Robert Kiyosaki is a well-known businessman, investor. He gained immense popularity thanks to books that help to find motivation, self-development. Robert had his own company. Her focus was on educating people about financial literacy.
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Although Robert Kiyosaki was born in America, he is Japanese by blood. He was born in 1947. It happened in Hawaii. Mom worked in the hospital as a nurse. Father was a state education minister. During his career he managed to get a Ph.D.
The future billionaire received his education at the best school, where he met his friend Mike. It was his father, who was practically the richest resident of the state, who played an important role in the formation of Robert as an entrepreneur.
Secondary education received Robert in New York. After the training, he did not want to leave the US business center. He decided to enter the Academy of the Merchant Fleet. Subsequently, he worked for some time on an oil ship. But this area of activity did not interest Robert. Within a few months, a decision was made about radical changes. Robert became a pilot. He flew a combat helicopter, took part in the war with Vietnam. He returned from the army in 1973.
First attempts
After the military company, I thought about starting my own business. Started with courses. However, he was annoyed that teachers stuffed students with unnecessary theory. Therefore, I went to shorter courses at which he was taught the basics of investing. After that, there was work in a trading agency, where Robert managed to accumulate the necessary amount to open his own business. In 1977 he created his own business. Engaged in the manufacture of items from materials such as leather and nylon. He did not manage to earn huge sums of money, but gained rich experience.
The next business is the release of T-shirts for rock music lovers. He participated in stock trading. The amount that could be earned, invested in real estate. Acquired apartment buildings and rented them. But these classes were not successful. In the end, Robert completely went bankrupt. Because of this, he was forced to sell his own house. For some time he lived with friends and in the car.
Successful billionaire
After complete bankruptcy, Robert decided to analyze his actions. He identified the mistakes that led to the collapse of the business, and realized that they are typical of all aspiring entrepreneurs. I decided to share this information with other people. As a result, he and his wife opened a school where he taught financial literacy for several years. Over time, he sold the business, providing himself with the amount necessary for a comfortable life.
However, Robert did not want to stop there. He set about opening the Rich Global LLC international company. And again, with his wife, he began to educate people about financial literacy. For this I used books, audio courses and video materials. Often held seminars and webinars. He even invented his own games, the essence of which was the competent use of available funds. Board games are known as “Cash Flow 101” and “Cash Flow 202”. At the present stage, these games are used in some economic educational institutions. Even employees of large organizations will not refuse to play them.
Robert Kiyosaki constantly came up with new ways to earn money. He managed to earn good capital, so he might not even think about work. However, this is not about idleness at all. According to the billionaire himself, there is no need to find a livelihood. Financial freedom, in his opinion, is an opportunity not to work if there is no desire.
Popular books
Today, Robert practically does not engage in educational activities. He writes books that are very popular. Moreover, some were co-written with President Trump. Among the most successful works should be highlighted “Rich Dad, Poor Dad”. She is a kind of autobiography. Robert tells how he managed to succeed in life.
“Poor Dad” is Robert's father, who served as Minister of Education. He also wanted to become vice governor. However, he lost the election, after which he tried to start his own business, but went bankrupt. “Rich Dad” is the image of people who were able to succeed. Basically, Robert talks about the fact that his friend Mike's father shared his experiences and best practices in the business field.
No less popular is the book “A Rich Investor - A Fast Investor”. It talks about how important it is to increase your financial literacy. The author cited as an example stories from the lives of people who took advantage of his recommendations. The work does not only talk about how you can earn large sums of money. The reader will be able to learn that even after failure, do not despair.
There are other books. In total, Robert Kiyosaki wrote more than 26 works. Three of them at one time were among the top ten bestsellers. These are “Rich Dad, Poor Dad”, “Rich Dad's Guide to Investing” and “Cash Flow Quadrant”.
Company bankruptcy
The international organization, opened by Robert, lost in 2012 in a lawsuit regarding debt obligations. The thing is that Rich Global LLC did not pay for the promotion of books written by Robert. As a result, the debt amount reached the mark of $ 44 million.
Robert's representatives said that his company costs less, and Robert himself refused to attract his own savings for payment. As a result, a decision was made on the bankruptcy of the organization.