Thursday, March 31, 2011

Reviewing "Rich Dad Poor Dad"

I'm sure everyone has heard of the famous finance book, Rich Dad Poor Dad by Robert Kiyosaki, about how to be smart with your money and become rich in the process.  A few days ago I received this book in the mail as a reading requirement for my Entertainment Business class.  Before I opened the book, I decided to say something about me reading the book on Facebook.  Of course, my friends had to give their two cents.  Some would say that the book was an inspiration, others would say they re-read it often, others mentioned how they had purchased CASH FLOW the $250 board game, but then you would hear how its all common sense and stuff they already knew.  Since I have never been savvy with finance and was never a fan of numbers, I decided to get myself motivated and just plunge right in.


My personal experience with the book is probably the one the Robert had with his experience with his mentors-his "dads".  He was a child when he decided he wanted to know how to make money and learn about business and finance.  I for one ran from it...until now.  As Kiyosaki suggests that it is easier to teach a child rather than an adult who has to be re-taught, I found myself to be a grown up child, a clean slate, able to be molded easily.  I believe this book is intended for everyone, but the notion is to learn at a young age, to create good habits early.  Since I know nothing of finance, I realized I did not have to re-learn like most adults.


One thing I would say is that this book would be best for novices like myself.  Even greater for those that want to start their new business and simply don't know where or how to begin.  Its pretty much a motivational book that may inspire those with doubt and fear that things are possible to achieve.  Robert Kiyosaki is a great salesman.  He said it himself.  In order to succeed, one should master sales, marketing, public relations, etc.  He strongly believes in education and the importance of learning to deliver the business.  One thing is to be a great chef, but how does one sell his/her dish? One must set oneself apart from others and learn to sell oneself.  He teaches how he creates his assets and how he other entrepreneurs do what they do best, make money!  He is the best example as how to sell common sense; he has built a fortune on stating the obvious but it is how he goes about it that makes the difference.  The book definitely didn't tell me anything different, but it did give me a new prospective.

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