Saturday, May 7, 2011

Robert Kiyosaki : the Industrial Age vs the Information Age.

Robert Kiyosaki : “It’s two different stories and that is what is so hard for people. The industrial age, the older you got the more valuable you became and in the information age the older you get the less value you become. So, the idea that you are going to get a perpetual pay raise is an obsolete idea. In the industrial age there is a lot of scarcity, in the information age, there is abundance. If I share an idea, I have it and you have it. The Information Age is extremely abundant, but the trouble with the Information Age, is that it’s wiping out a lot of people because there is not the traditional job and payroll stuff anymore.”


Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
Robert Kiyosaki - Robert T. Kiyosaki, best-selling author of the "Rich Dad" series, and former Marine gunship pilot during the Vietnam War, is an investor, entrepreneur, educator and New York Times best-selling author. His financial education book series Rich Dad Poor Dad has been translated to over 100 languages and sold more than 26 million copies world wide. He also created the educational board game Cashflow 101 to teach individuals the financial and investment strategies that his rich dad spent years teaching him. Robert Kiyosaki's perspectives on money and investing are different from traditional teaching. The old beliefs of getting a good job, working hard, saving money, getting out of debt, and investing for the long term are obsolete in today's world. Robert Kiyosaki's teachings focus on generating passive income through investment opportunities, such as real estate and businesses, with the ultimate goal of being able to support oneself by such investments alone. Some of Robert Kiyosaki's bestselling books: