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Today’s very special guest is none other than author, speaker and co-founder of the ‘Rich Dad’ company, Kim Kiyosaki!
Kim has some important things to say about taking responsibility for our own money… And shares how she and husband Robert Kiyosaki started Rich Dad Poor Dad from a car wash!
SHOW NOTES
04:20 How being fired from her first job has been the best thing that happened to Kim
05:00 Why Kim encourages us to answer the question, “What is most meaningful to me?”
6:17 Kim shares the scary stats about women and money
07:50 The conversation that became a turning point and made Kim want to take charge of her financial future
11:05 The question Robert asked Kim on their first date
11:40 How Kim used her first business venture to fund her education for business
12:57 The early days of Kim’s business and the philosophy behind what she was doing
15:35 What every business’s purpose should be
16:15 The story behind the cashflow board game
17:50 How Kim and Robert sold the Rich Dad Poor Dad books from a carwash!
22:30 How to create cash flow from investment properties
26:30 Kim’s driving purpose in making money
27:20 Kim shares her upcoming project that will give people the process and allow people to tap into what’s meaningful to them
29:40 Why and how the book Rich Dad Poor Dad was written
31:00 How do you calculate your wealth number?
33:10 What are the 4 basic asset classes?
34:05 Cash flow or capital growth: what is Kim’s property investing strategy?
35:40 Why Kim likes problem properties
39:00 How to know when to sell your investment property
40:55 How women can take charge of their financial future and achieve true freedom
48:00 What is the Triple-A triangle process?
51:52 Kim’s advice in acquiring property
“Are you gonna be working hard for your money all your life or or do you want your money working for you?” – Kim Kiyosaki
“Wealth is determined by how, if you stop working today how long can you financially survive at your current standard of living?” – Kim Kiyosaki
“Money can be very controlling so I’m all about women taking charge of their money. I’m all about women taking control of their lives.” – Kim Kiyosaki
RESOURCES AND LINKS
- Kim Kiyosaki’s books: Rich Woman and It’s Rising Time
- Cashflow game
ALSO MENTIONED
- Rich Dad website
- Short videos with Kim (Video excerpts from interview)
- Free Video series – Video 2 about Cashflow vs Capital Growth
TWEETABLES
[bctt tweet=”Education goes up, experience goes up, risks goes down”]
[bctt tweet=”Money can free us or money can enslave us”]
[bctt tweet=”I’m all about women taking charge of their money”]
[bctt tweet=”Nobody is going to look after your money like you”]