Robert Kiyosaki – Rich Dad Poor Dad

Robert Kiyosaki

Robert Kiyosaki – Rich Dad Poor Dad – Contents

  • Robert Kiyosaki Biography
  • Robert Kiyosaki – Big Idea:
    • Rich Dad Poor Dad
  • Interesting Facts and Insights about Robert Kiyosaki
  • Career Advice Quotes by Robert Kiyosaki
  • Business Advice Quotes by Robert Kiyosaki
  • Financial Advice Quotes by Robert Kiyosaki
  • Robert Kiyosaki Inspirational Quotes
  • Books by Robert Kiyosaki
  • Questions about Robert Kiyosaki
  • Robert Kiyosaki – Videos

Robert Kiyosaki Biography

Robert Kiyosaki (born 1947) is a businessman and author. Kiyosaki is the founder of “Rich Global” and the “Rich Dad Company,” a private financial education company that provides personal finance and business education. He is also the creator of the “Cashflow” board and software games to educate adults and children about business and financial concepts.

Kiyosaki is the author of more than 26 books, including the international self-published personal finance “Rich Dad Poor Dad” series of books, which has been translated into 51 languages and sold over 27 million copies worldwide.

Robert Kiyosaki has been criticized for advocating a “get rich quick” philosophy and has been the subject of a class-action suit. Kiyosaki’s company “Rich Global LLC” filed for bankruptcy in 2012. Kiyosaki was also the subject of two investigative documentaries by CBC Canada and WTAE USA.

According to John T Reed, a real estate advisor: “‘Rich Dad, Poor Dad’ contains much wrong advice, much bad advice, some dangerous advice, and virtually no good advice.”


Robert Kiyosaki – Big Idea: Rich Dad Poor Dad

“Rich Dad Poor Dad” is a book written by Robert Kiyosaki and Sharon Lechter, 1997. It advocates the importance of financial education, financial independence, and building wealth through investing in assets, using financial leverage. The book recommends real-estate investing and starting businesses. Rich Dad Poor Dad is written in the style of a set of parables, based on Kiyosaki’s own life experience.

“Rich Dad Poor Dad” has sold over 32 million copies in more than 51 languages across more than 109 countries. It has been on the New York Times bestsellers list for more than six years. The book’s success became the basis for launching a series of books related products and franchise business.

Kiyosaki’s financial and business teachings focus on generating passive income by focusing on business and investment opportunities, such as real estate investments, businesses, stocks, and commodities. He promotes the creation of “passive income” from investments to enable true financial independence and not be dependent on a traditional job.

Kiyosaki uses the term “assets” for anything that generates an income. He defines “liabilities” as anything that drains cash, such as personal residence, consumer loans, and student loans. Kiyosaki argues that financial leverage is crucial in becoming rich despite the risks. He promotes the importance of building up an asset first to fund one’s liabilities instead of saving cash or relying on a salary from a traditional job.

According to John Reed, a real estate advisor: “‘Rich Dad, Poor Dad’ is one of the dumbest financial advice books I have ever read. It contains many factual errors and numerous extremely unlikely accounts of events that supposedly occurred.”


Interesting Facts and Insights about Robert Kiyosaki

  • Born: Robert Toru Kiyosaki was born in 1947, in Hilo, Hawaii, U.S.
  • Japanese: Kiyosaki is a third-generation Japanese American.
  • Parents: Kiyosaki’s father was an academic and educator, and his mother was a registered nurse.
  • High School: Kiyosaki attended Hilo High School and graduated in 1965.
  • Merchant Marine: Kiyosaki attended the United States Merchant Marine Academy in New York and graduated in 1969 as a deck officer with a Bachelor of Science degree and a commission as a 2nd Lt. in the U.S. Marine Corps.
  • Standard Oil: After graduating, Kiyosaki took a job with Standard Oil’s tanker as a third mate.
  • Vietnam War: Kiyosaki served as a helicopter gunship pilot during the Vietnam War in 1972.
  • Xerox: After being discharged from the Marine Corps in 1974, Kiyosaki took a job as a sales associate for Xerox 1978.
  • EST: Kiyosaki attended the Erhard EST seminars, which he says changed his life. An est website claims that it “brought to the forefront the ideas of transformation, personal responsibility, accountability, and possibility.”
  • Rippers: Kiyosaki started a company called “Rippers” in 1977. The company brought to market the first nylon and velcro wallets. The company eventually went bankrupt.
  • Retail Business: Kiyosaki then started a retail business that went bankrupt in 1980.
  • Education Business: In 1985, Kiyosaki cofounded the Excellerated Learning Institute, a business education company teaching entrepreneurship, investing, and social responsibility. In 1994, Kiyosaki sold the education company.
  • First Book: In 1992, Kiyosaki published his first book, “If You Want to Be Rich and Happy, Don’t Go To School.” The book encouraged parents not to send their children to college and instead to enter the real estate business.
  • Cashflow Technologies: In 1997, Kiyosaki launched Cashflow Technologies, Inc., a business and financial education company that owns and operates the “Rich Dad” and “Cashflow” brands.
  • Rich Global: In 2012, Kiyosaki’s company “Rich Global,” filed for bankruptcy.
  • Warning: In 2007, the Ohio State Division of Real Estate and Professional Licensing issued a statement warning people against some of the illegal methods preached by Kiyosaki in his books and seminars.
  • Criticism: According to John Reed, a real estate advisor, “Rich Dad, Poor Dad contains much wrong advice, much bad advice, some dangerous advice, and virtually no good advice.”
  • Investments: Kiyosaki operates business ventures and investments, mainly in the information technology, publishing, retail, education, mining, energy, financial market, and real estate industries.
  • Wealth: Kiyosaki’s estimated wealth is about US$80 million.
  • Home: Kiyosaki has lived in Phoenix, Arizona since 1994.

Career Advice Quotes by Robert Kiyosaki

“Your mentors in life are important, so choose them wisely.”

“If you want to go somewhere, it is best to find someone who has already been there.”

“The trouble with school is they give you the answer, then they give you the exam. That’s not life.”

“If you’ve failed, that means you’re doing something. If you’re doing something, you have a chance.”

“People need to wake up and realize that life doesn’t wait for you. If you want something, get up and go after it.”

“In the real world, the smartest people are people who make mistakes and learn. In school, the smartest people don’t make mistakes.”

“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.”

“Winners are not afraid of losing. But losers are. Failure is part of the process of success. People who avoid failure also avoid success.”

“It’s not what you say out of your mouth that determines your life, it’s what you whisper to yourself that has the most power!”

“Everything the working class has been told to do, the rich do not do. That is my message.”

“If you realize that you’re the problem, then you can change yourself, learn something and grow wiser. Don’t blame other people for your problems.”

“In school, we learn that mistakes are bad, and we are punished for making them. Yet, if you look at the way humans are designed to learn, we learn by making mistakes. We learn to walk by falling down. If we never fell down, we would never walk.”


Business Advice Quotes by Robert Kiyosaki

“When times are bad is when the real entrepreneurs emerge.”

“A winning strategy must include losing.”

“Academic qualifications are important and so is financial education. They’re both important and schools are forgetting one of them.”

“A lot of people are afraid, to tell the truth, to say no. That’s where toughness comes into play. Toughness is not being a bully. It’s having a backbone.”

“It’s more important to grow your income than cut your expenses. It’s more important to grow your spirit that cut your dreams.”

“It’s easier to stand on the sidelines, criticize, and say why you shouldn’t do something. The sidelines are crowded. Get in the game.”

“Workers work hard enough to not be fired, and owners pay just enough so that workers won’t quit.”

“Business is like a wheelbarrow. Nothing happens until you start pushing.”

“Everyone can tell you the risk. An entrepreneur can see the reward.”

“Find the game where you can win, and then commit your life to play it, and play to win.”

“Making mistakes isn’t enough to become great. You must also admit the mistake, and then learn how to turn that mistake into an advantage.”

“Most people want everyone else in the world to change themselves. Let me tell you, it’s easier to change yourself than everyone else.”

“Always start at the end before you begin. Professional investors always have an exit strategy before they invest. Knowing your exit strategy is an important investment fundamental.”

“In today’s fast-changing world, it’s not so much what you know anymore that counts, because often what you know is old. It is how fast you learn. That skill is priceless.”


Financial Advice Quotes by Robert Kiyosaki

“If you want to be rich, think big, think differently.”

“Financial freedom is a mental, emotional and educational process.”

“The richest people in the world build networks. Everyone else is trained to look for work.”

“The primary difference between rich people and poor people is how they handle fear.”

“Money will never make you happy if you are an unhappy person.”

“To live a life dictated by the size of a paycheck is not really living.”

“The only difference between a rich person and poor person is how they use their time.”

“In today’s rapidly changing world, the people who are not taking risks are the risk-takers.”

“The philosophy of the rich and the poor is this: the rich invest their money and spend what is left. The poor spend their money and invest what is left.”

“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.”

“Before you can transform your wallet from poor to rich, you’ve got to transform your spirit from poor to rich.”

“The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth in what seems to be an instant.”

“Often, the more money you make the more money you spend; that’s why more money doesn’t make you rich – assets make you rich.”

“Most people never get wealthy simply because they are not trained to recognize opportunities right in front of them.”

“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.”

“Never say you cannot afford something. That is a poor man’s attitude. Ask HOW to afford it.”

“If you want to be rich, you need to develop your vision. You must be standing on the edge of time gazing into the future.”

“I have a problem with too much money. I can’t reinvest it fast enough, and because I reinvest it, more money comes in. Yes, the rich do get richer.”

“If you want to be financially free, you need to become a different person than you are today and let go of whatever has held you back in the past.”


“Your mentors in life are important, so choose them wisely.”

– Robert Kiyosaki

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“Learn to use your emotions to think, not think with your emotions.”

– Robert Kiyosaki

Robert Kiyosaki Inspirational Quotes

“Success is a poor teacher”

“F.O.C.U.S – Follow One Course Until Successful”

“The most life destroying word of all is the word tomorrow.”

“Don’t be addicted to money. Work to learn. don’t work for money. Work for knowledge.”

“Learn to use your emotions to think, not think with your emotions.”

“Don’t waste a good mistake… Learn from it.”

“You get one life. Live it in a way that it inspires someone.”

“Hoping drains your energy. Action creates energy.”

“Losers quit when they fail. Winners fail until they succeed.”

“The more a person seeks security, the more that person gives up control over his life.”

“The fear of being different prevents most people from seeking new ways to solve their problems.”

“Successful people don’t fear failure. But understand that it’s necessary to learn and grow from.”

“You’ll often find that it’s not mom or dad, husband or wife, or the kids that’s stopping you. It’s you. Get out of your own way.”

“In the real world, the smartest people are people who make mistakes and learn. In school, the smartest people don’t make mistakes.”

“There are those who make things happen, there are those who watch things happen and there are those who say ‘what happened?”

“The most successful people in life are the ones who ask questions. They’re always learning. They’re always growing. They’re always pushing.”


Books by Robert Kiyosaki

  • Rich Dad Poor Dad, by Robert Kiyosaki and Sharon Lechter, 1997
  • Cashflow Quadrant, by Robert Kiyosaki, 1998
  • Rich Dad’s Guide to Investing, by Robert Kiyosaki, 2000
  • The Business of the 21st Century, by Kim Kiyosaki and Robert Kiyosaki, 2010
  • Why We Want You to Be Rich: Two Men, One Message, by Donald Trump and Robert Kiyosaki, 2006
  • The Business School, by Robert Kiyosaki, 2001
  • FAKE: Fake Money, Fake Teachers, Fake Assets: How Lies Are Making the Poor and Middle Class Poorer, by Robert Kiyosaki, 2019
  • Retire Young Retire Rich, by Robert Kiyosaki, 2002
  • Rich Dad’s Increase Your Financial IQ: Get Smarter with Your Money, by Robert Kiyosaki,2008
  • Why The Rich Are Getting Richer, by Robert Kiyosaki, 2008
  • Midas Touch, by Donald Trump and Robert Kiyosaki, 2011
  • Who Took My Money? by Robert Kiyosaki and Sharon Lechter, 2004
  • The Real Book of Real Estate: Real Experts. Real Stories. Real Life, by Robert Kiyosaki, 2009
  • Second Chance: for Your Money, Your Life and Our World, by Robert Kiyosaki, 2015
  • Rich Kid, Smart Kid, by Robert Kiyosaki and Sharon Lechter, 2001
  • Unfair Advantage: The Power of Financial Education, by Robert Kiyosaki, 2010
  • Rich Dad’s Success Stories: Real Life Success Stories from Real Life People Who Followed the Rich Dad Lessons, by Robert Kiyosaki and Sharon Lechter, 2003
  • Rich Dad Poor Dad for Teens: The Secrets about Money–That You Don’t Learn in School! by Robert Kiyosaki, 2004
  • Rich Dad’s Before You Quit Your Job: 10 Real-Life Lessons Every Entrepreneur Should Know About Building a Multimillion-Dollar Business, by Robert Kiyosaki, 2005
  • Rich Dad’s Conspiracy of the Rich, by Robert Kiyosaki, 2009
  • If You Want To Be Rich & Happy Don’t Go To School: Insuring Lifetime Security for Yourself and Your Children, by Robert Kiyosaki, 1991
  • Why “A” Students Work for “C” Students and Why “B” Students Work for the Government: Rich Dad’s Guide to Financial Education for Parents, by Robert Kiyosaki, 2012
  • Cashflow: how to get out of the rat race, by Robert Kiyosaki, 2010
  • Rich Woman: A Book on Investing for Women, by Kim Kiyosaki and Robert Kiyosaki, 2006
  • Rich Dad’s Escape from the Rat Race: How To Become A Rich Kid By Following Rich Dad’s Advice, by Robert Kiyosaki, 2005
  • More Important Than Money: An Entrepreneur’s Team, by Robert Kiyosaki, 2017
  • Own Your Own Corporation, by Ann Blackman, Garrett Sutton, and Robert Kiyosaki, 2001
  • Reinventing the Entrepreneur: Secrets to How Technology Has Changed the World of Business, by Anik Singal and Robert Kiyosaki, 2016
  • Before You Quit Your Job: 10 Real-Life Lessons Every Entrepreneur Should Know About Building a Multimillion-Dollar Business, by Robert Kiyosaki, 2005
  • Rich Brother, Rich Sister, by Robert Kiyosaki, 2009
  • 8 Lessons in Military Leadership for Entrepreneurs, by Robert Kiyosaki, 2015
  • The Business School: The Eight Hidden Values of a Network Marketing Business, by Robert Kiyosaki and Sharon Lechter, 2004

Questions about Robert Kiyosaki


“Successful people don’t fear failure. But understand that it’s necessary to learn and grow from.”

– Robert Kiyosaki

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“Remember, your mind is your greatest asset, so be careful what you put into it.”

– Robert Kiyosaki

Robert Kiyosaki – Videos

RICH VS POOR MINDSET | An Eye-Opening Interview with Robert Kiyosaki

Robert Kiyosaki – Rich Dad, Poor Dad: How To Use Debt To Get Rich


“Successful people don’t fear failure. But understand that it’s necessary to learn and grow from.”

– Robert Kiyosaki

Image Credit: Gage Skidmore from Peoria, AZ, United States of America [CC BY-SA 2.0 (https://creativecommons.org/licenses/by-sa/2.0)]