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Think Like Billionaire – Start to Make Passive Income

         Think Like Billionaire  

This is the everyday scenario that many of us encounter. But in spite your hard work, you have one question in mind…

Why Are You Not Getting Richer?

Let me tell you,

You Are Working in the Wrong Cashflow Quadrant.

The way you are earning your money is not capable of giving you passive income. Seems confusing right? You work your ass off everyday but you don’t get richer? Don’t be confused because the next illustration will explain what I am talking about.

Think Like Billionaire

e  –  employee quadrant

s – self employed quadrant

b – business quadrant

I – investor quadrant

This Figure is called the Cashflow Quadrant which I learned in Robert Kiyosaki’s famous book, “Rich Dad’s Cashflow Quadrant – Guide To Financial Freedom”. If you have read my About Me page, I gave a glimpse in there on how I bumped into Kiyosaki’s books and how it changed my way of thinking about money and work.

This Quadrant, once thoroughly elaborated will make you think about your current job. And it will also make you think if you still want to stay on that the same work routine everyday of your life.

In Less than 7 minutes, you will definitely understand the meaning of these letters and what it represents.

The 3 Illustrations below will give the summary of the differences in core principles of people in different quadrants.

1. HOW YOU DEAL WITH MONEY


Here’s what people usually say when it comes to money and work.


Think Like Billionaire - Start to Make Passive Income

With the varying words from the varying quadrants, you can say that they have different core values.

E – EMPLOYEE QUADRANT

They want to feel secure and see it in writing.

S – SELF-EMPLOYED QUADRANT

Oftentimes, S doesn’t like to have his or her income dependent on other people.

B – BUSINESS QUADRANT

B likes to delegate work.

I – INVESTOR QUADRANT

The I quadrant is the playground of the rich

 

2. HOW YOU EARN MONEY


Here are the signs that you are working for E, B, S or I Quadrant.

Think Like Billionaire - Start to Make Passive Income

E – EMPLOYEE QUADRANT

You earn monthly income. You also have a boss that takes control of you. Most people are in these quadrant.

S – SELF-EMPLOYED QUADRANT

You are the boss and employee as well. Your income depends on your working time. This means that if you don’t work, then you will have no money. Example of people in this quadrant are the professionals like doctor, engineer, lawyer.

B – BUSINESS QUADRANT

You are the boss but you like to delegate work. You manifest other peoples skills to work for you. This means that even if you don’t go to your work every single time, you can still earn some money. This is where everyone of us should be working.

I – INVESTOR QUADRANT

In this quadrant, instead of you working for money, money works for you.


3. HOW FREEDOM IS ASSOCIATED WITH YOUR MONEY 


Every work that you do has its own results. This illustration will show you what results you will get from each quadrant.

Think Like Billionaire - Start to Make Passive Income

As an Employee, you remain running like a hamster in a hamster wheel.

As Self – Employed, Your time is not enough to sustain funds.

As Business Owner, You can Spare some time drinking coffee at Starbucks.

As Investor, Money is Not a Problem

 

THE MAJOR DIFFERENCE


Think Like Billionaire

The Major Difference for the Quadrants are the kind of income they earn. E & S have Active Income while B & I have Passive Income. (Active Income – No Work, No Money; Passive Income – No Work, Still has Money)

Now that you already know what each quadrant represent, It is Clear that B ad I Quadrant makes a huge difference in terms of earning money.

With all of this being presented, I suggest a path the you should take to attain financial freedom.

THE PATH I RECOMMEND


Think Like BillionaireIf your an Employee at the present time, Shift to the Business – Owner Quadrant

If you are Self – Employed, Shift also to Business – Owner Quadrant

If your already in Business Quadrant, Shift to Investor Quadrant

Given with the Benefits and Privilege of B and I Quadrant, It is clear on what you should really do.

Start Earning Passive Income – Think Like Billionaire!

Now that you already know what path you should take, the next question is

How Will You Get There?

My next post will tell you the Steps on How to Create Passive Income from Scratch.

Check out the #1 Recommended Work At Home job for beginners!

If you have questions and concerns, just comment it below and I’ll be happy to answer your questions.

Let me hear your experiences on the comments below!

Best Regards,

John Rico