While some people build assets, others work for money. The book is a look at how businesses make money. The more people in debt to you, the better Profit is made when you buy, not when you sell A deal needs to make sense in times good and times bad Know the difference between facts and opinions. It was the follow-up to his hugely successful Rich Dad Poor Dad book. He absolutely does have a point that real riches are to be made by starting successful businesses and not doing the employee of somebody else thing. Who is indebted to who? The more people you are in debt to, the poorer off you are. Most people do indeed focus on that quadrant where they make 25/hr and save a little or something and Kiyosaki has a point that the rich, as a whole, dont stay there any longer than they can avoid it. Always be mindful as to what column/quadrant the person giving you advice is coming from Working for a corporation is like getting paid by your mentor Traditional schools are for those who want to be successful in E and S The name of the game is debt. If you work hard on the right side, you’ll have a good shot at FI. Systems and patience vs brute force True investors make more money in down markets than up markets If you work hard on the left side of the quadrant (e,s) you’ll work hard forever. Entdecke Cashflow Quadrant: Rich Dad Poor Dad Robert T. Building a pipeline versus hauling buckets. Many people latch on to job security because they lack emotional development. When a person feels the need for money, rich dad explained, an E will automatically look for a job, an S often will do something alone, a B will create or buy. This is largely a product of the education system which discourages risk taking as students develop an unhealthy fear of failure. The top left quadrant contains employees, while the top right quadrant has business owners. Ī students get stuck in analysis paralysis because they are poorly emotionally developed to deal with failure. A cashflow quadrant is essentially four squares divided by a cross. Many people hate school, but love learning. In the past two decades, CASHFLOW® has been played by hundreds of thousands of families around the world transforming millions of lives, making it one of the most popular board games ever. CASHFLOW clubs are there to support the long-term mental, emotional, spiritual, physical, and financial changes a person needs to go through.
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