"The Size of your Success Is Measured By The Size of Your Desire."-by Robert Kiyosaki

byRichDragon

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1 year ago

The size of your success is measured by the strength of your desire; the size of your dream; and how you handle disappointment along the way."- Robert Kiyosaki

The author of Rich Dad Poor Dad:

Robert Kiyosaki's journey is a remarkable tale of financial success and entrepreneurship. Born in 1947, Kiyosaki faced early financial struggles but was determined to change his circumstances. He embarked on a path of financial education and business acumen.

Kiyosaki is best known for his groundbreaking book, "Rich Dad Poor Dad," published in 1997. This book challenged conventional wisdom about money and investing, emphasizing the importance of financial education and taking calculated risks. "Rich Dad Poor Dad" became a bestseller and a global sensation, with millions of copies sold.

Building on the success of his book, Kiyosaki established himself as a financial educator, motivational speaker, and author of numerous other books, all focused on financial literacy and achieving financial independence. He also co-founded the Rich Dad Company, offering seminars, games, and educational materials designed to empower individuals with the knowledge to achieve financial success.

Through his teachings and writings, Robert Kiyosaki inspired countless individuals to take control of their financial future, invest wisely, and build wealth. His impact on the world of personal finance and entrepreneurship is a testament to his dedication and vision, making him a true success story in the field of financial education.

Summary Of Rich Dad Poor Dad As I Relate To It

"Rich Dad Poor Dad" by Robert Kiyosaki is a personal finance and self-help book that challenges conventional wisdom about money and investing. The book is written in the form of a memoir, contrasting the financial philosophies and practices of two father figures in Kiyosaki's life:

1. Rich Dad: This character represents Kiyosaki's friend's father, who is a successful entrepreneur and investor. He embodies the principles of financial education, asset acquisition, and creating passive income streams. Rich Dad teaches the importance of financial literacy, the value of assets (such as real estate and businesses), and taking calculated risks to achieve financial independence.
2. Poor Dad: Kiyosaki's biological father, who holds traditional beliefs about money. He emphasizes the importance of job security, a good education, and living within one's means. Poor Dad's perspective is centered on working for a paycheck, saving money, and avoiding financial risks.

The book's key lessons include:

• The importance of financial education: Kiyosaki argues that traditional education often lacks essential teachings about money and investing, which is a significant gap in preparing people for financial success.
• Assets vs. Liabilities: Kiyosaki introduces the concept of assets (things that put money in your pocket) and liabilities (things that take money out of your pocket) and emphasizes the need to focus on acquiring assets.
• Creating passive income: The book encourages readers to build income streams that don't require active work, such as rental income or dividend payments.
• The power of entrepreneurship: Kiyosaki advocates for starting businesses and investing in real estate as effective paths to financial independence.

Overall, "Rich Dad Poor Dad" promotes a mindset shift from being an employee to becoming an investor and entrepreneur. It encourages readers to take control of their financial futures, invest wisely, and strive for financial independence. YOUR MINDSET SHIFT/S

What did he say about the size of your dream and how to handle disappointment ?

In "Rich Dad Poor Dad," Robert Kiyosaki emphasizes the importance of the size of your dreams and how to handle disappointment:

1. Size of Your Dream: Kiyosaki encourages readers to have big dreams and to think beyond the limitations that society often imposes. He believes that by setting ambitious financial goals, individuals are more likely to push themselves to achieve them. He suggests that small dreams don't inspire people to take significant action, while big dreams can motivate and drive them to work towards financial success.
2. Handling Disappointment: Kiyosaki acknowledges that disappointments and failures are part of the journey to financial success. He advises readers to use disappointments as opportunities for learning and growth. Instead of letting disappointment deter you, he suggests that you should view it as a chance to gain valuable experience, adjust your approach, and keep moving forward. He advocates resilience and the ability to bounce back from setbacks.

Kiyosaki's message is clear: Dream big, and don't let disappointments deter you from pursuing your financial goals. Learn from your failures and continue working towards financial independence with determination and a growth mindset.