Today I would like to talk about lessons learnt from Rich Dad Poor Dad. In this book, Robert Kiyosaki shares a story of his two dads: Poor dad (his biological dad) and rich dad, the father of his best friend.
He compares the mindsets of these two and their approach towards money, investment and employment.
While his poor dad worked all his life as an employee, his rich dad chose a path of entrepreneurship.
Quotes mentioned in the video:
“My soon-to-be-rich dad would explain that by automatically saying the words “I can’t afford it,” your brain
stops working. By asking the question “How can I afford it?” your brain is put to work.”
“The poor and the middle class work for money. The rich have money work for them.”
“You really wanted to win, but the fear of losing was greater than the excitement of winning. Deep inside, you
and only you will know you didn’t go for it. You chose to play it safe.”
“Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets”
Source: Rich Dad Poor Dad, Robert T.Kiyosaki
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