Robert Kiyosaki argues you get rich through entrepreneurship and owning tangible assets like real estate and gold, not through a job, saving, and stock investments. He uses debt strategically to buy property, minimizes taxes legally, and stores wealth in precious metals.
You want to be rich? Don't be an employee.
Okay.
You want to be rich? Be an entrepreneur.
Okay.
But it's a choice. Employees have to save money, get out of debt, buy a house, and invest in the stock market. I don't touch any of that stuff. I'm not saying you shouldn't, but I don't have to.
Okay.
I'm an entrepreneur. I buy the gold mine. I get the gold. I buy the silver mine. I buy the real estate, I buy the hotels. I do not save dollars.
Okay.
I use debt to buy real estate, right? I pay no taxes legally. Yeah. And I save gold and silver.
I'm so glad I learned this from Robert Kiyosaki when I read Rich Dad Poor Dad at 13 years old. And I tested out both options. I actually went to engineering school, got a job, learned what it was like in corporate America. And when I saw half my money was gone to taxes and my income was pretty much tapped every single year other than a 2 or 3% pay pay raise increase. That's when I decided to turn to entrepreneurship and was able to create millions of dollars worth of wealth from that. So I don't know any wealthy employees unless they're intrapreneurs within the company and have equity in the company and they have that ownership there. But it's so important to mind your own business, to buy assets, to run your own business, invest in businesses, have equity. You have to have ownership. So thank you, Robert, for teaching that to me. And if you want to be wealthy, you definitely have to not be an employee.
