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Rich Dad's Success Stories: Real Life Success Stories from Real Life People Who Followed the Rich Dad Lessons

Rich Dad's Success Stories: Real Life Success Stories from Real Life People Who Followed the Rich Dad Lessons

List Price: $25.98
Your Price: $17.15
Product Info Reviews

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Rating: 3 stars
Summary: Not Bad, but could have been better
Review: I picked up this title, when Robert Kiyosaki was in Chicago last week. I was very excited to get this book. Thing is, although I am excited about those who have taken the Rich Dad lessons to take control of their financial destiny (I will be there soon as well), it seems the book had too many "success stories" on real estate. It would have been nice to have more success stories of people building a business, writing a book, or whatever other than real estate. I plan on getting more involved in real estate eventually (in which it could have been helpful), but at this point I was dissappointed. This is probably my least favorite book of the Rich Dad Series next to Rich Kid, Smart Kid.

All in all, it is a good book to read, if you ever plan on getting into real estate. I plan on using it as a reference when I decide to do more real estate investing. The most important thing to remember is that these folks in this book, made the commitment to invest in their financial education, and I think that is great!!! In the meantime, I am working on a non-fiction and fiction book ideas; as well as building a business and I am thankful for the Rich Dad Series for motivating me to do this.

Rating: 1 stars
Summary: All style, No substance.
Review: I read almost all of RK's books because I never fail to be amazed that someone with so little knowledge of the financial fundamentals could have such a powerful influence on people's lives ? ( Although I have to admit that his Advisor's series is much better in this regard )

There are a lot of better books out there, The Millionaire Mind by Thomas Stanley and 8 steps to 7 figures by Charles Carlson. Even Victor Niederhoffer's Practical Speculation is miles ahead of this book and we know Victor's hedge fund did not do all too well some time ago.

To be fair, as an engineer, I read Rich Dad Poor Dad when I graduated, it gave me enough moltivation to complete my CFA exams and do a Masters in Finance, so it did change my life in a perverse sort of way. But after all that, I realized the kind of financial risks RK's fans are really exposing themselves to. Not to mention possible hatred and scorn from family members if they tried their hand at MLM like some of the folks mentioned in these stories.

Now I study and read RK's books to find out how rich self-made millionaires think, not as any model for one to base their success on. There are much better tools and books out there.

For the financially successful folks who gave a 5 star review to this book, I have a question for you. Did the book really teach you anything new or reveal a genuinely counter intuitive insight on the process of becoming wealthy ? Or you liked the book because it simply told you what you've always wanted to hear in a way which is not intimidating unlike many better books on personal finance ?

Has it also ever occured to you that these success stories could well be exception rather than the norm ?

For those who valued RK's works for the amount of personal change it created within themselves and enjoyed reading his books. I have one piece of advice. Go read Shakespeare, Tennyson or Edgar Allan Poe. That has infinitely more style.

Rating: 5 stars
Summary: My new favorite Rich Dad book
Review: I really enjoyed this book. So many stories and so much vital information. This eliminates the excuses of "I'm too old" or "I'm too Young" or "I don't have enough money" etc.

Procrastinators should read the story the 60-ish couple who realized that it wasn't too late and they weren't too old.

Or the 9 year old who starting with $20 of borrowed money started her own business. Yes, a 9 year old.

Or the 13 1/2 year old who bought his first residential property; a 3 bedroom 2 bath home. You read that right--a 13 1/2 year old!

I also enjoyed the story about the man who against the advice of his brokers, took money from his IRA and other securities before the big stock market crash in 2000 and invested it instead in real estate. Wise move! Real estate is a better investment than the stock market. It's been that way for the last 100 years and no likely to change anytime soon.

Rich Dad Success Stories is a excellent book because it shows you people who have done it and are doing it. Check out these other financial books out there. Where are their success stories? This is now my favorite Rich Dad Book.

Rating: 5 stars
Summary: Reply to reviewer from Chicago
Review: I too was eagerly awaiting this new book by Kiyosaki. Tired of hearing allegations as to "who has really benefitted from his teachings" I eagerly bought this book and read this new addition to the Rich Dad series.

I really think the reader from Chicago is missing the point. The fact is more wealth has been made in real estate than in any other venture. No other business or investment can compare. Writing books? C'mon now! Do you have any idea on how many books get turned down each year? And of those that are published, how many do you suppose really make any real money?

Many of Kiyosaki's critics have been asking for evidence that his strategies work. Well here it is in Real Life Success Stories from Real Life People who followed the Rich Dad lessons.
Like it or not, this is how "Real People" are making "Real Money" in Real Estate.

Perhaps in some future volume, Kiyosaki will profile business success stories and I look forward to those as well. But for the masses, Real Estate is the key.

Good book Mr. Kiyosaki but I doubt this will silence your critics----too bad for them!

Rating: 5 stars
Summary: Reply to reviewer from Chicago
Review: I too was eagerly awaiting this new book by Kiyosaki. Tired of hearing allegations as to "who has really benefitted from his teachings" I eagerly bought this book and read this new addition to the Rich Dad series.

I really think the reader from Chicago is missing the point. The fact is more wealth has been made in real estate than in any other venture. No other business or investment can compare. Writing books? C'mon now! Do you have any idea on how many books get turned down each year? And of those that are published, how many do you suppose really make any real money?

Many of Kiyosaki's critics have been asking for evidence that his strategies work. Well here it is in Real Life Success Stories from Real Life People who followed the Rich Dad lessons.
Like it or not, this is how "Real People" are making "Real Money" in Real Estate.

Perhaps in some future volume, Kiyosaki will profile business success stories and I look forward to those as well. But for the masses, Real Estate is the key.

Good book Mr. Kiyosaki but I doubt this will silence your critics----too bad for them!

Rating: 5 stars
Summary: Water for the Thirsty.
Review: In previous titles, Robert Kiyosaki was adamant about not doing a how to book. He relied on us to use the stuff between our ears to figure out how to apply his information and cited other authors and works to support his points and to have us learn new formula's to make our money work harder for us. Keeping with that, this book does not tell you his how to. It does however detail how multiple students of his "Rich Dad" principles have used them and turned their lives around.
For those not initiated in the personal paradigm shift created by reading the other "Rich Dad" books, this book may seem a little overwhelming. For the growing legion of Kiyosaki students however, it is an illustration of his theories and advice brought to real life.
The book celebrates the spirit of the "Rich Dad" principles. It shows: they are applicable to real life, that they can be used by anyone, that there are more ways than one to use them, and that they really do work.
Multiple writing styles of the more than two dozen students are evidenced throughout. There is an energy conveyed from their multiple backgrounds and situations that helps you to believe it is possible to achieve financial freedom. I found multiple examples of things I had already done and things I am currently planning. There are many examples listed in the pages of starting businesses, real accounting of cashflows, mistakes that where made and how these people over came them.
I look forward to using the experience of these students to not make as many mistakes in my own enterprises. I found the book to be highly inspirational and do not hesitate to recomend it.

Rating: 5 stars
Summary: He's just trying to help...
Review: In spite of the negative comments, I would say this book is better
than other "Getting Rich" or "Great Personality" books.

About Kiyosaki himself, even if his stories are fake, I would say
he has proven himself as the greatest Salesman ever. I went to
one of his Seminar... there were hundreds of people showed up...

During that Seminar, he even said that at one time he went broke.
But the reason he got "Wealthy" not because of writing this book
but he met a friend that were in the Real Estate business and
his story started from there. Well, I would agree with him.
It's not WHAT you know but WHO you know...

Also he listed 4 factors that are important if you wanna get "Wealthy": One is Attitude, second is Financial Education (not PhD education), three is to have a business, and lastly is having a Friend that is more successful than you.

They guy is very inspiring indeed...


Rating: 5 stars
Summary: No more excuses
Review: In this new book by Robert Kiyosaki, Robert completely blows away the allegation that his philosophy doesn't work. Ecuses are completely taken out.I enjoyed the business and real estate success stories and I look forward to Kiyosaki's next foray.Good book Robert. Very inspiring.

Rating: 1 stars
Summary: Riding a wave of insane hope
Review: It's amazing to read "success stories" of people who have whole heartedly bought into a story about someone who doesn't even exist. I read the book cover to cover while sitting at the book store and was amazed to see Kiyosaki milking the masses for another round of Fiction Dad, this time with a few stories of people who had done a deal or two here or there. While I admire folks that take the first step toward their future, the idea and reality of financial freedom requires much more than only some context shifting Fiction Dad Bankrupt Dad stories. It's a bit disheartening when Robert continues to publish these books, cutting up a story full of mistruths to be printed in "new" ways without any real substance. Becoming wealthy takes a ton of hard work and dedication. It takes persistance and the willingness to become highly educated in business, beyond the hype books. The funny thing is I launched myself into high gear after reading RDPD and today have over 110 houses at the age of 27. The stories were great to tweak my mind, but there is a lot more to it and the public needs to be aware.

Rating: 1 stars
Summary: Rich Dad, Just a Fad...
Review: Kiyosaki's material is almost completely devoid of specific financial advice. Further, his material on making money in real estate appears to be little more than repackaged hype from the "no money down" real estate hucksters of the late '80s (you know, the Carlton Sheets of the world).

His message leads many to believe real estate somehow takes less homework than other investments, a premise I would strongly disagree with. Real estate can be a great investment; so can stocks, bonds, and REITs. But it takes just as much knowledge and research to be a successful investor in this sector as it does in any other.

There are no free rides. And any strategy that doesn't share that little tidbit is more marketing than content. Despite their claims, buying a foreclosure for pennies on the dollar and selling it "days later" for huge profits is a rare occurrence. And your chance of being able to do so with "no real estate experience" is miniscule at best, and impossible at worst.

My father used to tell me that I could trust someone who claimed they were not an expert but offered what knowledge they had, much more than I could trust someone that claimed to be an expert but never shared how they achieved their success. I suppose that's simply another way of saying that humility is a good thing, particularly when possessed by someone who also has a great deal of knowledge.

The truth is that Kiyosaki, and those like him, can make far more money selling you their "proven methods" than they ever could employing those methods themselves. The only available evidence leads one to believe that Kiyosaki has amassed whatever wealth he has by selling his methods, as opposed to employing them.

Now, these gentlemen trying to cash in on their "no money down" schemes would likely say that I'm just a bitter man, envious that I didn't develop their "proven methods." But before the Rich Dad fans start zipping out hate mail stating that I'm just jealous of what Kiyosaki and his like have accomplished, let me say that I begrudge no one their success. In fact, I wish nothing but success for all those who genuinely attempt to help others improve their financial well-being. I only ask that those who choose this noble pursuit do this with honesty and integrity, and fully disclose information that may be material to their potential customers and all those who may employ their advice.

This brings us to the No. 1 rule for successfully avoiding financial hucksters: If someone truly has the means to get rich quickly, they aren't going to tell you about it.


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