Robert Kiyosaki
Robert Kiyosaki
Robert Toru Kiyosakiis an American businessman, investor, self-help author, educator, motivational speaker, financial literacy activist, financial commentator, and radio personality. Kiyosaki is the founder of the Rich Dad Company, a private financial education company that provides personal financial and business education to people through books, videos, games, seminars, blogs, coaching, and workshops. He is also the creator of the Cashflow board and software games to educate adults and children business and financial concepts...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth8 April 1947
CityHilo, HI
CountryUnited States of America
For people who live in the suburbs and must commute long distances to work, their wealth will sink as energy prices rise.
Fuel prices are at the center of our lives. They affect our ability to travel, stay warm, and feed ourselves.
It costs governments money to keep fuel prices low. Oil-rich Yemen, for instance, devotes 9 percent of its GDP to making sure its people don't riot when oil prices rise.
One of the reasons so many people get burned in the market is because they start buying as they see prices going up.
Israel will not tolerate Iran developing nuclear power, even if Iran claims it is for peaceful purposes. If there is an attack, oil prices will go through the roof.
Remember to dream big, think long-term, underacheive on a daily basis, and take baby steps. That is the key to long-term success.
Many entrepreneurs do not realize that many of the problems their businesses face today began yesterday, long before there was a business.
The problem is that the U.S. government is the biggest debtor in the world, and those depending on it to take care of them will only become poorer.
It's easier to aim to please and say what others want to hear than to form an opinion and fight for it, even if it means taking a risk or losing your job.
World War II broke out in 1939, and many people credit that war with saving the economy.
Over a 10-year period, 99 out of 100 new entrepreneurs will fail. Only one will be left standing as others get pushed out of the market or burn out from working so hard. It's really sad.
The subprime disaster was a result of financial bombs - derivatives - exploding in financial institutions such as AIG and Lehman Brothers, as well as banks and financial institutions throughout the world.
Whole new businesses will emerge around breakthrough products as revolutionary technologies accelerate capitalism's creative destruction of slower industries.
The Nasdaq bubble and crash were followed by the real estate bubble then subprime crash, which led to the unprecedented printing of trillions of dollars in an attempt to prevent a global depression.