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How Minnesota Real Estate Investors Use Rich Dad Poor Dad Cashflow Quadrant ESBI by Robert Kiyosaki

How Minnesota Real Estate Investors Use Rich Dad Poor Dad Cashflow Quadrant ESBI by Robert Kiyosaki

Minnesota Real Estate Investors

Rich Dad Cashflow Quadrant

The rich dad poor dad summary

Robert had a poor dad and a friend who had a rich dad and they thought differently about money and Robert spends the whole book teaching lessons with examples of that.

Rich Dad Poor Dad audio review

by myself is that I love the books. I started reading them in about 2004 and read about 20 and started listening to the audio version. There is NO criticism from me and he’s got a new book on fake money.

Check out his website, or amazon for other books like guide to investing.

I was kind of at a Rich Dad seminar once. It wasn’t a workshop. I saw him in Chicago in about 2005 and it was at the learning annex. His advisors were there and 20 other big names including Tony Robbins. I also was at a beginner Rich Dad one a couple years later.

These days you can listen on audible of course. Highly recommend you listen to rich dad poor dad and cash flow quadrant first.

I’ve played Rich Dad Poor Dad cash flow 101 board game with real estate investor friends locally in Minnesota and it’s lots of fun.

Back nearly a decade ago I read about all 20 of Robrt Kiyosaki books at the time, and one of the most important concepts and frameworks that Robert taught was the idea of the cashflow quadrant

He uses the 4 letters ESBI which stands for Employee, Self-Employed, Business, and Investors.  The idea is that an employee works for someone else, doesn’t have freedom, and often doesn’t have the entrepreneur mindset.

The Self-Employed person wants to be an entrepreneur many times, but they don’t yet have the full knowledge, so often they still work 50 plus hours per week.

The goal is to be a business owner who makes more passive income and builds systems.  With enough cashflow and income one can take that money and invest it, and become an investor where their money works for them.

I’ve provided a video so that you can understand how this cashflow quadrant works.  This is why I work with businesses with systems consulting, so that they can also scale a business.

Minnesota Real Estate Investors

Rich Dad Poor Dad: Employee Self-Employed

The left side of the quadrant is the employee and Self-Employed type of income and that gets taxed the most and is the hardest with often the most hours and lowest pay.

Often people work too hard in these categories, and don’t yet run a business like they want.

Most people fit into these categories, and it can take years or maybe never until people learn the mindset of business or investor, a more passive and scaleable mindset.

I’ve spent time in all of those quadrants and anything more passive or where your money makes money for you is the goal.

Let’s go over a few popular Rich Dad Poor Dad quotes by Robert Kiyosaki

Of course these rich dad quotations are about service. Cash flow and money

You want to follow Robert Kiyosaki on twitter with more training and quotes click here

To listen to Rich Dad Poor Dad radio show on YouTube you’ll want to listen to it click here

I’ve listened to and watch the video of a couple of the Rich Dad radio shows with Kim Kiyosaki and they really do a great job

Welcome to the Rich Dad Poor Dad edu world and if you need any additional help feel free to read my other posts.

I couldn’t find Rich Dad Poor Dad on spark notes

You can buy rich dad books on Amazon and have his lessons coach you in real estate.

Minnesota Real Estate Investors

Rich Dad Business and Systems with Robert Kiyosaki

I invest my time running my business like a system and consulting for others as I believe so much in systems for great habits, predictive analytics, peace of mind, less stress, and being able to not only stay in business, but scale a business.

With the right team, using the right habits and systems you can survive even if a key person were to leave.

I believe most marketing and most businesses work based on great systems. Like the emyth talks about I decide to work on the business vs. in it.

This helps me to see my hours worth more, and makes me observe my business from a broader point of view.

If you are going to start reading Rich Dad Poor Dad and much of the series I recommend understanding the cashflow quadrant and how each component is much different than the others and how much the mindset is different.

Don’t just be busy being busy, learn to outsource, and learn to systematize your business.  I often work with Minnesota businesses for now, but am open to working by phone consulting for others who want to scale with systems.

Learn about some of my life philosophies on the thinking of how to sell your Minnesota home and get your money and assets to work for you.

To get started looking at properties online search Minnesota Zillow on their website Zillow has MN listings for cash flow investment properties

Rich Dad Poor Dad author with advisors free download PDF book is here

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