Robert Kiyosaki - Rich Dad Poor Dad

Why Robert Kiyosaki says YES to Network Marketing.

First a little background on Robert Kiyosaki, in case you don’t know who he is. This is taken from the back of one of his books “Robert T. Kiyosaki, after retiring at the age of 47, authored the bestselling Rich Dad Poor Dad series on becoming financially free. He is the co-founder of CASHFLOW Technologies, Inc., as well as a multimillionaire investor, business owner, educator, and speaker.”

With that being said, I highly recommend you pick up one of Robert Kiyosaki's books. They will challenge and hopefully change your way of thinking.

Here is the answer to the above statement. The ideas are taken from Robert Kiyosaki's book The Business School For People Who Like Helping People.

There are other ways to become rich like marry someone rich, be cheap, be lucky, inherit money, etc. By building your own business you are not being selfish. You are helping others which also helps you build wealth.

YES - teaches you valuable skills, including sales and dealing with people

YES - unlike professional business training, network marketing is more compassionate. You won’t get “fired” for not making more sales. They won’t give up on you. As long as you want to work and learn, they will be there for you.

YES – offer is for anybody

YES – no special education is needed

YES – anyone can advance – there are no limitations

YES - Help other people. Help yourself. Learn and teach.

YES - You don’t need a lot of money to get started. Think about the 100s of thousands of dollars it costs for franchises and other businesses

YES – helps you to grow personally

YES – helps you become a leader

YES - It doesn’t cost anything to dream BIG

YES – Mentors are there to learn from

YES – You can start and work your business part time

YES – there are tax advantages for business owners

YES – more time with your family

YES - learn and grow with your spouse

Robert’s rich dad said “The richest people in the world build networks. Everyone else is trained to look for work.” It’s all about changing your mind set. Instead of looking for work and spending your time to earn money, you will need to learn to build wealth. Wealth will be discussed more below.

Although the money you can make and the quality of the products are important, more important is the education you get.“The ability to sell is the #1 skill in business”. This will help you to become a better communicator. You will come out of your shell. You will stop being afraid of people. The more you sell, the more you can buy. You have to sell and teach others to sell.

Robert says “in the real world, the people who get ahead are the people who make the most mistakes and learn from them” and “when you let go of your fear you can begin to fly”.

One of the hardest things can be dealing with what your family and friends will think and say.

Robert has his CashFlow Quadrant (see picture above).

The E is for employee, S for self employed, B for business owner, and I for investor. Most people are Es. This is living paycheck to paycheck. This is the most taxed group. If you want to start living your dreams, you will want to get into the B quadrant. You can do this by joining a network marketing company. You will have more time to do what you want to do. You will have more money. And there are great tax breaks for business owners.

If you explain the quadrants to your family and friends, they might begin to understand where you are coming from. Who knows? They may want to join you in your business.

This is NOT a get rich quick plan. Robert recommends committing to five years to learn and grow your business.

Become a Leader

Be a great teacher. Teach others to fulfill their dreams. Inspire others. Let them know they don’t have to beat someone else, but rather everyone can win.

Robert defines wealth as the ability to survive so many number of days forward. So if you stopped working, how long would you be able to survive your current lifestyle? A week? A month? A year?

He talks about 3 ways to live, fear, anger & frustration, and joy, peace & contentment. I know where I want to live. What about you?

When you work at a job, you earn money. When you build a business, you are building wealth.

Robert Kiyosaki's Guide to Building Wealth

1. build a business – give it time at least 5 years

2. reinvest in the business

3. invest in real estate

4. buy luxuries – use your assets to pay for your luxuries

Don’t say “I can’t afford it”. Instead challenge yourself to ask “How can I afford it?”

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