By Sebastian Schmid
This journey is of a man who had gone bankrupt twice with his business ventures and has become a multi-millionaire by teaching others how to be well-informed about their financial decisions.
Robert T. Kiyosaki
Robert Kiyosaki, recognized as the author of Rich Dad, Poor Dad, and the world’s best-selling personal finance book, has questioned and alternated the way tens of millions of people perceive money. He is a well-renowned entrepreneur, educationist, and investor who believe that the planet needs more job creators.
Robert Kiyosaki’s life is the epitome of success.
His story will encourage you to persevere in the face of adversity, imbibe more about finance, and be financially successful in today’s world.
Let’s embark on this inspiring journey to find out how he extraordinarily did ordinary things.
1. You reap what you sow.
Believe it or not, results aren’t immediate. Giving is the most reliable way to obtain anything. Making a lot of money necessitates a lot of giving.
He took a step towards his entrepreneur journey.
Robert Kiyosaki decided to try his hand at entrepreneurship, and his first venture was trading those cool-looking Velcro wallets that were all the rage in the 1980s. He devoted a lot of time to grit, patience, perseverance, and a lot of positive energy.
Key lesson
There are times when people want more but don’t give much in return. The time and effort you put in would, sooner or later, pay off handsomely (Return on Investment).
2. Hardships bring new opportunities.
Success and failure are facets of the very same coin. What determines is your ability to recoil and get back up.
Stand in the face of adversities and never look back!
After his first career failed, he took the risk of starting a new one. And this time, he decided to create an occupation that sold heavy metal bands’ licensed clothing. While the company initially prospered financially, with a shift in fashion, the preference for heavy metal bands gave way to softer music, resulting in a drop in demand.
Stamp out of the stigma
We are taught in classrooms that failure is evil, so taking chances can be intimidating. As a result, we often find ourselves trapped in our comfort zones. If you wish to succeed, you must overcome the fear of failure.
3. Take one step at a time and stay persistent.
Robert Kiyosaki kept pushing forward, refusing to let his first two losses deter him. He did what all great businessmen and entrepreneurs do: he persisted until he succeeded.
Success can come from simple ideas with a twist.
After a lot of trial and error, he purchased enough real estate to achieve one of his key objectives: financial autonomy. He met his target of bringing in more money from his investments per month than spending on living expenses.
4. Work hard, play hard.
As time passed and his company deteriorated, his bank debts grew. He was left penniless and homeless to repay the debt.
He navigated his life despite all his failures.
Despite hitting rock bottom throughout his life, he never gave up hope and instead used his skill and wisdom to help others escape bankruptcy and achieve financial success.
5. Opportunities knock at your door. Don’t forget to let them in
People sometimes decide to put their dreams on hold in favour of something more “realistic. Don’t give up on your dream in exchange for something simpler.
Be ambitious from scratch.
Then, after seeing his new venture succeed, Robert Kiyosaki sold it and used his newly acquired wealth to establish another education business. And it was with this profession that he achieved his most tremendous success. It was because of his performance that he became known around the world as the wealth master.
What must we learn from the Robert Kiyosaki success story?
The Robert Kiyosaki triumph story aims to spot the factors that contributed to Robert’s success.
- The main takeaway should be that Robert succeeded because he didn’t give up when he was initially defeated.
- Furthermore, he, like anyone of us, committed several errors. He did, however, grasp from his missteps, assemble, and attacked his objectives from a different perspective. He kept trying until he made it.
- Allow no feelings of discouragement to swamp you, and you will succeed in the end.
“Believe in the possibility of your dreams. Keep hustling and keep grinding.”
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