Rich Dad’s
Cashflow Quadrant
Rich Dad’s Guide to Financial Freedom
by Robert T. Kiyosaki, 1998The earthly father of Jesus was a carpenter — a business owner. Many of the Apostles were fishermen — partners in business. Paul supported his ministry as a tent-maker — self-employed. Jesus used both employers and employees in His parables. The Bible speaks to different people who make money in different ways. Today, however, most Christians are employees who don’t understand the mind-set or the skills necessary to own, run, or invest in a business.
This book describes four different ways of making money and the differences between the types of people who excel in each. It also gives advice to people who want to move from one quadrant to another, as well as ways for people who are happy in their quadrant to get their cash flow patterns on track.
Good stewardship of our resources is an important way for us to be available to fulfill God’s purpose for our lives. This book teaches principles that will improve our ability to be good stewards of our material goods.
Which Quadrant Are You In? Is It The Right One For You?
- Part I: The CASHFLOW Quadrant
Why Don’t You Get A job?
— Four different ways of generating income: As an employee, self-employed, owning a business, as an investor- Different Quadrants ... Different People — People can change which quadrant they are in, if they can welcome change at the core of who they are
- Why People Choose Security Over Freedom — School primarily trains people to be employees; this chapter discusses some of the qualities necessary to move into other quadrants
- 3 Kinds Of Business Systems — Develop your own system, buy an existing system (franchise), or buy into and become part of a network marketing system
- The 7 Levels Of Investors — People with no money, borrowers, savers,
smart
investors, long-term investors, sophisticated investors, and capitalists - You Cannot See Money With Your Eyes — Important information that will help you train your mind to see money
- Part II: Bringing Out The Best In You
- Becoming Who You Are — Break the addiction to your familiar pattern of making money, find your passion, and build a business system around your passion
- How Do I Get Rich? — To change what you have, don’t start by changing what you do. First, you must change how you think
- Be The Bank ... Not The Banker — Some examples of ways in which business deals can be structured so as to effectively
loan
your money to a buyer
- Part III: How To Be A Successful
B
andI
- Take Baby Steps — Set daily goals that are attainable and will positively reinforce your progress toward your big goal
THE 7 STEPS TO FINDING YOUR FINANCIAL FAST TRACK - Step 1: It’s Time To Mind Your Own Business — Fill out a personal financial statement and set some financial goals
- Step 2: Take Control Of Your Cash Flow — Important recommendations that will help get your cash flow on track
- Step 3: Know The Difference Between Risk And Risky — Increase financial intelligence to learn how to take on risk without being risky
- Step 4: Decide What Kind Of Investor You Want To Be — Learn to solve problems; the better you are at solving problems, the more wealth you will gain
- Step 5: Seek Mentors — Spend time with people who are skilled in the areas you need to develop
- Step 6: Make Disappointment Your Strength — Important advice on how to learn from your mistakes
- Step 7: The Power Of Faith — Get your thoughts and words in line with your goals
- In Summary
- Take Baby Steps — Set daily goals that are attainable and will positively reinforce your progress toward your big goal