This One Skill Can Make You Rich – Fast! - Robert Kiyosaki

In this episode, host Robert Kiyosaki and guest Patrick Bet-David share transformative insights on achieving financial success and personal freedom. This episode focuses on the importance of developing crucial skills, such as the ability to sell and financial literacy, to thrive in today’s uncertain economic climate. Both Kiyosaki and Bet-David offer actionable strategies for achieving independence, growing wealth, and navigating the challenges of capitalism through the power of education and skill development.

The Power of Sales for Financial Freedom

Robert Kiyosaki emphasizes that mastering sales is not just a profession but a critical life skill. Whether you’re negotiating a business deal, selling a product, or teaching your children the art of negotiation, sales play a vital role in building personal and financial independence. As Kiyosaki puts it, "Sales equals income." This mindset is essential for creating a life free from financial dependency.

Lessons from a Rich Dad

Kiyosaki shares personal lessons from his rich dad, highlighting the importance of viewing financial failures as stepping stones rather than obstacles. His journey of learning the power of sales and understanding financial literacy illustrates how critical these skills are for anyone looking to succeed in a capitalist economy.

Becoming Irreplaceable: A Path to Success

Guest Patrick Bet-David provides valuable insights into the journey of becoming irreplaceable in the marketplace. Whether through mastering skills like coding or excelling at sales, Bet-David explains how becoming irreplaceable increases your market value and allows you to leverage economic opportunities effectively.

Financial Independence Through Capitalism

The discussion also delves into the fundamentals of capitalism, focusing on strategic uses of debt, real estate investing, and tax minimization. Kiyosaki and Bet-David emphasize the importance of financial education and choosing the right mentors to guide you toward financial success.

00:00 Introduction
03:12 Learning to Sell: Personal Stories
10:00 Becoming Irreplaceable
16:53 Economic Uncertainty and Financial Security
21:33 Embracing Failure for Success
22:35 Sales Training and Confidence Building
23:18 The Power of Sales in Entrepreneurship
25:08 From Refugee to Entrepreneur
27:53 The Importance of Taxes and Real Estate
30:29 The True Meaning of Capitalism
39:04 Choosing the Right Teachers
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Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.

The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.

[MikeW-tl]

He once talked about the book Forbidden Laws of Wealth by Victor Hayes and can’t believe how underrated it is. The insights in this book are game-changing definitely deserves more attention!

[JefferyDuns]

I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?

[joshcal]

It annoys me when people say the American Dream is dead because they show up to their minimum wage jobs, but aren’t millionaires. Thats never been the American Dream. I grew up poor and at times homeless. I left home at 13 to take my own path. I lived so frugally at one point my only furniture was a lawn chair and moving boxes, so I could save money to invest. Now I own 7 companies, have a large house, and I’m very well off and still growing. Too many people think the American Dream is getting rich without doing more than showing up to work.

[AlbertGReene-pw]

The last time I invested in a stock that did extremely well was during covid - Moderna & Zoom stock. I am sad that I missed out on Nvidia despite having over 300k to be reinvested. Any suggestions on new sectors that could outperform as good as Nvidia?

[MichaelFerguson-ly]

Zig Ziegler often said that “selling is a transference of feeling.”

Buyer needs to sense your belief in what you’re selling

[andonibrunenpotenciación]

Thanks Robert. Your lessons are invaluable.

[craigbouwers]

Thanks once again for the financial information Robert Kiyosaki and Rich Dad Team.

[ying]

freedom is not free. our ancestors fought for it. It is up to us to fight for keeping it

[CultureChangers]

8:24 is 100% true. after my first attempt at learning sales I realized I needed to work on my confidence to be successful. Currently trying to build myself up to take a shot at it again

[wayneclaude]

Every 2 minutes there’s a video in the ads I’m trynna watch

[boodgiek]

I KNOW ROBERT IS CHASING SILVER IN SOUTH AMERICA .I TRY TO KEEP TRACK OF HIS ADVENTURES.THE GUY HAS A VERY INTERESTING LIFE .

[DeeWrightCut]

Experience is the best teacher in other words

[VainakhQuranites]

You should have Patrick's name in the title!

[Qski_Corleone]

Read rich dad poor dad very good book sir

[francfranc]

Damn, that's the 1995 Robert, cool jacket and smooth filter. Looking good RK!

[raheamfrazier]

Been a salesman my whole life. Sold phones, cars, insurance and other things. What advice or career path can you give me to put myself and family in a good position?

[BenitaRodriguez-ym]

This is very helpful and interesting though, and with the help of some of your videos and other educative channels about wealth, I can boldly say that I’m favored and blessed with $60, 000 every week on my portfolio, Now I can afford anything and also support my business

[ugoturco]

Increase your failure rate! That does make sense! Robert’s very smart! Patrick wow! Only 43 ! Fast, smart aggressive!😊

[jaronbalfour]

Your mind is the greatest country in the world

[esconeira]

Awesome thank you otherwise for great mentorship