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Updated almost 17 years ago on . Most recent reply

User Stats

78
Posts
2
Votes
John M.
  • Real Estate Investor
  • Rancho Cucamonga, CA
2
Votes |
78
Posts

What do you think of Robert Kiyosaki?

John M.
  • Real Estate Investor
  • Rancho Cucamonga, CA
Posted

Everyone has an opinion. I've been talking to a couple friends who think he is God Almighty. They wish for one day to meet him. Being the skeptic that I am, I attended one of these seminars ran by one of his speakers, and it was very infomercial-like showing uplifting stories and large sum checks that people loved. Seems obviously fake to me. I have read the first 5 chapters of "Rich Dad, Poor Dad" and honestly, it's nothing really special if you already have the mindset that you don't want to work for somebody else. I have to admit, Robert seems like one of the best mass marketers in the business. Anyways, I feel like I should tell these friends of mine how I feel.

Might I add, these 2 friends of mine are beginners (Ages 21 and 22) like I am and I don't want them heading the wrong direction thinking this stuff is easy. The other day my friend said he'd make $2000 cash flow within the next year. Is this even possible for a beginner who doesn't really know the business? Highly unlikely. I just say, " it's possible! but how are you going to do it?" ... he then says, "well, I buy this house... and sell it... and ... well i'll see what I can do". I'm not saying Robert's teachings are bad or anything, but maybe it can mislead some people who need "real" mentoring.

Most Popular Reply

Account Closed
  • Real Estate Investor
  • Chicago, IL
218
Votes |
1,662
Posts
Account Closed
  • Real Estate Investor
  • Chicago, IL
Replied

If you don't agree with a GURU, then find another.

The key is to find one that inspires you to take action and move forward for yourself. If it is Kiyosaki, great, if it is someone else, then great.

Just be sure they are ethical, and not just trying to sell you another package, etc. When it comes to Kiyosaki, the book Rich Dad isn't about Real Estate, it is about thinking about money, debt and business differently than what we are generally taught in traditional education. He makes some valid points, and yes somethings are a tad of a stretch.

Use what you can and apply it to you!

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