Nico3)"Mindset Makeover A Report on Kiyosaki's Game-Changing Motivational Talks"

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In this Video, We Will Talk About "Mindset Makeover A Report on Kiyosaki's Game-Changing Motivational Talks" 

Early Life and Influences

Born into a Japanese-American family, Kiyosaki’s early life was marked by a unique blend of educational and entrepreneurial influences. His formative years were shaped by two father figures — his biological father, a well-educated man who struggled financially, and his friend’s father, a successful entrepreneur who became Kiyosaki’s “Rich Dad.” This duality laid the foundation for his future perspectives on wealth and education.

Rich Dad Poor Dad: A Financial Education Cornerstone

Kiyosaki’s most famous work, “Rich Dad Poor Dad,” published in 1997, challenges conventional wisdom about wealth, arguing for the importance of financial education over traditional academic pathways. The book contrasts the lessons from his two fathers and promotes the idea of financial independence through real estate, owning businesses, and using finance as a tool for growth.

Beyond the Book: Expanding His Influence

Kiyosaki’s career extends beyond his bestselling book. He has authored numerous books, created educational programs, and participated in speaking engagements worldwide. His teachings often emphasize entrepreneurship and skepticism of traditional employment and saving methods.

Criticism and Controversy

While Kiyosaki’s ideas have garnered a substantial following, they have not been without criticism. Skeptics question the feasibility of his advice for average individuals and highlight the risks involved in his recommended strategies. Additionally, some of his business ventures have faced legal challenges, adding a layer of controversy to his career.

Legacy and Current Endeavors

Despite the controversies, Kiyosaki’s impact is undeniable. He continues to be an active voice in financial discourse, advocating for financial literacy as a key to personal freedom. His legacy lies in encouraging a shift in how people view money, investment, and work, urging a more proactive and informed approach to decision-making.

Robert Kiyosaki Quotes on Success

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

When I started my last business, I didn’t receive a paycheck for 13 months. The average person can’t handle that pressure.

God does not deem you to be lucky or unlucky… your mindset does.

If you are not successful, that means you’re not making enough mistakes.

Most people know how to set goals; few know how to achieve them.

If you avoid failure, you also avoid success.

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

Don’t stop trying, learning, fighting, experimenting, doing, until the miracle happens.

Robert Kiyosaki Quotes on Entrepreneurship

Being an entrepreneur is not a get-rich scheme; it takes strength of character to keep going.

Rather than risk starting their own businesses, most people seek safer environments, preferring job security to freedom and a steady paycheck to greater wealth. Their fear of failing is greater than the joy of freedom.

Starting a business is like jumping out of an airplane without a parachute. In mid-air, the entrepreneur begins building a parachute and hopes it opens before hitting the ground.

Don’t just try to find great opportunities. Find an opportunity and make it great.

You must fire bad customers just as you would fire a bad employee. If you do not get rid of your bad employees, the good employees will leave. If I do not fire bad customers, not only will my good customers leave but many of my good employees will leave as well.

Other important Quotes by Robert Kiyosaki

Learn how to learn, then learn what to learn 

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

The better you are at communicating, negotiating, and handling your fear of rejection, the easier life is. 

What you think about me is not my business the important thing is what I think about myself. 

Negative thoughts are not protecting you. They are making you smaller. 

Inside each of us is a David and a Goliath. 

You don’t achieve success by “taking it easy” or “working on it later.” You achieve it through persistence and hard work. 

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

Great opportunities are not seen with your eyes. They are seen with your mind. 

The losers in life think they have all the answers. They can’t learn because they’re too busy telling everyone what they know. 

French fries kill more people than guns and sharks, yet nobody’s afraid of French fries. 

Education is cheap; experience is expensive 

Selling is the most important skill for an entrepreneur. I’m not talking so much about selling a product so much as selling yourself, team, and deals. 

Talk is cheap. Learn to listen with your eyes. Actions do speak louder than words. Watch what a person does more than what he says. 

Be careful who you get advice from. I get advice from people who are where I want to be. 

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. 

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. 

It’s not who was right or who was wrong when a mistake was made. It’s about who learned from it. 

They start working for him every Sunday, and at the age of 9 learn what it is like to live as an average adult – earning money and spending it. Rich dad advises them to use their head over emotions when it comes to money.

Robert speaks about, as he says, ‘rule number one and the only rule’, which goes as follows “You must know the difference between an asset and a liability, and buy assets”. 

 

This chapter contains simple drawings explaining the basics of cash flow, income statements, and balance sheets.

suggests that a person should focus on increasing their assets and in that way “work for themselves”, instead of working and earning money for someone else their whole lives (for employer, government, bank).

talks about the history of taxes and how understanding that concept and making it work to one’s advantage makes the difference between the rich and poor or middle class. 

 

The importance of financial IQ is also mentioned and it is based on four areas: accounting, investing, understanding markets, and the law. 

Robert explains how even “risky” investments are not gambling if one knows what they are doing; it becomes gambling “if you’re just throwing money into a deal and praying”. 

He argues that financial intelligence is knowing how to take good opportunities that come your way. 

 

Kiyosaki also talks about cash flow, the investment game he came up with in order to make investing easier to comprehend for people with different backgrounds

describes how knowing a little bit about a lot is better than specializing in just one thing. 

 

Kiyosaki notes that the main management skills needed for success are management of cash flow, management of systems, and management of people.

states five reasons why even financially literate people might not acquire assets that will produce a satisfying cash flow.

    Fear. Overcoming fear is learning how to manage it and accept failure. Kiyosaki suggests that losers avoid failing, while failure turns losers into winners.

 

    Cynicism. The best way to defeat cynicism is to analyze because by doing so, we identify opportunities that critics most likely miss.

 

    Laziness. Instead of being lazy and saying we cannot do something, one should be a little greedy by searching for answers and solutions to their issue.

 

    Bad habits. The solution for bad habits is the motivation that fuels us to work harder and be smarter when it comes to money.

 

 

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