The Network Marketing Training Center

Helping Network Marketers Generate More Leads Online

  • Home
  • Blog
  • Network Marketing Resources

Rich Dad’s Cashflow Quadrant Makes the Case for Network Marketing

February 16, 2019 by Toni Coleman-Brown Leave a Comment

Rich Dad’s Cashflow Quadrant is a guide to financial freedom.  It also makes the case for network marketing.  It is the second book from the Rich Dad Series written by Robert T. Kiyosaki.  The author shares how he started from being homeless to being financially free in a few short years. The book sells on Amazon for only $12.23.  It is also available on Kindle for only $9.68. If you are tired of being just an employee who trades hours for dollars, then this book is for you.

What is Rich Dad’s Cashflow Quadrant?

rich dads cashflow quadrant diagram

The Cashflow Quadrant is a diagram (shown above) that shows various career paths. The quadrant is divided into four areas; each represents a letter that corresponds to different vocations as explained below.

On the left side are E (employees) and S (self-employed) people.  While on the right side are B (big business owners) and I (investors like Warren Buffet). The left represents the active income earners while the right is passive income. The goal is to move from being a mere employee to being an entrepreneur so you can earn more money while working less.

The Cashflow Quadrant is easier to understand than most financial structure because it clearly presents the steps taken to get to the left side. It teaches you how to map your finances with https://tradingstrategyguides.com/profitable-renko-strategy/, control spending habits, and minimize debts and liabilities so you can effectively manage your money.

It doesn’t specify the amount of time needed to learn these techniques but sooner you’ll get used to it. I believe using the Cashflow Quadrant is the simplest way to plot your own unique technique to become richer in less time.

Rich Dad’s Cashflow Quadrant is also a way to go if you need a guide on how to boost your passive income while earning as an employee.

Is Rich Dad’s Cashflow Quadrant effective in making you rich?

Rich Dad’s Cashflow Quadrant clearly breaks down the difference between the left side and the right side. Yet how effective it is depends on how you use it for your own good. Still there is no hard-and-fast rule on how you can control your situation.

One thing is for sure – this book gets your mind on track! It explains how to transition from working for money to having your money work for you, thats why you need to learn how to work with a good Social Media Management to achieve this. The steps are very easy to follow plus the bunch of quotes, personal experience, and life lessons will give you the courage to try.

If you ever need financial inspiration, this book could definitely open up your mind. Yes, you can get sacked unexpectedly but there’s nothing to lose if you give it a try.

What are the cons of Rich Dad’s Cashflow Quadrant?

Do not expect that Rich Dad’s Cashflow Quadrant will give you a “how-to” guide on acquiring wealth. Maybe you’re expecting that you can get some life hacks from this book but it doesn’t give that kind of information.

Rich Dad’s Cashflow Quadrant is more than just a mere tutorial. It is a mind setter! First, it helps change the way you think about jobs, careers, and owning a business. Then it presents the rules that you can follow to manage your money.

The goal is to help you earn more, save more, and become your own boss. So, the biggest con probably is not using it wisely.

How does Rich Dad’s Cashflow Quadrant impact your life?

Rich Dad’s Cashflow Quadrant could definitely impact your life in a positive way. I love how it starts with the truth that sooner or later, your job won’t be enough to support your growing family. So you better start making bigger goals until you build a business of your own.

The idea of this book is to open your mind to a variety of opportunities on how to get more money and not depending on your current job. In the end, you will learn how to work less, earn more, pay less in taxes, and become financially free.

I think the reason for making the Cashflow Quadrant is to make it applicable to everyone. Unlike the simple life hacks you see on the internet, this structure is something you can sustainably use for the future.

Ten years from now Rich Dad’s Cashflow Quadrant will still make sense because you can tweak it according to your particular situation. It’s actually an ultimate guide on how to transform from being an employee to being a boss of your own company.

The book itself is a good investment, especially if you need to convert from the mindset of an employee to an entrepreneur.  This is exactly what you will need to do to succeed in network marketing.

How the Book Helps the Average Network Marketer and Makes the Case for Network Marketing…

First, understanding that a job will leave you at the end of the day, Just Over Broke (J.O.B.).  I don’t know anyone who wants to spend the rest of their lives trading their time for money.  The whole objective in live is to be able to have your money work for you so you can get your time back and live a life of freedom.

Network marketing can helps people to move from Quadrant 1 to Quadrant 2 (Employee to Self-Employed). It gives individuals their first taste of self-employment and the Cashflow Quadrant book gives folks the right mindset.  Once you have the right mindset for networking marketing and begin to grow, you can easily move from Quadrant 2 to 3 (Business Owner).  After you acquire the discipline that it takes to be a successful business owner, you can easily move to investor.

I would encourage every network marketer to read Rich Dad’s Cashflow Quadrant and find out how to development the mindset of an entrepreneur.  This is the only way to succeed.

Also pick up these other resources to help you grow. Click here.

Filed Under: Earn Residual Income, Network Marketing Tagged With: rich dad's cashflow quadrant

Jim Rohn Building Your Network Marketing Business

December 29, 2018 by Toni Coleman-Brown Leave a Comment

If you listen to the audio Jim Rohn Building Your Network Marketing Business  you will not only become better at recruiting, but you will also be able to sit with your hired business plan company experts and make a better plan for your business based on its current growth rate. This is because you will understand the industry in a new light.  One of the things that will become clear is that storytelling is key to recruiting in network marketing.  Jim Rohn was an excellent story teller.  He knew the exact words to use to pique someone’s interest in his opportunity.

The Law of Averages from Jim Rohn Building Your Network Marketing Business

Jim spoke about The Law of Averages in his audio.  He said that if you do something often enough a ratio will appear.  For example, if you speak to 10 people a day in the beginning you might be 1 for 10.  Then over time you may be able to recruit 1 out of 10.  Eventually, you will grow to be able to close 10 out of 10.  But it all happens over time and with consistency. You will have to fix an office and prepare it with the basics such as a document destruction system and paper. Need professional help? Visit https://truenorthsocial.com/social-media-marketing-plastic-surgeons/ to help your business grow and get more customers.

Quotes from Jim Rohn Building Your Network Marketing Business

Some of my favorite quotes from the audio program are:

“Profits are better than wages”  

“Wages make you a living, but profits make you a fortune”

“I’m working full-time on my job but part-time on my fortune”

“It’s not what happens that determines your life future it’s what you do with what happens that makes the difference”

“It’s not the blowing of the wind that determines your future, it’s the set of the sail”

These quotes are amazing because they all demonstrate how being an entrepreneur allows you to earn profits, which are unlimited and wages are limited.  Additionally, the point that Jim Rohn was making is that it is best to control your future because when you do, the possibilities are endless, an important thing he recommends is how marketing works with the professionals of Roofing lead generation strategies to improve your business.

Jim Rohn Served the Best Advice About Life

By his own confession, Mr. Rohn said that what he did to change his life was change his philosophy.  He said that he corrected his errors from the past and picked up some new habits and disciplines for the future, for example the use of a SEO strategy by finding a trustworthy affiliate marketing agency does not have to be hard, read more at Factschronicle. In fact, if you want to learn more about SEO or marketing in general, you must find out how to start a Freelance SEO career.

He said that someone once asked him how the next 10 years will be and he said that it will be just like the last 10 years.  He said that the next 10 years will be opportunity mixed with difficulty.   After expansion comes recession.  And after recession comes expansion.  Nothing really changes about life until you do.  His words of advice were not to wish for less problems, but to wish for more skills to solve the problems of the future.  Wish for more wisdom.  And keep sowing seeds, because eventually your seeds will fall on fertile ground that will be fruitful and multiply.

Jim’s Advice About Recruiting

Jim Rohn’s advice about recruiting is just like mine.  We always would say that the fortune is in the follow-up and apparently Mr. Rohn felt the same way.  I always would say that we as people need to be a beacon of light.  Mr. Rohn says we need to be bridge to take people from not knowing to knowing or from darkness to light.  His best advice was to always study.  If you’re in network marketing, you must become a student of the industry then you must practice your craft and then teach others how to do the same.

I would encourage you to listen to his audio program.

If you have listened to the audio before, let us know what you think. Drop a comment below to let us know your thoughts.

jim rohn building your network marketing business

Filed Under: Earn Residual Income, Online Prospecting, Recruiting in Network Marketing Tagged With: jim rohn, jim rohn building your network marketing business

Download Your FREE Guide!

50 ways.PNG

Find us on Facebook

Facebook

Recent Posts

  • Rich Dad’s Cashflow Quadrant Makes the Case for Network Marketing
  • Paparazzi Jewelry | What You Need to Know
  • Ray Higdon 3 Minute Expert
  • Jim Rohn Building Your Network Marketing Business
  • Mary Kay Perfume for Women and Men
SEMrush

Copyright © 2021 · News Pro Theme on Genesis Framework · WordPress · Log in