"If you believe in a strong future, sometimes you have to bite the bullet on price.". I would never put myself in all of the debt he suggests, but he did inspire me to be a writer here on HubPages because I wanted to create an additional, passive source of income that came without first giving up my savings. You and everyone should care about taking advice from liars. If you search on the Internet now, it's full of articles about how a meeting with MLK Jr. turned her around. I will analyze a few of them. kschang (author) from San Francisco, CA, USA on September 30, 2014: It helps knowing the context of the message. I know for a fact that homes can be purchased for 45% off market value on occasion and even better is not impossible in certain markets. Does it matter if there was a "Rich Dad"? Hilton Hawaiian Village Waikiki Beach Resort. You have introduced me to the world of Real Estate Investors and Entrepreneurs. Kiyosaki kept it a complete mystery citing a written agreement with the family of Rich Dad to keep him anonymous. Hawaii Aloha Travel offers all-inclusive Hawaii vacation packages you can design yourself. It makes them feel special, so they're loathe to learn anything negative about their mini-messiah. You go to Waikiki Beach today, you'll see the Hyatt Regency Hotel, that turned into his inn. So what is one supposed to get from the Rich Dad series of books? Mr. Kyosaki gives conflicting advice on the way to do real estate deals. Keep in mind that if everyone who read the book followed the advice within and was successful, there would be no poor or the measure of what is actual wealth would be greatly elevated. kschang (author) from San Francisco, CA, USA on July 22, 2012: Wait, you read EVERY SINGLE BOOK he ever wrote? As I recall, his "wife" also wrote books. As a scientist, trained for decades to be a skeptic, this book is almost certainly a fiction. Much success to you Phil and continued success to Robert. The message in his first book is excellent. If you mean the Cashflow game, it is quite interesting, as it's basically monopoly, but with more stuff about assets and liabilities thrown in to get you think about spending vs. saving vs. investing. Glenda Goddard from Arizona on October 30, 2015: He did what all writers do. The Hotel Hukilau was continuously packed, typically with individuals who lived within the islands. His name is Richard Kimi and his real son Alan Kimi came out on Oprah to tell everyone that yes his dad was the real inspiration for Kiyosaki's book. Finally, dig deep into Kiyosakis old audio CD coaching program where he tells about going to a cabin to read the best selling books at the time and then came up with the idea for Rich Dad Poor Dad. On graduation night, he says hey come up to this hotel penthouse in Waikiki for a partywhat I didnt know was his dad owned the hotel. Basically, while it's true that baby boomers are retiring, they don't do so all at once, and thus, the window where all that money will be leaving the market will be a period of decades, and the effect on the market should be minimal, or at least, nowhere as noticeable as Mr. Kiyosaki claims it will be. So, hope you go to the end of this for your own benefice. I don't obsess over him if that's what you meant. If a politician told everybody about how he grew up from a poor family and he struggled to feed himself and finally found this one generous man who made a difference in his life, but only to reveal later there is no such person, and he really grew up middle class, he would be booed out of office. Please read again. There is no such thing as "formula to wealth", and anyone claiming so is at best self-delusional. Try to discredit the person that delivers the message. I doubt even Bill Gates actually anticipated the success of the PC, but he was able to capitalize on the success and build his fortunes by studying the market and reacting to customer needs and various threats by assembling a good team, including Paul Allen. And what does my wealth have to do with whether to trust HIS advice? However, this Rich Dad character has made an impact on millions of people. RK has influenced MILLIONS around the globe. His name is Richard Kimi, and his son, Alan Kimi (Mike) was even on the Oprah show. I have learned a long time ago to laugh off lies kschang (author) from San Francisco, CA, USA on March 03, 2015: One hub's worth. Some critics even went so far as to demand the book be moved to the fiction side of the bookstore. Thanks for finding this out. But, we can enjoy these stories as good inspirations and boost our morality to achieve something. For me, After 4 years of trying to explain to my wife why saving&investing, not spending, is the key to a comfortable life, I finally bought the Cash Flow Quadrant game. Those are common sense. Michael Dell built and customized computers and sold them out of his dorm room; he was there to see the need and fulfill it. Mr. Kiyosaki said so as much in one of his books. @kschang, you have a phd (player hating degree)!!! It is what it is. Just tell me five, 10 years what you guys are going to be doing.' Soon, budget-conscious visitors discovered that the rooms were nicely-furnished and clean, and that the service at the hotel was excellent. Waikiki had 53,000 hotel rooms in 2003, but that number had dwindled to 42,000 by 2013, he said. With Hawaii Aloha Travel, planning your vacation to Hawaii is stress-free, fun, and rewarding. Mahalo (Thank You in Hawaiian), Enlightening article. Otherwise don't criticize Zig Ziglar said no nation have ever erected a statute of a critic. Content is for informational or entertainment purposes only and does not substitute for personal counsel or professional advice in business, financial, legal, or technical matters. Rich Dad Poor Dad was mostly written by his partner, Sharon Lector, who's a real CPA, and they paid her off in 2000 after a nasty split. I assumed Rich Dad was real. Hyatt Regency Waikiki Beach Resort & Spa 4-star resort with full-service spa, connected to a shopping center, near Kuhio Beach Park 8.4/10 Very Good 1,860 verified Hotels.com guest reviews See all 1,860 reviews Property highlights Parking available Pool Free WiFi Pet friendly Gym Air conditioning $255 Price available on 3/4/2023 Ebook of all time, and its main individual, Rich Dad, has emerged as one of the most influential economic advisers in. They are inspirational and I've always wondered if they were true or not. After the war, he worked in his family's business selling Army surplus goods but it wasn't turning a profit so he took the remaining unsold equipment and turned to construction. Tamara Wilhite from Fort Worth, Texas on November 10, 2015: The later books selling the financial doom and gloom and advice to buy gold were simply following the end of the world naysayers who have yet to be right. Mr. Kiyosaki stated several times in Rich Dad Poor Dad that "this is a true story about my two dads." Popular attractions Waikiki Beach and Waikiki Beach Walk are located nearby. Well, is he a myth or not? Personally, I think the story got embellished in the retelling. The hotel is Hyatt's highest luxury property on Oahu and is also one of the largest hotels, boasting 2 towers with ocean-, mountain-, and city-view rooms. Those aren't secrets. Sure some elements of it have happened, but there is not way someone would convince me of the story being told about this rich dad. I think you better do a little bit more research into your articles before you actually publish them. In 2009, a Hawaiian hotelier named Richard Wassman Kimi died, and the Honolulu Advertiser obituary study that, "Richard Kimi also loved teaching and sharing his income, advertising and business know-how. from all the writer said nothing here even gives a hint about the REAL NAME of "Rich Dad" To find Rich Dad you must find his name which RK has not given. I appreciate the fact checking, and shall approach the Rich Dad Poor Dad books with caution! We pray that all children everywhere have good parents, and equally many good mentors and helper along the way on the path of life. There is some truth in that. And I've said so. kschang (author) from San Francisco, CA, USA on April 27, 2012: @MfM -- it may have been easier to just say "stop looking for Rich Dad" instead instead of making up different stories. The 2003 sale of the Damon Estate's 220 acres of light industrial land in Mapunapuna for $466.1 million drew criticism, she said. Thus, I found it interesting to discover that Nichelle Nichols, who played Uhura in the original Star Trek series, regularly repeats her encounter with Dr. Martin Luther King Jr. at every convention appearance. Your email address will not be published. There are many experts that says "that would be a stupid idea". There is no doubt Kiyosaki is a great salesman/marketeer. monicamelendez from Salt Lake City on July 17, 2012: I've read some of his books and agree that they are full of very generic advice. With amenities like a beachfront location and beach towels, this resort is the perfect place to soak up the sun. The most important thing is how it influence people and it does only in positive ways. However, if you are to believe Mr. Kiyosaki, he found a house for 72% off the market price! Kiyosaki has not found out this secret because the e-book Rich Dad Poor Dad become first released in 1997. You have done your surveyjust wanna ask you '' what is the size of your bank account?'' It calls into question not only the advice of Rich Dad but also the integrity of the author as well. ", For those who want to know the absolute truth behind Robert Kiyosaki, please read the following blog post which has compiled as meticulous of an account of Kiyosaki's life as you will find online. If so, why don't you trust words of Warren Buffet or Bill Gates more instead? Stories do get embellished in the retelling. If that fairytale encouraged me to build my own business and grow my assets then I rather hear fairytales more. Mr. Kiyosaki, if he actually tried this approach to a contract, was lucky that no one called his bluff. If you wrote a non-fiction book but made up the events and stories of the book, that would be a big problem to every reader. However, you are correct that it is basically fiction . Do NOT follow this link or you will be banned from the site. . This will cause the market to crash. Keep one thing in mind: trust, but verify. Bamboo Waikiki Hotel 2425 Kuhio Avenue, Honolulu, HI 96815.1 miles Royal Grove Waikiki 151 Uluniu Ave, Honolulu, HI 96815 .1 miles Aston Waikiki Circle Hotel 2464 Kalakaua Avenue, Honolulu, HI . Most of us have many mothers, and many fathers, even if we don't call them that, and don't acknowledge that contribution they've made to our lives. They will give you a paradigm shift, so to speak, as they will present you with a new way of thinking, a new viewpoint that you may not have considered before. 1,429 reviews. Let's say you try something like this, and the other party, with too much to lose, decides to call your bluff and sue you in court. 2023 The Arena Media Brands, LLC and respective content providers on this website. Everyone who is saying this is a fraud because his past is a 'fraud', well this writer made millions without the book. Assuming you merely misspoke and you actually mean US Congress, that would still be wrong. Hey, if it works, copy it??? In an interview by SmartMoney magazine, published in February of 2003, Robert Kiyosaki gave an answer that sounds surprisingly sincere: "Is Harry Potter real? Perhaps it would be better to fact check, rather than to give you own uninformed opinion which could (and did) smear another man's reputation. Robert Kiyosaki is the author of the e-book Rich Dad Poor Dad . Mr. Kiyosaki states in the book that Rich Dad owns some of the best real estate on Waikiki Beach and is one of the richest men on the island of Hawaii. So wether there is Reach Dad or not, it dosnt really matter any way. My own business and grow my assets then I rather hear fairytales more one supposed to get from site... 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