If you want a full book review, you can check out our post on it here, along with a video review. Robert describes how they viewed money and personal finance differently and how it ultimately shaped their careers and lives. His “rich dad” was a best friend’s father, while his “poor dad” was his biological father. The book, Rich Dad Poor Dad, highlights the differences between Kiyosaki’s lessons growing up by his 2 “dads” on money. The book undoubtedly launched Robert Kiyosaki’s career to the moon and won him fame and financial success. The book was a New York Times Best Sellers list for over six years and was even given a shout-out on the Oprah Winfrey Show. Rich Dad Poor Dad is now one of the best-selling business books with over 32 million copies sold. This same year, Kiyosaki published his most famous book, Rich Dad Poor Dad. This was the private financial education company that would own and operate the Rich Dad brand. However, the tipping point came when Kiyosaki founded Cashflow Technologies, Inc. in 1997. Instead, Kiyosaki encouraged readers to become involved in investing in real estate instead. The book was critical of college education and claimed it wasn’t a pathway to success. Kiyosaki leveraged this business success and used it to publish his first book: If You Want to Be Rich and Happy, Don’t Go to School. This company was his first success and allowed him to start investing in real estate. In 1985, Robert Kiyosaki’s first taste of success came when he co-founded the Excellerated Learning Institute, a business education company that taught entrepreneurship, investing, and social responsibility. First Taste of Success: Financial Education Company Once again, the company went bankrupt.Īfter those two failed attempts, Kiyosaki shifted his focus more towards education. His second attempt was to sell apparel like t-shirts, wallets, and hats for Rock Bands. Nonetheless, the company eventually went bankrupt. These were among the first wallets of their kind and were featured in Runner’s World, Success Magazine, Newsweek, and Playboy. Robert Kiyosaki’s first business, Rippers, was a company that sold nylon/velcro wallets. Robert Kiyosaki’s Failed Business Attempts After completing his MBA, he worked as a sales associate for Xerox until 1978, after which he started his own business. Marine gave him the strength of character needed to succeed in the business world.Īfter his tour in Vietnam, Kiyosaki attended college in Hilo, Hawaii, and earned his MBA. Kiyosaki has stated that his time as a U.S. Marine Corps and became a helicopter gunship pilot, and served in Vietnam from 1972 to 1973. The MarinesĪfter graduating from high school in 1965, he attended Naval College. professor and instructor, which allowed young Kiyosaki to attend good educational institutions. Robert Toru Kiyosaki was born to Ralph and Marjorie Kiyosaki on April 8th, 1947, in Hilo, Hawaii. First Taste of Success: Financial Education Company.Robert Kiyosaki’s Failed Business Attempts.
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