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Robert T, Kiyosaki & Sharon L, Lechter C

Robert T, Kiyosaki & Sharon L, Lechter - The CASHFLOW Quadrant (uc) Rich Dad's Guide to Financial Freedom The CASHFLOW Quadrant I Rich Dad Poor Dad Part II The CASHFLOW Quadrant Robert T, Kiyosaki Published by TechPress, Inc. 6611 N. 64th Place Paradise Valley, Arizona 85253 602-998-6971 Reprinted five times 1999 Reprinted 2000 (once) Copyright 1998 by Robert T. Kiyosaki and Sharon L. Lechter All rights reserved. No part of this publication may be reproduced or distributed it any form or by any means, or stored in a data base or retrieval system, without the prior written permission of the publisher. "CASHFLOW" is the trademark of CASHFLOW Technologies, Inc. Kiyosaki , Robert T. and Lechter , Sharon L. The CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom/ Robert T. Kiyosaki with Sharon L. Lechter p. cm. ISBN 0-9643856-2-7 Pbk. 1. Personal Finance 2. Business Education 3. Success - Financial 4. Investments I. Title Designed by Insync Graphic Studio, Inc. Printed in Australia Distributed by CASHFLOW Education Australia +61 2 9923 1699 8 7 6 The CASHFLOW Quadrant BOOK DEDICATION 'Man is born free; and everywhere he is in chains.

wanted it. It was hard work, but he was very happy to be making money and for having one of the two exclusive contract for this business. The second winning contractor, Bill, disappeared for a while.

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Transcription of Robert T, Kiyosaki & Sharon L, Lechter C

1 Robert T, Kiyosaki & Sharon L, Lechter - The CASHFLOW Quadrant (uc) Rich Dad's Guide to Financial Freedom The CASHFLOW Quadrant I Rich Dad Poor Dad Part II The CASHFLOW Quadrant Robert T, Kiyosaki Published by TechPress, Inc. 6611 N. 64th Place Paradise Valley, Arizona 85253 602-998-6971 Reprinted five times 1999 Reprinted 2000 (once) Copyright 1998 by Robert T. Kiyosaki and Sharon L. Lechter All rights reserved. No part of this publication may be reproduced or distributed it any form or by any means, or stored in a data base or retrieval system, without the prior written permission of the publisher. "CASHFLOW" is the trademark of CASHFLOW Technologies, Inc. Kiyosaki , Robert T. and Lechter , Sharon L. The CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom/ Robert T. Kiyosaki with Sharon L. Lechter p. cm. ISBN 0-9643856-2-7 Pbk. 1. Personal Finance 2. Business Education 3. Success - Financial 4. Investments I. Title Designed by Insync Graphic Studio, Inc. Printed in Australia Distributed by CASHFLOW Education Australia +61 2 9923 1699 8 7 6 The CASHFLOW Quadrant BOOK DEDICATION 'Man is born free; and everywhere he is in chains.

2 One thinks himself the master of others, and still remains a greater slave than they. " Jean Jacques Rousseau My rich dad used to say, "You can never have true freedom without financial freedom." He would go onto say, "Freedom may be free, but it has a price. This book is dedicated to those people willing to pay the price. ===== CASHFLOW Quadrant To Our Friends, The phenomenal success of Rich Dad Poor Dad has brought us thousands new friends all over the world. Their kind words and friendship inspired us to write be CASHFLOW Quadrant which, in reality, is a continuation of Rich Dad Poor Dad. So to our friends, old and new, for their enthusiastic support beyond our wildest dreams, we say thank you. CASHFLOW Quadrant Table of Contents Introduction Chapter One Chapter Two Chapter Three Chapter Four Chapter Five Chapter Six Chapter Seven Chapter Fight Chapter Nine Part III Chapter Fifteen Chapter Sixteen Chapter Seventeen Chapter Eighteen Chapter en Chapter Eleven Chapter Twelve Chapter Thirteen Chapter Fourteen Which Quadrant Are You In?

3 Is It The Right One For You? The Cashflow Quadrant "Why Don't You Get A job? 7 Different Quadrants Different People 17 Why People Choose Security Over Freedom 47 3 Kinds Of Business Systems 69 The 7 Levels Of Investor 81 You Cannot See Money With Your Eyes 97 Bringing Out The Best In You Becoming Who You Are .. How Do I Get Rich? .. Be The Not The Banker How To Be A Successful 'B" and "r Take Baby Steps .. THE 7 STEPS TO FIADING YOUR FINANCIAL FAST TRACK Step 1: It's Time To Mind Your Own Business.

4 199 Step 2: Take Control Of Your Cash Flow 203 Step 3: Know The Difference Between Risk And Risky .. Step 4: Decide What Kind Of Investor You Want To Be .. Step 5: Seek Mentors Step 6: Make Disappointment Your Strength .. 231 Step 7: The Power Of Faith In Summary The Quick Reference Guide to Wealth INTRODUCTION Work Quadrant Are You In? Is It THE Right One For You? Are you financially free? The CASHFLOW Quadrant was written for you if your life has come to a financial fork in the road. If you want to take control of what you do today in order to change your financial destiny it will help you chart your course. This is the CASHFLOW Quadrant- 1 -1 - The letters in each quadrant represent: E for employee S for self-employed B for business owner I for investor The Cashflow Quadrant Each of us resides in at least one of the four quadrants of the CASHFLOW Quadrant. Where we are is determined by where our cash comes from.

5 Many of us rely on paychecks and are therefore employees, while others are self-employed. Employees and self-employed individuals reside on the left side of the CASHROW Quadrant. The right side of the CASHFLOW Quadrant is for individuals who receive their cash from businesses they own or investments they own. The CASHFLOW Quadrant is about the four different types of people who make up the world of business, who they are and what makes individuals in each quadrant unique. It will help you define where you are in the Quadrant today and help you chart a course for where you want to be in the future as you choose your own path to financial freedom, 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. A successful "E" should also become a successful "I". WHAT DO YOU WANT TO BE WHEN YOU GROW UP? This book is in many ways Part 11 of my book, Rich Dad Poor Dad For those of you who may not have read Rich Dad Poor Dad, it was about the different lessons my two dads taught me about the subject of money and life choices.

6 One was my real dad and the other my best friend's dad. One was highly educated and the other a high school drop out. One was poor and the other rich. Whenever I was asked the question, "What do you want to be when you grow up? My highly educated but poor dad -always recommended, "Go to school, get good grades, and then find a safe secure job." fie was recommending a life's path that looked like this. SCHOOL Poor Dad W Advice the Cashflow Quadrant Poor dad was recommending that I choose to become either a high paid "E", employee, or a high paid "S", self employed professional, such as a medical doctor, lawyer, or accountant. My poor dad was very concerned about a steady paycheck, benefits, and job security. That is why he was a high paid government official; the head of education for the State of Hawaii. My rich, but uneducated dad on the other hand offered very different advice. He recommended: "Go to school, graduate, build businesses and become a successful investor. He was recommending a life that looked like this.

7 Rich Dad's Advice SCHOOL --- This book is about the mental, emotional, and educational process I went through in following my rich dad's advice. WHO THIS BOOK IS FOR This book is written for people who are ready to change quadrants. This book is especially for individuals who are currently in the "E" and "S" categories and are contemplating becoming "B's" or "I's". It is for people who are ready to move beyond job security and begin to achieve financial security. It is not an easy life's path but the prize at the end of the journey is worth the journey. It is the Rich dad told me a simple story when I was 12 years old that has guided me to great wealth and financial freedom. It was rich dad's way of explaining the difference between the left side of the CASHFLOW Quadrant, the "E" and The CASHFLOW Quadrantquadrants, from the right side or the "B" and "I" quadrants. It goes: "Once upon a time there was this quaint little village. It was a great place to live except for one problem.

8 The village had no water unless it rained. To solve this problem once and for all, the village elders decided to put out to bid the contract to have water delivered to the village on a daily basis. Two people volunteered to take on the task and the elders awarded the contract to both of them. They felt that a little competition would keep prices low and insure a back up supply of water. The first of the two people who won the contract, Ed, immediately ran out, bought two galvanized steel buckets and began running back and forth along the trail to the lake which was a mile away. He immediately began making money as he labored morning to dusk hauling water from the lake with his two buckets. He would empty them into the large concrete holding tank the village had built. Each morning he had to get up before the rest of the village awoke to make sure there was enough water for the village when it wanted it. It was hard work, but he was very happy to be making money and for having one of the two exclusive contract for this business.

9 The second winning contractor, Bill, disappeared for a while. He was not see for months, which made Ed very happy since he had no competition. Ed was making all the money. Instead of buying two buckets to compete with Ed, Bill had written a business plan, created a corporation, found four investors, employed a president to do work, and returned six months later -with a construction crew. Within a year his team had built a large volume stainless steel pipeline which connected the village to the lake. At the grand opening celebration, Bill announced that his water was cleaner than Ed's water. Bill knew that there had been complaints about dirt in Ed's water, Bill also announced that he could supply the village with water 24 hours a day, 7 days a week. Ed could only deliver water on the weekdays .. he did not work on weekends. Then Bill announced that he would charge 75% less than Ed did for higher quality and more reliable source of water. The village cheered and ran immediately for the faucet at the end of Bill's pipeline.

10 In order to compete, Ed immediately lowered his rates by 75%, bought two more buckets, added covers to his buckets and began hauling four buckets each trip. In order to provide better service, he hired his two sons to give him a hand for the night shift and on weekends. When his boys went off to college, he said them, 'Hurry back because someday this business will belong to you.' The CASHFLOW Quadrant For some reason, after college, his two sons never returned. Eventually Ed had employees and union problems. The union was demanding higher wages, better benefits, and wanted its members to only haul one bucket at a time. Bill, on the other hand, realized that if this village needed water then other villages must need water too. 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. He only makes a penny per bucket of water delivered, but he delivers billions of buckets of water everyday, regardless if he works or not, and all that money pours into his bank account.


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