Top 25 growth books - XXIV

Rich Dad Poor Dad

Robert T. KIyosaki

A few quotes from the book:

“In school we learn that mistakes are bad, and we are punished for making them. Yet, if you look at the way humans are designed to learn, we learn by making mistakes. We learn to walk by falling down. If we never fell down, we would never walk.”

“You’re only poor if you give up. The most important thing is that you did something. Most people only talk and dream of getting rich. You’ve done something.” 

“Emotions are what make us human. Make us real. The word 'emotion' stands for energy in motion. Be truthful about your emotions, and use your mind and emotions in your favor, not against yourself.” 

“I like Texas and Texans. In Texas, everything is bigger. When Texans win, they win big. And when they lose, it's spectacular.

If you really want to learn the attitude of how to handle risk, losing and failure, go to San Antonio and visit the Alamo. The Alamo is a great story of brave people who chose to fight, knowing there was no hope of success against overwhelming odds. They chose to die instead of surrendering. It's an inspiring story worthy of study; nonetheless, it's still a tragic military defeat. They got their butts kicked. A failure if you will. They lost. So how do Texans handle failure? They still shout, "Remember the Alamo!"

That's why I like Texans so much. They took a great failure and turned it into a tourist destination that makes them millions.

Texans don't bury their failures. They get inspired by them. They take their failures and turn them into rallying cries. Failure inspires Texans to become winners. But that formula is not just the formula for Texans. It is formula for all winners.” 

Robert Toru Kiyosaki (1947) is an American businessman, investor, self-help author, educator, motivational speaker, financial literacy activist, 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, games, seminars, blogs, coaching, and workshops

The book has equal number of champions and critics. the champions call it a great book and the critics call it crap. there are no fence sitters. I, for one, like this book, not from the point of financial terms and strategies but from the ability of this book to make me think on solutions and to learn from mistakes.

Read it. It is a different perspective.

Namaste

Prabir