Robert Kiyosaki and the Cash Flow Quadrant

Robert Kiyosaki has written many motivational books starting with Rich Dad Poor Dad. Rich Dad Poor Dad is the story of Robert’s two fathers. His “poor dad” was his biological father,”he struggled financially all his life”. And his “rich dad,” his best friend’s father who became “one of the richest man in Hawaii”. By contrasting his two Dads, Kiyosaki helps people rethink their idea of money and wealth building.

Although there is some controversy over whether Kiyosaki’s “Rich Dad” was real or whether he made it up, there are still some very valid concepts in his books. One of the most important is the Cashflow Quadrant which is also the name of the book written by Kiyosaki and Sharon Lechter. The Cashflow Quadrant shows the four ways to earn money. Employees, Self Employed/Small Business owners, Business owners (not directly involved in the day-to-day operation of the company), and Investors. Robert Kiyosaki’s philosophy for financial independence is that not all Quadrants are equal.

“That is why I did not want a job. If we were going to be responsible citizens, Kim and I wanted to have our money work for us rather than spend our lives physically working for money.”

Robert Kiyosaki in Cashflow Quadrant .

“You only have so many hours in a day and you can only work so hard. So why work hard for money? Learn to have money and people work hard for you, and you can be free to do the things that are important.”

Rich Dad in Cashflow Quadrant .

The Perfect Business

TAGS cash flow quadrant, financial independence, rich dad poor dad, small business owners, ways to earn money

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Personal Development Quote - Life Purpose

True North is the internal compass that guides you successfully through life. It represents who you are as a human being at your deepest level. It is your orienting point - your fixed point in a spinning world -that helps you stay on track as a leader. Your True North is based on what is most important to you, your most cherished values, your passions and motivations, the sources of satisfaction in your life.

- Bill George

TAGS:life purpose, personal development, true north

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Home Business Success - An essential ingredient.

If your success thermostat (your thoughts, feelings, and actions related to money and financial success) is set too low, how can you expect to have success working for yourself?

That’s the rub. If you are working for yourself, guess who is responsible for your success ?

“My inner world creates my outer world.”

Secrets of the Millionaire Mind by T. Harv Eker

Developing a true millionaire mindset is 90% of the journey to success. Personal development is the cornerstone of your success.

TAGS: financial success, home business, millionaire mindset, money, personal development, secrets of the millionaire mind, t. harv eker

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Starting a home based business.

Many people have started to look at a home business but have stopped their due diligence after reading a negative comment from someone who has tried the business and not succeeded. The usual response to such complaints is why would you listen to someone who has a chip on their shoulder, who has failed. But my mother always said there are two sides to every story. I believe that we have to understand the nature of the business model to fully understand. Generally speaking, a franchise or bricks and mortar business has a much higher startup cost. The direct marketing business has much lower startup costs and because of this, there are some people who enter the business, who may not have the skill or inclination to mentor people and show them how to run a successful business. Lets face it, not everyone in this business has a servant heart, a mentor attitude.

Thats why when you start a home business , there are really two relationships to look at. Lets call them the Macrorelationship and the Microrelationship. The Macrorelationship is your relationship between you and the larger networking company. A networking company needs a strong policy regarding compliance to ethical business practices.

Just as important, or perhaps more importantly, is the microrelationship. Generally speaking, this is the relationship between you and the person who introduces you to the business. This relationship is crucial to your success. As well as mentoring you and showing the ropes of the business, there should should be strong systems in place which include training and marketing.

Jason Bryn talks about this mentor relationship:

For more information on a home business that is truly based on a mentor relationship go to lifepathtransition.com

TAGS: business model, direct marketing, due diligence, ethical business, home business, how to run a successful business, mentor relationship

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