“I Made One Mistake That Nearly Cost My Father’s House”
Why does school punish mistakes when they are the key to success?
In this video, we break down why the traditional school system teaches people to stay poor by discouraging risk-taking and mistake-making. Unlike animals, humans have the ability to learn from mistakes—yet schools treat mistakes as failures rather than stepping stones to success. That’s why most schoolteachers prioritize job security and pensions over financial freedom.
I share my personal story of how making big mistakes—from inventing the Velcro wallet to almost losing my father’s house—taught me priceless lessons about business, partnerships, and resilience. The truth is, the path to wealth is paved with failures, but only if you LEARN from them.
You'll discover: ✅ The #1 mistake that keeps people poor
✅ Why playing it safe is the biggest risk
✅ How I turned financial disaster into a multimillion-dollar business
✅ The power of choosing the right partners
✅ Why traditional education fails entrepreneurs
The world rewards problem-solvers, not perfectionists. If you want to succeed, embrace your mistakes, tell the truth, and surround yourself with the right people.
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Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.
Cameron Long
Cameron is a seasoned CFO and CPA with 31 years in finance. He created the AI Trader's Playbook to help everyday investors use AI to find high-confidence trades — in minutes, not hours.
Read More About Cameron → Get the AI Trader's Playbook
Thanks sir
Well learned something from this
Thank you!!!
Getting old is no joke, thank you for providing continuing education. I have been following your teachings for years. Now I am sharing with my kids ❤
What’s the book that changed your life. (Rich Dad Poor Dad)
Robert doesn’t know me but I pray for him every day for writing that book.
“Tell the truth and own it. Learn from your mistakes.”
How wisely shared your wisdom sir that’s really heart touching love you so very much and god bless you amen!!!!❤
Thank you ❤
Thank you sir.
Thank you
Thanks Robert. Your lessons are invaluable
words of wisdom
Keep it up Robert, you are changing the lives of many
I’d argue that animals learn more from their mistakes faster than the modern day humans.
How the hell is Dr. Ralph your poor dad when he’s the one that gave you the money and that’s like $800k in todays dollars bro
He refers to them as rich dad and poor dad in terms of mindset I think
Tankhs you robert
Thank you Robert. Greatly appreciate it🎉🎉
P.H.D. – Poor , Helpless, Desperate 💵
Great video Mr.kiyosaki we can’t learn if don’t make mistake as long we can correct them and learn from them.
What’s insane is, after reading Infinite Money Mastery, you see how much of your potential you’ve been ignoring. But the best part? It’s never too late to unlock it
is this magistiq book? i’ve read there one book about ai. That book is a goldmine of knowledge
When I first started learning to play guitar, I heard Barney Kessel say “the worst mistake you can make is to be afraid to make a mistake”. So very true!