The Fearless Future

Podcast
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April 11, 2024
minute read

Rich Dad Poor Dad: How Robert Kiyosaki Is More Relevant Than Ever!

In this episode of the Fearless Future Podcast, hosts Glenn and Amber dive into the timeless wisdom of Robert Kiyosaki's "Rich Dad Poor Dad," discussing its continued relevance in today's world. They explore the crucial distinctions between being an employee, self-employed, a business owner, and an investor, as outlined in Kiyosaki's Cashflow Quadrant.

The couple shares personal insights and experiences, emphasizing the importance of transitioning from earning as an employee to generating passive income as a business owner and investor. They candidly discuss the financial literacy gap in society and how it contributes to the struggle of the middle class, advocating for education and action in personal finance and investment.

The episode also covers the perks of business ownership, such as tax deductions and leveraging expenses, with practical examples from their lives. Additionally, Glenn and Amber touch on current political and economic scenarios, reflecting on how these affect individual financial decisions.

This episode is a must-listen for anyone aspiring to break free from the employee mindset and build lasting wealth through savvy investing and business acumen. Subscribe for more insights and strategies to create your fearless future.

Transcript

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Links and Resources

  • Crushing It in Apartments and Commercial Real Estate by Brian H. Murray
  • The Real Estate Wholesaling Bible by Than Merrill
  • Investing in Apartment Buildings by Matthew A. Martinez
  • Real Estate Finance and Investment Course by Urban Land Institute

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