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Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

Solving Internet Safety with this Tool: Cyberdive's Mission

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Company

Entrepreneurship, Business, Investing

4.13.9K Ratings

🗓️ 15 May 2024

⏱️ 32 minutes

🧾️ Download transcript

Summary

In this episode of the Rich Dad Radio Show, Robert Kiyosaki discusses the digital dangers facing children today, from exposure to harmful content to online predators. Guest Jeff Gottfurcht, founder of CyberDive, talks about his company's mission to combat these issues by providing a smartphone that allows parents to monitor their child's social media activity across thousands of applications. Gottfurcht shares the genesis of CyberDive, highlighting a personal experience that motivated him to create a solution for enhancing child safety online. The company aims to foster better communication between parents and children, emphasizing involvement over limitation. Gottfurcht also outlines the technical aspects of the CyberDive smartphone, its cost-effective accessibility for parents, and the potential for educational content.

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See important disclosures at masterworks.com/cd

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Please read carefully.

This is not financial advice.

You may be asking, “what does that mean?”

Let me explain…

Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.

YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose.

We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees.

Also understand that we are REAL teachers. We practice what we preach. With that in mind we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations.

Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.

Transcript

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0:00.0

This is the Rich Dad Radio Show, the good news and bad news about money.

0:07.0

Here's Robert Kiosaki.

0:09.0

Hello, Robert Kiosaki, The Rich Dad Radio Show.

0:11.5

We're broadcasting from beautiful Phoenix, Arizona.

0:15.8

My office is in Scott's cell my homes in Phoenix where it's either heaven or hell and

0:20.4

right now it's heaven.

0:21.7

This is the perfect time of year.

0:23.2

Everything's weather is perfect and all this, but soon it turns into hell.

0:28.2

We have a very special guest today. It's as you may know for those who follow us, we really promote the importance of being

0:37.3

an entrepreneur.

0:39.1

But more than being an entrepreneur, what we all, we talk about is what's the mission of the entrepreneur.

0:44.4

In other words there's a lot of people who are on YouTube and their Tik-Tok

0:48.9

dancers and all this other stuff and they make a lot of money but I often wonder what's the purpose is it just to make

0:56.2

money so our guest today is Jeff Gott first and for a full disclosure I am an investor in his company but I invested him because of his mission.

1:08.6

You know there's a lot of I get pitched a lot of deals and all this and by the way

1:16.7

Jeff behind me is a cash full board game and then for those who are filming with the game in the middle of the thing is the rat race and when you go to school schools want you to join the rat race and you don't ever get out of there.

1:28.0

But the way you get onto the fast track out there is where I invest. So I don't have a 401k, I don't have stocks or bonds and mutual funds.

1:37.3

I have a lot of stocks, but they're my companies. They're privately held companies listed on New York Stock Exchange or Toronto Stock Exchange.

1:47.0

So we're a fast track and Jeff is a fast track investor.

1:51.0

But most people leave school and they're trapped in the rat race and they can't get out because they don't have the financial education.

1:58.0

So once again, there's a lot of people out there making money being Tik-Toc dancers or I don't know what else they're doing

2:04.6

on the web these days but some of it's not that good and so when I came across Jeff's

...

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