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Review of Rich Dad, Poor Dad

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Review of Rich Dad, Poor Dad
2013
Rich Dad Poor Dad
Book Review

Table of Contents Sr. No 1 2 3 4 5 6 7 Topic Introduction and Summary of the Book Statement of Objectives of the Study Method of Study Summary of the book and Critical Analysis Theoretical Frameworks Relating theories to practical behaviour Learning and Conclusion Page No. 3 3 3 4 6 9 10

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1. Introduction and Summary of the Book
Robert Toru Kiyosaki (born April 8, 1947) is an American investor, businessman, selfhelp author, motivational speaker, financial literacy activist, and financial commentator. Kiyosaki is well known for his Rich Dad Poor Dad series of motivational books and other material published under the Rich Dad brand. He has written over 15 books which have combined sales of over 26 million copies The book is the story of a person who has two fathers: the first was his biological father – the poor dad - and the other was the father of his childhood best friend, Mike – the rich dad. Both fathers taught the author how to achieve success but with very disparate approaches. It became evident to the author which father's approach made more financial sense. Throughout the book, the author compares both fathers – their principles, ideas, financial practices, and degree of dynamism and how his real father, the poor and struggling but highly educated man, paled against his rich dad in terms of asset building and business acumen. 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

2. Statement of Objectives of the Study
 

To understand and analyze the varied pattern of human behaviour To develop the ability to draw inferences with respect to work behaviour and relate it to the concepts being studied in the course „Individual Dynamics and Leadership‟ in the present Trimester

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