Cashflow101 L E A R N I N G P R I N C I P L E S

536 views

Published on

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
536
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
27
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Cashflow101 L E A R N I N G P R I N C I P L E S

  1. 1. LEARNING PRINCIPLES
  2. 2. Money Is Just An Idea It’s What You Think It Is, It’s What You Wanted It To Be. How You Play The Game Reflex Your Idea About Money
  3. 3. Understanding What Is Assets and Liability To Determine Whether It’s an ASSET or LIABILITY is The Word ASSET= Cash Flows IN LIABILITY= Cash Flows OUT CASHFLOW
  4. 4. In Regards If You Work or Not ASSET Puts Money In Your Pocket Liability Takes Money Out of Your Pocket In Regards If You Work or Not ASSET will Feed You Liability will Eat You
  5. 5. Minding Your Own Business Is There A Difference Between Your Profession and Your Business? Profession= Minding Other People’s Business Business= Minding Your Own Business Work for Money Money Works for You
  6. 6. Why is it Important to Mind Your Own Business? Builds Your ASSETS ASSETS Can Get You Out of The RAT RACE
  7. 7. OPM (other peoples money) GOOD DEBT buys Assets BAD DEBT buys Liability GOOD DEBT makes you RICH BAD DEBT makes you POOR
  8. 8. Understanding The Difference Between RISK and RISKY “There is Risk in Everything, but It doesn’t have to be RISKY”
  9. 9. Are You A Risk Taker or A Risk Averse? Risk Taker = Ideas are Bigger Than The Person
  10. 10. Risk Averse 1. Their Idea is Smaller 2. Fear of What Others Might Think 3. Fear of Making Mistakes / Failure
  11. 11. SELLING “The Ability to Communicate Your Ideas to Other People” Rank as The #1 Skill In the World of Business “Your Wealth is The Reflection of Your Selling Skill”

×