Rich Dad Poor Dad

#RichDadPoorDad #RobertKiyosaki #writer #book #review #job #hardwork #marketing #business #invest

Robert Kiyosaki is an amazing author, and little can be said why his books are best-“selling”. The way he explains different situations, and beliefs with personal experiences is intriguing and enlightening. He believes that an individual can go only so far with talent/hard work, and can only propel their career through better marketing of themselves – which in today’s world is true.

Consider this – There are at least 7 billion people on this planet. And there are less than a million professions, right? In fact, major professions such as Writer/Author/Actor/Athlete/etc. are less than hundreds, and it is even harder to earn a name in these. Imagine, millions of people trying for the same! So you need to be different. But how? Here comes your marketing techniques.

Another motto in the book is for people to realize about financial planning and stop going bankrupt or otherwise when unexpected situations might occur during a lifetime.

Business does come with it’s own pain, i.e. at least for the first 3 – 5 years of starting a business, you have to put in tremendous efforts for it to succeed. This is not the case with jobs. People might come to realize that a job is boring/unfit for them, and thus job-hop often, which might keep their lives interesting. This way, people are able to acquire newer skills, more connections and are able to adapt more easily to different work environments. I think that I was learn a lot from his book, and is one reason I have become more interested in business.

People should try to invest more in start-ups, real estates and others, where there is a higher risk but a higher reward at the same time. These investment, if done after careful analysis, yields much better results than just investing in mutual funds or trading stocks. At the same time, you learn about new ideas/places/etc.

I really enjoyed the book! Hope I get a chance to read another of his work sometime later!

Edgar Dale Cone of Learning

#EdgarDale #ConeofLearning #RichDadPoorDad #RobertTKiyosaki #life #work #earn #money

Edgar Dale helped us understand that we learn best through action – doing the real thing or a simulation. Sometimes it’s called experimental learning. Dale and his Cone of Learning tell us that reading and lecture are the least effective ways to learn. – Robert T. Kiyosaki

Below is a Simplistic image of the Cone of Learning he developed:

The Road Not Taken

#poem #RichDadPoorDad #RobertFrost #RoadNotTaken #life #success #money

So I was reading the book ‘Rich Dad, Poor Dad’ by Robert T. Kiyosaki, and it mentioned the poem ‘The Road Not Taken’ by Robert Frost. I am sharing it here.

Two roads diverged in a yellow wood,

And sorry I could not travel both

And be one traveler, long I stood

And looked down one as far as I could

To where it bent in the undergrowth;

Then took the other, as just as fair,

And having perhaps the better claim,

Because it was grassy and wanted wear

Though as for that the passing there

Had worn them really about the same,

And both that morning equally lay

In leaves no step had trodden black.

Oh, I kept the first for another day!

Yet knowing how way leads onto way,

I doubted if I should ever come back.

I shall be telling this with a sigh

Somewhere ages and ages hence;

Two roads diverged in a wood, and I –

I took the one less traveled by,

And that has made all the difference.