Man I love this guy, I knew he was awesome when reading his book, but after seeing this interview I can say he's three times as awesome as I thought he was.
Robert Kiyosaki has helped me sleep during this difficult economic era. Just the simple concepts can make a huge difference in your life if you just apply them to your life.
Woo! I'm 19 years old and finishing 'Rich Dad Poor Dad'. Though I'm only 19 years old, I'm already noticing (progressive) change in my life. And, it's so refreshing to finally hear a rich man mention the ill will of J. D. Rockefeller and the government. Thank you Mr. Kiyosaki!
Thank you Robert for Rich Dad Poor Dad, that book changed my life. It made me understand why I must take action NOW to better my future. You are incredible Thanks again, Frank Hanserd
Yeah! I loved it. Some say his lack of "direct" advice (ie. specific) is a problem but that's beyond stupid. The business names/dates/values shift every second as do opportunities but theories, guidelines, and methods prove the test of time. Excellent stuff.
Robert Kiyosaki's work is amazing. We need to get educated on what is going on in our financial world. As an educator/mentor, I am sadden to see that there is no financial education for students in conventional schools. Financial education and knowledge is key for a future.
wow, Robert i praise your HARDCORE HONESTY,,,, i am not disciplined enough yet to the level of your hardcore honesty but as you said i will not quit until i achieve the rich mentality,,,great common sense. Thank you for posting
Mr. Kiyosaki never ceases to enlighten me. He is a world of wisdom in the financial literacy realm. I love the fact that although he is very wealthy and successful, he continues to seek advice from other mentors. awesome.
It's great to know where people stand! Robert is Bold and Simple! It's all about becoming more responsible about our own futures and famlies! He is right on: "Determination, Discipline, Drive, Correction, and of course .. Can't quit!"
Being an entrepreneur isn't for everyone, that's for sure. I know from bitter experience. If I could go back in time, I wouldn;t quit my job. I had an okay salary, so I could've lived more modestly and invested in gold & silver. But noooo, I had to act all macho and wham! now I'm in the shit. I admire Robert, but there are many ways to financial independence. But he's right that entrepreneurs cannot afford to be whimpy.
I really like this guy. He not only tells it how it is, but he's a likable common sense kind of dude. I'll have to read his new book, sounds interesting. Anyone else read it yet?
It's definitely not a liability. Houses can appreciate in value, they provide shelter, and increase your standard of living. The top 1% control 95% of the wealth in this country. Very few of us are "rich" my friend.
this dude is right. Man mentors, mentors, mentors. Every sports great says this too they all found a mentor. Someone who was actually doing it. Russell Simmons says same thing in his book about rappers. You got to leave the "shelter" of the small towns or "small minded" usually poor folks. And go to where the action is. Just look around 90% people just stay in their rut. No risk=No reward. The best mentors are usually where action is going on. like below no one says it cause it aint Pleasing.
@halflinks I saw the videos where Kiyosaki promotes silver and network marketing, big deal. What I'm saying is that there is more to the man than just real estate, MLM, and silver He might promote a few strategies, but he primarily promotes a different way of thinking about money that people with the employee mindset often don't consider. He DOES NOT tell people to just do some strategy he believes in or came up with. He encourages people to think up there own unique asset building strategies.
In 2007, I joined my first Company Wipro Tech, Bangalore. At that time, I heard about Warren Buffet from my friend, he said "Warren Buffet is investing in Stocks right when he was 17". It's very very Pathetic for me to come back to this great Human Being "Robert Kiyosaki" in April 2024 after 17 long years of Pathetic Life. My life stumbled upon various Personal and Professional Issues, I came across 3 all time great personalities in Life, if you follow them, you at least can save your face rather beaten down very badly. 1. Manthena Satya Narayana, naturopathy 2. Prophet Muhammad Peace be upon Him 3. Robert Kiyosaki Personal Finance Planner Round of Applause to all of them
Absolutely butt kicking stuff! And for all the commenters below me saying "well...not EVERYONE can be rich" that may be true but c'mon lets shift the balance alittle bit! we're always gonna need janitors and nurses but right now 2% of the US population have more money than the rest of the 98% COMBINED. Its not about everyone being rich its about consciousness of which side do you wanna be on. I'll make the choice for me :)
Assets can create expenses. Any remedial finance course will tell you this. Buildings are necessary for most companies to operate yet they incur expenses such as utilities, rent and general upkeep. Vehicles are also necessary yet they require fuel and upkeep. You seem to be misinformed on what an asset actually is; assets provide value (not just monetary) and liabilities are what you owe to someone else (again, not just monetary).
I really don't know if people can manage to make a startup. Somehow I don't think EVERYONE can make one - there would be no employees left :) I say "go for what is natural for you". I have a natural ability to write (both fiction and nonfiction), so I'm focusing on writing books. Do what best fits you to generate a passive income.
I can tell you from experience, I'm 28...I wish I would have been exposed @ ur age. My advice to u would go out there create experience and make mistakes, not drastic ones, but just honing your skills...I would suggest meeting people as many ppl as you can,(so u can hang out and associate w/ successful/rich ppl learning social skills, body language, etc. and just work hard. For me I went searching for spiritual truth,now I'm gaining financial truth.everything is a part of your journey.GOOD LUCK
@anonymousQ45 He states in his book at the begining he does get a job and builds credit up a bit to get a credit card then started purchasing small appartment complexes. And continued this trend till he generated enough revanue to purchase more assents with only the generated revinuese itself. The point is to learn to manage and to keep building up and always purchase for long term. Don't flip and you skip a lot of the insane tax codes.
Inflation is mostly because of increases in the money supply through debt & asset bubbles and debasing your currency. If higher taxes make you increase your prices, and I'm still earning the same, unless I borrow to buy from you, I'm not going to. Taxes are mega-lower than what they were in previous decades, and though some of that slack was taken up again with increased regulation, businesses still have more money to play with than they did back then.
There is no soubt you are right in a sense that economic condition affects every one. Yet, personal responsability and the right philosophy will bring you to riches in every place. not every one, but you. yes, in a bad economy many will be poor. but not you
both my business partner and I started our real estate ventures with rich dad poor dad. now we are both investors and run an investment club in san diego called "for investors by investors", we appreciate what robert had taught us and we want to give back to the community. thanks Robert. -SanDiegoInvestmentClub com
i cant believe peoples comments on here generally, they're so jealous!!! i have a disability so i can't work yet the government won't give me any benefits because most of the time i can walk, despite not being able to stand for long so i started to listen to people like Robert and now i have over 1M in housing assets which should keep me in my old age (i started with 100% mortgage by the way and let out my properties)...
@CartoonPoem He's inspired me to learn about and teach others about money, the federal reserve system, investments, taxes, debt, inflation, assets/liabilties etc. All it cost me was purchasing a few books and I got rich dad poor dad at good will for 75 cents. College I still owe $30k plus interest for 30 years and I bet those books do me more good in the long run. Using financial knowledge I've paid off 10k in consumer debt this year with no money of my own.. not bad for starting out.
you mean like hanging out at golf clubs? maybe being a caddy for someone. I have been trying to meet people and its helping. I'm learning about the stock market and fortunatley I have lots of people who know what there doing and i turn to my mom for real estate questions since she is a investor herself. thanks for giving me advice=]
Robert nails it. It really is just a simple choice. What side are you on? No retirement plan for me. I am in complete control and will never live life the traditional route! Take control of your Life!
@Soulflyz78 I agree of course, both in the battling TAX, DEBT, INFLATION, and 401K, and also in the building fortune versus surfing the chech to check active income. It is just that the realy poor are certainly not poor because of TAX, DEBT, INFLATION, or 401K. and it is strange to see the Kiyosaki make such a blunder!
As opposed to what? Not trying to be combative--just trying to understand. In terms of wealth building: renting a $2,000/month place, or have a $2,000/month mortgage payment on a place... after ten years say, you'll have something to show in the latter case. What's the alternative?
@greatbritain22 I'm 18 and glad I'm learning this at a young age. I have a realistic goal to be financially free by the age of 30 (halfway through through the 1st quarter).
If the thought of working 8+ hours a day, 5+days a week for 40+ years of your life with nothing to show when you retire but debt frightens you, then it might help to listen to what this guy has to say
A high standard of living is not considered an asset buddy. Very simple formula so you don't make such a misconception in the future: An asset puts money IN your pocket, a liability takes money OUT of your pocket. So if you are living in your home, and you are taking out of pocket expense such as mortgage, taxes, insurance AND maitenance, than your house is NOT an asset, it is a liability.
![Lp. Последняя Реальность #107 РОДНОЙ ДОМ [Финал] • Майнкрафт](http://i.ytimg.com/vi/IK3QKzKUlHM/mqdefault.jpg)
Speaks the truth. I have a degree in Finance. Little to Nothing of what Kiyosaki talks about is in formal education.
Im blessed to come upon his teachings
I was a marine combat veteran and am glad this guy is successful
I love how he makes a joke about George Bush and then proceeds to imitate his laughter.
Robert kiyosaki thank for your book. 👍👍
Man I love this guy,
I knew he was awesome when reading his book, but after seeing this interview I can say he's three times as awesome as I thought he was.
Robert Kiyosaki has helped me sleep during this difficult economic era. Just the simple concepts can make a huge difference in your life if you just apply them to your life.
Immediately favorited before watching.
love KIyosaki, has changed my life!
His teachings are next to none, some great content.
Thanks for sharing,have subbed :)
Woo! I'm 19 years old and finishing 'Rich Dad Poor Dad'. Though I'm only 19 years old, I'm already noticing (progressive) change in my life. And, it's so refreshing to finally hear a rich man mention the ill will of J. D. Rockefeller and the government. Thank you Mr. Kiyosaki!
this interview is awesome!
Gotta love this guy. He speaks from the heart and pulls no punches.... :-)
Another great video from the legend!
The stock FITX, let's start a stock revolution, buy and hold it so we force the stock up! Thumbs up if you are in!
thanks for the post!
Great advice Robert!
Best part of the video is 0:14 when interviewer pronounced Ajay Gupta as AJ Gupta.
Excellent stuff
Thank you Robert for Rich Dad Poor Dad, that book changed my life. It made me understand why I must take action NOW to better my future. You are incredible Thanks again,
Frank Hanserd
Yeah! I loved it. Some say his lack of "direct" advice (ie. specific) is a problem but that's beyond stupid. The business names/dates/values shift every second as do opportunities but theories, guidelines, and methods prove the test of time. Excellent stuff.
Robert Kiyosaki's work is amazing. We need to get educated on what is going on in our financial world. As an educator/mentor, I am sadden to see that there is no financial education for students in conventional schools. Financial education and knowledge is key for a future.
wow, Robert i praise your HARDCORE HONESTY,,,, i am not disciplined enough yet to the level of your hardcore honesty but as you said i will not quit until i achieve the rich mentality,,,great common sense. Thank you for posting
best interview ever
Awsome!
That will likely go down as my inspirational quote of the year. My only complaint is that UA-cam only permits me to favorite a video one time.
Kiyosaki is not a guru, a guru is fake. Kiyosaki is legitimate
he changed my outlook of financial world.He is my Tutor.I implemented what he taught n things start to change.
Mr. Kiyosaki never ceases to enlighten me. He is a world of wisdom in the financial literacy realm. I love the fact that although he is very wealthy and successful, he continues to seek advice from other mentors. awesome.
Sot on Robert...Thank you!
It's great to know where people stand! Robert is Bold and Simple! It's all about becoming more responsible about our own futures and famlies! He is right on: "Determination, Discipline, Drive, Correction, and of course .. Can't quit!"
this guy is awesome!!
AWESOME
3:01 "Hell NO" - Robert Kiyosaki
Robert is the man, I so take everything he says!
Being an entrepreneur isn't for everyone, that's for sure. I know from bitter experience. If I could go back in time, I wouldn;t quit my job. I had an okay salary, so I could've lived more modestly and invested in gold & silver. But noooo, I had to act all macho and wham! now I'm in the shit.
I admire Robert, but there are many ways to financial independence. But he's right that entrepreneurs cannot afford to be whimpy.
I really like this guy. He not only tells it how it is, but he's a likable common sense kind of dude.
I'll have to read his new book, sounds interesting. Anyone else read it yet?
I love robert kiyosaki! He speaks the truth. A great man. Bless his heart
It's definitely not a liability. Houses can appreciate in value, they provide shelter, and increase your standard of living. The top 1% control 95% of the wealth in this country. Very few of us are "rich" my friend.
Speechless...i just do not know what to say...this guy is really a gift to the world...
I level of respect for this man just bounded to a new level.
Yes.
this dude is right. Man mentors, mentors, mentors. Every sports great says this too they all found a mentor. Someone who was actually doing it. Russell Simmons says same thing in his book about rappers. You got to leave the "shelter" of the small towns or "small minded" usually poor folks. And go to where the action is.
Just look around 90% people just stay in their rut. No risk=No reward. The best mentors are usually where action is going on. like below no one says it cause it aint Pleasing.
Nice Robert!
Bluemor Blaze loves you.
Robert is the man!!!, he has insight and the message we need to be successful.
We must educate ourselves and our children. The west is done!!!
John Treed does a good job on his website, highlighting the flaws and factual errors in some of his previous books.
YOU HIT IT ON THE SPOT ROBERTS
I love it!
You can't quit!
You wanna become rich, go hang out with rich people!
Yeah! Love it!
KIYOSAKI FOR UNITED STATES TREASURER!
LOL That why I like this guy. He tell you the truth, many may not like hearing it but its the truth.
My MAIN MAN!!
Tell it like it is!
4:40 until end, Kiyosaki became my hero
I love how strait to the ponit Kiyosaki is.
Ông ấy đã cho tôi tầm nhìn và sự hiểu biết khi kinh doanh cùng Amway
This man really knows his shit and if anyone critisizes they need a job.
Was that a bark at 2;22 ?
@halflinks I saw the videos where Kiyosaki promotes silver and network marketing, big deal. What I'm saying is that there is more to the man than just real estate, MLM, and silver He might promote a few strategies, but he primarily promotes a different way of thinking about money that people with the employee mindset often don't consider. He DOES NOT tell people to just do some strategy he believes in or came up with. He encourages people to think up there own unique asset building strategies.
In 2007, I joined my first Company Wipro Tech, Bangalore. At that time, I heard about Warren Buffet from my friend, he said "Warren Buffet is investing in Stocks right when he was 17". It's very very Pathetic for me to come back to this great Human Being "Robert Kiyosaki" in April 2024 after 17 long years of Pathetic Life.
My life stumbled upon various Personal and Professional Issues, I came across 3 all time great personalities in Life, if you follow them, you at least can save your face rather beaten down very badly.
1. Manthena Satya Narayana, naturopathy
2. Prophet Muhammad Peace be upon Him
3. Robert Kiyosaki Personal Finance Planner
Round of Applause to all of them
nice
Absolutely butt kicking stuff! And for all the commenters below me saying "well...not EVERYONE can be rich" that may be true but c'mon lets shift the balance alittle bit! we're always gonna need janitors and nurses but right now 2% of the US population have more money than the rest of the 98% COMBINED. Its not about everyone being rich its about consciousness of which side do you wanna be on. I'll make the choice for me :)
The truth about money !
.... i was wondering the same thing.
haha 2:21 hilarious! robert is beast!! i want to be financial blessed as he is !!! build up my wealth stand next to billgates
I want him to be my mentor. He is just awsome!
Assets can create expenses. Any remedial finance course will tell you this. Buildings are necessary for most companies to operate yet they incur expenses such as utilities, rent and general upkeep. Vehicles are also necessary yet they require fuel and upkeep. You seem to be misinformed on what an asset actually is; assets provide value (not just monetary) and liabilities are what you owe to someone else (again, not just monetary).
It's right!
i agree to this man.
I really don't know if people can manage to make a startup. Somehow I don't think EVERYONE can make one - there would be no employees left :)
I say "go for what is natural for you". I have a natural ability to write (both fiction and nonfiction), so I'm focusing on writing books. Do what best fits you to generate a passive income.
I agree with everything he said in this interview. What a badass.
I can tell you from experience, I'm 28...I wish I would have been exposed @ ur age. My advice to u would go out there create experience and make mistakes, not drastic ones, but just honing your skills...I would suggest meeting people as many ppl as you can,(so u can hang out and associate w/ successful/rich ppl learning social skills, body language, etc. and just work hard. For me I went searching for spiritual truth,now I'm gaining financial truth.everything is a part of your journey.GOOD LUCK
@anonymousQ45 He states in his book at the begining he does get a job and builds credit up a bit to get a credit card then started purchasing small appartment complexes. And continued this trend till he generated enough revanue to purchase more assents with only the generated revinuese itself. The point is to learn to manage and to keep building up and always purchase for long term. Don't flip and you skip a lot of the insane tax codes.
Inflation is mostly because of increases in the money supply through debt & asset bubbles and debasing your currency. If higher taxes make you increase your prices, and I'm still earning the same, unless I borrow to buy from you, I'm not going to. Taxes are mega-lower than what they were in previous decades, and though some of that slack was taken up again with increased regulation, businesses still have more money to play with than they did back then.
There is no soubt you are right in a sense that economic condition affects every one.
Yet, personal responsability and the right philosophy will bring you to riches in every place.
not every one, but you. yes, in a bad economy many will be poor. but not you
both my business partner and I started our real estate ventures with rich dad poor dad. now we are both investors and run an investment club in san diego called "for investors by investors", we appreciate what robert had taught us and we want to give back to the community. thanks Robert.
-SanDiegoInvestmentClub com
i cant believe peoples comments on here generally, they're so jealous!!! i have a disability so i can't work yet the government won't give me any benefits because most of the time i can walk, despite not being able to stand for long so i started to listen to people like Robert and now i have over 1M in housing assets which should keep me in my old age (i started with 100% mortgage by the way and let out my properties)...
being WAPAKANU is the ultimate goal of financial education.......
@CartoonPoem He's inspired me to learn about and teach others about money, the federal reserve system, investments, taxes, debt, inflation, assets/liabilties etc. All it cost me was purchasing a few books and I got rich dad poor dad at good will for 75 cents. College I still owe $30k plus interest for 30 years and I bet those books do me more good in the long run. Using financial knowledge I've paid off 10k in consumer debt this year with no money of my own.. not bad for starting out.
you mean like hanging out at golf clubs? maybe being a caddy for someone. I have been trying to meet people and its helping. I'm learning about the stock market and fortunatley I have lots of people who know what there doing and i turn to my mom for real estate questions since she is a investor herself.
thanks for giving me advice=]
iani1051989
"When we are no longer able to change a situation, we are challenged to change ourselves.”
~Viktor Frankl
He speaks the truth.
Robert nails it. It really is just a simple choice. What side are you on? No retirement plan for me. I am in complete control and will never live life the traditional route! Take control of your Life!
LOL. Robert said 'Pussies'. haha.
tama eh!!!!!
@Soulflyz78
I agree of course, both in the battling TAX, DEBT, INFLATION, and 401K, and also in the building fortune versus surfing the chech to check active income.
It is just that the realy poor are certainly not poor because of TAX, DEBT, INFLATION, or 401K.
and it is strange to see the Kiyosaki make such a blunder!
Was that a bark at 2:22 ?!?!
@greatbritain22 i agree with you i think that Reed was to critic and couldn't see the whole picture behind his work
2:30 - 2:45 music to my libertarian ears! :))
KIYOSAKI IS THE MAN!!!
@brood1986
that was the BEST line!
3:36 classic.
hard to come by though...
i have my own Poor dad
Robert Kiyosaki is my own RICH DAD
thank you thank you and thank you that all i have to say to Mr.Robert
I'll be delighted to have you as my friend as our interests are similar.
LIFE IS INTOLERABLE IF YOU'RE NOT WEALTHY!
I like to see financial education in schools. However, judging that most universities teach Keneysian economics, I don't see this working out..
best book au monde
As opposed to what? Not trying to be combative--just trying to understand. In terms of wealth building: renting a $2,000/month place, or have a $2,000/month mortgage payment on a place... after ten years say, you'll have something to show in the latter case. What's the alternative?
"Is there anyway the government can help this?" and the response is 2:21
@greatbritain22 I'm 18 and glad I'm learning this at a young age. I have a realistic goal to be financially free by the age of 30 (halfway through through the 1st quarter).
If the thought of working 8+ hours a day, 5+days a week for 40+ years of your life with nothing to show when you retire but debt frightens you, then it might help to listen to what this guy has to say
A high standard of living is not considered an asset buddy. Very simple formula so you don't make such a misconception in the future:
An asset puts money IN your pocket, a liability takes money OUT of your pocket.
So if you are living in your home, and you are taking out of pocket expense such as mortgage, taxes, insurance AND maitenance, than your house is NOT an asset, it is a liability.