When you play Cashflow 101, your life will change.
If you have yet to play Cashflow 101, you are missing out on 23 valuable lessons that no single book can show you. These lessons are profound and can literally change the direction of your life.
I was a technical consultant for the largest enterprise software company in the world but I quit my job to go full blast as a real estate investor.
Jay Castillo of Foreclosure Investing Philippines calls this game life-changing. He quit his job as information security manager, IT manager, systems administrator, Oracle DBA and programmer (whew!) last year to become a full-time real estate investor and internet marketer.
Eden April Alemania-Dayrit, another real estate investor, quit her job as a process engineer for a semi-conductor company soon after she got to play Cashflow 101. She has never regretted it since.
Can you sense a pattern here?
If you’ve been wanting to quit your job, play Cashflow 101 and see what you need to do to realize that dream.
If you love your job, no problem. You don’t have to quit your job but as you play Cashflow 101 you will learn how to create multiple streams of income while you keep your job. This is the best way to secure your financial future.
Quitting jobs, securing financial futures and changing lives are pretty big claims for one game to make. How can this game deliver that?
The Game is A Mirror
The game is a reflection of real life.
It can be scary but it’s also the best thing that can happen to you because it will show you what you need to know and how you can act on it if needed.
Here are some of the things you will learn while you look at your life as you play Cashflow 101.
Sharing Our Journey
1. The game reflects your appetite for risk and how it affects your investing decisions. You’ll see how your appetite for risk is helping or hindering your financial journey. Do you hate risk, recklessly ignore risk or take calculated risks? When you take calculate risks, do you actually calculate the risk or are you just guessing?
2. It reflects your fears in investing. Are you afraid to lose money? Are you afraid of making mistakes? Are you afraid to try out things that you know nothing about?
3. It reflects your attitude towards money and wealth. Are you totally committed to the game of accumulating wealth? Or are you nonchalant and disinterested? Do you pay attention to what happens in the game or does your mind wander to other things? Are you really serious with learning how to accumulate wealth?
4. It reflects your mindset about opportunities. Do you believe that wealth is swerte-swerte lang (just luck)? If you don’t land on an opportunity, does that mean there are no opportunities coming your way? Do you make the most of the opportunities thrown your way?
5. Reflects your bias or prejudices about jobs. Initially, people who don’t know the game get disappointed when they get the Janitor or Truck Driver or some other low-income profession. They are envious of people who are Lawyers, Pilots or Doctors in the game. Is this the same in real life? Do you ever wish you had a high-paying job? As you play Cashflow 101, you’ll realize that a high salary does not necessarily help. Actually, it doesn’t matter. Whatever your job is, you can get out of the rat race. That’s good news for anyone.
6. Reflects how you work with other people. Do you try to take advantage of other people? Do you try to teach? Do you try to engage others and work out win-win deals? Do you let them do their own thing even if you know its wrong?
7. Reflects how you approach investing. Do you approach it with a clear plan and strategy? Do you do your due diligence before you decide or do you rely on your instincts?
Cashflow at Max’s Megamall. Forgot to take pictures “during” the Game.
The Cashflow 101 game that Robert Kiyosaki, the best selling author of Rich Dad, Poor Dad, created is not just a mirror but it’s also an MBA course. MBA stands for Money, Business and Accounting.
The Game is an MBA Course
8. It teaches how to maintain a basic Income-Expense Statement. By maintaining an Income Statement, you get a clear picture of your Cashflow situation. Most people are blind when it comes to their income and spending. They get their paychecks and later wonder where it all went.
9. It teaches how to maintain a basic Net Worth Statement. In the game, it’s called a Balance sheet but in reality, it really is a Net Worth statement. The statement shows if you have positive net worth or if you are “worth less.”
10. It teaches fundamental Financial Analysis. How do you analyze an opportunity if its a good deal? What numbers or ratios do you look at to guide you? Eliminate the guesswork and do the analysis.
11. It teaches basic cash management. You learn how to budget and allocate your cash.
12. It teaches the importance of an emergency fund. You get to experience first-hand how to lose your job and be prepared for it. You don’t have to lose your job in real life to experience it’s impact.
13. It shows how to make money in stocks. This knowledge alone will set you above most of the investors who “play” the stock market. The stock market is not a lottery or a casino. It has clear rules and strategies for success. Do you know them already?
14. It shows how to make money in residential real estate. Learn how to buy and sell houses, duplexes and apartments in a safe way. Don’t risk your own money just yet.
15. It also shows how to make money in commercial real estate like car washes, bed & breakfast & shopping malls as you move up in skill and capital.
Learn more by playing with investors
16. It shows how to make money in small business. Can you make money starting a small business like a startup software company?
17. It shows that not all opportunities are good deals. Save yourself the heartache of losing money. Learn how to analyze an opportunity properly.
18. It shows how to use leverage to acquire property. What’s leverage? If you need to ask, you need to play Cashflow 101.
You also learn how to put it all together in a sensible strategy because the game provides a blueprint for accumulating wealth.
The Game is a Blueprint
19. Learn how to put it all together in a simple two-step strategy.
20. Learn how to always be positive. Not only positive thinking but Positive Cashflow!
21. When deciding on opportunities, learn how to be clear. Do you need Cash or Cashflow? Learn when to get each one at the appropriate time.
22. You’ll love getting the paycheck in the beginning but if you play the game right you’ll end up forgetting it later. When you start tasting the blood of investing, you get hungry and forget about your paycheck. Warning, people who play Cashflow 101 want to quit their day jobs right after playing!
23. You’ll get a blueprint for accumulating passive income and put it all together in real life. The game is nice but unless you apply it in real life, it’s meaningless. Learn it then apply it.