I fell into this whole startup hustle bubble a while ago, obviously I also read the book "Rich dad, poor dad". At least I tried, it was bad. Not only was it unrealistic, it also dismissed a whole lot of external factors at play at accumulating such wealth and didn't feel realistic at all. I did not know that he worked regular 9 to 5 and only generated his wealth by providing advice how to build wealth, but its not really surprising and fits the picture fairly well.

It made you poorer and him richer though, so from his perspective it's a good book.

This genuinely made me LOL

Basically, how VCs works too. And that's why we have to take their feedback carefully.

Yes, definitely. Invariably they're looking out for #1 first.

Just looked at his Twitter. Seems like he's gone off the deep end and is now grifting like Alex Jones. Posts about Fauci, woke liberals, FBI + KGB working in cahoots....pathetic, really.

Pathetic to have different political opinions? Is that where some of us has landed. Anyone speaking against my own views are pathetic worthless and worthy of scorn? Then you wonder why society has divided into culture wars and why so much hate exists in the world.

It’s one thing to have viewpoints, there are a lot of traditionally conservative ideals that have value, but, like many things, become a nightmare scenario when taken to the extreme.

I think the “pathetic” comment is aimed at the fact that if you’re running with the Alex Jones camp, you’re not really on planet earth anymore.

Watching an unwell person publicly spiral into paranoia and conspiracy-obsession and then calling that a "different political opinion" is a pretty bizarre take.

Possibly not when you share those opinions and are into conspiracy and paranoia yourself. Plenty of people like that, unfortunately.

Not familiar with this author and which particularly views he shared - but between COVID passport, COVID being human made, Fauci funding COVID and the FBI paying to hide Hunter Biden's laptop, conspiracy theories are being more accurate than mainstream news.

You are welcome take a look for yourself and ponder whether you'd take business advice from him.

He was always a Trump-like persona whose audience tended towards the same demographic.

The takeaway I got from him was positive. First, start buying real estate and renting. THEN, with that financial security try to build a business of your own if you are motivated. The first part is hard to fail at, and you can do it while working a full time job.

Step 1: have enough money to risk some on real estate in an already overheated market

This is precisely the kind of advice that's the problem.

He also mentioned that property is a liability, not an investment. I guess many property management companies would disagree.

> THEN, with that financial security ..

Nah, you'll just mooch off your stable unearned, unproductive income source for the rest of your life. It's called rent seeking -- https://en.wikipedia.org/wiki/Rent-seeking and it's the absolute core of the disease that is modern capitalism.

You are completely correct. I hate this stuff that's peddled on YouTube, it's pretty simple, ask yourself what do they get out of telling you this if they are making so much money doing it. They are making money selling you courses.

What made me more susceptible I think is that my father made his money grinding up, buying a few flats , moving into full on property development. I paid no attention to his business until it was too late for me to learn from him (he died). Sure I worked on his building sites as a teenager, grafted cleaning out flats after tenants moved out (this is while my mates enjoyed their school holidays). He did pretty well and I grew up in a pretty affluent way. The stress was awful for him. I believe it fucked him up a bit. I have a few bad memories of him being a bit horrible. I forgive him that now looking back at the pressure he was under.

After his death I was desperate to emulate him. I began to think working for a salary was a mugs game. I paid for some bullshit property courses. Never went all in on anything thank god.

Anyway, eight years later I've accepted what I am, I'm in a job I actually like. I'll plough my furrow doing software and getting better at it. It's modest, but it's more certain. And uncertainty is the root of stress for me.

One bit of advice he gave me when I was complaining about working and having a manager etc "son, the bank manager is my boss, he can call in my loans any time" I can see now that this is a great antidote to the bullshit financial freedom advice on YouTube

I appreciated your comment. However with respect to what your Dad told you :

> "son, the bank manager is my boss, he can call in my loans any time"

that would have been true for him (being in property development). But there are people who build successful businesses or just work for themselves who never go into substantial debt and thus are free of any such 'creditor boss'.

True. Though anyone I know who is owns a business uses debt to grow it. But you make a fair point.