Showing posts with label robert kiyosaki. Show all posts
Showing posts with label robert kiyosaki. Show all posts

Saturday, June 14, 2008

Moonlighting encouraged

With the recent 41% hike in petrol prices, the Malaysian government offered civil servants a chance to moonlight, to supplement their incomes.

While some are still complaining and wanting to live in the past, it's really time to move on and start your own business, so that you can maintain your lifestyle or even better, not be affected by rising costs in just about everything.

If you have read Robert Kiyosaki's Cash Flow Quadrant book, there are just 4 ways to earn money
a) being an employee
b) being self employed
c) owning a business and earning a passive income
d) earning a passive income from Investments.

Most people will jump straight into either option a - by taking a second part time / freelance job or option b - trying to start their own small business.

But with just 24 hours at your disposal daily, you are either using your time to make money or having leverage of other people's time to make money. Of course having leverage is easier.

The author of the Secrets of the Millionaire Mind, T Harv Eker said this - There are only 5 ways to have leverage to earn a passive business income.

1) Royalties from being an author, singer etc
2) Earning real estate rentals
3) Internet Marketing
4) Being a Franchisor
5) Building a network marketing business.

To start the Bioslife Franchise together with the Unicity Network Marketing business costs just RM 2,400. But more importantly, your investment includes a proven global system and unique, patented, and clinically proven products, that you can use or sell at a 40% profit.

Moonlight and build your own global franchisor business or keep on complaining - the choice is really yours.

Friday, March 14, 2008

Cash Flow Quadrant and how you earn money

Robert Kiyosaki's Cash Flow Quadrant shows that there are only 4 ways to earn money.


E - Employee - you exchange time for money

S - Self Employed - you work for yourn own self.


Both these methods means your income is determined by the number of hours you can put in, to derive the income


B - Big Business - you have leverage over others and earn money off their efforts

I - Investor - you use money to earn more money as in Investments and properties to name a few.


Both these methods above, means your income is unlimited, as you are not limited by the hours you put into your income generating efforts


So most people start off as an Employee and one day, decide they need more money and get into the Self Employed quadrant. Unfortunately, these people soon realise that they need to work harder and harder in order to earn more and more money. You have to open shop everyday or your money stops!


Robert says since most people don't have that much money to become an Investor, they can actually jump straight from being an Employee into the Big Business category, even with very little capital or time. And he recommends Network Marketing as a system to do that.


Even with millionaire's like Jim Rohn, Donald Trump, Brian Tracy & Robert Kiyosaki recommending MLM / Network Marketing, then why do so many people jump in to the Self Employed quadrant and do insurance, unit trust, will writing & real estate?

I may be biased as I am in the Big Business quadrant enjoying leveraged income from my Home Based MLM biz, my Bioslife Franchise and my Internet Marketing efforts.

Leveraged income is income earned long after the initial efforts are over, meaning income earned whether I am sleeping or travelling.

A Big Business in MLM / Network Marketing, Franchise or Internet Marketing, also allows you to earn income from a potential of 6 billion customers, versus the limited market in your Self Employed business.

Visit my 3 links above in blue to learn more and I wish you every success in your Big Business!

 
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