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As some people must have the knowledge of the cash flow quadrants, I would like to talk more on the same topic. My article today looks at the transition from the E and S quadrants to the B and I quadrants.
Quadrant E: you have a job and work as an employee for a company / organization
Quadrant S: You are self-employed and own your job or a small business.
Quadrant B: You are a business owner and have a team that works for you
I Quadrant: you invest money in different businesses and the money works for you
First of all, we need to know that moving out of the E and S quadrants and into the B and I quadrants is truly a frightening, nerve-racking, hard-working life strain. We all want to live a life of luxury, but luxury comes at a high price. Not all of us are capable of paying such a high price. That is why; so few people enjoy a life of luxury. No one would have been poor and unsuccessful if it had been such an easy job. So the point of my discussion is: how to go from the E and S quadrants to the luxury life of the B and I quadrants? Let’s take a look at it:
All of us are definitely not so rich and rich that we can easily start a business and invest money. Getting into a business and running it successfully is a tough nut to crack. Business people and investors have to face challenging tasks and circumstances from time to time. Not all of us are capable of dealing with such devastating challenges. Business and investing are two types of mindset. These mindsets require very different types of training, thought patterns, decision-making power, patience, and stamina level. These qualities can only be possessed by a leader. Therefore, you need to learn to lead, first. But even before this, you need to learn to follow a good leader. When you follow a leader, you start to cultivate the same qualities. Choose a leader for yourself, spend time in your company, and develop leadership qualities in yourself.
This will be your mental and emotional training. Additionally, you will also explore the ways you can start businesses and investments. One of the easiest ways to enter the luxury quadrants is to join a direct selling and network marketing business. Find out which direct selling and network marketing companies are operating in your city / state / country.
Anyway, we return to our topic: moving to the Business and Investors quadrants. One thing I must recommend:
• Don’t quit your job to start a business if you have no other source of income. Your job is giving you a steady monthly income. Keep that income coming. Also, plan to have a higher academic grade; save money for businesses and investments; And above all, start your training on how to enter a business. You can get guidance from the preceding paragraphs on how to train for business.
• Get your family and spouse involved in your business and investment plans if you think they support and encourage you. The endorsement will be a great source of emotional and psychological encouragement.
• Embrace the company of wealthy and enterprising people to learn about their personality traits, and what and how they do, which makes them stand out.
• Find more knowledge about the cash flow quadrants with the help of books and the Internet, and so on. The knowledge will give you valuable information on the subject. There are also websites that talk about the same fraternity. Based on the information itself, you will be able to make decisions and steps.
• Talk to your friends and close people to brainstorm and come up with new ideas.
• Explore the possibilities of suitable business ventures. Know the trends according to your talent and taste.
• See what resources and capital you will need to start your business. Check out the market scenario what is in and what is out.
Make a plan and stick to it strictly. Build a team of people who also want to improve their financial affairs. Together they can work wonders.
One extremely important thing is that when you start or plan a business, many obstacles arise. Business and investments are risky, but you will have to take the risk. Without a daring attitude, you cannot change your destiny. So make a decision today, gather resources to make it happen, and step into a new world of luxury. When you can pay the price, no one can stop you from buying a life of luxury.