Richdads-CASHFLOW-Quadrant-

CASHFLOW Quadrant
I know it’s unfair, and I understand both sides of the story. I
have met people who protest and write letters to the editor of their
newspapers or try to change the system by running for political office.
I say it is much easier to simply mind your own business, take control
of your cash flow, find your own financial Fast Track, and get rich. It is
easier to change yourself than to change the political system.
Problems Lead to Opportunities
Years ago, rich dad encouraged me to develop my skills as a business
owner and investor and then practice solving problems.
For years, that is all I have done. I solve business and investment
problems. Some people prefer to call them challenges, but I like to call
them problems because that is what they are, for the most part.
I think people like the word “challenges” more than “problems”
because they think one word sounds more positive than the other. But
I think that the word “problem” has a positive meaning. I know that
inside every problem lies an opportunity, and opportunities are what
real investors are after. And with every financial or business problem
I address, regardless of whether I solve the problem or not, I wind up
learning something new about finance, marketing, people, or legal
affairs. I often meet new people who become invaluable assets on other
projects. Many have become lifelong friends, which is a priceless bonus.
Find Your Fast Track
So for those of you who want to find your financial Fast Track, start by:
1. Minding your own business
2. Taking control of your cash flow
3. Knowing the difference between risk and risky
4. Knowing the difference between a Type A, B, and C investor
To get on the financial Fast Track, become an expert at solving
a certain type of problem. Do not diversify like Type-B investors are
advised to do. Become an expert at solving one type of problem, and
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