Here's a book called the Business of the
21st century by robert kiyosaki. Have you
ever stopped climbing a ladder to ask
yourself where is this ladder planted
well you probably haven't because maybe
your question was really how I am I
going up? Robert Kiyosaki presents this
question to help the reader have a
better sense of where they are truly at
with their financial standing.
Could it be that the ladder you're
climbing in your life it's placed on the
wrong spot. Back when Robert Kiyosaki was
younger
his friend'ss dad, that he called rich dad
taught him an important concept that
there are four distinct sources of cash
flow in the world. he showed what he
calls the cashflow quadrant so we have
four distinct sources. the first one
starts with E which is employee the
overwhelming majority of us learn and live
this life
next is the S quadrant stands for
self-employed and small business owner
Think of small business owners, lawyers
and private doctors for example. over
here we have the B quadrant which
stands for business owner, so think of
manufacturing business, real estate
business, mining companies and other
things
lastly is the I quadrant for investor
think of investors who deal with real
estate property, stocks, bonds and mutual
funds. the idea for them is having money
to make more money so then the real
question for you presents itself. From
which quadrant do you receive the
majority of your income?
As you think about that, let me share you
an interesting fact. Let's say we add up
all the money in the US. About eighty
percent of all the US population are
living in the E and S quadrant. How
much you think they have altogether?
Did you know they have only twenty
percent in total of all the US money? on
the other hand there's the rest of the
twenty percent of the population that
lives in the B and the I quadrant. Can
you guess how much they have? That's
right that you're ready probably figured
out, they own eighty percent in total of
all the US money. *Laughs* For the E and the S
it's like seeing eight hungry guys having to share
two slices of pizza. So how and why does
this happened?
How are the B and I financially
successful? It starts with what our
mindset values
let's take a look! What are the core
financial values of each of these
quadrants? For someone living in the e
quadrant, their core value is security
for people into s quadrant their core
value is independence. for anyone in the B
quadrant their core value is wealth
building and the people in the I
quadrant what they value the most
its financial freedom. let's simply
analyze how these values come into play
for each of these quadrants. Starting off
a person in the E quadrant often
thinks or says I'm looking for a safe
and secure job with a pretty decent
steady pay with great benefits. These are
the things they value but their biggest
issue with this is they have to trade
their own time for money. Now we go to
the people living in the S quadrant
striving for independence they often
take great pride in the work of their
own hands or brains, being their all boss
in other words. The s quadrant can be
filled with professional people such as
doctors, lawyers, and accountants who do
not belong to a large medical, legal or
accounting firm. The problem for them is
they are a slave to their own business
the main reason is simply they are the
heart of it and if they stop working the
business won't continue on thus there
won't be any more income until their
work is resumed. While a person into s
quadrant wants to be the best and his or
her field, a B quadrant person wants to
build a team out of other people who are
best in their field. business owners are
often people with powerful life mission
who value a great team and efficient
teamwork and want to serve and work with
as many people as possible
this is where power in numbers come into
play in great length. They utilize
passive income which is money coming
into thier pockets whether they work or
not
lastly the investors are usually B
quadrant people who further progress
their wealth building by the tactic of
using their own money to work for them
instead of him or her working for money
but in the I quadrant you need a great
deal of money to start investing if you
were wondering, okay let's say I'm in the
E and the S quadrant
how can i make a successful transition
to the B and the I quadrants
Well, the biggest reason most people
believe they cannot transition over is
because they cannot invest due to not
having a business to begin with and they
don't have enough money to start due to
other things like taxes, dept, inflation
and retirement savings that are killing
them, So now what? Am i screwed?
That reason alone, I'm out
not to worry because Robert covers that
question entirely with an answer for the
people that want to cross over the
answer is there is a business model that
can help you learn to create passive
income and it requires relatively little
cash investment to start up and it can
be operated on a flexible part-time
until it generates enough cash flow for
the person to transition one day from
his full-time job
the business model is called network
marketing. network marketing has been
around in various forms since the middle
of the last century. you get the taste
what it's really like building a
business through teamwork and making
business by word-of-mouth AKA networking
the author explains that the beauty of
network marketing is not just focusing
on making money but a bigger picture of
helping other people become successful
making money in their own business so
they can become financially free and
accomplishing their life goals and
dreams. At the end of the day what makes
it person truly rich is not how much he
or she makes because it's really about
their mindset if your mind is like the B
and the I quadrant, money is going to
attract you around like a magnet
whether you think about it or not. For
more information you can learn more
about the business of the 21st century
from my link down below
hope you enjoy
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