Robert Kiyosaki's Principles In Relation to [Internet Marketing]...

10 replies
A lot of people have read Robert Kiyosaki's famous book ''Rich Dad, Poor Dad''. And their way of thinking changed, which changed their lives completely after they knew what exactly do rich people do to become more wealthier.

The entire eBook can be summarized into one strong sentence: Rich people acquire assets, while the poor acquire liabilities.

According to Mr. Kiyosaki's teachings.. Rich people have many 'Assets' that generates passive income, things like - Stocks, Real Estate, Corporations, etc.

And they constantly Invest in acquiring more assets from the income they've generated from other assets. And by doing this their wealth keep growing non-stop.

And from a IM perspective, I think 'Assets' could be things like: Your Website/Blog, Email list, Products, etc.

Which also can be considered as 'Online Assets' that generates good passive income.

And by saying passive income, I mean that it shouldn't require much initial time from you to run on Auto-Pilot!

For example, a lot of IMers have Adsense websites with Auto-posting softwares that run on auto-pilot and brings passive income. or an Email list with loads of Automated follow-ups which can be run on auto-pilot too and still bring passive income(Asset).

Another example of an online asset that can be bring passive income is 'Recruiting Affiliates' to get you traffic which enables you to get passive income without much effort. or by simply posting a Kindle eBook on Amazon Kindle which is considered an online asset that brings passive income without effort.

I think an 'Online Asset' can be even more powerful than an 'Offline Asset' like unstable stocks, or Real Estate.

Am I right or just trippin' ?
#internet #kiyosaki #marketing #principles #relation #robert
  • Profile picture of the author madstan
    I love Robert Kiyosaki and his teachings. I do not know about Internet marketer but he is a network marketer.
    {{ DiscussionBoard.errors[10821505].message }}
  • Profile picture of the author vikash_kumar
    I believe, when it comes to Internet Marketing... There is nothing passive in real terms.
    The days now have gone long back when AdSense and auto posting was working.
    Moreover, any product sales and management of affiliates still need some work on our part.

    So, I would say, it is actually Semi-Passive.
    {{ DiscussionBoard.errors[10821621].message }}
  • Profile picture of the author Steve B
    I agree if you really do have an online asset.

    So many people put up a product for sale, or upload a Kindle book, or post affiliate offers, or Adsense or something and make no money from it. This isn't an asset.

    Assets make money for you . . . more than they cost you. And most often, they continue earning into the future for an indefinite period.

    It is the marketing that you apply to your asset that makes it profitable and worthwhile.

    Steve
    Signature

    Steve Browne, online business strategies, tips, guidance, and resources
    SteveBrowneDirect

    {{ DiscussionBoard.errors[10821626].message }}
  • Profile picture of the author brianapatt
    I remember Rich Dad Poor Dad when it first came out was a really big deal! I remember shortly after that he ventured into endorsing an MLM program....can't remember which one though. He always has his hand in some money making venture
    {{ DiscussionBoard.errors[10821636].message }}
    • Profile picture of the author madstan
      It is the same MLM program that I am currently promoting.

      Originally Posted by brianapatt View Post

      I remember Rich Dad Poor Dad when it first came out was a really big deal! I remember shortly after that he ventured into endorsing an MLM program....can't remember which one though. He always has his hand in some money making venture
      {{ DiscussionBoard.errors[10821793].message }}
  • {{ DiscussionBoard.errors[10821759].message }}
  • Profile picture of the author aizaku
    Damn! that book...

    you brought back some memories from when i was in my early early twenties...

    after reading that book i was like "where can i get me some assets"

    that lead me to where i am today!

    does Rob's principles hold true in IM? Hell yes..

    BTW, nice tread....

    all the best,
    Ike Paz
    Signature
    >> 2018 Money Making Method Video Guides [NO OPTIN] <<
    80% Of These Proven Guides Are Free... ]
    {{ DiscussionBoard.errors[10821773].message }}
  • Profile picture of the author Azlan.MY
    Yeah, I am a Kiyosaki fan and read several of his books. Rich Dad Poor Dad is a classic one, the latest book is Second Chance which I found is quite good.
    Signature

    {{ DiscussionBoard.errors[10823212].message }}
  • Profile picture of the author discrat
    Didn't Kiyosaki partner up with that Presidential Candidate ?

    Wonder if he regrets that ???


    - Robert Andrew
    {{ DiscussionBoard.errors[10823678].message }}
  • Profile picture of the author Oziboomer
    It's funny how different influencers have different effects at different times.

    Robert took a pretty mundane subject of investment and made it "readable".

    I still remember when I played "Cashflow the game" with my kids like we used to play Monopoly.

    My six year old at the time was a bit of a high achiever (still is)

    They read all the cards in the game before starting.

    Ended up being a "Nurse" in the game - no biggie right?

    After a few rounds drew a card " You've had a BABY"

    They promptly said "I've Lost!"

    Threw a tantrum and stormed out.

    YEARS later. . .

    Got a job at 14 and a half.

    Saved $7K by their 15th Birthday

    Put $1K into their retirement fund.

    Bought a car before they had a licence.

    Rented car to older sibling to drive until they got their licence.

    . . . . Much more to the story....

    But anyway they have travelled the world and have no money worries.

    Actually sold the car to older sibling who still drives it despite it being a real bomb nowadays.

    The youngest learned the lesson early.

    The mid child...well they have assets, property etc.

    The oldest . . well...they are still learning. (now 27)

    The IM space is littered with examples of people who are able to communicate an idea to a market that is keen to buy.

    They don't have to be "new ideas" merely repurposed for the willing audience.

    Kyosaki did re-purpose well.

    We consumed well.

    What can you re-purpose for your audience?

    best regards,

    Ozi
    {{ DiscussionBoard.errors[10823698].message }}

Trending Topics