Series: Rich Dad's Advisors
Audio CD: 1 pages
Publisher: Hachette Audio; Unabridged edition (March 1, 2003)
Language: English
ISBN-10: 1586214667
ISBN-13: 978-1586214661
Product Dimensions: 5.1 x 0.8 x 5.8 inches
Shipping Weight: 4.5 ounces
Average Customer Review: 4.1 out of 5 stars See all reviews (82 customer reviews)
Best Sellers Rank: #762,565 in Books (See Top 100 in Books) #73 in Books > Books on CD > Business > Personal Finance #253 in Books > Books on CD > Business > Management #562 in Books > Books on CD > Business > General
Almost everyone will either start-up a new business or invest in one at some point. Almost all of these investments will be unsuccessful. Most people will think that they merely have their investment sums at risk. Take the wrong approach to structuring the investment legally, however, and your whole career and life savings can be at risk. If you carefully follow this book's advice, none of these investments will cost you anything more than you planned to lose in the worst case.When Robert Kiyosaki was a youngster, he loved to read about the early explorers like Columbus and Magellan. His Rich Dad encouraged him to also study those who financed the explorers, to learn about how they managed their risk and reward to expand and protect their wealth. "Don't climb the corporate ladder, why not own the corporate ladder?" was other advice that Rich Dad gave. To do this, Mr. Kiyosaki advises you to "find a good attorney and use him or her as your advisor on this important subject."Own Your Own Corporation does an excellent job of explaining the various advantages and disadvantages of C and S Corporations, Limited Liability Companies, and Limited Partnerships from the legal perspective of how to save money on taxes and protect yourself from successful attacks on your personal assets. I particularly liked the way that the usual legal gobbledegook was avoided, and the ideas expressed in clear, simple language.As a lawyer, I felt that the work was highly accurate and well presented for a layperson. I was especially impressed with the very long appendix that outlined the legal circumstances in each state. On the other hand, the book makes it clear that you should get some legal and accounting help to make sure that you do things properly.
Rich Dad Advisor's Series: Own Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them (Rich Dad's Advisors) Rich Dad Advisors: Buying and Selling a Business: How You Can Win in the Business Quadrant (Rich Dad's Advisors (Audio)) Real Estate Riches: How to Become Rich Using Your Banker's Money (Rich Dad's Advisors) How to Form a Nonprofit Corporation (National Edition): A Step-by-Step Guide to Forming a 501(c)(3) Nonprofit in Any State (How to Form Your Own Nonprofit Corporation) Rich Dad Poor Dad: What the Rich Teach Their Kids About Money - That the Poor and Middle Class Do Not! Rich Dad's Retire Young Retire Rich: How to Get Rich and Stay Rich Retire Young Retire Rich: How to Get Rich Quickly and Stay Rich Forever! (Rich Dad's (Paperback)) Rich Dad Advisors: Sales Dogs: You Don't Have to Be an Attack Dog to Explode Your Income Rich Dad Advisors: Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes The ABCs of Property Management: What You Need to Know to Maximize Your Money Now (Rich Dad Advisors) Rich Dad's Advisors: OPM: How to Attract Other People's Money for Your Investments--The Ultimate Leverage Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes (Rich Dad Advisors) The Essential Advisor: Building Value in the Investor-Advisor Relationship The Advanced Guide to Real Estate Investing: How to Identify the Hottest Markets and Secure the Best Deals (Rich Dad's Advisors (Paperback)) Rich Dad Advisors: Writing Winning Business Plans: How to Prepare a Business Plan That Investors Will Want to Read - and Invest In The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss (Rich Dad's Advisors (Paperback)) Loopholes of Real Estate: Secrets of Successful Real Estate Investing (Rich Dad Advisors) Loopholes of Real Estate (Rich Dad's Advisors (Paperback)) Rich Dad's Advisors: SalesDogs®: You Do Not Have to Be an Attack Dog to Be Successful in Sales Why Can't I Learn Like Everyone Else: Youth With Learning Disabilities (Youth With Special Needs)