The teachings of Robert Kiyosaki focus largely on generating passive income by means of investment opportunities from real estate and small businesses. The ultimate goal generating passive income is being able to support oneself by such investments alone. In tandem with this, things that generate money, Kiyosaki defines as "assets” and things that cost money as "liabilities” and so on. He also proclaims financial leverage to be critically important in becoming rich.Kiyosaki stresses "financial education" as a means to obtaining wealth. Those According to him, in order to obtain financial freedom, either one must be a business owner or an investor, generating passive income.
"The Cashflow Quadrant" is a conceptual tool that aims to describe how all the money in the world is earned.
The real entrepreneur doesn’t work hard, the real entrepreneur knows how to leverage, either through people, through other people’s capital, or through different business associations.
For Financial Freedom
Lay Peng
http://www.videoonlineseminar.com/
http://www.topspeakeronline.com/blog
P.S: Mr. Robert Kiyosaki has his Rich Dad as his mentor while I have him and other Top Speakers and World Class Gurus as mine.
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Friday, February 02, 2007
Teachings Of Robert Kiyosaki
Posted by Top Speakers Online at 01:38
Labels: assets, Financial freedom, Kiyosaki, liabilities, passive income, wealth
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