Rich Dad Poor Dad, what Kiyosaki Say about Lawyers?
Robert Kiyosaki, author of Rich Dad Poor Dad, what does he say about business lawyers? Why do you need a lawyer to accompany the business?
What does Robert Kiyosaki say about business lawyers? What do you need a lawyer to accompany the business? The simple answer: to get rich and to keep rich.
What do you need a lawyer to accompany the business? The simple answer: to get rich and to keep rich.
In this short article I want to bring selected quotes from two books by Robert Kiyosaki, one the book "Rich Dad Poor Dad", and the other "The Investment Guide of Rich Dad Poor Dad".
Kiyosaki is a well-known businessman and mentor whose company goal is financial training.
Obviously, Kiyosaki knew how to do business and money, and knew how to buy businesses and create businesses.
Kiyosaki put a lot of emphasis on the importance of being accompanied by a lawyer, in order to create a good infrastructure for the business.
In his book "Rich Dad Poor Dad", Kiyosaki talked about paying a decent salary to professionals:
"My rich father ... believed he should pay well to professionals, and I too have adopted this policy. Today I have lawyers, accountants, real estate agents and stockbrokers, all of whom are expensive. why? Because if people are professionals, their service will give you money. And the more money they make, the more I will make."
In his third book, The Investment Guide of a Rich Dad, a Poor Dad, Kiyosaki explained the importance of teamwork:
"Nowadays we see on TV commercials where a rich couple is seen sailing on his yacht in some warm tropical sea. It seems like the ad is trying to attract all the people trying to get rich themselves. Every time I see this broadcast, I usually think of my rich father who told me, ' "Most small business people dream that one day they will have a ship or a plane. So they will never have a ship or a plane. When I started out, I dreamed I would have a team of accountants and lawyers, not a ship." "
In the same book, he wrote about the importance of preserving ideas through the creation of intellectual property, and preserving interests through contracts.
"Your attorney who specializes in intellectual property matters and the attorney who specializes in contracts, are two of your most important advisors, because they help produce your most important assets. These attorneys, if they are good, will protect your ideas and agreements from intellectual property robbers, people who steal the Your ideas - and therefore your profits. "
Kiyosaki even magnified and gave the example of a man who became rich without any assets, but only through one contract:
"Aristotle Onassis became a shipping tycoon with the help of a simple legal document. It was a contract with a large manufacturing company that guaranteed him exclusive rights to transport its cargo all over the world. All he had was that document; he had no ships. However on the basis of this document he succeeded in convincing "The banks lend him the money needed to buy the ships. Where did he get the ships? He got them from the United States government after World War II."
Robert Kiyosaki - The Investment Guide of a Rich Dad, A Poor Dad, p. 356 para.
And further:
"Many businesses started and survived based on a simple piece of paper. One legal document could be the seed from which a world-wide business would grow."