How to Attract Investors and Use Other People’s Money - Robert Kiyosaki, @KenMcElroy

591,821
0
Published 2022-04-20
There are two ways to get rich. One way is to use your own money. The other way is to use other people’s money, or as we call it at Rich Dad, OPM. One (using your own money) provides small-to-modest returns, takes a long time to pan out, and requires some financial intelligence. The other (OPM) provides large-to-infinite returns, creates incredible velocity of money, and requires a high financial intelligence. Today’s guest says that whether you want to purchase real estate, start a business, or create a charitable foundation, anyone can raise money. 

Ken McElroy, Rich Dad Advisor on Real Estate and author, says, “Most people believe that they have to come from a rich family, or have the capital raised, and those are just excuses.” 

Host Robert Kiyosaki and guest Ken McElroy discuss how to put other people’s money to work for you, and Ken’s tips for raising capital. 

#financialeducation #robertkiyosaki #raisecapital

www.richdad.com/

Facebook: @RobertKiyosaki
www.facebook.com/RobertKiyosaki/

Twitter: @TheRealKiyosaki
twitter.com/theRealKiyosaki

Instagram: @TheRealKiyosaki
www.instagram.com/therealkiyosaki/

All Comments (21)
  • @ericmendels
    Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $160K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions
  • Only if a good amount of folks do what you teach, just imagine how many millionaires we already have or will have in the future. Not the sad statistics where at least 50% of people are living paycheck to paycheck, even for high income earners. Great contents as always!
  • A perfect storm is brewing in the United States. Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place.
  • @devdaniel3225
    Is now a good time to invest in stocks? I know everyone says stocks are cheap, but how long will it take for us to recover? Obviously, there are strategies to be used in this market, but these strategies are not available to the average person, so am I better off putting my money elsewhere?
  • @andrew.alonzo
    Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
  • I'm not even kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it, Investing is a long-term game, so I try to focus on the long term.
  • You’re right! The current market might give opportunities to maximize profit, but in order to execute such effective transactions, you must be a skilled practitioner.
  • Munger and Buffett have both achieved an incredible feat with Berkshire. They've turned thousands to billions, and have made a lot of people wealthy in the process. I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.
  • I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused about the current market volatility, I'm a newbie and I'm open to ideas.
  • My wife and I did very well in the amount of money that we amassed for retirement. Well over 80% of that money was made because of taking advantage of buying high-end stocks at a deep discount during the Great Recession. 2009 I fired the stockbroker got rid of all mutual funds and bought individual dividend stocks. Be patient don't get scared and do your homework and you can make a killing.
  • @drnjayy
    So much wisdom 😊 •Cash flow; the money has to flow •The best deals never get outside- the more the adverts the worst the deal. You want to get on the inside. •How to raise capital-Looking for deals and then informing investors, do the work, there are people with money looking for what to invest in, you don’t have to use your own money! Thank you sirs 🙏
  • @chriskim7286
    I love Robert's respect for Ken and the importance of management. It's such an important element to a cash-flow centered philosophy.
  • @2athletics
    Robert calling out Grant Cardone 😂😂
  • I read rich dad poor dad and went to his class in 2011 in Edmonton Canada. It was great. I started the business without using my $. Last 2 years, I bought a condo. now I buy it again. today, I have 3 properties and 1 oversea. You have to understand what Robert and Ken are talking about first. Then start 1 unit first and learn. I have 1 unit and 2 houses. Thanks to your teachings!
  • @alankent4468
    I just loaded up on these stocks, but my questions is how can I make short term profit, I read articles of investors that made over $500K after a couple trades and I'd appreciate clue on how to make better profit
  • @britney_david
    Hello what's the best way to get started with biction investment cos I've been making personal research for a while now.
  • @ekiwyar8512
    Thumps down, you didn’t explain how to find investors, what a let down!
  • @Namsu8
    thanks a lot robert for teaching great finacial lessons..
  • @quiksilver1j
    Cardone only said that about 200 units because he wants people to invest with him .. it was indirect marketing attempt .. I agree with Robert..start small