your assets. Acquire things that will generate you more money rather than take your money away. A well-designed business always increases the number of its assets. And this is exactly what you must do. Aim to acquire more assets that will generate you passive income.
9. Saving Money is Obsolete-When it comes to becoming financially successful, what most people will do is to save money. Kiyosaki said that this is not a wise move because you simply cannot keep up with the fluctuations in the value of the currency, which will weaken their buying power. The inflation rate will be higher than the interest you receive from saving money in the bank.
10. The Rich Don’t Work for Money-
Another popular concept from Kiyosaki’s book, Rich Dad Poor Dad is that the rich do not work for money, rather, they use their money to work for them. Robert Kiyosaki often says, “Money works for me”, and not the other way round.
When you ask people why they are doing all the work, they will tell you that they are working for the money. Most people spend most of their time working to earn a living and to pay the bills. The downside of this approach is that you are exchanging your time for money. And in order to make more money, you will have to sell more of your time working harder and longer hours.On the other hand, rich and successful people do not work for money. Instead, they build businesses and they make investments so that they receive passive income with little or no work. Rather than spending their time working for money, the rich make full use of their money to work for them.
conclusion-A lot of Kiyosaki’s philosophy revolves around education. He believes that people should learn as much as possible about finance. He also believes that “real” financial education occurs outside the classroom. Kiyosaki is critical of people who spend years and money on advanced degrees.
Quick Look: The Best Robert Kiyosaki Books
#Cashflow Quadrant: Rich Dad’s Guide to Financial Freedom
#Rich Dad’s Guide to Investing: What the Rich Invest In, That the Poor and Middle Class Do Not
#The Business of the 21st Century
#Rich Dad Poor Dad: What the Rich Teach Their Kids About Money
#Rich Dad’s Increase Your Financial IQ: Get Smarter with Your Money
#The Real Book of Real Estate: Real Experts. Real Stories. Real Life
#Rich Dad’s Retire Young Retire Rich
#Why the Rich Are Getting Richer
#Rich Dad’s Before You Quit Your Job
#Second Chance: for Your Money, Your Life and Our World
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