Robert Kyosaki’s Advice to Entrepreneurs

“We go to school to learn to work hard for money. I write books and create products that teach people how to have money work hard for them.” – Robert Kiyosaki

“I retired at 32,” says Jason Wells, thanks to what I read in Robert Kiyosaki’s books. “A friend of mine introduced me to Rich Dad, Poor Dad.” Wells sees Kiyosaki’s books as a “real road map to financial freedom.” He states “if you look at Rich Dad, Poor Dad’s Cashflow Quadrant and Rich Dad’s Guide to Investing, there is a tremendous amount of valuable information . . . (that) I have analyzed and actually applied these concepts to get retired.” Wells has analyzed these steps:

  • What the poor and middle-class and wealthy buy on payday is different.
  • Brilliant Compensation: Understand why wealth comes to those willing to help others.
  • Rich Dad Business: Robert Kiyosaki, author of bestselling Rich Dad Poor Dad, offers his advice on where the average person should start to build wealth.

Wells finds this information above the most helpful Kiyosaki offers, but entrepreneurs have found Kiyosaki’s advice to invest in real estate most useful. Buying real estate is “good debt.” It makes you money–as Kiyosaki says “Most investors say ‘Don’t take risks.’ The rich investor takes risks.”

Kyosaki and Donald Trump wrote Why We Want You to Be Rich because entrepreneurs need to change how they think about money. Thoughts lead to actions and actions lead to results. The successful leverage their time by using the resources around them (including employees). Business owners set up systems in many enterprises. Selling the systems (or businesses) frees them to build more assets–or as Kiyosaki puts it, “The rich build assets they use to purchase other assets. The poor only have expenses.”

If you do not have a lot of experience, Kiyosaki suggests investing in network marketing. The education programs will train you and the business is meant to help many owners become wealthy. Kiyosaki sees it as a better paradigm ” Inside of every problem lives an opportunity.” Traditional business education is built on only one or two people succeeding on the backs of others. Don’t learn the academic models of business success. Learn the financial wisdom of the wealthy. Kiyosaki says “Fortune favors the prepared mind.”

Both wealthy men want you to learn new ways of thinking about money–key to putting the goals and ends you desire in motion. “If you can grasp the idea that money is not real, you will grow rich faster.”

Seems awfully philosophical? Get reading and see a way to wealth. “Your future is created by what you do today,” Kiyosaki has written. Who would argue with someone whose books have been 4 years on the bestseller lists?


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