Young entrepreneurs are filled to the brim with enthusiasm. They are energetic and are ready to burn the midnight oil to find success. However, they often complain about having no direction. As a result, they lose the path of success, and that spark fades away over time.
If you find yourself in a similar situation, know that you can’t go wrong with the right mentor. When experience blends with enthusiasm and hard work, success is guaranteed. This is where books by Robert Kiyosaki come in handy.
A Few Words About Robert Kiyosaki
Robert Kiyosaki is a well-known entrepreneur, author, motivational speaker, and personal finance personality. In America, Robert is best known for writing Rich Dad, Poor Dad. It has been almost 30 years since he made waves in the personal finance arena, and he has come a long way since then. Today, he has written 26 books that have been translated into 51 languages in 109 countries.
Expectedly, he knows the onions about finance. All books by Robert Kiyosaki carry financial wisdom, and they have inspired millions of entrepreneurs from all over the world. If you have chosen a career and want to make a mega fortune, seeking guidance from his books may hit the nail on the head for you.
Books by Robert Kiyosaki
Robert Kiyosaki has published quite a few influential books.
Rich Dad Poor Dad
Without a doubt, Rich Dad Poor Dad is the most popular and highly sold book by Robert Kiyosaki. Launched in 1997, Rich Dad Poor Dad is a series of books. As of now, Robert Kiyosaki has written 14 books of this series.
Rich Dad Poor Dad remained the best-selling personal finance book for over a decade and made new records by selling more than a whopping 32 million copies. It is often regarded as the number one unique finance book of all time. It’s so successful that it won’t be far from the truth to say that it has overshadowed other books by Robert Kiyosaki.
Actual Story Behind Rich Dad Poor Dad
Robert Kiyosaki came from a humble background. The rich dad is his friend Mike’s father, who built wealth by investing. By poor dad, he refers to his father who worked hard but never became financially stable.
Rich Dad Poor Dad goes over financial independence, and Robert Kiyosaki greatly emphasizes financial literacy. He also criticized schools for not teaching students how to make money. Furthermore, he explains the difference between an asset and a liability and discusses the keys to a profitable investment.
What Makes Rich Dad Poor Dad Great?
The major part of the reason why Rich Dad Poor Dad is one of the most sought-after books is that it explains everything in an easy-to-understand manner. Most of the chapters are conversations. He describes his own life experiences, and the readers hear it straight from the horse’s mouth.
Readers also admire the explanation of cash flow in Rich Dad Poor Dad. The cashflow quadrant explanation is exceptional, and he explains the difference between the poor, rich, and middle-class people with these cashflow quadrants.
Rich Dad Poor Dad also explains the importance of developing skills and character development. Robert also seems to advocate the idea of doing a low-paid job for the sake of experience and prefers it to a dead-end job with better pay.
Robert Kiyosaki advises the youth to keep their debts and expenses low. His poor dad wasn’t poor. He did earn a reasonable profit. However, his expenses always kept up with his income. So he never really got a chance to invest in assets and go big.
Rich Dad Poor Dad also gained a fair bit of criticism. Cynics criticize Robert for beating around the bush in the latter part of the book. They believe that this book could have been more precise. However, this doesn’t change that this book has been an immense success.
If You Want to Be Rich & Happy Don’t Go to School: Ensuring Lifetime Security for Yourself and Your Children
Launched in 1991, If You Want to Be Prosperous & Happy, Don’t Go to School is the first-ever published book by Robert Kiyosaki. As the name suggests, it encompasses the life lessons that schools just never teach. Robert describes the problems with the educational system, and he also tells you how to overcome them.
Unlike most books by Robert Kiyosaki, this book doesn’t necessarily tell you about making money. Yes, those topics have also been discussed. But the book mainly focuses on the educational system and character development.
Robert Kiyosaki doesn’t seem to be a fan of the educational system. In the book’s first half, he criticizes them and pens down what he feels is problematic. He thinks that someone’s abilities should not be judged based on their grades. Robert Kiyosaki gives his example to prove his point. Despite his father being a teacher, he was never a great student. This is what motivated the author to write this book.
In the second half, Robert Kiyosaki offers the solutions to those problems. He tells what needs to be done to better the system and prepare the students to face real-world challenges.
What Makes If You Want to Be Rich & Happy Don’t Go to School a Great Book?
The best thing about this book is that it has a more realistic and straightforward approach. It’s no secret that most schools only focus on teaching the syllabus, and the students’ character development often gets overlooked. So, Robert Kiyosaki is correct to some extent.
Furthermore, the book discusses the problems and gives solutions. Robert has made sure to discuss everything comprehensively. If you are one of those students who learned nothing valuable in school, this book may set you up for emotional and financial success.
This book has been heavily criticized for going against the orthodox beliefs. The main criticism is that it portrays a school as a bad place. Robert thinks that schooling is nothing but a waste of time and you should not go to school if you want to get rich. This, of course, is not correct.
Robert Kiyosaki seems to have the success formula for entrepreneurs. Among all his books, Rich Dad Poor Dad and If You Want to Be Rich & Happy Don’t Go to School are the most popular. These books explain the keys to financial and emotional success comprehensively and straightforwardly.