You may not know it, but Kiyosaki has been exposed for years as a hack posing as an “expert” investor. Here’s a site detailing it: http://www.johntreed.com/Kiyosaki.html

The excerpt you quoted above is actually one of the most dangerous pieces of “advice” that Kiyosaki has spread. Essentially, he’s telling folks to quit school and learn instead from the “real world.” Sounds compelling but studies after studies have shown that majority of high-income earners are college graduates. The higher the degree, the higher the pay. The website above shows those studies.

I used to believe the “Kiyosaki way” hook, line and sinker until I learned he makes money only though the books and games he sell, never through investments. What a mind job.