Robert Kiyosaki | Kiyosaki Explains the Difference Between An Asset and A Liability + "I'm Not Against Homes. I Own Thousands of Homes. But, They All Put Money In the Pocket. If It Is Putting Money In Your Pocket Is An Asset."
Thrivetime Show | Business School without the BS
Clay Clark
4.7 • 1.5K Ratings
🗓️ 12 March 2025
⏱️ 32 minutes
🧾️ Download transcript
Summary
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Transcript
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| 0:00.0 | All right, we're going to do a Q&A, so I'm going to give you this mic, Robert, this is the hot mic. I'll switch your mics here. Welcome, sir. Thank you. This is the most interesting place I've ever been to. Craig is mic up nice and hot. Most interesting, seriously, ever? |
| 0:19.7 | It's you. I I mean it's fantastic now |
| 0:27.2 | Robert I want to I want to pull something up real quick here Sean if you go to us |
| 0:30.8 | debt clock dot org US debt clock dot org this is a real-time tracker of the US debt |
| 0:36.7 | debt there's other stats they are kind of fascinating here. |
| 0:38.3 | By the way, this is a great way to stir up a great conversation during Thanksgiving. |
| 0:42.3 | Just turn your screen, your home screen, your TV screen to U.S. Debt Clock.org |
| 0:46.3 | and just let it sit there during Christmas. |
| 0:48.3 | But you'll see the U.S. debt sits at $36 trillion. |
| 0:51.3 | We add a trillion dollars every 90 days-ish right now. And you'll see the |
| 0:55.3 | number of self-employed people has not dropped to 9.2 million people. So let's just do the math. |
| 1:01.8 | There's 330 million Americans, okay? So if 10% of Americans were self-employed, that'd be 34 million. |
| 1:09.0 | Are we on the same page? So it's not 10%. |
| 1:11.9 | If it was 3%, you start to do the math, |
| 1:14.8 | I mean, it's a very small percentage of people |
| 1:16.8 | that ever even attempt to be self-employed. |
| 1:18.9 | So I'm reading your book, I'm working in a call center. |
| 1:21.0 | Gareth, this is Gareth, he was my wingmate. |
| 1:23.1 | Our cubicles were next to each other. And so I'm on the phone dialing and smiling, trying to sell these commercials to pastures so I could go move on. |
| 1:30.3 | And I was excited about this job because my previous jobs |
| 1:33.3 | were Applebee's Target and Direct TV. |
| 1:34.3 | And I had your book in my mind, I'm going, |
... |
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