Next thing I want to cover with you is one of the most important lessons my rich dad gave me.

And it was called the cash flow quadrant.

And what my rich dad explained to me is that there's four people in business.

One is our, one are E's employees.

S stands for small business, self-employed or specialist.

B stands for big business and I stands for small business, self-employed or specialist. B stands for big business, and I stands for investor.

And the thing I've known here is that most people who go to school

I program for the E and the S site.

For example, it was my poor dad who always said to me,

son, go to school so you can get a nice safe,

to care, a job. And so my you can get a nice, safe, secure a job.

And so my poor dad wanted me to be an employee.

And since the time I was a kid, get a safe, secure job, steady paycheck and benefits.

Okay? I didn't want to be an employee.

And I said, mom and dad, I want to be a rich man.

And I fight with my dad. So my mother finally said, son, if you want to be rich, my mother was registered nurse. And she said, you want to be rich. The richest people I know are doctors. So my mom wanted me to come over here, be a specialist or a small business person. I said, there's only one problem with that, mom. Doctors are really smart. And she says, you got a good point there. Not going to be a doctor. So I went to school. I have a Bachelor of Science degree. I can drive ships and I can fly planes. I flew for the Marine Corps. But that I've never used any of that education because I wanted to become a business owner. So it was my rich dad

who basically said to me, you know, become a business owner and learned to be a professional

investor. So one of the big differences here between these people is that it's called Texas.

See, in 1943 in the U.S., the federal government passed a law that said employees had to pay tax before they got paid.

So when you get your paycheck from your employer, you open it up, and voila, the government's always taken a sizable chunk of it.

And the harder you work and the more money you make, the more money they take from you.

So that's why it's not that good to be an employee, because you can never get ahead because

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