What Robert Kiyosaki Is Insanely Good at (Here’s the Proof)

The message he wants to get across.

I can spare you three days if you’ve never read Rich Dad, Poor Dad.

The book’s main point is

“The rich see opportunities others miss.”

Robert does an excellent job of explaining the mindset of the rich.

Here’s how.

Best-writing vs. best-selling

Robert knows the difference between a good writer and a great writer.

Rich Dad, Poor Dad isn’t about investments, assets, or liabilities. You wouldn’t see this bestseller in every bookstore if Robert wasted paper elaborating on these.

He tells you how to get rich without telling you how to get rich. As you read, you actually want to be in his shoes moving your capital, making investments, and telling people about wealth.

The book uses simple language kids can understand. My girlfriend’s 10-year-old nephew read it in a week and got the message. The little fella doesn’t know compound interest but knows that the rich can legally reduce their taxes.

40 million copies of Rich Dad, Poor Dad sold in 100 countries is a serious claim to success. The paperback can reach (and teach) anyone between 5 and 95 years old like Elon can reach millions with a tweet.

Robert wants you to understand this. He mentions an interview with a Singaporean journalist who thought that selling was a lousy job. In her opinion, being a journalist placed her in a higher position than salesmen.

Problem is, the journalist wasn’t rich. Robert was.

“I am a best-selling author, I am not the best-writing author.”

Bingo.

Education doesn’t make you rich. Robert didn’t need to write like Jane Austen. He learned to persuade (=sell) instead.

Rich Dad, Poor Dad isn’t a spectacular book. It provides dangerous advice. You can’t turn $5,000 into $1 million unless you bought Apple stock close to the all-time low. Find me a low-risk investment that makes you rich in a few years.

You’re better off investing in an index fund and getting rich slowly.

But.

Robert shows you a new perspective on being rich. He explains how to become financially free.

Let your money work for you. Invest and be a business owner who generates income while asleep.

My writing coach told me there’re accounts on X with 74 followers who make $4,000 a month by crafting a compelling offer and taking on two customers willing to pay $2,000.

Then, there’re accounts with 100k followers who can’t monetize their content beyond telling people “how to grow your audience”.

Which ones have a rich mindset?

Your bank account doesn’t make you rich

If Robert can make millions, you can too.

There’re more opportunities to make money than fish in the ocean. It sounds trivial but you have to focus on making money if you want to make money.

German financial coach Bodo Schäfer taught me to spend my time on something I love but it must have the potential to boost my income. I want to dance Argentinian tango but may have a hard time monetizing my dancing skills. I let it be a hobby, not a business.

Learning about the stock market has the potential to make you money. You can immediately generate cash flow through dividends and save for retirement with an unlimited upside if you know what you’re doing.

It hit me recently as I was running along the river in my place. Morning runs clear your mind when the city is asleep and you’re one on one with your thoughts.

I didn’t know anything about stocks when I was 30. I’d never thought of building a retirement fund or making money on the Internet.

Perhaps I loved my job in research too much to be busy doing something else. I realized one day my money was screaming “Invest or lose me to inflation!”

I didn’t need inflation to lose money because I was following a popular recommendation service. Being a sucker at investing meant I didn’t know something important. So I killed my ego and paid someone with three decades of experience.

Now, I can tell a cheap stock from a bargain stock (and make money). Growth isn’t only a “mental” thing. It straightens up your emotions too.

I stay away from investments that confuse me. I’m cool if they surge the next day and I’m not in. Having myself under control is worth more than a one-time $1,000 gain.

Growth happens so slowly you barely notice it. Then you begin to see opportunities everywhere. I have more bargains on my watchlist than money in my account.

I don’t have a million bucks. But if I ever get there, I’ll keep in mind being rich is a mindset.

You can be rich without a seven-figure account.

The bottom line

My friend Matt | Financial Imagineer is rich.

He reached financial independence at 37. I bombard him with questions about what it takes to get there. Every conversation is a goldmine of knowledge.

You don’t have to see someone’s bank account to know they’re rich. Their positive thinking is contagious.

Being rich is being able to see opportunities.

Discover the tips on building wealth like the rich in my newsletter ‘Stay Invested’