Employability
Someone who trades time and/or skills for money.
Employee
Something that "makes" you money.
Assets
What are the three (3) main types of Income?
Active, Residual, & Passive Income
SEL
Social & Emotional Learning
These two (2) groups combined make up roughly 90% of the population and earn roughly 10% of all income.
E's & S's (i.e. Employees & Self-Employed, Sole Proprietors, Small Businesses, and Specialists)
A person or organization that trades money for your time and/or skills.
Employer
Something that "Costs" you monty.
Liabilities
DAILY DOUBLE!
Income received from actively participating in a job or business venture (e.g. if you work 40 hours, you get paid for 40 hours... and then you have to work another 40 hours to get paid for another 40 hours).
Active Income
CLD
Character & Leadership Development
These two (2) groups combined make up roughly 10% of the population and earn roughly 90% of all income.
B's & I's (i.e. BIG Businesses & Investors)
DAILY DOUBLE!
Someone who "OWNS" a job.
Self-Employed, Sole Proprietor, Small Business, and/or Specialist
These people often buy "STUFF" with their money and not much else.
The Poor
Something that pays you long after the initial work is completed (e.g. Writing and selling a book or building an organization of affiliates).
Passive Income
CCCR
College, Career, & Community Readiness
DAILY DOUBLE!
These two (2) groups combined most often value SAFETY & BENEFITS.
E's & S's (i.e. Employees & Self-Employed, Sole Proprietors, Small Businesses, and Specialists)
Someone who "LEVERAGES" people AND systems.
BIG Business Owner
These people often buy "LIABILITIES" on Credit.
The Middle Class
Something that pays you consistently (e.g. Monthly or yearly subscription).
Residual Income
EEST
Employment & Entrepreneurship Skills Training
These two (2) groups combined most often value FREEDOM & CONTROL.
B's & I's (i.e. BIG Businesses & Investors)
Someone who "LEVERAGES" people, systems, AND money.
Investor
These people often buy "ASSETS" and keep reinvesting their earnings into more and more "ASSETS".
The Wealthy
DAILY TRIPLE!
A marketing arrangement whereby you earn money for traffic or sales generated by your referrals.
Affiliate Marketing
IRS
Internal Revenue Service
DAILY TRIPLE!
Who created the Ca$hflow Quadrant?
Robert Kiyosaki