5 comments about Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not!.

1. Excellent book for starters on the way to financial freedom or people who would prefer to be inspired by common sense approach intellect that provides a base to slingshot their financial freedom and start getting out of the rat race



2. Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not!
   
   Robert Kiyosaki has openned my eyes: after being 15 year working for several companies as Corporate Treasurer, Senior Operations Controller and responsible for starting-up several buisness units for my employer, I finally was inspired by Kiyosaki's Guide to investing and how you can create your own money, creating assets without buying them, going through a transformation process "trash to cash".
   
   I look at Financial Statements from a different perspective, not as a means of informing someone else of the company's performance, but as someone who would be an inside investor.
   
   This book is really great!!



3. I really liked this book. If you liked Rich Dad, Poor Dad, then you should get this book. It is very informative and interesting.



4. I like Robert Kiyosaki's idea of an eight-part model for a business. He calls it the BI Triangle, which says that a business is a system of systems. The BI Triangle is a big leap forward for all aspiring entrepreneurs. It establishes finite boundaries on what it takes to run a successful business. As far as I know, no other writer has been able to express these boundaries so succinctly.
   
   The BI Triangle's power comes from its unprecedented combination of comprehensiveness, finiteness and simplicity. Before Mr. Kiyosaki, nearly all business books were written by two categories of writers:
   
   1)Overly-specialized, non-comprehensive-thinking employee-or-consultant-gurus who couldn't see the forest for the trees, or
   2)Overly-generalized, non-educator-entrepreneurs who could see the forest but couldn't describe it in a way that was understandable to others.
   
   Seldom (if ever) is a business book written by an entrepreneur who also happens to be an educator. As a result, the business sections of most bookstores are vast collections of specialized "marketing" books written by self-proclaimed marketing gurus, "strategy" books by strategy gurus, "sales" books by sales gurus, and so on. None of these overly-specialized authors have been able put the entire concept of business together into a universal, comprehensive and succinct package - none except Robert Kiyosaki.
   
   This lack of succinct comprehensiveness within the business world is the main reason why entrepreneurship has been so scary for so many. This must have been how the mariners of Europe felt before the voyages of Columbus. Starting a new business, just like sailing off into the sunset, used to seem like a never-ending dangerous quest into an unknown (and unknowable) abyss. That's why most mariners used to stay within sight of the shore. To them, the risk of sailing into the sunset was infinite because the scope of possible outcomes was also infinite. This isn't surprising since many of them thought the earth was an infinitely-extended flat plane.
   
   But something amazing happened when Columbus returned from his adventures. He proved to his fellow mariners that the earth was finite, not infinite - he showed them that the earth was actually a sphere, and not an infinitely extended plane. The others quickly understood the meaning. That is, a spherical earth meant that it was now impossible to sail off into oblivion. In one swift stroke, this knowledge massively reduced the risk (and the fears) of sailing into the sunset. What was unknown and unknowable became knowable and most importantly, doable.
   
   Robert Kiyosaki is the Columbus of the business world. He has shown that a business, like the earth, is also a finite entity. Just as there are definite boundaries to the earth itself, there are also definite boundaries to a business. This is a monumental finding - don't be fooled by its simplicity.
   But there is an important difference between the boundaries of the earth and the boundaries of a business: the former is mainly physical, and the latter is mainly metaphysical. In other words, the boundaries of the earth can be apprehended by the senses; the boundaries of a business can only be apprehended by the mind.
   
   The key to understanding Mr. Kiyosaki's ideas is the ability to see with the mind's eye. The business world of the Information Age is a collection of inherently invisible, inaudible and weightless principles. To apprehend them we must learn how to transcend the obvious physical inputs from our senses. For example, it's "obvious" that the sun "moves" across the sky. It's "obvious" that the earth is flat. But is that really happening? The mind's eye reveals a different reality. If you want to succeed in business, then learn to embrace the version of reality from the mind's eye, not from the senses. Robert Kiyosaki's books are an excellent place to start.
   
   If you really want to understand the way Kiyosaki thinks, then I suggest you read Buckminster Fuller's books as well.



5. I have read most of the books in the Rich Dad series, and this last one has been on my bookshelf for seven years. I finally read it this week, looking for some insight into the current (10/10/2008) stock market and financial crisis.
   
   This book was harder to understand and less complete than the other books in the Rich Dad series, and the chapters on the different classes of investors was basic to me, but that is probably because I've attended a half-dozen Rich Dad seminars over the years, read the other books in the series and I've played the Cashflow game, which I highly recommend.
   
   However, I don't particularly recommend this book. This is the only Rich Dad book in which I found the writing to be stilted and phony, particularly when Kiyosaki is recreating his childhood and young adulthood interactions with his 'Rich Dad.' Instead of speaking to me deeply as the earlier books did, I found the first part of this book to be highly irritating, preachy and annoying.
   
   Any other Rich Dad book is worth buying, except for this one. Rich Dad Poor Dad will set your life on fire and change the way you think about wealth and money. This one will put you to sleep.

No comments about Making Time, Making Money in Network Marketing: A Step-by-Step Program to Set Your Goals & Achieve Success in Network Marketing.

5 comments about Rich Dad's Advisors: Protecting Your #1 Asset - Creating Fortunes from Your Ideas.

1. This book was an extremely helpful book for me because of the fact that it covers so many different areas of intellectual property protection. Because it covers so much and so many different types of intellectual property protection, it is a book that really makes you think about all the possibilities. I like the fact that it is very broad. Considering that the book is written by an attorney who is bound by the rules of ethics not to disclose his client's confidential matters, I found the book to have ample specifics and examples of different types of intellectual property protection.

   My personal impression is that it is a book that can help business owners looking to protect their intellectual property as well as those who are interested in a more scholarly approach. That is the genius of this book. It can be very useful to many different kinds of readers. I think that even a lot of attorneys who practice in different areas of the law would probably find this book extremely valuable. That is a great complement to the author.

   As the title indicates, it makes you realize that your intellectual property is really your number one asset.




2. Unlike the rest of the Rich Dad books that I've read -- which were for the most part fantastic -- this book was terrible. Michael Lechter may indeed be a very bright guy and a star in his field, but he is an absolutely horrendous writer. The intro by Robert Kiyosaki was the only really enjoyable part to the book. Lechter immediately jumped into complex explanations of the various types of IP protection available without really clarifying anything for the lay person like me. And no real life examples of anything -- just references to a couple hypothetical "horror stories" that he relays at the beginning of the book. The only reason I gave this book 2 stars and not 1 is because at the very least I was able to get some basic definitions of IP terms down. But I guess I could've gotten that from a dictionary too.



3. I think I know how this book was written. A whole lot of cut and paste from U.S. Law code with some mediocre story telling sprinkled in. If you want to be technical and write in the language of professional law, fine. But this is not the series to do it in.



4. I wonder if the creators of that operating system had this book, would anyone know of Bill Gates or Microsoft; or if Xerox held its research and development of the paperless office, would the Information Technology field be totally different- yeah you know where I am going with this.
   
   If you are a creative mind searching for a way to protect your hard work and development, GET THIS BOOK for it is a sound minded investment for your greatest assets: ideas that move the world and generate money.
   
   This book explained all the types of Creative Assets Protection out there. Granted it does not read as the other Rich Dad books, not as personal, but its lessons and information are vital not only to understand various intellectual properties, but also to seeking the best legal representation in both the physical and cyberspace.



5. I read this book 3 yrs ago, and it helped to explain the different legal mechanisms available to protect a company and its products.
   
   There's no single source of information nor one person (not even if you're willing to pay a lawyer) who will explain it all to you.
   
   However, this book set me off in the right direction to thinking about the aspects of my products that I could patent, what I should trademark and what copyrights I had with my products.
   
   At least, I was able to ask the right questions when I got around to consulting a lawyer. I think the lawyer also appreciated that he did not have to spend time and explain to me (what was obvious to him) the different strategies to protect intellectual property. I think this made him willing to help me with better advice.
   
   Of course, I needed to learn more about drafting patents, and also the different geographic regions granting protection to different patents. I had to learn more about trademarks and the right strategy to registering trademarks in different regions. All this is important since they come with a cost, so you want to control your costs and budget for the time you incur those costs. But it does make a difference in the value, credibility and sustainability of your business.

No comments about Rich Dad's Guide To Investing 2 ('Fu ba ba ti zao xiang shou cai fu 2', in traditional Chinese, NOT in English).

No comments about 3 Rich Dad Poor Dad Books (Rich Dad Poor Dad/Guide to Investing/Retire Young Retire Rich).