Robert Kiyosaki, Rich Dad, Poor Dad, MLMs, and MonaVie

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MonaVie distributors love to claim that famous top-selling business author, Robert Kiyosaki is a supporter of MonaVie. They’ll tell you to go read Rich Dad, Poor Dad – his most famous book. What they don’t tell you is that the book clearly and directly against MonaVie. On page 61 of my paperback version, there’s a description of liabilities. For those unfamiliar with the business term, it can roughly be described as a recurring expense. A cable bill could be considered a liability since it’s likely to drain money from your bank account. MonaVie is another example of a liability since MonaVie’s policy of building the business requires the recurring expense of buying product.

Beyond that it’s important to note that Robert Kiyosaki has not made any money from multilevel network marketing. I do not believe he is a MonaVie distributor, which should speak volumes right there. (I could be wrong about the previous two sentences and I welcome anyone willing to provide evidence to the contrary).

Kiyosaki’s book Rich Dad, Poor Dad got its start from being featured in Amway — see The Section of Creature of Amway… so it’s little surprise that he might be paying it back to the MLM organizations. Of course that doesn’t mean he really believe in MLMs or MonaVie. He doesn’t put his money where his mouth his and actually build an MLM business (see previous paragraph).

Furthermore, many personal finance people critique Robert Kiyosaki as not delivering sound financial advice. These include The Simple Dollar, and Generation X Finance (note the title of him being “off his rocker again”). ABC’s 20/20 put his advice to the test by giving three people $1000 and giving them the goal of making a return on it in 20 days. Kiyosaki coached them personally. It was pretty much a resounding failure with all contestants saying, Kiyosaki never gave concrete advice. “All [Kiyosaki] does is, I guess, is open your mind to the possibility. He doesn’t tell you how to do it.”

The last point is consistent with reviews that say, “The book is more of a motivational book to get readers thinking about money, rather than a step by step guide to wealth. Rich Dad, Poor Dad is written in an entertaining anecdotal manner that makes a topic that many avoid (finances), interesting.”

It is worth noting that Kiyosaki admits that Rich Dad and Poor Dad never existed. It’s a fictional story. I don’t really view that as an overly negative thing, except that it is never disclosed as such in the book itself. It’s more evidence that the book is about entertaining more than it is about teaching sound personal finance principles.

It is quite possible that Kiyosaki is scamming people himself. This investigative report shows that Kiyosaki has free seminars designed to get people pay more for expensive training (classes that cost up to $45,000). Part of that training included asking people to raise their credit card limits, which Kiyosaki admitted was poor advice. It is probably wise to listen to people like Jean Chatzky, Suze Orman, Dave Ramsey, or David Bach. I’m not a fan of all these people, but they give much more sound personal finance advice than Kiyosak… and they don’t try to charge you $45,000 for training. (Thanks for the link, Anonymous Aussie.)

Originally posted 2010-06-30 07:02:04. Republished by Blog Post Promoter

The above article is intended to be accurate at the time of its original posting. MonaVie may change its pricing, product, or other policies at any time without notice.

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Posted by MonaVie Scam on October 28, 2017 in monavie. You can skip to the end and leave a response. Pinging is currently not allowed.

20 Responses to “Robert Kiyosaki, Rich Dad, Poor Dad, MLMs, and MonaVie”
  1. Larry Says:

    Nice move scam Take every rebuttal from Monavie supports and make a post about it and pass your opinion off as fact! Nice strategy. However you are truly the big deciever here as you truly act of of blindness when in fact you have 0 face to face and 0 experience with any representative of money in person. You judge without knowing anything. Your hatred and cronies have egged you on and now you can’t stop the hate. You will stop at nothing to be proven right. It’s obvious with all these new topics. Also nice strategy using the editors note under Tom’s quotes and putting them in bold so they standout more. Use a level playing field.

  2. MonaVie Scam Says:

    I’m not exactly sure where my opinion came into the above article. I presented facts about Kiyosaki, his reputation, and his teachings. All the information in these facts were well-cited. I didn’t invent any new information that wasn’t already out there.

    I create new topics because I hate to address the old ones over and over again. I have addressed the Kiyosaki point a number of times. It’s time that the information got surfaced where everyone with questions about MonaVie and Kiyosaki can find them.

    Most people correctly judge a number of things without experience. Think about crystal meth, Russian roulette, etc. It is a sign of intelligence to realize that it’s a scam without actually being scammed. Would you say to a mouse, you judge that mouse trap without any experience.

    I continually show that I know more about the product than high-ranking distributors like Mitch Biggs and he’s allowed to distribute juice and tell lies about it. See: Mitch Biggs Claims MonaVie Prevents Swine Flu and Mitch Biggs Claims MonaVie is Organic (and Other Lies).

    I use the Editor’s Note because I want to make sure people realize that we are different people. I don’t respond in the post as i did with you because he’ll make 100 points in one comment. I want to make sure he knows that I’m addressing each one so he can’t cry and chest-thump that he beat me if I miss one.

  3. Jim Widmann Says:

    Whats your motivation anyway.
    Your kind of funny on one hand you use the credibility and words from a book written by Robert Kiyosaki then you proceed in your next paragraph to discredit the very man you just used.
    That’s hilarious

  4. MonaVie Scam Says:

    My motivation is help people not be scammed into buying or selling $45 juice (or even $30 juice).

    Thanks for the compliment on being funny. I guess it happens to come out even when I’m not trying.

    The idea was to point out that Kiyosaki does not recommend MonaVie as most MonaVie distributors suggest. Then I took it a step further so that if MonaVie pays him some money to recommend MonaVie (which is definitely in the realm of possibility), everyone will see that others have completely discredited already. (That fire needs no kindling from me.)

  5. Tom Says:

    Nobody said Kiyosaki recommends MV. You stated almost as a fact – that he specifically would not recommend MV – which is not true. [Editor’s Note: There are plenty of websites that do say Kiyosaki recommends MonaVie. I’ll give one example: Robert Kiyosaki : Is Mona·Vie The Perfect Business? The title alone says it all.]

    However, Robert Kiyosaki does recommend network marketing (MLMs) as a way to get rich.

    He would not not discredit MV for its auto-ship policy – because it does not have to be anybody’s liability – nobody who is distributor at MV is required to be on auto-ship, even though you misinformed people on this subject – if someone has two preferred customers buying 4 cases a month – this is enough to fulfill the distributor’s purchase requirement to keep his or her activity going for next 4 week-period without need to purchase anything. [Editor’s Note: It is indeed true that Kiyosaki would not recommend MonaVie. He says to avoid liabilities quite clearly. The fact that you mentioned “fulfill the distributor’s purchase requirement to keep his or her activity going” proves that it’s a liability. I especially ask that you focus on your words of “purchase requirement.” That’s very much a liability.]

    The fact Kiyosaki made his money not in network marketing makes his stand and positive opinion on MLMs even stronger. [Editor’s Note: The fact that Kiyosaki has chosen to not do any MLM business makes his opinion much weaker. There’s an old saying… put your money where your mouth is. He clearly isn’t doing that. If MLMs and MonaVie are so great he should be a black diamond by now.]

    I told you MonaVie scam that you are losing this battle – go and find these 50 other MLM companies offering acai and start hating them too. I said your tactics are horrific – shifting topics so that you can delete comments that do not fit your style, censoring your opponents, group-think persuasion tactics etc. [Editor’s Note: It’s great that you tell me that I’m losing the battle, but it’s clearly not the case. I don’t delete any comments as long as they are on topic. I delete ones that are just meant to be bickering noise. There’s no censorship here or I would have banned you from commenting long ago.]

    I do not want to scare you, but you’ll see the MV is the best one out there among all different MLM opportunities. [Editor’s Note: The best of a really bad group is not all that good.]

    Personally, I am grateful for MV products and the fact the company is distributing its products the way it does. It allowed me and my family to purchase this great juice for less than $5 a bottle (with all the commissions I received and expenses I incurred). So, MonaVie Scam thank you for your kind concern for me as a customer – I am not subject to any scam – I made my own decision to get involved in MV to be able to buy their products cheaper than one could imagine it is possible. [Editor’s Note: That’s fine for you, but as you know it’s a pyramid scam… Is everyone in your downline doing the same? MonaVie isn’t in the business of giving $5 juice – you only get it cheap because a group of others is subsidizing you. You’d all do better to quit and agree to keep the money for yourself.]

    Thank you for your great concern – maybe now you can shift your motivation to help others do what I do – buy this juice cheaper. [Editor’s Note: It’s extremely selfish of you to focus on getting your juice cheap when you know that its on the backs of everyone you “share” the juice with.]

  6. Jeremiah Says:

    Thanks for quoting my site. Love ya!
    The title of the post is a question. You have your answer. I have mine.

  7. Jeremiah Says:

    OOOh thanks for the friendly reminder about the MonaVie Independent Distributor Number. Yea. I am proud distributor #2507321

  8. MonaVie Scam Says:

    The title of the post is not a question.

  9. Anonymous Aussie Says:

    This is an article on Robert Kiyosaki I hadn’t seen previously – thought I’d share.

    http://www.cbc.ca/marketplace/2010/road_to_rich_dad/main.html

  10. MonaVie Scam Says:

    That’s an awesome link Aussie. I included it in the article itself.

  11. Candace Says:

    I daresay the only thing Kiyosaki likes and would recommend about MLMs is the fact that it is a GREAT vehicle to market his sham get rich books through.

  12. Humiliated Says:

    Aussie, I gave Candace credit for posting the CBC interview/expose and it was you! I apologize. Anyways, my skin was crawling watching it. It is clear that Kiyosaki is responsible for the actions of his obnoxious & abusive “trainers” yet he refuses to take ANY responsibility, playing the blame game. “I didn’t do it….HE (his partner) did it….”. Such infantile behavior. Ugh.

  13. Anonymous Aussie Says:

    Humiliated, Kiyosaki’s behaviour is representative of the industry he’s in – accountability is not an option.

  14. Candace Says:

    Kyosaki supports any MLM that promotes his books and sells them to their brainwashed recruits. It’s how he makes his money. Always follow the money. He said the same things about (SC)Amway years ago.

    Humiliated, no worries. Aussie rocks. We’ve all contributed much info over the past 2 and 1/2 years. Sometimes, it gets confusing as to who wrote what. I’ll take being mistaken for Aussie on this one. ;-)

  15. rip off Says:

    I had to agreed with you folks. I signed up with his so called “personal coaching program”. After 2 weeks, the truth begin to unfold. The customer services is a disgrace. I wrote in for an equired by 2 weeks no reply what ever so. Then when i post questions to the so called personal coach no reply either. Paying 7grand for this program is defiently not worth it. They charge the 7 grand to your credit card and what they had done is what Robert philosopy.

    “Your libilities is someone else asset”
    So your liabilities (7k) now your credit card is their asset. They dont teach you ways on how to solve the liabilities they had created for you.

    Worse, Robert company mission is “Elevating the financial status of the poor” Dont you think it ironic. How can any poor fellow in the street able to afford the 7 grand if Robert mission is to help the poor.

  16. MadScientistMatt Says:

    I could see Kiyosaki spotting a business opportunity at a Team MonaVie meeting: He’d offer them a juice blend that he’d say does the same things for 2/3 of the price with a better commission structure and see if he could talk them into switching to him as a supplier. Then he’d go home and figure out where he’d get the juice later.

    It’s pretty clear that in Kiyosaki-speak that the distributors are in the E or S quadrant, even if they’re pretending they aren’t. Kiyosaki would go for the real B part here, selling them fruit punch at a huge mark-up.

  17. Vogel Says:

    I’m not familar with Kiyosaki’s lexicon, but I agree with the underlying logic of your post. A shrewd individual would always be looking to build a better mousetrap so to speak — i.e. not simply continuing to flog the same inferior insanely-high priced product in an unreceptive and virtually nonexistent market. You’d try to sell a product that offered the best overall value and which could compete in the open market. The Monavie business model seems anthithetical to the notion of capitalism. At the very least, distributors should be aware of obvious market barriers, like the fact that better quality juices can be purchased (more coveniently) for 1/10 to 1/20 the cost, and that Monavie is available on Bay at or below the lowest wholesale price.

    In short, no one in their right mind, even Kiyosaki, would recommend Monavie as a business opportunity. Like Lazyman has said all along, Monavie is a massive finacial liability, and one that’s very easy to avoid — just don’t buy the juice.

  18. MadScientistMatt Says:

    The Kiyosaki-speak was for the benefit (ok, bait) of MonaVie advocates claiming he approves of their business model. On further reflection, though, MonaVie doesn’t even belong in his Cashflow Quadrant, since the cash is generally flowing in the wrong direction.

  19. jim Says:

    Out of curiousity I read Rich Dad Poor Dad. I only wonder why it isn’t catorgorized under fiction. Did a google search and found an extrodianary debunking of the book and author. All you’ll ever need to know and more if somebody ever brings this topic up.
    http://www.johntreed.com/Kiyosaki.html

  20. MonaVie Scam Says:

    That John T Reed guy is on Kiyosaki, like I’m on MonaVie – has been for years. I thought I had pointed it out, but maybe I skipped it because MLM-fans would say, “Who is John T. Reed anyway?”

    I did try to point out the fiction of the book, when I said, “It is worth noting that Kiyosaki admits that Rich Dad and Poor Dad never existed. It’s a fictional story. I don’t really view that as an overly negative thing, except that it is never disclosed as such in the book itself.”

    It would be hard for them to find a less reputable person to have as a hero. I take that back, they found Lou Niles.

 
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