RICH DAD POOR DAD By- Robert Kiyosaki 002

For example,

 my poor dad always said I'll never be rich and that prophecy became reality My rich dad, on the other hand, always referred to himself as rich.

                                                                 Robert T. Kiyosaki

  RICH DAD POOR DAD

 He would say things like, I'm a rich man and rich people don't do this, even when he was flat broke after a major financial setback, he continued to refer to himself as a rich man She would cover himself by saying, there is a difference between being poor and being broke. Broke is temporary. Poor is eternal. My poor dad would say, I'm not interested in money, or money doesn't matter.

 My rich dad always said, money is power The power of our thoughts may never be measured or appreciated, but it became obvious to me as a young boy that it was important to be aware of my thoughts and how I expressed myself. I noticed that my poor dad was poor, not because of the amount of money he earned, which was significant, but because of his thoughts and actions. As a young boy,

 Having two fathers, I became acutely aware of being careful about which thoughts I choose to adopt as my own. Should I listen to my rich dad or to my poor dad? Although both man had tremendous respect for education and learning, they disagreed about what they thought was important to learn One wanted me to study hard, earn a degree and get a good job to earn money. He wanted me to study to become a professional, an attorney or an accountant and to go to business school for my MBA. 

The other encouraged me to study to be rich, to understand how money works and to learn how to have it work for me. I don't work for money where words he would repeat over and over money works for me At the age of nine, I decided to listen to and learn from my rich dad about money. In doing so, I chose not to listen to my poor dad, even though he was the one with all the college degrees. A lesson from Robert Frost, Robert. Frost is my favorite poet, although I love many of his poems. My favorite is the road not taken. I use its lesson. The road not taken. Two roads taken. Sorry I could not travel both and be one traveler long. I stood and looked down one as far as I could to where it bent in the undergrowth that took the other as just as fair and having perhaps the better claim because it was grassy and wanting where as. for that the passing there and warn them really about the same and both that morning equally lay in leaves no step had trodden black. 0 I kept the first for another day. Yet knowing how way leads onto way,

 I doubted if I should ever come back I shall be telling this with a sign somewhere ages and ages hence two roads diverged in the wood and II took the one less traveled by and that has made all the difference and that has made all the difference over the years. I have often reflected upon Robert Frost's poem choosing not to listen to my highly educated dad's advice and attitude about money was a painful decision, but it was a decision that shaped the rest of my life Once I made up my mind by whom to listen to my education about money began. My rich dad taught me over a period of 30 years until I was 39 years old. He stopped once he realized that I knew and fully understood what he had been trying to drum into my often thick skull Money is one form of power. But what is more powerful is financial education. Money comes and goes. But if you have the education about how money works, you gain power over it and can begin building wealth. The reason positive thinking alone does not work is because most people went to school and never burned how money works. So they spend their lives working for money because I was only nine years old when I started. The lessons my rich dad taught me were simple and when it was all said and done, there were only six main lessons repeated over 30 years. This audience. is about those six lessons put as simply as possible, just as simply as my rich dad put forth those lessons to me. 

The lessons are meant not to be answers, but guideposts that will assist you and your children to grow wealthier no matter what happens in the world. Chapter one, lesson one, the rich don't work for money. The poor and the middle class work for money. The rich have money work for them. Dad. can you tell me how to get rich? My dad put down the evening paper. Why do you want to get rich, son? Because today Jimmy's mom drove up in their new Cadillac and they were going to their beach house for the weekend. He took three of his friends, but Mike and I weren't invited. They told us we weren't invited because we were poor kids. They did. My dad asked incredulously. Yeah, they did. I replied in a her tone. My dad silently shook his head, pushed his glasses of the bridge of his nose and went back to reading the paper. I stood waiting for an answer the year. was 1956. I was nine years old by some twist of fate. I intended the same public school where the rich people sent their kids. We were primarily a sugar plantation town. The managers of the plantation and the other affirmative people such as doctors, business owners and beggars sent their children to this elementary school after. grade six their children were generally sent off to private schools because my family lived on one side of the street. I went to the school and I lived on the other side of the street. I would have gone to a different school with kids from families more like mine after grade 6. These kids and I would go on to the public intermediate in high school. 

There was no private school for them or for me. My dad finally put down the paper. I could tell he was thinking Well, son, she began slowly. If you want to be rich, you have to learn to make money. How do I make money? I asked. Well, use your hands, son. He said smiling. Even then, I knew that really meant that's all I'm going to tell you. Or I don't know the answers, so don't embarrass me. A partnership is formed. The next morning, I told my best friend Mike or my dad had said as best as I could tell, Mike and I were the only poor kids in this school. Mike was also in this school by a twist of fate. Someone had drawn a jog in the line for the school district and we wound up in school with the rich kids. We weren't really poor, but we felt as if we were because all the other boys had new baseball gloves, new bicycles, new everything mom and dad provided us with the basics of food and shelter and clothes. But that was about it. My dad used to say if you want something, work for it. We wanted things, but there was not much work available for 9 year old boys So what do we do to make money like asked? I don't know.

 I said, but do you want to be my partner She agreed. And so on that Saturday morning, life became my first business partner. We spent all the morning coming up with ideas on how to make money The Jimmy's beach house every month. It hurt a little, but there was good because it inspired us to keep thinking of a way to make money. Finally, that afternoon, a bolt of lightning struck. It was 19 point got from a science book he had read. Excited. We shook hands and the partnership now had a business. Why can I ran around our neighborhood, knocking on doors and asking our neighbors that they would save their tubes for us with puzzle books? Most adults consented with a smile. Some asked us what we were doing to which we replied. We can't tell you. It's a business secret. My mom grew distressed as the weeks wore on. We had selected a site next to her washing machine as the place where the stockpile are raw materials in a brown cardboard box that at one time held gets of bottles. Our little pile will be toothpaste tubes began to grow. Finally, my mom put her foot down. The sight of her neighbor's messy, crumpled, used toothpaste tubes had gotten to her What are you boys doing? She asked. And I don't want to hear again that it's a business secret. Do something with this mess or I'm going to throw it out. Mike. and I cleaned it and begged explaining that we would soon have enough. And then we would begin production. We informed her that we were waiting on a couple of neighbors to finish their toothpaste so we can have their tubes. Mom granted us a one week extension. 

The date to begin production is moved up at the person who my first partnership was already being threatened with an eviction notice by my own mom. It became Blank's job to tell the neighbors to quickly use open toothpaste, saying their dentist wanted them to brush more often anyway. I began to put together the production line to. one day, my dad drove up with a friend to see two 9 year old boys in the driveway with their production line operating at full speed. There was fine white powder everywhere on a long table or small milk cartons from school. And our family was hibachi grilled with red hot colds and maximum heat dam. walked up cautiously having to park the car at the base of the driveway. Since the production line blocked the carport, as heed and his friend got closer, they saw a steel pot sitting on top of the coals in which the toothpaste tubes were being melted down In those days, toothpaste did not come in plastic tubes. The tubes were made of lead, so once the paint was burned off, the tubes were dropped in the small steel pot. They melted until they became liquid. And with my mom's pot holders, we poured the through a small hole in the top of the milk cartons. The milk cartons were filled with plaster of Paris, white powder was everywhere in my haste. I had knocked the bag over and the entire area looked like it had been hit by a snowstorm. 

The mill curve means with the hour containers for plaster of Paris Mullins. My dad and his friend watched as we carefully poured the molten led through a small hole in the top of the plaster of Paris Cube Careful, my dad said. I nodded without looking up. Finally, once the pouring was through, I put the steel pot down and smiled at my dad. What are you? boys doing? He asked with a cautious smile. You were doing what you told me to do. We're going to be rich, I said. Yo, said Mike grinning and nodding his head. We're partners. And what is in those plaster molds? My dad asked. Watch. I said this should be a good batch. with a small hammer. I tapped at the seal that divided the cube in half. Cautiously, I pulled up the top half of the plaster rolled and let nickel fell out. Oh, what? the guy wore my dad said through casting nickels out of lead. That's right. Like I said, doing as you told us to do, we're making money. My. What are the?

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