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Rich Dad Poor Dad

Work To Learn, Don’t Work For Money

The concept of not working for money is hard for many to grasp because money is such an important part of one’s life that if not working for money, the question arises “What are you working for?”


According to Kiyosaki a good question for oneself is “Where is this daily activity taking you?” 


In other words, it means what is your vision and are you in line with your vision?


To illustrate the importance of  a broad skill set rather than a single great skill, the author explains with McDonald’s as an example. He says that anyone can make a better burger than McDonald’s but the way McDonald’s makes huge amounts of money from average burgers is because they know good business. Not many people know about the business systems outside of the line they work in. The solution to this problem can be summed up in this quote by Robert Kiyosaki:


“I recommend to young people to seek work for what they will learn, more than what they will earn. Look down the road at what skills they want to acquire before choosing a specific profession and before getting trapped in the Rat Race”.


The education system rewards people for knowing a lot about a few things. As the person progresses and earns more degrees they feel that they have a lot of earning potential and sometimes they do but there is risk if the education and degrees obtained are only for a particular industry, forcing employees to be dependent upon their employers.


According to Kiyosaki’s rich dad, one needs to know a little about a lot. We need just a sufficient number of things about a particular part of the business . It’s not feasible to have extensive knowledge about every aspect of it.


Many different skills are required to successfully run a business, like leadership, time-management, etc. but the most important skill according to Kiyosaki is marketing and sales. 


The ability to communicate to your customer in simple language to let them know about your product or service is how a business survives and earns money. Communication skills like writing, speaking and negotiating are the success mantra.

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Units 8/11