Wise use of your time is critical as entrepreneurs and investors. We all have more projects than we do time in the day. But the traditional word “time management” never struck me as extremely helpful. Management to me means getting more efficient at organizing and dealing with the thousands of stimuli in your life. You could be very efficient at managing [Continue Reading]
CASHFLOW Quadrant, by Robert Kiyosaki
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]
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]
The Urgent & Important: How to Take Control of Your Time
If you’re doing anything worthwhile, you’re busy. There never seems to be enough time in the day, does there? To improve this situation, you can start by learning better time management techniques, like good to-do lists and productivity hacks like the 2-minute rule. But at some point efficiency at doing more is not enough. You can [Continue Reading]
How to Make Big Money in Real Estate, by Jack Miller
Back in the 1970s Jack Miller and John Schaub (see my book review) were two of the first investors to teach seminars on single family house investing. Sadly Jack passed away in 2009, but both he and John are still favorite teachers of mine. Jack had a hilarious style as a teacher. He kept it fun [Continue Reading]
Case Study: $100,000 Per Year Rental Income
Let’s be honest. Rental properties are fun and interesting, but what we really want is the large, steady rental income they will give us for many years to come. That’s a fine motivation. After all, this money can help you do more of what matters. And that’s exactly the point. So, I’d like to share a case study [Continue Reading]
Friday Fab Five – Freedom Formula, Online Rent Payments, Biographies, & 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]
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