Robert Toru Kiyosaki
an investor, businessman, self-help author, motivational speaker and inventor. Kiyosaki is best known for his Rich Dad, Poor Dad series of motivational books and other material. He has written 15 books which have combined sales of over 26 million copies. Although beginning as a self-publisher, he was subsequently published by Warner Books, a division of Hachette Book Group USA, currently his new books appear under the Rich Dad Press imprint. Three of his books, Rich Dad Poor Dad, Rich Dad's CASHFLOW Quadrant, and Rich Dad's Guide to Investing, have been on the top 10 best-seller lists simultaneously on The Wall Street Journal,USA Today and the New York Times. He has created three "Cashflow" board and software games for adults and children and has a series of "Rich Dad" audio cassettes and disks. He also publishes a monthly newsletter. He found her love which is also a successful business women called Kim Kiyosaki, the author of Rich Women.
Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money—That the Poor and Middle Class Do Not! Robert Kiyosaki is best known for his book Rich Dad, Poor Dad, the #1 New York Times bestsellers. The book become the best seller, the central concept of the book is an anecdotal comparison of his "two fathers." His "poor dad" was his biological father, who became Superintendent of the Hawaii State Department of Education but had very little real net worth. Contrasted with this is his (arguably fictitious, see "Criticism and controversy" section of this article) "rich dad," advocates tax-advantaged investment vehicles, such as real estate or businesses, rather than ownership of securities. This idea is further developed in his later books and "Rich Dad" became Kiyosaki's personal brand for various publishing ventures.
Cashflow Quadrant is a personal finance and investing book written with Sharon Lechter, C.P.A. as the sequel to Rich Dad, Poor Dad. In it, Kiyosaki discusses what he calls the cashflow quadrant: a grid consisting of the letters "E", "S", "B", and "I." The cashflow quadrant itself is just an illustrative tool to show the difference between Employees, Self Employed/Small Business owners, Business owners (not directly involved in the day-to-day operation of the company), and Investors. Kiyosaki discusses the differences between concepts and ideas characteristic of each quadrant, particularly as they relate to passive income and tax advantages.
E – Employee: In this quadrant a working person is paid based on the job description or commissions. In order to make more money one needs to depend on working extra hours, extra sales, or shoot for a promotion. In this area you are paid by position and not who you are as a person.
S – Self employed: In this quadrant a person has more independence. They are somewhat free to set their hours and work with some type of specialty skill. They are what we call the professional such as doctor, lawyer, school teacher or sole trader. Income potential can be generally higher, based on how much energy is put in. Since you are self employed, if you do not show up to work, no money is made. You just can’t stop working!
B – Business owner: In this quadrant a person now owns a system. They no longer need to invest their own time physically “working”. They have a system that runs on its own. In this case the business owner can even stop working and take a vocation if he or she want to, and have the system generate income during that time.
I – Investor: This is the quadrant where wealth is created. At some point if one truly wants to generate massive income they will eventually end up in this quadrant. This is the area where you have your money start working for you, instead of you working hard for your money. Investors can invest in different ventures like businesses, stock, mutual funds, and real estate.
Why We Want You To Be Rich coauthored by Donald Trump
Why We Want You To Be Rich is a book written by both Robert Kiyosaki and Donald Trump. It encourages individuals to become financially literate to combat the upcoming problems facing America, such as the shrinking middle class and the entitlement mentality and many others.
Rich Dad's The Business School
This book is about tell why the network marketing business is the most effective business school for you. He said inside the network marketing business, there are always leaders to help you. They will give you the supports and some effective tools, systems and strategies to help you to become successful. One of the great things of Network Marketing business is the leaders want you to be successful, because the more successful you become, the more successful they will become as well. Its a win-win situation, they will have you to become a leader first before they can become successful. Besides that, Robert always says: "The richest people in the world build network, everybody else looking for a job." and network marketing business is a network business. Besides, this type of business give you the opportunity to build your residual income. Robert suggest that nowadays, you should use your part time to build your business, and network marketing is a good choice because its low start up cost and there are already a proven success system there to assist you. What you need is just follow the system and you will create your fortune there. No doubt todays you can see a lot of people become successful in the network marketing system. Some of them not even have a formal education. This mean network marketing offer an equal opportunity for the public. There are still a lot of advantages can be discovered in the network marketing business.
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