A sequel to Kiyosakis best seller Rich Dad Poor Dad, this book enables readers to perceive how their role in the world of money lends them vis-a-vis the ability to becoming financially free. An insightful expose on those people who work less and earn more, this book is a must have for anyone who cares about money which is everyone.
Summary Of The Book
The cashflow quadrant is essentially a grid consisting of four quadrants which in this case uses the letters E, S, B and I. Here E stands for employee while S stands for self-employed. Analogously B stands for business owner and I stands for investor. Kiyosaki takes this basic quadrant pattern and throws in all the concepts and ideas pertinent to each of the quadrants. By doing this, Kiyosaki achieved a clear vision as to how they related to the phenomena of taxation, incentives and entrepreneurial vision.
The debate central to the theme of Rich Dads Cashflow Quadrant: Guide To Financial Freedom is the one that pits individuals in a choice between security and freedom and then exhibits the finality of the consequences. Kiyosaki doesnt stop at this debate since through the book he clarifies a number of other economic circumstances and states outcomes that range from desirable to not so desirable.Rich Dads Cashflow Quadrant: Guide To Financial Freedom provides the knowhow on shifting across quadrants and finding a more suitable habitat in terms of making money. The book endorses the evolution from the industrial into the information age and places the areas of interest where potential advantages lie for those willing to take the risk.
The incendiary material coupled with Kiyosakis incisive statements have rendered this book a treasure chest of knowledge for everyone falling into any of the quadrants. Rich Dads Cashflow Quadrant: Guide To Financial Freedom has grown to become a Wall Street Journal bestseller. It promises to deliver on the necessary tools for all individuals to find their freedom financially.
About Robert T. Kiyosaki
Robert Toru Kiyosaki dons many caps as an American businessman, self-help author, investor and financial activist, motivational speaker and financial commentator. He has authored over a 15 self help books all under the umbrella of the Rich Dad brand. Of these, Rich Dad Poor Dad, Rich Dads Cashflow Quadrant and Rich Dads Guide to Investing went on to top bestseller lists across Wall Street Journal, USA Today and New York Times.
Kiyosaki was raised in Hilo, Hawaii. He enrolled in the U.S. Merchant Marine Academy in 1969 after graduating from high school, and he served as a helicopter gunship pilot in the Vietnam war and was awarded the Air Medal for his contribution. In 1977, he started his own company which eventually went bankrupt. After a slew of successful real estate investments he launchedCashflow Technologies Inc. which undertook the operations across his Rich Dad and Cashflow brands.The Rich Dad brand went on to sell over 26 million copies of the Rich Dad Poor Dad series of books that Kiyosaki authored. He retired at the age of 47 and lives in Phoenix, Arizona with his wife, Kim.
