Stop Limiting Money By Time

If you want to create wealth and abundance, learn to separate money and time.

Do you believe that time is money?

What difference is there between an employee who is paid by the hour and the employee working for a salary? The only difference is the unit of time.

Whether you are paid by the hour, biweekly, or the year, the amount you get paid depends on the amount of time you work.

The truth is, time is not equal to money. Time is far more valuable than money because time comes to us with an inflexible limit.

It doesn't matter where you live or who you are. It doesn't matter what you can do. You have 24 hours each day, just as everyone else has 24 hours each day. It doesn't matter how much you earn per hour. It doesn't matter how high your salary is. It doesn't matter if you lose your job, or get a raise. However your income is measured by time, you have only 24 hours each day, 365 days each year.

In the Cash Flow Quadrant, Robert Kiyosaki explains the mindset difference between employees and entrepreneurs. I was intrigued by the difference.

According to The Cash Flow Quadrant, people are employees, self-employed, business owners, or investors.

Kiyosaki groups employees and the self-employed on one side the quadrant and business owners and investors on the other side. What kind of mindset shift is necessary for employees and the self-employed to move from the left side to the right side of the quadrant?

The big question is: How do people start to think the way entrepreneurs think?

The primary mindset difference between the left side and the right side of the Cash Flow Quadrant is to take time out of the money equation. As long as you trade time for money, whether you are working as an employee, or working in your own business, you have not made the fundamental mindset shift of an entrepreneur.

When you earn money based on the amount of time you work, you limit the amount of money you can earn. Employees and self-employed people trade time for money, and so time always limits the amount of money they can earn.

As a result, no matter how much you get paid per unit of time, your income will always be limited by time.

The point is: If you want to take the limits off the amount of money you can earn, take time out of the money equation.

Article Source: http://www.a1-optimization.com/articles

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