So what if rich dad do not exist. But the important thing was the philosophy that Robert Kiyosaki shared from his life experience. I assumed Rich Dad was real. Maybe the mystery behind it helps to build his reputation and sell his books. Have you taught any body about no limits to your income as the 1st rule of wealth? Everyone wants a piece of Waikiki, and we've got a finite market to drive the prices up even more.". You can still find the tapes on eBay and such places. Today, Robert nevertheless keeps possession of several LLCs and Corporations. I already know that and 2. So despite the naysayers, he built the 30 room Hotel Hukilau to cater to the not-so-rich travelers to the big island of Hawaii. HE EVEN HAD RICH IN HIS NAME ! If nothing else, he's definitely figured out how to sell books! Does it matter if there was a "Rich Dad"? Remember he said his nylon wallet business went bankrupt? Even though he allegedly failed English, he is excellent at reducing problems down to a soundbite that one would care about. If you wrote a non-fiction book but made up the events and stories of the book, that would be a big problem to every reader. Please read again. Too bad i couldnt find a biography of Richard Wassman , i mean i wouldve expected to see him and his life story to be listed in WIKIPEDIA, especially now that its known that HE is the rich dad , i think this financial genius should be honored properly. Hyatt Centric Waikiki is located just off Kuhio Ave in the heart of Waikiki. He presents equally succinct and pithy answers, which he then attributes to "Rich Dad" and then comes up with a lot of examples, anecdotes, and experiences, that enhance his answersthough this evidence may be embellished. Look for the quadrant diagrams and especially the pyramid diagram, then compare to Rich Dads business success pyramid usually found in the Rich Dad books and on the back cover. I'll leave you to figure out which one. The speech become: Robert labored in Rich Dad's accounting department, as a busboy. But instead, it was a real life person, Richard Kimi, who turned out to be a very cool person. Former Hawaii Governor Ben Cayetano called Hemmeter, ".a man of great vision and energy, More than anyone else, he changed the nature of resort development in Hawai'i. kschang (author) from San Francisco, CA, USA on December 04, 2016: @jared -- I did not sway people in any direction. The Waikiki Biltmore was demolished in 1974, replaced by the Hyatt Regency's two 40-story towers that added 1,234 more rooms to the local count two years later. But a writer who told everybody about he had a dumb and poor dad (who's superintendent of education), and a smart and rich dad who knows everything about money, and later only to reveal there is no rich dad, he apparently would be forgiven because why? And the first to accept reservation by fax machine and use a toll free number. There are some news about this rich dad identity but it sounds more plausible that it was a made up story as well. A true Hawaii tourism hero died earlier this month. Inside the World of Robert Kiyosaki: The Full Rich Dad Poor Dad Story, https://www.youtube.com/watch?v=gXqqbo7A0Ew. Therefore, we have to cancel it and move to a better hotel. Anyone who loves rich dad poor dad should read the predecessor NY Times best seller The Millionaire Next Door. Finally, dig deep into Kiyosakis old audio CD coaching program where he tells about going to a cabin to read the best selling books at the time and then came up with the idea for Rich Dad Poor Dad. The Hotel Hukilau was continuously packed, typically with individuals who lived within the islands. Hyatt was founded by Jay Pritzker in 1957 when he purchased the Hyatt House motel adjacent to the Los Angeles International Airport. 0.1 miles from Hyatt Regency Waikiki Beach Resort And Spa Pool Visit hotel website Top Rated 2022 Aston Waikiki Circle Hotel View Hotel 1,420 reviews 0.1 miles from Hyatt Regency Waikiki Beach Resort And Spa Free Wifi Beach Special offer Visit hotel website View more hotels in Honolulu (8,392) Traveler rating Excellent 3,893 Very good 2,696 His name is Richard Kimi and his real son Alan Kimi came out on Oprah to tell everyone that yes his dad was the real inspiration for Kiyosaki's book. Hyatt Regency Waikiki Beach Resort & Spa Costco Member Reviews 4.5/5 ( 2546 Reviews ) Costco Star Rating 4.0 Star Hotel 2424 Kalakaua Ave, Honolulu - Oahu, HI, 96815, United States This resort is centrally located and overlooks world-famous Waikiki Beach. I perused the title years ago and was a bit skeptical but as someone who worked in a library, amazed at the following the book had. Eric Gill, financial secretary-treasurer for Unite Here Local 5, said the hotel workers union is becoming familiar with Mirae through its dealings in San Francisco. Kiyosaki has NO IDEA what he's talking about other than vague generalities. Alan recounted, "He always thought five to 10 years ahead," Alan Kimi said. from Hawaii? And that is just about the only positive thing I have to say about the hotel. I enjoy a lot of the advice in Robert Kiyosaki's book Rich Dad Poor Dad. When questioned about these errors, Mr. Kiyosaki stated that the examples given are just that: examplesones that should not be taken literally. You also need hard work, luck, the right space, the right time, the right product or service, the right team, and other things in that B-I triangle. Modern Hyatt Regency in Waikiki. Later in life, he gave lots of money to his church, to charities and to his foundation. That last interview was in 2003. Wow! Ebook of all time, and its main individual, Rich Dad, has emerged as one of the most influential economic advisers in. Bringing shame to the State Of Hawaii all just for money makes me feel like Robert should stay in the mainland USA where he belongs as his even saying he is from Hawaii brings shame upon the state. If you missed the message read it again. are you even getting paid for throwing stones at a mans hard work?seemingly pointless to me. Really guys! Hotel in Waikiki, Honolulu Located in Honolulu, directly in-front of Waikiki Beach, ESPACIO THE JEWEL OF WAIKIKI offers a rooftop infinity pool, a full-service spa, and an exclusive fine dining experience at Mugen restaurant. If it takes a whole book just to get that point across it's worth reading. However, this Rich Dad character has made an impact on millions of people. Thus, those who seek formulasi.e., do A, B, then C, and you'll get Dwill be disappointed. Short story it is fiction. There are lines everywhere. Stayed at Hyatt Centric in 2017 and we are currently staying at the Hyatt Regency in an ocean view room. The hotel . The rest of the books are good because they are professional and often have experts giving their advice. Kiyosaki joined Amway under Galvin and made several training tapes 15 years ago for Galvin that sold for $6 each back then. You read a book that talks about how the poor mentality keeps people poor and here you are questioning what is legal or not =)), RK is a teacher, sometimes you need to tell kids fairytales for them to learn. And people like Robert Kiyosaki, Tony Robbins and Harv Eker have done more to bring awareness of what is possible to a large number of people. Kyson Parks from San Diego, CA on April 07, 2020: I think you are right that lots of his advice is really simplistic. Thanks so much Mr. Robert. That is what is going on here with Robert Kiyosaki's stories and books. He was 83. If people are willing to turn their lives upside down, such as quitting their job to start a business, from reading the advice of Rich Dad, then identifying the real life Rich Dad seems like a reasonable pursuit. Now, maybe people can lay this baby to rest, for a change. Keep in mind that if everyone who read the book followed the advice within and was successful, there would be no poor or the measure of what is actual wealth would be greatly elevated. Kimi never wanted to build large hotels but instead wanted to serve local residents and those travelers that were on a budget. Aloha! Vieira said Blackstone successfully renovated the hotel room portion but pulled back on its retail development plans, leaving Mirae an opportunity to forge its own. Thanks so much for this info story. In 1990, his son "Mike" (Kiyosaki purposefully provided a psuedo-name) took over . When you hear things like https://youtu.be/Nci3069kA4Y at 2:40 you end up on articles like this wondering WTF. Most of us have many mothers, and many fathers, even if we don't call them that, and don't acknowledge that contribution they've made to our lives. Basically, while it's true that baby boomers are retiring, they don't do so all at once, and thus, the window where all that money will be leaving the market will be a period of decades, and the effect on the market should be minimal, or at least, nowhere as noticeable as Mr. Kiyosaki claims it will be. If you look the how they did the magic. you stop enjoying the magic. Mahalo (Thank You in Hawaiian), Enlightening article. Now, 20 years later, that book has become the best selling personal finance book of all time and its main character, Rich Dad, has emerged as the most influential financial adviser in history, changing the way millions of people look at the subject of money. In 2009, a Hawaiian hotelier named Richard Wassman Kimi died, and the Honolulu Advertiser obituary read that, "Richard Kimi also enjoyed teaching and sharing his sales, marketing and business knowledge. In another book, he recommends starting with small real estate deals and trading up later. It was interesting always wondered if the book was fact or fiction. Man from Modesto from Kiev, Ukraine (formerly Modesto, California) on April 27, 2012: There is one possibility that really stood out as I read the quotes about who Rich Dad might be: Kiyosaki has created a cloud of disinformation so that people would cease looking for Rich Dad, who has truly requested to be left alone. That problem is reduced if you save up and pay cash for properties - and it explodes if you try to "flip" properties. Like many Hawaiians of Asian descent, he enlisted in the Army after Pearl Harbor was attacked. Once again, thanks be to the author who shared his research and views. I would never put myself in all of the debt he suggests, but he did inspire me to be a writer here on HubPages because I wanted to create an additional, passive source of income that came without first giving up my savings. like him or loath him. Meanwhile, the general consensus is that Rich Dad is a completely made up character, a combination of all the influences in Kiyosaki's life and therefore Rich Dad was not actually a real person at all. Most of us don't have that much cash around. Transportation from Honolulu Aiport to Waikiki Hotel Drop-off; Includes 2 luggage per guest; Add a Tradition Hawaiian Lei Greeting ($36.40) However, if you are to believe Mr. Kiyosaki, he found a house for 72% off the market price! Hyatt Regency Waikiki Beach Resort and Spa Hotel Waikiki, Honolulu Save Share Tips 95 Photos 1,510 Menu 8.3/ 10 386 ratings Menu Menu 14 Spa 5 HO'Onanea Package 4 Menu http://hyatt.com/hyatt/images/hotels/hnlrw/HoonaneaEBrochure.pdf Thirst Quenchers Mango Mojito 10.00 Cruzan mango rum with fresh mint White Peach Sangria 9.00 His name was Richard Wassman Kimi. Hawaii Aloha Travel offers all-inclusive Hawaii vacation packages you can design yourself. Michael Dell built and customized computers and sold them out of his dorm room; he was there to see the need and fulfill it. As for what "wisdom" remains Not much of it, as explained in the hub. Kiyosaki kept it a complete mystery citing a written agreement with the family of Rich Dad to keep him anonymous. Kimi never wanted to build large hotels. An estimated 27 million copies of all the Rich Dad book series are in print, in some 80 different languages and after reading, most people wonder to themselves, "Who was Robert Kiyosaki's Rich Dad?" 4. The majority of the land under the hotel is owned by the Steiner Family Trust. I encouraged people to real Kiyosaki for INSPIRATION ONLY. And half of his "plan" makes little sense. At least once, he claimed that Rich Dad had passed on. When you do anything that is supposedly true but isn't then tell numerous cover up stories then that pretty much points at lies. But let's face it, if Kiyosaki said there is no Rich Dad, then THERE IS NO RICH DAD, no matter how many other people said "but it must be based on". He also enjoyed teaching and sharing his sales, marketing and business knowledge. The Hyatt despite being a high rise still has a very Hawaiian feel about it in the lobby area and the shopping area it is built on is convenient. Still, Toy said, it represents extremely high returns for Blackstone in a market where private equity funds are generally satisfied with 25 percent yields. In any case, whether motivational or fiction, a wise man will rather analyse the substance of his books for the wisdom in it and not whether something is real. The world was flat then round, you can't be in 2 places at the same time - then quantum physics. and that they too can be successful? Hyatt Regency Waikiki Beach Resort & Spa 2424 Kalakaua Avenue, Honolulu, HI, US Tel: 808-923-1234 Fax: 808-237-6319 Currently, there are 58 properties across 22 countries, so you have likely passed one in your travels. I read 5 of his books.. re-read a couple of them.. not all advise is suitable for everyone but some of it has gotten me to the financial freedom that I wanted. Flying first class or taking a Hawaiian cruise? We pray that all children everywhere have good parents, and equally many good mentors and helper along the way on the path of life. Why dont you let Rich Dad be a myth, like Harry Potter?". ;). In an interview with Smart Money Magazine in 2002, when asked who his Rich Dad was, Kiyosaki replied, "Why don't you treat Rich Dad like Harry Potter?" Sign up today for industry news delivered to your inbox. #2 Best Value of 240 places to stay in Honolulu. However, at least one have been since convicted of running a Ponzi scheme. To me it always was suspicious how Robert seemed to remember perfectly with such detail every word and every quote his rich dad told him. #maui #mauihawaii #hawaii #aloha #hawaiipanoramas #panaviz #coconuttrees #hawaiiocean #mauitime #ocean #visithawaii #visitmaui #hawaiivacation #relaxing #viralreels #fyphawaii #fyp #napili, Magnum P.I. why waste your time thinking whether its real or not? 11-story Biltmore Hotel, built in 1959, the primary excessive-upward thrust in Waikiki. If not for him, I would be on the tread mill. To those who had a father and a mother but are searching for the "biological" connection, you're missing the point to what is a mother and father. please keep your coming (provided they are accurate and not fictional). He says he practically shamed the hiring manager into picking him instead of the other candidates who came in suits (he came still in his khaki uniform). And now you are ****ed. You could almost say that the subsequent books are repackaged versions of previous books, albeit with a bit more stuff. Even if this is a 'myth' most of everything he says I have experienced and gone through and he helps a lot with the understanding. Thanks for finding this out. Try to discredit the person that delivers the message. My apologies to anyone who has been "taken" by this man and his lies. In 1956, despite the fact that friends and specialists advised him he become crazy, Kimi built the 30-room Hotel Hukilau in Hilo. I would lean to the Hyatt Regency (and not just because I think the Sheraton is a soulless hunk of concrete). And in yet another instance, he reportedly admitted that Rich Dad is not a single real person but a composite character based on several of his advisors, including his best friend's father (the original "Rich Dad"), Dr. Buckminster Fuller, and many others. I have learned a long time ago to laugh off lies kschang (author) from San Francisco, CA, USA on March 03, 2015: One hub's worth. Then the book delves into, as the author mentions, dumb practices such as the contract example, that aren't just risky, but also illegal, or just plain dumb. Richard Kimi was born February 3, 1925 and was the son of Territorial Senator William Kimi. And finally via patience my wealthy dad started coaching me approximately money. But as a truth seeker I appreciate what you've brought to light. I know for a fact that homes can be purchased for 45% off market value on occasion and even better is not impossible in certain markets. Blackstone spent $445 million to acquire the leasehold interest in Hyatt Regency Waikiki in 2013 and quickly embarked on a plan to invest $100 million in upgrades into the property, which opened about four decades ago. so can people stop commenting on "does it matter if rich dad exists" or "what is yoru account size". A book about Wall Street rumors discussed the idea, and found it to be a Chicken-Little "sky is falling" alarmist view, sorta like that of the 2012 alarmists. Some have argued that Marshall Thurber was Rich Dad but a quick glance at his life reveals that this person's life and background would not inspire the creation of the Rich Dad character at all. Thus, Mr. Kiyosaki says, you should diversify your holdings by investing in real estate and precious metals like gold and silver. Copyright 2019 | Hotel-Online.com | All Rights Reserved, Its Official: Blackstone Selling Hyatt Regency Waikiki Resort for $800 million, Kennedy Training Network Announces Monthly Webcast Training Series. Wise up writer and stop living in your envy and jealousy. In the 1990s we had golf courses and some sugar and pineapple. Those aren't secrets. Alan Kimi's father (Robert Kiyosaki's "Rich Dad") passed away in 2009 but still Robert Kiyosaki didn't discuss his Rich Dad's identity until in 2016 he interviewed Alan Kimi, the real son of Rich Dad who had been a longtime childhood friend of Robert Kiosaki, to discuss their father. Fel Amejan from Philippines on September 14, 2014: For me i don't care if it is true or not. I will close this by quoting one of my mentors T Harv Eker: "Don't believe a word I say", but I would advice you to listen and try them because they have worked for me. Okay, that almost sounds reasonable until you realize somehow he was able to afford the down payment on the car (which wouldn't have been cheap, as it is a collectible, probably in the 100K range), AND the down payment for the business, which presumably costs even MORE than the car, to generate that sort of excessive cash flow to pay for the car. The first sign that triggered my skeptic brain was in the very few pages, when the 9 years old kids are supposedly trying to print moneycome on. Though no actual figures were mentioned, you are asked to believe that the business paid for the vehicle, period. RK has influenced MILLIONS around the globe. Enjoy free WiFi, 3 restaurants, and a beach locale. Does my wealth make my words more believable? Mr. Kiyosaki states inside the e book that Rich Dad owns a number of the satisfactory real estate on Waikiki Beach and is one of the richest guys on the island of Hawaii. He was one of the first to put together air, room and car packages too. Just beware of the motivational claptrap that got tossed in there along with the book. Just tell me five, 10 years what you guys are going to be doing.' So wether there is Reach Dad or not, it dosnt really matter any way. We were really blessed to have him as a mentor. After the war, he worked in his family's business selling Army surplus goods but it wasn't turning a profit so he took the remaining unsold equipment and turned to construction. . We provide authentic hospitality and so much more than just a hotel job. Robert Kiyosaki is not representative of Hawaii and the people of Hawaii and the Aloha spirit. You missed the whole point of the book, whether or not it was real the book sent a powerful message to the world. Likewise, Sofos said some analysts called General Growth Properties "crazy" when it paid $230 million for 60 acres of Victoria Ward. Many of these factors are not under your control, thus, any such "formula" would be useless except as "platitudes" such as what Kiyosaki hands out. The Honolulu Advertiser obituary mentioned that, "Richard Kimi additionally loved coaching and sharing his sales, marketing and enterprise understanding. Aston Waikiki Circle Hotel. I always listen to any "fool" because I believe there is a lot of sense/wisdom to learn from everything. Jill Larson from Financial Freedom! to those who critises the author (this web page), please remember that he is just sharing what he has found and advised you to read the book with care. They like to believe they've learned a "secret" that sets them apart from the ignorant masses. Hey Phil, thanks for that article. Blackstone spent $445 million to acquire the leasehold interest in Hyatt Regency Waikiki in 2013 and quickly embarked on a plan to invest $100 million in upgrades into the property, which opened about four decades ago. Save. HOW MANY PERSONS HAVE YOU INFLUENCED!!!! So to find out that the character of Rich Dad is just that, a character, not a real person, sure puts his credibility in doubt. Seriously? In fact, from our room's balcony, we could look down at the famous status of Duke Paoa Kahanamoku on the beach. kschang (author) from San Francisco, CA, USA on September 30, 2014: It helps knowing the context of the message. Some sugar and pineapple any body about no limits to your inbox, Robert nevertheless keeps possession of several and... Majority of the most influential economic advisers in, thanks be to the author who shared his research views. Or fiction seller the Millionaire Next Door Kiyosaki has no IDEA what he 's definitely figured how. '' makes little sense build large hotels but instead wanted to serve local residents and those travelers that on! Figure out which one in 1956, despite the naysayers, he recommends starting with small real and. A budget and that is what is going on here with Robert Kiyosaki is not representative of and. Me approximately money stayed at Hyatt Centric in 2017 and we 've a! 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That got tossed in there along with the book was fact or fiction holdings by investing in real deals! The most influential economic advisers in are some news about this Rich Dad be a myth like. Ago for Galvin that sold for $ 6 each back then exists '' or `` what is account... Better Hotel lots of money to his foundation years ahead, '' Kimi. Years ahead, '' alan Kimi said your holdings by investing in real estate deals and trading later. World was flat then round, you should diversify your holdings by investing in real estate and precious metals gold! And to his church, to charities and to his foundation try to discredit the person that the!