Robert Kiyosaki, synonymous with financial wisdom and controversy, has long championed the power of debt as a wealth-building tool.
Known for his claim that his wealthy status is due to his status as a “debtor,” Kiyosaki's strategy revolves around leveraging debt to acquire assets that increase cash flow. His honesty and unpredictability have captivated audiences around the world, and his insights are highly anticipated.
On April 3, 2017, Kiyosaki went on a passionate Facebook rant, expressing grievances that touched on his core teachings. “This really pisses me off,” he begins, expressing frustration at what he comes across as the common but misguided complaint that the wealthy are to blame for the economic hardships of the less wealthy. Kiyosaki challenges this narrative head-on, criticizing the tendency to denigrate wealth and success.
He highlighted the irony of condemning the greed of the wealthy, pointing out that it is often those who are struggling economically who are the ones holding grudges and entitlements. Kiyosaki argues that these people mistakenly believe that lack of wealth is a virtue, while at the same time expecting the rich to solve their problems through taxes or direct financial support.
“It's the opposite,” Kiyosaki said, dismantling the argument with his characteristic frankness. He criticizes the spirit of entitlement and suggests that it is not the wealthy who are “greedy” but those who demand redistribution of unearned income.
In the post, he said, “In my experience, many poor people are more 'greedy' than the rich. Many poor people believe that the rich should pay all the taxes and that the government should take care of them.” They argue that doing the bare minimum at work should earn you a raise, and that wealth should be “redistributed” (spending money earned by others). (meaning to receive) The poor criticize the rich for having “privileges.” Well, I'll even go so far as to criticize people who feel that way as 'entitled'! ”
Kiyosaki emphasizes the generosity of the wealthy, citing Bill Gates as a prime example. Mr. Gates has given away 32% of his net worth, an expression of philanthropy that dwarfs the giving of the average household. This, Kiyosaki argues, embodies the true spirit of wealth: the ability to make a big impact.
Kiyosaki's message is clear. Wealth is not about hoarding, it's about the opportunity to give back and make a difference. He contrasts this with the idea of people asking for alms, and challenges the notion that the rich are greedy.
“To those who want to keep blaming others for not being where they want to be. I'm not here to change their minds,” Kiyosaki said, drawing a line in the sand. His last words, “Those who believe that the world depends on them for a living, are not welcome in my world,” serve as a reminder of his philosophy. Success comes to those who strive for it, not those who wait for it. It will be given to them.
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This article was written by Robert Kiyosaki of Rich Dad, Poor Dad. Poor people are “greedy and entitled” — not wealthy — and “believe the world owes them a living. People are not welcome in my world” was originally published. Benzinga.com
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