![]() ![]() Kiyosaki adds he came up with CASHFLOW 101 first and then wrote Rich Dad to promote the board game as well as a whole Rich Dad lifestyle, with games (CASHFLOW 202 is the more advanced follow-up to 101), books and articles that have inspired a devoted following. You have to know the world of investing." " to be a successful entrepreneur, you have to be both entrepreneur and investor. "I created the board game because accounting, when I went to business school, was the single most boring subject on earth, and investing is the most frightening," says Kiyosaki. Several local groups meet through Yahoo! Groups online as well. People can go to for information and to members to meet other intereste CASHFLOW 101 players. Many groups meet around the world to play the game. New York City isn't the only CASHFLOW mecca. , I didn't really understand a balance sheet or income statement." Patisso, who still plays the game often with gaming and business community group, NYC CASHFLOW, expects his sales to hit $250,000. ![]() "I'd taken accounting courses in college, but there's nothing like how the CASHFLOW 101 game is structured-it helped me learn to manage risk. "CASHFLOW 101 supplied the missing link," Patisso, 30, says. The company, started in 2002, offers solutions for homeowners in pre-foreclosure, mortgage financing and real estate services. ![]() Patisso, for instance, founded American Real Estate Equities in Mineola, New York, after playing the CASHFLOW game. Some entrepreneurs are finding the board game, which teaches financial principles for accounting and investing, can create wealth-and not only in a Monopoly-money kind of way, but in real-world dollars. Ed Patisso is just one of many who have launched businesses after playing CASHFLOW 101, which was created by Robert Kiyosaki, author of the book Rich Dad Poor Dad. However, it requires a better tutorial as terms such as assets, dividends, and liabilities can be intimidating for new players who aren’t familiar with how investing works.What hot, new pastime is inspiring entrepreneurs to launch businesses?Ī business-based board game is actually inspiring entrepreneurial startups. Similar to The Game of Life, it’s all about eventually winning through money and investments. Lacks certain helpful featuresĪll in all, CASHFLOW - The Investing Game is a fun mobile board game you can play alone or with friends. Plus, the liabilities don’t reduce as you progress, which is misleading. ![]() However, while the gameplay is easy to follow, the nuances of financial terms can be lost without the help of a guide. You have to purchase stocks, properties, and businesses until your expenses are covered and you get switched to the Fast Track. Some spaces will either give or take away from your cash. For every chance to roll, you can take a break first to review your financial statement on the side and either repay liabilities or borrow money. There’s no end here as the goal is to just acquire enough passive income that covers your monthly expenses, repays your liabilities such as mortgages and loans, and fulfills your dream. You roll the dice to see where you land on the board. Your starting job, however, is set by the game and the challenge here is to manage what meager finances you earn while investing in the right opportunities to make your money grow. These range from erecting a business school to just going on a world tour. In CASHFLOW, your ultimate objective is to fulfill the dream you chose at the very beginning. ![]()
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