Slow to get in the groove, but eventually gives you the seeds and mindset you need for future financial growth. There is a lot here to process

A bit less esoteric than Rich Dad Poor dad, but still a very fucked up book. I read it because of a friend who owns a bit of property (Lucas Gonthier) and I trusted his judgment when he told me that those books were kinda good. I guess I won't ever take another cultural advice from this guy.

Понякога в най-неочакваните книги намираме парченце от истината за самите себе си.
Заглавието на книгата послъгва. Това не е просто книга, която те запознава с някои основни моменти за парите, това е книга за финансово и личностно самопознание.
Въодушевих и се съкруших едновременно. Написаното вътре датира от преди 10 години, но много от нещата са си валидни и днес.
Едно дяволче в мен от известно време постоянно нашепваше, че няма да го бъде това с пенсионирането, че това, на което са ме "учили" в училище е било пълна загуба на време в по-голямата си същност и че ще трябва да се спасявам сама. Тази книга потвърди моите опасения без много заобиколки. Истината, че никой от освен нас самите не може да се погрижи за нашето финансово бъдеще и никой не може да ни гарантира какви ще са ни старините, ако ние не се погрижим за тях, ако въобще доживеем до тях.
Страхотна книга за всеки, осъзнал важността на това да е финансово грамотен и че без такива знания, е като да си слепец, който води друг слепец. Нямаш си никакво понятие какво и защо го вършиш, но вярваш че правиш нещо.
Кийосаки пише много леко и разбираемо. Книгите му са лесно "смилаеми" с прости изречения, които се повтарят. Това донякъде ме напряга, но повторението е хубаво нещо, особено когато накрая незададените въпроси вътре в теб получат своите отговори.

کسب ثروت به روش پدر پولدار 2

As expected, another phenomenal classic by one of my favourite authors. His first book, just completely changed the tangent of my life. Probably the most important book I ever read so far.

This one, is more concrete. Although Robert does delve into some abstractions, but under the hood, he really wants to hammer hard some really fundamental concepts that often seem to go against conventional wisdom.

This book did a great job at stripping down the four quadrants down to their bones and revealing what the person operating each one thought and felt. A lot of words really hit me hard, right in the gut. Almost shocking how accurate they were, yet I was blinded by society to believe otherwise without me knowing about it.

The Left:
An E (Employee) is a part of a system. He/she works for money.
An S (Specialist) is the person who wants to do his/her own thing. A lawyer, a heart surgeon, a web developer working as a freelancer fall under this category. These are the people who want to “do their own thing”. They happen to BE the system. They aim for perfection and because of which, they can’t work with a lot of people since they tend to think highly of themselves and cannot tolerate the mistakes anyone under them makes.

- The people on the Left pay the highest taxes. Make very low incomes (when compared to the right), and are enslaved to money.

The Right:
The B (Businesspersons), happen to own a system. This system and people of his system work hard for them regardless of their physical presence. A business is something that doesn’t require your physical presence in order to generate cashflow. A business owner pays the least amount of taxes. He pays himself first and then pays everyone second. Contrary to the left quadrants.

The I (investors) invest in successful systems. Their money works hard for them day and night to multiply itself.

- To people on the Right, it’s not about the money that they make, but about the money they get to keep. True definition of wealth is the number of days/years you can go on without working at all.

- The people on the left, pay to take risks, while the ones on the right are paid to take risks.

- One can and should operate in multiple ones. No quadrant is bad per se. They are all important. It’s just that one side clings to financial security, thereby making life miserable and difficult in the long run, while the other thrives to gain the freedom and comfort in the long run.

After laying down the plain and harsh reality of these quadrants, Robert goes into explaining why one should opt to shift to the right side of the diagram. Why it is only logical to. Why everyone must let go of their financial “securities” in pursuit of financial “freedom”. Why it’s actually riskier to stay on the left side for the rest of you life.

We have been conditioned to not make mistakes. We have been called a good boy or girl for getting good marks and not failing the exams. All of that is nonsense. I liked his analogy. Learning to shift to the right side is like learning to ride a bicycle. You fall a lot in the beginning, but then it becomes second nature sooner than you realise.

The book later explains different types of investors. Why some people who think they are businessmen on the right side, are actually Self employed individuals struggling and continually hustling on the left side.

He finally closes off with the steps he took to achieve financial freedom.

Robert has an amazing and lucid writing style. He can break down complex financial jargon into easy to understand concepts that would make sense to any reader.

Pick up this book, and I’d also suggest the one prior: Rich Dad Poor Dad, if you wanna lead a path to financial freedom. These books will completely shift your perspective of wealth and money.

Interesting/made me do some thinking but I’m not convinced that we should get rid of our 401k just yet. Also the section on MLMs was a big nope.

Brilliant. Now is the time to get focused on how to acquire financial intelligence.

This book will help you understand how money works.
Basically we all generate income from one of four quadrants.
“E” employee
“S” self-employed
“B” business owner
“I” investor
Traditional school drives most people to trade time for money on the “E” and “S” quadrants, when in reality true prosperity comes from producing value in the “B” and “I” quadrants.
This is a must read! It contains invaluable information. True principles of prosperity we're talking here. READ IT!

It's a masterpiece of saying nothing but sounding very knowledgeable while you do so. From what I can garner (and it's hard because there are few if any facts to go off in the book) he made his money n the real estate boom in the US. But that seems to have convinced him that he had some magic formula to success no one else had thought of. He has done a really good job at selling snake oil through his books though, so I suppose you have to hand him that. Read this if you believe that all it takes to make money is some magic beans and a map to the giants house.

Easy read and a great introduction to building wealth from a birds eye view. Not a step by step book. Very fluffy and focused more on general principles. Be in control of your emotions, make decisions based on numbers not how you are feeling. Seek advice from those that have experience in the arena you want to be in. Live within your means before you expand your means.

It is a complicated task to review a non-fiction. So here are the parameters upon which I see the book.

Avoiding Redundancy: 1/5 (It keeps on rambling about the same idea on every page)
Case Studies: 2/5 (There's only what action was taken and what happened, no middle input is given)
Authenticity: 2/5
Readability: 3/5


Overall: The book deals with the idea of moving from "Employee" to "Entrepreneur". It is fine for the first few pages but then the ideas start to get redundant. A sane person can deduce the ideas that the author wants to deliver. rather than being a 300-page novel it can be shortened to 100 pages.

Sounds the same like 2 books i already read from the same author. He always writes the same and sells it under the different name.

E-employee
S-small business or self employed
B-big business
I-Investor