1. The CASHFLOW QUADRANT In Today’s Economy There are 4 or 3 genuine or legitimacy Ways To Earn Money.
2. I E = INVESTOR = EMPLOYEE NO RISKS PASSIVE INCOME OR REPEAT INCOME Paycheck is controlled by others Financials Risks CASHFLOW QUADRANT S B = BUSINESS OWNER =SELF EMPLOYED (No Employee) YOU CONTROL YOUR OWN INCOME OR SALARY EARN FROM THE EFFORTS OF OTHERS If You Stop Working Your Earnings Stop Managements Headaches
3. What is a “ BUSINESS”? “Business’’ is making someone’s life better THE BENEFITS OF OWNING YOUR OWN BUSINESS 1. You are the boss. 2. You control yourworkinghours. 3. You control whoyouworkwith (and whoyou don’t). 4. You control yourincome. 5. You control whenyouget a raise. 6. You control whenyoutake a vacation and whenyouwant to return. 7. You get impressive taxadvantages. 8. You canpass the business on to your loves ones. 9. You are investingyour time instead of spendingyour time. 10. It’syours.
4. Why Are We Not Rich ? How to get the Passive Income? OPT (Other People’s Time) The work hrs in one person’s whole life (From 25 to 65 years): 8 x5 x50 x 40= 80,000 hours / life 5% 95% Bill Gate’s work hours in one day (He has 30,000 employees): 8 x 30,000 = 240.000 hrs/day $ 5% 95% Positive Income Passive Income So Bill’s one day work = 3People’s life
10. Once a poor immigrant, Li got his start selling
11. plastic flowers in Hong Kong in the 1950s. Now Hong Kong's richest person. He is the world's
12. largest operator of container terminals, world's largest health and beauty retailer, a major supplier of electricity to Hong Kong and a real estate developer.
16. Orphaned as a child, Abramovich dropped out of college, then made a fortune in a series of controversial oil export deals in early 1990s. His fortune took off in 1995 when he teamed up with Boris Berezovsky (now also a billionaire) to take over oil giant Sibneft at a fraction of its market value. He spent some of his cash buying U.K. soccer
20. Cab driver's son borrowed $200 from uncle to sell newspapers at age 12. Studied voice in teens, later dropped out of City College in New York City to become court reporter. Made first fortune in trade shows. Created computer industry's marquee event, Comdex. Then Vegas: bought Sands Hotel & Casino for $128 million, demolished it to build the $1.5 billion all-suites Venetian Resort Hotel Casino and the 1.2-million-square-foot Sands Convention Center. Changed the way casinos do business by enticing conventioneers to Sin City mid-week, taking emphasis off gambling.
25. I E = INVESTOR = EMPLOYEE NO RISKS PASSIVE INCOME OR REPEAT INCOME Pay controlled by others Financials Risks CASHFLOW QUADRANT S B = BUSINESS OWNER =SELF EMPLOYED (No Employee) YOU CONTROL YOUR OWN INCOME OR SALARY EARN FROM THE EFFORTS OF OTHERS Stop Working Stop Earning Managements Headaches
27. I E = INVESTOR = EMPLOYEE PASSIVE INCOME OR REPEAT INCOME No Risk CASHFLOW QUADRANT S B = BUSINESS OWNER =SELF EMPLOYED YOU CONTROL YOUR OWN INCOME OR SALARY EARN FROM THE EFFORTS OF OTHERS
28. Multiply Yourself; Leverage Your Time 3 people got involved 9 people got involved You get paid for 30 hours more Each person works for 10 hours = 30 hours You work only for 10 hours You get PAID for total of 40 hours. You get PAID for 90 hours Total Payout To You = 130 Hours.
29. The Rich People Have their Time Works For Them to Build Wealth and Network of People. That is the secret of the Rich People. BUT The Employees Work For Them For Income. You can leverage your time too. Check the opportunity at www.freedom.successperfect.com