Robert Kiyosaki, author of bestseller Rich Dad Poor Dad as well as 25 others financial guide books, has spent his career working as a financial educator, entrepreneur, successful investor, real estate mogul, and motivational speaker, all while running the Rich Dad Company.
The entrepreneur’s ability to dream, win, lose, and win again is often called an entrepreneurial spirit. It is what separates the entrepreneur from everyone else in business. It is also what separates those who want to be entrepreneurs from those who can be entrepreneurs.
Your response to the current economic crisis, including your preparation for it, will determine your financial future for years to come. Most people will be devastated by the crash. A few will become multi-millionaires. Which will you be?
Stepping back and looking at the past 75 years, you can make a case that the last depression never ended. Many of today’s financial problems stem from issues from the last depression that were never solved. Today, we are entering a new era, and a crisis is upon not just the United States but the entire world.
If more people understood how capitalism worked, and how it could work for the causes they believe in most, we’d have a lot less political division. More people would be focused on making meaningful change by making it profitable to change.
Global population demographics coupled with glaringly insufficient retirement savings suggest a catastrophic outcome for at least a significant percentage of the world’s elderly population. Can we change, before it’s too late?
The bank pays you a lower interest rate on your savings than the inflation rate. In essence, this means that your money in the bank loses more value than it gains over time. It’s a losing proposition to save - here’s what to do instead...
Robert and Kim Kiyosaki and Jim Rickards discuss the current state of the global economy and why he believes we are headed for a major global financial crisis in the near future that will be greater than 2008.