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Hello, everyone! Today, we’re diving into one of the most powerful topics that affects every single one of us—how to take control of our financial future, build lasting wealth, and create the kind of life we dream of living. And we have some of the most brilliant minds and trailblazers in the world here to share their insights with us today!
We’re talking with Robert Kiyosaki, the man behind the Cashflow Quadrant, whose lessons on financial freedom have transformed how millions of people think about money. We have Elon Musk, the visionary who’s taken bold risks to change industries and inspire innovation. The incredible Tony Robbins is here to talk about personal growth, leadership, and how to master multiple streams of income. Richard Branson—the iconic entrepreneur—joins us to share how building relationships and networks have helped him build an empire. And that’s not all, we’ll also hear from the brilliant Adam Grant on how giving can lead to long-term success, and John Maxwell on the power of leadership and relationships. Plus, we have Sara Blakely, Peter Thiel, Mark Cuban, and Grant Cardone bringing their expert insights into how to take risks, leverage opportunities, and build wealth in real estate and business.
This is going to be an inspiring, eye-opening imaginary conversation about how to take control of your financial destiny, so you don’t want to miss a second of it!

Foundations of Financial Intelligence and Growth
Nick Sasaki:
"Welcome, everyone! Today, we’re diving into a crucial topic for anyone seeking financial freedom: Foundations of Financial Intelligence and Growth. Joining us are four thought leaders in the financial and entrepreneurial space: Robert Kiyosaki, Naval Ravikant, Gary Vaynerchuk, and Morgan Housel. Let’s get started with a big question: What does it mean to have financial intelligence, and why is it so critical for personal success?"
Robert Kiyosaki:
"Thanks, Nick. Financial intelligence, to me, is about understanding how money works—not just earning it but knowing how to make it work for you. Many people think a higher income means financial success, but that’s not the case. It’s about managing your money, investing in assets, and creating cash flow that doesn’t rely on your direct effort. Without financial intelligence, you’re working hard, but not building wealth. You have to get out of the ‘earn-and-spend’ cycle."
Naval Ravikant:
"I completely agree with Robert. I’d add that financial intelligence also involves the ability to detach yourself from the need for money. True financial intelligence is knowing how to escape the rat race by leveraging technology, capital, or skills that scale. You have to realize that money isn’t just something you trade time for—money is a tool you use to gain freedom. Once you understand that, you shift your focus to building systems, whether through investing, creating products, or building a business that can function without you being there every day."
Gary Vaynerchuk:
"Yes! One of the things I talk about often is the importance of self-awareness in financial intelligence. You have to know your strengths and be willing to double down on what you’re good at. In today’s world, people underestimate the power of social capital—how building a personal brand, especially on social media, can lead to financial growth. You’re leveraging yourself and your skills, but the best part is, once you build that personal brand, it can generate opportunities that multiply without you having to trade time for money directly."
Morgan Housel:
"Great points, everyone. What strikes me about financial intelligence is how it’s deeply tied to behavior, more than knowledge. You can have all the information on investing or building wealth, but if your behavior around money isn’t disciplined, you’re not going to get anywhere. People think wealth comes from big swings, but it’s usually the result of consistent, thoughtful decisions over a long period. Financial intelligence is about understanding how your decisions today affect your future wealth—not just in terms of earning but how you save, invest, and spend."
Nick Sasaki:
"Interesting! So, in a world where information about money is so widely available, why do you think so many people still struggle with developing financial intelligence?"
Robert Kiyosaki:
"It comes down to education—or the lack of it. Our schools teach us how to be employees, but they don’t teach us how to manage money or build wealth. Most people are trained to follow the ‘safe path’ of getting a job, working for a paycheck, and saving a little. They aren’t taught how to invest in assets or think like entrepreneurs. Financial intelligence isn’t just about knowing numbers; it’s about changing your mindset and habits around money. It’s breaking free from the employee mindset."
Naval Ravikant:
"Exactly. The traditional educational system teaches compliance, not creativity or entrepreneurial thinking. Schools teach you to follow rules, and in the process, they strip away the curiosity needed to innovate and take risks. Financial intelligence often requires you to unlearn what you've been taught and start thinking for yourself. It’s about taking ownership of your financial destiny and realizing that the old paths—like saving money in a bank account—are no longer effective in a world where inflation and technology are constantly changing the rules."
Gary Vaynerchuk:
"I think fear also plays a big role. People are afraid of making mistakes with money, so they stick with what’s comfortable. They fear losing money, and that prevents them from taking calculated risks that could actually set them free. But what people don’t realize is that fear keeps them stuck in mediocrity. You’ve got to have the guts to play the long game, make those tough decisions, and learn from the process. Most people don't fail because they're not smart enough—they fail because they don’t even try."
Morgan Housel:
"And adding to that, I think there’s also a misunderstanding about what wealth really is. Most people think wealth is about flashy cars or big houses, but true wealth is the ability to live life on your terms. Wealth is freedom. It’s not about how much you make, but how much you keep and how much time you can buy back with your financial decisions. That’s why developing financial intelligence is so important—it allows you to make decisions that give you more control over your time and your life."
Nick Sasaki:
"These are such valuable insights. Let’s talk more about taking control. For those listening who might be struggling financially right now, what’s the first step they should take to start building this financial intelligence?"
Robert Kiyosaki:
"Start with self-education. Read books, listen to podcasts, learn about how money works. But beyond just learning, you need to start taking action, even small steps. Begin investing in assets—stocks, real estate, or even starting a small business. Don’t be afraid to fail. Every failure teaches you something, and those lessons are part of developing financial intelligence."
Naval Ravikant:
"I would add, simplify your life. Focus on reducing your liabilities and creating an environment where you can take risks without feeling desperate. The first thing you need to do is buy back your time. The less dependent you are on a paycheck, the more creative and intelligent your financial decisions will become. It’s easier to think strategically about wealth when your basic needs are covered."
Gary Vaynerchuk:
"Start doing, right away. Too many people consume endless information without taking action. Build your personal brand, start creating content, get involved in communities where financial literacy is discussed. You don’t need to have all the answers right now. Just get moving, and the path will reveal itself as you take action."
Morgan Housel:
"Absolutely. And remember, patience is key. Building wealth through financial intelligence takes time. It’s not about chasing quick gains or shortcuts. It’s about making consistent, disciplined decisions over time that lead to compounding results. The first step is realizing that the journey is long, but the rewards are worth it."
Nick Sasaki:
"Thank you, Robert, Naval, Gary, and Morgan, for these insightful contributions. The path to financial intelligence and growth may not always be easy, but as our panelists have shared, it's absolutely achievable. It’s about taking control, continuously learning, and making smart decisions over time. I hope this conversation inspires everyone listening to start—or continue—on their journey to financial freedom."
The Importance of Assets and Cash Flow
Nick Sasaki:
"Welcome back, everyone! Today, we’re discussing a fundamental aspect of financial freedom: The Importance of Assets and Cash Flow. We have with us Robert Kiyosaki, Grant Cardone, Ken McElroy, and Mark Cuban—four experts who know exactly what it takes to build wealth through assets and smart financial strategies. Let’s dive in. Robert, you’ve always emphasized the idea that assets are key to financial freedom. Why is focusing on assets so crucial in the path to financial success?"
Robert Kiyosaki:
"Thanks, Nick. Assets are the foundation of wealth because they generate cash flow. Unlike liabilities, which take money out of your pocket, assets put money in. The reason so many people struggle financially is that they work for money instead of letting their money work for them. An asset could be a business, a piece of real estate, or even intellectual property. The more assets you own, the more income you generate passively. And that’s the key to financial freedom—you don’t want to be stuck trading time for money all your life."
Grant Cardone:
"Totally, Robert. I tell people all the time that cash is garbage. If you’re just sitting on money, you’re losing because inflation is eating away at it. You’ve got to invest that cash into assets that produce cash flow. Real estate, for example, is my favorite because it’s a hard asset that can appreciate, and it produces income every month. It’s not enough to just make money; you need to find a place to put it so it grows and works for you. The average person is focused on saving, but the wealthy focus on investing in assets."
Ken McElroy:
"Absolutely, Grant. Real estate is powerful because it’s a long-term asset that offers both cash flow and appreciation. The great thing about real estate is that you can leverage other people’s money to acquire it—banks will loan you money for real estate in ways they wouldn’t for most other assets. And once you own that asset, it’s like owning a money machine that works for you 24/7. The key is to focus on acquiring income-generating properties and not just thinking about appreciation."
Mark Cuban:
"I agree with a lot of what’s been said, but I’d also add that cash flow is king. You can have a ton of assets, but if they aren’t generating cash flow, they aren’t really helping you live your life or grow your business. I’ve seen plenty of people get stuck in businesses that look good on paper, but they’re not bringing in enough cash to survive. So, I always focus on building businesses or buying assets that create positive cash flow. Whether it’s through your investments or business, the goal should always be to increase cash flow and use that to reinvest or grow."
Nick Sasaki:
"Great points! Let’s talk a bit more about real estate, since that seems to be a common asset of choice here. Ken, you’ve been deeply involved in real estate for years. Why do you think real estate is such a powerful asset for creating cash flow?"
Ken McElroy:
"Real estate is unique because it’s tangible, and it’s something that people always need—whether it’s residential or commercial. The best part is the ability to use leverage. You don’t need to have all the money upfront to acquire real estate. The bank provides a large portion of the financing, and if you manage it correctly, your tenants effectively pay off your loan through the rent they pay. Plus, with the right properties, you can increase cash flow over time by raising rents or improving the property. It’s one of the few assets that can create both cash flow and grow in value."
Robert Kiyosaki:
"Ken’s absolutely right. Real estate is one of my favorite assets because it’s accessible to most people. You don’t need to be a millionaire to start investing in real estate. And once you understand how to make money from it, whether through rental income or flipping properties, you realize that it can be your key to escaping the rat race. The secret is to keep acquiring more and more income-generating properties, and eventually, the cash flow from those assets will replace your earned income."
Grant Cardone:
"And let me add this—don’t be afraid to go big. Too many people think small, buying one house or a duplex. But the real wealth is in multifamily properties or commercial real estate. You want to scale. The more doors you have, the more cash flow you get. And when the market appreciates, you benefit in a big way. The wealthy aren’t playing with single-family homes; they’re buying apartment complexes and buildings that can create massive cash flow."
Mark Cuban:
"I think the key takeaway for people here is that you need to be smart about how you invest. Real estate is great, but you’ve got to know what you’re doing. There’s no such thing as easy money. You’ve got to understand the market, know how to manage properties, and make sure your investments are creating the cash flow you need. It’s not just about owning an asset—it’s about making that asset work for you every single day."
Nick Sasaki:
"Absolutely, Mark. So, for someone just starting out, what should be the first steps they take in building cash flow through assets? How can they ensure they are investing wisely?"
Robert Kiyosaki:
"First, start by educating yourself. Whether it’s real estate, stocks, or starting a business, you need to know how those assets generate income. Once you’ve done your homework, start small, but make sure you’re investing in assets that will grow and generate cash flow. Don’t waste time trying to save your way to wealth—investing is key. And most importantly, don’t be afraid to make mistakes. Every investment is a learning experience."
Grant Cardone:
"I’d say don’t wait. Too many people sit on the sidelines waiting for the perfect opportunity or until they have a ton of money saved. You’ll never have enough saved. You’ve got to start investing now, even if it’s with a small property or a piece of stock. Just get in the game. And like Robert said, make sure it’s an asset that’s going to pay you back every month, not one that costs you money."
Ken McElroy:
"Start by looking at your local market and identifying cash-flowing opportunities. Don’t get too caught up in market timing—there’s always a deal if you know where to look. And don’t forget about leveraging other people’s money. You don’t need to use all your own cash. Look for ways to partner with others or use financing to scale your investments faster."
Mark Cuban:
"My advice is to focus on things you understand. If real estate isn’t your thing, don’t force it. Find an asset class that makes sense for you, whether it’s starting a business or investing in stocks. And always ask yourself, ‘How does this generate cash flow?’ If the answer isn’t clear, rethink that investment. Cash flow is what will allow you to reinvest and grow your wealth."
Nick Sasaki:
"Great advice, everyone. It’s clear that focusing on assets and cash flow is the cornerstone of financial freedom, and it’s something anyone can begin working on with the right mindset and strategy. Thank you, Robert, Grant, Ken, and Mark, for these valuable insights. For those listening, it’s time to start thinking about how you can build your own cash-flowing assets and move closer to financial independence."
Leverage, Business Ownership, and Multiple Income Streams
Nick Sasaki:
"Welcome, everyone! Today, we're exploring a vital topic for wealth-building: Leverage, Business Ownership, and Multiple Income Streams. Joining us are Robert Kiyosaki, Tony Robbins, Jeff Bezos, and Kevin O'Leary, all experts who understand how to create multiple streams of income and use leverage to their advantage. Let's start with the big question. Robert, in your books, you've always emphasized the importance of using leverage and creating multiple streams of income. Why is this so essential for achieving financial freedom?"
Robert Kiyosaki:
"Thanks, Nick. Leverage is everything when it comes to building wealth. Most people think leverage is just about borrowing money, but it’s much more than that. It’s about using other people’s time, resources, and talents to build your business and income streams. When you leverage, you stop trading your time for money and start scaling. And the key to long-term financial freedom is creating multiple streams of income—whether from businesses, real estate, or investments. The more sources of income you have, the more secure your financial future becomes. You never want to rely on just one stream."
Tony Robbins:
"I completely agree, Robert. Leverage allows you to do what most people can’t—achieve exponential growth. In my own life, I’ve learned that success isn’t just about hard work; it’s about working smarter and multiplying your efforts. Leverage lets you do that. And when it comes to income streams, you need to diversify. The wealthiest people don’t have just one source of income. They have businesses, investments, partnerships, and assets working for them. It’s about creating financial security that’s independent of any one thing."
Jeff Bezos:
"From my perspective, leverage is also about technology. With Amazon, we used technology as leverage to scale our operations globally. The more we automated, the more we could grow without needing to hire exponentially more people. Leveraging technology allows you to create a business that runs efficiently and reaches millions of customers. And once you’ve built a scalable business, you can diversify your income by branching out into other industries or investments, which is something I’ve always done—whether it’s space exploration or media."
Kevin O’Leary:
"Leverage is indeed key, but it comes down to execution. In business, you need to be able to leverage both capital and talent. I always say, ‘What’s the point of having capital if you don’t know how to use it effectively?’ You need to use leverage to increase your returns and spread your risk. As for multiple income streams, I learned long ago that one of the worst mistakes you can make is to rely on a single source of income. As an entrepreneur and investor, I always look for ways to diversify my income, whether it’s through businesses, real estate, or dividends from investments."
Nick Sasaki:
"Those are some great insights. Let’s focus a bit more on business ownership. Jeff, you built Amazon into one of the world’s most valuable companies. How important is business ownership, in your opinion, when it comes to achieving financial independence?"
Jeff Bezos:
"Business ownership is critical, Nick. When you own a business, you control your destiny. You decide how to grow, where to invest, and how to innovate. Owning Amazon allowed me to think long-term. We didn’t turn a profit for years, but because I had control, I could reinvest every dollar into growth. That’s the beauty of business ownership—it’s about delayed gratification and building something that scales over time. And once your business becomes successful, it can generate multiple streams of income through different ventures and innovations. That’s what we did with Amazon Web Services (AWS), Prime, and many other areas."
Tony Robbins:
"Owning a business also lets you create impact. You’re not just working for money; you’re building something that can make a difference, both for yourself and for others. That’s why entrepreneurship is such a powerful path to financial freedom. When you own a business, you can leverage other people’s strengths and build teams that work together to create value. The money follows when you focus on value creation. And like Jeff said, once your business is up and running, it opens doors to other income streams and investment opportunities."
Robert Kiyosaki:
"I’ve always said that the true path to wealth is through business ownership. When you own a business, you’re in control of the cash flow. If you’re an employee or self-employed, your income is limited by how many hours you can work. But as a business owner, you can create systems that generate income without your direct involvement. You can also leverage tax advantages that business owners and investors have, which employees don’t. It’s all about owning and controlling your means of production."
Kevin O’Leary:
"Business ownership is the ultimate form of leverage. You’re leveraging your ideas, your capital, and the talents of others. But it’s important to remember that businesses are also risky, especially in the early stages. You need to be smart about managing that risk. When I invest in a business, I’m looking for companies that can scale and create multiple revenue streams. And that’s why I always push entrepreneurs to diversify. Don’t just rely on one product or one service—find ways to grow your business into new areas."
Nick Sasaki:
"Let’s talk about scaling and creating those multiple income streams. Tony, you’ve built multiple businesses across different industries. How do you identify the right opportunities to diversify your income streams?"
Tony Robbins:
"It starts with asking the right questions: Where is the market going? What problems need solving? How can I add value in a new way? Once you have a successful business, it’s important to look at how you can use your existing resources, expertise, and networks to branch out into new areas. For example, my core business is personal development, but I’ve branched out into financial education, health and wellness, and even sports ownership. The key is to build businesses and income streams that complement each other and serve your long-term goals."
Robert Kiyosaki:
"The biggest mistake people make is thinking they need to focus on one thing forever. You should always be looking for ways to diversify. I started with real estate, but I’ve invested in oil, gold, and businesses because I know that the economy changes. If one stream dries up, the others keep flowing. The trick is to always be learning and finding new opportunities that fit within your broader strategy for wealth-building."
Jeff Bezos:
"I would add that timing and execution matter just as much as the idea. We started Amazon as an online bookstore, but the idea was always to scale into other categories and eventually become ‘the everything store.’ That meant expanding into other areas like electronics, cloud computing, and entertainment. You have to be patient and strategic about when and how you diversify. And when you do, make sure it’s an area where you can leverage your existing strengths."
Kevin O’Leary:
"To echo what everyone’s saying, diversification is essential, but it needs to be strategic. I don’t invest in businesses just because they’re different—I look for synergies between my investments. For example, if I’m investing in a food company, I’ll look for other opportunities in supply chain businesses that support that sector. Diversifying doesn’t mean you scatter your resources everywhere. It means you find smart, complementary ways to grow your income streams."
Nick Sasaki:
"That’s a powerful takeaway. So, for those who are just starting out, what’s the first step they should take to begin creating multiple streams of income and leveraging their efforts effectively?"
Robert Kiyosaki:
"Start by educating yourself and investing in your financial intelligence. Don’t just focus on one stream—start small, maybe with real estate or a side business, but keep looking for ways to diversify. Leverage other people’s knowledge, time, and money as much as you can. And remember, the goal is to build something that works for you, even when you’re not working."
Tony Robbins:
"I agree with Robert. I’d also say, focus on adding value. The more value you can create for others, the more income streams will open up for you. And don’t be afraid to start small. Build one income stream first, then use the momentum from that to launch others. Success is built in layers."
Jeff Bezos:
"My advice would be to think long-term. Don’t look for quick wins—build something that can scale and provide ongoing value. Once you’ve got that in place, look for ways to use your success as leverage to create new opportunities."
Kevin O’Leary:
"Start by doing your homework. Find industries and markets where there’s demand and where you can see real growth potential. Then leverage your capital and resources to build businesses and investments that complement each other. The more strategic you are, the faster you’ll grow."
Nick Sasaki:
"Fantastic advice, everyone. Leveraging business ownership and creating multiple streams of income is truly the key to long-term wealth and security. Thank you, Robert, Tony, Jeff, and Kevin, for sharing your wisdom and experiences with us today. For our listeners, it's time to take action, think strategically, and start building those multiple streams of income."
Risk, Control, and Opportunity
Nick Sasaki:
"Welcome back, everyone! Today’s topic is about something all entrepreneurs and investors must navigate: Risk, Control, and Opportunity. We’re fortunate to have an incredible panel of guests—Robert Kiyosaki, Elon Musk, Peter Thiel, and Sara Blakely—who have all taken bold risks, controlled their own destinies, and capitalized on massive opportunities. Let’s start by discussing the role of risk. Robert, you’ve always talked about how crucial it is to take risks in the pursuit of financial freedom. What does risk mean to you, and how can people manage it wisely?"
Robert Kiyosaki:
"Thanks, Nick. Risk is part of the game if you want to build wealth. The problem most people have is that they’re afraid of it, so they stay in jobs where they think they’re secure, but they’re not. The truth is, working for someone else is risky because you have no control over your financial future. For me, the key is to take calculated risks—risks that you’ve educated yourself about. In my case, I took risks in real estate, business, and investments, but I didn’t jump in blindly. I learned from my mistakes, and every failure was a lesson that helped me grow. The biggest risk is not taking any at all."
Elon Musk:
"Yeah, I’d agree with that. Risk is a necessary part of innovation and business. If you’re not willing to take big risks, you’ll never do anything groundbreaking. With SpaceX and Tesla, there were points where the entire company was on the line—especially with SpaceX. We were down to our last rocket launch before the company would’ve gone bankrupt. But without taking that risk, there’s no way we’d have succeeded. The key is to take risks that, if successful, have huge upsides. But you also have to be smart about managing the downside."
Peter Thiel:
"Risk is essential, but like Robert and Elon mentioned, it has to be managed. I believe that the best opportunities are hidden in places that look risky to most people. If everyone thinks an opportunity is safe, it’s probably already too late. The key is asymmetric risk—where the potential upside far outweighs the downside. PayPal was a risky idea, and most people didn’t see the potential. But we knew that if it worked, it could change the financial landscape. The key is to see opportunities where others see only risk."
Sara Blakely:
"For me, risk was everything. Starting Spanx was a huge risk. I was selling fax machines door-to-door, but I had this idea for a product that I believed in. The biggest risk wasn’t losing money—it was not following through on my vision. I didn’t have any formal business training, and I had no idea how to make a prototype or get my product into stores, but I knew that not trying would be something I’d regret for the rest of my life. So, I took the leap. Sometimes, you just have to trust your gut and go for it."
Nick Sasaki:
"That’s so inspiring, Sara. Let’s talk more about control. Elon, you’re known for maintaining significant control over the companies you run. How important is it to keep control when you’re pursuing these high-risk, high-reward ventures?"
Elon Musk:
"Control is everything, especially when you’re dealing with disruptive industries. If you don’t have control, you can’t steer the company in the direction you believe is right. In the early days of Tesla, there was a lot of pressure from investors to go a different direction, but I refused because I knew that the long-term vision was correct. The same with SpaceX—people thought reusable rockets were a crazy idea, but I maintained control and pushed the company to achieve what others thought was impossible. If you lose control, you lose the ability to take the risks you believe in."
Robert Kiyosaki:
"Absolutely. That’s why I encourage people to become business owners or investors instead of employees. When you’re an employee, you have no control over your financial future—someone else does. When you own your business or investments, you have the power to make decisions and take risks that align with your vision. If you’re going to succeed in a big way, you have to be in control of your money and your opportunities."
Peter Thiel:
"Control is critical because it allows you to think long-term. Many companies fail because they’re too focused on short-term profits to satisfy shareholders. When you maintain control, you can take a long-term approach. That’s how you create something that’s truly transformative. With PayPal, we had to make decisions that didn’t make sense in the short term, but because we had control, we could see it through and build something revolutionary."
Sara Blakely:
"I think control also means staying true to your vision. When I started Spanx, everyone—from manufacturers to potential investors—told me to change the product, to do things differently. But I stayed in control and didn’t compromise. That control allowed me to create a product that resonated with customers, and that authenticity was a big part of the success."
Nick Sasaki:
"Control definitely plays a huge role in driving your own vision forward. Now, let's talk about identifying opportunities. Peter, you’ve invested in some of the most successful startups in history. What’s your approach to spotting opportunities where others might not see them?"
Peter Thiel:
"It goes back to contrarian thinking. Most people look at opportunities based on consensus, but the best opportunities are often those that seem unappealing or too risky to the majority. When we started PayPal, the idea of digital currency and online payments wasn’t taken seriously by most people. But we saw a future where this would be crucial. I always ask myself: 'What do I believe that others don’t?' It’s about finding opportunities that are mispriced in terms of risk versus reward."
Elon Musk:
"Opportunities are often disguised as problems. If you can find a solution to a big problem, that’s where the opportunity lies. Tesla wasn’t just about building electric cars—it was about solving a massive environmental problem. SpaceX was about making space exploration affordable and sustainable. When you’re focused on solving problems, the opportunities present themselves, but you have to be willing to take on the risk and control the execution."
Sara Blakely:
"I think opportunities are everywhere if you’re willing to look differently. Spanx came from a personal frustration. I wanted a product that didn’t exist, and I realized that if I wanted it, other women probably did too. Sometimes the best opportunities come from your own experiences. You have to be open to seeing what’s missing in the world and then be bold enough to create it."
Robert Kiyosaki:
"Opportunities are always there, but most people miss them because they’re afraid of the risks or don’t have control over their financial situation. If you want to capitalize on opportunities, you need to be in a position where you can take advantage of them. That means having financial education, being an investor, and being willing to make bold moves when others are sitting on the sidelines."
Nick Sasaki:
"These are excellent insights. For our listeners, how can they start building the confidence to take these risks, maintain control, and find opportunities in their own lives?"
Robert Kiyosaki:
"It all starts with financial education. The more you know, the less fear you have. Take the time to learn about investing, business, and money management. Once you understand how things work, the risks become manageable. You also have to be willing to take action—start small, but start somewhere. The worst thing you can do is wait for the perfect opportunity or for everything to be ‘safe.’ That’s when you miss out."
Elon Musk:
"Agreed. Confidence comes from doing. Don’t wait for someone to tell you it’s a good time to take a risk. Get started, learn from your mistakes, and iterate. The only way to truly fail is to stop trying. And when it comes to opportunities, remember that the biggest rewards come from solving the biggest problems."
Peter Thiel:
"Confidence grows as you develop your ability to see the world differently. Question assumptions, think long-term, and don’t be afraid to go against the grain. If you can do that, you’ll start seeing opportunities that others miss, and you’ll be more willing to take the risks needed to seize them."
Sara Blakely:
"I’d say trust your gut. When I started Spanx, I didn’t have a roadmap or mentors in the industry telling me what to do. But I trusted my instincts and believed in my idea. Start with small risks and build your confidence with each step. Before you know it, you’ll be taking bigger risks and seizing more opportunities."
Nick Sasaki:
"Thank you, Robert, Elon, Peter, and Sara, for sharing your wisdom on risk, control, and opportunity. This has been an eye-opening discussion, and I’m sure our audience has gained valuable insights. For those listening, the message is clear: embrace risk, maintain control over your vision, and keep your eyes open for the opportunities that others might overlook."
The Power of Relationships and Networks
Nick Sasaki:
"Hello, everyone! Today, we’re diving into a topic that is often underestimated in the pursuit of success: The Power of Relationships and Networks. Our esteemed panelists—Robert Kiyosaki, Adam Grant, Richard Branson, and John Maxwell—are here to share their experiences on how building strong relationships and leveraging networks can fuel both personal and financial growth. Let’s begin with you, Robert. You’ve always stressed the importance of networks in your journey to financial freedom. Why are relationships so critical in building wealth?"
Robert Kiyosaki:
"Thanks, Nick. Relationships are everything in business and investing. One of the most important lessons I learned from my rich dad was the value of your network. No one succeeds alone. Whether it’s finding investment opportunities, getting advice, or creating business partnerships, relationships are at the core. If you want to build wealth, you need to build a strong network of people who can help you grow, challenge your ideas, and open doors to new opportunities. My success has come from the people I’ve surrounded myself with—mentors, partners, and other investors."
Adam Grant:
"I agree, Robert. I’ve spent years studying the science behind how relationships and networks impact success, and the research shows that givers—people who build relationships by helping others—tend to achieve greater long-term success than takers. Building strong relationships isn’t just about networking for personal gain. It’s about creating value for others, which in turn creates value for yourself. The most successful people aren’t those who network strategically, but those who help others with no immediate expectation of return. Over time, those relationships lead to trust, opportunities, and support."
Richard Branson:
"Absolutely, Adam. For me, relationships have been key to every business I’ve built. When I started Virgin, I didn’t have much experience in many of the industries we entered, but I had the ability to bring the right people together. Business is all about people. Your network is not just a resource for finding opportunities; it’s also your greatest support system. Surround yourself with people who are smarter than you in different areas. Let them challenge you, and that’s how you’ll grow. I’ve always believed that building meaningful relationships, based on mutual respect and trust, is the foundation of any successful venture."
John Maxwell:
"I couldn’t agree more. Leadership, at its core, is about relationships. The stronger your relationships, the more influence you have, and the more opportunities come your way. What many people don’t realize is that the quality of your network determines the level of your success. Leaders grow by connecting with others, learning from them, and lifting others up. The more people you serve and invest in, the greater your impact becomes. Building relationships isn’t a transactional process—it’s about truly caring for others and helping them succeed. When you do that, the network you build becomes your most valuable asset."
Nick Sasaki:
"That’s a powerful point, John. So, how can someone who’s just starting out begin to build a strong network, especially if they don’t have many connections or resources yet?"
Robert Kiyosaki:
"You have to start by providing value. Don’t approach networking thinking about what others can do for you—think about what you can do for them. Early in my career, I didn’t have much money or experience, but I was eager to learn and help others. I connected with people who were already successful and offered to assist them in any way I could. In return, I gained knowledge, mentorship, and eventually, partnerships. It’s about being a giver, like Adam mentioned, and realizing that every relationship you build is an investment in your future."
Adam Grant:
"Yes, offering value is key. But I’d also add that building relationships doesn’t have to be formal or transactional. Sometimes the best connections come from simply being curious about others. Ask people about their passions, their challenges, and how you can help. One of the most effective ways to build your network is by genuinely connecting with people on a human level. When you approach relationships with curiosity and generosity, people are more likely to want to help you down the line."
Richard Branson:
"I would say, be fearless in reaching out. Don’t be afraid to approach people who you think are ‘out of your league.’ When I started Virgin Records, I had no idea how to get my artists signed to major deals, but I wasn’t afraid to knock on doors and reach out to people in the industry. The key is to be authentic and passionate. If you truly believe in what you’re doing, that energy is contagious, and people will want to connect with you. Building a network doesn’t happen overnight, but persistence and authenticity go a long way."
John Maxwell:
"Another thing to remember is that relationships are built on trust, not transactions. Trust is earned over time through consistency, integrity, and genuinely caring for others. If people know they can trust you, they will be more willing to help, collaborate, and open up their own networks to you. One practical way to start building your network is by being present—attend events, join groups, and volunteer. The more you put yourself out there, the more opportunities you’ll have to meet people and form meaningful connections."
Nick Sasaki:
"That’s great advice, everyone. Let’s talk about maintaining those relationships once they’re established. Richard, you’ve built a global empire with Virgin, and I’m sure you’ve formed countless relationships along the way. How do you nurture and maintain those connections over time?"
Richard Branson:
"It’s all about staying connected and showing appreciation. I make it a point to keep in touch with people, whether it’s a quick email or a handwritten note. People appreciate being remembered, especially when it’s not about business. I also make sure to acknowledge people’s contributions. When someone helps you, make sure they know how much you appreciate it. At Virgin, we’ve created a family-like culture because we treat our people with respect and gratitude. It’s not just about what people can do for your business—it’s about valuing them as individuals."
Adam Grant:
"That’s so true, Richard. One of the most effective ways to maintain relationships is by continuing to add value. You don’t need to constantly ask for favors or check in with people to maintain connections. Instead, think about how you can continue to help them. Introduce them to someone in your network who might be valuable to them, share resources, or offer support when they need it. Strong relationships aren’t built on how often you talk to someone but on the quality of your interactions."
John Maxwell:
"Absolutely. I would add that one of the most important ways to maintain relationships is by being intentional about your time. Prioritize the people who matter most and invest in those relationships regularly. I always tell leaders that they need to be relationally intentional—make time for meaningful conversations, celebrate others’ successes, and be there during challenging times. When people see that you’re invested in them beyond just the business side, they’ll want to maintain that connection, and those relationships will last a lifetime."
Robert Kiyosaki:
"I agree with that. Relationships aren’t just about business transactions; they’re about loyalty and trust. Some of my longest business partnerships are with people I’ve known for decades because we’ve built trust over time. We’ve helped each other succeed, and that’s something that goes beyond just networking—it’s about real connection. The key is to always keep the relationship mutually beneficial. When you give as much as you get, those connections last forever."
Nick Sasaki:
"Wonderful. Before we wrap up, let’s talk about how relationships and networks can directly translate to financial success. How have strong relationships contributed to your financial growth?"
Robert Kiyosaki:
"Well, my network has been essential to my financial success. Through relationships, I’ve found business partners, mentors, and investors. Most of the opportunities that have come my way happened because of the people I knew and trusted. When you have a strong network, you don’t have to do everything on your own. You have access to other people’s knowledge, experience, and resources, and that’s how you scale your wealth."
Richard Branson:
"For me, relationships have been the backbone of Virgin’s growth. Whether it’s bringing on new talent, forming partnerships, or expanding into new industries, it’s all about the people. I’ve been able to take risks and explore new ventures because I’ve had strong, supportive relationships with people who believed in my vision. Financial success is a team effort—you need good people around you to help you get there."
Adam Grant:
"The data shows that people who are deeply connected tend to be more successful. Relationships provide opportunities, whether it’s access to information, resources, or mentorship. But it’s not just about the financial rewards—it’s about building a support system that can help you navigate challenges and celebrate your successes. When you invest in relationships, those people will be there to help you when you need it most, and that leads to long-term financial and personal growth."
John Maxwell:
"I always say that your success will be determined by the people closest to you. Relationships are an investment, and if you invest in the right people, you’ll see the returns. Surround yourself with people who inspire and challenge you, and that will push you to new levels of success. The power of relationships is that they multiply your influence and impact, which ultimately multiplies your opportunities and your financial success."
Nick Sasaki:
"Thank you, Robert, Adam,
Short Bios:
Robert Kiyosaki
Robert Kiyosaki is an entrepreneur, educator, and the author of the globally renowned book Rich Dad Poor Dad. His teachings focus on financial education, entrepreneurship, investing, and wealth-building. Kiyosaki developed the concept of the Cashflow Quadrant, which outlines four ways people generate income and explains the importance of moving from being an employee or self-employed to becoming a business owner and investor. He is an advocate for financial intelligence and understanding the role of assets in achieving financial freedom.
Naval Ravikant
Naval Ravikant is a tech entrepreneur, angel investor, and founder of AngelList. He is known for his insights into wealth-building, happiness, and financial independence, often promoting the idea of self-education and using technology to create scalable income. Naval's philosophy emphasizes leveraging time, knowledge, and resources to achieve financial freedom. He has invested in over 100 companies, including Twitter and Uber, and his thoughts on startup culture, philosophy, and investing have earned him a large following.
Gary Vaynerchuk
Gary Vaynerchuk is an entrepreneur, author, and social media expert. He is the CEO of VaynerMedia, a full-service advertising agency, and is well known for his motivational content, focusing on entrepreneurship, branding, and leveraging social media to build businesses. Gary is a strong advocate of creating multiple income streams and believes in using personal branding to unlock financial opportunities. He is the author of several best-selling books on marketing and entrepreneurship.
Morgan Housel
Morgan Housel is a financial writer and author of The Psychology of Money. With a focus on behavioral finance, he explains how our emotions and personal experiences influence financial decisions. Housel’s work emphasizes the importance of long-term thinking, patience, and emotional intelligence when it comes to investing and wealth-building. His book has been widely regarded as a must-read in the field of finance, bridging the gap between money management and human behavior.
Grant Cardone
Grant Cardone is a real estate mogul, entrepreneur, and author of books such as The 10X Rule. He is an expert in real estate investing, business development, and sales training. Cardone owns and operates several companies, including Cardone Capital, and manages a multi-billion-dollar portfolio of real estate assets. His teachings focus on the importance of scaling businesses, leveraging assets, and creating passive income through real estate.
Ken McElroy
Ken McElroy is a real estate investor, entrepreneur, and author known for his work in multifamily real estate investing. As a long-time advisor to Robert Kiyosaki, McElroy is a major advocate of creating passive income through real estate. He is the CEO of MC Companies, which manages thousands of apartment units across the United States. McElroy teaches how to generate consistent cash flow through rental properties and how to build a successful real estate business.
Mark Cuban
Mark Cuban is an entrepreneur, investor, and owner of the NBA’s Dallas Mavericks. He is one of the main investors on the television show Shark Tank. Cuban built his fortune through tech startups and has expanded his investments into entertainment, sports, and other industries. Known for his candid views on business, innovation, and investing, Cuban has a deep understanding of how to leverage technology and business ownership for financial success.
Tony Robbins
Tony Robbins is a best-selling author, entrepreneur, and life coach, known for his personal development seminars and self-help books. He has worked with top business leaders and celebrities to help them achieve success. Robbins is an advocate of the power of mindset in financial success and teaches the importance of building multiple income streams. He is also a successful businessman, with ventures spanning finance, sports, and entertainment.
Jeff Bezos
Jeff Bezos is the founder and former CEO of Amazon, one of the world’s largest and most successful companies. His visionary leadership took Amazon from an online bookstore to a global powerhouse in e-commerce, cloud computing, and entertainment. Bezos is known for his long-term thinking, focus on customer satisfaction, and willingness to take massive risks in pursuit of innovation. He is also the founder of Blue Origin, a space exploration company.
Kevin O’Leary
Kevin O’Leary, also known as "Mr. Wonderful," is a businessman, investor, and one of the main investors on Shark Tank. He is known for his direct approach to business, focusing on profit and scalability. O’Leary has a wide portfolio of investments, from tech startups to consumer products, and is a major advocate for financial discipline, entrepreneurship, and diversifying income streams.
Elon Musk
Elon Musk is the founder of Tesla, SpaceX, and several other pioneering companies. Known for his bold vision and willingness to take risks, Musk has revolutionized industries ranging from electric vehicles to space exploration. His ventures focus on solving global problems, from sustainable energy to interplanetary travel. Musk’s approach to business emphasizes innovation, leveraging technology, and taking massive calculated risks to achieve long-term goals.
Peter Thiel
Peter Thiel is a billionaire entrepreneur, venture capitalist, and co-founder of PayPal and Palantir. Thiel is known for his contrarian thinking and his focus on finding hidden opportunities in markets that others overlook. As one of the first investors in Facebook, Thiel has a sharp eye for spotting disruptive innovation and startups with immense growth potential. His philosophy encourages taking bold risks with asymmetric rewards.
Sara Blakely
Sara Blakely is the founder of Spanx, a globally successful brand of shapewear and clothing. She is celebrated for her entrepreneurial spirit and her journey from selling fax machines to creating a billion-dollar business with no outside investment. Blakely’s success stems from her willingness to take risks, solve problems in unique ways, and stay true to her vision despite early skepticism from the industry. She is an advocate for women in business and entrepreneurship.
Richard Branson
Richard Branson is the founder of the Virgin Group, which controls more than 400 companies in various industries including travel, telecommunications, and media. Branson is known for his adventurous spirit, bold business moves, and emphasis on customer experience. His ability to build a global empire stems from his commitment to creating relationships and leveraging partnerships. Branson advocates for taking risks, enjoying the journey, and staying true to one’s passion.
Adam Grant
Adam Grant is an organizational psychologist, professor at the Wharton School of Business, and best-selling author of books such as Give and Take and Originals. His research focuses on how helping others and fostering a collaborative environment leads to success. Grant explores how givers—those who help others without expecting anything in return—tend to rise to the top in business and leadership. He advocates for the power of building relationships and networks for long-term success.
John Maxwell
John Maxwell is a leadership expert, author, and speaker known for his work on personal development and leadership training. He has written over 100 books on leadership and has coached Fortune 500 CEOs, government leaders, and entrepreneurs. Maxwell teaches that leadership is rooted in strong relationships and that one’s success is directly linked to their ability to influence and inspire others. His focus on intentional leadership helps people build the kind of relationships that lead to long-term success.
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