Categories of people that exists in Monetary Terms - Find Yours
Hello friends, hope you all doing well. Today I will describe about four categories of people that exist in terms of money. We are all earning money in some way or the other and we all have same 24 hours to utilize but it is necessary to know about the category in which we exists or in which we want to be in. So here are the four categories explained below:
1. Employee –
- These are job class persons generally.
- They are working for specific hours like 9 AM to 5 PM and they have fixed amount of income.
- If an employee do not work 10-20 days, then salary may get deducted. In simple words, if an employee do not work continuously then he/she cannot earn money.
- An employee does not get much opportunity for the exponential growth in terms of money.
2. Self-Employee –
- These are the persons who creates job for themselves such as Advocate, doctor or any actor/artist, freelancer, trainer etc.
- They are not bounded for a specific time.
- More hours they work more money they can generate.
- Same limitation is applicable for this as well which is, if they stop doing work, they cannot earn money.
3. Investor –
- These are generally who invests money in various sectors. They work for money in such a way that actually money works for them.
- Advantage is even if they stop giving their efforts equivalent to Employee and Self-Employee class, still they can earn huge money just by their investments
4. Businessman -
- This category is the richest one among all four categories.
- They work in such a way that actually a human network is working for them.
- This is the category which generates the highest amount of money. Reason lies within Human Network.
Let me explain this, it is known as Power of Network. We all have 24 hours in a day but a businessman may have 2400 hours in a day considering the human network of 300 Persons working 8 hours each. Even if they go for long vacation, still the revenues and profits get generated as usual.
Now the thing that matters is :
95% of the people exist in Employee and Self-Employee Class whereas 5% of the people exists in Investors and Business Class. On the other hand, these 95% people have 5% of the total money whereas 5% people have 95% of the total money.
You may have realized that in which category you currently exist and what actions we are taking today to move into the desirable category out of four.
Reference: Businessschool, written by Robert. T. Kiyosaki
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