It’s a very common question, is Rich Dad, meaning Robert Kiyosaki the author and entrepreneur, a scam?
In short? **Yes.** But you should still read the book.
Allow me to explain:
A lot of the arguments about the bestselling book Rich Dad, Poor Dad are about the supposed Rich Dad described in the story. He was proven to be fictional, and Robert Kiyosaki said that he wanted to tell a good financial education story. And I’m all for that, I think Rich Dad was a narration device.
Again, it doesn’t matter. You should still read the book. Seriously, it’s cheap, just go and get a copy.
And I’ll explain why. In a completely different industry, we have the scriptwriting book, Save the Cat. Now, Save the Cat is basic, in that it explains the concepts behind storytelling in a very easy way. Serious scriptwriters consider it stupid and dismiss it. But, because it’s a bestseller, lots of people in the industry have read it.
I firmly believe that in order to comprehend something, you need to create a concept in your mind and give it a name.
The main argument against Rich Dad is that the concepts are basic and that every financial guy or gal in the world knows about them. Cool. And maybe they do. But the average person does not, and this is an easy to digest book that will help them get started.
Same with you, it doesn’t matter if Rich Dad is a scam or not. Hoo-boy, it really is. The website is one big upsell to his courses. Robert Kiyosaki is a classic boomer telling you how he became rich during one of the wealthiest times in the world.
Seriously, it’s the classic, “When I was your age I had a house and a yacht.” They should shut up, my ancestors included. They don’t know squat about the new world. But at least Robert is attempting to teach you how to grab the opportunities that appear before you.
Also, some of his teachings are solid. He tells you to get rid of your fear and learn to sell. By letting go of your embarrassment and fear of rejection, you harden yourself and become experienced.
He’s also franchising his brand to other partners which he absolves himself of and claims he doesn’t know what they’re actually doing with their scammy courses. Just don’t buy into any of that. I’ll tell you what’s actually valuable in the Rich Dad brand:
– Get the Rich Dad book. Just the one book.
– Play the Cashflow Classic game. It’s free to play online.
– Listen to the podcast Rich Dad Radio Show. There are some good guests there.
– Watch some of his Videos on Youtube. If you separate the salesman talk from the actual information, there are a lot of little nuggets of gold to be mined there.
That’s it. Just like in anything on the internet, ignore all of the upsells.
Even the ones on this site.
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