What does J-O-B stand for?
This is a vital question in the minds of the readers, who want to be wealth-conscious. Wealth consciousness includes all your ideas and ability to achieve wealth. Of course, it includes the notion of J-O-B. In this age of Information-Age Economy, the security of job is a mythological fact. You cannot be sure that your job is sure. If you simply believe in going to workplace and doing your work, that is not good. Today you might be familiar that the risen companies are deteriorating and unemployed individuals are increasing.
Nowadays we are getting more and more education to get a good job with benefits, a good pension, and a good job security.
Robert Kiyosaki is a popular author of the famous book Cash Flow Quadrant. In this, he mentions the various business concepts of becoming wealthy. He explains the four quadrants through which cash flows or in other words the ways of becoming rich. Here, E stands for employees, S stands for “Self-employed” or “Small business owner”, B stands for Business owner, and I stands for “Investor”. Out of the four quadrants, the third is the most crucial one as it marks starting of a successful business. Kiyosaki mentions that there are three primary ways to enter the B-quadrant. Joining a network market is an important way of doing so. A network market is a business that employs MLM (multilevel marketing) to serve its purpose.
Kiyosaki stresses that the employees and self-employed who are on the left side of quadrant earn their money on their own while the people on the right side vest their energy, money and time on others.
The Four Quadrants of wealth in detail
The Four Quadrants of wealth, as is mentioned in Robert Kiyosaki’s Cashflow Quadrant help you to live a much-balanced, meaningful, and prosperous life. The traditional schools would like you to be “E” employees or “S” self-employed individuals. This is because here you could learn how to work hard for money. Kiyosaki helps in the network marketing business. It supports in building of “B” business. Network marketing helps in gaining additional income. Nowadays more and more people are taking network marketing to be a career. Kiyosaki notes that the people who are the richest look for and build networks while everyone else searches for job. Fortune 500 companies today use network marketing to succeed in business. These companies provide employee benefits including retirement benefitS, unemployment insurance, and medical coverage.
All the employees who belong to the first quadrant of wealth simply believe in having a safe and secure job. They want guarantees for their work. Therefore, they should not try for business because business does not give guarantees.
The self-employed believe that if you want to do it right, do-it-yourself. Do not transfer your work to others. These kinds of people are more industrious. They cannot stop working because then they will not get their income if they do so. They do not require guarantees. In simpler words, they are fit to be business owners.
Both the third and fourth quadrants are fit to be business owners. The difference between the two is that while the third quadrant is for small business owner, the second is for bigger ones. The investor is the one who invests. That is, his work consists of utilizing other people’s money.
You can consider CashFlow Quadrant to be a change-bringer. People can go from employed to self-employed or from self-employed to business owner. Therefore, this forms a circle.
Henceforth J-O-B is an important aspect of today’s business. It not only grants wealth to its members but also inculcates in them team spirit. It gives to the people a sense of discipline. Just like entrepreneurs, Kiyosaki has transformed his CashFlow Four Quadrants book into a book that teaches the principles of financial freedom. He utilized the same principle to get rich.
Born and brought up in Hawaii, Kiyosaki has today become one of the most successful businessperson and writer. Hence, if you genuinely want to be rich read Kiyosaki’s CashFlow Quadrant and follow his guidelines.
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