Rich Dad Poor Dad Author Robert Kiyosaki on Attaining and Keeping Wealth
ฝัง
- เผยแพร่เมื่อ 12 มิ.ย. 2024
- Robert Kiyosaki, author of the best-selling personal finance book of all time, has helped millions of people manage their money, fix their credit and build wealth. Through his books, seminars, classes, and RichDad.com website, he teaches real personal finance in a world where financial education often doesn't happen in schools. On this episode of Impact Theory with Tom Bilyeu, Robert Kiyosaki discusses how his experience in the Marine Corps prepared him for business and investing, and explains what people need to do right now to build wealth during a severe recession.
SHOW NOTES:
There are no average people, and no good one size fits all investing advice. [1:48]
Robert asks, “Where is your soul? Where is your spirit?” [5:45]
Robert predicts that we are going into a real economic depression [9:17]
Robert advocates never choosing security, and building resilience [11:15]
Robert talks about how important it is to actually test your soul and become stronger [15:36]
Robert describes some of the influencers and teachers that he admires right now [18:37]
The most important thing you must do to succeed in finance is rewire your brain [20:38]
Robert explains why you need to have an entire team in order to succeed [22:23]
Robert shares the impact he wants to have on the world [26:25]
QUOTES:
“Where is your soul? Where are your guts? Where is your spirit?” [7:53]
“I don’t hang out with wimps.” [9:20]
“How strong is your soul? We all have it. But most of us don’t ever put ourselves in a situation where we’re testing our soul.” [17:24]
FOLLOW ROBERT:
WEBSITE: richdad.com
INSTAGRAM: bit.ly/2X3BAZW
FACEBOOK: bit.ly/3cyUONC
TWITTER: bit.ly/2WWWtWR - บันเทิง
I'm new here... please give me 5 things i should invest in !!!
Bitcoin-
Silver
Land
Gold
Real estate
If you haven't invested into bitcoin already you are late but its better late than never
getting into Investing to create a passive income should be every wise man's priority...i made my first million from having a diversified portfolio that spreads across stocks, grade bonds, coins and etfs also with the help of a full service broker handling my portfolio i'm living off my investments. smart investing is key
Right! nothing but propaganda to keep the majority stagnant and confused
That's why I've Never ran with the crowd. 2020 should be a lesson for years to come!!!
Investing in stocks and crypt0 market is the best financial decision any can make although the crypto market is much more better
"Why shouldn't people buy funds?"
- "I don't need them. I've been a pilot in Vietnam."
🤷🏻♂️
The reason he tells story first, bcause people will remember story better than just principles, in the end he did tell something about the mindset of the avg and wanting to be the best, what i got from him is that u shouldn't invest in that just because other's are doing so, if u want to do it u better master it and become the best at it, just my POV, hope we can always learn new thing and get better especially in our mindset brother, peace be upon you :)
He is pointing out that people shouldn't buy funds unless they have a good education on how they work, move and react to world events. i.e. he flew a gunship in Vietnam and you don't do that without a massive amount of training. Funds are not simple and neither are they for the amateur. Get educated.
Yes, I don't want to randomly mock him or be a dick. But I'll be honest, I found this to be a bit too disturbingly weird and biographic though.
Many things could have been solved by something like "I'll explain, but let me tell you an analogy first to make you remember what I mean." and after that just be very specific. I think people would be less confused and more open for the message that way.
By the way I love that Tom oftentimes tries to force this specific, direct advice from people by asking really well thought through questions. So usually it works.
@@LianExfeind yeah agree Tom is an amazing guy, he really trying to help people as best as he could,so people could get the point.
Who else is here studying money to get wealthier during Covid-19?
PERSPECTIVE IS EVERYTHING. GREATEST TIME TO ALIVE AND WISE, KNOWLEDGEABLE AND UNDERSTANDING. THANK YOU THANK YOU THANK YOU UNIVERSE.
Am Who I Am. My Name Is My Name.
FUNFACT
even before covid 19, as early as the Iran US geopolitical conflict I had knew something was up with the economy, or rather down
with the help of an investment advisor I was able to move most of my allocations into more performing areas of the market. It is ideal in these times to make use of the help of a guided professional more so one with an experience of the last depression in 2008/2009
@@mikecuban6557 I need an impartial investment advisor, I know they are there I dont just know...how can I reach out???
@@charlesblanchard4065 I'm in the buy. I also work with a professional, she is licensed and certified and although there is a great bear market I am investing every two weeks because I am seeing improvements in my portfolio, dividends look certain. google search Mary jo wubker, she is available on LI and is highly ranked on google amongst online brokers all information your require to reach her is online
you need some food in your stomach first. Tom is aware of this -the other one is out of sync and not aware
🙌🙌🙌🙌
Wow, that was beautiful to watch. The way Tom Bilyeu handled it I mean. When he realized that this guy was using up the interview's time to self promote instead of providing practical value to his audience, he literally ended the interview as soon as possible without being rude. LOLOL I love you Tom Bilyeu.
The biggest takeaway I got is that Robert Kiyosaki avoids questions
One hundred percent - he is of another generation how are you going to tell this to a millennial who just lost his precarious work has no family and is going through the pandemic with all of us
he avoids every question so you go and buy your book.Robert why dont you add some value for your audience
because his is an evasive ass hole with no principles and a ME ME attitude
For fucking once !!!!
Castle Berg that’s why I stopped listening to him
All the money that he made is from his books.
@@jlawrence270 thanks for sharing that
I had to read the comments to know if I was just the only one...🤔
He didn’t answer one question.
It was about him from start to finish. 🤦🏽♀️
It sounds like he is having a conversation with his “Rich Friends” and making fun of people that isn’t part of his circle.
How could someone so wealthy be so bitter -
@Sapovne is his wife still with him ?
Because Money will not make you Happy. Having things is the lowest form of Satisfaction
@Sapovne then is he still so bitter ?
no tangible advice in this episode, just fluff.
@@castleberg6737 Tell me, troll, what have you done in life that gives YOU any credibility? Are you a multi-millionaire who's actually created jobs and opportunities for other people, like both the entrepreneurs in this interview? Frankly I doubt it....
@@castleberg6737 $500,000 is CHUMP CHANGE
fLyIng a 747 nOt ThAt ChaLenGNING for ME
My friends who flew for UNited their PensiIon was StoLen LoLoL
@@jlawrence270 woah thanks for the link.
He never answers a question straight. Always self-aggrandizement instead.
kire nireves yes he does
This is exactly the comment I was expecting to see
Watched his interview on London Real a month ago, which also had reactions like this.
So when this interview popped up a few days ago, I thought I'd check back later to see what the response was. Now here we are
But I love how Tom was trying his hardest to find some practical wisdom from the conversation
Read between the lines.
@@eddiehan__ They're only talking about success principles this entire interview. Remember, average people just want to make excuses for their failure mentality and failure in life.
What person on the internet honestly says, "Hey these guys' advice works great. I was just too lazy and fearful to make anything happen in my own life." So instead they say, "He's a fraud" while simultaneously sucking at life.
Oh, but THEY figured out that all the universal success principles in the world are fake... lol... right.
@@theyoungamericanpatriot2989 I'm finding that everyone enters this kind of video with a different context.
For some, it's their first time hearing this kind of advice. So they get a nice little paradigm shift on how to think outside what the school system tells you
. His first book provided this timely advice
But for others, it's nothing they don't already know. This particular audience would like an expert on money to demonstrate deeper insight into the topic by getting into specific tools, examples of tactical implementation of strategies, and working from a position that is relevant to the audience. As opposed to boasting about oneself.
For a living, I train my clients at a gym and on the side I teach students who are getting certified to become trainers. Robert is right, traditional teaching is burdened by the bureaucracy of an old system that struggles to adapt to the marketplace. So it's a lot of work to do it well, but hey, I love it. Based on my experience, I can see why people are complaining.
Imagine I told everyone to work hard, push their pain tolerance, be consistent, avoid buying into Instagram stories that paint the fitness journey to be all rainbows and sunshine, expect to deal with a lot of pain, budget for failure, face your deepest insecurities that hold you back, when the goal is too large break it into smaller pieces, find new ways to challenge the body, etc. All the while, I used the time to brag about my body while talking shit about others.
Just now I mentioned sound principles that people can agree with. Some may even find that useful. But I didnt say anything the audience here didn't already know, and I did it in a very distasteful manner. Nothing wrong with bragging, but it needs to be done in good taste.
I also failed to mention the tactics behind it. I told you "what", in a very abstract manner. But I didn't give you examples of "how". While tactics will always change, even in the military, providing examples can help guide the understanding of the audience.
To add substance to the above, I could look at common examples of why people fail in their fitness journey. Too much stress, too much work, too short of a timeframe, and no management of workload. Building a body is like working on a project. Using basic project management tools can do wonders when managing the 100's of tasks that need to be done to build that body.
I would then give examples of managing overload, understanding the hormonal response exercise has to the body, learning to seek feedback from exercise to ensure we don't damage our joints which forces us out of the game, basic ways to apply the principles of programming such as General Adaptation Syndrome, progressive overload, etc.
The importance of having cycles and training blocks. How most sedentary people should develop general fitness before going into specific fitness. An overview of exercise and nutritional science, and how those areas of science don't have a long history and enough body of work to give us conclusive evidence.
Most importantly, I would tell people to think in probabilities. Not gaurantees. For every diet plan or workout plan out there, if we apply it to 1000 different people, what percentage of people would get the desired result? The percentage is shockingly low, but marketing would have you believe it's higher than what you think it is.
Lastly, I would create examples of how to act on the knowledge above. Leave it for the audience, and answer questions.
How I see it, If an audience is gracing you with their time. You're there to serve them, not yourself.
If you don't like the audience, find a new one.
Long story short, I expected more than just locker-room talk from this video. But hey, next time i'll learn to expect less.
I was excited to watch this, however, once again people being interviewed not answering questions directly. I get starting with a past story etc but finish with answering the question! Did not take much away from this interview that i didn't already know.
Exactly my point (I just commented something similar)
He needs to answer the questions. We don’t need his biography. We can google this. He needs to stay on topic
that's why you should buy his book
Unfortunately he seams like he’s loosing his touch. He definitely has helped shape my mind over the years but seems to be just talking more about himself these days then actually giving the details to the answers. Great job Tom holding the interview together... I can see your mind spinning inside!
Really nice comment Howie Coro, and couldn't agree more.
You’ve been watching too much fake news.
I was thinking the exact same thing Howie. Roberts taught me incredible amounts over the years but he’s does seem to be loosing his touch.
Agreed
He's 73 years old.
This was another great show Tom!!! Thank you for inviting Kiosaki!!!
My key takeaways:
1. Look at the 5 people you spend your time with: Very important advice in this time especially. The jazz my friends and I used to engage in all day about corona and how.we were going to lose everything we had made me so afraid that at some point I thought I was going to go crazy, till I decided to look for more positive buddies and found great company with Impact Theory and other such great shows. It was then that hope, faith, courage and some great business ideas for this time came up. What a wonderful difference the '5 friends' made in my life!
2. "Where is your soul?' This is the question that really got to me. Losing the stuff that you thought defined who you are and what your worth is as a human being (your job, your money, the respect you used to get from your friends and family which was based on your position and wealth, etc) can be devastating. Finding me is now the most important challenge I've got before me and in taking this journey I am slowly starting to find my 'superpowers' - the strength I need to rise again.
3. Practice what you are terrified of: Well, the covid situation is demanding that I become an entrepreneur - something i always dreamt of but kept putting off coz of the stuff I saw the entrepreneurs around me go through everyday (the unknown, painful mistakes, costly failures, etc) and the 'security' my job gave me. Now I get to live my dream by force (what a strange blessing this covid thing is turning out to be!) and practice the courage, determination, persistence that all entrepreneurs must cultivate in order to win.
4. Expect rejection: This is a principle your guest JP Dejoria explained so well and now that I know that the most successful people have learnt to expect and live with rejection I can go ahead and do my thing with faith and courage, coz otherwise I would give up
5. Step up your failure rate - set failure goals: this one was really cool coz I realize now that the reason I have always scored average (even when I was employed) was because I was not failing enough...which really means that I was not pushing myself to do more by taking on bigger challenges.
6. Get skills: Like you always say, that's the stuff we need to get to the next level - what differentiates the average from the best, and I realize that it's one of the biggest things that have been keeping me from achieving my goals.
7. Get coaches and mentors; make sure that you choose your teachers wisely: Do you have a website, etc, where you offer these services to new entrepreneurs as Impact Theory?
9. Building a Team: As I go into business, I will keep in mind one of the mistakes I have seen most of my self-employed buddies make over and over again...running solo for forever, being the only HRs on their teams. True, they are making some good money despite being the only workers in their businesses, but they've become slaves to them, juggling everything alone, never really growing and never really enjoying the fruits of their hard work coz they must forever do everything themselves! A good team will help you achieve your goals faster and give you the freedom you need to expand your investments.
9. Preparation and Practice: To be honest, Kiosaki and other personal finance trainers have been teaching the same stuff for decades, but like most people, I never took action, and where I did, I was never consistent, that's why I never got the results I expected. I cannot afford any more to deceive myself (so I can exonerate myself from all blame for where I'm at today) that the stuff these guys teach doesn't work! I must put in the work and keep going at it until I win!!!
He never gives any good information acting like a politician 🤦🏾♀️.
This is the guy Tom should be talking over not Ray Dalio
Agreed, I threw his books away because there's never any useful information in any of his content. I find Mike Maloney of GoldSilver and Lynette Zang of ITM Trading (both TH-cam channels) so much more informative and useful. Kiosucki's content is written for grade-school kids. There's very little of use in his tired message of, "being an employee - bad, being an entrepreneur -good." Duh.
Yeah he contradicts himself a lot.
Where is your soul; Be the best u can be; choose your teachers wisely; this is your impact - Robert Kiyosaki 👍🎆
I'm really sorry to say this, but this was a difficult episode to watch. A lot of Robert's answers came across as rather obnoxious and almost offensive for me, did anyone else get that vibe? All I heard was "me me me" when he recounted his experiences in the military, talking about his $120,000, talking about his 7,000 rental apartments etc. The kicker which is what prompted me to write this comment was at 23:30 when he talks about hiring Bookkeepers, Accountants and Lawyers.... It just strikes me that he's built a team of people who fiddle the finances much like any other major corporation. Also the way he seemingly mocks an "employee mindset" at 24:00.... it's just rubbed me the wrong way. Then again, he's got lots of money and I don't so who am I to criticize?
To Tom and the Impact Theory team, I love your work and you guys are doing incredible things. Keep it up ;)
It makes sense. Once you start to build a certain level of wealth in business, you need a team so you don't have to worry about those things to focus on building etc. I'd say, straight to the point :)
@@DJJusJay I totally get that and totally agree with what you've said. I just don't feel like Robert saw this interview as an opportunity to impart his experience and wisdom to others who are not in the same position as him. Not everyone has access to a team of financial experts, or a mentor to reassure them and guide them through these hard times.
Tom asked a question to the effect of "What advice do you have for someone who's just lost their job and is trying to recover financially and build resilience" and Robert's answer was (to paraphrase) "If you don't have the skills, you can't do the job" before turning the conversation back to being about himself and his entrepreneur skillset. He wasn't providing much valuable, actionable advice. A person who's just lost their job is not in a position to just "show heart" and be an entrepreneur. They might have a family that depend on them having a secure, stable job with associated benefits. That might be the best option for someone right now! Anyone who has lost their jobs this year is probably begging for a stable income even if they have ambitions of being an entrepreneur. Yet Robert sits here seemingly mocking that approach to work from his perch at the top.
He put me on but now I can’t watch or study his teachings anymore because it’s all fear based “concepts” that don’t teach you anything new.
He’s like “I don’t work for a check”. Ok we get it. There’s definitely new investors now that provide more value then him. Sad to say
I agree. There was nothing helpful in that interview. I am a former Marine too and I understand challenging yourself. I have read Kiyosaki’s book, Rich Dad, Poor Dad. But lately, Kiyosaki doesn’t seem to offer anything good or informative. He doesn’t offer any good thoughts or suggestions, just self-platitudes. I will always honor his service but c’mon Kiyosaki, you’re not helping.
Paul J time is very precious. Now I watch ppl that will actually teach me something new
I’m not sure about you guy, but I get the impression he does not really answer the question
For the first time ( I follow impact a long time) I did not get answer to Tom questions
Tom tries hard to get this guy to tell us something useful. He just wants to brag/boast! He tells us he just "stepped it up", he "doesn't hang out with wimps"!!
@@JeanneDeSilver Same think happened in Patrick's interview with Robert on Valuetainment. Word for word. Does not answer questions but put others down and brags about himself.
Robert does that with everyone, i m personally sick of hearing him saying the same old broken record and telling us about his fucking past. give us some solid ground to work with not fizzy tales and running around his own tale like a dog
He says he entrepreneur he is sale man so you should get him what dose mean, you snow flakes
Bashir Rezie the way you talk, you sound like a snow flake.
What's really crazy is, I'm at work picking up construction garbage. I asked my wealthy brother how he saved money? Cus i work so long and have no large sum by the end of 3 months. He said "track your money."
I sighed. Accepted it. Put my headphones on for a podcast and this is the first video on my feed. Idk what that is, but let's go.
Haha. Irony. You are going there dude. Look at the cryptocurrency called XRP. In 2017 it returned 36,000% gains. In a single year!!!!! It runs on a 4 year cycle. So the next huge gains are coming soon!!! XRP for the win!
Your brother gave you good advice. When I tracked my income & my debts, my life changed dramatically in 6 months.
Good luck my friend!
Thats synchronicity! Your soul is sending you signs
Smart brother.
Track your money, literally sit down and go through every penny. Find the holes in your budget. Find ways to increase cash flow. etc :)
Usually, I love your interviews, but your interviewee keeps going on tangents and patting himself on the back, all right, we already know you and your achievements, get to the point sir...
Sorry for my english, I'm french.
Your English is fine, compared to the products of the No Child Left Behind act, it's laudable actually.
Agreed 100%
@hicham elhadi haha ntakellem el arabia ayden
@hicham elhadi ahhh trop bien!! Je travailles à NY depuis mars, Paris me manque...
I almost deceive myself about knowing what you are talking about, I am a Chinese
When it comes to money, remember that every penny you ever made came from you. So don't get excited about money get excited about YOU. 🌟🍀
Hit the nail on the head
This is what he tells himself when 50% of his tenant's total income is passed to him through rent.
I love how this is the first time there was a disclaimer at the beginning of an impact theory video lol 🤔
This guy never ever answers questions properly, or gives any definitive answers 👎🏾
He is a broken record lucky he made money but not in touch with our youth and our times
Glad I'm not the only one who thinks RK is an overrated pain in the butt....
Robert Kiyosaki’s philosophy is to give you educational tools and not just answers. There is no “one size fits all” when it comes to getting wealthy. You have to invest in your financial education then make your own decisions.
Because he is a liar.
Tom you tried your best but people need food in their stomach to pick themselves up and first pay rent. This comes later. Teach them to look around. Stat something volunteer and then it can grow, do part time gigs slowly slowly. I do not think he really answered the questions.
RIVKA ESTHER KLETSKI yes he did
I feel that you really have to understand how Robert explains points with a story from his own life so as to understand whar he's saying.
Ian Kamuri agreed. I’ve read some of the comments and understand there perspective. But your right you need to understand Robert and listen to his message.
I definitely appreciate Robert’s perspective and experience in finances, they’ve given me a lot to think about and act on!
Sapovne the way he thinks is different than most people, and it opens me up to another perspective. I think it’s important to be educated about finances and learn as much as possible before making decisions.
"We're going through a depression; but for somebody with a soul and a spirit - It's the greatest opportunity in history." - Robert Toru Kiyosaki.
That's precisely what we need to hear. Thank you.
Impact theory making this quarantine better !
Wow, I thought that this was the best interview I've seen done with Robert Kiyosaki! You made him squirm, pressed him to answer, though he dodged a lot. I heard things from him that I hadn't heard before. Well done!
True! Heard some new things that I hadn’t heard before
Is it just me or Robert keeps repeating the content of his book in this interview instead of answering the interviewer’s questions...?
i love robert kiyosaki's books!! Thank you Tom for always providing amazing content. It's inspired me so much in my own life. Really can't thank you enough :)
Can I just commend you for you perseverance on your questioning strategy as it wasnt easy 🙂
Thank you Tom for bringing Kiosaki at a time like this, he is much needed.
We will spread the message!
Right!!
snooze fest
@@KBonilla go elsewhere then
TB: "Can you go into the mechanisms of that?"
RK: "i was a C student .... i have a Bachelors which stands for B.S. ....there's some homework for flying gun ships ......I don't have a license...... i wouldn't be back if I didn't practice to be the best"
How do people still buy into this pied piper garbage anymore???
Tom worked hard to pry anything meaningful/helpful out of this braggart. He actually insults "average" people yet presents himself dressed like a teenager!
@@JeanneDeSilver I agree, I think Tom kept trying to tactfully redirect to some actual tangible replies, but just kept getting fluff and nonsense. Maybe why it's only 30 minutes hahhhaa
Well said. Most of the people don't listen at all, 90% of the impact theory guests just want to sell their books and have no value. Health theory is much better!!!
Bless you Tom. As smart as this man is, he’s a very challenging interviewee to get linear conversation going with.
Disappointing show, "Robert Kiyosaki is putting tremendous amount of information in his books" but not offering anything on this show. All he did was talk about himself - sad!!!
1st of all, I've got mad luv for Tom & how much my life has improved from watching his shows - so thank you Tom!🙏🏾
Now as for our boy Robert... I was waiting to see if anyone else was going to voice what I've been feeling about him lately. "Rich Dad Poor Dad was a masterpiece. So were some of his follow-up material. *Edit - a few of the books that followed that.
Lately however, he seems to be off his rocker. Always bragging and putting other people down. Not really offering any new insights, just boasting of his wealth & trying to push his new material.🙄
I'll always stick with Tom but I unsubscribed from Kiyosaki's channel some months ago. Unfortunately I can't take him anymore.
I don't agree, he puts very little useful information in his books. They're a waste of time and money. Don't make him richer by buying his worthless books or seminars.
@@castleberg6737 I've read several of them too, unfortunately. Luckily, I've never gone to any of his seminars. I've heard they are only pushing expensive up-sells, encouraging people to make runs on their bank accounts, or max-out their credit cards in order to pay for it!
Tom you're the fkin' man, but this was brutal to watch and we all know you couldn't wait to end the interview. Good job trying to squeeze out as much *details* as you could. Love your show man.
Tom, what you do week after week is amazing.. Thank you for all you do..
Update guys! Completed reading another book. Book count: 266 :)
Yeyy also I hope you're not just reading more stuff but actually using that stuff or else it's just useless
@@kayaeki Absolutely! :D
What are your top 5 favorites?
Francita007 K My top 5 books are 1) Untethered Soul 2) Digital Minimalism 3) Lies my doctor told me 4) Deep work 5) Atomic habits 😁
mai72 I fold the pages I read and implement the things I like straight away. Also, if I read from e-books, I screen shot the paragraph and keep it in the respective book folder. I have lost 57 pounds in last 6 months, learned Japanese in 50 hours, learning 8 more languages, I’m reading and studying with fun and interviewing world experts on health and mindset who helped me along my path. 😁😁😁
Most of the wealthy people I know started out with Rich Dad/Poor Dad as their go to, took Kiyosaki's advice, got a financial education (prep work), then financial skills through failing, a LOT, built teams to achieve what they were after, financially and otherwise, and very carefully, as he said multiple times, picked the 5 people with whom they spend the most time, challenge vs comfort/security, sales, push to be the best that you can be at what's important to you...
He laid it all out here, tough guy to interview, as he's challenging traditional beliefs at every turn, providing unconventional advice for making money, and not directly answering Tom's questions, but everything you need to be financially successful is contained in this short interview.
If what he's saying doesn't land with you, find another teacher/mentor who says things that do land well with you, then take ACTION on what you learn, and use that feedback to get where you want to go, financially and otherwise.
Comes off like oldster, toughguy embellishing what he’s accomplished. If he’s all true, there’s an ego weirdness there that I just don’t resonate with. Also, he was hardly aware of you and your impact -where’s he been? Thanks for your work and driving curiosity TB, it’s continually appreciated.
Couldn't finish this. Tom really tried but if the interviewee wants to just glorify his own achievements and how hard he has worked to get it instead of answering the questions and teach us something we can practically apply into our lives that can miss me.
Me too! One of the first times I haven't watched one of Tom's videos til the end.😕
He is answering the questions in the way that thinks. He is not a detail person - he speaks more abstract, theoretical, metaphorically ("where's your soul?" = "what is your mindset?"). Stay open people.
Thank you for your video with Robert Kiyosaki
I got more valuable information from the comments section than from Robert's input. Thanks anyway Tom!
Tom you’re so incredible , I like your shows , really inspiring . Thank you so much, God bless you 🙏!!
Whether Robert is self-aggrandizing or not, he has been predicting this exact economic situation we're in for YEARS. He has written multiple books spelling it out, and exactly what to do and how to prepare.
This is definitely more of an 'I told you so' I interview, but his content is out there to go consume and actually use to put yourself in a better position next time. I always learn something from listening to Robert, if not simply a financial reminder. Thanks Tom for having him on, another great interview!
Thanks for this session Tom, Rich dad you're awesome Man...
I love how robert skirts the last question
Hitting Publish, whether on my blog, Medium or TH-cam, terrifies me. So I publish every day. Because this is the only way forward for me now. Thanks for a great video.
The moment robert started talking about his flying career ..at that moment tom knew he was f*@kdup😂😂
IM rly inspried about Joe dispenza, he rly have change my life.
Same!!
joe dispenza is amazing.... read a few books by him
If you don’t already have it but I would highly suggest checking out the app Gaia! Lots of content from him plus loads of other interesting subjects and practices such as yoga. you’re welcome! ;)
Amazing interview, thanks Tom and Robert!
yup!
Thank you Tom for asking poignant questions.
Awesome, currently reading his book.
Tom you did your best to keep this on point and relevant but even your skills couldn’t save it. I couldn’t even finish it.
Thanks to the comments i don't have to waste my time watching the Ep! much appreciated !!
R Kiyosaki answer questions about finance better and Tom was asking him more about life questions, I believe Robert K answered the best he can. One of the few things I learned from him is to fail and do not be afraid to fail, be an entrepreneur, and hang out with people who do what you are doing.
He completely avoided answering your question about mutual funds and why he doesn't have any by deflecting and going on a tangent on being in the marine core and didn't answer the question.
Agree
I'll answer for him..One, never hand your money over to someone to manage..Two, to many fee's a penalties. Three, not liquid. Four, long term buy and HOLD doesn't WORK.. If you think Mutal Funds are a good idea, stay out of market
@@CryptoBellwether thanks. That's much better than "I was in the marines and Vietnam war".
And what about the part about this is good advice for the average person?
Ray Meadows would you recommend mutual funds, index funds or ETF and why?
rb5286 thank you 🙏
There's no escaping this guy 😂. I stopped following his channel because it's always the exact same pitch. He goes on and on about his life adventures. I appreciate the general advice he gives and it's great but it's very broad. You hear him once and that's enough.
Have u watch the interview with Joe dispenza? :D
Yes his 😞. Saying everything from his book
I've been following Robert for pretty much a decade and I know exactly what you're saying. But he is pointing at a broad, general, and vague idea. Unfortunately, you have to read his books to get further in. Beyond rich dad/poor dad and cash flow quadrant.
I'm not really sure why he doesn't advertise his other books, but that's where he put a lot of the answers that he doesn't explicitly talk about in interviews
I feel the exact same say. I've listened to so many of his shows, interviews, hoping for something more... but never get it. Judging by reies, I'm not the only one! Too bad
Before I even watch the video, paused to say YOU LISTENED TO MY FEEDBACK AND GOT ROBERT ON YOUR SHOW I LOVE IT THIS IS WHY I CONTINUE SUPPORTING #ITU YOU CARE ABOUT US❤️❤️❤️❤️❤️
Tom tried his best here to get help/advice/insight for us common folk. Let’s stop criticizing him for this episode. As soon as he figured out he wasn’t going to get the valuable information we all are looking for, he basically cut the interview short to less than 30 minutes. Appreciate your intention, and your work ethic, Tom. Thank you for continuing to grind and get us information to continue learning during this time. Stay safe everyone. Much love.
Kiyosaki's speaking from himself in stories that are relatable to anyone really listening. I respect that considering how many people are living in fear and looking for direction from someone besides themselves. I'm sure it helps him to not be as liable, too. Like any other shared wisdom you can look at it and decide what you'd like to apply for yourself.
That's too general. People here are looking for new information
I've learned so much from his books and honestly I think he has some great advice and guidance in his books but this was tough to watch, he's just talking about who knows what lol?! no wonder the interview is only like 30 min - I think i've watched 100s of these interviews and this might be the most out of touch guest lol. Tom I could see your frustration
Two of my favourite voices to listen to.
Robert Kiyosaki is normally great to listen to. He has put out some fantastic information. I get why you’ve had him on the show. Very surprised he didn’t answer the questions more directly.
When he could not give a coherent answer to the very first question eye knew to move on. Eye thank him for his time and yes eye have read his book. Book great......on this interview not so great.
This is a good episode for friendship day, he is concerned about 5 friends all the time
Thank you for sharing this! Bless you both 🙏🏿 ♥️
Wow this is amazing Tom! Big thank you to you Robert for this! So many gems 💎 I actually purchased The Cashflow board game to play with my son who’s currently 12.
Robert has been a great writer, achieved great success for sure; but this interview he didn't seem to be staying on the track..Hope to have a greater version of this in the future. Thank you Tom.
Wow!!! Thank you for this video
For those with negatives comments below I suggest you to rewatch the whole interview once again, there's so much you haven't got.
He points out that everything is about attitude, learning, taking risks...which it is why he link it with the military.
I strongy recommend playing monopoly and also his game cash flow...
Old school meets new school! Love it! Great job Tom, continue to inspire, really love what you are doing for our generation!!
But I still enjoyed listening to him
yup!
For all the people here to learn (not just to troll) - Here's some of the principles (not in order) they talked about:
- Mental Toughness
- Preparation and Education
- Leadership is uniting people for a purpose
- Learn to Fail Forward
- Letting your troubles build you up instead of break you
- Taking adversity as a sign to improve
- Build your inspiration
- Using free education resources (TH-cam, etc.) to actually move yourself forward in life
- Seeking benefits and Job Security will never make you wealthy
- Ordinary (job) income vs. portfolio income or passive income
- Employees pay the highest taxes
- People Adding value to other people and the economy (housing, jobs, etc.) gets tax breaks
- You will become like your 5 closest friends, so chose them intentionally to move forward
My opinion is that sometimes it's abit difficult to understand exactly what somebody with radical ideas such as Robert means, however deep down his message is this journey towards "success" or whatever you may call it "enlightenment" etc, is going to be one where you will lose friends, you will have to go through without the right amount of resources (one engine) you will question if you're doing the right thing or if you're in the pathway to destruction...but when push comes to shove if your soul is in this, and if you sorround yourself with a die hard team, the world is yours and you will achieve abundant success, but it all starts with you!!
Beautiful interview !! Thank you
*“What potential is lying dormant in you that could be released if you just chose to believe in yourself and your abilities?”* - Jack Canfield
Boom! Well said bro
Fantastic video - @tom and @robert
Thank you both!
Great session bro.. lots of gratitude🙏🏻
I am just reading his book
started today and impact theory has this video
what a pleasant surprise
Tom, stumbled on to your channel..... I watch a lot of YT... You are great at interviewing! You ask very specific questions and it provides the viewer the best opportunity to learn from your guest. Thank you for sharing your helpful talent to all of us out here!!
Great job, Tom!
The last question went unanswered.
"What's the impact you want to have in the world?"
Tom is good in asking the right questions the right way, keep on doing the great work Tom. the speakers insights are life changing out here.
Awesome...thanks a lot for those great inputs..!
Don't listen to this guy. He became rich after selling his book on how to get rich. He doesn't practice what he preaches.
When internet was starting out, he called people who attended his seminars 'idiots' for spending time on internet. He said internet is just a fad and it will go away, lol. Also people who met him have said that his personality sucks. He would insult people left and right particularly those who were internet entrepreneurs. You guys can read about that on internet. The only good thing about him was his wife Kim, who is well spoken and has a heart of gold. She genuinely wants to help people.
Rich dad poor dad is a great book with solid principles but rest of the books, not much.
let me introduce you to Dan Pena :) lol
After 8 minutes i had enough!!
Not all guests going to deliver i guess.
Keep up good work IT team!!
Thanks Tom, great interview. People like you and Robert help to see challenges as great oportunities, and also promote good habits. Keep up the good work.
Yup!!
This is the first IT episode i couldn't watch past the 10 minute mark... Whereas years ago i was buying his books and i was kind of a "fan"... Tom is a professional though, as always, and with his ability to connect with the interviwee, it was right away suspitious, that this video is only 30 minutes long...
Usually love your stuff Tom, but lately these interviews have been more fluff than real actionable advice. Too much generalizations.
maybe there's a deeper thought into these statements
Of course the advise is generalized, it's made to apply to as many people listening as possible. And everyone's life is unique. What more do you honestly need? He's already told you everything you need to know to get started. Get off youtube and go do something instead of complaining that no-one has a perfect blueprint for your life.
I actually already have. Started a supplement company in Sweden in 2017 thats going to do 13 million usd this year with good profit. Also started personal development and weight training 8 years ago so I built up a, to the average folk, impressive physique.
Not saying this to brag, more so to say that I've built an ear to what can be considered actionable advice. I love Tom's work and is one of the people I really look up to and want him to do even better, thats why I even bother writing.
Wonderful Interview with a legendary teacher. Thank you Tom!
We have the book (Rich dad Poor dad) Robert Kiyosaki.
Tom one day i can come to your show when i'm an adult.
nice!
I had to come to the comments section. I am so thankful & admire what Tom, Lisa & the IT team are doing and have signed up for ITU and got so much from so many of these sessions, but this is a first for me. I am 3:44 into this and I'm out, this chap does not come across well at all as someone else said he comes across as a hustler pitching nothing, adding nothing and I'm guessing from the comments it goes downhill from here. I feel for Tom on this one.
Yo Tom, can you get 50 Cent on man? I feel like he's got a lot of value to add to your show and he just published a new book.
His book rich dad poor dad amazed me and changed my thinking. It is tough and painfull to realize that this is the same guy answering every question with military or his biography. That is the only content he repeats over and over in all videos and books.
Excellent information!
Great information and insight.