In this article, I will expound on the two philosophies that determines your financial future.
|
Fig.1 Cashflow Quadrant |
Financial Security
Everybody wants to be secured. This is what informs the choices that we make. We all go to school, to get a good grade, and then get a good job. Then, there is this mindset of climbing the corporate ladder which leans on God's nowhere.
Are you employed?
Robert Kiyosaki's Rich Dad said, "In the business world there are Es and E stands for employees. And the employees, you can always tell who they are by their core values. An employee with the president, the generator of the company, will always say the same words. The words are, "I'm looking for a safe, secure job with benefits." That's what makes them employees because their core value is security."
Are you self-employed?
The other group is the self-employed. These people are soloist. They operate by themselves. They are small business owners. Imagine, they work for themselves than they could have, if they have been employed.
Do you have an automated business?
Robert Kiyosaki's rich dad said, "the B stood for big business, or like Bill Gates. For Bs define big business as 500 employees or more. And their words are different.
For instance,
a poor man says,' I cannot afford it'.
a rich man says, ' How can I afford it?'
a poor man Passes over opportunities repeatedly
a rich man takes opportunities and they are not afraid of taking risk.
The B group will say, "I'm looking for good system, good network, and the smartest people I know to help run my business." Unlike the S, they don't want to run the company by themselves. They want smart people run the company for them."
Are you an investor?
And then, the fourth of the Cash Flow Quadrant is the I. And the I stands for the investor. These are people who have money work hard for them. These people in the B Quadrant have people work hard for them. And these people in the E & S Quadrant are the people who work hard for the rich here in the right side of the Cash Flow Quadrant, for the Bs and Is.
What then is Financial Freedom?
|
Fig.2. Financial Freedom |
Financial Freedom is when you have money, and the time to enjoy it.
Financial Freedom is equal to TIME FREEDOM+TIME FREEDOM. The only groups that enjoy this are those in the B and I Quadrants.
So if you want to be rich, learn how to build businesses, be a business owner, and learn how to be an investor.
Back to the Cashflow Quadrant.
On the left side of the Cash Flow Quadrant, these people work for security, they work for money also.
On the right side of the Cash flow Quadrant the B and I people's key value, what they want is they want Freedom, financial liberty. They don't want to have to work in a job anymore. They don't want to have to work for the rest of their lives.
Robert Kiyosaki and other big business leaders recommends Network Marketing.
Robert Kiyosaki recommends Network Marketing as the gateway to financial freedom because it helps you to earn passive income.
"I'm often asked why I recommend multi level marketing, especially when I'm not in network marketing business myself.
I'm like many people, early on, I had a very negative or close-minded attitude toward network marketing system.
But I've changed my mind. I've opened up the way to think, and I looked into the network marketing industry.
And I found some things that are extremely beneficial, especially for those people who look for changes from E and S to B and I in the Cash Flow Quadrant.
Communications and sales skills are essential for somebody in the B Quadrant. And network marketing companies, not all of them but some of them, have excellent training program that will teach you how to sell, how to communicate, how to build businesses...
Many people would not go to the B Quadrant because they are afraid of rejection. Multi level marketing teaches you how to handle your own fears, fear of rejection, and build that self-confidence. That's essential for the B Quadrant."
One of the MLMs that I recommend
MYCASHPOOL: GATEWAY TO FINANCIAL FREEDOM