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

Whether it’s a son of a friend who needs $250,000 to find a product and develop it, or an entrepreneur with a prospectus and alarm who needs $400k for 10 days, or a business with which you have a standing order, they all need one thing – to raise capital! Today’s guest is Daymond John, one of the stars of ABC “Shark Tank”, who sees entrepreneurs pitch deals all day long. The founder and CEO of FUBU is the author of a new book called “Power Shift” that talks about how to transform any situation, close any deal, and achieve any outcomes. In this episode of Rich Dad podcast, Robert Kiyosaki and John dive into what goes through his mind when somebody is out of touch with the world of entrepreneurship and capital raising, what turns him on or off on the deal, what happens when people he has invested in fail. There's so much to learn! Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you doing things your mom and dad told you to do? Do you have social mania and go off the cliff like everybody else in the herd?  Our guest, John Del Vecchio, says to you, “I would probably hold your hand and pray with you”. John is an In-House Stock Market Guru, a Forensic Accountant (somebody who looks for the lies, cheats, and steals) for Dent Research. He is also author of a brand new book called “Unbounded Wealth”, dedicated to the mom and pop investor. If you're doing what everybody else does, you'll get what everyone else gets - mediocre performance in the markets. You're not going to be in the top 1%. If you start to do the opposite, you have a better chance. Most people do the wrong thing at the wrong time, but John can help you to not get sucked in with the crowd!  Listen to this episode as we lay down how to break free and live a life on your own terms! Learn more about your ad choices. Visit megaphone.fm/adchoices

Have you ever tried downloading an App on an App store and there is this super lengthy list of things about the rules, regulations, contracts and other boring stuff that makes us just want to click that “agree” button and move on from it? This and complicated contracts, sophisticated terms, privacy standards, digitization etc, play a huge part in the money world. In today’s episode of Rich Dad podcast, Robert Kiyosaki and Paul Pagnato talk about how transparency, or lack thereof, affects people’s trust and how some companies or personalities are doing things with transparency. Paul is named Barron's top financial adviser and Forbes tops wealth advisor and author of “Transparency Wave”. We will touch base on a wide array of subjects from Wall Street to Bitcoin, pension and student loans, Bernie Madoff, shadow banking system, and more. To find out what's really going on under the sheets, listen to today’s episode! Learn more about your ad choices. Visit megaphone.fm/adchoices

There’s a question that I like to ask people, and I want you to think about your answer for a minute. “What would you do if I paid you five million dollars per year?” Would you quit your job? Would you work more? How far would you be willing to go to get that money? If you’re former NFL player Vontae Davis, a five-million-a-year paycheck wasn’t enough to keep working. Not only did he get out of playing football, but he walked off the field in the middle of the game. Why? Because of his health. He knew that continuing to play would put himself in danger and that if he didn’t leave now, he could regret it for the rest of his life. Most people, I think, wouldn’t throw away that kind of money, even if they were in that situation. We only have to look at other football stars that continue to play to see how true that is. In this episode, we talk with Vontae about his decision to walk away from guaranteed millions and how that has impacted his life. Fortunately, he was already smart about his money beforehand, and he wasn’t living a lifestyle beyond his means. Vontae’s story can shed some light on the nature of money and what it takes to walk away from a seven-figure payday. If you’re experiencing a similar crossroads in your life, it’s worth it to make a change for the better. Listen now and see where Vontae’s decision led him.  Learn more about your ad choices. Visit megaphone.fm/adchoices

We are in the early stages of the greatest retirement crisis in the history of our nation and, indeed, the entire world. One thing is certain: doing nothing―sitting back, confident your pension check is “in the mail”―is not an option. That’s a risk you can’t afford to take. According to Edward "Ted" Siedle, a former attorney with the United States Securities and Exchange Commission and America’s leading expert in pension looting, “In the decades to come, we will witness hundreds of millions of elders worldwide, including America’s Baby Boomers, slipping into poverty. Too frail to work, too poor to retire will become the “new normal” for many of the aged.” In their book "Who Stole My Pension?", the authors focus on the most misunderstood and ignored cause of the pension crisis: mismanagement of pensions and investments. Robert and Ted recount a history of pension failures, inexperienced boards, gambling, looting, and other horror stories―with a focus on action steps workers and retirees can take to quickly determine if a pension is being mismanaged as well as the concrete steps they can take to end decades of pension mismanagement. They detail critical questions retirees can ask―and guidance regarding how to act on what they learn. Learn more about your ad choices. Visit megaphone.fm/adchoices

For the last couple of years, if you heard the word collusion, chances are that you would imagine Russia helping the Trump administration win the 2016 election. While the world was focused on that, real collusion was happening between the Fed and world banks to create an economic crisis. This all started long before Trump took office, and the ramifications of it helped create the Great Recession, and we’re all still reeling from it. In today’s episode, we’re talking with Nomi Prins, author of the book Collusion. As a Wall Street insider, Nomi got a firsthand look at how the US and the Fed created a massive financial problem, both at home and abroad. We discuss the truth behind how world banks are facilitating this crisis and what average Americans can do to protect their money. If you want to find out what’s really going on behind the curtain, you need to listen to this episode.  Learn more about your ad choices. Visit megaphone.fm/adchoices

At the beginning of a new year, everyone starts paying attention to their taxes. However, rather than looking ahead at their tax burden for the coming 12 months, the vast majority of people and business owners are looking at the previous year. Unfortunately, when it comes to saving money on taxes, taking that kind of approach is not going to do any good. Simply put, you can’t reduce your tax bill after the fact. In this episode, we’re talking with Tom Wheelwright, a professional tax advisor. If you’re anything like me, you hate giving any money to the government. It may sound surprising, but I don’t pay taxes. At first, you may think that I must be cheating or cooking my books, but the fact is that there are legitimate ways to reduce your tax bill to nothing or almost nothing. Tom and I discuss various ways to find these incentives that the government offers to businesses and entrepreneurs. That is, assuming that you want to pay less or nothing at all. Break the tax cycle and discover how in this episode of the Rich Dad, Poor Dad Podcast.  Learn more about your ad choices. Visit megaphone.fm/adchoices

You can’t ignore the fact that the ‘competitive spirit’ is becoming more and more rare among men and women, both in this country and around the world. Not only is competitiveness in short supply, but many people even look down upon it, considering those who are competitive to be shallow, greedy and vain. However, here to explain why the world at large is not a zero sum game, and why truly competitive people are people who compete with themselves more than anyone is sports psychologist, motivational speaker and author of The MindSide Manifesto, Dr. Brett McCabe. Dr. Brett McCabe had a long history in sports, and it was there, under the guidance of his coach and military father, that he learned to cultivate the inner drive for success. And from that point on it was only a matter of time before he got it, training professional golfers and writing best sellers. With automation and globalization on the rise, it’s becoming difficult for many people to believe that they can utilize their individuality and make something of themselves in a world so crowded and seemingly governed by uncontrollable forces. Dr. McCabe, though, has spent years studying the human element behind achievement and has come to the realization that we alone are our own greatest resource, and an investment in oneself in the only way of unlocking our true potential.      Learn more about your ad choices. Visit megaphone.fm/adchoices

As an investor, you always have to be looking out for the next big thing. However, when it comes to long-term stable investments, the best new thing is actually the best old thing. In this episode, we talk about gold and why it should be part of your portfolio right now. To help us understand the value of gold, we turn to the infamous (or famous, depending on your perspective) Doug Casey - the Indiana Jones of the investment world. We discuss why gold is such a valuable commodity and why buying now is the smart move - not after the next crash. Some of the highlights we get into regarding gold include: Gold is not tied to any government body (unlike currencies) Gold can be traded anywhere in the world With a looming depression on the horizon, buying gold can protect your money better than almost any other asset Be sure to listen to the rest of the episode to find out more about the value of gold, both today and in the future. Being prepared is the best thing you can do as an investor, and Doug Casey knows a thing or two about that. Learn more about your ad choices. Visit megaphone.fm/adchoices

Despite being incredibly hard workers who execute flawlessly on the job, many high achievers are 'invisible'. We're not taking advantage of our strengths and we're not certainly not putting it out there to the public into the marketplace. But in the digital age, a great work product isn't enough anymore. In order to get the opportunities your skills have earned, you must do your part to share your story, your message and your skills with the world. You must build your most powerful personal brand. Amanda Miller Littlejohn, author of the book "Package Your Genius: 5 Steps to Build Your Most Powerful Personal Brand", is on a mission to help high achievers make themselves and their work visible in the digital age. Listen to find out more. Learn more about your ad choices. Visit megaphone.fm/adchoices