Hi everyone. I guess people coming to this forum are all hoping to create a successful business like Bill Gates (Microsoft) or founder of Wal*Mark Sam Walton and I am one of the dreamer too.

I am starting an online magazine recently and hoping it would be doing well in the near future. But before you are thinking to start a business, i would like to recommend one book to you that i think it may change your view towards starting a business - that is "Rich Dad, Poor Dad".

Recently i have re-read "Rich Dad and Poor Dad" for the 2nd time and still inspired by many of its wonderful ideas about the subject of money.

Many of you may have heard of "Rich Dad and Poor Dad" or may even have already read it. Since it is such an international best seller. For over 4 months, it is the No.1 on the "New York Times" best seller list. Only three books on history could ever reached that kind of selling record.

This book doesn't teach you about how to make money fast, doesn't take you through the necessary steps to market your business or find a wonderful advertising agency (otherwise, you can read other "how-to" books, there are tons of these books on the market). But it teaches you one thing, that probably is the most important thing for everyone who want to become rich, become a successful business owner, and that is:

"Your attitude towards money, the Money Concept"

What is money? That's seem to be a stupid question to most of us, but that's the greatest delusion ever share by most of the people on this planet. If you say money are those colourful, fancy papers at your pocket or that's what you are working your axx off every Monday to Friday, from 9:00am to 9:00pm in exchange for, then probably you may find a totally different world after reading "Rich Dad, Poor Dad" and wonder why don't you see it earlier.

Money is a concept, a tool, a formula, or even sometimes just numbers and simple mathematical calculation to get you to the place where you want to be whether it is about your life, your carrier or even as a person. If you think money is hard to get, "it takes money to make money" (quote), or to be successful you have to climb up a corporate ladder, then this book will tell you why they are not true. Most importantly, they are all "delusions" which our society and schools always teach us since we were a child.

The author, Robert T. Kiyosaki is a Japanese-American who had been taught about the concept of money by the his Poor Dad (his real dad) and Rich Dad (his dear friend's - Mike's dad who is a very success business man) throughout his childhood and early adulthood. He therefore knew about how the "Rich" and the "Poor" different from the very core just by their way of looking at "money". The poor saw the world with not enough money while the rich saw the world with tooooooooo much money just that they don't have enough time to get it all (properly from you and me!). The poor think about going to college, get outstanding grade get a good job, the rich think that is the stupidest thing that they have ever seen and resist to get trap into this seemingly successful "Rat Race"!

For anyone who wants to be rich or wants to start a successful business, "Rich Dad, Poor Dad" is a "must" to read. If you think it is just another "self-helf" or "inspiration" book without practical solution, then you miss the one thing that is the most important thing to help you to get across the barrier between the rich and the poor and that is the "Concept about Money".

For those of you would like to give this book a shot,
just go to any near bookstore, you must find one there.
Actually, I don't think you can't get one in any bookstores at any countries.

I read this book and a few more from his series as well. They are somewhat inspiriational however i do not agree with the "rat race" idea and that going to school and getting an education is a waste of time. The idea that everyone can read this book and takes its advice and become rich is absurd. I recently watched a info commerical with the author teaching its viewers how to read simple financial statemanets such as a balance sheet and an income statement. I learned how to read those statements int he first month in business school. Additionally if everyone started to open their own businesses and become rich then who would work for these businesses. He talks about the rat race as people jsut barely scraping by and having a rough time paying bills. Give me a break, just becuase you went to school and have a "regular" job doesnt mean your caught in an undesirable rat race. Not everyone needs to be a millioinaire to be happy? Or do they? It seems to me that everyone is caught up in being so very wealthy. Money can't buy happiness but everyone seems to be poor and unhappy. Rich Dad? Poor Dad? I only know mine as "Dad". I do not have any lack of motivation but to put down people who go to schoola nd become educated? I go to business school because I am interested in business. Not because I want to become a billionaire and swim in money.

Thats my 2 Canadian Dollars worth

Thank you for sharing your point of view about "Rich Dad, Poor Dad".

And frankly speaking, I sincerely agree with some of the points that you point out in the reply, "money can't buy happiness", and not "everyone need to be a billionnaire to be happy". This is also what I think. Happiness is too broad an idea to be evaluated and justified by merely "how much money you can make". And it is real sad if our definition of happiness as human being is that absolute and narrow.

I do acknowledge you may somehow get the idea from - "Rich Dad, Poor Dad" that the author may appear to minimize the value of school education. Since Robert T. always mentioned about how our school education system mode us into a working machine and get trapped into the seemingly successful pathway of "Rat Race". But he also talked about how important it is of being "financial literated" and "financial educated" throughout his book. He think this is probably the most important education that you should get involved in in your life. He do suggest go to college, get great education, but "mind your own business".

From my point of view, I think he basically point out the "good" and the "bad" from the school system. Go to college get a good job of course is fine and may not be described as desperate as his poor dad. And not everyone need to become a millionnaire or billionnaire to be happy. But I think he just pointed out the significant difference between being an employer and an employee. As an employee, you climb a corporate ladder which may not be a bad idea but do need comparatively considerable among of time in order to be on the top position of a company. May be a life time and still not successful.

Of course, being a business owner also has no guarantee. But some how being an employer is basically different from being a employee who has to be very professional at one particular field but the previous require to know a little about a lot. Most importantly, employees are employed for one reason, "they are employed to perform task perfectly". I won't hire a staff to try to find out how to perform certain task e.g. designing a website. I hire him/her because he/she already knew how to design a website and can do it perfectly. But as an employer, I can try to make my own business decision through "trial and error" (properly that's necessary for any kind of business to success and grow) and leave out all the difficult task to my professionally trained employees. Again, an employee and an employer are basically different at their role and function to a company and either one is better than one another. You may say that it is different from the eye of the beholder.

I do read several other books of the series of "Rich Dad, Poor Dad" and I agree with the saying that neither sector (E,S,B,I) is better than one another, they are just different in nature and people can be great in either one of the four.

I have indeed thought about the idea that you have mentioned - "if everyone start their own business, who's gonna to work for them?" and my answer to this question is: "it is not possible for everyone to start their own business in the real world becoz there are always people who think - 'climbing a corporate ladder is not that bad and they don't need to be a millionnaire to be happy'. And this is what the majority are thinking in the real world. I have all the respect for the view becoz it is really not a bad idea, some of the actors and celebrities do make big money, billions of money, and nor is this an unwise decision. Forbes has previously announced the "50" most valuable celebrities in the US according to their annual income and their earnings amazed me as how much they worth.

But I would kill myself for not knowing how capacible I can be of being a business owner myself and I would love to give a shot. I would like to be on the other side of the table and I hope people would wholeheartedly working for my company. I have respect for loyal and competent employees as it is really hard to find in this business world nowadays.

Reading "Rich Dad, Poor Dad" is inspirational to me rather than providing a practical solution to start a real business. But it gives me a view of how my life could be if I chose between being an Employee, Self-Employ, a Business Own or an Investor. Overall, it is a good series of books and the value of Robert T. business sense has already been reflected by the bright selling record of his book - "Rich Dad, Poor Dad".

I would like to hear more opinions from other viewers whether you have seen this book before or not.

Thank you once again for logan valuable ideas,
and good luck to everybody!