![]() Their money is enabling others to create wealth and share that wealth with the I. They may invest in real estate, businesses, concepts, or many types of income streams, but they themselves are not performing the day to day nitty gritty duties. Is (Investors) are those who have their money work for them, and use the money of others to create wealth for themselves. Ideally, a B creates a system where the individual B does not even need to come into the office because of all the processes created with others running those processes. An understanding and deep-rooted comfort with processes and delegation is key to being a B. Ss tend to not give up control, and have difficulty expanding their business so that they truly develop as a B (Business owner).īs (Business owners) are the people who have made the jump to using the time, expertise, services, and loyalty of others to create wealth for themselves. He describes Ss (Self-employed) as people who have made a jump forward to directing their own destiny and self-reliance, but still trading their time for money. They directly trade their time for money, and they work for Bs (Business owners) who make money from the E’s efforts. Es also tend to be reliant upon others, complacent, don’t want to rock the boat, and not in control of their own destinies. Kiyosaki describes Es (Employees) as people who likely are following what they were told to do in school and by family: get a good job with good benefits and rely on pensions, 401(k) mutual funds, and home debt reduction to acquire some form of net worth and residual income. ![]() He makes many cases for moving away from the “left side” (E and S) to the “right side” (B and I), as well as along a progression from E to S to B to I. The book revolves around E S B I: Employees, Self-employed, Business owners, and Investors. “Cashflow Quadrant” further drives home the main points by describing the characteristics of people, income, and how to progress from standard ways of thinking to a lifestyle and priorities that align directly with the tenets of real estate investing. “Rich Dad Poor Dad” is likely one of the most inspiring books anywhere for many people considering making the transition to real estate investing. The phases are always from E to S, to B, to I.Robert Kiyosaki’s “ Rich Dad’s Cashflow Quadrant: Rich Dad’s Guide to Financial Freedom ” is the longtime best selling follow-up to the author’s “ Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! “. Remember, there's no shortcut magic bullet will make you jump from Employee to suddenly a successful Big Business Owner or Big Investor. Then transition into becoming a pure investor. Then transition into being a big business owner. Then transition into being self-employed. Thankfully, Robert Kiyosaki also gives a roadmap of the usual path towards becoming rich. Now freedom with money is enjoyed by people who are in the B and I quadrants. This means having millions invested in different companies and you're living off on the dividends. Then being in I means you're able to earn all of your income just from investing. So yes, it's some pretty high standards to reach this quadrant. This means having a business you can leave on autopilot for an entire year, and it would still grow. Now, let me share some finer details on his definitions.īeing in B - business means a Big Business.
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