Having time and money to take care of his health.īeing able to travel the world with his family. Having money to donate to charities and projects he supported.īringing jobs and financial stability to the community. To Robert’s Rich Dad, the following things were important to him in life: So why work hard for money? Learn to have money and people work hard for you., and you can be free to do the things that are important.’ that money is necessary for supporting a quality lifestyle! His Rich Dad said: ‘You only have so many hours in a day and you can only work so hard. To Robert making money takes ‘.a dream, a lot of determination, a willingness to learn quickly, and the ability to use your God-given assets properly and to know which sector of the CASHFLOW Quadrant to generate your money from.’ We had no money when we started, and we were in debt.’ To get from homeless in 1985 to rich in 1989 and then to become financially free by 1994 did not take money. In the book’s introduction Robert shares how he often hears people say that… ‘It takes money to make money.’ It is for people who are tired of hauling buckets and are ready to build pipelines for cash to flow into their pockets… not out of their pockets.’ It is about what it takes to become a “B” and an “I”. The answers to those questions made Robert Kiyosaki financially free.! Says Robert: ‘I often ask myself: Am I building a pipeline or hauling buckets? Am I working hard or working smart?’ He only makes a penny a bucket of water delivered, but he delivers billions of buckets each day.’Įntrepreneur TWO ‘.lived happily ever after’… and Entrepreneur ONE ‘.worked hard for the rest of his life and had financial problems forever after.’ ‘He rewrote his business plan and went off to sell his high speed, high volume, low cost, and clean water delivery system to villages throughout the world. Whist it took longer for Entrepreneur TWO’s solution to deliver water from his faucet… it was cleaner… it was easier to deliver… faster… leading to higher volume… and lower cost. Within a year this team had built a large volume stainless steel pipeline which connected the village to the lake.’ Since he had no competition, he was very happy making all the money.Įntrepreneur TWO… ‘Instead of buying two buckets to compete… had written a business plan, created a corporation, found four investors, employed a president to do the work, and returned six months later with a construction crew. The village elders put the tender for a regular water supply contract to the two entrepreneurs.Įntrepreneur ONE immediately bought two steel buckets and began hauling water from the lake to a large holding tank in the village.Įntrepreneur TWO… just seemed to disappear… for months!Įntrepreneur ONE was working hard, getting up early in the morning to make sure that there was enough water for the village in his holding tank when the villagers awoke. He begins his work with a short story of two entrepreneurs in a little village that had no consistent supply of water… apart from when it rained. A successful “E” should also become a successful “I”.’ ‘While financial freedom can be found in all four of the quadrants, the skills of a “B” or “I” will help you reach your financial goals more quickly. To Robert, no one quadrant is any better than the other, for each has it’s strengths and weaknesses. He defines 4 key types of people in the world as:ī - Business owner - upper right quadrant Says Robert: ‘This book is written for people who are ready to change quadrants.’ In this book he allows the reader to identify where you are currently… and provides a road-map for where you want to go. In The CASHFLOW Quadrant, Kiyosaki identifies that there are four different types of individuals who make up the world of business. 1 best-seller - ‘Rich Dad, Poor Dad’ - made such a dramatic impact on this reviewer that it became a natural and urgent task to review his follow-up - aimed at those people who are ready to apply his principles and who are about to commit to ’choosing new options, new directions, and a new financial future’. Book Review by Trevor Nel (June 2001) - Why Some People Work Less.
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