
Loading…

Book summary
Premium summary · Opens in the app · 5 min read
Why “A” Students Work For “C” Students contains Robert Kiyosaki’s lessons on how the global financial crisis is the result of a lack of education and shows parents how to become truly money literate so they can teach their kids to do the same and attain financial freedom.
Why “A” Students Work For “C” Students contains Robert Kiyosaki’s lessons on how the global financial crisis is the result of a lack of education and shows parents how to become truly money literate so they can teach their kids to do the same and attain financial freedom.
You just can’t summarize a Kiyosaki book without reviewing the Cashflow Quadrant. But why is it so powerful? Because it provides a simple explanation of the difference between poor and rich mentalities.
There are four quadrants:
E is for Employee S is for Small-business B is for Big Business I is for Investor
In school, you only learn skills that help you become successful in the “E” and “S” quadrants. These include your everyday jobs as well as commission-based workers, like lawyers or doctors.
But staying here is why you stay poor and can’t get ahead. There’s a ceiling on how much you can make, which limits your thinking, for one. It’s also in these positions that you pay the most taxes.
The reason for this is because the education system encourages you to specialize. Most “A” students are people who excelled at specific subjects.
“C” students on the other hand became generalists who can see the big picture. They are more likely to end up on the path to financial freedom in the “B” and “I” quadrants. That’s why “A” students work for “C” students.
It’s also why your grade point average doesn’t really matter much. If you stop worrying so much about your career field and look to become an investor, you’ll be set up for lifelong success.
And if you’ve already been in your career for a while, you can still change into other quadrants!
Does it ever seem unfair that the rich kids always get everything they want? Whether it’s a new car, a nice phone, or any other fancy toy, their parents always seem to be willing to fulfill their desires. But what if I asked you what you’d do if you suddenly had $1,000,000? Would you say that you’d give most of it away, and to your family? You might feel benevolent by saying this, but you’re actually setting your loved ones up for failure. The hard thing about being rich is that you think that you can show people how much you love them with money. Those rich parents believe they’re showering their kids with affection with all the gifts. But what they’re really doing is teaching them that they deserve to get something for nothing. This attitude of entitlement is rampant in our world today. And it’s not a habit that you want to see your kids developing. It’s annoying and also sets them…
Continue reading in the MinuteRead app
Get the complete 5-minute summary of Why "A" Students Work For "C" Students
Get the complete summary in the appGetting into the right Cashflow Quadrant will make you far more money than any career goal ever will.
If you want to financially cripple your children, give them money.
Poor people look for financial advice, while the rich focus on getting a financial education and teach their kids to do the same.
"Why "A" Students Work For "C" Students" is a strong fit if you want practical ideas around career, culture, education, especially themes like getting into the right cashflow quadrant will make you far more money than any career goal ever will; if you want to financially cripple your children, give them money. The MinuteRead summary distills these concepts into a focused read, whether you're deciding whether to buy the book or applying its lessons at work.
Robert Kiyosaki, author of Rich Dad Poor Dad - the international runaway bestseller that has held a top spot on the New York Times bestsellers list for over six years - is an investor, entrepreneur and educator whose perspectives on money and investing fly in the face of conventional wisdom. He has, virtually single-handedly, challenged and changed the way tens of millions, around the world, think about money.In communicating his point of view on why 'old' advice - get a good job, save money, ge…
View all summaries by Robert T. KiyosakiContinue Reading
Access the complete 5-minute summary and thousands more nonfiction books in the MinuteRead app.
Continue reading the complete summary in the MinuteRead app.