DO THIS To Make MILLIONS In A Market Crash (Become A Millionaire)| Robert Kiyosaki & Lewis Howes

Education Reality

Robert Kiyosaki critiques traditional education systems for their inability to teach practical financial skills. He contrasts his own experiences with his 'rich dad,' who had no formal education but excelled in business, and his 'poor dad,' who was highly educated but financially struggling 1. Kiyosaki argues that many successful entrepreneurs, like Steve Jobs and Mark Zuckerberg, succeeded without formal education, highlighting the limitations of traditional schooling.

Teachers don't know shit. They teach stuff they don't know nothing about.

--- Robert Kiyosaki

Lewis Howes shares his own struggles with the traditional education system, emphasizing the need for practical life skills that are often overlooked in schools 1.

   

Cash Flow

Kiyosaki emphasizes the importance of understanding cash flow and financial statements for financial success. He created the Cash Flow board game to teach these concepts, inspired by his own experiences learning about money through Monopoly 2. Kiyosaki believes that financial literacy is crucial and often overlooked in traditional education.

The first thing I ask them for is not the diploma. Show me your financials.

--- Robert Kiyosaki

Lewis Howes acknowledges the impact of Kiyosaki's teachings, sharing how the Cash Flow game and the book 'Rich Dad Poor Dad' planted the seeds of financial literacy in his own life 3.

   

Right Teachers

Selecting the right mentors and educators is crucial for financial success. Kiyosaki stresses the importance of learning from those who practice what they preach, using his own advisors as examples 4. He also highlights the unique opportunities available to the younger generation, who are tech-savvy and can leverage new technologies like Bitcoin 5.

Just because they're smart doesn't mean they're not dishonest or crook.

--- Robert Kiyosaki

Kiyosaki's experiences underscore the value of practical knowledge and the dangers of relying solely on academic credentials 4.

   

Monetary Policies

Kiyosaki criticizes the Federal Reserve and government policies for their impact on individual wealth. He argues that the real economic crisis is masked by the pandemic, with the true issues lying in the repo and corporate credit markets 6. Kiyosaki warns of a shift towards socialism and communism, driven by government bailouts and central control of the economy.

The real crisis, it's a smokescreen for the real crisis going on right now. They're stealing your wealth.

--- Robert Kiyosaki

He predicts significant economic shifts, including the transformation of office buildings into low-income housing and the rise of lawsuits due to financial desperation 7.