However, someone who is self-employed is their own boss, but they are forced to be present working (like our Chef example)Ĥ) Investor – This may seem self-explanatory as well. ![]() Their business is in place and it continues to make income without the need for the owner to be present with the business. His main distinction between self-employed and business owner is the fact that a business owner can simply make income without working. Kiyosaki defines a business as a profitable venture that manages over 500 employees. A great example of this can be a chef that must always be present cooking in order to make a profit.ģ) Business Owner – Take that same Chef example, however imagine that Chef is able to teach is cooking recipe to other chefs and pay them a salary, and then slowly grow his one restaurant into several or even hundreds across the country. However, self-employment in Kiyosaki’s sense refers to a person who run’s their own business technically, but must be present at all times managing their business. As an employee, one can earn and save money without taking riskĢ) Self-employed – Many may hear the concept of self-employed and think this is extremely positive, which can be correct. Being an employee is nothing to be ashamed of and many or perhaps most entrepreneurs started as employees. ![]() Robert Kiyosaki’s cashflow quadrant system can be summarized in segments:ġ) Employee – this is self-explanatory, but it represents anyone that works for an hourly or annual salary for a company. Who is Robert Kiyosaki? (You can read his life advice book and biography here:) However, for starters lets give you a background on just one of his many great books, Rich Dad’s Cashflow Quadrant.
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