P6> Self Employed or Business Owner?

In the next post, I will be more specific what is the kind of business we are goomg to establis, but first we need to get past a fork in the road.

You've decide to make money on the Internet, there are now two paths set before us.

Major Points:

# Self-employment and business ownership. Over the years I do not understand the difference. This will be beneficial for you to understand it before, at the beginning of this business risk.
# Cash flow quadrant Robert Kiyosaki: employees, self-employed, business owners, investors
# Each of these four quadrants to make money in different ways.
# Employees…… you receive a reward of your time. Your transaction time for the U.S. dollar. You work for others in return they give you a cheque.
# Self-employed persons for their work. Like employees, they often trade their hours for the U.S. dollar. Or, perhaps they charge or the work of the commission. There are many examples of self-employment, such as construction contractors, consultants, real estate agents, even doctors in many cases. They do not work for others, but their income is mainly dependent on their own to do.
# Business owners use the leverage to make money. The most common, they employ people and leverage other people's time. In this way, business owner does not do the work, they can scale their business larger. The benefits are, as a business owner, rather than self-employed generally more freedom, and ultimately more wealth.
# Investors of their money to do this work. They have their money to work to make more money.
# Myth: you do not make enough money. Fact: You need a better investor.
# Investor’s let their money do the work. They put their money to work making more money.
# If your goal is to never work, then you need to end the best in the business owners quadrant, rather than self-employed quadrant.
# Almost any self-employment situation, can become the owner of the business, if you know how.
# Business model, I will teach you is really a combination of self-employment and business owners quadrant. And to achieve it if you want to completely leave the self-employed quadrant and hire people to do the work, I will teach you what to do.

Action steps:

1) If you have not read the cash flow quadrant, and read it. You can pick the most likely at your local library for free, otherwise you can pick a copy of it here on Amazon.

2) determine which quadrant(s) you are currently in, which one(s) you want to be in.

There are no right or wrong answer, because it's the real problem, personal preferences for how you want to spend your time and how you want to make money.

Cheers to all for the great success ahead!