Rich Dad, Poor Dad is the story of author Robert Kiyosaki's upbringing in Hawaii and his two fathers – one rich father (not biological) and one poor father (biological). Kiyosaki was forced to choose between following in the footsteps of his poor father – a highly educated government worker – or his rich father – an entrepreneur who never graduated high school.
Ultimately, Kiyosaki decides to learn from his rich dad - who wouldn’t? The book focuses mostly on the education and financial advice Kiyosaki learned from his rich dad. His rich father was able to create a multi-million dollar empire from virtually nothing, using his financial acumen and the power of his imagination.
The book is organized into six main lessons that Kiyosaki presents to becoming successful:
- The rich don't work for money
- Financial literacy is key
- Own businesses, rather than work at them
- Understand taxes and the power of corporations
- The rich invent money
- Work to learn rather than work for money
These lessons combine the teachings of Kiyosaki's rich dad with experiences from his own life. They contain recurring themes, such as the importance of improving your financial IQ and financial literacy, a set of skills that Kiyosaki believes is absent from the current education system.
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