Complete summary of Robert Kiyosaki and Sharon Lechter's book: qThe Cashflow Quadrant: Rich Dadas Guide To Financial Freedomq The review of the ideas in Robert Kiyosaki and Sharon Lechter's book: qThe Cashflow Quadrantq shows the four ways in which income can be generated: 1. You can get a job; 2. You can be self employed; 3. You can build and own a business system of some type; and 4. You can invest in other businesses. This summary highlights that most people spend the majority of their time working in the first two quadrants. The only problem is that to build assets which may decline in value (houses, possessions), they take on greater amounts of debt, locking them in to working harder still to earn more to service more debt. The financially astute, however, maximize the amount of time spent on activities in the 2nd and 3rd quadrants. The objective is to build their assets until that source of cashflow covers life style expenditure. Added-value of this summary: ac Save time ac Understand key concepts ac Expand your business knowledge To learn more, read qThe Cashflow Quadrantq and you will see opportunities where others see difficulties.Mark Twain aI encourage all of you wanting to make the crossing from the quadrants on the left to the rightto make sure you have a longterm ... Tiger Woods loses more than he wins, yet he still loves the game. ... Losing only made him smarter and more determined. Many wealthy people went broke before they became rich.
|Title||:||Summary: The CashFlow Quadrant - Robert Kiyosaki and Sharon Lechter|
|Publisher||:||Primento - 2013-02-15|