Being able to do the work once and create perpetual residual income is truly the brass ring of wealth building. If an individual can do this they can free themselves of their time being linked to the generation of income. In the last couple of posts, I’ve been comparing and Read more…
The one essential ingredient that is the most crucial in any wealth building pursuit is time. The only way to multiple the time we have to build wealth is to use other people’s time. The grand irony is that every single one of us on the Earth gets exactly the Read more…
In another post, I talked about the 4 different types of employment. In particular, I stressed the importance of moving from being an employee to being someone who owned the mechanism to generate income, either as being self-employed, owning a business or as an investor. The point that I was Read more…
I credit Robert Kiyosaki in his seminal book ‘Rich Dad Poor Dad’ with identifying and defining the 4 basic types of employment; (1) Employee, (2) Self-Employed, (3) Business Owner and (4) Investor. It was the first time that I had actually seen someone memorialize the difference in the 4 types Read more…