The CashFlow Quadrant (Review and Analysis of Kiyosaki and Lechter's Book)

Book Presentation

The Cashflow Quadrant by Robert Kiyosaki and Sharon Lechter

Summary of The Cashflow Quadrant (Robert Kiyosaki and Sharon Lechter)

Book Presentation

The Cashflow Quadrant by Robert Kiyosaki and Sharon Lechter

Book Abstract

MAIN IDEA

The CashFlow Quadrant is the four ways income can be generated:

E – You can get a job.

S – You can be self employed.

B – You can build and own a business system of some type – and have other people working for you.

I – You can invest in other businesses – effectively letting your money and other people’s money work for you.

True wealth is measured in time rather than dollars. Specifically, wealth is the amount of time you can maintain your current standard of living without physically working. The greater this kind of wealth, the more financial freedom you achieve.

In short, to become financially wealthy, maximize the amount of time you spend acting as a B’’ or an I".

About the Author

ROBERT KIYOSAKI, author of this book and Rich Dad Poor Dad, is the co-founder of an international educational company which teaches business and investment principles. He is an active investor in real estate and specializes in the development of small cap companies. He is also an accomplished public speaker in the areas of financial education and broad economic trends.

SHARON LECHTER, co-author, is a certified public accountant who specializes in the fields of education and publishing. She was actively involved in the development of the electronic talking book industry and currently pioneers advancing new technologies for initiatives