Robert T. Kiyosaki - Rich Dads Success Stories: Real Life Success Stories from Real Life People Who Followed the Rich Dad Lessons

This publication is designed to provide competent and reliable information regarding the subject matter covered. However, it is sold with the understanding that the author and publisher are not engaged in rendering legal, financial, or other professional advice. Laws and practices often vary from state to state and if legal or other expert assistance is required, the services of a professional should be sought. The authors and publisher specifically disclaim any liability that is incurred from the use or application of the contents of this book.

Although based on a true story, certain events in the book have been fictionalized for educational content and impact.

Copyright 2003 by Robert T. Kiyosaki and Sharon L. Lechter.

All rights reserved.

Published by Warner Books in association with CASHFLOW Technologies, Inc., and BI Capital, Inc.

CASHFLOW and Rich Dad are registered trademarks of CASHFLOW Technologies, Inc.

Rich Dads Advisors is a trademark of CASHFLOW Technologies, Inc.

are trademarks of CASHFLOW Technologies, Inc.

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First eBook Edition: October 2003

ISBN: 978-0-7595-0814-9

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Rich Dads Success Stories

Real Life Success Stories from Real Life People Who Followed the Rich Dad Lesson

I love Rich Dads Success Stories for the following reasons.

1. These people took action and achieved successful results. A few weeks ago, I was on a local television show in Phoenix, Arizona, where Kim and I live. The host was interviewing a reader of Rich Dad Poor Dad and me. The reader said that she had liked the book but felt it was a waste of time to read. Her complaint to me, and thousands of TV viewers, was The book did not tell me what to do next. I did not respond because my blood was boiling. Rather than say anything, I faked a smile and silently nodded.

So what should she do? asked the TV host.

Find another book that will tell her what to do, was my feeble reply.

One of my pet peeves is people who only do things they are told to do. Ever since I was a little kid in school, I noticed that there were classmates of mine who did very well in school, simply by doing what the teacher told them to do. Often they were called the teachers pet. On the other hand, I often did things I was not told to do, or told not to do and that got me in trouble. So early in my life, I realized that I was a person that hated to be told what to do, which is why I do my best to not tell people what to do in my books.

Bookstores and libraries are filled with how to books. For people who love to be told how to do something, such books are just for them. Rich Dad books are not how to books. They are books dedicated to passing on my rich dads financial wisdom and guidance. They are stories about my own path of trial and error, utilizing rich dads wisdom, and turning my errors and experiences into my own personal lessons. Never do I expect anyone to follow my path. I simply share my lessons learned along the way and encourage others to find their own path.

Rich Dad books are written for the purpose of expanding the readers possibilities in life, rather than becoming a specific recipe book on how to get rich. Years ago, my rich dad explained to me that there were millions of ways to get rich. It was my job to find the way that best fit me. So rather than get rich following my rich dads footsteps, using his recipe for success, I took his guidance and wisdom and found the path that worked best for me. And that is what this book is filled with. This book is filled with success stories of people who took rich dads wisdom and then found their own path to financial success. They are not people sitting around, waiting for someone to tell them what to do next.

There are millions of people today, working at dead-end jobs, working hard, putting money into investments that lose money, many realizing that they may never be able to retire, yet waiting for someone to take them by the hand and show them the way out of their financial trap. Hopefully they will go to a bookstore or library and find the how to book that can take them by the hand and show them their way out. The people in this book did not need a how to book. Instead, they have written their own how to story on how they found their own path to financial success.

2. These people did well financially, while at the same time millions of people lost trillions of dollars. Rich Dad Poor Dad was first published in April of 1997. Some of you may recall that was the era of the dot.com bubble and mania. People who had never invested before were taking money out of the equity in their homes, their savings and putting their hard-earned money into mutual funds, stock, and even IPOs, initial public offerings, generally an investment vehicle reserved only for the rich and financially sophisticated.

While I was on promotional tours between 1997 and 2003, I often warned investors about the perils of the stock market and how risky mutual funds were. On several occasions, I was slammed by financial commentators for criticizing mutual funds and the stock market and on one program was even asked to leave. Several financial magazines and newpapers openly criticized my book and my rich dads message. Several publications actually published lies and false statements about me, in an attempt to discredit me, and my rich dads message. Beginning in 2003, however, many of these same financial commentators had started acknowledging that the Rich Dad message has great merit.

Today after millions of people have lost trillions of dollars, it is indeed a pleasure to read a book about people who did well financially during this extremely turbulent financial era. I am also certain there are many people, including those commentators, who wish they had followed my rich dads advice rather than their financial planners advice during this same time period.

3. Rich dads lessons and wisdom do work. I still hear people saying, Im waiting for the market to come back. I also see financial advisors who gave bad advice before the market crash still handing out the same bad advice after the crash. Theyre still saying, Invest for the long term, diversify, buy and hold. They also continue to say, The market goes up on average 9 percent per year. The sad thing is that there are still millions of investors who continue to heed that advice, even though there is overwhelming evidence that the advice did not work. How people can continue to follow bad advice or, even worse, get paid for handing out such bad financial advice is beyond me. This book is about some people who took control and took responsibility for their own financial education and their financial future. Rich dad often said, The reason so many people do not do well financially is because they take financial advice from salespeople, not rich people.