Kevin J Timothy Posted August 1, 2018 Report Posted August 1, 2018 Is the Cash Flow Quadrant something you consider in your life? Is it something you apply to your business ventures? Share with us when you were first exposed to itand how the realization changed you forever. If you are not familiar with the concept, I broke itdown as simply as I possibly could in my post. Quote I get super high on this tree!
oldbuddy Posted August 2, 2018 Report Posted August 2, 2018 I read the book when it first was published and even though there was a lot of controversy over it, I thought it was very on target. I went through all four quadrants during my lifetime, starting as an employee in the aircraft factories of Los Angeles, then a self employed computer consultant in Oregon which led to running my own software business, with those three meeting with some success. It's the final quadrant of an investor where I bombed out. I was significantly invested in Intel when it went from the low $60's to half that overnight and I decided to pull the plug on that method of financial risk. Now I am retired and enjoying life, without worrying about getting rich anymore. Quote
Ray Posted August 20, 2018 Report Posted August 20, 2018 I read the book several years back when it came out . I found the book extremely helpful in allowing you to see where you were if working or building a business. Also the different distinctions between each quadrant, allowed you to see where your were as it related to trading time for money or utilizing a system as pointed out in the c quadrant or investing in the I quadrant. The key take away from the book was did one want to trade all of their time a way working or learn to change quadrants or be in several quadrants. or learn to invest and begin to mind only your business.. As a employee your first line item of expense isthe other guys business then the consumer debt, credit cards, mortgagees, car loans and the list continues. So in effect we areminding everyone else's business except our own. So the cash flow quadrant is critical to understanding where your are and deciding what is the best quadrant to be in Additionally the fundamentals should be applied using your financial statement and learning to focus only on your asset column and puttinginvestments there to begin generating cash flow which will go up to your income column and also incorporating your business so that you can cut expenses and increase your cash flow further. Quote
weblord Posted May 12, 2019 Report Posted May 12, 2019 like a successful business man, we all have to go through all 4 quadrants in life for an experience and enjoyment of it. now im doing the things i love and i have early retirement. getting paid to do the things i love the most. online businesses. Quote pls read my blog | Unlimited Domains with Unlimited WebHosting
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