Cashflow Quadrant by Robert Kiyosaki Book Review - shopfun4

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Cashflow Quadrant by Robert Kiyosaki Book Review

Rich Dad's Cashflow Quadrant by Robert Kiyosaki: Guide To Financial Freedom

Table of Contents

  • Summary
  • Overview
  • Strengths
  • Quotes
  • Final Verdict

Summary

Rich Dad's Cashflow Quadrant is one of the best-seller book by Robert Kiyosaki. This is a quiet old book published in 1998. Robert Kiyosaki's Rich Dad Poor Dad was a great success and this book also not an exception.
According to Robert Kiyosaki, If you want to be rich then let money work for you rather than working for money. 
In Cashflow Quadrant, Robert Kiyosaki has explained the four ways with which people earns money. They are Employee, Business Owner, Sole proprietor and Investor.
The Cashflow Quadrant is divided into three parts. The first part is Cashflow Quadrant, the second one is Bringing Out Best In You and the last is How To Become A Successful B and I.

Part 1. Cash Flow Quadrant

Here Robert Kiyosaki explained Core differences between people in the four Quadrants. He explained why people attracted towards a certain Quadrant and stuck their without realising it. Part 1 will try to help you to identify in which Quadrant you are right now and where you yourself after five years.

Part 2. Bringing Out The Best In You

This is about personal change. Its about who you have to be instead of what you have to do.

Part 3. How To Become A Successful B and I

I think this is the most important part amongst the three parts. Here Robert Kiyosaki has given Seven Steps to find the individuals financial track. 
Step 1: Its time for minding your own business.
Step 2: You have to take control of your cash flow.
Step 3: Understand the difference between Risk and Risky
Step 4: Decide What Kind of Investor you want to be
Step 5: Look for Mentors
Step 6: Make disappointment as your strength
Step 7: The Power of Faith

Overview

Cashflow Quadrant is one of the bestseller book of Robert Kiyosaki. I have been a biggest fan of this great author and businessman. They always have a new topic to teach you from their book and Cashflow Quadrant is no exception for that.
The Cashflow Quadrant has arround 300 pages in it. I have finished this book in single seating but as I always says, you never finishes a self help book like this one. You keeps continuesly learning from these books. Its not just about reading it, but a continuous process of understanding what author wants to say.
Robert Kiyosaki has divided The Cashflow Quadrant in 3 parts like I have explained in summary. Each of the part has a new and different concepts to learn. I liked the way Robert Kiyosaki structured this book.
Robert Kiyosaki has specified the four quadrants with letters E, B, S and I. 

He explained that, when E needs money he immediately starts looking for Job, they belive in security and they think a well position at Job will provide it. The S in the other hand will do something to earn money on their own. The person B starts buying things or system which will make more money and I is the person who invest in system to make more money.
Here you can see the huge knowledge of Robert Kiyosaki about thought processes of different peoples. This is the best thing I like about Robert Kiyosaki.
Now in the second part Robert Kiyosaki has explained how to become real you. Yeah sounds like something different but he mean to say understand yourself. 
He wrote on the thought process of a individual. Robert has also tried to motivate their readers by telling the beginning of their journey, like they had nothing when they started. 
Robert stated money as a drug. He further adviced that, if you become addicted to it, its very hard to break that addiction then. Further he also asked readers to learn to find patterns.
And at the last he asked to be the bank and not the banker. What Robert Kiyosaki exactly wants to suggest here is that, you should have your own assets. He also said that your Liabilities should paid by others. This is the point at the book which is my most favourite part from Cashflow Quadrant.
At the end Robert Kiyosaki has beautifully given steps to be financially stable. He has given proper steps in simple language. You don't need to be a financial expert to understand these steps. This is the beauty of Robert Kiyosaki's book.

Strengths

  • Cashflow Quadrant will definitely help you to be financially independent and stable.
  • Anyone can read this book, you don't need to be financial expert to read and understand this book.
  • Cashflow Quadrant is suitable for everyone regardless of what field they are in currently.

Quotes by Robert Kiyosaki

  • Success is a poor teacher
  • What do you think about me is not my business the important thing is what I think about myself
  • You will never know true freedom until you achieve financial freedom
  • Thinking is the hardest work there is. That is why so few people engage in it.
  • Remember that anything important can't really be learned in the classroom. It must be learned by taking action, making mistakes, and then correcting them. That's when wisdom sets in.

Final Verdict

Cashflow Quadrant is one of the best book by Robert Kiyosaki. The was published 1998 but this doesn't matters, this book is and will be helpful in any year and time.
Robert Kiyosaki has explained how cash flow works in three chapters. Each chapter explains the concepts of cash flow in details.
At the last he has given seven steps to find financial fast track they are:
Step 1: Its time for minding your own business.
Step 2: You have to take control of your cash flow.
Step 3: Understand the difference between Risk and Risky
Step 4: Decide What Kind of Investor you want to be
Step 5: Look for Mentors
Step 6: Make disappointment as your strength
Step 7: The Power of Faith

So this is all about Cash flow by Robert Kiyosaki. Let me know your thoughts about this book in comments. You can also read about other bestseller books by Robert Kiyosaki here.
Thank You 😊









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