![]() These people either have their own office or work premises or could work from home or a home office. Example: Your neighborhood doctors who has his own private practice, financial advisors, private fitness experts, independent tutors, etc. This would include professionals who have their own practice or unit from where they provide their services. S: Self employed are those who work for themselves. Anyone who works for a salary falls under this category. This covers different types of employees including engineers, accountants, bank executives, professors, chemists, etc. The cashflow quadrant is a 2×2 matrix as shown below:Į: Employee refers to people who is employed somewhere. They Cash Flow Quadrant framework says that there are four types of people broadly in this world, which are represented by four letters E, S, B & I. This will help us understand why some people work less, earn more and pay less in taxes, and become financially secure. The Cashflow Quadrant is a framework used in Rich Dad Poor Dad book which will reveal the secrets to becoming financially secure. Have you ever thought how drop-outs such as Bill Gates made it to the billionaire’s club? Were Richard Branson, Micheal Dell and Ted Turner highly qualified, super intelligent or did they have some extraordinary talent? You will be astonished to know that professionals such as engineers, accountants and the brightest graduates and PhDs want to work for them. How many of us think about starting a business? This is obviously perceived to be risky and avoided without much thought. This is also a socially acceptable norm that all of us are comfortable with. This is purely based on the conditioning of our mind from a very young age where parents typically want their kids to get in to one of these professions. If we look at our ambitions or aspirations, most of us want to become a doctor, accountant, lawyer, engineer, etc. Life is full of ups and downs, but do we really know what is required to attain stable financial position and achieve true financial freedom? No, not really. ![]() All of us aspire to be successful and financially free at some point in our life. Cashflow Quadrant is a framework used in ‘Rich Dad Poor Dad’ book which will reveal the secrets to becoming financially secure. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |