Cashflow Quadrant
(Robert Kiyosaki)
Ever wonder why the rich gets richer and the poor gets poorer ? Cashflow Quadrant, the sequal to Robert Kiyosaki's Rich Dad Poor Dad provides and enlightening insights to the different ways income could be generated. Rich with excerpts from Kiyosaki's experience as he journeys from a cash poor to a cash rich situation, it is both motivational and educational. Makes one feel as if there is still hope for the financially uneducated and cash poor man on the street. Although this would not make you a millionaire overnight, it does provide fresh ideas on where one could generate income from instead of being too dependent on one's 9 to 5 job. There are basically four quadrants, according to this book from where one's position in the business world could be determined. A person may be categorised by one or more quadrant depending on how his income is generated. Each quadrant has it's own pros and cons however, the idea is to strive to generate more passive income than to depend on a job for an income. The idea as explained in the book is simple to understand and it is illustrated by graphics which makes grasping of the concepts easier. Like Rich Dad Poor Dad this book explains that a person's willingness to the risk and accepting that there are other ways of earning income besides depending on a stable 9-5 job is important to achieving the successes which he has accomplished thus far. This goes without saying that besides intelligence and shrewdness, knowledge and information of how businesses work is the key to success. Hence rather than plunging headlong to do things which you may not understand, it may be prudent to take risks but which you know is secure.
Resumos Relacionados
- Rich Dad Poor Dad
- Rich Dad, Poor Dad
- Poor Dad Rich Dad
- Rich Dad, Poor Dad
- Rich Dad Poor Dad Ii -cashlow Quadrant
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