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Cashflow is an alternative that enforces the same rules from reality. It gets you understanding what doo-dads really are, and how detrimental to long term plan

Cashflow is an alternative that enforces the same rules from reality. It gets you understanding what doo-dads really are, and how detrimental to long term plans they can be.

losvedir 15y ago
I've played Cashflow and I do really like it. It teaches some good lessons. That said, I once read a very interest article looking into Guy Kawasaki and I recall it was quite negative; he didn't have a "Rich Dad" or "Poor Dad" like in his books, and didn't have demonstrable real estate success. Unfortunately, I can't find the article right now, so I don't have any of the concrete criticisms it mentioned.
- travem 15y ago
  The author of rich dad poor dad is Robert Kiyosaki. Guy Kawasaki is the former chief evangelist at Apple as well as author of some other books.
  - losvedir 15y ago
    Egad! That would explain my difficulty finding that article then. Thanks so much.
- raintrees 15y ago
  I did just a quick search and found a number of sites, most referring back to John T. Reed's piece here: http://www.johntreed.com/Kiyosaki.html http://www.johntreed.com/Kiyosaki.html Although the content at the Reed link feels sensationalized to me (and sometimes very nit-picky) many of the points could be generalized as: - Don't blindly follow what you read, and - Kiyosaki is not consistent. I found the books (I bought many of them - rather inexpensively by getting them used) VERY repetitive and along the lines of "read more, I am about to spill the secrets" followed soon after with the let down of "I am not going to tell you how, just why." I guess I was feeling more as a how-to kind of person when I chose the books. They also repeatedly recommended getting expert advice from professional CPAs and Attorneys. Still, just like all "advice" books, there are bits of truth and helpful angles to be found. I am building up a modified version of the Cashflow plan in Real Estate, while continuing to keep my day job. :) But the game can really expose one's level of acceptable risk, and help one see their choices and the possible impacts. Nothing like playing with fake money first and getting your hard knocks virtually, instead of betting the farm and having to start over.

Cashflow is an alternative that enforces the same rules from reality. It gets you understanding what doo-dads really are, and how detrimental to long term plans they can be.

losvedir 15y ago

I've played Cashflow and I do really like it. It teaches some good lessons. That said, I once read a very interest article looking into Guy Kawasaki and I recall it was quite negative; he didn't have a "Rich Dad" or "Poor Dad" like in his books, and didn't have demonstrable real estate success. Unfortunately, I can't find the article right now, so I don't have any of the concrete criticisms it mentioned.

travem 15y ago
The author of rich dad poor dad is Robert Kiyosaki. Guy Kawasaki is the former chief evangelist at Apple as well as author of some other books.
- losvedir 15y ago
  Egad! That would explain my difficulty finding that article then. Thanks so much.
raintrees 15y ago
I did just a quick search and found a number of sites, most referring back to John T. Reed's piece here: http://www.johntreed.com/Kiyosaki.html http://www.johntreed.com/Kiyosaki.html Although the content at the Reed link feels sensationalized to me (and sometimes very nit-picky) many of the points could be generalized as: - Don't blindly follow what you read, and - Kiyosaki is not consistent. I found the books (I bought many of them - rather inexpensively by getting them used) VERY repetitive and along the lines of "read more, I am about to spill the secrets" followed soon after with the let down of "I am not going to tell you how, just why." I guess I was feeling more as a how-to kind of person when I chose the books. They also repeatedly recommended getting expert advice from professional CPAs and Attorneys. Still, just like all "advice" books, there are bits of truth and helpful angles to be found. I am building up a modified version of the Cashflow plan in Real Estate, while continuing to keep my day job. :) But the game can really expose one's level of acceptable risk, and help one see their choices and the possible impacts. Nothing like playing with fake money first and getting your hard knocks virtually, instead of betting the farm and having to start over.