Executive Coach Summary: Rich Dad, Poor Dad Summary
Source: WIKI Summaries
In Rich Dad, Poor Dad the author presents six major lessons which he discusses throughout the book:
- The rich don’t work for money
- The importance of financial literacy
- Minding Your own business
- Taxes and corporations
- The rich invent money
- The need to work to learn and not to work for money
Rich Dad, Poor Dad revolves around three main characters: poor dad, rich dad (Kiyosaki’s second father) and the son (the author himself as narrator of the book). The essence of each character is:
Poor dad – educated but lacking the street smarts
Rich dad – very little education (eighth grade), tons of street smarts
Kiyosaki – the spectator who learns lessons from both but internalizes only rich dad’s traits
Read more about Rich Dad, Poor Dad at WIKI Summaries.
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