Rich Dad Poor Dad

Throughout this chapter, Kiyosaki highlights the notion that opportunities for financial success and wealth are abundant but often remain hidden from view due to a lack of financial education and awareness. Additionally, Kiyosaki argues that most people are not trained to recognize these opportunities because they are conditioned from a young age to work for someone else, spend their earnings, and resort to borrowing when they fall short.

Furthermore, Kiyosaki emphasizes the importance of developing one’s “financial genius” to unveil opportunities that exists in the world. He provides 10 steps to guide individuals on this path, which consist of the following:

1. Emotional Purpose: Establishing a strong emotional reason or purpose for one’s financial pursuits, encompassing both desires and aversions.
2. Power of Choice: Understanding the power of daily choices, including cultivating beneficial habits and investing in education.
3. Associations: Being selective about one’s associations and surrounding oneself with people who support one’s financial goals, avoiding negative influences.
4. Learning: Mastering the ability to learn quickly and developing a formula for making money through continuous education.
5. Self-Discipline: Paying oneself first by exercising self-discipline to manage cash flow, people, and time effectively.
6. Team Building: Assembling a capable team and generously compensating them for their expertise, as their success contributes to one’s own.