How to Attract Investors and Use Other People’s Money

04/20/22 • 30 min

3 Listeners

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

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.

Previous Episode

#1 Skill of an Entrepreneur

Robert Kiyosaki says business is a team sport, and to lead your team, you need to be a great leader. Today’s guest explains what it takes to build, grow, and scale your business through leadership.
Blair Singer, Rich Dad Advisor, entrepreneur, and communications specialist says, “If you’re going to go from the S-Quadrant to the B-Quadrant then that’s a different skill set that’s not taught in school.” Singer draws on his experience of climbing Mt. Kilimanjaro, and that getting to the top is only halfway, and the key to success is preparation.
Host Robert Kiyosaki and guest Blair Singer discuss what it takes to take your team to the top, and what it takes to be a top leader in your company.

Next Episode

Avoid the #1 Mistake Entrepreneurs Make

As the economy worsens, Robert Kiyosaki suspects that lawsuits will increase. Today’s guest says in times of stress, litigation goes up and he advises our listeners who are entrepreneurs to increase their asset protection.
Garrett Sutton, Rich Dad Advisor and author of the book Veil Not Fail says, “People set it up online, and they don’t know they have ongoing formalities, and they learn the hard way.” In 50% of all cases, people are able to pierce through the corporate veil and get at your personal assets.
Host Robert Kiyosaki and guest host Blair Singer are joined by guest Garrett Sutton to discuss the #1 mistake entrepreneurs make and how to avoid it.

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