Posts Tagged ‘rich dad poor dad’

The Cash Flow Quadrant Revisited: Network Marketing

Sunday, February 14th, 2010

Cash Flow QuadrantIf you’ve read any of Robert Kiyosaki’s books, you should be familiar with the concept of the cash flow quadrant. If you’re not quite familiar with this concept, it is an explanation of the four different ways you can make money; legally. The first quadrant is the employee quadrant. You simply work for someone else; your employment hours and salary are determined by someone else and you just do your job. The second quadrant is the self employed quadrant. This usually entails doctors or lawyers having their own practice. They have more freedom, but the job still requires them to be present. The third quadrant is the business owner. You have the opportunity to make money off of other people’s efforts; you are not required to be present to make money. Finally, the last one is the investor quadrant; you let money work for you.

Network marketing is a great way to transition from the employee/self employed quadrants to the business owner/investor side; it is the reason why many people are attracted to this industry. However, there is a misconception about when you actually own your network marketing business. Many people believe that the moment they sign up for an opportunity, they own their own business. Nothing could be further from the truth.

Exclusive Rich Dad Poor Dad Review For True Entrepreneurs

Saturday, January 30th, 2010

Rich Dad Poor Dad ReviewThis “Rich Dad Poor Dad” review is not written to be a blatantly obvious summary of the book.  It is a further, more in-depth study of the concept Robert Kiyosaki may have had in the back of his mind, but is not made prominent after reading the book once.  Clearly, there is a message of inspiration to break out of the so called rat race and be in business for yourself.  However, more messages seem to surface after reading the book several times.

We can all agree that Rich Dad Poor Dad is a beacon of hope to corporate workers who feel stuck.  Day in and day out, people are living paycheck to paycheck and the possibility of freedom seems more distant each and every day.  Robert Kiyosaki has definitely hit a home run producing this book and becoming a best selling author.

There is a message that a very casual reader may miss when reading Rich Dad Poor Dad for the first time.  Robert Kiyosaki is not simply shouting out a declaration to break free of corporate dependency, he is asking you to develop a reason to do so.  In other words, create a “why that makes you want to cry.”  What exactly do I mean by this?