Brief Commentary The Cashflow Quadrant is a follow-up to Robert Kiyosaki’s famous book Rich Dad, Poor Dad. I find this book superior to the original because it contains a lot more meaty ideas. Some of the ideas I first read in this book have nourished and sustained me as an entrepreneur for many years. I love the simplicity of Kiyosaki’s visual explanations. [Continue Reading]
Archives for May 2016
The Power of Business Leverage – OPM and OPT
Most of us have heard that the secrets to great riches and wealth are: OPT – Other People’s Time OPM – Other People’s Money OPT and OPM are found on the right side of the Quadrant. For the most part, people who work on the left side of the Quadrant are the OP (Other People) whose time and [Continue Reading]
How Money Supports Life
[Rich Dad] thought it foolish to spend your life working for money and to pretend that money was not important. Rich Dad believed life was more important than money, but money was important for supporting life.” Robert Kiyosaki, Cashflow Quadrant We don’t need to worship money. Far from it. But like Rich Dad said, it’s foolish [Continue Reading]
How to Achieve True Financial Security
Many of us have been conditioned from our earliest days to think about job security, rather than financial security or financial freedom. And because most of us learn little to nothing about money at home or at school, it is only natural than many of us cling even more tightly to the idea of job [Continue Reading]
Friday Fab Five – Virtual Office Tools, Radical Personal Finance, Exploring Argentina From Afar, & More
The Friday Fab Five is a series where I share five articles, books, or resources that I’m currently using and enjoying. There are many wonderful resources about real estate, personal finance, entrepreneurship, and life out there, so I’ve narrowed them to some of my favorites that I think you´ll enjoy. Here are this week’s Friday Fab [Continue Reading]
Live-in-Then-Rent Case Study – From $450 to $1,200 Rent in 8 Years
This rental case study began in late 2008. I didn’t have a name for this type of deal when I started, but I now think of it as a “live-in then rent” because I first moved in and later turned it into a rental. As you’ll see, this deal has only gotten better and better [Continue Reading]