Chapter 3:Robert T.Kiyosaki's Profile~~My Idol.(*^__^*) (English version)

Hello~~before proceed to reveal some principles(Financial statement,EBSI Cashflow Quadrant from Robert Kiyosaki best seller books.Lets

review on what does he do before became a great motivator of lifetime.Enjoy it~

Hmm~~What is the first thing that flash into your mind when heard the name Robert Kiyosaki? First thing that came into my mind when see this name is Rich Dad Poor Dad.

Yes, Robert Kiyosaki is the author of Rich Dad Poor Dad – which is one of the bestseller that remain on top of the New York Times bestsellers list for over six years.

Robert Kiyosaki is an investor, an entrepreneur and also an educator. He has a totally different mind set in terms of money. He has challenged and changed the way tens of millions of people around the world think about money.

Race : Japanese-American
Kiyosaki details : Born - Hawaii, USA April 8, 1947 Lives - USA
School : Hilo High School, U.S Merchant Marine AcademyDetails:

• Robert T.Kiyosaki born and raised in Hawaii. After finishing his secondary at Hilo High school, he attended tertiary at New York U.S. Merchant Marine Academy. In January 1972, he worked as helicopter gun pilot in Vietnam War. His task was to protect troop transport helicopter from enemy. Later he served as top-secret information officer which helped to interpret the information during the war.

• After returning from Vietnam War, he choose to work as a salesman for Xerox printing and photocopying company instead of as pilot which offer him higher salary initially compare to a salesman. He listen to his rich dad advice that in order to be rich, he need to learn how to sell first. He choose Xerox because training is provided.

• In 1977, he quit the job after he manage to become a top salesman. He started his nylon and Velcro wallet business. He did well in the nylon business but facing serious pirated version of nylon wallet. He didn’t patent and make trademark for his business and in the end he folded up.

• The failure did not make him give up to become rich. In 1981, he rebuild his business with trademark this time. A brand is given to the wallet produced. He solved the problem of pirated producer by giving license to them to produce for him instead of going against them.

• After 3 years, he sold his share of the rock and roll nylon business to his partners. He and his wife, Kim started a business education company. They successfully built a multinational business education company. In 1994, Kim and Robert sell the business and retired with enough passive income to support their life.

• After 2 years of retired, they felt bored and therefore invented Cashflow board game which brought financial education. This is followed by Rich Dad Poor Dad in 1997 with self-publish. We all get to know him through this book which hit the best seller in Wall Street Journal, USA Today and New York Times simultaneously. There are still many books produced by him under Rich Dad series hit best seller.

Robert uses simple English, so it was easy to comprehend his teachings especially for many Asians like me, whose mother tongue is not English. He also presented his teachings in the form of a story, which makes it enticing to read.

Books

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. He has now had at least a dozen books published. The best known of these include:

* Cashflow Quadrant: Rich Dad's Guide to Financial Freedom (2000)
* Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not! (2000)
* Rich Kid, Smart Kid (2001)
* Rich Dad's Prophecy (2002)
* Rich Dad's Who Took My Money: Why Slow Investors Lose and Fast Money Wins! (2004)
* Why We Want You To Be Rich (2007, with Donald Trump)
* The Business School