There are so many great books out there to get into, study, and explore to enrich your knowledge and craft as a real estate agent and as a business professional in general, but Robert Kiyosaki’s Cashflow Quadrant is definitely one of the best! That said, not everybody has the time, energy, or, frankly the interest to be able to go cover-to-cover on books like this, and that’s understandable. That doesn’t mean you should be barred from gaining and applying this knowledge, however. Here’s a quick, no-nonsense overview of what you need to know from one of Kiyosaki’s best.

The cashflow quadrant refers to a four-way division of what income streams look like. Picture a big plus sign with an E in the top left corner, a B in the top right, an S in the bottom left, and an I in the bottom right. Here, E stands for employee, S stands for self-employed, B stands for business owner, and I stands for investor.

The left side

The difference between employee and...