Does anyone who has read Rich Dad Poor Dad, own a business here?

I have read it half a year ago. But the theory inside is quite generic but true. After i read it, i found that myself had already implementing most of the RDPD practice before i even read about it. What i learn so far from it and if it's related to your business is like this. Buy asset and don't buy liabilities. So the business you startup must be earning. The risk is ok, as long as you take calculated risk. It should be a complete closed loop business, means, it can grow by itself and require your minimum attention. Unless you have an modal problem, you might need to an self employed person first, then only you roll profit from it and start with a better one. If you failed that business, don't give up and keep working on other solution and 'learn' from your mistakes. No rich man have not lose any money. Besides, business nature is really important. Some are really profitable but some not. Time factor is also important, coz some business really eats time although it's lucrative, but i think that's against the RDPD teaching. In order to be really rich, one must have the wealth and time. Fi not, then it's pointless to gain the wealth but no time to enjoy it :) I had been looking for years on a new business but to no avail. So what i am doing to keep looking good deals including in the internet. End up i found mylot which is a interesting place. Full of spammers and serious discussion too. But the most exciting is, it pays :) Hope this help & good luck in your newly startup business.

Heard RDPD from my cousin. Read the 1st published book but has never yet started any businesses yet. However, my cousin 'the introducer' has made millions per year inspired by RDPD. I just don't have the right attitude to start a business yet.

i have heard the book is very interesting..... i have not read it,,,,, can you help me in finding the book, pls send a messege to me in private, thank you

You should read the Cashflow Quadrant and decide whether starting up a business is the right thing to do. The target is to have passive income as an Investor. Today you can invest in big corporation or in any listed companies by joining a mutual fund. There are various mutual fund with various compositions. I used to think that to have high passive income, I need to have MY OWN company. Actually Kiyosaki never want anybody to have this understanding, he wants us to use "A WAY TO CREATE MONEY"...You can be a business (not equity) broker and investor who also work in some big corporation company to achieve the objective

Hi, I have to say cashflow quadrant is much more helpfull when it comes to building a business. One thing you must realise is the success of your business will depend on the business system in place. Think of McDonalds, we can all make a better burger than them (well at least many of us can!) yet they make more money as they have invested in a sound business system. In network marketing (a business system) cashflow quadrant talks about as well, it is a completely different type of business system based on the concept of duplication, a good example is on http://muneer1.3stepsecret.com , it just gives a easy system that is duplicated by everyone that uses it. What you call a turn key system...like a McDonalds franchise...the actual premises is run by high school and university age people as it is a simpler system that does not have too many variables! hope this helps, regards, M

I am a business owner of an international trading system that is based on the concept of rich dad/ poor dad, particularly the part on moving from an active income stream to creating a passive income stream. If you wish to know more about this business system and the training and development program behind, and how it helps people to develop their business and financial literacy, you can skype me at jlaias. Cheers.

everyone should read this book even if you are not going to start any biz

the basic ideas of Rich Dad And Poor Dad is very appealing and true in nature.but the crux is implemetation

Buils Assets (Those who can earn you money) and you are through

I have read it and don't think it helps you too much if you want to start a business. But it shakes you up a little. I mean it repeats over and over again that you should have assets and minimum liabilities. It gave me though more power to look for ways to make money from. Especially those that give me automatic income. I'm ready to work hard for something that I know will pay me years to come... For example the system I got in right now... I'm not gonna post it because no one asked for it and it would be considered as spam. But you can check out my blog for further information.

hassanchop - I haven't started a business persay, but I have purchased a rental unit due to the influence that I received from rich dad poor dad. I think that the greatest thing that I have learned is to think in the realms of cashflow instead of capital gains. I just started reading Roberts book called, "who took my money" It is very good and has a great perspective on starting a business to help supplement your income. I am in the process of starting a business, well, I'm considering an idea for the moment. We will see what happens!

we are!after reading that book it influenced us to have a determination in our lives on how to spend and use your money wisely.we started our small business after i and my husband read rich dad poor dad.