14 essential lessons from 'Rich Dad, Poor Dad'
"Rich Dad, Poor Dad" is an allegorical story about Robert Kiyosaki and his two dads, and how growing up with them shaped his financial views.
"Rich Dad, Poor Dad" is an allegorical story about Robert Kiyosaki and his two dads, and how growing up with them shaped his financial views. The book teaches about financial independence.
Here are some essential takeaways from the book Rich Dad Poor Dad
1 The rich buy assets, not liabilities
2 Buy luxuries last, not first.
3 Do not simply aim for more income, aim for more valuable assets
4 Learn to sell
5 Fear and self-doubt are your greatest barriers to success
6 Always think in terms of opportunities
7 Expenses and liabilities beyond means are not good.
8 Learn something about accounting, investing, markets, law, sales, marketing, leadership, writing, speaking, and communication.
9 Do not follow the crowd
10 Listening is more important than talking
11 Have a clear game plan in your mind
12 Saying “I can’t afford it” shuts down your brain. Asking “How can I afford it?” opens up your brain.
13 Every rich person has lost money at some point in life
14 Sit with people who are smarter than you
These are some of the lessons which you can learn from the book Rich Dad Poor Dad
Here is the summary of the book Rich Dad Poor Dad