First, I want to give my comments for 'Rich Dad, Poor Dad' by Robert T Kiyosaki. I want to thank him for such a great book and has opened my mind to a whole new angle about financial freedom.
According to Robert T. Kiyosaki's book 'Rich Dad Poor Dad', he mentions about the Cash Flow Quadrant. The Cash Flow Quadrants are Employee Quadrant, Self-Employee Quadrant, Business Owner Quadrant and Investor Quadrant.
Most parents think that their kids need to go to college after finishing high school to achieve higher education in hoping to get a good job in a real life. This perception is not wrong but it's just not perfectly guarantee that their kids will be rich or success after getting a good job. As long as you still working for a company, you still can not be richer than the owner of the company.
I also have a bad experience before. I worked for couple years in a start up company until I got laid off because the company was not doing very well. At that time, I thought that working with people can not guarantee me for life. Then, Robert Kiyosaki's book changed my mind.
The book makes me realize that I had to move on and move to business quadrant or even investor quadrant. I want money works for me not me works for money. Again, I am not selling Mr. Kiyosaki's book here. I am just applying what he wrote in his book in my real life and I am starting to get the result now. And I am happy with it.
Now, you might asked me then how to make money works for us not vice versa. Well, one ways is that by creating a passive income. Passive income can be sustained by many ways, like Mr. Kiyosaki, he created passive income by dealing in the real estate business. He even joined Amway and he was focusing in this business for 5 years until know he must earned a lot of money from his passive income.
In conclusion, what I want to say is that again you have to open your mind not working with people for the rest of your life. You might need to work with a company for couple years to get enough investment for you to move to business owner quadrant or event moving to the highest level of the quadrant which is an investor quadrant.
The book is highly recommended.
Yochention Saritoh is an internet marketer. If you want to know more how you can be an internet marketer as well, you can visit his website at www.yochention.com
Robert Kiyosaki, although it sounds strange, had two fathers. Rich dad and poor dad. Biological father, PhD, head of education for the State of Hawaii, had always not enough money and died in debts. Second one, that left shool at the age of 13, realised his life plans and become one of the most rich people on Hawaii.
Kiyosaki is best-known for his books on investing. His first bestseller was titled Rich dad poor dad
, and is an attempt to change the mindset of the average employee. Kiyosaki talks about his "poor dad", his actual father, who had very little real net worth, as well as his "rich dad". According to Kiyosaki, his rich dad was his best friend's father who became very wealthy by investing his smaller income into income-producing investments, and became truly rich.Kiyosaki uses the "rich dad, poor dad" comparison to illustrate his view that the majority of people are stuck in what he refers to as "the rat race" - living paycheck to paycheck and spending all of their time working to pay bills. In his books, Kiyosaki advocates tax-advantaged investment vehicles, such as real estate or businesses, rather than the traditional individual ownership of securities. He describes what he calls the cashflow quadrant, which is an attempt to differentiate between Employees, Self-employed or Small business owners, Businesspeople (as in those who buy and sell businesses, rather than running their own), and Investors.
Didactic games
In an attempt to open more minds to the thought processes of the rich, Kiyosaki has created several games to reinforce the points in his books. His first game, Cashflow 101
, teaches players how to get out of the rat race by acquiring assets that produce passive income in excess of expenses.
Cashflow 202
is a more advanced game which attempts to help players learn about more sophisticated investing strategies, such as stock options. Kiyosaki also targets adolescents with the game
Cashflow for Kids and his book Rich Kid, Smart Kid
.
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Polish lang version -
polska wersja językowa tutaj: Kiyosaki, bogaty ojciec itp. po polsku
Other interesting Kiyosaki resources: Robert Kiyosaki Fraud. Well, did he made a fraud or not? Rich dad, poor dad rewiev Nice rewiev by Yochention. Go see. Financial literacy Nice article on financial literacy and increasig wealth Affirmations based on Rich Dad, Poor Dad book Do you know the power of affirmations? It's huge! it's tremendous and amazing. Read that article and see for yourself. Robert Kiosaki An author of bestsellers. Even teens may be rich - simple advice for teens to become rich. Kiysaki and his books. My Rich Dad journey - Two years ago, one guy introduced me to Rich Dad Poor Dad by Robert Kiyosaki... Kyisaki and his games. Did you know that Toru is Kiyosaki's middle name? 260 weeks in New York Times best paperback advice list! Wow, that IS great! |