RICH DAD POOR DAD PART II: CASH FLOW QUADRANT!
Posted November 27, 2009on:
You must have enjoyed reading Rich Dad, Poor Dad’s summary posted in initial posts and viewing related video clips. (Kindly share your thoughts on it by writing your comments on the website, if you can spare some time)
In Rich Dad, Poor Dad Part II, Robert Kiyosaki states:
My rich dad used to say: ‘You can never have true freedom without financial freedom’. He would go on and say: ‘Freedom may be free, but it has a price’. This books is dedicated to those people willing to pay the price.
The Cash Flow quadrant is about the four different type of people who make the world of business. It helps a person to understand:
1. Where is he / she now?
2. Where does he / she wants to be?
3. How will a person change his / her cash flow quadrant?
Here is the CASH FLOW QUADRANT:
What is cash flow quadrant?
E is for Employee
S is for self employed
B is for Business owner and
I is for investor
Each of us stands within one of the above four quadrants (or more)
This book is for those people who are ready to change cash flow quadrants and improve their lives… (If you wish to read summary of Rich Dad, Poor Dad, please scroll down for summary and related video clips)
More posts in coming week about cash flow quadrant.