Posted by Susan on October 30, 2003 at 12:13:11:
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
Kiyosaki course? - Posted by Jim L.
Posted by Jim L. on October 28, 2003 at 12:02:51:
Any opinions on the Kiyosaki course? I’m looking for materials that are constructive for a beginner. How do his materials rate?
Re: Kiyosaki course? - Posted by duffie
Posted by duffie on October 28, 2003 at 12:16:42:
I have the “Choose to Be Rich” home study course. I have been very pleased with it. Following the techniques I have acquired several pieces of Real Estate with using none of my own money.
Re: Kiyosaki course? - Posted by duffie
Posted by duffie on October 28, 2003 at 12:15:56:
I have the “Choose to Be Rich” home study course. I have been very pleased with it. Following the techniques I have acquired several pieces of Real Estate with using none of my own money.
Re: Kiyosaki course? - info - Posted by mattc - mi
Posted by mattc - mi on October 28, 2003 at 13:08:41:
Duffie,
Thanks. I am a great admirer of RK. I have read
5 of his books this year, beginning with RDPD, and
this brought me to CREO and other sites.
If you wouldn’t mind, could you tell us what methods
he uses for buying RE? Straight buys and then rent
it out - or other techniques?
TIA,
mattc - mi
Re: Kiyosaki course? - info - Posted by Elizabeth-NO
Posted by Elizabeth-NO on October 31, 2003 at 11:26:40:
IMHO, Kiyosaki’s books and courses are useful to “get your mind
right”, out of the employee mindset and into the investor/
entrepreneur mindset.
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
sense).
Good luck!
Elizabeth
Re: Kiyosaki course? - info - Posted by Sean
Posted by Sean on October 29, 2003 at 11:31:41:
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.
Re: Kiyosaki course? - info - Posted by Brent
Posted by Brent on October 29, 2003 at 01:10:45:
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.
thanks - Posted by mattc - mi
Posted by mattc - mi on November 01, 2003 at 17:00:46:
Thanks Elizabeth.
I think his books are good starting points for the
concepts too.
Re: Kiyosaki course? - info - Posted by Scott
Posted by Scott on October 29, 2003 at 21:58:19:
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.