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At the same time I started my business, I decided to invest in rental properties.īusiness Owner - Starts businesses and hires employees to delegate as much as possible. Rich Dads Cashflow Quadrant Book Summary Review – Robert Kiyosaki There are two books that I would recommend reading before you start investing. Now check your email to confirm your subscription. My first attempt at the right side of the quadrant was starting a retail business.įor a couple years it was doing well, I had a manager, employees, and I just managed the entire business while they did all the work. When the economy took a downturn inmy business also declined and made it very hard to profit from it. They are both written by Robert Kiyosaki and go hand-in-hand together.
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Investor -Looks for ways to make their money, as well as the money of others work for them. Left side of the Cashflow Quadrant: If you fill this in, you will be marked as a spammer. They focus on creating systems for the business to make money without them. After a few more years I decided to sell the business to someone who was going to be an owner operator which is what the business needed. Sense of entitlement is high with the employee and they trade hours for dollars. It IS entirely possible to move from E to I very quickly. They desire to work less so they can spend their time however they want while not being tied down to a job.īecause of the rental properties, I was able to make it through the hard times and I am continuing to invest in them today. They desire to create a business that can run on its own without them. I learned that the only way to really become wealthy is by having my money work for me rather than the work for my money.Įscapes high taxes by deferring their taxes to a future date or utilizes the IRS rules to pay the lowest tax rate of all kadrant other groups. Inject some real fun into learning about money and investing. Learning doesn’t just happen in a classroom or from a book. Rich Dad’s CASHFLOW Quadrant: Rich Dad’s Guide to Financial Freedom on *FREE* shipping on qualifying offers.