Why it is important to develop a parallel source of
wealth ? .
I was reading a book “Copy cat
marketing 101” by Burke Hedge
Some of the key learning’s are :
Ø
95 % wealth is
managed by 5% people
Ø
95% population time
is spent on earning – there is limited time for enjoyment
Ø
Meaning of financial freedom
Ø
Leverage time & money
Ø
Move from Linear to
exponential growth
Ø
Opportunity to move
from Limited to unlimited creation of time and money ........etc..
Another book I read “ Cash Flow Quadrant – by Robert T Kiyosaki
” – A wonderful book which explain these concepts very clearly “ how one
can switch over from Dependent systems to Independent systems of Income and
wealth creation. Basic four quadrant are filled with
I – Employees – who worked in a system and trade his time
for money
II – Self employed – who worked on his own time for money
In both I & II systems money
or income depends on time of individuals
III – A system which generate income , it does not depend
upon one individual efforts
IV – A successful system which generate income and gives
opportunity for others to generate income.
In both III & IV systems
money or income not depends on time of individuals , thus there is money and
time both available one who chooses system III & IV .
Now with the Internet , communication, Network revolutions, Globalisation
& Liberalisation of policies and
procedure by the Governments worldwide , lots of opportunities available one to
learn and earn.
I became aware of such opportunities through friends and
internet before retirement and started planning for systematic retirement and
succeeded. Still working for a better system to create a legacy for next generation
and social development.
I suggest my viewers,
family and friends to examine and at least read above two books. Lots of other
books , training , videos on you tube and other website easily available to get
the knowledge and initiate for freedom as early as possible – There is a saying
“ time is
money”, therefore, leverage time , money will automatically get
leveraged.
I have taken a website of a successful multinational company
which provide ample opportunity of similar nature. One may examine and if
interested may also free register and learn the system and develop as per one’s
need and desire: link is “ https://satishudaiwal.flp.com”
self explanatory and easy to follow.
Prepared and compiled by: S.K.Udaiwal