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Follow in the footsteps of the rich, not the poor. This is a top 5 takeaway summary of Rich Dad Poor Dad by Robert Kiyosaki – a man who grew up learning the importance of this first-hand.

The best books for escaping your 9-5, by Robert Kiyosaki: http://bit.ly/31lGZNF

Top 5 Takeaways from Rich Dad Poor Dad:

0:17 1. Rich People Buy Assets, Poor People Buy Liabilities That They Think Are Assets
2:01 2. The Power of Corporations
4:19 3. Stop Focus on Your Income - Focus on Your Assets
5:20 4. Don't Diversify with Too Little Money
6:48 5. Educate in Personal Finance

TL/DW:
- Takeaway number 1 is that you must buy assets to start generating passive income every month.
- Takeaway number 2 is that a corporation is a useful vehicle to protect yourself from lawsuits and be able to pay yourself first, not the government.
- Number 3 is to start taking responsibility of your investment decisions. They are even more important than your salary.
- Advice number 4 is that you must invest in a focused manner to grow a large fortune.
- Finally, number 5 is the advice to start educating yourself in personal finance – focusing on accounting, investing and understanding the markets.

My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there – investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties – I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett - the greatest investor of our time - says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process – upgrading your money-making toolbox.