Updated over 14 years ago on . Most recent reply
Write a New Book Before Real Estate Investing?
Robert Kiyosaki started his business career basically by writing a book (Rich Dad/Poor Dad) and using the proceeds (royalties) to invest in real estate properties.
How many people here have thought about using the same strategy?
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- Lender
- The Woodlands, TX
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#1 Innovative Strategies Contributor
- Lender
- The Woodlands, TX
No , actually some research into his background reveals very limited success - until he wrote a book on success!
It's noteworthy that his book had little or no specifics - it was basically a general outline of how to "think rich". The people most smitten were (1) people with a product/service to sell that were able to somehow relate the product/service to his book and (2) people with a non business type background who were wowed by a few relatively simplistic business-investment concepts.
Think of Mr. Kiyosaki as a celebrity, an actor playing an investment guru! Reminds me of when just after the TV show Dallas ended, Larry Hagman was pitching an investment in an oil fund.
- Don Konipol
