Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,198,822 members, 7,969,465 topics. Date: Tuesday, 08 October 2024 at 08:22 AM |
Nairaland Forum / Nairaland / General / Business / 7 Reasons Why Robert Kiyosaki Cashflow Quadrant Is Wrong (1124 Views)
1st Ibadan Cashflow Summit / Business Quadrant Wealthflow Theory Book Soon To Be Published On Amazon! / Coming Soon - The Business Quadrant Wealthflow Theory (2) (3) (4)
(1) (Reply)
7 Reasons Why Robert Kiyosaki Cashflow Quadrant Is Wrong by jetroolowole(m): 8:26am On Jun 11, 2017 |
Robert Kiyosaki’s book, Cashflow Quadrant : Rich Dad’s Guide to Financial Freedom, is an inspirational and compelling guide to breaking free from the earnings “rat race”, by moving from the “left side of the quadrant” where most people work to the “right side” and ultimately financial freedom. Published in 2000, the book is the sequel to Rich Dad Poor Dad. For over a decade, Robert change the way millions of people around the world think about wealth creation and financial freedom. Besides, I think the network marketing industry should be thankful to him. I must admit that Robert's perspective in the Cashflow Quadrant book especially on passive income is noteworthy. However, there are several concept of the book I simply do not agree with. I have narrow it down to the seven most important. The Business Quadrants Wealthflow Theory I discover open my eye to the flaw in some of these thinking and concept. Here I present to you seven reasons why Robert Kiyosaki Cashflow Quadrant is wrong. #1 Denigration of Employee. #2 Self-Employed Can't Achieve Financial Freedom. #3 Denigration of Education. #4 Attributing Traits of Fear and Perfectionism to Employees and Self-employed. #5 Concept of Network Marketing As Passive Income Only. #6 Investment as Passive Income. #7 His Concept that Financial Freedom only come through investment. I tried to follow his ideas but never had the chance to move to the big business or investment quadrant. It was the frustration that led me to search for my own path. I realized that since Robert shared his ideas, a lot have changed. My quest for the right path led me to study closely over 1000 successful business people. It was in the course of this study I discover what I called the Business Quadrants Wealthflow Theory. You can read more about the theory by visiting http://jetroolowole.com/introduction-business-quadrants-combination-rules-multiple-streams-income/ Do you have any questions or feedback you would like to discuss on the Cashflow Quadrant or the Business Quadrants Wealthflow Theory? Please leave me your comments below as I would love to read and reply to your thoughts. Detail discussion: http://jetroolowole.com/7-reasons-robert-kiyosaki-cashflow-quadrant-wrong/ 1 Like |
Re: 7 Reasons Why Robert Kiyosaki Cashflow Quadrant Is Wrong by Konquest: 8:55am On Oct 11, 2021 |
jetroolowole:Deep contrarian insights from your post. I first read a Robert Kiyosaki book in 2001 and understood the thrust of his line of thinking though. Being an employee or the self-employed space are noble things to do, but developing a strategy for creating multiple streams of income is the way to go. Most millionaires and billionaires have a minimum of 7 streams of income from online and offline sources while providing value, and solutions to existing challenges. |
(1) (Reply)
In Need Addresses Of Reliable Recharge Card Dealers In Lagos State / Datalife Press Release On New Roadmap / Difference Between Debit And Credit Card
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 17 |