Entrepreneurship has become an obsession throughout the World nowadays.More & more people want to be in control of their own financial destiny.
There are only two Achievement Factors for MOST of the businesses: TIME and MONEY
Ways of Generating Income depends upon Ways of Thinking.
Robert Toru Kiyosaki,an American investor, businessman, self-help author and motivational speaker described a quadrant known as the cashflow quadrant.
To which quadrant do you belong to ?
1.Employees
Advantages:
•No tension regarding profit or loss etc of the company.
•Gets payment/income in time.
•Safe job if employed in a MNC. Provided there is no target or competition.
Disadvantages:
Always exists a minor tension whether the job will be available always.
Lacks leadership qualities.
Have to show up at a particular time every day to make money.
Starts over every day at Rs 0.00.
Trade hours for his income and someone else own the business.
2.Self-Employed
Advantages:
•Time is flexible but exists a tension
•Always a fluctuation, income depends upon the market of the products sold or reputation of the person.
Disadvantages:
Have to show up at a particular time (though flexible) to make money.
Start over every day at Rs.0.00.
You own the job & trade more hours for Rs.
3.Entrepreneurs(or Business Owners)
Advantages:
•Flexible timings
•A Entrepreneur is a leader
•Your money works for you, rather than you working for your money.
Disadvantages:
No disadvantage. (Any challenge is converted into an opportunity.)
4.Investors
Advantages
•Out of the above 3, the best quadrant.
Disadvantage:
An investor is usually a big entrepreneur, so No disadvantages. (Any challenge is converted into an opportunity.)
Need up-front capital.(a lot of money to invest)
So the Left Quadrant (Employees and the Self-Employed) are always having disadvantages more than their advantages compared with the Right Quadrant (Entrepreneurs and Investors)
The Bad news for the Left Quadrant people is that they are the 99% of the world population but they only get 1% of the income, while the right quadrant people are only 1% of the world population and they get the remaining 99% of the income. So this is the reason that the entrepreneurs are always wealthy and having a great lifestyle while the employees are never satisfied with what they get. This is one of the sad secrets.
The Good news for the Left Quadrant people is that they can get into the right quadrant by just applying a secret, a secret that is applied by the right quadrant people, which is called as “the principle of leveraging”.If you could participate in a similar business model using the principle of leveraging, then you can get into the right quadrant. All one has to do is “To-do the work to build a business system (today), in order to reap the benefits (tomorrow)!
