Why Most People Misunderstood The Rich Dad Poor Dad Message

Dan Lok Show

Dan Lok

Careers, Management, Entrepreneurship, Business

4.8 • 826 Ratings

🗓️ 2 March 2019

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you want to make six or seven figures a year, what would you rather have: assets or income?

Now, before you answer that question, you need to understand what assets are. Robert Kiyosaki explains assets in his book, Rich Dad, Poor Dad. However, many people have misunderstood his message.

Let’s take a closer look at assets and income one step at a time. If your income is low six figures, then you could have 100% of that coming from income. But if you’re making above six figures, then part of it must come from leverage, not just work. So what is leverage?

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Transcript

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0:00.0	Hi, this is Dan Lockett.
0:07.0	Welcome.
0:09.0	Dan has been educating and inspiring individuals, entrepreneurs and leaders for decades.
0:18.0	He's helped millions of people to move past the mental barriers that were holding them
0:24.2	back from stepping into their power to become a better version of themselves and live a kick-ass
0:31.2	life.
0:32.5	I know this firsthand as I'm Jenny, Dan's wife.
0:43.9	And here's your host, Dan Locke. Which should you focus on more,
0:50.8	acquiring assets or generating income. Today, Dan shares what most people misunderstood about the rich dad, poor dad message and what rich people buy that allow them to build their
0:55.5	wealth over time. Now, here's your host, Dan Locke. If you want a whole new way to increase your
1:02.7	value to the world while earning a lot more money in life, go to www.unlocketbook.com, and that is www.un-O-C-K-I-T-B-O-O-K.com and get a copy of my new book.
1:21.6	Within Unlocket, you'll discover a set of unique strategies to building personal wealth in ways you have never imagined.
1:30.0	Again, go to www.unlockitbook.com.
1:36.4	Want to unlock your wealth and unlock your power?
1:40.5	If so, go get your copy of my two best-selling books.
1:45.0	Book number one is called F-U-Money.
1:48.0	Make as much money as you damn well want
1:50.0	and live your life as you damn well please.
1:54.0	Get a free copy at www.fumoney.com.
1:59.0	Book number two is called Unlock It. The master key to wealth, success, and significance.
2:06.6	Get your free copy today at Unlockedbook.com.
2:18.3	Millionaire mindset, wealth principle number seven, think assets, not income, I gotta go a little bit faster.
	...

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