The Cost Of Choosing Security Over Freedom
This book Rich Dad, Poor Dad written by Robert T. Kiyosaki has been on my shelf for a number of years. I decided to do a quick review and thought you might enjoy some of these important points.
As the name implies, the Cashflow Quadrant provides four ways to build wealth:
The first two, Employee and Self-employed, are on the “poor side” of the Cashflow Quadrant. For the most part, that’s because each involves trading your time and effort for money.
The second two, Business Owner and Investor, are on the “rich side” of the Quadrant. That’s because each enables you to leverage people and money to increase your wealth, even while you’re busy doing other things.
If you’re serious about moving from the poor side of the Cashflow Quadrant to the rich side, you’ll have to take some risks. If you don’t, you’ll never get rich.
The Cashflow Quadrant was a huge shift for me. I strongly recommend reading this book. His experience may give you a new mindset, a willingness to accept more risk, and how to step out of your comfort zone.
And once you do, you’ll wonder why you never did it before. Give it a try and see what happens.
We along with our esteemed advisory partners – a team of experts compiled from well renowned industry including the International Franchise Association, the most well-known SBA and PEO’s in the country – have compiled a comprehensive list of resources to help you on your journey in franchising.
As mentors and advisors, we are always here to lend a helping hand. To ensure that you have access to the resources you need, here is a list of industry organizations and resources that can help you on your franchising journey.
This list contains links to professional services, reading materials, and other resources to point you in the right direction. Take advantage of these resources and use them to help make the most of your franchise business.
• IFA Franchise Resource Center: International Franchise Association’s library of articles, whitepapers, and other resources conducted by IFA’s research team.
• The Small Business Administration: Information about becoming a franchisee and a franchise loan program as well as mentoring and outreach services.
• Entrepreneur Magazine: Franchisees have access to business advice, helpful tips, and other resources specialized for franchise businesses.
• Small Business Development Centers: A nationwide network of business advisors helping small businesses create jobs and strengthen local economy.
• Franchise Times Magazine: The leading source for franchise news and advice for the industry.