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The key difference between an S (Self-Employed) and a B (Business Owner) in the Cashflow Quadrant is that a successful B can leave the business for a year and find it's still running profitably. The B owns or controls a system that makes money, while an S is the system itself and the business heavily relies on them.
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The big difference between an S and a B is that a successful B can leave the business for a year and find it's still running profitably. The B owns or controls a system that makes money. For example, many people believe they can make a better burger than McDonald's. But McDonald's is not just about the burger, it's about the system that makes and serves the burger. Bill Gates didn't build a great product, he bought someone else's product and built a powerful global system around it.
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Discover a new approach to wealth management and start with small steps that can eventually lead to substantial assets. Robert Kiyosaki, author of the...
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