Robert Kiyosaki: Best Tips and Book Recommendations for Entrepreneurs
Robert Kiyosaki is a businessman and author. The Hawaiian-born millionaire is an expert in personal finance and business and helps others through his books and the Rich Dad Company. He is best known for his book,?Rich Dad Poor Dad, but he has written many others and has also provided many words of wisdom.
In this guide, I’ll highlight some of the best quotes by Robert Kiyosaki while also discussing his best books.
Best Robert Kiyosaki Quote
One of my personal favorite Kiyosaki quotes is:?“The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth in what seems to be an instant.”
It reminds me of something that my good friend Sasha Der Avanessian said during an episode of?This Week With Sabir, in which he referred to the mind as “fertile soil”, and if you plant the right things and nurture them properly, you will literally reap the rewards at a later point.
It’s something that many ambitious young entrepreneurs overlook. They see success as being a series of “hacks” and “tricks”, as if they can wave a wand and get everything they want. But real success comes from hard work. You have to plant the right seeds (education, understanding, skills) and nurture them (through hard work and determination), and only then can you start reaping the rewards.
Your mind is the most powerful asset that you have, so keep learning, keep discovering, and persist through all the difficulty, failures, and rejection. In the end, you will be stronger, better, and more capable.
It’s a belief that you will find at the height of many self-help and business books, and one I preach myself at?GrowthBySabir?and here on WorkLifeBalance.
Other Great?Robert Kiyosaki Quotes
“As I said, I wish I could say it was easy. It wasn’t, but it wasn’t hard either. But without a strong reason or purpose, anything in life is hard.”
“It’s not what you say out of your mouth that determines your life, it’s what you whisper to yourself that has the most power!”
“Excessive fear and self-doubt that were the greatest detractors of personal genius.”
“In school we learn that mistakes are bad, and we are punished for making them. Yet, if you look at the way humans are designed to learn, we learn by making mistakes. We learn to walk by falling down. If we never fell down, we would never walk.”
“You’re only poor if you give up. The most important thing is that you did something. Most people only talk and dream of getting rich. You’ve done something.”
“Success is a poor teacher”
“Learn to use your emotions to think, not think with your emotions.”
“Most people fail to realize that in life, it’s not how much money you make, it’s how much money you keep.”
“There is a difference between being poor and being broke. Broke is temporary. Poor is eternal.”
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The Best Books by Robert Kiyosaki
Everyone knows Robert Kiyosaki for his book,?Rich Dad Poor Dad, but it’s far from a one-hit-wonder and he has actually published over two dozen titles, with his books selling tens of millions of copies all over the world.
Rich Dad Poor Dad
Rich Dad Poor Dad?was first published in 1997 and helped to make?Robert Kiyosaki one of the biggest authors in the self-help and business sector.
It stresses the importance of being financially literate and attaining complete financial independence through a number of different means, including investing in stocks.
The title makes more sense when you read the subtitle:?What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!
The book has been criticized in the past and there have also been many criticisms leveled at Robert Kiyosaki himself, but it contains a lot of good advice and has genuinely helped many readers. It might not be the thing that changes your life, but it could be the thing that inspires you to change, and that’s all you can ask from a business book.
Rich Dad’s Guide to Investing
If you want to achieve financial independence you need to start investing your money. The?Rich Dad’s Guide to Investing?can help you to learn the ropes as a complete beginner, telling you exactly what you need to know.
The key to investing is that you should never take the advice of an author, blogger, or vlogger. Don’t follow them blindly as everyone has their own agenda and you never know how experienced, knowledgeable, or authentic they are.
You have to do your own research and find your own way, and?Rich Dad’s Guide to Investing?is a good place to start.
The Real Book of Real Estate
Real estate is one of the best things that you can invest in. It’s not always within reach, but even if you don’t have a lot of cash flow right now, there are ways that you can invest in real estate. It’s all about understanding what opportunities are available and understanding that you don’t need to be flipping million-pound houses to make money from real estate.
There is an entry point for everyone, whether it means investing millions in underpriced property or saving for years to get a mortgage, adding a second home, and then earning some extra cash by renting it out.
You’ll learn concepts like this in?The Real Book of Real Estate.