1. The poor and the middle class
work for money , the rich have
money work for them
2. RICH DAD
POOR DAD
Amit Kumar
Ankit Chauhan
Gaurav Kumar Singh
Sabyasachi Sethi
3. Details
RICH DAD , POOR DAD
Author : Robert T. Kiyosaki
Best Seller
Publisher : Plata Publishing , LLC
Printed in USA
First Edition : 1997
Category : Economics
4. Author : Robert T. Kiyosaki
Robert Toru Kiyosaki (born April
8, 1947) is an Japanese
American investor, businessman,
self-help author, motivational
speaker, financial literacy
activist, and occasional financial
commentator
5. “Having two dads offered me the choice of
contrasting points of view :
one of a rich man and one of a poor man”
by- Robert Kiyosaki
6. Salient Features
• Financial Literacy
• Concepts are explained using the numbers ,
pictures and metaphors
• Mantra to become rich
• Informative + Inspiring
• Down-to-earth
7. CONTRAST
POOR DAD RICH DAD
• Get job in good company • Create or buy a company
• “ The love of money is the • “ The lack of money is the
root of all evil.” root of all evil.”
• I can’t afford it • How can I afford it ?
• Play safe • Learn to manage risks
• Works for money • Money works for him
“There is difference between being poor and being
broke . Broke is temporary , poor is eternal. “
8. Why Teach Financial Literacy?
It is not important how much money you make ,
it is how much money you keep.
Understand the difference between assets and
liability.
10. Financial struggle is often the result of people
working all their life for someone else.
Owner or shareholders of the company.
Government
Banks
11. History Of Taxes & Power Of
Corporation
Robin Hood : Collect it from the rich and give it
to poor.
Learn to minimize the taxes.
12. The Rich Invent Money
• Make Good Use of Time
• Identify an opportunity Everyone else missed
Two Types of investors:
1.Buyers of packaged Investments
2.The PROFESSIONAL Investor
13. Work to Learn, Don’t Work for
Money
• Learn skills like PR, Marketing and advertising.
• Take a second job if it means learning more.
14. Three main managements skills
1. Management of Cash Flow
2. Management of Systems
3. Management of People
16. 10 steps to awaken your financial
genius:
The power of spirit. The power of choice.
Greatness is not a
function of
circumstance.
Greatness , it
turns out , is
largely a matter of
conscious choice
- JIM COLLINS
17. • The power of association.
• “A man only learns in two ways, one by
reading, and the other by association with
smarter people.”
-by Will Rogers.
• The power of learning quickly.
• “He is most original who adapts from the most
sources.”
-by John Adair.
18. • The power of self-discipline. The power of good advice.
19. • The power of getting something for nothing.
• The power of focus.
• The power of myth.
• The power of giving.
20. • Think and take action.
• Stop doing what you are doing.
• Action beats inaction.
21. Why you should read ?
• Broaden your vision
• Redefine your views about money
• How to start and run a company
• In short , if you really have dreams to touch
the sky , this book is highly recommended
22. Criticism
• Brutal use of language for lower and middle
section of society
• Rejected the importance of degrees and
qualification
• Does not comply with the concept of Taxation
