Robert Kiyosaki the Business of the 21st Century Review

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 · viii,851 ratings  · 626 reviews
Kickoff your review of The Business organization of the 21st Century
Jeff Scofield
Mar 18, 2017 rated information technology did not similar it
"This volume is either going to excite you, or information technology is going to floor you". The prediction uttered from the guy across from me at the Starbucks table as he pushed this piece of writing in my direction. Days before, I had met the admirer in my identify of work. He was prissy enough. Very personable. Good communication and people'due south skills. Piece of cake to connect with. Traits that he felt he likewise constitute reciprocated in meeting me. Something that was evident when later I assisted him to the best of my ability, he "This book is either going to excite you, or it is going to flooring yous". The prediction uttered from the guy across from me at the Starbucks table as he pushed this piece of writing in my direction. Days earlier, I had met the gentleman in my place of piece of work. He was nice enough. Very personable. Practiced advice and people'southward skills. Easy to connect with. Traits that he felt he also constitute reciprocated in meeting me. Something that was axiomatic when after I assisted him to the best of my power, he asked the question that whatsoever person worth their weight in sales is asked by patrons like this admirer. "How long have y'all been doing this?". Followed by the expected, "Is this a long term matter for you or something you are committed to?". . .

What can I say. I had fended off queries like this in yr's past, but this charming soul caught me on a rare kind of twenty-four hour period. So flash dorsum forward after I agreed to a sit down with him. He speaks of secretive projects, people he wants me to come across, random success stories of people who run in his circumvolve, and information technology all stems from the question after he easily me this book. "What do y'all know about network marketing?".

I was given a couple days to breeze past this earlier I met with the guy again to discuss what I thought and where this might atomic number 82 to. And while I didn't know much about network marketing before mitt, I can attest after reading the book, I yet didn't know really that much later either. Merely I definitely know enough. Walking right into his prediction, information technology definitely floored me and I couldn't help merely give my ii cents.

The "WOW Reads" library is what I call the collection I take over the years put together for my work family unit full of self assist literature. Ranging from inspirational and motivational, to sales and leadership, to only plain personal development, it is a wonderful variety. Blest by the names like Steve Farber, Og Mandino, John C. Maxwell, Stephen Covey, John Wooden, Jon Gordon, Brene' Brown, and a fabled list of historical figures we can learn from, y'all will not find Kiyosaki anywhere well-nigh this library. . .

Information technology started to turn virtually the time Kiyosaki was explaining his trials and tribulations in 1985 when he and his wife were living in their old brown Toyota and doing picayune jobs hither and in that location to put food in their bellies and "their home" (gas in their car purposefully alluded to for dramatic event). Ever so often a friend would step upwards and aid them out in their time of need. And when these friends would ask them why couldn't they just go a job to steady their lives out, this would have been the time your typical self aid writers would depict an inspirational message of how they were in dire straights and a positive mindset with a solid work ethic helped them go out of information technology. Non Kiyosaki. . .

In so many words in all the pages that followed, Kiyosaki'south response to his friends, his readers, and to everyone was, "why would I waste my fourth dimension with work when I'1000 above it. . ."

Friend or no friend, yous may accept a good idea how broad I would open my door for a person that has that kind of mindset. Simply all things considered, by 1989, every bit Kiyosaki loved to celebrate, he was a millionaire. . . Congratulations, well done, y'all figured out a system somehow and made your buck. And now he is hither to share the secrets of his success for the small price to pay of his volume (to which he gloats he has now 7 New York Fourth dimension'due south Best Sellers) or one of his seminars (you lot don't want to know what those run for). I wish not practice delve too deep into his theories or egocentric misleadings that he truly does care near you getting rich, but I will sum up some his rhetoric. Most of this educate derives from a four corner chart that all professionals can be chalked up to. The "E" quadrant stands for employees and the working class. The "South" quadrant for self-employed, small business owners, and career specialists (lawyers, doctors, firefights, etc). The "B" quadrant regards big business and corporate heads. The "I" quadrant is for investors and investment opportunities. From hearing that, one could assume that majority of the population resides in the E and the S quadrants while the prestigious few similar Kiyosaki and his friends like the often name-dropped Donald Trump belong to the B and I quadrants. And co-ordinate to Kiyosaki, the working grade of the E and S who trade their time and free energy for money are doing it wrong.

It'due south a tough pill to eat when you actually sit down with i of these I and B quadrant people and actually enquire them "what is it that you really practice?". A simple question, but yous'll find information technology complex, complicated, or downwardly right hard to get a direct answer. And not because yous just might be an Eastward or an S person and your small-scale brain can't possibly grasp it like they will lead you to believe. When it comes down to it, they're gamblers. They deal in simply as much monopoly money every bit they practise legitimate currency, and they strategically build their firm of cards businesses/projects/systems in hopes that the slightest of friction doesn't send it toppling downward.

Yes, Kiyosaki played with the business firm money and became the rare exception to come out on top. He, like Trump, then many other mogul'south sit atop the Forbes listing and preach their "swing for the fences" propaganda with how they risked everything to become everything. The book further preaches that in order to be a B or an I person, you lot demand to have the determination to take those chances and throw all caution to the wind. . . Simply do I need to remind you that less than 1% of total population in the world controls over 99% of the wealth? So how many of those thousands, millions, billions of people out there are struggling for the pipage dream of condign the 1%, risking it all, and losing. Only to exist told, "oh well, I estimate y'all are just an Due east or an S person after all". Barring the rare exception, and fifty-fifty those moguls on the Forbes list become tagged with a defalcation every now and again, the business firm always wins. . .

Then here again is Kiyosaki, who subsequently blathering for some fourth dimension near his self-made success introduces the brilliant thought of "network marketing". Turn the next page afterward he introduces information technology, I child you not, the offset thing he confesses is "I didn't really make my money from network marketing nor do I technically. . . . DO . . . . network marketing". And even so, hither he is dedicating an unabridged book about it and pocketing the profits. To all the I and B quadrant thinkers out at that place reading this now, this is what he refers to as creating an "nugget" that makes money for you. . . And damn am I glad the dude who had me read it just pushed his copy my way instead of making me buy my own and make my own contribution of supporting the problem.

I am personally all for letting people believe what they desire to believe and to do what's in their rights to exercise. However, I begin to have bug when someone is attempting to force what they believe onto someone else and flat out tells them they are bad or they are incorrect if they are not doing information technology their way. Kiyosaki and all his B and I cult, yes cult followers, are free to shoot for the dream and get for their wealthy lifestyles. But don't you dare await at the working class people who brand this world turn and tear them down or make bottom of their lives. Specially when bulk of the doings of this so-chosen greenbacks cow beingness preached nigh here is typically chalked up to a bunch of shady dealings, pyramid scams, ponzi schemes, or whatever sham is existence devised to cheat the working class they're slamming at the same time.

It should be no shock that when this guy sat back downwardly with me the 2d go around, the false empathy in his happy-become-lucky positive outlook demeanor couldn't milk shake that I had only chosen his "bible" flat out pretentious and condescending to decent homo beings. To my credit, I said it with a smile and in the inviting mode to appoint in the e'er dying form of fence. But similar most people these days, they are right, you are wrong. And when I gave the chance for him to explain what this project really "does", on came the I and B quadrant mumbo jumbo to tip-toe around the question that he simply chalked up to "I wouldn't go because I was stuck on the other side of the chart and people like me would never empathise". He told me that it wouldn't be a great fit, he wished me well with my task, and that if I e'er changed my listen to give him a call and he would refer some names since he wouldn't about likely be looking for anybody at that point anymore. . . Kiyosaki would be so proud.

Life lesson learned and my showtime Fail grade of the year on a volume. WOOT

...more
Ujjawal Sureka
Genre: Finance, Business
Publication Engagement: 2010

- The kickoff one-half of the book is good, the author tells united states of america well-nigh the financial condition of the USA and of the world in full general. He talks about the idea of having a business, and how to continue finances in our command.
- He offers various insights into how professionals can be divided into different quadrants. And the pros and cons of each of these quadrants.
- I found his views on avails to be good and reasonable.
- The second half of the book is open up to i

Genre: Finance, Business
Publication Date: 2010

- The first half of the book is good, the author tells united states about the financial status of the U.s.a. and of the world in full general. He talks almost the idea of having a business, and how to keep finances in our control.
- He offers diverse insights into how professionals tin be divided into different quadrants. And the pros and cons of each of these quadrants.
- I found his views on assets to exist good and reasonable.
- The second one-half of the book is open to interpretation, its a business organization model described by the author, called Network Marketing.
- It is a model used in some major businesses, it sounds like a catchy thought, to be able to manage a scalable concern forth with a job.
- Its an okay read.

...more
Christopher Obert
I call these types of business books "Feel Good" books. The authors spends virtually of their time making you experience good well-nigh yourself, and I have no problem with that, we should all feel good well-nigh ourselves! However, this is supposed to exist a business book and when a concern volume sounds more than like a pep rally it is time to head for the door! This book is full of contradictions! These contradictions prove to me that slight of hand is taking place. The volume is no different from the Rich Dad, Poor Dad I call these types of business organisation books "Feel Practiced" books. The authors spends virtually of their fourth dimension making you feel skillful well-nigh yourself, and I take no trouble with that, we should all feel skilful near ourselves! Notwithstanding, this is supposed to be a business volume and when a business book sounds more like a pep rally information technology is fourth dimension to caput for the door! This book is total of contradictions! These contradictions prove to me that slight of hand is taking place. The volume is no different from the Rich Dad, Poor Dad books that Kiyosaki wrote. There is some truth, and even a hint at adept business advice in them, but the books fail on besides many levels to be worth the time. I recommend yous await to other business books if you lot are serious nigh creating a business, improving your fiscal health or learning more than about the economic system. ...more than
Hisham
Dec 13, 2013 rated it did not like it
summary :

-become a salesman for a company
-detect your friends
-convince them in purchasing from y'all
-inspire some of them to exist a salesman merely like you for the aforementioned company

I don't similar the concept . What an awkward state of affairs to be a salesman and the target of your salesman tricks are your friends, and even if you take off your salesman lid things still feel weird.

I would hate to be in a friends gathering and suddenly hear " hey the thing you sold me concluding week is a piece of junk , give me my money

summary :

-become a salesman for a company
-find your friends
-convince them in purchasing from you
-inspire some of them to be a salesman only similar you for the same company

I don't similar the concept . What an awkward state of affairs to be a salesman and the target of your salesman tricks are your friends, and fifty-fifty if you take off your salesman lid things withal experience weird.

I would hate to be in a friends gathering and of a sudden hear " hey the thing yous sold me last week is a slice of junk , give me my money back "

...more
Eric Steinmuller
What a load of rubbish. More of a self-assistance volume as it is devoid of whatever sort of "business of the 21st century". The author was probably looking to line his ain pockets by talking up the scam of network marketing and attempting to button it on his readers.

Do non waste material your time with this garbage, you'll regret information technology. I sure do.

What a load of rubbish. More of a self-assistance book equally it is devoid of any sort of "business of the 21st century". The author was probably looking to line his ain pockets by talking upward the scam of network marketing and attempting to push information technology on his readers.

Do not waste your time with this garbage, you'll regret it. I sure do.

...more
Em Anthony
I just read 115 pages of basically no valuable information. A lot of words with no substance. "This is going to be groovy!", "This will change everything!" "Freedom freedom freedom", "this works!" All without offering any physical information on how this network marketing fully works. I just read 115 pages of basically no valuable information. A lot of words with no substance. "This is going to be great!", "This will modify everything!" "Freedom freedom freedom", "this works!" All without offering whatsoever concrete data on how this network marketing fully works. ...more
Sukhi
Jan 18, 2018 rated it did not similar information technology
The volume should be renamed "The concern of edifice a pyramid scheme" The book should be renamed "The business of building a pyramid scheme" ...more
Martel Campbell
This book presents an interesting perspective on wealth creation and one that in general I agree with and sure that Mr. Kiyosaki does too. There are merits in his cash flow quadrant thought and don't remember many would disagree that investing coin to have it piece of work for you (I quadrant) and owning a large business with the resources to support itself with minimal attempt on owners office (B Quadrant) are preferable to being an employee (E Quadrant) and starting a visitor from scratch (S Quadrant). Simply This book presents an interesting perspective on wealth creation and 1 that in general I agree with and sure that Mr. Kiyosaki does likewise. In that location are merits in his cash flow quadrant idea and don't think many would disagree that investing money to have it piece of work for you (I quadrant) and owning a large concern with the resources to back up itself with minimal effort on owners role (B Quadrant) are preferable to beingness an employee (E Quadrant) and starting a visitor from scratch (S Quadrant). Simply this pretty much amounts to common sense. The thought of earning passive income is not revolutionary in the the slightest. The reason that it's not more than common is because information technology is incredibly difficult and what this book attempts to offer is a shortcut to that reality.

This book uses a valid theory of possessing avails that generate ongoing income to try to sell a poor application of the theory. Later on pg. 30; this volume turns into a consummate sales pitch for this new "Business of the 21st century" model *eyeroll*. Kiyosaki definitely believes on developing assets that generate income just he is not out there building a network marketing company; his asset he developed was his personal brand which allows him to go along slapping his name on the same content and selling it to people.

The largest and most profitable companies in the 21st century are NOT network marketing companies. This should be adequately obvious merely if you'd like some support for this argument wait at what companies etch the Dow Jones Industrial Index or the S&P 500. A "business organization of the 21st century" that is non prevalent in the 21st century is probably not the concern of the 21st century. Kiyosaki repeatedly makes the argument that network marketing isn't about selling which is consummate bs. Just because it's not about selling products doesn't hateful it'due south non about selling; in my book selling dreams notwithstanding counts as selling and that what network marketing amounts to in regards to a business model. On an elementary level, businesses brand money by A)selling something or B) providing some service. The notion that "the whole signal [of network marking] is non to sell a production merely to build a network." Building a network certainly sounds more noble than "selling a product" but in the context of network mark, what is building a network? It is having "an army of people who are all representing the same product or service to share with others." And how practice you become this "army of people"? Yous tell them how dandy network marketing is and all the ways they will benefit if they join yous in the business! And all they have to practise is nourish a presentation (or drink the kool-assistance from this book) and pay a fee and so it could be all theirs ! (hint hint: convincing someone to do something for a fee is called a auction). And this he says, is what the business is all about. So yes, network marketing is indeed about selling a "production" which happens to be a dream. To those who retort,"nobody says its like shooting fish in a barrel so it's non selling a dream," I'd respond that when the undertones of your sales spill is "these people did it and have fiscal freedom now, so yous can do it too" then y'all are selling a dream. Which fundamentally; at that place'due south nothing wrong with all the same I personally object to information technology equally a matter of principle. Some people are okay with selling dreams to their family unit and friends; I'k just not.

I'd accept a meaning amount of more respect for the network marketing idea if those companies framed themselves as providers of professional development and entrepreneurial skills and individuals pay a membership fee for access to that skill grooming and are able to earn commission past selling the services to others. Much more than authentic and transparent business concern model than what Kiyosaki describes. This would imply that there was legitimate professional person evolution and entrepreneurial skill training taking place which may not be a completely accurate supposition just that's a different conversation.

Just what do I know...

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Supreeth
Whatever Marx was to Soviet Union, Nietzsche was to third Reich, this is that for Pyramid scheme.
Kris
A whole lotta bad fluff.
Thinking I was doing basic career networking, instead I plant myself listening to a spiel well-nigh "network marketing" one random afternoon. It was quite fun to pick apart the apposite vague praises of working your own hours, owning your ain business, getting rich, retiring early, receiving mentorship, and building the "right mindset" virtually business organisation. Somewhere in between a pyramid scheme, Amway, and Avon. If someone hands you this volume, run away.
Vaishali
Jun 02, 2015 rated information technology actually liked it
Geared toward the network-marketing cult, but however has pearls for whatever entrepreneur. Some gems:

In that location are iv types of people :
------------------------
one. People who always have to be right
** rarely change
** lawyers, accountants

2. Condolement-seekers
"... House could exist called-for down, but they're on the sofa watching football... "

3. Approving-seekers
** people who must be liked
** will probably never exist successful, considering their survival is linked to making others happy

4. People who similar to win
** sett

Geared toward the network-marketing cult, simply still has pearls for whatever entrepreneur. Some gems:

There are 4 types of people :
------------------------
1. People who always have to exist correct
** rarely change
** lawyers, accountants

2. Comfort-seekers
"... Business firm could exist called-for down, simply they're on the sofa watching football... "

iii. Approval-seekers
** people who must be liked
** will probably never exist successful, because their survival is linked to making others happy

4. People who like to win
** setting large dreams and goals
** achieving something no matter how long information technology takes

"Create assets, meaning something that generates wealth without you working on it."

"Do not piece of work for money... Piece of work to create an asset. That nugget volition create wealth for you. Avails are real wealth."

"Wealth is not measured in money, wealth is measured in fourth dimension. If you accept $1K in the bank, and your expenses are $1K monthly, and then your wealth is 1 month. If you have an asset, then your wealth is infinite because it's always giving you greenbacks."

"The people who win are the people who have activity."

"Become bigger than your bug."

"The economy is not the issue... the issue is you."

.

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Wells Hamilton
The good: Information technology introduces readers to the power of a network in business organisation. I idea I knew what this book was going to be well-nigh, merely was surprised. Some lightbulbs went off, and it colored in certain ideas that had one time merely been in black and white. Also, this book reminds readers of the "cash flow quadrant" from his previous book of the same proper noun, which is a very valuable notion to understand.

The bad: This volume reads like a sales-pitch website. The kind where there'southward a sparse row of text in the mid

The good: It introduces readers to the power of a network in concern. I thought I knew what this book was going to be near, simply was surprised. Some lightbulbs went off, and information technology colored in certain ideas that had once only been in black and white. Also, this book reminds readers of the "cash flow quadrant" from his previous book of the aforementioned proper name, which is a very valuable notion to empathize.

The bad: This book reads like a sales-pitch website. The kind where there'southward a sparse row of text in the middle, and you lot scroll down for a long fourth dimension, and then there's a link to some product at the end. I got a few good nuggets of noesis from this book merely it is 90% fluff.

...more
Angela Marra
December xix, 2012 rated it it was amazing
Great volume. Found it very informative. Robert expands on the way business is heading and to look out for yourself, you demand to work for yourself. I'm on my way. I've found the correct Net Piece of work Marketing Visitor to succeed with. I believe in it and I'm going all the way...My goal is to be Financially free. Cheers Robert Kiyosaki for the inspiration! Bully book. Constitute information technology very informative. Robert expands on the fashion business organisation is heading and to wait out for yourself, you lot demand to piece of work for yourself. I'm on my fashion. I've found the correct Cyberspace Work Marketing Company to succeed with. I believe in it and I'one thousand going all the way...My goal is to be Financially gratis. Thank y'all Robert Kiyosaki for the inspiration! ...more
Tamara
Feb 07, 2018 rated information technology did non like information technology
This volume is all well-nigh how yous should exist a part of a pyramid scheme. It even has literal illustrations of a pyramid scheme with one guy at the summit.

Robert Kiyosaki is just gross.

Adrienne
Sep 26, 2018 rated it did non like it
Quick read but overall did not resonate with me. Though the author makes some practiced points (most the importance of building assets, the need to update our education organisation, etc), he was so unlikable that I had a difficult time developing the trust that is necessary in taking someone's communication. (He tells an chestnut, for example, almost how at one point in his life he and his wife were so poor that they were living out of their car. Friends would sometimes offer them a place to stay or meals and inquire the Quick read but overall did not resonate with me. Though the author makes some good points (about the importance of edifice avails, the demand to update our education system, etc), he was and so unlikable that I had a hard time developing the trust that is necessary in taking someone's advice. (He tells an chestnut, for example, about how at one point in his life he and his married woman were and so poor that they were living out of their automobile. Friends would sometimes offering them a place to stay or meals and inquire them what they didn't get jobs. His response was that they wanted a amend life than being traditionally employed and refused to settle for anything less than fiscal independence. —That was one of the nearly arrogant things I've ever heard).

Information technology'southward important to know that this book is essentially trying to sell you on joining a network marketing company. Even so, even after I read all 115 pages of this volume, I was still unclear on HOW information technology worked, and how information technology would bring you lot financial independence without encoding some kind of pyramid scheme.

That existence said, it's a quick and easy read. Propaganda, but quick and easy.

...more than
Justin
Whereas the majority of the books on my read shelf come from my favorite authors, recommendations from librarians and friends, or hearing buzz about my favorite topics and genres, this is the beginning book that has come to me thank you to a trip to Lowe'south. Allow me to regale you with a true story before my review.

We hearken back to early July 2019, where nosotros observe our protagonist (me) shopping for granite countertop sealers at Lowe'southward, decked out in a sleeveless shirt from my college. I generally hit upwards

Whereas the majority of the books on my read shelf come from my favorite authors, recommendations from librarians and friends, or hearing buzz about my favorite topics and genres, this is the offset book that has come to me thanks to a trip to Lowe's. Allow me to regale you with a true story before my review.

Nosotros hearken dorsum to early July 2019, where nosotros discover our protagonist (me) shopping for granite countertop sealers at Lowe's, decked out in a sleeveless shirt from my college. I generally hit upwards Abode Depot, equally it is closer to my house, but they do not stock my preferred brand there. And then I stand at that place in the aisle, picking out what I need. I turn to go check out when I hear, "Oh a [my college] grad! I went to [college nearby my college]!"

I turn to see an unassuming human being in his early forties before me. (For this story, I will call Tom so I don't have to call him random Lowe's man.)

Non wanting to exist rude, I say, "Oh I had some friends who went there."

Tom: "What brings you down South?"

I reply, "A teaching task."

Tom: "No style, I used to exist a instructor. I eventually left to piece of work in consulting."

Me: "I exercise some consulting on the side, too."

He looks at me for a moment. "You know, maybe a guy similar y'all could work with me."

Knowing that extra income is always prissy for public school educators, I say I'd be interested and we exchange numbers. A few days afterward, he texts me to set up upward a meeting at a cafe inside the local Wegman'southward, which seemed a bit amiss.

Still, I forged alee. I curl up to the meeting and we brand small talk. I detest small talk, only I do savor money, so I engage with him.

Eventually, it turns to business organisation. He begins telling me nigh his business organisation mentor who also happened to go to higher and too happened to be a teacher, just he retired at 26 as a multi-millionaire. I should notation that a generic name was given at ane point, but he by and large referred to him as mentor, so I will do the same.

Long story short, Tom had asked mentor to be his mentor and teach him how to concern. I take no idea what the actual business is, but it patently makes a lot of coin. Tom and so begins to ask me nigh my financial life.

Practise I live the life I've e'er dreamed of? I truthfully reply that education isn't exactly a windfall, but it pays the bills.

Could I exist happier with more money and financial freedom? Yes... just I experience similar nigh people would say yes to that too.

(At this point, you're probably wondering how this story is going to eventually tie into a book review. I promise that we're getting there shortly.)

Tom tells me he was in my shoes when he was my age. He had told his mentor about our meeting in Lowe'south. Little weird, only sure, I estimate I'm remarkable. Tom said he had asked his mentor if I could exist brought on like he was.

I was confused at this point considering I thought this was a quasi-interview to piece of work for Tom equally a consultant. Tom tells me his mentor kind of does what Amazon does, but smaller and differently - so basically, non like Amazon at all?

He so drops a bombshell. Tom'south mentor makes money from something called "network marketing." When asked if I know what this is, I said it kind of sounds like BeachBody or MaryKay or the likes. Tom tells me information technology is, but it isn't. Such clear details I am getting.

Enter the book. (Come across, I promised information technology would be coming soon.)

Casually, Tom slides this book across the tabular array to me. It'due south a slim book, clocking in at nigh 115 pages. He asks how fast I can read information technology. Flipping through it, I say it should maybe take me a few days. He tells me the book is mine to read and mark up equally I'd like, and I should ship him my thoughts as I read it. As we're wrapping up, he wants to get another meeting on the calendar.

He says, "How does Thursday work for you lot?"

Somewhat perplexed, as I accept learned no real information in the by hour, I respond, "Well that's my starting time total twenty-four hours of work, so I don't know if that will work." I should also note that this is Monday evening, finer giving me three days to read this unabridged book - and I was in the eye of Pines already (which was fantastic).

He pushes for a Th meeting, and too asks me to bring my wife to encounter his, which I find very strange. At this point, I but agree to it, since I want to leave. Nosotros part ways, and I leave with the volume in tow and a ton of questions in my head. When I get home, I really have no words to explain information technology to my wife other than, "It was a very strange meeting, and I think there is going to exist a second, and he wants you to come, likewise?" She is skeptical.

Wednesday evening rolls around, and I accept non even begun the book. Tom texts me asking nearly my progress. I tell him I haven't even started. He asks me when I could be finished with it. I answer with, "Possibly by the stop of the weekend?"

Tom: "Ok, I will ask my mentor if that is ok with him to extend you some more than fourth dimension."

I haven't felt such deadlines to read since my time in high school AP English language and I am a bit taken aback by a man who is claiming to spout financial freedom needing to become permission for me to take a bit more than time to read.

The side by side morning, my telephone dings with a text from Tom. He's cleared it with his mentor - I now have until Mon to read this book.

My curiosity takes over. What could exist in this book that is and then urgent? I crack it open that evening and dive in...

Overall, it'southward very lackluster. There are a few nuggets of wisdom in there, but non enough to warrant 115 pages. The writer alternates between humblebrags, thinly veiled put downs against the working class, and his close ties with Donald Trump, who seems to be the only wealthy person he knows.

This book was as well written in 2009, and has not aged well. On one page, while mentioning successful businesses, he discusses Microsoft and Tupperware in the same paragraph... neither of which are exactly the same powerhouses today in 2019. The writer too speaks at length about his time beingness homeless and living in his car, but refusing to work since it'due south "below him."

However, he says by thinking differently and growing avails, he made millions. Notwithstanding, he never gives too much away in the concrete details, so the reader has to infer a lot. When y'all read betwixt the lines, you realize what he is calling network marketing is the same thing every bit multi level marketing or a pyramid scheme.

I may not make much as a instructor, but I too don't desire to be bravado upwards friends and family with trying to get them to buy random crap. Not long later, I finished the book, more merely because I wanted to add it to my read shelf since I haven't figured out this whole abandoned volume shelf yet, and then dove into the Internet to learn more.

Apparently, in that location is an ground forces of Toms out there who practise the same thing to young people all over - approach them in a public place, strike up conversation, initiate a meeting afterwards, requite them this book, and then try to rope them in on this pyramid in further meetings.

Suffice it to say, I felt both flattered that I appeared young enough to be approached and shocked that I seemed like a good marker. I almost texted Tom to cancel the Monday meeting, but then I realized I could beat him at his own game.

When he texts me on Monday, I program to ask for more time, saying I went to participate in a rodeo at a friend's farm for the weekend, forgot the volume at dwelling, and was too exhausted by the time I returned. Depending how that goes, I will keep giving increasingly ridiculous excuses why I couldn't read it until he eventually gives up.

It shall be my multi level marketing of sorts, in which it is I who is at the height of this pyramid... of comedy.

TLDR - Basically, the book is not worth your time, but you probably got it for free from your very own Tom, and so at least you didn't waste your coin!

...more than
Tyler Nigon
98% of the content in this volume probably could have been said in 15-20 pages. The content is decent, merely it but drags on and on.
Lori
NWM network marketing, multilevel
author of Rich Dad Poor Dad
p.xvi quadrants how practice you brand money Employee/Self/employed-modest-business/Business organisation owner/Investorer
p.74 4 elements of leadership mental/emotional/spiritual/concrete must control all 4 and help these 4 elements in your employees (to make them effective leaders) or you volition fail

4 steps to financial freedom
1) build a business organization - generate a lot of $, tax brakes vs employee quadrant
2)Reinvest in your business concern -don't apply your income equally a sour

NWM network marketing, multilevel
author of Rich Dad Poor Dad
p.16 quadrants how exercise you lot make money Employee/Self/employed-small-business/Business owner/Investorer
p.74 4 elements of leadership mental/emotional/spiritual/concrete must control all iv and help these 4 elements in your employees (to make them effective leaders) or yous will fail

iv steps to fiscal freedom
1) build a business concern - generate a lot of $, tax brakes vs employee quadrant
2)Reinvest in your business -don't use your income as a source to live on (keep solar day job)
3)invest in real estate(as an income generating assest)
four)let your assets buy luxuries

p.83

"How can we afford information technology?" vs "We can't afford it"

Shift in mind from "Ican't" to "I can!!"

...more than
Oleksandr Golovatyi
Fantabulous book from Robetre Kiyosaki, in which he describes the basic principles of fiscal independence and wealth of the 21st century. At the starting time of the book the writer tells that every person should have his financial time to come under control and his success depends just on him. Next is a description of the main eight assets to create real wealth. Hither are the 8 assets:
- knowledge of concern in the real earth;
- perfection of personal qualities;
- The circle of friends who share your value
Splendid book from Robetre Kiyosaki, in which he describes the bones principles of financial independence and wealth of the 21st century. At the kickoff of the book the author tells that every person should take his financial future under control and his success depends only on him. Next is a description of the chief 8 avails to create real wealth. Here are the 8 assets:
- knowledge of business in the real world;
- perfection of personal qualities;
- The circumvolve of friends who share your values;
- strength of network structures;
- Reproduced and expanded business organisation;
- Strong leadership qualities;
- the mechanism of creating a fraudulent wealth;
- big dreams.
At the cease of the book, Robert puts the master theme - "your future begins today."
--------------------------------
Отличная книжка от Робетра Кийосаки, в которой он описывает основные принципы финансовой независимости и богатства 21 века. В начале книги автор рассказывает о том, что каждый человек должен брать свое финансовое будущее под контроль и его успех зависит тлько от него. Дальше идет описание об основных восьми активов для создания реального богатства. Вот эти 8 активов:
- знания о бизнессе в реальном мире;
- совершенствование личных качеств;
- круг друзей, разделяющих ваши ценности;
- сила сетевых структур;
- репродуцируемый и расширяемый бизнес;
- сильные лидерские качества;
- механизм создания подленного богатства;
- большие мечты.
В конце книги Роберт основной темой ставит тезис - "ваше будущее начинается сегодня".

I read books on Scribd or Google Books by
Readlax Chrome Extension

...more than
Daniel Fazzina
Oct 16, 2012 rated information technology really liked information technology
This is a really good book that talks nigh the merits of Network Marketing, and the need for people today to alter their thinking from i of an "employee" to one of an "entrepreneur/business" owner if they ever want to exist financially independent. While this is certainly not a new idea nor new information, this volume actually illustrates how this makes sense in simple, layman's terms. I think this is Robert's all-time book and then far. I highly recommend it. This is a actually practiced book that talks most the merits of Network Marketing, and the need for people today to alter their thinking from 1 of an "employee" to one of an "entrepreneur/business concern" owner if they ever desire to exist financially independent. While this is certainly not a new idea nor new information, this book really illustrates how this makes sense in simple, layman'south terms. I retrieve this is Robert's best book and then far. I highly recommend it. ...more than
Karen Ceja
Dec 30, 2010 rated it it was astonishing
We all are heading to the pick of do something or remain the same. Networkmarketing is the perfect choice to learn and make money on the manner
Tihomir
Jan 15, 2013 rated it it was amazing
Every bit usual pretty impressive thinking of Mr. Kiyosaki. I was amazed by a lot of facts in terms of finance freedom and I will try to do my all-time to achieve my goals.
Kase Vollebregt
The awesome thing about this book is that it helps you go more practiced at spotting other bullshit like it.
Dhiraj Rai
The book revolves around financial teaching and building your career in network marketing business.
The volume is good to gain cognition about self evolution, finance direction and learning skills to build long term wealth.
A good read for students and people who lacks basic financial knowledge.
The book will assist yous to develop thinking and make plans on how to achieve your fiscal dreams with the assistance of network marketing business or any business organization.
The 4 quadrant dominion is must to Know most.

The

The book revolves around financial education and building your career in network marketing business.
The volume is good to gain knowledge near self development, finance management and learning skills to build long term wealth.
A good read for students and people who lacks basic financial knowledge.
The book volition help you to develop thinking and make plans on how to attain your financial dreams with the aid of network marketing concern or whatever business.
The iv quadrant rule is must to Know well-nigh.

The volume tells that network marketing is not the concern of selling, although it is a business organization of self development, developing advice and management skills and educating ourselves and others as well.

...more
Riddhi Kishnadwala
I was recommended to read this book by my Advisor whom had met through on LinkedIn in connection with the business described in the book. While the concept of the Greenbacks Flow Quadrants is explained pretty well and certainly inspires ane to brand a shift from the Employed to the Business side, it is the idea of Network Marketing which is the real crux of the book. It is a continuation of the Rich Dad, Poor Dad by Robert T. Kiyosaki which was a much generic read.

It is a skilful read and explains the

I was recommended to read this volume by my Counselor whom had met through on LinkedIn in connexion with the business organization described in the book. While the concept of the Cash Flow Quadrants is explained pretty well and certainly inspires i to make a shift from the Employed to the Business side, information technology is the idea of Network Marketing which is the real crux of the book. It is a continuation of the Rich Dad, Poor Dad by Robert T. Kiyosaki which was a much generic read.

It is a good read and explains the concept of Network marketing in great detail and besides ways and ways to go nigh with it. It emphasizes the importance of edifice an income stream which would non exist dependent on external factors only which work for themselves, leading to financial independence. A budding read for all who would need a fresh perspective into their finances and income generation ideas.

...more
Pranjal Sharma
To the betoken, highly engaging. Loud and clear on how to build assets, which quadrant of life to autumn in and how to figure them out.
Kira Olsen
Oct 26, 2018 rated it did not like information technology
I don't commonly write reviews, merely I figured this needed to come up with a alert.

To put it frankly, this reads like a persuasive essay written by your typical third grader. It'southward rife with contradictions, crazy leaps in logic, unnecessary proper name-dropping, and lots of obvious points glaringly missing because it would destroy his argument. He appeals to the emotions of the reader (which, in my opinion, is not the manner y'all should be thinking nigh your finances).

As someone who fifty-fifty minored in finances,

I don't usually write reviews, but I figured this needed to come with a alarm.

To put it frankly, this reads like a persuasive essay written by your typical tertiary grader. It's rife with contradictions, crazy leaps in logic, unnecessary name-dropping, and lots of obvious points glaringly missing because it would destroy his argument. He appeals to the emotions of the reader (which, in my opinion, is non the way yous should be thinking about your finances).

Equally someone who even minored in finances, alarm bells were clanging loudly in my head all throughout this book. One thing he tries to push button is that you're foolish if you retrieve the security of a regular paycheck and benefits has any value compared to the possibility of fiscal freedom and not having to answer to anyone -- to the point that it's preferable to be homeless than to work a regular job.

No. Just. No.

As mother of a half-dozen month old, security is one of the biggest affair I desire for my child.

Rant over.

...more
Aditya Venkat
Apr 21, 2020 rated information technology did not similar it
Nearly 10% of the book is useful advice and the residue 90% is marketing. Buy this book is similar paying to watch ads.

The cadre principles of this book are based on Kiyosaki'southward writings in Rich Dad Poor Dad and Cashflow Quadrant. That's the x%. The residue of it is about network marketing a la Tupperware and Amway dealers. Depending on your current situation this books may exist the break you were looking for, or it may be a joke. While the network marketing scheme is said to be in the 'B' Quadrant, information technology hardl

About 10% of the book is useful advice and the rest 90% is marketing. Buy this volume is similar paying to spotter ads.

The core principles of this book are based on Kiyosaki's writings in Rich Dad Poor Dad and Cashflow Quadrant. That's the 10%. The rest of it is about network marketing a la Tupperware and Amway dealers. Depending on your current situation this books may be the break you were looking for, or it may be a joke. While the network marketing scheme is said to be in the 'B' Quadrant, information technology hardly is. Y'all're still an Eastward or an S at well-nigh as you don't own the network marketing business or are at least the top function of the pyramid.

I've e'er had the stance that if someone has an answer to the question of getting rich, information technology'due south too good to be truthful. And this one is. Save yourself 4-five hrs and give this i a skip. Read 1 of Kiyosaki's originals and observe the answers on your own, those are the ones you were probably looking for.

...more
Sambhavi
May 12, 2020 rated it did not like it
I started reading this book because one of my friends had a business idea in mind and she wanted me to read this book before she pitched her idea to me.

First of all, this was such a disappointing volume. It basically talks almost network marketing which is goose egg but pyramid scheme.

Secondly, the content is pretty repetitive throughout the entire book.

Finally, it's just a feel good volume that highlights only the positives of getting into a business organization of network marketing. This book simply made me uncom

I started reading this book considering one of my friends had a business idea in listen and she wanted me to read this volume before she pitched her idea to me.

Outset of all, this was such a disappointing volume. Information technology basically talks about network marketing which is nada but pyramid scheme.

Secondly, the content is pretty repetitive throughout the entire book.

Finally, it's only a experience expert volume that highlights only the positives of getting into a business of network marketing. This volume just made me uncomfortable because information technology trashes a lot of highly educated people. Employers need employees and not anybody can be employers. Some people could just exist happy with wherever they are and not anybody would have the ultimate aim of becoming rich.

This one was not for me and would not recommend it for anyone either (unless I wanted to get them into a Ponzi scheme)

...more than
Kiyosaki is best known for his book Rich Dad, Poor Dad, the #one New York Times bestseller. Kiyosaki followed with Rich Dad'south CASHFLOW Quadrant and Rich Dad'due south Guide to Investing. Kiyosaki is best known for his book Rich Dad, Poor Dad, the #1 New York Times bestseller. Kiyosaki followed with Rich Dad's CASHFLOW Quadrant and Rich Dad's Guide to Investing. ...more

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