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Founders Club - For Real Estate Entrepreneurs


Dec 8, 2020

How to Position Yourself for Massive Financial Gains ft. Rich Dad, Poor Dad Author, Robert Kiyosaki on Founders Club

Summary:

With the world in turmoil, and the markets in constant flux, how can you best position yourself for massive financial gains?

There are few people who can answer this question better than our guest for today, Robert Kiyosaki, the man responsible for popularizing entrepreneurship with his cult book, Rich Dad Poor Dad back in 1997.  

On today’s show, Robert shares his wisdom on how to save your tax dollars, investing in crypto and precious metals, and getting financial gains when the economy is in a downturn.

You will learn why Robert loves the micro-nature of real estate investing. And why he thinks that taking on more debt is the only way to elevate yourself to massive success. 

Additionally, he also shares his contrarian views on the recently concluded elections and the overall political climate in the US.  

You will get a peek into Robert’s investment strategy as he reveals how he invests his millions earned from book royalties.

We hope you enjoy this show!

Key Takeaways:

  • 00:00 – A man that needs no introduction – Robert Kiyosaki!
  • 03:40 – Robert shares his views on Wall Street Investing
  • 08:27 – How real estate investing can help you save your tax dollars
  • 11:20 – Other than real estate, where does Robert park his investments?
  • 14:04 – Hiring the smartest people to manage your investments
  • 15:30 – How a formal education does not teach you to manage your wealth the right way
  • 19:40 – Listen to this if you are shit scared of a recession
  • 23:20 – Pro Tip for Investors: Why Robert thinks that silver is on the verge of a massive bull run
  • 24:28 – Robert’s Investing Philosophy – when taking on more debt is a good thing
  • 28:44 – Robert’s Five G’s to multiply your investments manifold
  • 30:43 – Talking politics – Has media made a scapegoat out of President Trump?
  • 35:22 – Are we living in a fascist society today?
  • 36:53 – Why the micro-nature of real estate investing appeals to Robert
  • 38:43 – Is there a real estate asset class that Robert prefers to invest in?
  • 46:23 – Robert prefers investing in physical gold as opposed to digital gold
  • 47:12 – Is Fed’s massive currency printing exercise fueling a cryptocurrency bull run?
  • 52:55 – Turning the clock back – Robert reminisces about the time when he fought in the Vietnam war
  • 01:01:13 – Some great advice for young kids on how to lead a responsible life
  • 01:03:40 – Do not forget to check out Robert’s cash flow game

 

Quotes:

“Most people who went to school think like employees and self-employed. That's why they're poor. You should never go to school.”

“It is much faster to borrow a million dollars tax-free. Then to work for a million dollars. That's the difference.”

“And so only people are afraid of upcoming depression are the people who need jobs.”

“The Sixth Amendment is your right to face your accuser. Today, all of these faceless people attacking us…the trolls on the internet, they are just coming after you. That's the world I live in today. So that's not capitalism. That's not democracy. It's fascism. But you live in fear. And the more fear we have, the less freedom we have.”

Resources:

Founder’s Club

Robert’s Website

Play the Cashflow Game

Who Stole My Pension?