A “business owner” is defined as someone who earns leveraged income. Being a business owner is different than just being self-employed at least in how Kiyosaki defines the cashflow quadrant.
#Cashflow quadrant pdf full
This is not true of all of course but for the vast majority, their small business does not work and they find themselves back as an employee, working less hours but with the full realization that they might never achieve their dreams with a job. Why? Most self-employed people quit their 9-5 to work 9-9 (or worse) and they lack a system of how they could ever get leverage out of their business. Many times when I am doing a presentation and ask “How many have owned a business before?” and then ask “How many realize their business owns them?”, almost always the same hands go up. If you are in this section you might find this post useful: Can you be an entrepreneur?Īh, so surely the self employed or small business owners are better off right? Well, not always. Also know that someone ONLY in this section pays the most taxes as they have no write-offs. Even if someone absolutely loves their job, it still might make sense to at least part time look into one of the other sections as bosses, positions, wages and demands of a job change which can make a desirable job, not so desirable. This is not a leveraged way to make a living. Their income is derived from 100% of their activity, meaning, they can only increase one factor and that is their wage. Employees, typically at least, perform certain functions and get paid either an hourly wage or a salary. This post is NOT to bash any section over the other, it just enlightens you to the differences. The cashflow quadrant has four sections and teaches you the difference between all of them. If you click the image to the right, it will open up larger in a new window allowing you to easily see what it teaches.
#Cashflow quadrant pdf how to
In this post I will break down the cashflow quadrant based on my experiences and it might help you to understand how to talk to people that might not understand why starting your own leveraged business is so important. Robert created the Cashflow Quadrant to easily break down the different types of careers out there and help to understand why some are more attractive than others. And Comment Below! What is the Cashflow Quadrant?Ī lot of us entrepreneurs learned from a guy named Robert Kiyosaki.
0 kommentar(er)
