Robert Kiyosaki has become a key figure in the modern life coaching and self-help industry. Focusing primarily on financial advice, he is solely responsible for forever changing the way many people perceive money. His brilliant ideas paved the way for many of today’s most successful entrepreneurs.
Robert Kiyosaki’s net worth in 2021
Best known for writing the Rich Dad Poor Dad book series, Robert Kiyosaki has a brilliant mind that is clearly designed for entrepreneurship. He is also an investor, financial analyst and motivational speaker. The majority of his income comes from seminars organized by people who pay to use the Rich Dad brand for marketing purposes. In 2021, Kiyosaki accumulated a net worth of $ 100 million.
Life before entrepreneurship
Born and raised in Hilo, Hawaii, Kiyosaki was a fourth generation Japanese American. Her father, Ralph Kiyosaki, was a teacher at their local college. He had a doctorate. incumbent, but was unemployed in his later years. This story of his father would later inspire Robert to form bold but practical opinions on how to be successful.
He attended Naval College after high school and then joined the United States Marine Corps. From 1972 to 1973, he served as a combat helicopter pilot in Vietnam.
Kiyosaki attended his local college after his stint as a Marine. After obtaining his MBA, he made his debut in the business world. His first business experience was working as a sales associate for Xerox.
Unsuccessful commercial attempts
You have to be the luckiest person on the planet to become a millionaire the first time. And Kiyosaki was not that person. Before achieving his eventual success, he encountered a few roadblocks.
With the money he saved through his work, he started his own business in 1977. It was a velcro wallet business that couldn’t put quality first. So he went bankrupt. In 1980, he tried another company that printed shirts for heavy metal bands. But that too had failed.
Having these two failed attempts, he ended up with a lot of debt and insufficient funds. He found himself broke and homeless to settle his obligations.
Instead of mourning his losses, Robert Kiyosaki turned them into lessons – lessons that he could teach not only to himself but to others as well. Thus, he co-founded the business training company Excellerated Learning Institute. It was his long-awaited breakthrough.
The business was a victory, and Kiyosaki sold it in 1994. He used that victory to launch his first book, Don’t Go To School If You Want To Be Rich And Happy. However, these achievements were only the beginning.
Robert Kiyosaki’s early achievements were only average compared to the success he is dwelling on today. It all started when he founded Cashflow Technologies, the company that owns the rights to the Rich Dad brand.
As the New York Times bestseller, Rich Dad Poor Dad has sold over 40 million copies worldwide. The “rich daddy” is inspired by the father of Robert’s best friend, while the “poor daddy” is none other than his. It is a book that explains how an individual’s perspective on money can affect their entire life.
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