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: 10:19

Overview

In this clip, 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 time studying with R. Buckminster Fuller and the inspiration behind his "Cashflow" board game and "Rich Dad Poor Dad" book, all centered around his philosophy of financial education and purposeful living.

Key takeaways

• The Power of Sales and Rejection: Kiyosaki identifies learning to sell as the most crucial skill for becoming rich. He highlights that the ability to handle rejection, often learned through experiences like network marketing or missionary work, is fundamental for entrepreneurship.
• Choosing Mentors Wisely: He emphasizes the importance of learning from the right teachers, citing his experience studying with R. Buckminster Fuller as a pivotal moment that shifted his perspective from personal wealth accumulation to pursuing a higher purpose.
• Financial Education Gap: Kiyosaki points out the lack of financial education in traditional schooling and sees his "Cashflow" board game and "Rich Dad Poor Dad" book as contributions to filling this educational void.
• Purpose-Driven Wealth: His encounter with Fuller led him to question his motivations, shifting his focus from simply getting rich to discovering "what God wants done," which ultimately guided him to create educational tools for financial literacy.
• Continuous Learning and Adaptation: The video touches upon the necessity of personal development, managing one's temper, seeking feedback, and being open to changing one's mind, especially when learning from mentors or encountering new experiences.