What Schools Will Never Teach You About Money By Robert T. Kiyosaki

part of their life.”
Once I learned to raise money from bankers for real estate investments,
I began raising funds for oil and gas limited partnerships via PPM, 
private placement memorandums. I did this in the 1970s and 1980s.
In 2004, I sold my first business via an IPO, an initial public offering. 
I went from bankers’ money, to private offerings to public offerings.
It was all part of my financial education in the I quadrant.
Anything is difficult if you do not know how to do it. Take walking for 
example. A baby struggles to learn to stand, falling down many times. 
Yet once they learn to stand, they want to walk, then run. Once a baby 
knows how to run, he or she can take on the world.
Explanation
I recommend starting in the S quadrant, then moving to the B, and 
then the I quadrant. It is the same process as a baby learning to stand, 
then walk, then run.
FAQ
Why don’t most entrepreneurs make it to the B and I quadrants?
Short Answer 
Lack of discipline.
Explanation
Success requires discipline. More success requires more discipline. 
Most entrepreneurs want to do their own thing or do things their way, 
so they never make it out of the S quadrant.
The B quadrant requires more rules and more discipline. 
The most disciplined quadrant is the I quadrant. It has the most rules 
and the least freedom.
FAQ 
Why does the I quadrant have the least freedom?
Short Answer
Because you’re using OPM, other people’s money. 
Government regulations are extremely strict when you use OPM. In 
the United States, there are agencies like the SEC, the Securities and 
Exchange Commission, that regulate and monitor I-quadrant activity.

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Bonus FAQs
Unfair Advantage
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growing at 10 percent a year. Most people are hoping their political 
leaders, the government, our schools, and financial institutions will solve 
our problems. Millions of American seem to believe that throwing the 
bums out of Washington will solve their problems.
I am not as optimistic. It’s not that our leaders, new or old, are 
necessarily bad people. It’s just that the financial problem has grown 
too big, beyond the control of our government and our leaders. How 
much power does the President really have when we owe the world 
so much money? How does the United States tell China what to do 
when they have so much of our money? How does the United States 
influence the world when the world has lost faith in the dollar?
To make matters worse, this global loss of confidence in America 
comes at a time when our internal financial problems are about
to explode.
In 2010, baby boomers began collecting Social Security, and 
Social Security is broke. Medicare, an even bigger sinkhole in the U.S. 
budget, is expected to “go broke” by 2019. In spite of Social Security 
and Medicare insolvency, our President signed a healthcare reform bill 
into law, adding further stress to social and financial problems.
And the United States continues to fight two wars on two 
fronts, wars we cannot win. We cannot win because we do not fight 
industrialized nations as we did in World War II. All we have to do is 
replace the words “Iraq” and “Afghanistan” with “Vietnam,” a war in 
which I fought, and people would understand the insanity of these 
two wars.