Rich Dad, Poor Dad. A critical review of Robert Kiyosaki and his book

 book Rich Dad Poor Dad by Robert Kiyosaki.


I want to divide this article into two parts. The first part will be about the author himself, and the second - about his famous book - Rich Dad, Poor Dad. Is this really a good book or just children's literature?!

How Robert Kiyosaki Conned His Followers: An Investigation into His Financial Shenanigans

Robert Kiyosaki is a famous author and business guru who has attracted attention for many years with his books, seminars and speeches, promising his fans financial well-being and success. However, behind the scenes of his colorful image hides a dark side - the side of fraud and financial dishonesty.

First, Robert Kiyosaki actively promotes investing in Bitcoin and gold, predicting the imminent end of the dollar. Such statements would seem to reflect his deep knowledge of the financial markets, but in reality they are only a cover for his own financial interests. According to various sources, Kiyosaki may hold a significant amount in dollars, despite his apparent support for cryptocurrencies.

Second, his biography and business reputation are so muddled that they raise serious doubts about his sincerity and honesty. Several of his companies went bankrupt, leaving behind a trail of financial chaos and fraud. Conflicting information about his property and financial situation only adds to these doubts.

Third, his involvement in marketing deception and fraud schemes has come under serious criticism. In 2013, Kiyosaki was accused of defrauding his seminar promoters of $24 million. This case is only the tip of the iceberg, which may indicate the systematic use of deceptive practices in his business.

Finally, Robert Kiyosaki is often seen as an authority in the financial industry offering investment advice and strategies, but many critics point to the lack of practical application of his advice and their unproven effectiveness. This raises fears that his goal is not to educate and help people, but rather to enrich himself at the expense of their trust and ignorance.

After all, Robert Kiyosaki is not just a successful entrepreneur and author, but a man who uses his public position for personal gain, ignoring ethical standards and the trust of his followers. His work sheds light on the dark side of the personal development and business consulting industry, reminding us of the need for critical thinking and caution when choosing our mentors and sources of information.


Why Rich Dad Poor Dad Is Not the Best Investing Book: A Critical Review

Rich Dad Poor Dad by Robert Kiyosaki has become a bestseller and has gained popularity among those seeking advice on financial success. However, despite its popularity, the book has several significant flaws, especially when it comes to investing.

One of the main problems of the book is the lack of specific investment advice. Kiyosaki offers general principles, such as investing in real estate or stocks, but does not provide specific strategies or tools for success in the market. Much of his advice is based on personal experience, which may not apply to all situations.

Also, "Rich Dad Poor Dad" often criticizes the education system and the traditional path to financial success, but does not offer alternative paths or specific actions to achieve the goal. Kiyosaki urges readers to take action, but does not always provide concrete steps to achieve their goals.

In addition, many of the ideas presented in the book may be outdated or not applicable to today's market. For example, the concept of "making money by working for yourself, not for someone else" can be difficult to implement in today's economic environment, where the labor market is changing rapidly and competition is becoming increasingly fierce.

So while Rich Dad Poor Dad can be useful for motivation and interest in financial success, it is important to approach it with critical thinking and understanding that it is only one of many perspectives on finance and investing. To be truly successful in this field, you need to explore different sources of information and use a variety of strategies, rather than limiting yourself to one book that is only suitable for reading to children.

1 Comments

  1. also did't find anything interesting in the book Rich Dad Poor Dad

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