Rich dad wanted me to start as an insider because he wanted me to be a person who created assets that eventually bought other assets. Start by Building a Business "I am going to teach you the fundamentals of building a successful business," rich dad continued. "If you can learn to build a successful В quadrant business, your business will gen- erate excessive cash. Then you can use the skills you learned becoming a successful В to analyze investments as an I." 240 Rich Dad's Guide to Investing Fast Track of the game is the track that represents where the Accredited Investor meets the minimum requirements as an investor. In other words, technically, less than 2.4% of the U.S. population meets the requirements to invest in the invest- ments found on the game's Fast Track. That means 97% of the population invests in the Rat Race. The Qualified Investor The qualified investor understands how to analyze publicly traded stock. This investor would be considered an "outside" investor as opposed to an "inside" investor. Generally, quali- fied investors include stock traders and analysts. The Sophisticated Investor The sophisticated investor typically has all three of rich dad's "three Es." In addition, the sophisticated investor un- derstands the world of investing. He or she utilizes the tax, corporate, and securities laws to maximize both earnings and to protect the underlying capital. If you want to become a successful investor but do not wish to build your own business to do so, your goal should be to become a sophisticated investor. From the sophisticated investor on, these investors know that there are two sides of the coin. They know that on one side of the coin, the world is a world of black and white and they also know that the other side of the coin is a world of dif- ferent shades of gray. It is a world where you definitely do not want to do things on your own. On the black and white side of the coin, some investors can invest on their own. On the gray side of the coin, an investor must enter with their team. Rich Dad's Categories of Investors 241 The Inside Investor To build a successful business is the goal of the inside in- vestor. The business may be a single piece of rental real estate or a multi-million-dollar retail company. A successful В knows how to create and build assets. Rich dad would say, "The rich invent money. After you learn to make your first million, the next ten will be easy." A successful В will also learn the skills needed to analyze companies for investment from the outside. Therefore, a suc- cessful inside investor can learn to become a successful so- phisticated investor. The Ultimate Investor To become the selling shareholder is the goal of the ulti- mate investor. The ultimate investor owns a successful busi- ness in which he or she sells ownership interest to the public; hence, he or she is a selling shareholder. This is my goal.