The #1 Skill That Makes People RICH | Robert Kiyosaki

About this video

• Video Title: The #1 Skill That Makes People RICH | Robert Kiyosaki
• Channel: The Iced Coffee Hour Clips
• Speakers: Robert Kiyosaki
• Duration: 10:26

Overview

In this video, Robert Kiyosaki discusses the essential skill for achieving wealth, emphasizing the importance of sales and the ability to handle rejection. He shares personal anecdotes, including his experiences with network marketing, Mormon missionaries, and his time studying with Buckminster Fuller, to illustrate how developing resilience and learning from feedback are crucial for personal and financial growth. Kiyosaki also touches upon the significance of financial education and living by one's purpose.

Key takeaways

• The Power of Sales: Kiyosaki identifies learning to sell as the #1 skill that makes people rich.
• Handling Rejection: Network marketing and missionary work are highlighted as valuable training grounds for learning to handle rejection, a critical trait for entrepreneurs.
• Choosing Mentors Wisely: Kiyosaki emphasizes the importance of selecting and learning from impactful teachers, citing his experience with Buckminster Fuller and the lesson, "What does God want done?"
• Financial Education: He points out the lack of financial education in schools and the necessity of seeking it elsewhere, like through his Cashflow board game and books.
• Purpose over Riches: Kiyosaki shares how Buckminster Fuller challenged his initial pursuit of wealth, shifting his focus to what "God wants done," which led to the creation of his financial education tools.
• Continuous Learning and Growth: The video underscores the need for personal development, adaptability, and an open mind to feedback for success.