People are Financially Divided into Four Groups
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- Article Title: People are Financially Divided into Four Groups
- Author Name: David Cameron Gikandi
- Contact Email Address: corporate@imagesofone.com
- Word Count: 719
- Category: business opportunities
- Article URL: www.VeryRichGorillas.com
- Autoresponder: 4incomegroups@imagesofone.com
- Keywords: network marketing, MLM, business opportunity
- Characters per line: 60
- Author photo: www.imagesofone.com/articles/gikandi.jpg
- Copyright Date: 2/28/2006
- Copyright 2006 by David Cameron. All Rights Reserved.
Complete Article with Resource Box at end:
People are Financially Divided into Four Groups
By David Cameron Gikandi
According to Robert Kiyosaki, author of the worldwide
bestselling Rich Dad Poor Dad book, people are financially
divided into four groups. The first two groups are
classified as active income people. They are called active
because they have to exchange time for money. If they stop
working, they stop earning money. Active income people
include:
1. The employed - Employees work for a system (a business,
a government, whatever). This is not a favorable setup for
wealth accumulation and financial liberty.
2. The self-employed - Self-employed people are a system.
If they stop, there is no system left to work on its own.
They, like the employed, must work, must exchange their
time for money, otherwise, they are not paid. This is also
not a favorable setup for wealth accumulation and financial
liberty, although it does have the added benefit of
allowing for greater financial growth than being employed.
The next two groups are where you usually find the rich and
wealthy, and more importantly, the ones who have both
financial and time liberty. These are the favorable setups
for wealth accumulation and financial liberty and this is
where you need to move to. These are called passive income
earners. They are called passive because they do not have
to exchange time for money. In other words, they have both
financial and time liberty. Passive income people include:
3. The business owner - she or he owns a system but does
not work in it. A business owner has set up a business in
such a way that it is a system that can be run by anybody
(just like a McDonald's franchise). They then hire workers
to plug into the system, work for them, and bring them
money.
4. The investor - she or he invests in a system but does
not work in it. An investor has investments in systems that
work for them and make them money.
Do you see the key difference between these two groups, the
active and the passive earners? The people in the first
group have to exchange time for money. If they do not give
up their time, they are not paid. The people in the second
group do not have to do that. They may initially need to
spend time setting up the system, but once it is built,
they no longer have to exchange their time for money. They
take back control of their time and this enables them to
live life as they wish. The system works for them and
brings them money even while they sleep! How good is that?
The system is the solution. It allows for predictable, good
results and frees up your time so that you can do other
things that you enjoy or even start other businesses
(because you have the free time to do so)!
So the question is, how can you move quickly from the
active to the passive camp? Well, there are several ways,
but the most affordable, yet most overlooked, is network
marketing. T. Harv Eker, multi-millionaire and author of
the best-selling Secrets of the Millionaire Mind, says this
about network marketing in his book:
"...network marketing can be a dynamite vehicle for wealth.
But, and this is a big but, don't think for a minute that
you are going to get a free ride. Network marketing will
only work if you do. It will take training, time and energy
to succeed. But if you do, incomes in the range of $20,000
to $50,000 per month - that's right, per month - are not
uncommon."
Have a look at what Robert Kiyosaki has to say about
network marketing. He says it is a great asset-producing
vehicle, one that allows you, unlike other businesses, to
create assets that create more assets that create more
assets that create more assets.... In other words, you
recruit representatives (assets that add money to your
pocket), who in turn recruit their own reps (more assets
that add money to your pocket), who in turn recruit their
own reps (more assets that add money to your pocket)...
So what makes network marketing so good when done in the
right industry and with the right company? Well, other
businesses grow linearly while network marketing grows
exponentially (rapidly becoming greater in size)! Do you
need another reason?
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Written by David Cameron Gikandi, VeryRichGorillas.com. For
even greater tools and insights into your quest for wealth
and financial liberty and ability, and a deeper network
marketing review, go to www.VeryRichGorillas.com
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