WHY do some people work less, earn more, pay less in taxes, and feel more financially secure than others ? It is simply a matter of knowing which quadrant to work from. Then it's time to get out of the Rat Race.
Poor and middle class people work on the left hand side as an "E" ( employee ) or an "S" ( self-employed ). All of these people sell their time for money. Because we only have fixed allotment of time our income is also limited.
Rich people live on the right hand side of the quadrant. "B" is for business and refers to business owners who leverage their time by utilizing the resources around them including having employees.
The different between the "B" and the "S" is that the self-employed person puts more energy into running things themselves and taking care of the operations part of the business. A "B" quadrant person sets up systems and hires people to run his businesses. This frees them up to build more assets.
Part of rethinking wealth is looking at life in a different way. If you think opening your own business is the way to freedom, you are right - as long as you run it the right way. It all goes back to the old adage "Work smart, not hard".
Would you like to learn how to work smart instead of hard ? Get the "Secrets of Self-Made Millionaires" Here, It might change your life.
To Your Success
Wingcent Ning
Success-Biz Marketing
wingcent@gmail.com
http://mysignaturebusiness.blogspot.com
Singapore
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