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Our five-part blog series discusses the 5 key principles of wealth creation. In the first installment of this 5-part series we reviewed the wealth priniciple of timing. This is the 2nd part of the series and the principle of wealth is how to create cash flow in a home based business as part of your strategy. Robert Kiyosaki, author “Rich Dad, Poor Dad” and “Cashflow Quadrant” shows you how to generate cash flow like a big business does as a home based business.
In this video, Rich Dad, Poor Dad author, Robert Kiyosaki, explains the only 4 ways to legally make money and helps you figure out which is the only way to generate wealth.
Kiyosaki explains the way to generate cash flow boils down to 4 different types of mindsets:
“Even during downtime, a true entrepreneur is always working and looking for new ways to develop and build their business. The difference between the difference between success and failure is that the person who succeeds chooses to do the person who failed chose not to do.” –JR Ridinger, CEO and Founder Market America|Shop.com
It takes money to make money. We all know this, yet most of us don’t know how to make money. Cash flow is defined as money being transferred into and out of a business. For a business to thrive, it has to have more money coming in than going out.
Cash flow is necessary to buy the supplies, goods and services, which includes training for you not only grow your business, but to sustain operations. It is also important to generate cash flow in your home business to afford the lifestyle of your dreams.
Every month, you must spend money on your home in order for your family to live. Purchases include items like food, coffee, toilet paper, beauty products, and pet products. If you treat your everyday purchases as you would your business, you in fact can create a business out of it.
This short video (1:51 minutes) reveals the 5 simple actions you can take to start a home-based business of your everyday purchases.
In the first blog post of this series on the wealth creating principle of timing, we showed you how the time is NOW to take advantage of trends to build an online business from home. This infographic reveals that the average family spends $1,385 per month excluding housing. These are purchases that can be used to fund your business and all of the benefits of owning a home business.
Now that we have showed you the principles of timing and how to generate cash flow in a home based business, the next principle of wealth creation will be Tax Advantages.
Motives is a great way discover how to generate cash flow in a home based business and create wealth. If I could show you a way to use the principles of wealth creation to build a cosmetics business and create wealth for you and your family, would you be interested?
Motives Cosmetics is an excellent way to share your passion for cosmetics and skin care while building a six figure income at the same time. If you are willing and able to teach and help others, work independently as well as part of a team, and want to be your own boss, then Motives may just be what you are looking for.
I am always seeking to help women who are interested in working from home to generate a potential six figure income without sacrificing time with their kids, their professionalism or integrity. Motives is an industry recognized brand and in good standing with the Better Business Bureau. Read here for the Motives Cosmetics Beauty Advisor Job Description.
About Tamira Hamilton Certified Motives Beauty Advisor, Tamira Hamilton, has over 20 years of sales, marketing and coaching experience. She earned her Master of Business Administration (MBA) from Cardinal Stritch University with an emphasis on Marketing and Finance. Tamira specializes in helping others find their inner strength and leveraging it with a proven and duplicatable system to make money online using Blogs, Social Media and influence. Tamira is a servant leader and well respected in the industry. To learn more about becoming a Motives Beauty Advisor, please email firstname.lastname@example.org or visit iamahautecommodity.com.