Robert Kiyosaki: Don’t go to School, Don’t pay Taxes, Get Into Debt

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4 жыл бұрын

Make sure you subscribe, Follow me on Instagram: / catalinmatei1 or LinkedIn / catalinmatei1 or email me at catalin@increasemedia.com. Listen to the podcast version and subscribe for more at apple.co/2H0A1os
Robert Kiyosaki is the best-selling author of the book "Rich Dad, Poor Dad", one of the most well-known books in the sphere of personal development and financial education.
In our interview, he shared a few fundamental lessons that are going to help you in growing your financial situation.
Here are some of the key concepts discussed in this interview:
1. "We're going down. Crashes make the rich, richer." Learn more about the potential financial crisis and what one can do about it
2. "You must understand taxes; the rich don't pay taxes." If you're looking to build your wealth, chances are you are in some type of debt (student debt, etc), so one of the fundamental skills you need is a good accounting understanding.
3. "We're going down. Crashes make the rich, richer." Learn more about how to profit in the down market.
4. Robert Kiyosaki's message to young people: "Challenge what you've been taught."
5. "Most people should be employees". It's an interesting argument since being an "entrepreneur" requires (like any other action) a price. What is the price of working for yourself and are people willing to pay that price?
We had a very interesting conversation. Hope you enjoy it!
Giveaway! Win a copy of Robert Kiyosaki's new book: "Fake". To get a chance to win you have to 1) Watch or listen to the interview and 2) Post one takeaway either on this post or anywhere on social media using hashtag #fakebookgiveaway. 10 of those will be chosen at random in 30 days and will be given a copy of the book (wherever you are in the world).
You can also listen to this interview on:
iTunes: podcasts.apple.com/ro/podcast...
Spotify: open.spotify.com/episode/6cSA...
#robertkiyosaki #fake
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This interview was filmed with the courtesy of Pullman Bucharest World Trade Center, who have kindly offered us a room to record this interview in.
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Catalin Matei is a young Entrepreneur and marketer. Ex-Professional Dancer for 9 years now turned Entrepreneur, Catalin loves to share his journey and the things that worked for him along his trip of building businesses, growing, learning, failing, succeeding and so much more.
He believes that in life mastery of your craft and the people around you are the most important things in the world, and that's what this channel is going to be about.
Find Catalin:
Facebook: / iscatalin
Twitter: / atcatalinmatei
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Пікірлер: 1 700

@catalinmatei Жыл бұрын

Hi everyone, if any of you are in Romania / nearby countries and want to attend an event with Robery Kiyosaki, I've been notified there's one happening in March 2023. You can learn more at this link and see if it's useful for you: bit.ly/3uZCvvM (use coupon code: unstoppable2023 for 40% off at checkout. full disclosure: this is an affiliate link of mine and I only share this since I believe it'll be valuable to people to follow Mr. Kiyosaki and want to attend his events).

@nickymasangu9255 Жыл бұрын

How are you man? How ca i reach out to you? Want tos share something with you

@amerzahra303 9 ай бұрын

amazing Interview. well done.

@zulfeqarali1733 8 ай бұрын

1:53 😅😅😅😅

@sirenochgreat8627 7 ай бұрын

Robert not Robery...

@InamulKabir-tz1vv 6 ай бұрын

Yeah

@joeclinton552 4 ай бұрын

The future belongs to those who believe in the beauty of their dreams. Success is a state of mind. I think I'm blessed because if not I wouldn't have met someone who is as spectacular as Expert Mr Martinez Amend.

@jonaswinter614 4 ай бұрын

Hit $200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with $20k in October 2023

@jonaswinter614 4 ай бұрын

Most rich people stay rich by spending like the poor and investing without no stopping then most poor people stay poor by spending like the rich yet not investing like the rich but by trying to impress others

@samstrong912 4 ай бұрын

@@jonaswinter614You're absolutely right, and that's a beautiful mindset you've got there I never thought of it this way before.

@samstrong912 4 ай бұрын

The idea of the whole trade market is something I still can't wrap my head around.

@bryan0359 4 ай бұрын

I have broken through 45k, 72k and got my eyes on 120k! Thanks to Martinez 🙏

@PatrickLloyd- 6 ай бұрын

Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.

@trane85 6 ай бұрын

Impressive insights! For beginners like me, managing and staying updated can be overwhelming. Are you an experienced investor or do you have a strategic approach for staying informed?

@hankmarks69 6 ай бұрын

Absolutely not, as I've closely tracked my portfolio's performance, witnessing a staggering $482k growth in just the last two quarters. This experience has taught me the secrets behind experienced traders' substantial gains in what might appear as unpredictable markets. Undoubtedly, it's been a bold and rewarding choice I made fairly recently

@PhilipDunk 6 ай бұрын

@@hankmarks69 That's quite remarkable! I'm genuinely interested in benefiting from the guidance of such experienced advisors, especially considering the current state of my struggling portfolio. May I know the name of the advisor who has been assisting you in navigating these financial challenges?

@hankmarks69 6 ай бұрын

“Vivian Carol Gioia” serves as my advisor, bringing extensive qualifications and experience in the financial market. Her deep understanding of portfolio diversity positions her as an industry expert. I suggest delving into her credentials for further insight. With her considerable experience, she offers valuable guidance to anyone seeking to navigate the complexities of the financial market.

@PhilipDunk 6 ай бұрын

@@hankmarks69 very much appreciated, your response suggests a person of benevolence.. just inputted her full name on my browser, and came across her site, top-notch qualifications! she seems well-qualified

@BrunoLuke 9 ай бұрын

I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing! Very inspiring! I love this.

@MarcelPhilips 9 ай бұрын

I understand that tomorrow isn't promised to anyone, but investing today is hard for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.?

@BrunoLuke 9 ай бұрын

@@MarcelPhilips I invest across the top markets but not by myself though. I follow the guidelines of KRISTIN GAIL CUNNINGHAM . you might have heard of her. I can correctly say she's worth her salt as an investment advisor as her diversification skills is top-notch, I say this because I see that in her results as my portfolio grows by averages of 20 to 3O% every month, unlike I can say for my IRA which has just been trudging along. my portfolio just mirrors what she places and not just on some particular industries of my choosing. she gave me that financial freedom I needed

@MarcelPhilips 9 ай бұрын

@@BrunoLuke That’s great, your investment advisor must be really good, I have seen testimonies of people using the help of investment advisors in making them more financially stable. Do you mind sharing more info on this person?

@BrunoLuke 9 ай бұрын

@@MarcelPhilips quickly do a web check where you can connect with her, and do your research with her full name mentioned

@MarcelPhilips 9 ай бұрын

@@BrunoLuke Thank you, I just checked her out and I have sent her an email. I hope she gets back to me soon.

@Riggsnic_co 6 ай бұрын

We read news in the media that doom and gloom is coming and we just accept it, doom and gloom doesn’t always have to be coming, I’ve read numerous success stories of people that are pulling off tremendous gains of up to $250K within weeks in this crazy market and I just want to learn how to achieve such figures.

@usieey 6 ай бұрын

Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.

@maga_zineng7810 6 ай бұрын

There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.

@CraigChap_6898 6 ай бұрын

Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.

@usieey 6 ай бұрын

Impressive can you share more info?

@CraigChap_6898 6 ай бұрын

My advisor is ‘’Catherine Morrison Evans’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

@rickybishop8388 9 ай бұрын

📌 *Nice video, love how you take your time to educate your viewers. You gave me the mindset to invest my savings now I have made profits over $120k Right now and still making more , I am enjoying a good life with what I made investing. Indeed ‚building a Portfolio income (investing) through a licensed investment adviser is one out of many ways to earn passive income.*

@malone7655 9 ай бұрын

I made a lot from last week, a vision of the effective signals alone assured me of the turnovers. all thanks to Mrs Angela Mae Mcclain

@tickedoffsheikh8587 4 жыл бұрын

Robert isn't against schooling. He is concerned about what we are taught about money.

@ampmri2434 4 жыл бұрын

Exactly.

@coachv4712 4 жыл бұрын

He’s concerned about what you’re not being taught about money

@olawaleesan4672 3 жыл бұрын

So am I . School dosent teach us the facts of life.

@lampubelajar3943 3 жыл бұрын

@@olawaleesan4672 it does to some extent.

@trainofthoughtspodcast9809 3 жыл бұрын

That's the problem in school they teach you nothing about money I've been in school for 10 years and I learned the truth about money from me doing my own research at home not listening to these fake teachers

@congosrevolution8625 4 жыл бұрын

Few people know that the rules of money changed in 1971. That year , the président Nixons took the U.S dollar off the gold standard. The dollar replaced gold-which is money made by God -with man made money, which is also known as fiat money , or money that is not based on a physical commodity. In 1971 , the dollar became currency ,and it was no longer money The world currency comes from the word’’ current ‘’ A currency like river current or an electrical current , needs to keep moving. That is why parking your money in a bank or a mutual found reduces your wealth. Your wealth decreases because your money is not moving. Sitting in an account, your money is moving for your bankers , financial adviser , investment bankers ,and mutual fund community-but not for you.

@baraktv9127 4 жыл бұрын

Thanks for the help. Appreciate it.

@jayeshmitra247 4 жыл бұрын

Superb

@Skorwotpubg 4 жыл бұрын

You've made my mind clear 😍

@marvinscottjr.4310 4 жыл бұрын

Thanks to all of you. I am still learning

@marvinscottjr.4310 4 жыл бұрын

@dannie curlett .roger that

@floresb76549 4 жыл бұрын

Dang man I am 16 and my parents are the exact incarnation of robert's "poor dad" and I am so grateful for this information online for the price of an internet connection

@tertiuspeter2595 4 жыл бұрын

Wow you seeing this video at 16 youl be great

@patrickhatcherson3416 4 жыл бұрын

And as you change your thinking, the old hypnosis will attack you. Keep studying like you’re doing though!

@jayanth777 3 жыл бұрын

Good you came to know fact @ good age.you will fly bro

@webcom100 3 жыл бұрын

Stay in school! Don´t listen to this BS!

@patrickhatcherson3416 3 жыл бұрын

@aena mustafa yes, but not just because it’s safe, but because it’s a skill that you can always use later.

@ceyhunozer4300 4 жыл бұрын

"the more debt i use, the less taxes i pay.". haha growing up we've been taught the complete opposite.

@moefraz4216 4 жыл бұрын

😂😂😂👍🏾

@jliuatl 4 жыл бұрын

But don't forget - there is "rich" debt, and there is "poor" debt. Credit card debt, student loan debt, your own mortgage payments on your own residence - that's poor debt, enough to crush you.

@VictorThomasCSC 4 жыл бұрын

Debt is a neutral concept. It's all about how you use it. You can use a credit card to get rich if your numbers work

@lampubelajar3943 3 жыл бұрын

So in USA only employees pay taxes and employers don't?

@trainofthoughtspodcast9809 3 жыл бұрын

@James Little Rich people never use their own money it's always been like that and they took the dollar off the gold standard because you can't have unlimited gold but you can have unlimited cash that's why the rich keep getting richer

@AdrianGarcia-jh8ry 4 жыл бұрын

"employees pay taxes, entrepreneurs don't"

@MixSonaProductions 3 жыл бұрын

Employees don't pay taxes if they are underpaid, especially around or below minimum wage

@adambreezy251 Жыл бұрын

@@Jj-gi2uv You're saying this. But 2 years later he's still getting paid. Even when the entire U.S economy is on the verge of economic collapse.

@christopherreynolds5255 4 жыл бұрын

He basically described the matrix we all live in.

@catalinmatei 4 жыл бұрын

Yap!

@carsonkendall 4 жыл бұрын

Love when he laughs at the “selfy” people 😂

@lnguyen5357 4 жыл бұрын

@@catalinmatei How can one be an insider trading?

@dwaynesmith753 4 жыл бұрын

Yep, but this matrix has been around much longer

@visionblurr 4 жыл бұрын

@@carsonkendall yeaa LOL

@sibusisodlamini1026 4 жыл бұрын

Mhmm so the 4 people who disliked this video are employees...🤔🤔🤔 I love the content. Great content!

@vanwijktv4851 4 жыл бұрын

slaves you mean

@catalinmatei 4 жыл бұрын

glad you liked it :)

@MrHondacivic97 4 жыл бұрын

🤣

@ms.bosslady8622 4 жыл бұрын

Up to 165 dislikes now lol.

@anniemkhungo2242 4 жыл бұрын

Now how do we get going with this infomartion really need change this 2020 and im a teacher since listening to these videos never even like my job again need to get my life back ,want buy the properties and see the world ...that what i want not stuck in class

@Cristian_M_ 7 ай бұрын

You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just a few months ago and now they are multimillionaires.

@eileengardner5462 7 ай бұрын

I’m celebrating a $30k stock portfolio today. I started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me

@ramadhanipongela1360 7 ай бұрын

Wow, really. I was able to make my $25k on investment

@kiyotofujita2178 7 ай бұрын

@@eileengardner5462I’m looking for something I can venture into on a short term basis, I have $15k sitting in my savings

@hamidu_- 7 ай бұрын

Assets that can make you rich *FX *Btcoin *Stocks *Gold *Real estate .

@zoeyswaniawski7306 7 ай бұрын

You’re right but a lot of people remain poor due to ignorance

@user-ne5pg9hl9j 6 ай бұрын

What I've learned from the interview: We have to question what the schools are teaching us; then Take Action!

@Thecryptonetworkservice 2 ай бұрын

Go google Robert kiyosaki private vip mentorship class on the choice. And join the winning team to know more about cash flows

@claudiochisani4120 4 жыл бұрын

The advice is sound and interesting I like Robert's message. However, don't go to school is a statement that aims to challenge the mind. It is clear that Robert can sell his books ; he went to school or took courses in sales, he knows cashflow and debt, he probably educated himself over basic business , how to read a financial statement, how to hire people and so on. He talks about hiring good people and their expertise. Perhaps a different way to look at this is: use debt not to get into consumer debt; use debt to generate cashflow so you can build assets that generate even more cashflow. Also have the business mind that you will put together the best team to create an actual business vs one man/woman show (independent professional) However , if you need to work for someone just before you start your venture, find the business that trains you on how to sell/leverage/expand. Study the company's system and apply it to your business in the future. Social skills, selling, EQ and refusing to be a employee are key. You may have to study some or all of it. Indeed, money is depreciated by money printing, gold is great, so is real estate, solid guidance there. The number one enemy is ignorance (you don't know what you don't know), that's why it pays off to be curious and be life's student for as long as you live. And it is perhaps fair to say that society needs nurses, firefighters....not all people have the entrepreneurial desire but they are happy and proud to help , knowing they will never have the same financial aspirations.

@manniesreactionchannel3808 4 жыл бұрын

He has a valid point, school doesn’t teach you about money it teaches you how to work.

@trentp151 4 жыл бұрын

How to follow orders first and foremost.

@manniesreactionchannel3808 4 жыл бұрын

@@trentp151 True that is so true!

@glennvannijevelt1133 4 жыл бұрын

mannie's Art And Fitness Channel Actually if you have an MBA, it does. I have two degree, MBA and Architecture. One to make money the other to follow my passion......

@manniesreactionchannel3808 4 жыл бұрын

Glenn van Nijevelt Thanks! 👍

@jliuatl 3 жыл бұрын

Doesn't really teach you how to work either - I learned that by...working. On the job training.