The CASHFLOW Quadrant represents the different methods by which income or money is generated … Different methods of income generation require different technical skills, different educational paths, and different types of people.” Robert Kiyosaki, Cashflow Quadrant The Cashflow Quadrant. It’s the main idea of Robert Kiyosaki’s book by the same name. And it’s a powerful one that [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]