Hello steemians, today am going to illustrate the Rich fellow Poor fellow concept using the cashflow Quadrant that is based entirely on the Method people Generally acquire Money, the Rich fellow Poor fellow concept is purely a Motivating concept i devised to help assist people of all work of life realise how Money can be made and why they are still Broke or maybe even Poor despite Working for years and hours unending.
As a Marketer for years now, i have come to realise that its not the amount of hours or effort or input you put into the job that counts but the strategy you use to achieve your aims.
the cashflow quadrant will be discussed under
1- Self Employed
2- Employee
3- Business Builder
4- Investor
Self Employed a Poor fellow is one who owns a business alone, he operates, supervised and manages the business alone, these concept of been self Employed gives you the Money you require to meet certain needs provided your Income supercedes your Expenditure but that is not usually the case with Self Employment.
Expenditure such as Rent, Utility bills like Power, Water, Tax,Price of commodity, etc are usually above income earned been Self employed thus leading to deficit or borrowing as the case may be. The solution here lies with the concept of the rich fellow who introduces the TEAM strategy into his business were Together Everybody Achieves More. he invovles a Group of several People to ensure Income always supercedes Expenditure.