Robert Kiyosaki Biography

Robert Toru Kiyosaki (born April 8, 1947) is an investor, businessman, self-help author and motivational speaker. Kiyosaki is best known for his Rich Dad, Poor Dad series of motivational books and other material. He has written 18 books which combined have sold over 26 million copies

A fourth-generation Japanese American, Kiyosaki was born in India and raised in Hawaii. He is the son of the late educator Ralph H. Kiyosaki (1919-1991). After graduating from High School, he attended the U.S. Merchant Marine and later served in the Marine. Kiyosaki left the Marine Corps in 1974 and got a job selling copy machines for the Xerox Corporation.

In 1977, Kiyosaki started a company that brought to market the first nylon and Velcro "surfer" wallets. The company was moderately successful at first but eventually went bankrupt. He admits that he didn’t know enough about patents and trademarks, and as a result the business eventually closed, however his first venture into business wetted his entrepreneurial appetite.

The next business was almost similar in nature which involved rock and heavy metal t-shirt merchandise. Robert Kiyosaki experienced financial success in the mid nineteen eighties with his second business but with a change of trends, his heavy metal t-shirt licensing business went “belly up” in 1985. This left him broke, bankrupt and definitely in a bad place as it even left him homeless.

Although, something else was happening at the time to cause such a downfall as leaving Robert Kiyosaki homeless, something more than just his business going bankrupt. While his heavy metal t-shirt business was doing well, Robert Kiyosaki was also investing in different real estate projects, as well as playing the stock market. It is estimated that he owed approximately $850 000 to the banks. As Robert Kiyosaki once said, “Obviously, you can’t pay that kind of money back by getting a job”. That proved to be rock bottom for Robert Kiyosaki because he would never sink so low again. In fact he would crawl out of the dimly lit pit of bankruptcy with enough knowledge and experience to make sure that he would not be found down in another one.

Robert Kiyosaki began working as a motivational speaker for a personal growth seminar called Money and You which started by Marshall Thurber. In the year 1985, Robert took over the seminar business; teaching students at their three day seminars all around the world. In the beginning it was predominantly in Canada and the United States of America, but then the business became very popular in Australia and New Zealand. The success this time around was substantial, so much in fact that in 1994 Robert Kiyosaki decided to retire at the age of 47.

During his retirement, Robert Kiyosaki continued his business endeavors by investing in real estate and playing the stock market. Now Robert Kiyosaki had much more time on his hands and he began to write during his time off. This is when Robert Kiyosaki began exploring his ideas and concepts, synthesizing his knowledge and life experiences and began working on the writing of Rich Dad, Poor Dad. That book would later go on to sell more than ten million books and become a bestseller.

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