Business Review

Rich Dad Poor Dad

Overall Rating: Overall Rating
Type of Business: Business Coaching Program
Skill Level Needed: Intermediate to Advanced
Income Potential: N/A
Recommended: No

Rich Dad Poor Dad Review

by David Harris

Rich Dad Poor Dad by Robert Kiyosaki and found at, is a business coaching & mentoring program.

It has left many people feeling that it provides questionable results.

As it is, the price is so overblown that there really should be no question as to whether it should work or not.

I won’t get into the details of his books or his philosophy.

Those are very interesting and worth learning about because the focus of this review is on the Internet coaching program.

I will say that I have read and enjoyed the series of Kiyosaki books.

And can tell you that there are far better results when you read the books at pennies on the dollar of the cost of his Rich Dad Poor Dad seminars.

Although I definitely recommend that you read his books, the focus of the coaching program is more about real estate than business or marketing.

Having undergone several coaching programs, some more rigorous than others…

I found the Rich Dad Poor Dad’s coaching program to be disappointingly short of the mark, as opposed to the results I’ve seen from his books.

Not only are the fees of $3,600 to $4,500 are a bit cost-prohibitive.

But they ask an extra $400 to $500 an hour for more consulting after the program.

To be fair, they do have a free resource line you can call, but even that has its limitations.

Add to that your coach’s feeble responses to your email queries…

And I believe Rich Dad Poor Dad coaching program should be priced at less than a quarter of its current price.

I’ve approached many who have gone through the program.

The usual common feelings, like my own, is that though the lessons are good, answers are too broad stroked.

And they leave you with a sense of disappointment.

There is a reason.

Rich Dad Poor Dad is not really Kiyosaki’s own program.

He contracts out from other coaching businesses that are familiar with his program.

The website, though is a large virtual store filled with informational materials for sale.

The coaching seminars’ DVDs can be found there at a third of the price of the personal coaching program, too.

There are even games for children and adults based on Rich Dad Poor Dad topics.

He even sells his name brand for franchising.

I would be very careful before investing in his franchise program which starts at $35,000, though.

Unless you really know what you are doing and already run a highly successful MLM type business…

It won’t be a good investment on your part.

Even if Kiyosaki were to teach me face to face, I would almost still hesitate to spend as much money as the “Rich Dad Poor Dad” charges for their coaching program.

However, most of the coaches are not necessarily as experienced in the actual running of their own real business as they would have you believe.

And they also do not have a good refund policy system.

As in, no refunds.

Therefore, I have to say that I do not recommend the Rich Dad Poor Dad coaching program to anyone wanting real results in improving their business acumen.

Read his books instead.

Your bank account will love you for it.

Thanks for reading the review




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5 Comments/Reviews

you can learn from the books.everything is there.I enrolled in the progam got very ill and when I told them I coudn,t go on the first words I heard were “we will turn it over to a collection agency if you don,t pay!” wow,thanks for the compassion.Read and study the books its all there.Good luck!

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I just hung up the phone with one of their “Mentors” which dedicate 45 minutes of his time asking questions about how much do I have saved, how high was my debts and my credit score status, gave me a little explanation of the course and after that just start attacking me and trying to makes me feel like if I don’t buy and pay the course I will have no succeed on life, that I will stay where I’m at with no changes unless I pay the course… I just believe that we asked for my financial situation, did his math and makes the highest offer possible reachable for my pocket… I agree with above comments, and that books will makes 10 times more of effect on your mind than an expensive course with no info at all neither introduction with the excuse that biggest decision are made at the moment…

I wish I’ve had done my research before I hat attend it. Today is the second day of the event and I’d learn so little. I’d laje to learn about how to invest in Real Estate and to learn the technics not to just hear about mind-set and to their software that is included in another course that is really expensive. I’m not sure but for what I captured in the room the people who were more involved in the business and had way more exprerience than I have were more interested in some strategies that they talked about.
Personally I don’t recommend it

My daughter and I attended an Independent Women “free seminar” . Only to find out that it is just another branch of Rich Dad Poor Dad after I had signed us up for the $500 three day course that would show us how to use the program to make money. We were told at the free even that we would be working with spreadsheets and forms provide on a tablet I was given for being one of the first 8 people to sign up. After the end of day two and still not given any real learning experience we left. Our one on one with a “mentor” who specialised in the Lease Option or rent to buy was a complete waste of time. Instead of providing more detailed information all she did waste to flog more very expensive courses! Courses that started at $5000-to over $25000 if we bought that weekend up to $40, 000 if we waited! By that time even my 21 year old had had enough especially of being told we would not succeed without a mentor! As if we had no mental capacity at all. The one good thing that came out of attending that weekend was the group of women we networked with. 10 of us have decided to form our own investment group and with the wide variety of skills and resources we found that we all have we expect to be fully capable of helping each other become independently wealthy!


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