12 KEY Lessons from Rich Dad Poor Dad | The Path to Financial Freedom | Learn the Wealthy Mindset episode artwork

EPISODE · Apr 15, 2024 · 30 MIN

12 KEY Lessons from Rich Dad Poor Dad | The Path to Financial Freedom | Learn the Wealthy Mindset

from Control and Compound with Darren Mitchell · host Control and Compound Financial | BNV Media

TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are breaking down their key lessons learned from reading the book Rich Dad, Poor Dad by Robert Kiyosaki including how to find the right models for wealth, not getting caught up in the rat race, having your money work for you, and of course one of the most important lessons: the power of uninterrupted compounding! Tune in now. Show notes: 00:00 - Introduction 00:55 - What makes Rich Dad, Poor Dad stand out? 5:20 - Finding models for wealth 6:50 - "You're broke, not poor" 7:55 - The rich have money work for them 9:05 - Don't get caught up in the rat race 11:10 - Work to learn, don't work for money 12:50 - EBSI mindset shift 16:20 - Assets vs. liabilities 17:15 - The power of uninterrupted compounding 18:30 - Understanding the history of taxes and corporations 21:20 - The rich invent money 23:00 - Overcoming obstacles and taking calculated risks 25:25 - Pay yourself first FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

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12 KEY Lessons from Rich Dad Poor Dad | The Path to Financial Freedom | Learn the Wealthy Mindset

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