A Network Marketers guide to the Cashflow Quadrant
Network marketing, also known as multi-level marketing (MLM), is a business model that leverages the principles of the Cashflow Quadrant, as popularized by Robert Kiyosaki in his book "Rich Dad Poor Dad." The Cashflow Quadrant categorizes individuals into four groups based on the source of their income: employees (E), self-employed (S), business owners (B), and investors (I). 1. Employees (E): Employees are people who work for others and earn a fixed income in exchange for their time and skills. They typically have limited control over their income and rely on their jobs for financial security. 2. Self-employed (S): Self-employed individuals are those who own a small business or work as freelancers. They have more control over their income than employees but often need to put in significant effort to maintain their businesses. Their income is still directly tied to the hours they work or the services they provide. 3. Business owners (B): Business owners are individuals who ha...