So I finally started reading Rich Dad Poor Dad...

26 replies
And I gotta say, so far it's been a pretty enlightening book. A lot of the stuff isn't quite what I expected, and much of it seems to run contrary to what I've been taught growing up, but the more I think about it, the more it makes sense.

Unfortunately, earlier today I got into a rather unpleasant argument with my mother about the issue of financial independence and supporting yourself with your own means, just like Robert Kiyosaki described himself getting into arguments with his poor dad, and I'm not even half-way through the book yet.

I really do want to become rich eventually, and I'm willing to do whatever it takes to get there, but at the same time I don't want to alienate my family or hurt those close to me in the process.

Is there anything I can do to sooth the tension on this issue, or some way that I can help my loved ones to understand without hurting them too much?
#dad #finally #poor #reading #rich #started
  • Profile picture of the author SUPER Louie
    My friends were like that as well. I think it would also be best if you read other books because it will greatly enhance your knowledge on financial IQ.

    It's really hard to convince someone. Especially if they've been stuck to the idea for so long. What I normally do is I keep the ideas to myself, and I use the formula without telling anybody. If I don't succeed, there will be no 'I told you so', but if I do succeed, that's when I tell them about the secret to success
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    • Profile picture of the author ccora
      If they are willing, give the book to them to read when you are finished. If not, they are just the typical 'naysayers' that you have to keep your ideas away from. Instead, offset this by hanging out with others who are more in line with what you are hoping to accomplish.
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      • Profile picture of the author Joseph Rodrigues
        Originally Posted by ccora View Post

        If they are willing, give the book to them to read when you are finished. If not, they are just the typical 'naysayers' that you have to keep your ideas away from. Instead, offset this by hanging out with others who are more in line with what you are hoping to accomplish.

        I agree, this was one of my first mistakes in business. Trying to convince naysayers is such a waste of time
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  • Profile picture of the author WebPen
    Enjoy- it's a great book!

    I think with the explosion of the internet, its actually more applicable then ever.

    Within a year, you can build a website passively making thousands of dollars a year, without a ton of investment.

    Compare that to a home where you have to take out a huge mortgage, and its a no-brainer!
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  • Profile picture of the author Joseph Rodrigues
    When I was working full-time I would constantly get criticisms from family, friends and coworkers about the book. Two years later, I managed to build multiple streams of income thus replacing my job and giving myself a lot of free time. Nowadays looking back, this was one of the books that started everything. My best advice to you is to only discuss the book with like minded people and people who have the sames goals you do. If not, you will get into unwanted debates and it's not worth your valuable time


    I am sure they are greak folks but in this case, they will only come around when they see the results which you are going to make happen
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  • Profile picture of the author RHert
    Personally I wouldn't hide what you're doing from anyone. You'll get people who get into arguments about it, and to those I'd say just don't talk to them about it. I too have this problem with my mother. She and I don't see eye to eye on this but we still love each other and she knows I'm determined to succeed, no matter what she says about it. Let them know you hear their concerns (because parents really do want the best for you, their just trapped behind their own fears) but also tell them that you aren't going to let fear get in the way of your dreams. You are your own person.
    Most people who love you will back down if you let them know your absolutely certain about this, but if they don't keep going. They may never understand and never support your dream but eventually they will come around (You know when you live in a big house and are making millions every year). Until then hang in there, and make sure you associate with people who are making the money you want to.
    If you take the five people you spend the most time with and average their incomes most likely that is about what you'll make too. Get some new friends, spend time with them and your whole world changes.
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  • Profile picture of the author Tainted Seraphim
    Originally Posted by ccora View Post

    If they are willing, give the book to them to read when you are finished. If not, they are just the typical 'naysayers' that you have to keep your ideas away from. Instead, offset this by hanging out with others who are more in line with what you are hoping to accomplish.
    Originally Posted by vueduejoe View Post

    I agree, this was one of my first mistakes in business. Trying to convince naysayers is such a waste of time
    That sounds easy enough on paper, but it's a lot harder when the naysayers are people close to you who you love and care about. I can't just cut off all relationships with my family and abandon them, can I?
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    • Profile picture of the author ladywriter
      Originally Posted by Tainted Seraphim View Post

      That sounds easy enough on paper, but it's a lot harder when the naysayers are people close to you who you love and care about. I can't just cut off all relationships with my family and abandon them, can I?
      Of course not. But there's no reason to beat a dead horse. Some people are just set in their ways, and once you've explained a few times, if they still don't get it it's going to be nothing but annoying for both of you.

      My mother asks me constantly when I'm going to get a real job and there's no point in arguing/explaining/all that nonsense. I haven't cut her off or abandoned her, we are still close, but she knows that topic is a nonstarter because we disagree. I simply won't waste my energy and time debating it.
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      • Profile picture of the author ThomasOMalley
        This is an easy one. As already stated, pursue your goals with vigor and determination (remember to be flexible on your tactics to reach your goals).

        But only discuss your goals with like-minded people. Don't say anything to your family members who are not supportive. They mean well but often they do not get it (and never will). Love them and all that good stuff but quietly and persistently move towards your goal.

        Carpe diem.
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        • Profile picture of the author Jacko
          Hey Seraphim!

          that's a great book!

          Originally Posted by siocowiz View Post

          My friends were like that as well. I think it would also be best if you read other books because it will greatly enhance your knowledge on financial IQ.

          It's really hard to convince someone. Especially if they've been stuck to the idea for so long. What I normally do is I keep the ideas to myself, and I use the formula without telling anybody. If I don't succeed, there will be no 'I told you so', but if I do succeed, that's when I tell them about the secret to success
          Originally Posted by vueduejoe View Post

          When I was working full-time I would constantly get criticisms from family, friends and coworkers about the book. Two years later, I managed to build multiple streams of income thus replacing my job and giving myself a lot of free time. Nowadays looking back, this was one of the books that started everything. My best advice to you is to only discuss the book with like minded people and people who have the sames goals you do. If not, you will get into unwanted debates and it's not worth your valuable time


          I am sure they are greak folks but in this case, they will only come around when they see the results which you are going to make happen
          siocowiz and vueduejoe gave good advice and I agree with them. I know it's difficult when you have a different point of view from a closer friend or relative. But it is really hard to convince someone. But let time does its magic and show its results. Nobody can argue with results, facts. Show them results, don't waste your time.
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    • Profile picture of the author ccora
      Originally Posted by Tainted Seraphim View Post

      That sounds easy enough on paper, but it's a lot harder when the naysayers are people close to you who you love and care about. I can't just cut off all relationships with my family and abandon them, can I?
      You might not be able to but what you can do is offset their effect by spending more time with other people who are positive.
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    • Profile picture of the author Joseph Rodrigues
      Originally Posted by Tainted Seraphim View Post

      That sounds easy enough on paper, but it's a lot harder when the naysayers are people close to you who you love and care about. I can't just cut off all relationships with my family and abandon them, can I?
      You don't need to cut out your family. It's more about connecting with them on the common grounds. Everyone has something great to offer you in your quest of business. Even if they don't know much about business, they can still offer great insight and they will overall balance out your life. Just reach out more often to people that share your vision as they are the ones that will uplift you and give you the energy you need for your specific goal here.I only cut out people that try and bring me down. My family I aim for common grounds
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  • Profile picture of the author jushuaburnham
    Good for you... Me too I learn a lot from the book and love to read it over and over again, so inspiring.
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  • Profile picture of the author powell747
    Originally Posted by Tainted Seraphim View Post

    And I gotta say, so far it's been a pretty enlightening book. A lot of the stuff isn't quite what I expected, and much of it seems to run contrary to what I've been taught growing up, but the more I think about it, the more it makes sense.

    Unfortunately, earlier today I got into a rather unpleasant argument with my mother about the issue of financial independence and supporting yourself with your own means, just like Robert Kiyosaki described himself getting into arguments with his poor dad, and I'm not even half-way through the book yet.

    I really do want to become rich eventually, and I'm willing to do whatever it takes to get there, but at the same time I don't want to alienate my family or hurt those close to me in the process.

    Is there anything I can do to sooth the tension on this issue, or some way that I can help my loved ones to understand without hurting them too much?
    Personally, I have learned to not waste my energy on people who are set in there ways. Some people just like to argue. Of coarse when you are dealing with someone you love, you want to share your knowledge with them, but if they are resistant, I suggest to stop. When I get into situations like that I say to myself "I'll show you!!!" and that's what I do, I go about my business and I let my results speak for me. I suggest you go about "minding your own business" as Robert would say and go out and prove the nay sayers wrong. Avoid arguing with your family, just love them and show them by making it happen!

    Hope that helps!
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  • Profile picture of the author livitweb
    Yep, totally agree - it's very inspiring and people who are not of the same 'mindset' just do not get it.
    They call me a dreamer and on another planet sometimes but I think I just see things differently.
    It has paid off so far, and I'm not always complaining like half of them do anyway.
    Great book and a great way to look forward.
    Cheers,
    David.
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  • Profile picture of the author AmandaT
    I just got that book in the mail yesterday along with a copy of Think and Grow Rich and a few copywriting books. I realized that all of the ebooks I had just weren't getting read because I don't have my Kindle anymore and I hate reading on the computer screen so I bought a bunch of physical books.

    I'm really excited to read it, everyone speaks so highly of it!

    I have noticed that when it comes to IM as a whole, there are some people I simply cannot talk to about it. My mother keeps telling me to go back to school and get a real job. My mother-in-law things I'm making it all up! My father on the other hand, while not fully understanding it, is fascinated and sits me down every time I go to visit so I can show him all of my websites and explain how my sales funnel works.

    I've learned that when it comes to my business, if someone is going to be negative, they aren't worth talking to about it. I save my breath and only discuss my business with the people that are interested and supportive. That isn't to say I don't still love my mother... I talk to her everyday! I just avoid talking about work and if she brings it up I change the subject.

    I actually ordered three copies of this particular book... because my husband and father are going to be reading it with me as well. It will be nice to talk to them about it as I read!
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  • Profile picture of the author NickTaylor
    That is a great book. I'm sorry about your argument. I don't know if you can get them to understand..... honestly. You may have to just do what Rich Dad did, he kept to himself and built his financial empire. He didn't talk much. He built it in secret.
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    • Originally Posted by NickTaylor View Post

      That is a great book. I'm sorry about your argument. I don't know if you can get them to understand..... honestly. You may have to just do what Rich Dad did, he kept to himself and built his financial empire. He didn't talk much. He built it in secret.
      The great thing about the internet is that no one has to know what you're doing. No one has to know your results. And I agree with the earlier poster who said that the principles in Rich Dad Poor Dad are easier to execute on the internet.
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      • Profile picture of the author Tainted Seraphim
        Originally Posted by Jacob Tudor Baruch View Post

        the principles in Rich Dad Poor Dad are easier to execute on the internet.
        Really? Can you provide more information? How do I apply the RDPD principles online?
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        • Originally Posted by Tainted Seraphim View Post

          Really? Can you provide more information? How do I apply the RDPD principles online?
          The philosophy behind RDPD and Cashflow Quadrant are heavily influenced by Michael Gerber's E-Myth Revisited whose philosophy is based on creating business systems so that your business can work for you instead of you working in your business.

          The internet makes this very easy to do due to automation and because the barriers to entry are very low. It probably costs less time and money to publish a Kindle mini-ebook than to start and run a lemonade stand.
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          • Profile picture of the author abundantlife
            I think one of the reasons we tell our friends and family about what we read in RDPD is because we just can't help it. When we find something new and enlightening we naturally want to tell others. I remember when I came under the influence of all my Amway training, many years ago, I began to think anyone who wanted a Chevrolet instead of a Cadillac was a poverty thinker.

            The funny part of it is that I was driving a VW but my mind was getting conditioned to think of that as only temporary. One day I would be rich. Well, when my friends and family hear me talking like a rich guy when I in the present reality a poor guy it didn't leave much room for credibility.

            So, now I see that it's better to just read what I want, do what I want and only have a conversation about it if asked and then not to ever defend. We live, in America, in a free country where we are able to do pretty much what we want as long as it's not causing harm or discomfort to others.
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  • Profile picture of the author Tainted Seraphim
    Whelp, I just finished reading it about an hour ago, and I gotta say, it's some pretty amazing stuff.

    Already I've got a list of like 10 other books I want to go read ASAP. Rich Dad Poor Dad has enflamed my hunger for knowledge, and that hunger must be fed!

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  • Profile picture of the author drmfitz
    kiosaki writes a good story, and as for financial advice? buy assets not liabilities-assets make you money, liabilities cost you. there 's the whole book in two sentances. he really didn't tell us anything, and many got hurt trying to leverage themselves at the end of an up cycle in real estate. david bach the Automatic Millionaire is far superior in detail and what to do. making millions WILL automatically alienate all kinds of people to you, even though you still are the same person. it is an illusion to think you can cause more pain than pleasure to your parents too. every second of our lives is filled with constant pain/pleasure-support/challenge-happy/sad-nice/mean. because we all have different values, the ones we often express, threaten or even anger others who repress those same values. since we are all human beings, we have the same "make-up", again, expressing and repressing varying traits. when we find people we do not like? it is usually the items relected back to ourselves that we have not liked or loved yet. you may wish to make your mom apart of your ventures so thus keeping her in the mix? at least she can help with some items like paperwork, advertising, accounting, PR, marketing, sales support, etc. life is too short, besides, when you make it big, then the parents start to take credit anyway.
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    • Profile picture of the author Tainted Seraphim
      Originally Posted by drmfitz View Post

      kiosaki writes a good story, and as for financial advice? buy assets not liabilities-assets make you money, liabilities cost you. there 's the whole book in two sentances. he really didn't tell us anything, and many got hurt trying to leverage themselves at the end of an up cycle in real estate.
      It may sound like simple advice, but then the best advice usually is. And if anyone got hurt going into real estate, it's because they didn't know what they were doing. A smart investor makes money regardless of whether the market is going up or down. You just have to be smart and know what you're doing.
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  • Profile picture of the author Blake King
    A very good book. I read it when I was around 17 years old. A lot of it I already knew from other business books. But the way he explains assets vs liabilities was new to me.

    Its a good book to give to kids too.
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  • Profile picture of the author neeralt
    I started to read the book bit by bit starting last week. It is very beneficial and inspirational to me personally.
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