From “The Business of the 21st Century” by Robert Kiyosaki,
The time has changed. From industrial age, we have entered into information age. Pension, retirement security and job security are the talks of yesterday. You can take charge of your future only when you take control of your income source. You need your own business.
As Cashflow Quadrant suggests that 80% of the world is living on the left side (Employee and Small businesses), while less than 20% live on the right (RIGHT) side ie Businesses and Investors. Even owning a small business will mean that you are just an employee- where your boss is you. In S, you make money for yourself. While in B, your Business makes money for you. B surely gives the opportunity for wealth-building, but I is what gives you financial freedom.
The path to reach to financial freedom is in building assets. Asset is something which brings you money. When you are in B quadrant, you are building an asset in the form of business. The money keeps coming in even when you are sleeping or doing nothing.
And when we think about the financial freedom, the most efficient way to accomplish this is in the business model that has existed since the fifties of last century. That business model is what Buffett and Branson have used to become billionaires. That business model is: Network Marketing. Network marketing is not just a business model, it’s a way of living. it brings changes in all the components of life.
The value of the network grows geometrically. It is proportional to the square of the number of users. You become richer by helping others become rich in the process. Network marketing is an attitude that one has to build, and it takes time to become rich. Having high dreams with proper planning and structure will help going miles ahead on the path of becoming rich.
As Kulin Desai says in his speech,
You have to think about how much money you make per hour. And since you have only 24 hours per day with you, you have to hire people to work for you. That way, your overall income per hour can increase. Having a business that’s fully dependent on yourself will do more harms than good. As any person would like to keep their families safe and secure (Just like the way we choose Mercedes or BMW for their safety attributes), one needs to build a model which keeps creating money even when you aren’t there actively working.
And private franchise is one way of going ahead with it. That way, it’s not only you, but n number of people are working together to grow the brand name together. Through the concept of network marketing, the benefits of the model will keep increasing exponentially with the more the users are added.
-Arjuna@War (Parth Shah)