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Rich Dad Poor Dad Scam: Is Robert Kiyosaki Scam?

The Rich Dad Poor Dad scam: Is Robert Kiyosaki scam or not? I’m assuming if you are reading this blog post, then you have heard or read Robert Kiyosaki’s book ‘Rich Dad Poor Dad‘ and you are wondering whether he is a scam or not.

In this blog post I will present a short review of Robert and his book that will give you third perspective to determine if he is worth following his advice so you can achieve a better financial future. So read on!

Rich Dad Poor Dad Scam: Is Robert Kiyosaki Scam…

I first heard about the book couple of years ago, I can’t remember exactly how. But what I do know when I heard the title of the book, I was very curious. So I read it. The underlying story of the book is that when Robert was still a kid/teenager, he had two choices to choose from, ones that would have a MONUMENTAL effect on his life.

You see his real father, labelled in the book as ‘poor dad’, had more of a poverty mentality that saw him stuck in a traditional cycle: Study hard, get a college education, find a secure job, work to make someone else rich, save for retirement, teach your kids to do the same thing.

Rich dad, the father of his friend, had a different mentality when it comes to wealth and money. He was actually on his way to build a very wealthy empire. Robert had basically to make a choice to who to listen to when it comes to wealth and he wisely chose his ‘rich dad’, a decision that saw him become on the most successful entrepreneurs in the world.

So conclusion number one: Rich dad poor dad scam? I don’t believe so. Robert Kiyosaki scam? I don’t believe so.

Rich Dad Poor Dad Scam: Is Robert Kiyosaki Scam…

The book also challenges the “Master Plan” and dogma that most people seem to be taken by. People are so brainwashed by the “Master Plan” that they find it hard to grasp when some other idea challenges it. Any belief or point of view that does not fit is labelled as ‘not possible’, scam, or being too skeptical about it.

What is the “Master Plan” you ask? Well, I’ve already mentioned it. It is the assumption that our educational system prepares us and our children to have real success in life, whether financial, spiritual, health or in relationships.

It is the fact that the majority of people assume to become financially successful you have to have as many degrees and doctorates as possible, find the best jobs and you are set. The reality is very far from the truth.

I say that from experience and other people’s experiences. People that I have met, people in the family, people that I work with on a daily basis.

I have Bachelor’s degree in Engineering, yet the best knowledge that I have learned about true success, I learned outside my ‘formal’ education. When people call me ‘crazy’ for leaving engineering to become my own creator of my life… they just do not understand, because it does not fit the “Master Plan”!

The book makes a very strong point about this as well as differentiate how the rich think and operate (why they get richer) and how the poor goes about it. When you understand that, it is quite clear why the rich get wealthier and the middle class and poor struggle. It is but their own thinking and habits.

Then of course, we run to the government to fix it and equalize wealth?!

So conclusion number 2: Rich dad poor dad scam? I don’t believe so. Robert Kiyosaki scam? I don’t believe so.

Rich Dad Poor Dad Scam: Is Robert Kiyosaki Scam…

The book also dives into the basic of financial thinking and the skills you need to make. It is really beyond this post to go into the details of that but I did want to mention one thing.

 

If there is anything that I got from this book and other books by Robert, it is that he truly wants to give information to people to help them on a path of more financial wealth for themselves.

For example, in one of his other books, Robert introduces the now famous cash-flow quadrant. He talks about four quadrants that show different ways to make money.

They were:

  1. Employee
  2. Self-employed
  3. Big Business
  4. Investor

Exchange Time For Money:

The employee and the self-employed (doctor, small business owners…) are in the active income quadrants. This means that they have to constantly exchange their time for money.

Generally the income that you earn relates to how much time you put in and we all know we only have 24 hours in a day. So the income is somewhat capped. In addition, what happens if you could not work anymore?

Leverage Other People’s Time And Money:

The other two, big business and investor, this is where you leverage your money, other people’s money and time to create a RESIDUAL income for yourself. This way you are not trading your time for money. The income potential here is uncapped!

If you want more in this life, these are the quadrants that you want to transition to. However, a lot of the people out there are caught in a rat race that is difficult to break.

I cannot remember if it was in this book or on of his other books, but Robert (and Donald Trump by the way) advocates that people should have a plan B and one of them is a Network Marketing business or known as MLM. I explain what MLM is in this post.port4shop (10)

 

 

This type of business is in the residual income quadrant, number 3 above, and is a great way for people to escape the rat race if they do not have a large capital, or want time freedom.

So conclusion number 3: Rich dad poor dad scam? I don’t believe so. Robert Kiyosaki scam? I don’t believe so.

Conclusion:

I truly believe that Robert Kiyosaki’s intention is the best for other people. Sure he makes money from it, but he deserves it. If you would like how to earn more money as per Robert’s and Donald’s MLM recommendation you can check this link out.

To your financial freedom!

Please do me a favor and share this content.

Click Here To See How You Can Work Create An Income In MLM While Working With Me.

Did you find this blog post valuable? If so, I would appreciate if you leave a comment below and share on Facebook.

To Your Success,

Work With Me - Nerium International

Image(s): FreeDigitalPhotos.net

PS: If you are struggling to get more leads, generate more cash and sign up more reps into your network marketing business, then I highly suggest you check this out.

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19 Responses to Rich Dad Poor Dad Scam: Is Robert Kiyosaki Scam?

  1. Alan January 14, 2012 at 3:16 PM #

    John, I must say that I am against posts that lead with the word “Scam”. They are designed to pull readers in from a negative standpoint and then during the supposed scam review, the author generally does a 180 and then sells the product or service to the reader! This has been done to MLM and Network Marketing many times over and is one of the reasons we get such a bum rap in the marketplace!

    Robert Kiyosaki is one of the most respected authors on the planet and I have read pretty much all of his books, except for three currently in my bookshelf that I will be reading this year and they are: Retire Young Retire Rich, Rich dad’s Conspiracy of the Rich and Increase Your Financial IQ. I would recommend to anybody wanting to expand their knowledge of the world of finance, money and investing to buy and read Robert’s books. I suggest you start with Rich Dad Poor Dad!

    I think you are doing a fantastic job with your blog, just keep doing more of what you have been doing without the hype!

    Keep Moving Forward!

    Alan

    • johnmoussan January 14, 2012 at 3:54 PM #

      Alan. Thanks for sharing your opinion and I respect that. I am testing a couple of things and yes it is something definitely worth to keep an eye out for in terms of the quality of readership. This post is directed to either educate skeptics and/or provide a third party view for people on the fence when it comes to Robert, because I love his books!

  2. Andy Techmeier January 14, 2012 at 7:10 PM #

    John,

    Nice article! I’ve read Rich Dad Poor Dad and it totally changed my perception of the world. I also read a few other books of his and have played the CashFlow game as well. I recommend people read “How to invest in Gold and Silver” by Mike Maloney, a Rich Dad advisor book.

    The one thing I really like about Robert Kiyosaki is his advocacy for educating yourself. Sure he has programs that are expensive to learn how to invest in various categories, but he also has a lot of books that you can read that don’t cost that much. And there is nothing stopping anyone from just running out, taking action, and learning on their own from their own experience. A wise person will tell you however, that having a mentor and coach can be very advantageous. You have to make the choice that works best for you and your budget.

    But whatever you do, keep reading, learning, and growing because it will only benefit you in life.

    Thanks for sharing!

    Andy

    • johnmoussan January 14, 2012 at 9:15 PM #

      Hey Andy, great to see you stop by and glad you liked it. Indeed Robert is a great inspiration to many and his knowledge is top notch. Thanks for also sharing some other sources for people to investigate.

  3. Preston Schumacher January 14, 2012 at 7:37 PM #

    Robert Kiyosaki is the man! He is one of the first people I started following that really opened my eyes to how the real world works.

    • johnmoussan January 14, 2012 at 9:15 PM #

      He is! Very different and empowering perspective that Robert gives.

  4. David Sharp January 14, 2012 at 9:01 PM #

    Great post John. In my own circle of influence out here among the ex pat community in Crete most folk have the ‘master plan’ mentality, unfortunately.

    Everyone is looking for someone else to support them be it employers, government or doctors and they cannot understand someone like me who believes in shaping their own future.

    I have to say that Robert Kiosaki is a great inspiration.

    Dave

    • johnmoussan January 14, 2012 at 9:18 PM #

      I totally understand. I know a lot of people like that some family, some friends and I totally respect their decision. When it comes to me and my future, here is a quote from the Secret: “Decide what you want .. believe you can have it, believe you deserve it, believe it’s possible for you” That is how I operate, and I am grateful for that.

  5. Viola Tam January 15, 2012 at 2:10 AM #

    Hi, John,

    Another excellent piece of blog post :) You are doing a lot of people a service by bringing up this important point.

    I have also seen many “Master Plan” followers ended up living an unfulfilled life, for the sake of getting enough pay. I only came to read Robert’s books because I have bumped into this industry! What an eye opener for me that I can take charge of my own destiny by shifting to the right hand side of the quadrant!

    As I advocate Robert’s idea, I have even been accused of being ‘irresponsible’ by suggesting to young people about possibly diverting from their university path!

    I’d also like to share a message about education revolution from Sir Ken Robinson. This amazing animated video clip explains why a paradigm change is needed.
    Here is the link: http://www.youtube.com/watch?v=zDZFcDGpL4U

    Viola Tam

    • johnmoussan January 16, 2012 at 5:08 PM #

      Thanks for your contribution Viola.

  6. Val Heisey January 15, 2012 at 8:33 PM #

    Hey John, thanks for highlighting the Kiyosaki principles, and the master plan mentality. I grew up with that mentality, and unfortunately, my kids had that instilled in them particularly from the high school they graduated from. If someone didn’t go on to college, people thought there was something wrong with that child.
    I have always had an entrepreneurial spirit. Always had my own thing going. Now I have this mobile dog grooming business that is killing me and I am looking forward to the day when I can sell it. When my home business is leveraged to where I can put down the scissors. Great post – love the website!

    • johnmoussan January 16, 2012 at 5:09 PM #

      Thanks Val. I am sure that with your attitude you will put those scissors down.

  7. Lilach Bullock January 16, 2012 at 7:52 AM #

    Thanks John, I love Robert Kiosaki’s books and would urge anyone in business or thinking about starting one to read his books – very inspirational and motivating but of course unless you take action nothing will happen:)

  8. Susan Marie Lynch January 22, 2012 at 8:55 AM #

    Thanks for sharing I truly think Robert and his wife Kim are truly amazing I have learned a lot over the years form both of them I have meet them both and they are truly amazing. Love your blog come connect with me on Facebook .

    • johnmoussan January 24, 2012 at 12:11 PM #

      Susan, I appreciate you dropping by and sharing your experience meeting the rich dad. They are filled with great wisdom and knowledge. I looked you up on facebook, did not get anything.. not sure what is going on, feel free to add me. Great!

    • johnmoussan June 14, 2012 at 10:09 AM #

      Hey Susan, thanks for stopping by. I love Robert and Kim they are awesome. Sorry for the late reply.

  9. Nick February 19, 2012 at 6:18 AM #

    I like his first book the best. It’s called, “If You Want to be Rich and Happy, Don’t Go to School.”

    It never became as popular as the “Rich Dad” series, but in my opinion, this was his best writing. It really goes into depth about how the current educational system is broken and doesn’t prepare our children (or us) properly.

    • johnmoussan February 19, 2012 at 3:36 PM #

      Thanks for sharing Nick and stopping by!

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