Rich Dad - Bankrupt Dad?



He didn't go bankrupt. His company went bankrupt because of the lawsuit. It's totally two different things.
 
Summary: He took another company's help to push Rich Dad Poor Dad to become a no.1 bestseller in return of % rev share but later told them to fuck off. Now slapped with a $20 mil lawsuit and declared bankruptcy.

Even though its a company bankruptcy, it just shows what kinda of a asshole he really is.
 
Summary: He took another company's help to push Rich Dad Poor Dad to become a no.1 bestseller in return of % rev share but later told them to fuck off. Now slapped with a $20 mil lawsuit and declared bankruptcy.

Even though its a company bankruptcy, it just shows what kinda of a asshole he really is.


A tight asshole.
 
A guy who makes money by telling other people how to make money when he'd never made any money previous to that turns out to be a dickhead?

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I started reading it last year on a trip to Punta Cana as some friends had raved about it and brought a copy. While I sat on the beach and began to read it, to things struck me immediately, it was a chick as the author in the beginning and she was raving about some board game. FUCK THAT. Those two things combined, forced me to never pick it up again. Like come on, who really thinks a board game on how to save would be fun, motherfucking kids need to play monopoly and Risk if they want to learn.
 
i never liked his book and always found it funny how many people dick-ride him. this comes as no surprise
 
Bankrupt

If you make quick buck and you are not smart how to invest it you will 100% fail, smart people invest money they earned on land. It very hard to loose money when you buy land.

I hope the best to all people who go bankrupt it must be very hard
but great thing is when your are poor its only up from there.

But it doesn't mean that people who go bankrupt are broke.
 
Haters who haven't made 1/100th of his net worth are mad? Who woulda thunk it!
 
i never liked his book and always found it funny how many people dick-ride him. this comes as no surprise
The book is fine for entertainment purposes, serving as the playbill for his dog and pony shows. There's a few snippets of wisdom worth mulling over, but most of it is just showmanship.
 
What a bunch of spoiled old bastards that can't remember where they came from!
(Mixed with some broke wannabes that never stopped working a J-O-B.)

Yes, Kyosaki's MLM and other ventures in the last 10 years are low-down, dirty scams directly from the state of Utah. I'm not going to argue for one second that whichever holding shell corp this is doesn't deserve to go bankrupt...

However, Kyosaki's gift(s) to this world is still a huge one that history will remember.

Rich Dad Poor Dad was a truly good book that he wrote before he was rich. It in fact is what made him rich, and he deserves every penny from the book sales of that one and Cashflow Quadrant. (Yes I've read both.) These two books are designed to take someone from a paycheck-to-paycheck mentality and give them a mentality of success, where you earn more each month than you spend.

Yes, yes, I know that sounds retarded to you today (you spoiled old bastards) but there was a day in your life when it wasn't common sense yet. -And to the vast majority of humanity, it still doesn't, because our school system simply will not teach us this knowledge, at least in the USA.

So I appreciate his early efforts, and wish he hadn't jumped the shark with Trump and Robert Allen way back when. He lost some, but not all respect from his existing readers for doing that.


And about the Cashflow Board game, I thought it was great. I played it about 5 times with my family and got bored with it, but for a young person to play that game, which just teaches you the importance of investments, it is a huge step forward in life that no school here would give us.

In fact, here we are decades after it was made, and there are still 421 Groups on Meetup.com just to play that stupid boardgame.

Cashflow Meetup Groups - Cashflow Meetups

U Jelly?
 
I started reading it last year on a trip to Punta Cana as some friends had raved about it and brought a copy. While I sat on the beach and began to read it, to things struck me immediately, it was a chick as the author in the beginning and she was raving about some board game. FUCK THAT. Those two things combined, forced me to never pick it up again. Like come on, who really thinks a board game on how to save would be fun, motherfucking kids need to play monopoly and Risk if they want to learn.

monopoly%20with%20real%20money.jpg
 
Saw a report the detailed his awesome real estate empire (what he based his book/seminars/etc on). He lost money hand over fist on his deals in Phoenix. lulz
Then decided to take the easy route and sell the dream to other broke, desperate people = cha-ching!
Hope these scammers lose everything like the 80's infomercial stars did.
 
I never read "Rich Dad" as a teen I would of joined the military... That was the first book that made me believe I would be rich.
 
i never liked his book and always found it funny how many people dick-ride him. this comes as no surprise


I find it funny how people dick-ride any of these guru faggots. From SEO to money management, 99.9% of them are fucking idiots and liars.

When motherfuckers know how to get rich, or rank shit, or whatever....guess what? They ain't writing fucking e-books or pushing cheesy DVDs, they are too fucking busy balling and getting coke snorted off their cocks by hookers.

Is Warren Buffet out writing books and pushing guru shit? No. Because he is too busy making zillions of dollars to mess around pushing skeezy how to get rich schemes.

idiots
 
I never read "Rich Dad" as a teen I would of joined the military... That was the first book that made me believe I would be rich.

same

i was 17 with no course or plan, just kind of flailing around in the wind like I imagine most people do at that age

its not a revolutionary book to me now but at the time that little book put a forest fire under my ass