Cashflow quadrant pdf#

With that said, you need a different set of characteristics and skills to flourish in each Quadrant. It’s foolish to think that some Quadrants are better than others because it’s beyond doubt that we need people to contribute from all parts of the financial spectrum. The skills needed to excel on the right side of the Quadrant are by no means taught at school. On the contrary, he believes that achieving financial stability is the cradle of life itself. Rich Dad, unlike Poor Dad, doesn’t pretend that money isn’t important. In 1994, they finally achieved their financial freedom! Their plight lasted for an entire year, while their friends and family relentlessly pushed the idea of getting a good job.Īt the time, it was truly a challenge to remain true to their perspective. They lived in a small basement room for nine months making a few dollars here and there to keep food on the table and fuel in the gas tank. In 1985, Robert and his wife Kim were at the brink of financial and emotional collapse.

Let’s debunk the first myth – It takes money to make money. While, Rich Dad (often less educated in the formal sense of the word) will advise you to absorb the benefits of state-controlled education, build a business and become an investor. Poor Dad will teach you to go to school, get a degree, get a nice job, and become a well-paid employee. It’s absurd to claim that you don’t fall into either of these categories because we all do. Where do you belong? – is the critical question.

This is only a small list of questions, regularly delivered at Robert’s doorstep. What if you accumulate a substantial amount of debt?.That especially holds true if you “hail” from a family that embraces and nurtures the “Employee” quadrant (composed of highly educated individuals who prefer safety over freedom). It’s certainly complicated to shrug off criticism, remarks, and words of discouragement coming from your closest circle.

Cashflow quadrant pdf#

“Rich Dad’s CASHFLOW Quadrant PDF Summary” Part One – The CASHFLOW Quadrantīack in the days, when Robert still wasn’t geared up with the right mindset, he found that changing quadrants is anything but easy. It’s also important to say that his teaching methods are not in line with conventional methods for improving one’s financial position.Īmong other things, he also wrote the following books: Kiyosaki built a name for himself, after managing to climb the entrepreneurial world in quick succession.Īpart from having written a bestseller which has held a top spot on New York Times bestselling list for half a decade, he has also excelled as an investor, educator, and entrepreneur.