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    Rich Dad Poor Dad

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    vinoratheesh
    Paul Zane discusses how business is no longer seen as crazy and more people prefer it over traditional employment. The education system focuses on producing employees for the industrial age rather than entrepreneurs. When the economy slows, entrepreneurial activity increases as tough and open-minded individuals get started. It questions where one's ladder is planted and if it's leaning against the wrong wall rather than just focusing on climbing higher. Finally, it introduces the cashflow quadrant that defines four sources of cashflow - employee, self-employed, business owner, and investor - that determine one's lifestyle and quality of income.

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    Rich Dad Poor Dad

    Uploaded by

    vinoratheesh
    15 views1 page
    Paul Zane discusses how business is no longer seen as crazy and more people prefer it over traditional employment. The education system focuses on producing employees for the industrial age rather than entrepreneurs. When the economy slows, entrepreneurial activity increases as tough and open-minded individuals get started. It questions where one's ladder is planted and if it's leaning against the wrong wall rather than just focusing on climbing higher. Finally, it introduces the cashflow quadrant that defines four sources of cashflow - employee, self-employed, business owner, and investor - that determine one's lifestyle and quality of income.

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    notes from Rich Dad Poor Dad

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    Paul Zane discusses how business is no longer seen as crazy and more people prefer it over traditional employment. The education system focuses on producing employees for the industrial age rather than entrepreneurs. When the economy slows, entrepreneurial activity increases as tough and open-minded individuals get started. It questions where one's ladder is planted and if it's leaning against the wrong wall rather than just focusing on climbing higher. Finally, it introduces the cashflow quadrant that defines four sources of cashflow - employee, self-employed, business owner, and investor - that determine one's lifestyle and quality of income.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    15 views1 page

    Rich Dad Poor Dad

    Uploaded by

    vinoratheesh
    Paul Zane discusses how business is no longer seen as crazy and more people prefer it over traditional employment. The education system focuses on producing employees for the industrial age rather than entrepreneurs. When the economy slows, entrepreneurial activity increases as tough and open-minded individuals get started. It questions where one's ladder is planted and if it's leaning against the wrong wall rather than just focusing on climbing higher. Finally, it introduces the cashflow quadrant that defines four sources of cashflow - employee, self-employed, business owner, and investor - that determine one's lifestyle and quality of income.

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    of 1

    Chapter 2

    Paul Zane

    Business is no longer considered crazy


    More Prefer Business

    The Employment Mythology


    Industrial Age
    Education system to produce what they want
    extremely limited

    economy slows down, entrepreneurial activity heats


    up
    entrepreneurs—
    the ones who are open-minded enough
    when the going gets tough, the tough get going

    Are you willing to be tough?


    Get going doing what?

    Chapter 3

    climbing the ladder.

    Where you are


    What matters is the question that you may have
    stopped asking before putting in all that time and effort

    Where is this ladder planted?


    As Stephen R. Covey
    Doesn’t matter how fast or high you climb
    on the ladder if it’s leaning against the wrong wall.

    how much they earn,


    how much they’re worth,
    or some combination of both

    80 Lac

    quantity of money you make is the quality of


    money you make

    four distinct sources of cashflow


    defines lifestyle,

    E = Employee
    S = Self-employed or Small-business owner
    B = Business owner
    I = Investor

    Cashflow Quadr

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