I Blame It On The Cashflow Quadrant
Regina L Floyd
??Retired Cop Harnessing the Power of Online Marketing for Business?| Building a Strong and Engaging Online Presence for Business Owners ??
I've had a rude awakening this year!
and I blame it on the #cashflowquadrant. You see, in 2008 I did the unthinkable (to most people) and I walked away from a perfectly good Job (E Quadrant Employee).
I jumped right into the S (Self employed) quadrant and felt free for the first time in 30+ years. After all, I no longer had to answer to a boss, I no longer had to beg for time off, I no longer had to work holidays unless I wanted to. Perefect situation right?
What I found out was a different story
As I jumped into my new business and self employed status, feeling proud of myself for getting free, I soon found out just how hard it really is.
I was actually working longer and harder for myself than I ever did when I was an employee. I basically went from trading my time for a paycheck to trading more time for $.
As my own boss and business owner, there's no walking away from everything at days end.
The scary part was, if I didn't do the work, the business wasn't happening and it wasn't growing and no money came in. Actually, instead of getting paid week after week no matter how hard or well I worked, my pay started truly reflecting my work.
Brutal
there were even many days, weeks, and months where I was spending more money than I was making and wondered what the heck was I thinking.
Then one day, I got it. I started learning more about what Robert Kiyosaki teaches about the B (Business Owner) Quadrant and I found new hope. .
New Hope For Business
Having a "Business" instead of a job simply means you have a system in place. You have others working for you as employees.
Imagine being able to do more, spending less time doing it, and getting better results!
NO more selling your time for money, but rather selling a product or service instead.
In other words, you don’t have to be working for the business to generate income. Now that's what I'm talking about and the possibilites have become endless.
Check out this snippet of an article that explains the CashFlow Quadrant and why the rich get richer ( you can read it entirely by clicking "source" below)
"Rightly or wrongly, our tax system is designed to favor large businesses (B) and investors (I). Typically in these quadrants you get lower tax rates. Through lobbing you are able to create a large moat around your business to prevent others from competing.
The goal then should be as to get in these two quadrants as much as possible. This isn’t making a political statement, it is just the way things are setup. Regardless which political party and system you believe in, it’s just the way the world works. What matters is the way things are, not in some ideal fantasy land. Our tax code is designed to favor investing and large businesses." ( source)
ONCE you've gotten over the shock and/or realization of where you are at on the quadrant, what can you do today in your life and business to make the change?
Are you happy where you are? Why or why not?
Looking forward to your comments.
Regina L Floyd
Co-Host of The Heart of Influence | Chief Believer at I Can Workspa | Sales Strategist | Revitalizing Revenue | Engaging Keynote Speaker | Author
8 年This is a great article Regina. Thank you for sharing.