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Robert Kiyosaki on Network
Marketing
Watch the now famous video where the
renowned and highly successful investor, businessman, self-help
author and motivational speaker Robert Kiyosaki explains the
tremendous benefits for anyone looking to start a home-based
business in Network Marketing.
Who is Robert
Kiyosaki?
He is an
investor, businessman, self-help author and motivational speaker.
Kiyosaki is best known for his Rich Dad, Poor Dad series of
motivational books and other material.
He has written 18
books which combined have sold over 26 million copies.
Although beginning as a self-publisher, he was
subsequently published by Warner Books, a division of Hachette
Book Group USA, currently his new books appear under the Rich Dad
Press imprint.
Three of his books, Rich Dad Poor Dad, Rich
Dad's CASHFLOW Quadrant, and Rich Dad's Guide to Investing, have
been on the top 10 best-seller lists simultaneously on The Wall
Street Journal, USA Today and the New York Times.
The book Rich Kid Smart Kid was
published in 2001, with the intent to help parents teach their
children financial concepts.
He has created three
"Cashflow" board and software games for adults and children and
has a series of "Rich Dad" audio cassettes and
disks.
A large part of Kiyosaki's
teachings focus on generating passive income by means of
investment opportunities, such as real estate and small
businesses, with the ultimate goal of being able to support
oneself by such investments alone.
In tandem with this,
Kiyosaki defines "assets" as things that generate money, such as
rental properties or businesses, and "liabilities" as things that
cost money, such as house payments, cars and so on. Kiyosaki also
proclaims financial leverage to be critically important in
becoming rich.
Kiyosaki stresses what he calls
"financial literacy" as the means to obtaining wealth. He says
that life skills are often best learned through experience and
that there are important lessons not taught in school.
He
says that formal education is primarily for those seeking to be
employees or self-employed individuals, and that this is an
"Industrial Age idea".
And according to Kiyosaki, in order
to obtain financial freedom, one must be either a business owner
or an investor, generating passive income.
Kiyosaki speaks often of
what he calls "The Cashflow Quadrant," a conceptual tool that aims
to describe how all the money in the world is
earned.
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