ESBI
ESBI is an idea from a successful real estate investor, Robert Kiyosaki in his book "Rich Dad Poor Dad". Essentially every one of us can be categorized into one of the four quadrants:
"Active Income"
The following are "Active Income", meaning that you are trading your time for money.
E - Employee. This the most common way of making money. You essentially trade time for money. If you don't show up for work, are injured, or fired then you don't make any money. Your cash flow stops.
S - Self-Employed. You own a business that you run yourself. You still need to be there in order for the business to function. Basically you're still an employee to yourself.
"Passive Income"
The following are ways to make money where you do not need to be present in order to continue to produce.
B - Business system. This is a business that has a system in place that you will continue to make money even if you are not there. Think Sam Walton & Wal-Mart. His children are still enjoying the fruits of the business system that he set up.
I - Investor. This is where you already have money, and you make that money work for you. It would generally take a lot of money in order to make a living off of this quadrant.
So I guess my question to you is what side of the quadrant would you like to be on? Personally I'd like to be able to make money while not actively trading time for dollars. On the Passive side you're best off going with the Business system unless you have a few million lying around somewhere.
We have set up a Business system that you can use in order to develop a passive income, and with the power of duplication and systems we have in place it can grow exponentially at no cost to you.
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