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Lessons from Rich Dad Poor Dad New Facts, Updated QnA

I know many of you are curious to know about ’10 lessons from rich dad poor dad’. I am curious about it too. Why we should not be this much curious to know about this when Rich Dad Poor Dad is an amazing book written by Robert T. Kiyosaki. In this article, we are going to give you all the information related to the book ‘Rich Dad Poor Dad’. In this article, the lessons from the book will be available too.

So, stay tuned with the ongoing amazing article which contains all the information and gets all the other information over it. So, without wasting much more time and making you more curious we should start this fantastic article.

rich dad poor dad

About the writer of the book ‘Rich Dad Poor Dad’

The famous book ‘Rich Dad Poor Dad’ has been written by Robert T. Kiyosaki. Robert has been a famous entrepreneur, an investor, an author, and a popular motivational speaker too by his profession.

Through his writing skills, he had changed the views of many people regarding money. Even being bankrupt he did not stop and started teaching people about how not to become poor. Being faith in himself he had changed his fortune which had estimated his net worth over $80 million.

He had written around 26 books and is known for his amazing book ‘Rich Dad Poor Dad’. This book is based on the finance book of all the time written in career.

About the book ‘Rich Dad Poor Dad’

Kiyosaki had been portrayed as two fathers. One father has a good collection of degrees and diplomas while another one is the best friend of the first one and had been a high school dropout.

In the book, he had described both fathers. He had shown how one had always struggled with the debt and money in his lifetime and he had named him as  ‘Poor Dad’ and other had a very successful business owner and being the wealthiest man in the Hawaii and author called him ‘Rich Dad’.

rich dad poor dad

10 Lesson from Rich Dad Poor Dad

One should not work for money instead get money to work for you

According to the author, he had asked a question ‘Do you ever had seen any rich working hard for receiving money? Rich people never work hard so that they receive money but they do smart work to get money work for them. This does not mean they never work hard it is like different work styles only.

In the famous book, Rich Dad Poor Dad author had pointed at the job which is a short-term solution for a long-term type problem by making wealth.

Use your brain to identify opportunities

According to the author, money does not consist of any type of power but our mind consists of that power. We just need to put the right type of information and have to choose our friends accordingly. We should use our brain and find all the opportunities which we required to become rich.

Instead of saying ‘I can’t afford it’ say ‘How I can afford it?’ is according to the book.

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Overcome your obstacles

According to the author, we should take risks in our work and should not stop at the roadblocks. Poor people don’t take risks and that is why they are poor. We need to overcome obstacles like fear, laziness, arrogance, and bad habits.

Learn to take risks and learn its management

The biggest part of being successful is learning how to take risks. Like a poor dad doesn’t take risks but a rich dad learns to take risks which are managing to take risks.

Buy Real Estates

To be rich you should buy real estates which cannot be lost or cannot be stolen. You should own a physical asset that can be a safe investment in the world.

Master in your skills

According to the author, you should master your skills to raise your finance to become rich. You should understand the laws and the markets and learn how to invest and do accounting for receiving more finance.

Be Bold

According to the author, smart people are those who are bold and can become rich. A bold or smart person never tells about his ways to achieve their goals.

One must not work for money but work to learn

According to the author, the person should work for receiving knowledge not just to earn money. Without knowledge, you can’t be rich. Because for investing money in real estate we require knowledge.

Want to get rich quick

According to the author, we should sharpen our skills in communication and selling. Because selling and communication have an important part of our business. To raise finance we should improve our skills.

Just give and take back

According to the author when we teach we get lessons in our life same with money when we give it we should get something back too. It is like the law of reciprocity that states the receiver to give something to the giver.

rich dad poor dad

Facts

  • The famous book ‘Rich Dad Poor Dad’ has been written by Robert T. Kiyosaki.
  • Robert has been a famous entrepreneur, an investor, an author, and a popular motivational speaker too by his profession.
  • Through his writing skills, he had changed the views of many people regarding money. Even being bankrupt he did not stop and started teaching people about how not to become poor. Being faith in himself he had changed his fortune which had estimated his net worth over $80 million.
  • In the book, he had described both fathers. He had shown how one had always struggled with the debt and money in his lifetime and he had named him as ‘Poor Dad’ and other had a very successful business owner and being the wealthiest man in the Hawaii and author called him ‘Rich Dad’.
  • 10 lessons from Rich Dad Poor Dad
  1. One should not work for money instead get money to work for you
  2. Use your brain to identify opportunities
  3. Overcome your obstacles
  4. Learn to take risks and learn its management
  5. Buy Real Estates
  6. Master in your skills
  7. Be Bold
  8. One must not work for money but work to learn
  9. Want to get rich quick
  10. Just give and take back
  • Instead of saying ‘I can’t afford it’ say ‘How I can afford it?’ is according to the book.

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Frequently Asked Questions (FAQs)

What is the concept of Rich Dad Poor Dad?

The titular “rich dad” is his friend’s father who accumulated wealth due to entrepreneurship and savvy investing, while the “poor dad” is claimed to be Kiyosaki’s father who he says worked hard all his life but never obtained financial security.

Is Rich Dad Poor Dad a real story?

Mr. Kiyosaki stated several times in Rich Dad Poor Dad that “this is a true story about my two dads.” And the book was published as non-fiction. So to find out that the character of Rich Dad is just that, a character, not a real person, sure puts his credibility in doubt.

Did T Kiyosaki have two dads?

“Rich Dad, Poor Dad” is an allegorical story about Robert Kiyosaki and his two dads, and how growing up with them shaped his financial views. The “poor dad” is Kiyosaki’s biological father, a highly educated college professor.

Who is Robert Kiyosaki’s dad?

Robert Toru Kiyosaki

How did Robert Kiyosaki make his money?

The majority of his revenues come from his seminars conducted by individuals who pay to use the Rich Dad brand name for marketing reasons.
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