We all know Robert Kiyosaki, best selling author of Rich Dad Poor Dad. But did you know that for 15 years Robert Kiyosaki disregarded MLM as a marketing scam?
Kiyosaki introduced the Cash Flow Quadrant in order for people to get to know the concept of financial freedom – cash flow, what creates wealth and what keeps you from becoming wealthy.
The four categories in the quadrant are Employee (E), Self-employed (S), Business Owner (B) and Investor (I).
The whole concept revolves around how people can and should move from E and S quadrants to B and I in order to be financially free. People in E and S are those who trade their time for money. For example lawyers, teachers, doctors and other professionals need to sell or exchange more of their time in order to earn more money.
Being in quadrants B or I are not easy as you need to be doing well to maintain your success.
Kiyosaki had a friend who was very successful in creating wealth in an MLM Network Marketing business. As his friend explained, the concept of creating wealth was understood by most people. But they were unable to invest in a conventional business because of the high capital it requires.
As intriguing as it was, Kiyosaki not only saw his friend creating great wealth but also helping others to be successful. His friend was a teacher, mentor and a coach to his business associates. He saw the difference in how his friend was able to help people to create wealth in such a way that he couldn’t with his real estate investing…eventually this led to the birth of the book, The Business of the 21st Century: Network Marketing.
Strangely enough, Kiyosaki who for decades wrote about properties, sold over 28 million books worldwide, now he considers Network Marketing to be the Business of the 21st Century.
Have a look at the video below to see Robert Kiyosaki explain himself about the Cash Flow Quadrant and Network Marketing
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Here’s To Your Success
» Marcin Marczak has written 136 posts