In Rich Dad Poor Dad, the American businessman Robert Kiyosaki highlights that wealth is based on a few basic principles that are often overlooked in favor of good education and hard work, meaning that the majority of people will never escape the rat race. This clear and detailed summary and analysis is a valuable resource for anyone who wants to understand Kiyosaki’s revolutionary book: it features a thorough explanation of his business philosophy, the main concepts underpinning his work, such as his view on cash flow and his insistence on taking action, and the contextual background to his work, including the coming of the new millenium. It also provides an introduction to the key concepts he suggests to break free from the rat race, the main criticisms of his work and potential extensions of his approach, giving you everything you need to understand this invaluable book in just 50 minutes.
About Rich Dad Poor Dad : Rich Dad Poor Dad stemmed from Kiyosaki’s desire to make money and his interaction with the two main father figures in his life: his biological, or poor, father and his father-figure, or rich, father. Although the author was originally forced to self-publish Rich Dad Poor Dad, the book became a resounding success, selling over 26 million copies and endorsed by a string of celebrities, including media mogul Oprah Winfrey and President Donald Trump. About Robert Kiyosaki : Robert Kiyosaki was born in Hawaii in 1947 to Japanese-American parents. He became aware of wealth inequalities from a young age, looking on with envy at many of his classmates who clearly had a standard of living far superior to his own. He and his friend Mike decided that they would not let their humble beginnings hold them back in life, resolving to be as successful as possible. Mike eventually took over his father’s business, while Robert became a multimillionaire and a respected businessman.
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