Own Your Own Corporation

By Garrett Sutton, Robert T. Kiyosaki

5,193 ratings - 4.1* vote

This guide reveals how you as a private citizen can take advantage of incorporating yourself and your business. Such a move can not only save you thousands in taxes, but can also save your house and savings and family assets from the potential attack of creditors. The book offers a clear understanding of how legal business systems and traditions have developed over the yea This guide reveals how you as a private citizen can take advantage of incorporating yourself and your business. Such a

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Book details

Paperback, 352 pages
October 1st 2001 by Warner Books (NY)
Original Title
Own Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them (Rich Dad's Advisors (Paperback))
ISBN
0446678619 (ISBN13: 9780446678612)
Edition Language
English

Community Reviews

Stefani

This is very US focused and therefore not as relevant for me as I'm based elsewhere. I won't rate it.

William Ng

A dense read for sure. If I got anything out of it, it's to hire a lawyer experienced in the setting up of LLCs, LPs, corporations, etc, and to get a good accountant also experienced in this area. There are many legal liabilities that could come back to haunt you if you don't set things up correctly in the beginning.
Overall, thorough and walks the reader through the steps of incorporation. Also provides useful tips and anecdotes to help the reader gain deeper and more personal understanding.

Oliver

Great book to understand and grasp the types of entities available and defining its characteristics. It’s not a how to step by step guide to incorporate a business. However, it gives ample information to guide you to the entity that is most favorable to your needs. I would highly recommend that you get a more recent copy—if available—when you’re close to open or incorporate your own business.

Craig Kelley

This was probably one of my least favorite Rich Dad series books. Although the format of the book is very similar to the other 'rich dad' books it wasn't as enjoyable to read. Maybe if you are an attorney you'd enjoy it more.

Corey Grant

Learn how the rich get richer and the poor get poorer. This book gives you the secrets to how those in the know lower their taxable income doing the same things that others have to pay out of pocket to do.

Suparnkumar Sathe

Great book. A must for someone who wants to start a business or wants to keep his assets safer. Nicely explains different types of business entities and their pros and cons. Only issue is the rules discussed are of US, so one will have to be careful to check current rules of his own country.

Roger

Fantastic book with great examples. I'd recommend this book for anyone thinking of starting a company or that is new to owning a company.

Brian

This seemed similar to Running Your Own Corporation, but it still served as a good refresher.

Radcliffe Flores

This book helped in the decision whether to incorporate our rentals. In the end due to the total value of all properties, a simple umbrella insurance was sufficient. This pertains to my financial factors. Not the same for everyone else.

Larry Zhou

Basics of starting a company. Good reinforcement learning. Nothing you can’t get from doing research online. Somewhat dated with the new tax laws in place but still a goodie!

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