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Popular Dual Dad Guru sounds very Unscripted to me

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Fred Chevry

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We've all known him to be the guy who got rich selling the slowlane while he got rich some other way. I've recently watched two interviews with him an can't help to notice that he now sounds a lot like someone who's had enough. Calling major B.S. on the school system, financial illiteracy, paying yourself first and surprisingly real estate. See for yourself.

How Our Monetary System Enslaves Us & Why You Shouldn't Pay Taxes (FULL INTERVIEW)
View: https://www.youtube.com/watch?v=JbSvIywfVQg
 

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arillera

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I've seen this recently too. He comes off a bit arrogant in this interview but there's some decent advice mentioned.


Sent from my iPhone using Tapatalk
 

Olimac21

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Kiyosaki is general is a good starting point in my opinion, as an "Introduction to Real Finance Management" course. I believe his strenght is in showing you the "what" instead of the "how", just to change your perception about money and your future possibilities during your lifetime.
 

SteveO

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The core group that were initially on this forum came over from Kiyosaki's "Rich Dad" forum. MJ was part of that group. The forum had a number of issues that they did not address very well. MJ started a new forum and then wrote his Fastlane book.

A group of about 15-20 used to meet annually in Scottsdale at the Rich Dad headquarters. Most of us had decent business things going on. Kiyosaki addressed us at one of those meetups and called us a bunch of losers for spending our time online. He never took the time or interest in hearing any of our stories.

@biophase , @Runum , @andviv , @snowbank were all part of that early gang.
 

Scot

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The core group that were initially on this forum came over from Kiyosaki's "Rich Dad" forum. MJ was part of that group. The forum had a number of issues that they did not address very well. MJ started a new forum and then wrote his Fastlane book.

A group of about 15-20 used to meet annually in Scottsdale at the Rich Dad headquarters. Most of us had decent business things going on. Kiyosaki addressed us at one of those meetups and called us a bunch of losers for spending our time online. He never took the time or interest in hearing any of our stories.

@biophase , @Runum , @andviv , @snowbank were all part of that early gang.

I always wondered the story about where the early forum group came from.

Now I know why there's always been a subtle anti Rich Dad trend. But, I totally agree. He's a guru who peddles crap to slowlaners and makes his money from that.
 

Runum

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The core group that were initially on this forum came over from Kiyosaki's "Rich Dad" forum. MJ was part of that group. The forum had a number of issues that they did not address very well. MJ started a new forum and then wrote his Fastlane book.

A group of about 15-20 used to meet annually in Scottsdale at the Rich Dad headquarters. Most of us had decent business things going on. Kiyosaki addressed us at one of those meetups and called us a bunch of losers for spending our time online. He never took the time or interest in hearing any of our stories.

@biophase , @Runum , @andviv , @snowbank were all part of that early gang.
Thanks for including me in the early group @SteveO but I came very shortly after the last RD meetup incident. I heard all about it and even saw the youtube video leading up to the loser incident but I was not there. I caught wind of the new forum from Russ and moved over here as fast as I could, fastlane member #60. No big issue with being included but I wanted the record to be correct. It's a good group in which to be included.
 

MJ DeMarco

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We've all known him to be the guy who got rich selling the slowlane while he got rich some other way.
That's not actually true. I believe he made a SMALL fortune in real estate and some other ventures. However, I'd guess his BIG fortune comes from selling books and seminars.
 
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Fred Chevry

Fred Chevry

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The core group that were initially on this forum came over from Kiyosaki's "Rich Dad" forum. MJ was part of that group. The forum had a number of issues that they did not address very well. MJ started a new forum and then wrote his Fastlane book.

A group of about 15-20 used to meet annually in Scottsdale at the Rich Dad headquarters. Most of us had decent business things going on. Kiyosaki addressed us at one of those meetups and called us a bunch of losers for spending our time online. He never took the time or interest in hearing any of our stories.

@biophase , @Runum , @andviv , @snowbank were all part of that early gang.
So he's an arrogant prick, but you still got something good from him. Am I getting this right?
 
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Fred Chevry

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That's not actually true. I believe he made a SMALL fortune in real estate and some other ventures. However, I'd guess his BIG fortune comes from selling books and seminars.
Thanks from the clarification. It's always been somewhat confusing to me. His wealth timeline is more blurry and obscure than let's say.. yours lol.
 
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Fred Chevry

Fred Chevry

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The core group that were initially on this forum came over from Kiyosaki's "Rich Dad" forum. MJ was part of that group. The forum had a number of issues that they did not address very well. MJ started a new forum and then wrote his Fastlane book.

A group of about 15-20 used to meet annually in Scottsdale at the Rich Dad headquarters. Most of us had decent business things going on. Kiyosaki addressed us at one of those meetups and called us a bunch of losers for spending our time online. He never took the time or interest in hearing any of our stories.

@biophase , @Runum , @andviv , @snowbank were all part of that early gang.
Sweet baby jesus! That's the crappy forum MJ was referring to in TMF lol.
 

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TheRegalMachine

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Because he hocks slowlane tactics doesn't mean he personally supports them.
I read (actually listened via audiobook) Rich Dad Poor Dad and for the most part the majority of the book isn't bad.
It starts off with a lot of anti-slowlane points but by the end he does a 180 and starts giving a bunch of slowlane advice.
The man knows his shit but like most gurus they draw people in with the good stuff to seem legit but sell you the garbage that won't do you any good in the long haul.
 
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SteveO

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So he's an arrogant prick, but you still got something good from him. Am I getting this right?
I learned about RK well after my path was being forged. Can't say that there was nothing to learn from him. I have learned more from business acquaintances and friends from this forum. MJ has much more to teach us. I did not go to RK to learn. We all met up there to share ideas and that is what we did. He loaned us one of his rooms for our meeting.

As far as his antics go, I was amused. Gave us something to laugh about for years.
 

Ivan M.

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Yes,. . . . .I too was a follower of the duo dads. I'm wondering his new book "Rich Dad, Poor Dad; Why The Rich Gets Richer" if he basically follows the same concepts of financial literacy of the fast lane or is it yet another hype to get the slow-laners into following yet another scripted lifestyle. Curious :( things that make you go Hmmmmmm.
 

Bearcorp

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The core group that were initially on this forum came over from Kiyosaki's "Rich Dad" forum. MJ was part of that group. The forum had a number of issues that they did not address very well. MJ started a new forum and then wrote his Fastlane book.

A group of about 15-20 used to meet annually in Scottsdale at the Rich Dad headquarters. Most of us had decent business things going on. Kiyosaki addressed us at one of those meetups and called us a bunch of losers for spending our time online. He never took the time or interest in hearing any of our stories.

@biophase , @Runum , @andviv , @snowbank were all part of that early gang.
A forum member told me this story a few years ago, I was shocked as RDPD was the first business book I read and I learnt tons from RK's first few books.

I had to do a double take a few weeks ago when a few RK ad's popped up into my Facebook feed with headlines like "how to get rich on amazon" "how to make money on the internet"

Took him a few years but looks like he's caught on to what you blokes were talking about all those years ago, shame that instead of actually doing it and sharing, he's gone down the stereotypical "pay me lots to teach you things I've never done!"

But then theres always been doubt about his substance and his honesty... beware the spruiker they always say!
 

100k

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I have listened to some of his podcasts and interviews lately, where he has been talking about building & investing in assets (that are FREE of your time AND gives you control).

He talks about the benefits of real estate and how you can get a decent 10% return from that (he is mainly investing for cashflow).

But he says the real money is made from building & investing in assets; and those are businesses or investments where you have systems in place (i.e Team of workers & Executive Leaders to run the business for you so the business grows even while you are absent).

He also talks about the importance of control; so he is not "pro" ETFs & putting your money in bonds, mutual funds & hedge funds. But rather businesses, real estate deals and activists investment where you get to control the board and executives.

And leveraging tax codes to defer taxes, or write off investments etc. and how those benefits are mainly for the people in the B & I side of the quadrant.

I guess his main business is still selling educational content so... he is still technically a guru peddling guru courses .... but to me it seems like he is talking about some of the core principles of the fastlane.
 

MJ DeMarco

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addressed us at one of those meetups and called us a bunch of losers for spending our time online
He had no business commenting on something he knew nothing about.

Imagine, and now there are thousands of those "early losers" who are far richer than he is now.

To give you an equivalent to modern day, this is like me saying "Boy, all those cryptocurrency guys are losers."
 

Veloce Grey

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He had no business commenting on something he knew nothing about.

Imagine, and now there are thousands of those "early losers" who are far richer than he is now.

To give you an equivalent to modern day, this is like me saying "Boy, all those cryptocurrency guys are losers."
I've seen so many people who attain some success or fame in one area automatically assuming that makes them an expert on anything else. Once someone gets a giant ego like that they become unbearable to listen to, even more so when they walk right into your own space to offer an uninformed opinion backed up by nothing more than their unrelated success.

I think it's the similarly ugly cousin of celebrity political opinions.
 

ZF Lee

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The core group that were initially on this forum came over from Kiyosaki's "Rich Dad" forum. MJ was part of that group. The forum had a number of issues that they did not address very well. MJ started a new forum and then wrote his Fastlane book.

A group of about 15-20 used to meet annually in Scottsdale at the Rich Dad headquarters. Most of us had decent business things going on. Kiyosaki addressed us at one of those meetups and called us a bunch of losers for spending our time online. He never took the time or interest in hearing any of our stories.

@biophase , @Runum , @andviv , @snowbank were all part of that early gang.
Yes, I read the 2007 thread...that thread should be a notable. Golden forum history.

The issues were specifically what has built up this Forum.
In the RDPD forums, there were less mods control, full of politics conspiracy talk, little safeguards or quality controls which we enjoy here today.

I really couldn't believe Kiyosaki tore your works on the Internet down. The Internet is pretty much the de-facto wealth monster even compared to RDPD typical real estate.

At first I assumed he called you guys losers because you might be wasting time on social media and all the like. But no, you guys were using it to make bank!

I feel really sorry for Kiyosski. He lost many high level followers with that shit attitude.

I understand why @MJ DeMarco comes every day here...it's more personal rather than the requirements of a productocracy, I suppose.

I am really glad all of you weren't discouraged. And you all had the balls to form a separate forum that kicks a$$....till today I can't even find the RDPD forums lol. Bless Kiyosaki though. His lack of material depth in his books was what brought me here.
 

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