Robert Kiyosaki on Why the Rich Get Richer and How You Can, Too
When you look at successful people, from the outside, it might seem they’ve just gotten lucky.
We think “luck” is what happens when you’re prepared at the right time. There’s no such thing as an “overnight success.”
Your ability to be successful in real estate depends on your ability to get educated, take action, and not be paralyzed by fear.
We’re hoping you get very wealthy from real estate investing—but don’t make the mistake of thinking it will happen overnight.
You have to put in the work. And choose your teachers wisely.
On our recent show, we chat with Robert Kiyosaki, well-known author of mega-bestselling Rich Dad, Poor Dad, and one of our favorite teachers.
He’ll give us some insights about why the rich get richer—and how you can get richer too.
In the Rich Dad studio for this rendition of The Real Estate Guys™ radio show, the three R’s of real estate investing …
- Your rich-and-getting-richer host, Robert Helms
- His riches-to-rags co-host, Russell Gray
- The richest best-selling personal finance author of Rich Dad Poor Dad, Robert Kiyosaki
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Special preview: Three books from Kiyosaki and team
We were lucky enough to get a preview of THREE books that Robert Kiyosaki and team have coming down the pipeline.
- More Important than Money, written by the advisors of Robert Kiyosaki.
Readers will get nuggets of wisdom from Kiyosaki’s team of experts, bright minds like Ken McElroy, Andy Tanner, Garrett Sutton, and Tom Wheelwright.
In real estate, and in life, it’s crucial who your friends are.
In fact, the quality of your relationships is more important than money. The value of the people you hang out with—if they’re the right people—is priceless.
This book will provide crucial insights into those relationships.
- A new book from Kiyosaki himself called Why the Rich Are Getting Richer.
If you’re listening to our podcast, you’ve probably read Rich Dad, Poor Dad. If you haven’t yet… we HIGHLY recommend it.
Robert describes his new book as Rich Dad, Poor Dad “graduate school.”
This book goes one level deeper into why the rich get rich (and how you can too).3. A special 20th anniversary edition of Rich Dad, Poor Dad.
Don’t worry—the classic content is still the same.
But this edition includes brand-new material. Robert takes a look back at the economy of the past 20 years—and projects what will happen in the next 20.
This is a book that helps people take control of their lives. If you haven’t read it yet, perhaps the 20th anniversary of this finance gem is a great time to pick up a copy!
How to prepare for the unknowable
Of course, none of us have a crystal ball. But a lot of Robert Kiyosaki’s work is about preparing for the future.
We asked Robert to weigh in on a timely question: How can we prepare for what is unknowable?
He was kind enough to give us some sage words of advice.
- “Choose your teachers wisely.” In this case, history is your teacher.
There are a thousand possibilities, but in the end, the history of every paper currency only goes one way: down.
But wait, you say… I read in the news that the dollar’s at an all-time high! Well, yes—compared to other paper currency. Historically, Robert reminds us, “every paper currency has gone to its true value, zero.”
- “Be entrepreneurs, be smart, study, choose good teachers, have good teams, support each other, and do the best you can.”
Many people are highly educated in terms of degrees, but have no financial education. Educate yourself!
- “Risk is a four-letter word.”
In our last podcast, we talked about risk. Robert re-emphasized our point that risk can work to your advantage. He reminded us that financial education and experience give you control over risk.
Educate yourself: More Kiyosaki insights
We’re all swimming in the economic sea. If you don’t have any education, you don’t understand the way the wind is blowing and can’t see tremors forming.
Preparing for the future is really all about educating yourself. Like our motto says, it takes Education for Effective Action™.
When we talk about Rich Dad, Poor Dad, we sometimes tend to wax a little poetic.
That’s because we think this book is much more than informational. It’s transformational.
To be truly successful in the real estate investing world, you have to work within the right paradigms.
The problem is paradigms become ingrained over time. They don’t break easily.
Take a look at the rise of populism in the U.S. and Europe. People are uncomfortable. “They know something’s wrong at the gut level,” says Robert Helms.
We don’t necessarily think the answer’s political. The answer is in educating yourself, in making that shift so you can see into the future.
You have to be able to sense what’s coming. “This is a time to make new friends, get new ideas, and look at the world differently because there will be more opportunities,” says Robert Kiyosaki.
There are two sides of the coin: risk and control. You have to switch the paradigm and learn to stand on the edge of the coin.
For some people, the best advice is to go to school, get a job, and save money the traditional way. But in Robert Kiyosaki’s words, “The rich don’t work for money.”
The rich flip conventional thinking on its head. Debt becomes a good thing. Getting a job and even a college education? Maybe not as good as you think.
“Debt is like a chainsaw. If you don’t know how to use it, stay away. If you do know how to use it, debt is wonderful. It’s one of our favorite tools in our toolbox,” says Robert Helms.
It’s this kind of thinking that will help you survive the future.
“When the chasm opens up,” says Russell,” you have to decide: will you fall on the side of the rich or the poor?”
With a rapidly narrowing middle class, flipping the coin on its side is a necessity.
Start educating yourself today! Transformation is a process. Pick up a book, talk to your tribe, or…
Join us at the Investor Summit at Sea™
An ESSENTIAL part of being a smart investor is hanging out with the right people.
That’s why we created the Investor Summit at Sea™. It’s an opportunity for YOU to meet great people and get great ideas.
This year, we’ll have some amazing faculty, including Peter Schiff, Tom Hopkins, and G. Edward Griffin.
If you don’t want to fall off the back of the bus into the poor pile, or you’re tired of being part of the squeezed middle class, come spend a week with people who are already rich … and getting richer!
Think about the time you’d spend reading a book like Rich Dad, Poor Dad and the knowledge you’d gain from it.
Now multiply that times 100.
There will be 100 different investors, insights, and paradigm shifts. The Investor Summit at Sea™ isn’t just an afternoon spent reading. It’s a WHOLE WEEK for you to soak in knowledge from some of the most brilliant, hands-on investors.
We’ve created the opportunity for you to spend an entire week wrestling with new ideas and networking with new people. Come join us!
We’re more than 80% sold out, but there’s still a room left for you.
Tune in next time on The Real Estate Guys™ radio show to hear Kiyosaki advisor Ken McElroy on what’s happening in the world of multifamily units and beyond!
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The Real Estate Guys™ radio show and podcast provides real estate investing news, education, training and resources to help real estate investors succeed.