save yourself from the rat race
TRANSCRIPT
Save Yourself from The RAT RACE
“Life is a race without a finish, before you can win
you will diminish. The rat race goes on, and
on, and on, competitors die midst the con. “
Where would you like to see yourself 30 years down the line?
1. Lack Of FINANCIAL PLANNING
2. Value of small happiness in life.
RAT RACE
How to Escape from theRat Race?
Four Quadrant Diagram
S (You own a job)
B (You own a business and people
work for you)
E
( You work for a job)
I ( Money works for you)
E= Employee, S= Self Employed, B= Business man, I= Investor
In which Quadrant would you like to see yourself in?
E
( You work for a job)Employee
Work for a company or a system for a pay.
No control of the system.
Do the task assigned and take home a pay check at the end of the month
Major portion spend paying taxes.
ADVANTAGE :
Job Safety Customized System Benefits like PF, health cards etc.
DISADVANTAGE : No control of system You work during specified timings confined by your employer. More you work may not necessarily translate into better pay check for you.
S (You own a job) Self Employed
ADVANTAGE : DISADVANTAGE :
Dangerous than E quadrant.
Decide to start business – don’t delegate work.
Don’t rely on others.
No weekends , no monthly offs Moment you stop working , income reduces
You can plan your work timings accordingly You are responsible for your ownwork.
B (You own a business and people
work for you)
Business man
ADVANTAGE : DISADVANTAGE :
Business owners – have people working for them.
Business owners, generate ideas. Employees, implement them.
Earn income for work done by employees System earns money for you , income not proportional to work done. Tax benefit
Risk Factor
I ( Money works for you) Investor
Shell out money to fuel ideas , make big profits out of the investments.
Make money work for them.
ADVANTAGE : DISADVANTAGE : Enjoy life using other people’s ideas Seldom work Money works for you , multiplies Maximum tax benefits
Minimal disadvantage Risk factor while investing money
S (You own a job)
B (You own a business and people
work for you)
E
( You work for a job)
I ( Money works for you)
In which Quadrant would like you to be in?
Investor Quadrant
E S B IQuadrant Business Sequence
B (You own a business and people
work for you)
Save Yourself from Rat Race
Is it easy to start a business?
Myth that prevents people from starting a business
Money Investment
Self- doubt /Lack of Confidence
Wish you all the best &
Success in future !
