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01:11

You Can Choose Your Teachers


Robert Kiyosaki

Robert Kiyosaki

Businessman / Educator

The reason that most people aren’t successful is simply because they don’t fail enough. How do you learn if you don’t make mistakes?

About Robert

  • His parents were both in the Peace Corps, but from the time he was fourteen years old, he’d decided he wanted to be a Marine.
  • He went to the Marine Academy, and within three years of graduating, he was sent off to Vietnam.
  • Calls his experience fighting in the Vietnam War “possibly the best experience of [his] whole life.”
  • After the Vietnam War, the transition back into civilian life was tough; the general public did not have a high opinion of the troops, and Robert was repeatedly spit on and called a “baby killer.”
  • But his military training taught him how to handle adversity and failure, and to keep fighting.
  • He decided to pursue entrepreneurship—something he’d long been interested in—and began taking business and real estate classes in his home state of Hawaii.
  • After a series of successful investments, he amassed a small fortune, and decided to start helping others by educating them on financial literacy.
  • He wrote Rich Dad Poor Dad, a best-selling guide to investing; he also developed CASHFLOW, a board game and web app that teaches a younger audience how to be financially responsible.