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Knowing Your ‘E’ From Your ‘I’ Could Distinctly Change Your Economic Future!!
Robert Kiyosaki, author, international speaker, and financial educator, amongst many other titles, is one my favourite financial writers. He took an unpopular subject: Money and how it works, and broke it down for the everyday person making it more popular and easier to understand; as well as more accessible and applicable to the average person and their lives. His books have changed people’s lives!
Rich Dad, Poor Dad, his most popular and best-selling book has sold over 17 million copies; was on the NY Times best selling list for going on seven years, and has been translated into fifty-one languages. From that first book, seven other books have followed making up the Rich Dad series, including one called ‘Rich Dad’s CASHFLOW Quadrant.
Some say it is his most important book in regards to helping people change their lives! The key concept of CASHFLOW Quadrant is that there are four quadrants (as shown in the image for this post), each marked with a letter: E for Employee; S for Self-Employed or Small Business Owner; B for Business Owner; and I for Investor. Robert Kiyosaki explains if you want to achieve financial freedom in your life rather than financial security, you have to change quadrants, rather than jobs.
Here he covers the topic in one of his RICH Dad Education videos:
The reality is that the Industrial age when the more traditional job roles such as; the Doctor, Lawyer Teacher and Accountant, were the status quo, is now over! We now live in the Information/Internet Age or even Entrepernuerial Age, and the roles I just mentioned are under financial attack. Thus, for those that are working traditional jobs or not, but especially those who are not working, it is time to get creative, to get resourceful! There is no such thing as job security anymore, but financial freedom still exists, and with the various wealth creation tools and strategies available to us at a click of button, there are many ways of obtaining it with hard work and time.
When I look at the CASHFLOW Quadrant I think of it as stages; stages of growth in yourself, your career and
finances. Some people jump straight into quadrants B and I or even S, but for most of us we all start in the E quadrant. And this is where we get our experience of what we do and don’t want from our working life. The great thing about the CASHFLOW quadrant is that once you understand that you don’t have to change jobs to achieve financial freedom but simply change quadrants, it is just a question of finding the many ways to move from the E and S quadrant, or even remain in those quadrants whilst you make your transition to the B and I quadrants.
Do you have a skill such as sewing, cooking? Many people are setting up restaurants in their homes - http://www.bbc.co.uk/programmes/b00pxpc7. Some people are looking to set up a franchise (http://www.franchiseinfo.co.uk/exhibition), or even join a network marketing business, which Robert Kiyosaki says “...a system I often call a personal franchise – [it] is a very democratic way of wealth creation”. Why not start an internet marketing business from home or even become a trader? There are many ways and options to move quadrants and ultimately change your life and fulfil your potential, if YOU just simply take the time to seek them out.
“Ask and it will be given to you; seek and you will find; knock and the door will be opened to you.”
So, are you ready to change quadrants? If yes, then let me point you in the right direction!!! Get in-touch and let’s discuss! To Your Financial Success and Becoming Financially Savvy!
P.S. If you would like your own copy of Robert Kiyosaki’s CASHFLOW Quadrant or even Rich Dad Poor Dad (in Spanish or English) then you have a choice of either searching for a free e-book version online or you can purchase a copy from my Becoming Financially Savvy Educational Resource E-Store at http://astore.amazon.co.uk/buttewealtcre-21
Lavinia Osbourne
Financial Educator & Business Owner of Butterfly Wealth Creation
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