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Old 01-15-2007, 08:28 PM   #13 (permalink)
The Probabilist
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Quote:
Originally Posted by Steve View Post
The difference between Reed and Kiyosaki is that Reed offers full disclosure in his business dealings. He tells you what he's done, how he did it and how much he's worth.

Contrast that with Kiyosaki who tries to portray himself as a real estate guru when in reality he's gotten wealthy by selling his books. And I’m not even saying there’s anything wrong with that. Knowledge is a very important and valuable commodity. There’s nothing wrong with selling it to make money, but he tries to hide from the fact that’s how he made his money.
Rich = Financially independent in my book. Are you saying he wasn't rich before he launched cashflow technologies inc? I haven't seen him hiding from anything. What he's telling is that he loves real estate above all other investments and he inclusively explains why. What you're saying is that if I earn the bulk of my income as a plumber, then I'm not allowed to educate anyone in anything else.

He does explain in his books that he's not a best-writing author, but a best-selling author. The message is positive and deserves the revenue it creates, money for value.

Real estate did make him rich, so he wrote a book about it and people loved it. Are you saying that he's morally supposed to hit the brakes now on his earning potential in other businesses? You make it sound like multiple streams of income is to be frowned upon.
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