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I enjoy reading all of Robert T. Kiyosaki financial books and this one also I have on my books collection. I have read this book back in 2014 and re-read it again for more wisdom, and here I am writing my view about these masterpieces. Basically in these book, the author teach the reader to understand the four different type of cashflow quadrant, the five-level of investors and three kinds of a business system. In short, this book isn’t about homeless, but about finding a home-a home in quadrant or quadrants.



Each letter corresponds to a different way in which money and wealth are earned. The "E" is for an employee, in which you are work for someone else. "S" stands for self-employed, where you work for yourself. "B" is for business, where you build a system to employ others. And finally, "I" is for investment in which your money works for you. Most people start on the left side of the quadrant and a vast majority of them stay there for their entire lives. The author's point is that you should want to move to the right side of the figure if you truly want to be rich.

Different quadrants, different people.
Changing quadrant is often a change at the core of who you are, by means you can know the individual by the words they often use, it’s not judging the book by a cover.
The ‘E’ (Employee) = Secure, benefit
The ‘S’ (Self-employed) = be their own boss, do their own thing, nobody does it better, I did it my way, have a chance to express their individuality
The ‘B’ (Business owner) = B likes to delegate. The true motto of B is ‘Why do it yourself when you can hire someone to do it for you, and they can do it better.’ One of the quotes by Henry Ford was ‘Thinking is the hardest work there is. That is why so few people engage in it.’ Leadership is about bringing out the best in people.
The ‘I’ Investor = Make money with money & money work for you (other people’s time & other people’s money)

The definition of wealth is the number of days you can survive without physically working (or anyone else in your household physically working) and still maintain your standard of living. Ultimately, it’s not how much money you make that matters but how much money you keep, and how long that money works for you.

The author also shares many pithy quotes from his Rich Dad urging what may very well be unorthodox advice among motivational speakers such as “be prepared to be disappointed” because “only fools expect everything to go the way they want.” He observes that “just as we learn from our mistakes, we gain character from our disappointments” and that inevitably, “losing is part of winning.”

The 3 kinds of business system:
1.    Traditional C corporation-where you develop your own system
2.    Franchise-where you buy an existing system
3.    Network marketing-where you buy into and become part of an existing system

The 5 different level investor:
1.    Level 1 : The zero-financial-intelligence level
2.    Level 2 : The savers-are-loser level
3.    Level 3 : The I’m-too-busy level
4.    Level 4 : The I’m-a-professional level
5.    Level 5 : The capitalist level

Change your mindset around your cashflow
For years people have been taught that buying a house is the biggest asset you can own. WRONG! It is the biggest liability you can own. You do not own that house the bank does! A house is only an asset when it is bringing money into your income stream. A mortgage is an expense and therefore the house actually lays in the banks asset column not yours. The idea is to build assets that bring money.
You don’t have to work 9-5 to reach your goals. You don’t have to work for someone else in a JOB to be successful. There are other ways. The faster you realise and except this the faster you will be open to the opportunities around you.

The crux of the whole book for me was succinctly expressed under the section he sub-titled BE˃DO˃HAVE where he teaches readers to spend more time acquiring the right attitude required to achieve the desired end instead of hastily seeking a shortcut by doing what one thinks will achieve a desired end. The end result of such impulsive action he noted is usually a burnout causing one to abandon one’s dreams even before one has truly started.
Cashflow Quadrant was a real eye-opener and I recommend it to all especially the financially na├»ve and for new business owners. May be it’s time I heeded the advice of the author to “mind my own business.” 

Quote:
'Money is an idea that is more clearly seen with your mind'
'The real issue is the changes you must go through and who you become in the process'
'You can go fast, but don't take shortcuts'
'If you do what everyone else does, you'll wind up having what everyone else has.'
'Be the bank, not the banker.'
'You've got to walk before you can run.'
'It's time to mind your own business'
'People who cannot control their own cash flow work for those who can.'
'Business and investing are not risky, but being under-educated is.'
'Your goal is to own a system and have people work that system for you.'
'Start small and learn to solve the problem.'
'Inside every disappointment lies a priceless gem of wisdom.'
'The only person who determines the thoughts you choose to believe about yourself, is you.'

 want it!