Robert Kiyosaki’s “An Unfair Advantage” – What’s It All About?

Posted by on December 22, 2011 under Home Based Business | Be the First to Comment

Robert Kiyosaki’s newest book “Unfair Advantage: The Energy of Financial Education ” (also has the added subtitle of “What School Will Never Teach You About Money”) was ‘launched’ on March 31st 2011 at a live event in Los Angeles.

Robert T Kiyosaki is most famous as the author of “Rich Dad, Poor Dad” that is a story about two diverse mindsets around dollars, nevertheless he has published many other books, which includes “Cashflow Quadrant” regarding the 4 different kinds of approaches to earning capital (E – employee / S – self-employed/specialist/small enterprise owner, B – massive enterprise / I – Investor), Rich Dad’s Prophecy about an upcoming stock market crash caused by baby boomers cashing out from the stockmarket, and most lately “Conspiracy in the Rich” which I reviewed on my tiny business enterprise advertising weblog.

What exactly is Kiyosaki’s “Unfair Advantage”?

In summary it is financial literacy. An understanding of how income functions in the real globe. To quote Kiyosaki…

This book is regarding the five unfair positive aspects of a genuine monetary education:

1. The Unfair Benefit of Knowledge

2. The Unfair Benefit of Taxes

3. The Unfair Advantage of Debt

4. The Unfair Advantage of Risk

5. The Unfair Benefit of Compensation

So in this way if you have read all Kiyosaki’s previous books, this newest one isn’t claiming to offer you a lot that’s extremely new. Robert refers to “Unfair Advantage” as like “Rich Dad, Poor Dad: Graduate School”, and “What I am actually undertaking with my advisers.”

I’ve watched the book launch from the online video.

On it Robert asked the audience who had observed “Inside Job ” the 2010 Academy Award winning movie with Matt Damon, that incredibly enough got shut out of almost all the mainstream cinemas, but I got my copy easily on Amazon.

Robert’s Summary of his book is that it is the same as “Inside Job“, except it goes back further. While “Inside Job” (The 2011 Academy Award Winner for Best Documentary – that got ‘removed’ from US cinemas) starts with banks falling over in Iceland in 2008, and yet the problems were set in motion so significantly further back in history which is what his book goes into.

My summary with the book is that true to Kiyosaki form it truly is ideas rather than tactics, but it includes stories from his own businesses that he hasn’t covered before. He has gone after a extremely wide net this time.

If this is the first time you’ve got come across his work then it will cover alot of territory for you and kick start you on a huge learning curve. Quite recommended!

Click here for more about Kiyosaki’s latest book at Dr. Martin Russell’s weblog about at Financial Education.