Robert T. Kiyosaki
Do you know who Robert T. Kiyosaki is? This article provides you with general information about him and his teachings.
Robert Kiyosaki is a self made millionaire who was born in Hilo, Hawaii on April 8, 1947. He is an investor, author, motivational speaker, and business man. He is married. His wife's name is Cindy.
He is best known for his
"Rich Dad, Poor Dad"
book. Yet he has written 18 books. To learn more about the books he has written,
click here.
Not only has he written 18 books, but he also has other
products.
Even games! His passion is to teach adults and children the ins and outs of becoming financially free. His goal is to increase your
financial IQ.
Robert T. Kiyosaki wants to motivate you to generate a passive income through real estate and other small business opportunities such as network marketing. Basically, he wants to show you the ways that you can support yourself financially and not rely on "the system".
He teaches you the difference between assets and liabilities. As you know, assets are things that make you money, and liabilities are things that cost you money. In order to achieve financial freedom, you must have more assets than liabilities.
He boldly proclaims that the best lessons learned are not learned in school. He believes that you learn much more important things through life lessons instead of in a classroom.
He stresses that the information taught through formal education are primarily for those who become employees and the self employed. More on the significance of this later.
He also talks about
financial literacy.
In other words, the way that you obtain wealth. Financial literacy is the ability to make the best decision when dealing with your personal finances.
Robert T. Kiyosaki's
cashflow quadrant
aims to reveal how money is earned. The left half of the quadrant is the Employee and Self Employed quadrants. The right half of the quadrant houses the Business owner and Investor.
He stresses that Employees and the Self Employed will never obtain true wealth and that Business owners and Investors are the only ones following the path to true wealth. This is because Business owners and Investors are earning a passive income.
He believes that network marketing is a great way for you to earn passive/leveraged income. He has said that if he could go back and become a self made millionaire again, he would do it through network marketing.
If you would like to read more about Robert T. Kiyosaki and network marketing,
click here.
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