Rich dad cashflow quadrant

Rich dad’s guide to financial freedom. Every book is preaching financial freedom. When will we be free from it? This book tries to hook you but doesn’t deliver on anything compelling or out of the ordinary. The author takes a limited view of economic advancement by introducing a concept of quadrants, such as employee, self-employed, business owner, or investor… which is the best quadrant for you? Don’t waste your time with the book; there is very little worthwhile information. But if you are curious, here you are:

Part one: Differences among people in the quadrants.

Part two: About personal change. It is more about “who” you have to be instead of what you have to do.

Part three: Seven steps you can take on your path to the right side of the quadrant. One interesting thought presented is maybe you can cook a better burger than McDonald’s but can you build a better business system than McDonald’s?

The author can’t do it either… but that’s not important, the important thing to consider is that when Ray Kroc got McDonald’s going he didn’t need any guru business advice from crummy books like this or spend his time going to business seminars on creating wealth.

The book, like lots of other books will mention OPT and OPM, other people’s time and other people’s money as a key business component.

And there are those seven steps:It’s time to mind your own business

Take control of your cash flow

Know the difference between risk and risky

Decide what kind of investor you want to beSeek mentors

Make disappointment your strength

The power of faith

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