The BEST Advice for Entrepreneurs - Robert Kiyosaki
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- เผยแพร่เมื่อ 7 พ.ค. 2020
- Today, more than ever before, there are millions of people sitting around daydreaming about what life will be like after people are allowed to return to normalcy. For many, that includes quitting their job and becoming an entrepreneur.
While this is a noble dream, for many it is just a dream that will never be a reality.
One reason why most people fail to become an entrepreneur is that our educational system trains people to be employees, not entrepreneurs. The world of an employee is very different from the world of an entrepreneur.
The good news is anyone can be an entrepreneur-from millennials to baby boomers-if they’re willing to put in the work. Watch to find out the 6 Rich Dad Lessons for Entrepreneurs to jump-start your journey to making your dream of becoming an entrepreneur a reality.
www.richdad.com/
Facebook: @RobertKiyosaki
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Twitter: @TheRealKiyosaki
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Instagram: @TheRealKiyosaki
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6 Lessons for success entrepreneurs :
1.Mistakes are opportunities to get smarter
2.Learn how taxes make you richer
3.Learn how to sell
4.Which entity is right for you
5.Learn to take risks
6.Have a spiritual intellect
Great lesson👍 and Thank You 🙏Robert/Alexandra and
Good luck to everyone 🍀
I don't undetstand fourth lesson.. Can you please explaine to me?
Where is the full episode for point 4?
Thank you
so helpful thank you!!
@@dolganthecute a tip from Jordan Belfort himself is: don't sell to people who don't want buy
To everyone who has started or is thinking of starting their own business: *Believe in yourself and never give up.* If you can work 8 hours for someone else. You can work 2 hours for yourself.
"If you can work 8 hours for someone else. You can work 2 hours for yourself." Thank you for that! It resonates a lot with me. So true.
Totally agree with you!
Love it 😊
sure
thank u
Dont take a job for your earning, take the job for your learning. Can relate!! 👊👊👊
Not for learning but for what your are learning
Whoever is reading this I hope you have an a great rest of your day and keep growing as a person!! :)
some people are so poor all they have is money"
The amount of time we spend believing we
can't is more than enough time to learn how you can.
Am definitely stealing this, you are genius.💯
You are absolutely right👍,
Assets and investment is that tiny line that separates the rich from the poor.
A closed mind will say I can't, that's impossible, etc.
An open mind will ask how can I, what do I have to do, etc.
also there are third one the unlocked mind it says i become billionaire how can i earn more :))
facts
That's the great thing about entrepreneurship: You are confronted with so many things that you grow while hustling. Never get a normal job again. 😀
Success as an entrepreneur requires a combination of several key factors, including:
1 Strong vision and determination: Successful entrepreneurs have a clear vision of what they want to achieve and are committed to making it happen.
2 Problem-solving skills: Entrepreneurs need to identify problems and develop innovative solutions to meet the needs of their customers.
3 Adaptability: The ability to pivot and adapt quickly to changes in the market is crucial for entrepreneurs.
4 Financial management: Entrepreneurs need to be able to manage their finances effectively, including budgeting, forecasting, and securing funding.
5 Networking: Building strong relationships with partners, suppliers, and customers is essential for success.
6 Sales and marketing skills: Entrepreneurs need to be able to effectively promote and sell their products or services to generate revenue.
7 Strong leadership: Successful entrepreneurs are able to inspire and motivate their team to achieve their goals.
8 Continuous learning: Entrepreneurs should be open to learning new skills and knowledge to stay ahead in the market.
I wish my parents taught me this.
xrunner55 I wish too
Too bad they would have had to know about it to teach it. 75% of Americans live pay check to pay check and over 50% cant afford a messily $500 expense, our society and people are a joke financially.
💯
It’s not some of their fault because they didn’t have the internet and technology like we have now to look up how to become a business owner or the basic stuff of what to do and not do but school is where you learn everything and they just teach you how to be employees and how to be obedient and stay in the box and not be that 1 percent who’s not in the box
We are the generation to teach our kids. Their possibilities were more limited.
“Those who say they can and those who say they can’t are both right”
How
Well this is the right way to say Henry Ford's quote which is (Those who believe that they can do something and those who believe they can't are both right ) if that was what you were trying to say
@latifaabdalla8883 if you say you can't, you can't, if you say you can, you can. It's about believing you can or can't do something. Of course you can't if you belive you can't.
Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
The future belongs to those who believe in the beauty of their dreams. Success is a state of mind. I start investing my cash in other to achieve all my dream with the help of Lucy Mary Liam. The difference Mrs Lucy Mary make in my life is second to none. It's definitely a life changing kindness. I really appreciate her effort in my life time.
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as Expert Mrs Lucy Mary Liam. Though I started with $1000 but it was successful, it's been four months since I started investing with her and it's been a great experience
Wow I'm just surprised someone mentioned Expert Mrs Lucy Mary Liam I thought I'm the only one trading with her. I also trade with her and i earn $5,000 every week, all my family have been trading with her and making profits, we love you Mrs Lucy Mary
@@wendierenard548You don't have to be surprised because I'm also a huge beneficiary of her good works. She helped me recover what I lost trying to trade my self and I'm still earning a lot of profit monthly.. I invested $8,500 through Mrs Lucy Mary Liam and in one month I made to close $70,300
Ever since I lost my job with the ministry I have been surviving through my investment with Mrs Lucy Mary Liam, I'm so glad I invested when I did. My first experience with Mrs Lucy Mary Liam give me the assurance to invest the more with her without the fear of losing
She's awesome.
Despite the economic downturn I'm so happy I have been earning $25,000 returns from my $2,500 investment every 15 days. After I came across bitcoin trading platform of Mrs Lucy Mary Liam my financial life has totally changed
ASPIRING TRADERS SHOULD FOLLOW AND MIMIC THE MENTAL TRAITS, ATTITUDE, BELIEF SYSTEM AND TRADING PROCESSES OF THOSE SUCCESSFUL TRADERS AND INVESTORS THAT HAVE WALKED BEFORE THEM
When discussing crypto diversification frequently asked question is whether diversification is even possible
Understanding the various phases is critical because it can assist you in preparing and forecasting future price movements
Cryptocurrency is a very good option if you would like to trade online
@@charleslapson4939
Please enlighten me more about online trade, I need it now
I have Mrs Laura Jasmine if you want to trade online
ThIs guy got into real estate when real estate was easy to get into in the US. There are plenty of people that have new kinds of success stories. I have a buddy that was a server at olive garden and sold workout supplements out of his trunk while working out regularly at a gym. He ended up training 60 people under him at a park. He then started with an amazon partnership with 20 grand, bought a gym, made lots of sales, he turned the regular gym into a crossfit gym. Then he sold the gym. He then patented his own supplements. He had 2 3500 sq ft warehouses for doing sales with amazon in southern Florida. Now he could already be retired. He got property on Costa Rica, built a mansion, built 3 mini mansions on his property and still busts his ass day in and day out and he's not even 40 yrs old. He's been making $300,000+/yr for about 10 years.
*The philosophy of the rich and the poor is this, the rich invest their money and spend what's left while the poor spend their money and invest what's left*
Can't agree more
Reading about people grabbing multi-figures monthly as income in investment even in this crazy days in the market,any pointers on how to make substantial progress in earnings? would be appreciated...
Grabbing multi-figures in Crypto is possible with the right approach...no doubt Crypto is volatile which we've seen but committed investors are making passive income weekly and more grabbing multi-figures
Crypto is risky as many would say but I think the actual risk in Crypto is the fear of not investing
@Eric Scott you're right
Hi Robert, thank you for educating the people about money and how it works. The way we do business is about to change in a very big way. It's starting to come out, that once you sign any government or business contracts in the USA you are rejecting and surrender all your rights that there is a creator and that your sovereignty as a spiritual being who comes from a creator is waived in order to play in their world. All that in order to better yourself and your family in this new Rome. Look at the dollar bills they have the all-seeing eye crap on it, it real and many people don't even know about this. I'm just saying
"Failure should inspire you to get smarter" LOVE this! We all face failure at some point, it's inevitable. It's so important to understand how to respond to it in a way that benefits us going forward!
Thanks for sharing!
-Hala
absolutely
Yeah
I appreciate what Robert is doing teaching us financial literacy and hw to make $$.🇿🇦🇿🇦
Robert is great indeed, his advices are golden. How have they been working out for you so far?
Thank you so much rich dad. This millennial loves you, thanks for encouraging me since I know you.
Schools are teaching entrepreneurship but not teaching taxes 60% is alot
I completely understand you Robert.
I am still pushing forward to get to that 20%. I always take the learning experiences from my prior employers and that's how I've managed to be successful. Thank you for everything you and your wife are doing, great information for everyone.
Getting insights from your previous employer and your experiences can for sure help you to grow more strategically. How are you doing now with your business?
You're healer of wealth multipyling sir, but your dad's prosperous of educating others too stays in your heart.
Hats off you're amazing.
Mantap paak👍.. terimakasih
Tremendous kiyosaki 💜
Love from India
Thank you Mr. Kiyosaki!
Great recollection of his clips
مستر.كوزكي.قليل.من.الصبر.لايضيع.حق.وراه.طالب.خمتك.التي.قمت.بها.سفوف.يصلك.اجرك.وفوقها.الف.تحيه
thanks for the teachings their so great
appreciate for these ideas, keep them video coming
The serving part was highlight!!! Thank u sir
Excellent video, thank you
Excited for this! Idol Kim and Robert, i wish i could meet u someday!
Hello Maria
@@markforrest5155 hello Mark
Thank you!
Kiyosaki garu u r real teacher for me✈️
Great video, mistakes are opportunities is so true! I love the mindset of no failure just learning.
Yes, those advices are insanely valuable! How are you doing on your entrepreneurial path yourself thanks to those advices?
Thanks Sir Robert, this is great information. Respect form India.
Thanks for the lessons..
🙏
I got into a GP with a coworker. I had previous experience starting a business on my own and knew several things on what to do and what not to do. I told my partner not to start accruing debt until we got our cash flow going and could get some decent projections. Thankfully I made him convert us into an LLC and it saved my ass. He was much younger and still in the army. Even though I was older and had actual business experience I was the stupid civilian who didn't know anything. I understand the mindset but one of my biggest pet peeves is that Military/LEO/Service member mindset that since they are in that service they are now better than you because they went to bootcamp/ were deployed. Can't blame them since its ingrained into them from training but it is what it is. Regardless once I got everything set up and started getting the tech infrastructue rolling, websites, emails, social media and the like, his head instantly inflated and he, in his mind, took charge and went straight to the bank and got loans and credit cards to buy him stuff on wholesale (It wasn't for the business but he listed it as a business expense). Completely flip flopped on me and I knew we were going to be in hot water pretty quick, paperwork be damned. I didn't have time to try and get him under control and he had already caused too much damage so I played into his ego, made up a fake excuse of needing to get out because of family and other stuff, and literally gave him my half of the company. At this point I had only lost a few hundred dollars getting the LLC registered and the websites and everything were paid under the company account so I was EXTREMELY lucky. I went to the bank and made sure I was removed from everything and filed everything appropriately. It wasn't more than a few months he got himself in hot water and out of control real quick and I was so thankful I had checked out when I did. The LLC saved him since he could write it off but yeah he torpedoed himself pretty quickly. I will never enter into a partnership like that again, lesson learned.
Thanks for sharing your story. I enjoy reading people's different experiences. They're educational and as a fringe benefit, entertaining too.
I was running business ideas through with a friend of mine. We talked about the idea and everything that would be of importance, but one thing that threw me off from his wording was that he was starting to talk about financing and getting big companies involved and all that. I then told him I do not want to be part of this anymore. My reason was that there wasn't even a physical business yet. Not even a financial statement in place but the man's was already thinking about involving creditors. I told him straight, the reason why most of these entrepreneurs fail is because they starting big yet they can't even compile a financial statement. What I've learnt from actual business people is that you dont need money to start a business you need money to expand it.
Thank you Robert.
Finally only your own business can make you rich,thanks.
Love it. How can I serve my planet
Different approaches to help people, I respect that!
We love you Robert I'm your biggest fan
Thank you for this opportunity to learn about money or about entrepreneur 😊❤️
He is brutally honest.
I love it
Thanks for sharing sir!
A mind-opening video is great
great advice. thanks for sharing it
Amazing video. Thanks.
I LISTEN TO ROBERT KIYOSAKI SPEECH REGULARLY,THANK YOU SIR.
Failure is a good tescher learning from your mistakes is key because you learn what not to do and do things better next time.
Teachers/school teaches you structure, discipline, being punctual along with being organized yes they may not teach you things that are needed to be successful in life but they do teach you and implement a foundation.
Great advice. Love the last tip: Find your spiritual WHY -> I don't work for me, I work for everyone. Find how you can serve everyone else. This is soo true!
Wonderful tips
Hi Robert, Can you give us more information and details about the Investment part or quarter you mentioned before. I want to learn more from you please
The only book I have retained since I was a teenager is Rich Dad poor Dar written by Robert . He has incredible wisdom
Great content !
Great content and advice!! b
Mrs Jane is legit and her method works like magic I keep on earning every single week with her new strategy
Wow I' m just shock someone mentioned expert MRS JANE I thought I'm the only one trading with her
She helped me recover what I lost trying to trade my self
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Jane
I think she is the best broker I ever seen
Thanks for introducing me to Mrs Jane
That's good Thank you so much Sir 🙏🙏🙏🙏🙏
Great video. Learn to create money. Then keep and invest it.
thank you
Well said!
Nice very informative
感觉这个“首场直播”含义好难理解。
有朋友可以解释一下吗
Sir , you are great
Thanks
Spiritually is everything
This is rich inspiring, I'm about to start a business which I'm working with a friend so that i can get debt from his friend, hope I'm the right side, Mr Robert Kiyosaki, thank you.
Thanks sir
Sir,
This is my humble request is to you that please add subtitle to every videos because there are many foreign people who don’t understand without subtitle .
What a great idea.
I believe life experiences too comes in hand in a lot with what we plan to do for our future
I have been in business for going on eleven years. I have never seen a video then or now that has really helped me. You're the best bet if you want to be an entrepreneur, Shut out all other people's noise, Believe in a higher power & yourself, Then focus on your goals. There is nothing special about other people. If they can do it you can too... probably better! Facts!
So valuable
धन्यवाद रोबोट जी, अगली वीडियो में आपको किम कियोसाकीजी के साथ पढ़ाते हुए देखूंगा।
It's not about us! It's about others! - spiritual
I'm 44 and exhausted. I have no energy or desire to become an entrepreneur and work 80 hours a week for myself just to avoid a 40 hour work week. I have no energy to be an accountant, HR, sales etc for myself just to get something started. My only desire is to retire now. So I took the lazy road, I didn't have children, made no debt, invested in properties, everything is paid off and now I'm saving 96% of my salary and the remainder is just for food. I'm a minimalist so I don't mind owning nothing. All I want is freedom.
Four Horsemen buy more properties with 25% down that generate a 20% ROI.
If you need any help finding properties that generate a 20 ROI let me know I’m happy to help
Education can be a great investment. Entrepreneurs invest their time in education. No one is too old to learn!
@@raiyankhan7941 properties used to be a good option but in my country it is seriously becoming a liability. Rent hasn't gone up in years because of legislation limitations but your levies, taxes and rates are becoming so high and soon they wil supercede your rental income. The law protects the renter so if they don't pay there is not much you can do. I have four properties but it is no longer an attractive option for me.
Four Horsemen thankyou for your feedback can I ask what country are you in and have you thought about investing in the UK, I can find you a deal that generates a 20% ROI.
America is also a good option
I can also find brrr’s
Good 4 U...
So true that school doesn't teach us all these things to succeed as an entrepreneur. I'm going to be an entrepreneur as I'm sick of constantly being an underpaid and overworked employee. It's great to hear the real stuff!
I agree that mistakes are opportunities to get smarter. These mistakes help up to be more strategic in our business.
Big strategic person-person business development is the key to success in today's business world.
3:23 , I'm glad you're here, "So we can stay as we are right here right now" and we make sure you're educated "to generate us more wealth everyday".
You dont understand how the world of the rich really work kids.
I am in business 37 years, they told me I would never make it....LOL!!!!
thank you very much sir for this video
so how can I meet with Mr ranneuer
What are the various forms of loans available to entrepreneurs?
Where is the full episode for point 4?
I’m 17 and trying to learn how to be successful. 🙂
I wish Robert Kiyosaki become my mentor.
"Jobs" are a learning environment. Good point! Then...
"Don't be afraid to give up the good to go for the great."
John D. Rockefeller
Failure should inspire you to get smarter" LOVE this! We all face failure at some point, it's inevitable. It's so important to understand how to respond to it in a way that benefits us going forward! yeah
this guy is a legend! the dream is one day to meet him and make an interview
Hello Palomaro
9:39 That part was funny as hell man
I recommended a professional broker to you guys sometime ago,can i get person who invested with her
Comment below
Hey
I did invested with her , i made huge profits
Thanks for recommending her
Same here it's four months now I started investing with her and it's been a good experience
Hello thanks for introducing her to us i actually did the trade with a loan from my friend and now with the profits i payed up and now am happy and comfortable
Who made profits for you, am really looking for a pro who can manage my account and make me huge profits
I saw that recommendations but i did not bother chatting her up🤦♂️🤦♂️🤦♂️
This is an absolute delight. I read a book with similar content, and it was an absolute delight. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight
sir tell me the best enterpreneur academy / university where i take classes
“ appreciate “ is a very loosely used word in the USA and UK .. people don’t mean anything when they say “ I do appreciate “ . Actually when they use it they actually follow it with a bad news ..
what does the role of the girl play there?
(1:01) WOW! This is great information, Robert! #HowTaxesMakeYouRicher
Its the Cashflow quadrant......its in every one of his videos, and he keeps showing it again and again. You must be new. It will take a little while to see this guy is full of bullshit and just wats to sell you his books, and $75 board game. You will see one day
@@sonicflash5090 if he's so full of bullshit, why are you watching? LOL. I'll consider your opinion seriously when you're able to show a real name and real face.
Interesting
🎯 Key Takeaways for quick navigation:
Failure should inspire entrepreneurs to get smarter and learn from their mistakes.
The traditional school system focuses on income and not enough on teaching the importance of understanding taxes for entrepreneurs.
Financial education should emphasize understanding taxes, as the wealthy focus on legally minimizing their tax obligations.
When choosing a job, prioritize what you can learn over the salary to develop essential skills.
Different business entities have varying levels of liability protection, with LLCs, LPs, and corporations providing good protection, while sole proprietorships and general partnerships have significant risks.
Millennials may have a lot of knowledge but can be risk-averse due to fear of making mistakes, which hinders their ability to take action.
Education should go beyond memorizing right answers and encourage risk-taking and learning from real-life experiences.
Success is not just about material wealth but also about serving others and the environment, with a focus on the spiritual aspect of life.
Made with HARPA AI
People should also know you can be in different quadrants at the same time. You can transition to lower tax quadrants over time. It’s a journey.
Truth
Now how many you are going to actually go out and do it?💪
At a young age a random guy gave me one of his books, I had no idea who this person was, I read the book and I was like this is amazing book!
I like his strategy!