Business School ~ Robert Kiyosaki

 

"The richest people in the world build Networks. Everyone else is trained to look for work"

The book Business School is a deep dive into the world of network marketing, which Robert Kiyosaki presents not merely as a way to earn money, but as a platform for personal development, financial education, and entrepreneurial growth.

He begins by saying network marketing business is not for everyone.  By reading the book you will know if it is for you.

Thomas Edition did not invent light bulb, he only perfected it. What they teach in school is not always right and complete. He was a business person and telegraph operator. 

"The richest people in the world build Networks,  Everyone else is trained to look for work."

Telegraph network, radio network,  TV network,  satellite network,  Amazon, Google 

Having a system and building a network makes people rich. There are many ways to become rich, but ultra-rich people create networks.

Birds of a feather come together, which means humans live with people like themselves. It can also be understood that rich people create network with rich people, and poor people network with other and more poor people.

So if you want to become rich, you have to  networking to help you become more affluent. But it is a challenging task to build your own business and convince people to have the power to do your network.

According to Robert Kiyosaki – If we want to be financially free, we should have three types of education which are – academic, professional, and financial.

Academic education teaches us to read, write and do maths; business education teaches us to work for money, and financial education teaches us how money works.

If our financial education is poor, we will work for rich people. How money works for us If it is not learned, we will have to work for money.

Building your business is the best way to become rich. Once the company is strong, or the cash flow is there, investing in other assets can be considered.

Other ways to get rich

A person can become rich by marrying another person for money.

A person can become wealthy by fraud.

You can become rich by being greedy.

People dream of becoming rich even by doing cheap things.

A person can become wealthy even by working hard.

One can become rich by being intelligent, talented, brilliant, or attractive.

Only by luck sometimes can one become rich.

One can also become rich by building a business.

Building a network marketing business is one of the newest ways to become rich.

This is a new and revolutionary way to become rich. This is a setup that gives the possibility to share wealth with anyone.

Network marketing businesses can also be called personal franchises or invisible extensive business networks. This new form of business is like a revolution because it allows sharing a property only for a few selected people for the first time in history.

There are many controversies regarding this business, and many people want to earn money quickly by fraud in this type of business.

But if you try to understand this business properly by taking a step, it is a socially responsible system of sharing wealth. This is not a good business for greedy people.

This is the only business where you can become rich, by helping others become rich.

Robert Kiyosaki says I support this business because some companies work with great compassion. If you stick with the business, the company stays with you. And some network marketing companies give the possibility of equal opportunity business.

Life-changing business education

Robert says there is no doubt about the massive earning potential of a network marketing business, but I recommend something other than such a business just for the money. Robert says the biggest reason for recommending this business is its “system of education.”

From the company’s compensation and products, it should be seen how much a company is interested in learning or training you. Skill makes us rich and not theory.

That’s why Robert named this book Business School for those who like to help people because network marketing business, real-life business school works for those who want to learn fundamental world skills to become an entrepreneur.

Cash Flow Quadrant

The renowned name in the franchise world is McDonald’s. Some people even called it illegal initially, but today McDonald’s franchise is in the big country to very remote places. The franchise is a business network comprised of multiple owners working together. In 1970, another type of network marketing business started gaining momentum.

Today this business is known as a network marketing business. This business has also been criticized a lot, but the speed from this industry, franchise, and traditional businesses are increasing continuously.

Many people need to see the rapid growth of this industry because, in most cases, it is an invisible business that does not have large sign boards like McDonald’s and Starbucks. It is hidden because it is virtual, so this business is mainly criticized by those not doing business.

In this business, we have to make people like ourselves, and our economic value will double as soon as they become like us. That’s why the success here in working hard comes not arithmetically but exponentially.

Many people found it sensible to start this business because it does not require lakhs and crores of money to do old-style business, nor does it need lakhs to buy a famous franchise. Instead, doing this business with excellent training at a meager cost is a much better idea.

To do this business, you need to open your mind because this business is increasing all over the world. The future of this industry is perfect because this industry gives you a chance to control your life and take your financial future into your hands.

Even if the old-thinking people refuse to see the growth of this industry, but still this industry will continue to grow with time.

Developing your most important business skill.

The ability to sell anything is the number one skill of any business. Selling ability is the most critical skill of B quadrant business. If you can’t sell, then forget about becoming a business owner.

We are all born with the talent to sell. In childhood, when we wanted something, we started crying; it was part of selling. In childhood, when we want something, we go to the father, then to the mother, and if we do not get that thing, we speak to the grandparents. As we grow up, this anything-seeking attitude gets lost somewhere.

Why is it important to have sales potential? How is this an essential skill in the B quadrant?

The answer is – the more we sell, the more we can buy. If you want to buy something, you have to deal with something first. That’s why selling is the number one skill.

When you apply for a job, you sell your professional skills; when you go home, every item in your house, whether it is frozen, a bed, sofa, television, and anything else, someone has sold to you.

Politicians are the biggest salesmen; the best teachers are the best salespeople. People are poor, unsuccessful, and lonely because they have failed to sell somewhere.

Whenever there is fear in us, our confidence and doubts get stronger—learning to sell means defeating your inner fear. The unique thing about network marketing business is that it gives you a chance to face your fears, deal with them, overcome them and bring out the winner inside you.

Only those people who are afraid of rejection do not want to sell. But in history, the most successful people in the world were rejected the most. So we should follow a formula in our life: Rejection and Correcton = Education and Acceleration. Education starts with rejection because we get a chance to do things better or differently next time.

Ability to sell is the most important business skill. Skill take you to places not theory. Network marketing is not for all, this book will help you know if it is for you.

We are not afraid to sell, we are afraid of rejections. Rejection = Success.

Fear of rejection,  low self esteem and lack of confidence will ruin your life.

 Success in network marketing business is teaching others to sell.

Not working for the money

People choose to work for money and not wealth. Wealth should never be counted with money but always measured in time. For example, if there is a savings of Rs 1000 and our day’s expenditure is Rs 100, then our assets are ten days. If the cost is Rs 50, then the wealth is 20 days.

Health or wealth is always according to time. Money comes in two ways: one is property, and the other is labor. To be rich, you must work for the money that comes from wealth.

But if you want to work hard for your whole life, then work only for cash, as most people do. Rich Dad says our financial statement is like our school report card, which tells our financial IQ.

People in the “B” and “I” quadrants work on building and growing their assets, not money.

Living your dreams

A lot of people don’t have dreams because dreams need money. The great value of network marketing companies is that they insist on fulfilling the dream.

Our friends or family sometimes innocently or sometimes intentionally kill our dreams. Those who have given up on their goals mainly kill the dreams of others. Rich Dad believes that it is not necessary to become rich or buy a big house, but the person we become in purchasing a significant home is significant.

Marriage and business

In Network Marketing BUS Business INESS, many couples build a business together. This business is perfect for those couples who want to do business together for some reason. These reasons are:

This business can be started together part-time.

You can work according to your schedule.

It helps industry families together.

In this industry, Most of the successful people are couples.

These businesses provide education for couples to grow and learn together.

Family business

Some of the primary benefits of network marketing business are –

It can be started at a low cost.

It does not require any formal education or degree.

These industries are equally open to all, regardless of age, gender, and race.

Companies are already providing established and successful systems that you can use to build your business.

Some companies provide excellent training and education so that you can become successful.

In this, your mentors are successful people from the industry ready to assist you in your journey.

By starting this business part-time, you can BUILD with your job.

It gives you a lot of tax benefits as a business owner, which you cannot get as an employee.

The most significant value of this industry is – it brings you closer to your family. There are many successful families in this business. Some of the qualities of the families involved in this business are –

They are all family focused

They understand the value of spending time with family

Children understand the benefits of their industry as well as their parents

They do more family vacations and business trips

Children learn passive income and financial education at an early age

Children choose to be part of the business of their own free will

In Most parents, one parent builds a full-time business, and the other with his job

The nature of this industry is to promote family togetherness and unity

The most significant gift of network marketing business is that we can build a business, not for our family, with them. The more successfully we spend with family, the more time and freedom we will have.

So, that was all in this book. Hope you would have learned the pearls of wisdom to implement in your life.

Business School Book Review

While reading Business School, I constantly reflected on my financial journey and reassessed my approach to money. Kiyosaki’s unique perspective challenged my preconceived notions and sparked a desire for lifelong learning and self-improvement in finance.

If I were to offer any critique, it would be that the book occasionally veers into repetition, reiterating certain points multiple times. However, this repetition also reinforces the core messages, which may benefit some readers who prefer reinforcement.

In conclusion, Business School is an eye-opening and motivational book encouraging readers to think differently about money, business, and wealth creation. Robert T. Kiyosaki’s insights and practical advice make this book a valuable resource for anyone seeking to break free from the traditional path and embark on an entrepreneurial journey. I highly recommend it to aspiring entrepreneurs and individuals looking to enhance their financial intelligence.

Core Themes and Values

The book outlines 10 core values of network marketing that go beyond financial gain:

True Equal Opportunity – Anyone can succeed regardless of background.

Life-Changing Business Education – Real-world skills like sales, leadership, and self-management.

Supportive Community – Friends and mentors who uplift rather than discourage.

Power of Networks – Wealth creation through systems and connections.

Leadership Development – Building influence and guiding others.

Not Working for Money – Focus on passive income and asset creation.

Living Your Dream – Aligning business with personal purpose.

Overcoming Rejection – Learning resilience through sales and outreach.

Changing Quadrants – Moving from employee to business owner/investor (Cashflow Quadrant model).

Education Over Commissions – Prioritising learning over short-term earnings. 

In Appendix he also talks about #Marriage and Business, #The Family Business  #How you can use the same Tax loop the rich use

Why Kiyosaki Advocates Network Marketing?

Although Robert Kiyosaki did not build his wealth through network marketing, he strongly recommends it as a low-barrier entry point for aspiring entrepreneurs. He believes it teaches:

Emotional intelligence through rejection and correction.

Financial literacy via practical exposure to income statements, balance sheets, and asset acquisition.

System thinking, especially the importance of duplicating successful behaviours (Metcalf’s Law).

Leadership and teaching, which are key to scaling a network marketing business. 

Not a Traditional Business School

Kiyosaki critiques conventional education for preparing people to be employees rather than entrepreneurs. He argues that Business School fills this gap by offering:

Hands-on entrepreneurial training

Mindset shifts from scarcity to abundance

Real-world application of business principles.

"Network marketing gives millions of people  throughout the world the opportunity to take control of their lives and their financial future."