Going from left to right. It is an idea I have received from Robert Kiyosaki, Rich Dad's Cashflow Quadrant.
The Cashflow Quadrant is comprised of Four types of people: Employees/Employed (E), Self Employed (S), Business Owner (B), and Investor (I). So you may be asking yourself where does the left and right come to play? Well the people that are E and S are considered to be the left side. This is where you exchange time for money and "benefits". Majority of your income comes from a salary or hourly pay. If you find yourself on the left side it is okay. The only thing you have to worry about is having a left side mindset. The right side are the people who are B and I. This is when you do not work for money but you let money work for you. This in essence uses the concept of passive income instead of "active" income. These series of blogs will help you to understand the concepts of things like the difference between passive and "active" income. Also the main point of the series of blogs is to help you move from the left side to the right side.
Thank you for taking out time to read and hope it would prove to be a great investment of time.
Take care and God Bless
Greg "Da Spokesman" Stargell
Wednesday, September 23, 2009
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