Rich Dad's Cashflow Quadrant Essay
Rich Dad's Cashflow Quadrant essay.
Robert Kiyosaki is the cofounder 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.
The basic premise of Cashflow Quadrant comes from an actual symbol of a quadrant with various letters in it. Each letter corresponds to a different way in which money and wealth is earned. The "E" is for employee, in which you are work for someone else. "S" stands for self-employed, where you work for yourself. "B" is for business, where you build a system to employ others. And finally, "I" is for investment in which your money works for you. Most people start on the left side of the quadrant and a vast majority of them stay there for their entire lives. Kiyosaki's point is that you should want to move to the right side of the figure if you truly want to be rich.