Cashflow Quadrant: Rich Dad's Guide to Financial Freedom

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List Price: $17.95
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Manufacturer: Business Plus
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Average Customer Rating:     

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Binding: Paperback Dewey Decimal Number: 332.02401 EAN: 9780446677479 ISBN: 0446677477 Label: Business Plus Manufacturer: Business Plus Number Of Items: 1 Number Of Pages: 251 Publication Date: 2000-04-01 Publisher: Business Plus Studio: Business Plus
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Editorial Reviews:
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The Cashflow Quadrant is the follow-up guide to finding the financial fast track that best works for you. It reveals the strategies necessary for moving beyond just job security to greater financial security by generating wealth from four selective financial quadrants.
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Spotlight customer reviews:
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Customer Rating:      Summary: I LOVE IT Comment: Brings out the investor in you. Lets you know in simple terms, the 4 different ways to go about your money.
Rich Dad Books are for me, completely....Buy it even for your kids...
The sooner they learn about their finances, the better.
Customer Rating:      Summary: Yen much stronger than $ now. Comment: Thanks to the higher yen rate to the $, I could get this with more reasonable price from Japan. This CD is worth purchasing for all desire to change your life.
Customer Rating:      Summary: The Critical Distinctions Between Business Owners and Wage Slaves Comment: The Poor and the middle class work for money. The rich have money work for them.
-Robert Kiyosaki
Robert Kiyosaki, the author of the best-seller Rich Dad, Poor Dad, explains the four different types of people in terms of their quadrants (Employee, Self-Employed, Business-Owner, and Investor). The employee works for someone else and values security. The self-employed works for himself and values being his own boss and doing his own thing. The business-owner creates systems and delegates work to other people, and he values freedom. The investor makes money with money, and he values freedom as well.
The difference between a true business-owner/investor and employee/self-employed is that the business-owner/investor can go on vacation forever because he owns the systems, not the job. The business-owner/investor can leave his work and find that the business has grown even more prosperous, while the employee/self-employed can never leave his work since he own the jobs.
Everyone can master all four quadrants, but it is only those who have mastered the business system and investor system that can truly achieve financial freedom and wealth. Anyone doing any work can still become a businessmen/investor if he would only dedicate the time, energy, and work to become one.
Customer Rating:      Summary: Great book to follow Rich Dad, Poor Dad Comment: I really liked this book. It was just as good if not better than Rich Dad, Poor Dad. I recomend it.
Customer Rating:      Summary: Great book! Comment: This book is really the "core" of beliefs that are expressed in many of the author's books.
Where this book excels is getting people out "employee" or "self employed" mentality and thinking in a "business owner" or "investor" mentality. After I read this book I really started looking at my co-workers in a strange way and decided I needed a change.
Kiyosaki recommends investing in assets that create a positive cash flow immediately. Easier said than done, but the author admits it's not easy -to get rich!
Since I've read this book, I've left the "employee" and "self-employed" mentality behind and have really focused on business owner mentality. Although my personal "cash flow" initially dropped in the process, my long term situation has definitely improved and put me on target to achieve higher levels of success.
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