Keep them poor by Robert Kiyosaki

Robert Kiyosaki 2019 - The Speech about KEEP THEM POOR!

Interviewer: do the rich people cringe and say don’t tell them that Robert: yes yes yes. don’t tell people what they want. keep them poor. my father was the head of education, phd, all that stuff. i go home and ask him, i said, why don’t we learn about money in school? and he looked at me, he says, because the government doesn’t let us teach that subject. the government tells us what we can teach and what we can’t teach. and i thought that was strange. and i said but aren’t we going to school to learn about money. he says, no your job is to get a job. i said but you get a job to earn money. he goes no you’re supposed to just get a job. i’m like no no no no no. isn’t the purpose of a job to earn money? he goes, you’re correct. i said so why don’t i just learn about money, i can skip the job part. and he got flustered and he said, if you want to learn about money why don’t you ask your best friend’s father about money? that’s mike. and i said why? he says, because mike’s father is an entrepreneur. and i said what are you? he says i’m an employee, i’m a government employee. i went, oh, what’s the difference? the difference is, an entrepreneur must know about money. or that they’re no longer entrepreneurs. and it says an employee doesn’t have to know anything about money, because the government will take care of them, the company will take care of them. so i’m a kid. i’m all confused. but i took my dad’s advice. and i trundle over to mike’s father’s office and knocked on his door and i said, hey, i’m here, nine years old, teach me about money. he says beat it kid. but that’s what this toy of rich dad poor dad started, and finally through persistence, my rich dad started teaching me about money on one condition. and that condition was he would never pay me. he says the moment i pay you you think like an employee. he says that’s the trap. entrepreneurs work for free. and now i’m nine years old. my head’s going cracking in half. he says you never want a paycheck, you understand that kid. I said, okay i got it. and I said, well, how do i make money? he says, that’s what entrepreneurs figure out. so how do i learn about money? so he would just break out a monopoly game board. so i would work for free and pick up cigarette butts and get hotels and restaurants and i would clean and do menial tasks. and as i got older i started getting into office work and marketing and accounting and i was an apprentice basically. but i always work for free. and he would teach me about money. but the way he taught me about money was playing monopoly. and finally one day i got upset. i said well when are you going to teach me about money? he says, what do you think we’re doing? we’re playing monopoly. he goes no no no no. what do you think we’re doing? we’re playing monopoly. what do you think we’re doing? i’m teaching about money. and then he says, you have one green house. he says, there’s many formulas for great success and money. there’s thousands of them. but one of the best ones founded on the game of monopoly, still is today. four greenhouses one red hotel. I said what? he says one of the greatest ways to acquire great wealth is playing monopoly in real life. four greenhouses one red hotel. but is that all there is? he goes that’s it. and he says what do you think i’m doing? and i went, i don’t know. so then, he took me out. he showed me his greenhouses. and 10 years later, when i was 19 i was now in school in new york, and i come back to hawaii and rich dad had bought the biggest piece of land, smack dab in the middle of waikiki beach. and when you go to waikiki beach today you’ll see the hyatt regency hotel, that was his hotel. just like the game of monopoly. acquired assets and they became bigger assets. he just kept what’s called an assemblage, because that property wasn’t that big at the time. so you had to buy out all the small guys, because waikiki was a little dirt about a little town. so he’d buy out this shop owner and buy that shop owner. and it took him a while but he finally assembled this large piece of property. and then he then he and hyatt put up this giant hotel. and it just sold for 800 million dollars. so that’s how i learned about money. i’ve had financial crashes. i’ve had people stab me in the back. but they’re all good because i grow from it. that’s spirituality. you know people who are afraid of making mistakes like they teach in school, they don’t ever grow. because spirituality is there’s good and there’s bad there’s right and there’s wrong there’s up and there’s down. most people don’t want to be right. they only want to be positive. well you can’t have that that’s not reality. well i wasn’t poor by most people’s standards. but i came from a family with a poor attitude, if you know what i mean. because rich poor middle-class poverty starts with a fundamental attitude. poverty is passed on. it’s taught in your families. and middle classes taught in families. and so the people right now who are sitting at home, who are struggling financially or worried about money or unhappy, they may be making a lot of money, but unhappy with what they’re doing, it was probably taught to you. you know your super ego was taught get a job, work hard or you’ll never be rich. or the rich or evil or whatever the school system will never teach you about money. the school system was designed to teach you to be an employee, which is important or a doctor or a lawyer, a specialist. but never about money. and what most people lack is real business knowledge, like accounting, like debt, like taxes. you gotta know that stuff. but they don’t teach it in school to anybody. so and then when people ask me, how did your rich dad learn this? when your poor dad a page they didn’t and the answer is very simple. my rich dad was my best friend’s father. his father died when he was 13. so rich dad had this family business at 13 to run. so he had to drop out of school which was his blessing. those blessings and you know sometimes the blessing doesn’t look like a blessing but it turned out to be a blessing. and then his teachers became his bookkeeper, his accountant, his attorney, his bankers, his real estate agents. so he has what i call real teachers, not these fake teachers in school. you see most teachers in school they’re out of ethics, they teach subjects they don’t they themselves don’t practice. i asked the teacher, i said, you know i’m in my third year of calculus now, it was called it was called strength of materials. i said, am i ever going to use this stuff? he goes, no. I said, why do you teach it? He said, as i get paid. I asked, so do you ever use it? he goes, no. and that’s why, i you have to in life one of the things i suggest to people you got to find a real teacher versus a fake teacher. and a fake teacher somebody doesn’t do what they teach. and a real teacher is doing what they teach every day. so my accountants, my attorneys, they’re in it every single day. that’s how i learn because every day i’m solving problems in my business. so i have i have accountants and attorneys and bankers and all these people on speed dial because i’m i’m solving problems with my team. Interviewer: i see you giving this knowledge out and yeah do the rich people cringe and say don’t tell them that Robert: yes yes yes. don’t tell people what you know. keep them poor. but you know unfortunately the poor, as was in the bible, i’m not really religious, the poor will always be amongst us, because it starts up here. it’s that fear mentality. it’s in their words. and the words become flesh. but when they say i can’t afford it or i can’t do that, they go down. they become what they say. my phd daddy says, what do you think i am? made of money? i can’t afford that. and my rich dad would say, that’s why he’s poor. poor people say, i can’t afford it, i can’t do that, i don’t have time. because this is escape. it’s an escape. it’s easy to say i can’t afford. and your rich dad used to say what instead of i can’t afford it? how can i afford it? how can i do that? what would it take or why should i do that? he says, a question opens a mind, a statement closes the mind. see when you say i can’t afford it, your mind shuts down and you become what you say. rugby is a team sport. but so is soccer. the roles are different. and other people are golfers they play by themselves. and so everybody’s different. so my game financially is business number one second is real estate. so what i say to young people is you find your game.