So, you’re still trying to figure out the four ways you can go out and make money. In this video, I’m going to talk to you about the four ways Robert Kiyosaki has taught me about how you can go out and make money. Everybody, this is Billy Keels with KeePon Cashflow, and I’m back once again to continue to share tips and strategies that will help you make more money. They’re going to help you have more control of your free time and ultimately live with less stress. If it’s your first time on our channel, why don’t you go ahead and subscribe. You’re going to want to make sure you stick around to the very end because you’re going to have a chance to check out any of the links as well as the comments listed here in the video.

As for today, I wanted to come back to this topic that I talk about all the time. I get questions like how do you go out and actually make money? Everybody is at different points of their life and their career. There is nothing better than I’ve found to really help understand and educate on the different ways you can go out and make money. Some would say to go out and make money in a capitalistic society, but the one way I’ve learned is by playing my favorite game of all time, which is Cashflow 101. In Cashflow 101, it breaks it down into a very simple of understanding how anyone can go out and make money, and whether you want to do that actively or passively. Robert Kiyosaki does an excellent job, in my opinion, of explaining the four ways to do this easily.

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By the way, if you’re in Barcelona and you haven’t been to one of the Cashflow 101 games that I host, you definitely need to do that. Click here to find out the next time we’re playing. Let’s get back to talking about the four different ways you can go out and make money. I’ll break them down in a very simple, easy way, just like I’ve seen from Robert Kiyosaki. First of all, he talks about the E, which stands for the employee.  With an employee, we basically see someone who is probably like more than 90% of the population in the world that’s working, someone who is ultimately working and trading time for dollars.

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Or for some type of currency. But you’re basically trading time for it. You’re getting some type of compensation. If you’re not working, you’re not getting compensated. If you’re somebody who’s like me in the multinational market, which most of you are in big multinationals, if you don’t go to work, you don’t get a paycheck. Whether you’re working in a multinational or you’re working at a local store, you need to be getting of bed and going someplace, either virtually or physically to be able to receive compensation. That’s the first way you can go out and make money as an employee. The second way you can go out and make money is as a sole proprietor.  This means you have a small business.

Depending on where you live in the world, it’s usually someone who has highly specialized skills, but it’s usually one person. Imagine a highly paid consultant. Imagine a doctor or a lawyer. Those professions actually earn a lot more money per hour. But if they don’t work, like if a consultant is not working or if they’re not at a customer’s site, they’re not making any money. If a doctor’s not with patients, they’re not making any money. And if a lawyer doesn’t have clients that they’re defending, guess what? They’re not making any money either. So they’re making a lot more per hour or per visit or per whatever their metric is. But if they’re not working there with someone, they’re not making any money.

And if you look on the other side of the quadrant, you have two different ways to make money. The first is the business owner, someone who actually goes out and controls a system. If you can think of any kind of franchise in the world, the person who owns the franchise is probably not the person who’s working behind the desk asking “Do you want fries with that or would you like a sundae with that?” Or would you like a whatever the case may be. Because the business owner is someone who manages or owns that system. Whether or not that person is physically on the property or at the store or wherever their business is, even if it’s online,  that process is still working and still functioning.

That person is actually owning the entire system. So that’s another way to do it, right? Your payment is more tied to a result. It’s not tied to whether or not you’re there or you’re working. Because many business owners are not physically in the place of the business they own. However, their businesses still works. We can think of someone like Steve Jobs. He wasn’t there. I think of big high-tech companies. Michael Dell, he’s probably not actually physically shipping the computers that go out the door or the storage systems or any of that kind of stuff. He owns the entire system, right? And lastly is the investor. This is the fourth way you can make money.

Probably the most famous investor we know of in our time is Warren Buffet. And what does Warren Buffet do that’s super simple, super easy, and extremely profitable? He goes out and he uses his money to bring back a lot more money. That’s the simplicity of what an investor does. In its simplest, easiest form, an investor uses their money to go out and bring back more money. Now they spend a lot of time building up there knowledge base, the way that they understand money and the opportunities and things like that, but in its most simple form, an investor uses money or capital to go out and bring back more capital.   And so the investor doesn’t have to be in the place in which they’re investing for their money to be working more.

Warren Buffet is using his money and the ownership he has in different companies, his intellectual capital, to go out and create financial returns as well. It’s a simple way to do things. Can you imagine if you’re a business owner who was also investing? It’s amazing because you are making your money work and you’re controlling a system and you’re not tied to a specific place. So, in the very same way that you may own a real estate company or you may be an investor in real estate, you can combine this in lots of different ways. So, I wanted to share these four simple things with you.

Once again, just a quick recap. You can be an employee trading time for dollars. You can be a sole proprietor, which is a bigger compensation for time, or time for dollars, as I like to call it. You can be a business owner, someone who owns and controls a system, or you can be an investor, someone who actually makes their money, goes out and brings back more money.

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