This is the second book in the Rich Dad series after Rich Dad Poor Dad written by Robert Kiyosaki. Before you read any other book in the Rich Dad series, it is recommended that you read Rich Dad Poor Dad first, and you read Cashflow Quadrant second.
The author recommends this, and I not only recommend this, I recommend you read these two books first before any success book out there by any author.
It’s all about changing your mindset and in my not-so-humble opinion, there is not a better author out there than Robert Kiyosaki that can help you permanently change your mindset about money.
The book Cashflow Quadrant helps you visualize the 4 different ways you can earn money. On the left side of the Quadrant, you have two ways of earning money, one as an employee and the other as a self-employed individual. On the right side of the Quadrant you have business owner and investor.
Your goal to is to move from the left side of the quadrant to the right side of the quadrant, because being a business owner and/or investor is the life of the financially free. There are several ways to do this, and I would love to list all the ways you can do it here, but I will let Robert Kiyosaki tell you. You will need to pick up his book here:
Simple, Easy to Follow, yet Exciting to Read
As with all Robert Kiyosaki’s books, Cashflow Quadrant simplifies what seems to be such a complicated topic for many; making money and having more free time is broken down into very basic concepts that a third grader can understand. Although this may be in part due to the fact that Kiyosaki didn’t do too great in school, but this works to his advantage as an author.
He also uses stories in Cashflow Quadrant, which help to make his books interesting, entertaining, and informative all in one. This book is many things, but one thing that it’s not is boring. This book as well as the rest of his books are fun and exciting to read and you may have a hard time putting the book down to get necessary things done.
Not a book of step by step instructions
As mentioned on my review of Rich Dad Poor Dad, Cashflow Quadrant is not a book of step by step instructions. Robert’s goal is to change the way you think about money, because if you think about money the right way, you will attract more and more of it, and after you’ve read a few of his books, you will see that he is a strong believer in this.
Although many people dislike non-instructional books and think of them as a waste of time, I find this a plus, not a minus. Here’s why:
You can give anybody a book of step-by-step instructions on how to get rich or how to become financially free, but if their mindset about money and finances are not in the right place, the instructions won’t work, and even if they do, it won’t last. Why do you think lottery winners go broke most of the time?
I am pretty sure the verdict is already given above and yes, this book is worth the read, but only if you read the prerequisite first, that being Rich Dad Poor Dad. Then immediately follow that book with Cashflow Quadrant. Once you have read those two books, I would even go further and read a third book by Robert Kiyosaki. He and his advisers known as Rich Dad Advisers right about every subject under the sun.
- If you are interested in Network Marketing or MLM, there’s a book for that titled The Business School for People who Like Helping People or The Business of the 21st Century, both written by Robert Kiyosaki.
- If you are interested in Real Estate Investing, there’s The ABC’s of Real Estate Investing by Ken McElroy, a Rich Dad Adviser.
- If you want to teach your kids about the real world of wealth and money versus what they are learning in school, you can read Why ‘A’ Students work for ‘C’ Students, which is a more modern version of Rich Kid Smart Kid, both by Robert Kiyosaki.
- If you are interested in investing in anything, be it the stock market, bonds, real estate, you need to read Guide to Investing.
There are a long list of books Robert Kiyosaki has written, they are all good books, but you will get so much more out of them if you read the first two books first.
As with any book, you when you read this book or any other success book, you must apply the things you learn and put the exercises into action. If you do not, then you are only reading for entertainment. Read to learn and apply what you learn every single time.