126: Robert Kiyosaki | You Are The President Of Your Own Life
Robert Kiyosaki | You Are The President Of Your Own Life
Robert Kiyosaki is our guest today. He’s the #1 Selling Personal Finance Author Of All-Time. He’s authored numerous titles, including the mega-popular book “Rich Dad, Poor Dad”. He leads the Rich Dad Company, whose mission is “Elevating the financial well-being of all humanity.” Don’t work for money. Let your assets produce money for you. Kiyosaki’s enduring mantras include: The Rich Don’t Work For Money | Your House Is Not An Asset | Don’t Live Below Your Means, Expand Your Means | Savers Are Losers, Debtors Are Winners and countless other influential quotes and statements. Keith hosts today’s show from Anchorage, Alaska. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive turnkey real estate investing opportunities. Listen to this week’s show and learn:
02:12 The power of the book “Rich Dad, Poor Dad”.
04:23 Robert Kiyosaki interview begins.
05:12 Kiyosaki: Our school system is corrupt.
07:36 The Communist Manifesto (1848) by Karl Marx and Friedrich Engels.
10:16 If you own enough production, you won’t work for money.
11:16 Dying capitalism in the United States.
13:05 “Don’t live below your means. Expand your means.”
15:25 Kiyosaki adds 300-400 properties to his portfolio annually.
16:39 “Printing money on demand.”
18:17 Oil prices.
21:21 You Are The President Of Your Own Life.
24:28 Before buying real estate, consider the amount of debt you can get. Net Operating Income. Consumer Debt vs. Investor Debt.
26:44 20th Anniversary Edition of Rich Dad, Poor Dad.
29:18 The rich, middle class, poor. Concern about a crash. Debt and taxes.
30:32 What can the everyday person do?
31:04 Kiyosaki: We’re going into a depression.
34:45 Weinhold on debt.
36:10 Eight old rules of wealth. It’s faulty financial programming.
39:35 Ripping 401(k)s.
41:16 Telling yourself the truth.
41:53 Donald J. Trump. Keith gives a political opinion.