Comments on: Rich Dad, Poor Dad, Yes Robert Kiyosaki files for bankruptcy.

By: Monir

Monir — Sun, 03 Mar 2013 08:48:29 +0000

I read this book. It is not applicable for all country

By: kingsley

kingsley — Mon, 04 Feb 2013 16:55:10 +0000

U must be prepared for where u re go in to that’s why u go thro the process. Mr Robert is one of the renowned entrepreneurs of our time. He has obviously learnt a lot going thro the process to get to where he is today. As a born Entrepreneur you must know how to get back to the drawing board to restrategize. That is what it takes to see what others cannot see or wud take them multiple years to see. No true Entrepreneur can ever be cut off guard there is always a way out for every situation Robert already saw this coming and already had a Master plan.its a rule for every would be enterpreneurs. I don’t know exactly what happened underground but I know something went wrong. A born Entrepreneur sees the bigger picture but a promoter sees now.

By: MK Chan

MK Chan — Fri, 26 Oct 2012 14:07:46 +0000

If that was what he’s committed his own company (Rich Global LLC)to pay, then he should do the honourable thing, including paying from his own pocket, if necessary – not try to escape by taking advantage of the bankruptcy law!

By: John

John — Mon, 22 Oct 2012 15:33:59 +0000

I think robert is a doer of his book.Learning how and preparing for a fall is the best way to keep standing. This is a practical lesson for those who want to keep standin co’s successful men do have many falls.

By: Lillian

Lillian — Sun, 21 Oct 2012 22:54:03 +0000

There are at least two sides to every story. The article does not state Robert Kiyosaki view point on the case. Kiyosaki financial educational books, tapes, seminars, and coaching provides an excellent supplemental source for financial and real estate knowledge and information dispite the fact he has filed bankruptcy on one of his many business ventures.

By: ife

ife — Sun, 21 Oct 2012 19:19:29 +0000

?? dnt care wat dey’re sayin, I’m still solely behind kiyosaki and his “Rich dad, poor dad” ideas. Its jst a phase and yea him filing Fø????? bankruptsy dos’nt mean he’s going down.

By: Scott H

Scott H — Sat, 20 Oct 2012 13:47:44 +0000

For me, this is a moral issue. Kiyosaki had a business arrangement with The Learning Annex and if the story is accurate, agreed to pay them for their services. Without knowing the business arrangement, its difficult to assess what is fair. However, if the arrangement would have call for Kiyosaki to pay them $24m for the services The Learning Annex provided, then Kiyosaki should pay per the agreement. The fact Kiyosaki found a way out, if he really owed the $24m, is immoral in my opinion. It may be business and legal, but this is not someone I would want to take advice from anymore. If he said he would pay for the services provided, then he should pay.

By: Patsy

Patsy — Mon, 15 Oct 2012 14:21:20 +0000

Thanks Olumide for your explanation!

By: Olumide

Olumide — Mon, 15 Oct 2012 04:58:07 +0000

If you’ve read Rich Dad’s book well, you will understand that Robert is practising exactly what he is preaching. Filing for bankruptcy is a smart move and protection tactics that corporations use to shield them from people that want to take their wealth away.

He has always preached that you should be wealthy but own nothing. Bill Zanker got a $28m judgement against one of Robert’s company that did business with him and not against Robert Kiyosaki himself. Rather than pay the $24m, the company simply filed for bankruptcy since the company does not worth the value of the judgement. This is a great application of teaching in Rich Dad, Poor Dad’s books especially as it concerns shielding your wealth with the power of incorporation. Robert in this case is smarter than the Learning Annex/ Bill Zanker. He understands the loophole in the corporation law and he’s exploiting it to the fullest.

By: Sherlock

Sherlock — Sun, 14 Oct 2012 15:56:59 +0000

FYI: There is only one “e” in judgemnt.