Sharon Letschert of Robert Toru Kiyosaki.

In which quadrant are you? Does this quadrant suit you?

& gt& gt All four quadrants can achieve financial freedom, but having the skills of B or I will make you achieve financial freedom faster.

In this sense, every successful E should strive to be a successful I.

Rich dad put forward a completely different view: "Go to school, graduate, start a business, and be a successful investor.

Who is this book written for?

& gt& gt "Am I repairing pipes or carrying water in buckets?" "Am I hardworking or smart?"

& gt& gt is suitable for people who are tired of "bottled water" and want to build a pipeline where cash can flow into (rather than out of) themselves.

◆ This book is divided into three parts.

& gt& gt To be B or I, you must be able to control your cash flow.

◆ The first part cash flow quadrant

& gt& gt My answer is that making money requires a dream, a series of decisions, the determination to learn quickly, the ability to use one's talents correctly, and the ability to distinguish which part of the cash flow quadrant one's income comes from.

& gt& gt For my rich father, the following is the most important thing: 1. Have time to educate children. 2. Have money to donate to charities and charitable projects he supports. 3. Create employment opportunities for the community and maintain economic stability. Have time and money to take care of your health. 5. Being able to travel around the world with my family.

◆ Chapter 2 Different quadrants, different people

& gt& gt stone soup

& gt& gt Looking at financial statements, marketing, promotion, accounting, management, production and negotiation, he stressed the need to learn to cooperate with others and lead others.

& gt& gt To be a successful B, you need: 1. Ownership or control of the system; 2. The ability to lead others

& gt& gt The definition of wealth is: "When you don't work at all (or everyone in your family doesn't work), the number of days you can survive under your current living standard."

& gt& gt People can also invest in education.

& gt& gt Loyalty and hard work are another form of investment, such as being a lifelong employee of a company or government.

& gt& gt Others invest in their families. In return, their I-quadrant measure is how much of your income comes from the quadrant where you don't have to work.

& gt& gt If you want to become rich, you must learn how to take risks and become an investor. "

& gt& gt Don't avoid risks, learn to control them.

& gt& gt People who dare to take risks change the world. Few people can get rich without taking any risks.

◆ Chapter III Why do people choose safety over freedom?

& gt& gt You work hard in the left quadrant of cash flow and get the result after success: success makes your leisure less and less-although you can earn more money.

& gt& gt I suggest you try to be a professional investor.

& gt& gt American millionaires are freelancers, living frugally and investing for a long time.

& gt& gt, that is, from S to B, is usually adopted by many great entrepreneurs, such as Bill Gates. This is not the easiest way, but I think it is the best one.

It is much better for>& gt to learn to work in multiple quadrants, especially one on the left and one on the right, than to work in only one quadrant.

& gt& gt This is the model recommended by rich dad and the road to financial freedom. This is real financial freedom, because in quadrant B, others work for you, while in quadrant I, your money works for you. You are free to choose whether to work or not. Knowledge of these two quadrants will give you complete financial freedom.

& gt& gt If you have enough money and enough free time, please go directly to Quadrant I, but if you don't have much time and money, then this road I recommend will be safer. "

◆ Chapter 4 Three Types of Commercial Systems

& gt& gt There are three common enterprise systems, which are: 1. A traditional C-type enterprise founded by business owner B-a system developed by himself. 2. Franchising-buying off-the-shelf systems. 3. Network marketing-purchase and become a part of the existing system.

& gt& gt Before building a successful company, you may lose two or three companies. "

There are three ways for>& gt to become B quickly.

1. Find a tutor >> If you want to read a good introductory book on entrepreneurship, Michelle Gable's The Mystery of E is a good choice.

2. Concessions

A real B needs not only a system, but also excellent people to operate the system.

3. Network marketing

◆ Chapter V Seven Levels of Investors

& gt& gt You should sit down, make a plan, control your consumption habits, and minimize debt; Live with your money and increase your wealth; Find out how much money you want to invest every month and how long it will take to recover the cost according to the actual rate of return, so as to finally achieve your goal. Your goal should be this: When am I going to stop working? How much do I need every month?

The purpose of>& gt capitalists is to make money by harmoniously organizing other people's money, their wisdom and their time.

Chapter VI You can't just look at money with your eyes.

> > "95% people invest with their eyes, and only 5% people use their brains.

& gt& gt Your profit is generated when you buy it, not when you sell it.

& gt& gt If you are prepared to take responsibility and risk, make sure that you will be rewarded for it. "

& gt& gt If you can't prove something is true, it's just a suggestion.

Chapter 8 How can I become rich

& gt& gt recommend a classic book for you: think and grow rich by Napoleon Hill.

& gt& gt One of the greatest wealth of the rich is their unique way of thinking.

& gt& gt Be yourself.

& gt& gt You have read Daniel Goldman's EQ.

& gt& gt People who dare to take risks, make mistakes and then correct them will do better than those who dare not make mistakes because they are afraid of taking risks.

& gt& gt financial quotient is 90% EQ plus 10% financial technology information.

& gt& gt Trading for a Living written by Dr. Alexander Aird is one of the best books on money and risk control that I have ever read.

The third part is how to become a successful B and I.

There are three kinds of>& gt.

& gt& gt Basic cash flow forms: one for the rich, one for the poor and one for the middle class.

& gt& gt He wants us to form another financial thinking mode, only considering the income in the form of assets and capital gains, dividends, rents, residual income of enterprises and royalties.

& gt& gt Want to succeed in Quadrant B or Quadrant I, you need to have financial quotient, system knowledge and emotional intelligence.

& gt& gt If he wants to play a simpler game, he should play Monopoly.

◆ Chapter 1 1 Step 1: It's time to consider your own career.

& gt& gt Take action

& gt& gt 1. Fill in personal financial statements.

& gt& gt2. Set financial targets:

◆ Chapter 12 Step 2: Control your own cash flow.

& gt& gt Every debt you have is someone else's asset.

& gt& gt Most people violate the golden rule of personal finance, that is, "pay yourself first".

& gt& gt "People who can't control cash flow are working for people who can control their own cash flow.

& gt& gt The second step to find your own financial fast lane is to "control your own cash flow".

◆ Chapter 13 Step 3: Understand the difference between risk and adventure.

& gt& gt The rich are committed to acquiring assets, not working harder.

& gt& gt There is no risk in doing business and investing, and there is no knowledge of taking risks.

& gt& gt "Safe and stable work" will be the biggest risk for such people; There is no risk in buying assets, only when you are told that this is a liability of assets; There is no risk in considering your own career, and other people's careers and

& gt& gt Take action

& gt& gt2. Spend five hours a week doing one or more of the following things: reading the business section of the newspaper and the Wall Street Journal. Listen to financial news on TV or radio. Listen to the teaching tapes about investment and finance. Read financial magazines and newsletters. Play the game of "cash flow"

◆ Chapter 14 Step 4: Decide what kind of investor you want to be.

I must have my own company! ! ! Five dollars and six dollars.

& gt I suggest learning how to start a business first, because running a business will provide you with a crucial educational process.

Set up a financial planner company? Or be a freelance accountant?

& gt& gt Find your own fast track. Therefore, for those who want to find their own fast track of financial management, please start: 1. Mind your own business. 2. Control your cash flow. 3. Understand the difference between risk and adventure. 4. Understand the differences between investors A, B and C, and choose to be these three types of investors at the same time.

& gt& gt Take action to acquire investment knowledge: I suggest again that you should become an experienced level 4 investor before becoming a level 5 or 6 investor, and start and continue your education on a small scale. Do at least two things every week: 1. Attend financial seminars and classes.

& gt& gt2. Look for real estate for sale in your area. Visit 3-4 stores every week and ask the salesperson to tell you about this asset. Ask some questions: Is this an asset investment? Or: Is it a taxi? What is the rent now? What is the vacancy rate? What is the average rent in this area? How much is the maintenance fee? Is there regular maintenance? Will the homeowner finance? What types of financing conditions can be obtained? Practice calculating the monthly cash flow of each asset, and then have the asset agent check it to see what you have forgotten. Every property is a unique business system and should be regarded as a personal business system.

& gt& gt3. Meeting several stockbrokers.

& gt& gt4. Subscribe to the investment newsletter and study it. 5. Continue to read books, listen to tapes and watch videos, watch financial TV programs and play cash flow games.

◆ Chapter 15 Step 5: Find a mentor.

& gt& gt I should focus on passive income and take the time to get information that can bring me passive income or long-term residual income.

& gt& gt He suggested that I concentrate on establishing asset projects, increasing passive income from capital gains and dividends, residual income from enterprises, rental income from real estate and royalties.

& gt& gt Let's keep away from evil.

& gt& gt If you want to go to a place, you'd better find someone who has been there.

& gt& gt Professional athletes have coaches, while amateur athletes have no coaches.

& gt& gt take action 1. Find a mentor-find out who might be your mentor in the investment field and the enterprise field.

& gt& gt The people you associate with are your future.

& gt& gt I must change my mind, so I must also change the people I associate with.

◆ Chapter 16 Step 6: Turn disappointment into strength.

& gt& gt people are in adversity >> like to blame others.

& gt& gt Don't run away from disappointment, but be prepared. Disappointment is an important part of the learning process. Just as we learn from our mistakes, so do we.

& gt& gt's temper in disappointment.

& gt& gt 1.

& gt& gt2. With the help of a tutor.

& gt& gt You >> will never have all the answers, but you have to start anyway.

& gt& gt3. Be kind to yourself.

& gt& gt Tell the truth

& gt& gt take action 1. Make mistakes. & gt& gt2. Invest a little money and start small.

& gt& gt3. The key to taking action is to take action!

◆ Chapter 17 Step 7: The Power of Confidence

Fear will make you accomplish nothing.

& gt& gt The only person who can decide what he thinks of you is yourself. So the harvest of this trip is not only the freedom brought by money, but also the freedom brought by your trust in yourself, because they are actually the same thing.

& gt Although you can't be good at everything, if you take the time to develop the skills you need to master, your world will change rapidly. Never run away from what you need to learn, face up to your fears and doubts, and a new world will open up for you.

take action

Believe in yourself and take action today!

◆ Summary of Chapter 18

& gt& gt Your boss's job is to give you a job, and your job is to make yourself rich. "

◆ Trilogy of Finance and Business Education

& gt& gt Stage 1: Read the Rich Dad series.

& gt& gt Stage 2: Play the game of "Rich Dad's Cash Flow"

& gt& gt Stage III: Attend the Advanced Seminar on the Road to Wealth Freedom.

& gt& gt The poor work for money, and the rich let money work for themselves!