Cashflow Quadrant for Network Marketing Success
Monday, August 29th, 2011 at 11:03 pm
Robert Kiyosaki’s best-selling book, “Rich Dad – Poor Dad” spent years on the New York Times best seller list. It was self published and was discovered, being displayed for sale on a bookshelf in a car wash. A successful network marketing leader came across the book, started reading it, saw the value in its message and bought every available copy for his downline. The rest as they say is history. Rich Dad – Poor Dad has been a recommended must read for most network marketers, especially new recruits entering the industry. The book spells out perfectly how our educational system produces good employees by programming us to pursue good grades and good jobs. Robert Kiyosaki does an excellent job of explaining how this has occurred over the past decades and how to think outside the lie of taking care of a company and the company taking care of you forever. Once a reality, those days are long behind us.
Many networkers read Rich Dad – Poor Dad but I am amazed how many people I have talked to who never made it to the Robert Kiyosaki followup book, “Cashflow Quadrant“. In Robert’s first book he explains what the rich teach their children about money that the poor and middle class do not. That is actually the book’s sub-title. In Cashflow Quadrant, Robert teaches in more detail what you can do with this knowledge to take control of yours and you family’s financial destiny forever.
Robert is a strong proponent of MLM, direct selling and network marketing. He teaches that these business models level the playing field with any other business regardless of its size. An individual can start in the E Quadrant as an employee to build a MLM business without jeopardizing their employee paycheck. Starting part-time or even spare-time they can work their way into the S Quadrant becoming self employed. Too many people get stuck in the S Quadrant as salespeople and may be happier there than when they were working for a boss. This is actually very hard work but many find it an improvement over working for a boss and that alone is fine for most.
Those who learn how to plug people into a system enjoy the benefits of leverage. This is the B Quadrant for business. These people understand that a system runs a business and that it’s people who run the system. When properly built this system can produce a lifetime of residual income and actually be sold off one day or passed on to future generations of family members. You just need to plug in people which is what we live for anyway.
The I Quadrant is where everyone should want to be. This is the Investor Quadrant. Business owners are the high earners in our economic system and should find ways to put their money to work rather than spending it as quickly as it is earned. Even if an owner just saved and invested enough money over the years to amass a million dollars, just an eight percent return on that investment would provide an $80,000 income without ever touching the original principle or even having to get out of bed or leave the beach.
This is just a quick overview of the book Cashflow Quadrant and I hope you take the time to read this book if you haven’t already. If you have I suggest you read it again. The knowledge in these two books is what makes you valuable and attractive as a leader in this industry. Most people come into network marketing expecting to grow as a person and you can have huge impact with those working with you. Remember: Readers Are Leaders!
|The rich follow a different set of rules for making and keeping money. In fact, the rich live in a world most of us know nothing about. They pay less in taxes and set up their lives in such a way that money constantly|
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