In the following section, I’ll discuss some concepts in this book are questionable. This is a smart approach, but some people might consider it a scam or an unethical tactic. It seems that Robert presents it as a real-life story to make it more persuasive. Moreover, some commentators have pointed out that Kiyosaki’s “Rich Dad” story may be fictionalized. Rich Dad Poor Dad has been criticized by many commentators for promoting several misconceptions mentioned in the book, and some figures are overstated. You will not learn a business model that you can start to make money. It’s more about cultivating a rich mindset. In fact, the book doesn’t teach you anything practical. You cannot become rich by simply reading this book. There are valuable insights, but it’s not a bible for achieving financial success. Kiyosaki discusses six lessons he learned from his Rich Dad in the first six chapters, which make up around two-thirds of the entire book. In the book, Kiyosaki describes how Rich Dad made money and what mistakes Poor Dad made. He believed in learning how money works and making it work for you.Īlthough Rich Dad was an eighth-grade dropout, he eventually became a millionaire through his financial acumen. Rich Dad believed that financial education is essential for making money work for you. Kiyosaki’s best friend’s father was the Rich Dad. However, Poor Dad failed to make good money despite having all these good qualities. The poor father believed that hard work would lead to good grades and a meaningful job. Kiyosaki’s biological father, Poor Dad, was a highly intelligent and very well-educated man.
The life of Robert Kiyosaki, the author of Rich Dad Poor Dad, was shaped by two influential fathers. To support his claims, he points to his highly successful career as an investor and his ability to retire young at the age of 47. Instead, he claims to provide you with the knowledge that the upper-class passes on to their children for becoming and staying rich. The author claims to teach you the things that were never taught in school. Rich Dad Poor Dad is a book that explores the steps to becoming financially independent and wealthy by combining autobiography and personal experience.
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