Who Wants to Be a Millionaire by BBC (Full Documentary)

Who Wants to Be a Millionaire by BBC (Full Documentary)

Meet Robert Kiyosaki and other world-class speakers
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My name is Evan Carmichael and I believe that the fastest and most effective way to build a business is to model the strategies of people who have already done what you’re trying to do. I call it Modeling the Masters.

Today we’re going to look at how a Vietnam veteran failed with two separate businesses but was determined to become a successful entrepreneur and not have to work for someone else. He would eventually become one of the most successful business writers of all time. This is the story of Rich Dad Poor Dad creator Robert Kiyosaki and the top 3 lessons that you can learn from his success.

“The size of your success is measured by the strength of your desire; the size of your dream; and how you handle disappointment along the way.” – Robert Kiyosaki

Robert Kiyosaki (born April 8, 1947) is an American investor, businessman, self-help author, motivational speaker, and financial literacy activist best known for his “Rich Dad Poor Dad” book series. After serving in the Marine Corps as a helicopter gunship pilot during the Vietnam War, Kiyosaki returned home to work as a salesman for Xerox. Not wanting to work for someone else for the rest of his life, Kiyosaki had dreams of starting his own business.

After unsuccessful stints selling Velcro wallets and T-shirts for heavy metal rock bands, Kiyosaki began promoting the personal growth seminars of Marshall Thurber called “Money & You.” When Thurber decided to retire, Kiyosaki took over the business and began traveling the world to educate people about financial strategies. To reach more people he decided to write his first book which he self-published, “Rich Dad Poor Dad.”

Robert Kiyosaki has written over 15 books and has sold over 26 million copies. 3 of his books have been on the best sellers lists of The Wall Street Journal, USA Today, and the New York Times simultaneously and he’s a sought after speaker who continues to educate people on how to understand their money.

Action Item #1: Make Your Money Work Hard
Action Item #2: Mind Your Own Business
Action Item #3: Work to Learn, Not for Money

True Story

There was once a friend of Kiyosaki’s whose 16 year old son desperately wanted a new car. His friends had all been given one by their parents, and now this son expected nothing less. But, it was not going to be that easy for the boy. His father had played Kiyosaki’s CASHFLOW board game and he wanted to teach his son a lesson in financial management. The father gave his son ,000 but forbade him from using it to buy a car just yet. At the same time, he gave his son a subscription to the Wall Street Journal. The father told his son that only once he had earned an additional ,000 from investments could he then use ,000 to buy a car. The rest of the money would of course go into his college fund. “My friend said it was the best ,000 he ever spent,” says Kiyosaki. “Not only had his son gained a new respect for the power of money, he also learned to spend money wisely instead of letting money burn holes in his pockets.”

More Quotes

“Don’t work for money; make it work for you.”

“Remember, your mind is your greatest asset, so be careful what you put into it.”

” If you want to go somewhere, it is best to find someone who has already been there.”

What Do You Think?

Did you bootstrap your business? Do you understand the numbers that run your company? What part of Robert Kiyosaki’s message impacted you the most? As always, I’d love to hear your thoughts if you leave a comment below!

Evan Carmichael

To learn more check out my list of Robert Kiyosaki articles at http://www.evancarmichael.com/Famous-Entrepreneurs/1081/summary.php or my website, http://www.EvanCarmichael.com.

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36 Responses to Who Wants to Be a Millionaire by BBC (Full Documentary)

  1. franz castro says:

    yess

  2. Michael Leung says:

    People who buy properties and rent them out are parasites of the earth.

  3. Aaron Petty says:

    Seminars are great but when you're first starting out just go with books.

  4. Boris Azihuwa says:

    It´s called AtrrACTION
    Seems like people forgot the action part, which is working hard towards the goal.

  5. jonniemango says:

    millionaire before 23

    im here

  6. Joe Smith says:

    Well I dont know because nobody says how they make it in the property business.. So you buiy one property with a mortgage then rent the property. You still have to pay the mortgage payments. Then you take another mortgage and buy another property get in more debt so you sell house number 1. No I m lost

  7. Sentinel Report says:

    I haven't finished watching it all yet and no offence intended to the seminar organisers… but if you know how to get unlimited income why would you end up holding seminars for others ? What was that ? She paid £600 for a seminar and then £900 then £300 then a course £2000 ! Hmmm ? Well at least she made £2000 so far…

  8. wallersworld1 says:

    Go to 29.36 . I almost soiled myself :)

  9. wallersworld1 says:

    I thank the lord that Janice has no contact with any of my grand kids.What a complete widget

  10. wallersworld1 says:

    I thank the lord that Janice has no contact with any of my grand kids.What a complete widget

  11. courteney le blanc says:

    I don't get how the 2 kids are saying that buying a property in 8 months is not about the money but about the mindset……makes no sense honestly..u need the money to buy property..period

  12. Huskyi7Qc says:

    I would go to one of these snake oil seminars, but I am too busy writing the app that will make me rich.

  13. james villegas says:

    I wan to see a update on the two teens featured in this video

  14. Thomas Tavara says:

    He released a soft, silent fart at 12:20. Just 1 sec later is the exact moment he realized he crapped his pants.

  15. Ranfei Wang says:

    Why do people go to these seminars? There are really two ways to be very rich: One, do well in school, go to a top university, work hard, and become a corporate executive. Two, if you are creative, become an entrepreneur and build an empire. Really. There's nothing else to it. And also why do you want to be so rich? Earning, say, above $200,000 a year is very comfortable.

  16. Massiel Rodriguez says:

    49:59 freak

  17. Nick Moolchan says:

    "Can anyone be a millionaire ?"
    "Yes.. if they want it" I WANT IT !!!

  18. 123456789ten says:

    the self belief is crucial part in achieving anything, but nearly useless is you don't have a a rough plan of what and how will make you rich

  19. VORTEX1756 says:

    Awesome! I read Rich Dad Poor Dad couple of months ago and I can tell that this is one of the most comprehensive and entertaining summaries I've seen yet

  20. vinay aero says:

    hi evan,
                    awesome videos
                               and 
                             inspiring..
    keep on uploading and educate the people……

  21. TruthOverEverything says:

    Don't spend money until you're making it, bootstrapping (minimalism) should be your mantra

    People go to school to learn how to work hard for money, Kiyosaki believes you should have the money work hard for you (smart investments/minimalism)

    Work to learn, acquiring the skills you need to move past the current job as oppose to just working for money

  22. thecuber0 says:

    I just wanted to thank you for putting in time and sharing this knowledge. I'm 15 years old and I hope I can use some of these tips to good use.

  23. Wg Cdr HR Muthukumarana says:

    Very good presentation

  24. James Bailey says:

    I " Believe " that was some great information. Someday…I'm just sayin'

  25. Alexander Kent says:

    Thanks for the great video Evan.  I love Robert Kiyosaki.

  26. Sam Sam says:

    Evan Carmichael, thanks for the video. i have been studying all the video. thanks you so much for doing this.

  27. Evan Carmichael says:

    Thanks Karona!

  28. karona senghuor says:

    Great success story. Love it 🙂

  29. Greg Jones says:

    YouTube is so slow

  30. Evan Carmichael says:

    Glad you enjoyed Khalid!

  31. King Kasker says:

    Great presentation, thank you

  32. Evan Carmichael says:

    @Garrieism Great to hear – thanks for commenting!

  33. Evan Carmichael says:

    @hoseofgenies Thanks – glad you liked it!

  34. Garrie Oghidi Sr says:

    Very instructive….thanks for sharing