Nationally, nine out of ten such businesses fail in the first five years, mostly due to a lack of experience and capital. Self-employed is the riskiest quadrant.They essentially own their job and is likely a hardcore perfectionist who values independence and expertise. The Self-employed person, or the S-quadrant, does not want their income to be dependent on other people.This person works within someone else's system to earn money. Employee, or the E-quadrant, values security above all else and seeks the safety of a long-term contractual agreement.Each of these four categories, or quadrants, has its strengths, weaknesses, and characteristics. Everyone can be categorized according to how they get their money: Employee, Self-employed, Business owner, or Investor.Read this book summary to discover a new approach to wealth and risk management and apply your learnings in real life so you can start with small steps that can eventually lead to substantial assets. Do you work increasingly long hours with nothing to show for it, or struggle to have enough left to save after all the bills? Robert Kiyosaki, author of the viral book Rich Dad's Cashflow Quadrant: Rich Dad's Guide to Financial Freedom, explains how anyone can move to the other side of the Cashflow Quadrant and flourish with financial independence as a business owner or investor.
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