This book explains how you can get rich by working smarter, not harder. The book explains that there are four different types of people:

employee (E)
self-employed (C)
business owner (B)
investor(s)
The E quadrant represents employees who work for others and provide labor in exchange for wages. The S quadrant represents self-employed people who sell their services to others and make a profit.

The B quadrant represents business owners who own assets or businesses that generate income for them. Finally, the I quadrant depicts investors who invest for profit on a regular basis without much effort on their part.

Here are three of my favorite lessons from the book:

People who live only off their hourly labor are very different from those who invest or own their own business.
Truly rich people know they need to start moving in the B and I quadrants as soon as possible.
Investing is difficult at first, but after analyzing the five types of investors, you will understand where you are.
If you liked Kiyosaki's first book or want to learn more about achieving financial independence, you'll love what comes next. We break down each lesson in detail below, so let's get started!