Tech Books: Unfair Advantage, The Power of Financial Education

"The main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people look for money...but never learn to have money work for them." - Robert Kiyosaki

Reading, learning, and advancing my knowledge in entrepreneurship, business, investing, and start-ups is something that I do continually while I am not studying for my school work, simply because my goal is to be an entrepreneur and capitalist in society today. One author who has been exceptional in terms of helping me learn this type of education is Robert Kiyosaki. The controversial, yet profound author of Rich Dad, Poor Dad, the number on personal finance book of all time, has been instrumental in developing my entrepreneurial mindset. Here are some quick takeaways that I have learned from this book, and what I hope to gain from his wisdom.

(Unfair Advantage: Robert Kiyosaki)

Unfair Advantage speaks on the importance of being financially educated within society and how it's important to be more entrepreneurial minded in a society that has been created and ran by capitalists. Capitalists are mainly entrepreneurs who invest, trade, raise capital for ventures for profit and gain. Throughout the book he speaks on his infamous cashflow quadrant and how there are different core values and beliefs in each quadrant. The quadrants are broken up into four categories, such as E, B, S, and I. E stands for employee, B stands for business owner, S stands for self-employed, and I stands for Investor. As stated earlier, each one of these quadrants have a set of beliefs and values which make them have that quadrant. For instance, an employee has a core value of wanting to work harder and harder to get a good salary, while an Investor wants to raise capital other people's money to reap a reward for himself and the others who invested in his projects.

In the book, he really speaks on the importance of being an entrepreneur. The reason being is because entrepreneurs create jobs, create wealth, and keep the economy flowing. When you think of the Bill Gates founder of Microsoft, Warren Buffett, etc. all of these people who have an impact on society are all entrepreneurial and that's why they have generational wealth. These people are considered capitalists and their core beliefs, values, and attitudes are different then people who are in the other quadrants. Also, the qualities of what it takes to be an entrepreneur are impressive life skills that can help you throughout all facets of life, such as life-long learning. Entrepreneurs are always taking classes on finance, law, taxes, sales, marketing, advertising, etc. in order to grow their business. Your business grows as you grow, therefore it's important to seek more knowledge, wisdom, and skills to personally develop.

Being a future tech entrepreneur, you need to have a mindset of a capitalist and core values of business owner and investor. This is why I enjoy reading this book because it shows the basics of how to think, communicate, believe, and go about trying to make my dreams come to fruition. One thing he stated as well in terms of being an entrepreneur is too actually make more friends who are entrepreneurial and business minded as well, and are striving for the same goal that you are. This is why at Fanshawe, I have joined a club for ideation, innovation, and entrepreneurship. I feel like I have made the step in the right direction to get surrounded by more like-minded individuals and people who share the same drive, passion, and interests as me. With that being said, I hope you enjoy the blog, and stay tuned for more soon, peace!!