Robert Kiyosaki Bankrupt Robert Kiyosaki has done an immense amount for entrepreneurs over the years but how will people react to the fact that he has filed for bankruptcy for one of his companies. According to Wikipedia, On August 20, 2012, one of Kiyosaki’s companies, Rich Global LLC, filed for bankruptcy in Wyoming Bankruptcy Court.The move followed a ruling by a U.S. District Court jury that former business partners of Kiyosaki were entitled to $23,687,957.21 of the profits from events they helped to set up for Kiyosaki, including a 2002 appearance at New York’s Madison Square Garden. A spokesman for Kiyosaki asserted that the amount of the award exceeded the value of Rich Global LLC and that Kiyosaki had no intention of using his personal assets to meet the judgement. I have been musing over this for a few days now! On the surface this should be a huge dent to his reputation as a ‘money man’. Robert Kiyosaki Bankrupt? I have no doubt that he is nowhere near bankrupt but surely this will impact the way people think of him? Is the whole concept of being a coach not someone you can trust and believe in? How can people read Rich Dad Poor Dad without thinking ‘Rich Dad Bankrupt Dad’?
Robert Kiyosaki Bankrupt – Do We Just Trust People Because They Are Successful Ok, so let’s think about this for a minute. Robert Kiyosaki Bankrupt? Some people might view it as a shrewd bit of business. If he files for bankruptcy he probably won’t have to pay a dime to Learning Annex – the company he formed a joint venture deal with and renegaded on. Is this the way to do business though? What about reputation and will others want to form joint ventures with him? I have read some comments that the Robert Kiyosaki Bankrupt saga is being viewed as a triumph for entrepreneurship. “I don’t think it will dent his reputation either… it can only enhance it” and “But he’s going to have the last laugh. If you have read his books, you know why. Hint: Something to do with the power of corporations.” What is the world coming too? How can it be right if the law says he did something that he should not have done, and people continue to respect and buy his products? Look I am in no way judging! I would love to have the success that Robert Kiyosaki has had and be admired the world over for teachings that have inspired thousands of entrepreneurs. I just personally find it hard to understand as I believe that in building a strong business you need to build trust and long standing relationships.
The Robert Kiyosaki Bankrupt case has gone by largely unnoticed. I only found out about it trying to look for a copy of Rich Dad Poor Dad on the internet. He still has a massive following and if one takes a look at his Facebook page he still has people happily engaging with every word he says. Although the mind boggles when someone can get 9,207 Likes and 1,058 Shares on a comment as simple as, “Problems are the doors to opportunities.” I posted that statement on my page and no one even commented! He is a popular figure and most people trust him and that just adds to the confusion of the whole Robert Kiyosaki Bankrupt saga. Maybe its humans just being humans and believing that the gurus can do no wrong, which is in effect how a lot of them make even more money!
Robert Kiyosaki Bankrupt – Good For His Brand I suppose the real reason I wrote this blog was to reaffirm my stance about creating a brand for myself that is built on trust and solid relationships. It’s extremely tempting to make wrong decisions for financial gain or to sell products to people that you don’t really believe are in their best interest. Robert Kiyosaki Bankrupt! That’s not going to even dent his reputation in my opinion and he probably has a new book coming out that will show great insights into why he filed. Is it right however? I for one don’t really believe it is. Together we can achieve more,
Skype: workwithgordon gordon@workwithgordon.com P.S. Looking to start your own online business? Sign up to get instant access to a free video on how to quit your job and make a good living on the Internet! Robert Kiyosaki Bankrupt Gordon Robinson
This entry was posted in Building a Brand and tagged good business practise, relationships, Rich Dad Bankrupt Dad, Rich Dad Poor Dad, Robert Kiyosaki Bankrupt, trust by Gordon Robinson. Bookmark the permalink