Robert Kiyosaki, famed for Rich Dad Poor Dad, says the top reason people stay poor isn’t scarce chances—it’s the Fear of Making Mistakes (FOMM). In a tweet, he called it a barrier to seizing Bitcoin, which he dubs history’s biggest wealth-building shot.
FOMM vs. FOMO
While FOMO (Fear of Missing Out) drives folks to jump on rising assets, Kiyosaki insists FOMM is worse. “Bitcoin’s the greatest wealth opportunity ever… it’s simple to get rich, but FOMM will keep most out,” he tweeted. He sees Bitcoin topping $200,000 this year—FOMO fuels bold investors to generational riches, while FOMM leaves others muttering, “It’s too pricey.”
Learn from Both Sides
Kiyosaki urges self-education via Bitcoin fans and doubters alike. “Don’t just trust me—check out Jeff Booth, Michael Saylor, Samson Mow, Max Keiser, Kathy Wood,” he said, adding to hear out sceptics before deciding.
School vs. Street Smarts
He slams traditional schooling for skipping financial savvy, claiming it drills fear of errors into kids. “These aren’t dumb people—many are well-educated but taught mistakes mean failure,” he wrote. He likens money smarts to a toddler walking—stumble, rise, repeat.
Free Finance Lessons
Kiyosaki highlights that prime financial know-how is now free online. “Best part? YouTube’s got the real money education—no cost,” he pointed out.
His takeaway: Ditch FOMM, hunt down financial wisdom, and grab your future before the window shuts.