![]() ![]() ![]() One of the stocks that I wanted to sell, and it was really easy. These apartment complexes since probably November last year. Rightĭollars, so this is where money is working hard for me, where money produces Now, I own two apartment complexes that Iīought for 2.8 and 2.3 million dollars so combined 5.1 million dollars. It means that you have to bring $40,000 to the table. So if you want to buy one home for $200,000, These days, if you want to invest in realĮstate, you need to put 20% down. Generating an income with money, when trading you can get started with only When trading, you don’t have to deal with And the other way, for me, is investing in real estate.įavorite way to generate an income, and have money working hard for me, and Invest money that produces a return for you. It simply means that now you find a way to What does it mean being in the I quadrant? And this is what really attracted me.Įmployee, I realized that if I am not rich, I am making somebody else rich.įrom the E quadrant into the I quadrant, where money works hard for you. Investor means that you have money working The last quadrant is I, and it means you’re Passive income, and building a business that actually produces money for you is The idea here is to move to the other sideī means that you own a big business, haveĮmployees and a team and you have systems that are working hard for you.Īnd it’s always the dream of those in the SĪnd most business owner get stuck in the S quadrant where they still produce You don’t work, you don’t make any money. This is where Robert Kiyosaki says on this side, it is all about active You’re working the same hours as being employed, or even longer hours, right, Often being self-employed just means that No longer making somebody else rich,now that you’re working for yourself.īut let’s be honest, for those of you whoĪre self-employed, how many of you can really take a six-week vacation and your Quadrant SĪctually, it kind of means that now you are To make some money to move into one of the other quadrants. I used to work for IBM, and it’s a good way Don’t get me wrong, it’s a good way to get started. We exchange time for money, which by the way, is the worst thing that you can Subscribe to business newspapers, magazines, and other types of communications.įor more details do read the Book.This is where we are employed, meaning that.Attend business-opportunity conventions or trade expos in your area to see what franchises or business systems are available.Financial freedom is a vastly different from financial security.Making more money will not solve your problems if cash-flow management is the problem.If you take on large debt, make sure someone else is paying for it. If you take on debt personally, make sure it's small.Learning to invest is more important than learning a profession.Self-confidence is vital on the right side of the CASH-FLOW Quadrant.To be successful, you must also learn to lead people.What is most important is what I think about myself." "What you think of me is none of my business.If you want to get rich, you need to learn how to take risks. ![]()
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