Robert Kiyosaki is best known as the author of ‘Rich Dad Poor Dad‘ – the #1 personal finance book of all time that’s challenged and changed the way tens of millions of people around the world think about money.
Rich Dad titles hold four of the top ten spots on Nielsen Bookscan List’s Life-to-Date Sales from 2001-2008 alone, and Robert has been featured regularly on Larry King Live, Oprah and countless other shows and publications.
With perspectives on money and investing that fly in the face of conventional wisdom, Robert has earned a reputation for straight talk, irreverence and courage.
Along with his path to becoming a world-famous expert on all things financial, Robert learned more than he ever expected about the riches money can’t buy.
“Every time I did an investment, whether real estate or business, I got smarter.” – Robert Kiyosaki
The more you experience, the smarter you become. Life is one big lesson of ups and downs that not even a psychic could predict.
Take everything that comes your way, good or bad, as a learning curve – any current failure can prepare you for future success! Life is what you make it…
“When someone I meet doesn’t have any money it just means they’re not giving something.” – Robert Kiyosaki
Just like the sayings you reap what you sow or you get what you give, what Robert says is also true, even if the results aren’t immediate. The effort you put in WILL, sooner or later, have a good ROI (Return on Investment).
If not, you need to reevaluate your strategy and ask yourself if the thing you’re investing in is worth your time and energy… (This goes for relationships as well!)
“I used my bill collectors as inspiration to work harder” – Robert Kiyosaki
Perspective is a big key to success. How you perceive your situation will help you either rise and overcome it, or wallow in despair.
Choosing to make the best of a worst-case scenario helps you handle life, as unexpected change is practically guaranteed.
“Focus means: Follow One Course Until Successful.”- Robert Kiyosaki
Before you diversify into new ventures, make sure you are at least proficient in at what you’re doing now. It’s better to be a master of one thing and than to be mediocre in many.
Once you achieve mastery, you can replicate this formula for success over and over again.
“Depression is the best time to make money.” – Robert Kiyosaki
Hard times really reveal people’s true colours. The pressure can either make you or break you – so find a way to make it work for you!
Learn to dance in the rain, there’s always a positive to every negative!
“Design a business that doesn’t need you to continue raising the capital.” – Robert Kiyosaki
Making sure that your systems can run without your direct involvement is essential for building a successful business.
Your business shouldn’t depend on your presence for it to be profitable – it should be making you money even when you sleep!
“Work hard for Passive Income.” – Robert Kiyosaki
There’s only so much time in a day – so it’s essential that you put your time and effort into the things that will get you the best return.
Robert made most of his earnings by investing time and effort into making sure that he had good and sustainable passive income – which allowed him to retire early…
“Most successful entrepreneurs have gone bust.” – Robert Kiyosaki
Most successful people that we see today have failed on the way to the top. Oprah got fired at 23, Henry Ford went bust 5 times, Steve Jobs was dismissed by his own board of directors.
We are taught in school that failure is a bad thing, which makes taking risks very daunting. The result is that we often end up shackled in our comfort zone…
You need to get over any fear of failure if you want to succeed.
“The Rich Dad company is getting stronger because every year we add more assets.” – Robert Kiyosaki
Once you have mastered your business, it should start running and generating income independently. Only then can you start to diversify and expand into different ventures. This will help you scale your business and increase your cash flow.
“I think the big mistake is that I hear so many people say it’s important to save. That’s ridiculous!” -Robert Kiyosaki
One of the most revolutionary things Robert teaches is that the value of money isn’t consistent. It can be printed on demand, so it can lose value in a flash. It’s essential to invest your money wisely so it will increase in value instead of decrease in value.
If you follow these ten tips, you are going to start seeing changes in your finances and your business – but success only comes on the heels of action – SO START NOW!
Credit: Evan Carmichael
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