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Which Cash Flow Quadrant You Are In

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A great number of people don’t have an idea of Cash Flow Quadrants. Are you one of them? If yes, no problem. Today, we are going to have a look at the same which have divided all the population of our world in different classifications. These cash flow quadrants are:

E Quadrant: You have a job and works as an employee for a company/organization

S Quadrant: You are self-employed and own your job

B Quadrant: You are a business owner and have a team to work for you

I Quadrant: You invest money in different businesses and money works for you

This gives you a very clear picture of what classification you are in and the financial status you have right now. Most of all, these four quadrants have four different mindsets and values. Many people will be surprised to know that. Let’s take a detailed look at it:

E Quadrant:

E stands for ’employee’. More than 65% of the total population around the globe comes under E quadrant. These people work for others. You have heard the elders advising you like: study whole heartedly, have good marks and grades, and you will get a handsome job. Earning a hi-profile degree like MBA, engineering etc. is considered necessary for getting a highly paid job.

Now matter how high scale of a job you have, but it would be a mere job. Whether you have a seat of executive or a clerk, you will be recruited under specific rules and regulations. Both of the executive and clerk get salary at the end of the month, and privileges along with it. Though, there is a hell of a difference between the level of a hi-class officer and a clerk, however, one thing is quite same: if you stop going office due to any reason, you won’t get salary any more.

Also, a fixed salary is enough only for meeting the monthly expenses, making savings like mutual funds, and/or purchasing stock market shares. This cash flow quadrant gives you security and a steady paycheck every month so you stay satisfied. But have you ever thought that this security is only a temporary thing? Money is coming only in case you keep on going office regularly. If you are fired, or retired, no more paychecks will be arriving. Also, you can’t continue working in old age. You must have to do something for retirement before it comes. Therefore, the job security is only for the time before retirement.

S Quadrant:

S stands for self-employed or small business. The people who work for themselves and own that work, come under this category. Like, you run a shop/store, or a website on a small level or single-handedly. This quadrant brings more satisfaction and freedom as you don’t have to work for someone else. You are your own boss. However, it is also like E quadrant. You or your staff has to work to keep the money coming. Therefore, people in this quadrant are also forced to work continually.

B Quadrant:

B stands for business. Medium or big sized business owners come in this category. Moving and staying in this quadrant needs a lot of effort, patience, time, expertise and experience, and above all, leadership qualities. If you want to move in to this quadrant, you need to possess all these qualities. Here, you are the boss and in driver’s seat. Your team and workers work for you, rather you go to work or attend the office daily. You just need to supervise the business operations and take decisions. If you are a great leader and action taker also, you can uplift your business and team to the highest level of success and achievement.

This quadrant gives you the freedom of time and money. The best advice for moving in this quadrant is that you should start with a small business and expand it gradually. You can keep on doing a job for earning a steady monthly income while give a few hours daily to your business also.

I Quadrant: The Superlative Cash Flow Quadrant

I for investor is the advanced level of owning and running a business. When you have plenty of money, you don’t need to do anything. Rather, money will do everything for you. This quadrant gives you the highest level of freedom – freedom of time and money.

After completing 10 to 12 fruitful years in business, you can become a successful investor. However, it needs great experience and knowledge of market ups and downs. Planning and joining successful business groups make moving into this quadrant easy for you.

E and S quadrants are called poor or mediocre person’s quadrants. These people can’t enjoy life as they are bound to work to earn money. These two are called active income quadrants. No work; no money, this is as simple.

Whereas in B and I quadrants, as long as you run the business and invest wisely, you don’t need to worry at all. This ‘passive income’ continues to come. If you want to be rich and to build wealth, you can do it in B and I quadrants only. But first, you will have to change your thinking patterns and have a mindset of business person and investor.

Gradually and constantly, you can move from the first and second quadrant to the third and even forth one. It is quite possible. So, don’t wait and start planning right now. When you decide to change your destiny, nothing can stop you from achieving your goal.

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Source by Rizwanaa Shaikh

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iPhone Application Development – Earn Money Through iPhone App Store

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The Internet Revolution! I’m sure you read and heard a lot about it and so I won’t list the myriad ways in which it has changed everything. Professionals capable of working independently and creatively have benefited the most from the ubiquity of the internet.

There are so many ways I which you can showcase your talent to the world (or hawk your wares): you can write a novella, self-publish it over Amazon, and if people like it, you will mint money; you can post a funny video over YouTube (or start you own ‘Channel’), and using nothing more than your skills and ingenuity, find fame and fortune; or you can use your iPhone application development skills, sell your app(s) in the Apple App Store, and buy that yacht you’d always wanted!

Over 2 billion apps are downloaded from the iPhone App Store every year, and as the sales of iPhones continues to rise and more people start using iPhone, the demand for iPhone apps will increase. iPhone apps are constantly making the news and they are one of the prime reasons for the success of iPhones. Experts predicts that 3G smartphones which offer all the facilities of internet will replace PCs and laptops, and apps are the things that make it easier for the users to use their smartphones in lieu of computers: the market for apps is huge, and it will only grow further over time.

Do you have creativity, talent and innovative ideas? There are school students out there who are making serious money developing iPhone apps and selling them using the iPhone app store. Do you think you have the app idea of the decade? You don’t necessarily have to have a scientific and technical mind to gain success at iPhone application development: all you need is an idea and the ability to transform it into reality.

The best thing is that there are a number of free tutorials and SDKs available on the Internet; you can use download them for free and learn how to develop apps for iPhone apps. You might need t invest some time to study how to develop the best apps, and then how to market them over the net, but thereafter your creative ideas will take you far.

Even if you are not good at logic and math and programming is just not for you, you can still take help from professionals and pay iPhone developers to develop an app based on your idea. If your idea is really good, you could convince them to work for royalty from the sales of the app. And if your idea is really good and you are sure that the app based on your idea is going to sell like hot cakes, its best to pay the developer upfront and have complete control over all the profits on your iPhone app!

Once the app is ready, you just need to follow the simple guidelines on the iPhone app development store and list your app on the list of available apps. But there are millions of apps on the iPhone app store, and so you will need to do things to get publicity for your apps: get a website in the name of the app, try and make someone do a piece about in a magazine, keep your fingers crossed, and wait for the world to wake up to the proof of your genius!

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Source by Vatsal M

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What Can I Use Bitcoins For?

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Practically, almost any product or service that can be bought with dollars or other currencies can also be bought with bitcoins. On the other hand, the high volatility of bitcoins is a huge risk for some people that might want to use this cryptocurrency, but they are afraid about price differences. Even so, the characteristics of bitcoins make them perfect for internet payments:

1. Fast transactions

A bitcoin transaction is processed in 10-15 minutes. In case of a bank transfer, it might take hours or even days for the money to get from one account to the other. Some might say that PayPal or other ewallets are even faster. It is true, but there are other aspects that ewallets can’t give: privacy and smaller commissions.

2. Privacy

When you send bitcoins to a partner over the internet, the transaction will be registered in a blockchain. The list of transactions is public, and it can be verified on specialized websites. Only the identification number, the sum and the time are recorded. There is no way for somebody to find out from where the bitcoins come, and where they go. This is characteristic of bitcoins attracted many people. Well, some of those are interested about it because they can buy illegal goods with those, but the majority of bitcoin users are people that want to buy legal items and services, but which don’t want to disclose their identity. Porn and gambling websites might be immoral, but they are not illegal, so people that want to subscribe for those services can safely pay in bitcoins on the websites that accept this currency, knowing that their reputation will not be affected.

3. Smaller commissions

The average commission is 0.002 BTC for a transaction. It is significantly smaller compared with the PayPal or banking commissions. Moreover, you are not even obliged to pay it. By paying a commission, you “reserve” the computational power of a pool (or at least a part of it), to process your transaction faster. You even have the possibility not to pay the commission. In this case, you might need to wait two or even three days for your transaction to be processed. If you are not in a hurry, this might be the perfect opportunity to make money transactions with zero costs.

Of course, there are also disadvantages for using bitcoins, such as the possibility to lose them. If somebody steals your bitcoins, or if you delete the wallet files, it is impossible to recover those. As long as the bitcoin is not regulated, there is no central organism for arbitrage between divergent parts. In other words, you can’t complain if you lose or you are robbed by your bitcoins, simply because there is nobody to complain to.

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Source by Stanculescu Mihai Bogdan

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Things You Should Know About Bitcoin Black

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What is Bitcoin Black?

Bitcoin Black is basically the cryptocurrency of the people, by the people for the people. It will be adopted for use as a peer 2 peer payment system which gives the power back to the people.

If we talk about Bitcoin, Bitcoin has failed at this, real value comes from real use of the ecosystem and empowering people. Bitcoin transactions are slow and expensive, and it can be said that Bitcoin is somewhat centralized. Bitcoin takes power of people because it is heavily manipulated and through cycles that discourage participants from cryptocurrency in general.

People buy bitcoin to get rich, not to be involved in the ecosystem. The one percent elite takes advantage of bitcoin and creates discouragement, strategically increasing the price and attracting entry for the dream of wealth and dumping coins for their benefit. In fear of adoption. Bitcoin is completely controlled, pumped and manipulated at will, for many different reasons.

Bitcoin Black is focusing on solving these problems as the coin is a cryptocurrency with a fair distribution Airdropped to 1 Million wallets prior to IEO which all funds will go to community groups voted by the community to move the project forward with focus on fair distribution, mass adoption, usability, education, ease of access, simplicity and community.

The goal is to make it a real decentralized autonomous network giving back power to the people. He does not belong to a group, but belongs to many branches of the community.

Distribution of Coins

Bitcoin Black is aim to have airdrop to at least 1 million wallets initially with not more than 0.5% of supply owned by 1 founding member making it truly decentralized cryptocurrency.

The project have a pre-sale of 2.5% of total supply which is almost 900 Million coins.

If we take a take a look at the IEO, 7.2 billion IEO coins will be allocated to several community foundations that will help the community move the project forward in the future.

Counterpart funds for manipulation (around 5%). Part used for the stability control fund to eliminate the possibility of early manipulation at low volume and maintain currency stability.

Finally, the rewards for introducing the application will be 14.4 billion coins.

Introduction of 30 million members with an increase in the rate of new users. A method of bringing the coin into every schoolyard / university / workplace and community.

Total Supply

A maximum supply is 36 billion coins.

Rewards

3.6 billion coins to be claimed by members who help share Airdrop.

Simple social sharing platform in one click. Share a social message that provides an introduction to encrypted video and the app download link that will allow your friends to download it. Currently the platform is active and functioning well.

Innovation

The best innovation is the Fee free transactions. You can send bitcoin black to anyone free of charge. The transactions are Instant and you can send money as easily as sending an message.

The wallets are easily accessible and very simple to use.

Conclusion

Bitcoin black have a fair mass distributed currency with supply spread widely that it will create less volatility by synchronized pumps and dumps and lead to a more stable price. Bitcoin black is going to be the next bitcoin. You can register for the airdrop by clicking here. I wish someone back in 2008 would have included me on the Bitcoin airdrop. Bitcoin Black will be life changing and we want to tell this to as many as possible.

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Source by Mark West

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