I read his books Rich Dad Poor Dad and Cashflow Quadrant and got excited - signed up for his coaching program - why oh why didn’t I know the difference between a coach and a mentor? If you need inspiration and accounting training - go for it - if not …your choice
IMHO, Kiyosaki’s books and courses are useful to “get your mind
right”, out of the employee mindset and into the investor/
I purchased “Rich Dad’s Road to Riches” course, and I found it to
be an odd mix of very general philosophy about RE investing, and
then very specific tenant handling information. There was almost
nothing about the in-between part. In short, it wasn’t very helpful.
I like his books much better, especially for the price!
I also have the board game “Cashflow 101”. This is a really fun,
well-thought out game. I think it’s particularly good for children,
probably age 12 and up. It demonstrates the strategy needed to
get out of the “rat race” very well. I think it helps everyone start
thinking about money as a concept that can be manipulated,
rather than a force that jerks you around (if that makes any
Have listened to some of his stuff, definately comes across to me as more of a marketer than anything else… he created a nice hook with his rich dad, poor dad characatures, but that’s about it. What I have heard of his doesn’t leave me impressed.
As far as RK’s techniques, he doesn’t disclose them. I believe he made his money selling books and courses with a bit of real estate thrown in. Not to say that there isn’t anything to be gained from his literature, but I would only use it to foster a frame of mind, not a blueprint.
I agree. Was jumping on an airplane and saw his “Retire Young, Retire Rich” book at the airport bookstore and bought it. I’m about half way through. Somewhat inspirational. But he even states up front that you will learn no technigues from the book … just develop an entreprenure mindset.
He says that REI is only one of many businesses. It won’t surprise you that publishing is also one of his businesses.
As long as you understand the above before you buy, I would recommend it.