Robert Kiyosaki Explains the Secret of the Rich - The Cashflow Quadrant Explained
In this video, we are going to explain Robert Kiyosaki's Cashflow Quadrant.
(What the Rich know that you don't )
The Cashflow Quadrant is a tool that you can use to determine how you can make money, and it was first introduced by Robert Kiyosaki in his book Rich Dad Poor Dad.
If you're unfamiliar with Robert Kiyosaki, he is the author of many books on personal finance and entrepreneurship.
Rich dad, poor dad author Robert Kiyosaki explains the secret of the rich. In this video, he explains a simple model that illustrates how rich people think, and why their attitude towards money is so different from everyone else's.
The Cashflow Quadrant is a diagram that illustrates four different ways an individual or business can make money: working for someone else (E), starting a business (S), investing in assets (B), or selling information or services (I).
In summary, if your goal is to build wealth, you should focus on making money from assets and investments rather than your time.
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🕐 Time Stamp:
00:00 Introduction
00:55 What is the Cashflow Quadrant?
05:05 What is the right Path?
06:23 How to support the Channel? 🤑
06:53 High Earning Industrie
08:18 Mid-Term incom Industrie.
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