Mikes dad is the Rich dad in this book. At the age of 9, two boys asked the Rich dad to teach them how to make money. He gave them a job at one of his restaurants and a salary, but Robert spent all his week's money on comics. After some time, he got angry that he was learning nothing and quit. Inhis book Rich Dad, Poor Dad, Kiyosaki explained a key concept of ESBI. Work hard, earn money, give 30% to Govt as tax, another 30% to banks in terms of interest and live a hand to mouth Myrich dad, my best friend's father, was an informed player in the game, always anticipating the next move. In 1955, my poor dad kept saying, "Go to school, get good grades, and find a safe and secure job.". My rich dad, on the other hand, kept saying, "Mind your own business.". My rich dad said this because he knew how important Inhis book, Rich Dad Poor Dad, Robert writes about the concept of the Rat Race. In short, it's the vicious cycle we learn from a young age that the only way to get ahead is to go to a good school, get a good job, and work harder and harder to try and get ahead. Unfortunately, the Rat Race game is a losing one. .

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