The Central Theme of Robert Kiyosaki’s Rich Dad Poor Dad – Look for Assets, Not Liabilities

Rich Dad Poor Dad has been reviewed by many writers. The book, written in 1997 by Robert Kiyosaki, became an immediate success. The concepts expressed therein are the basis of Robert Kiyosaki’s Rich Dad series of books.

Rich Dad Poor Dad expresses a series of concepts that seem contrary to the established norms of accounting and finance. Robert Kiyosaki defines an asset as something that puts money in your pocket and a liability as something that takes money out of your pocket.

In Rich Dad Poor Dad, and indeed throughout the Rich Dad series, Robert Kiyosaki encourages his readers to look for assets and avoid liabilities. This is the key message for those who want to get rich and prosper financially.

Based on the definition of assets and liabilities is the concept of making money work for you instead of working hard for money. Money works steadily and diligently for a wise owner who multiplies beyond expectations. You can’t get rich working for money.

You earn passive income when you make your money work for you, a concept explored extensively in Rich Dad Poor Dad. Passive income is the foundation of wealth as it gives you leverage for your efforts. After setting up an income stream, continue to earn money while you sleep.

Rich Dad Corporation has three main shareholders: Robert Kiyosaki, his wife Kim Kiyosaki, and Sharon Lechter. All three are co-founders of the RDPD Corporation under which they have produced a variety of RDPD books.

Kim Kiyosaki has written his own line of Rich Women Poor Women, which is based on the same basic principles expressed in Rich Dad Poor Dad, but is aimed at a completely different audience. Riding on the back of her husband, Kim Kiyasaki’s books have also been very successful, attracting millions of satisfied readers.

Robert Kiyosaki has touched the lives of millions of people around the world through his books, helping many to become aware and get rid of clutter, thereby eliminating liabilities from their financial lives. He has conducted millions of seminars and training programs. He is dedicated to educating humanity in the principles of business and managing personal finances, thereby helping them lift themselves out of poverty.

The Rich Dad series provides many practical examples of how to grow money using real estate, the stock market, and business. The books confirm Robert Kiyosaki’s qualities as an educator and motivator, and his understanding of the concepts of economics and money. Employing skills as an educator and his knowledge of money matters, Robert Kiyosaki has been able to build an empire on the concepts expressed in Rich Dad Poor Dad.