Hey people, it is week 10 only two more weeks to go after this weekend. Huge Well done, you are doing so, so well. So this week again is an important week. And it's kind of a little bit of I've saved the best until last because you know we needed to work on you your thoughts, feelings, what was going on for you, and then really start getting down to the nitty gritty detail. And this very much is nitty gritty detail. So this week, we are going to be talking about what is my income right now and where it is coming from.

And I'm going to be introducing you to something that you may have come across before, may never have come across before and if you have it may be that you didn't actually sit down and apply it and think about you. So let's get going. So get your workbook. And the first task for you to do is look back at your previous exercise that you did in in last month's act workbook, which was actually detailing down what your income is right now. So what we're going to do this week is we're going to look at what is the income right now that you are earning. And what we're going to then do is we're going to start looking at where does this income actually come from?

Take a moment write down what the income is right now. And then we are going to move on to the next slide, which is just a second. This one here, which is all about a system called the cashflow quadrant. Now, the cashflow quadrant was created by a guy called Robert Kiyosaki. And if you haven't come across Robert Kiyosaki, then I highly recommend that you look him up because he's a pretty clever guy. And simply He has created a multi billion dollar industry.

I have what I am going to talk to you about right now. He's got an amazing set of books. And one of the books that I would highly recommend you read is called the cashflow quadrant. There's two books in this I really encourage you to read both of them because both of them are really, really critical. So let me take a few minutes here just to go through what the cashflow quadrant is and what it tells you. So simply the cashflow quadrant is the four different types of people that earn money and where their income comes from.

So, you will see on your screen in front of you letters e, s, b and I. So let me take a few minutes to explain to you what all of these different things mean. So what is a is employees employees means that you work for somebody and you have a job. So basically, you want that security, you want that safety, and are going to say you want that security and safety in the world that we live in today. Personally, I don't think anything is secure and safe when it comes to being an employee. Because we've seen some huge companies over the last few years, fall foul of, you know, poor management and not being run correctly, and have disappeared off the face of the planet, but basically been an employee means that you don't have to think about it, you turn up at work every single day.

And basically, you work somebody else's business and you create money and income for them. So that is the E quadrant. What happens is that, you know, 90% of people live within the E quadrant. 90% of people are employees because they want that so called safety and security. Some people decide to break outside of the box, and they move down into what we call the S quadrant, which is where you own a job. So the S quadrant is all about the self employed people.

It's all about these solopreneurs. It's all about the people that work on their own and very much the same as the employees, they exchange their time for money. So they kind of think that, you know, they can do better than than the employees and they actually run the system that they own themselves. The downside to this quadrant ultimately is that these people, again, are exchanging time for money. And when you're in a position of exchanging time for In this only you in the business, if an accident happens or something goes wrong, then ultimately it can mean that your income stops. And that can be a really, really difficult situation to be in.

So we then move over to the right side of the quadrant. And this for me is where it starts to get really quite exciting. So the top side of this quadrant and this side of the quadrant, people accounts again, for 5% of people, there's 5% of people that own their job that are in the s quadrant, but within the B and the AI is then the final 5% of people. So when you are in a B quadrant, you are a business owner, so you own the system and people work for you. Now, what's really clever about these people is very much what they do is they create the idea and then they use the genius of other people to actually implement that and get it to make money. The money personal trainer sits within the B quadrant because whether I work on There is a residual income coming in to this business by way of the membership.

And that is what the B quadrant is his most his most prolific at and the whole right side of the quadrant is all about actually not exchanging your time for money and getting your systems to work for you. So you can be asleep in bed and you can still have money credited into your bank account, and know that you've got that system ongoing. So when we think about the companies and big businesses, we think about things such as companies like Microsoft, you know, the bill gates of the world, we think about the Facebook Corporation, we think about things like franchises, things like McDonald's, subway, and network marketing companies also fall into this quadrant, which is where it may not be your system, but it might be somebody else's system that you've paid to be part of. And again, you get to benefit from that lovely thing called residual income.

The final part of this quadrant is the I quadrant, which is the investment quadrant and in one way, is one of the most exciting ones because this is where money works for you. So in the modern world that we live in today, this could be things like cryptocurrency, it could be alternative trading, and it could be property. There are all sorts of ways nowadays that we can get our money to work for us investing money, when we've got a lump sum can actually produce an income or we can put it there for growth. But ultimately, this is where it gets super exciting, and we get our money working for us. So that's a really an overview of the four different quadrants and where your money comes from. So what I want you to do is I want to think about which of those quadrants Do you occupy.

Ultimately, what we really want to be doing is we want to be occupying more than one. Ideally, we want to be occupying two or three and the two or three that we really want to be in is the BB and the army. And why do I say that because when you own a big business, ultimately you are an employee of your own business. And I kind of always joke that, you know, I was a really terrible employee for other people. But I'm a really great employee when it's got my name above the door. So working for my own company is what really ticks my boxes and what really makes me energized and roll.

So take some time now to look out where is your income actually coming from? What we're going to do in the next video is we're going to be looking at different ways that you can start thinking about, you know what income you would like to create. If you're not occupying some of these other quadrants. It may be at the moment that you're sitting in the E quadrant, and you really want to break into some of the other ones, but you haven't actually yet taken steps towards that. We do have a master class within the members club at the money personal trainer, which talks to you all about how you can create other incomes and starts to get you thinking and taking out on what you can do to do this, right now, we want you to simply go through the exercise of saying, Where does my income come from right now.

And like I say, I really encourage you to go and read Robert Kiyosaki books because he is an absolute genius. And like I say, has created a multi billion dollar industry out of this very simple system. And I've just showing you where your money is coming from. Now, what I said earlier, as I said that, you know, it may be that you already are aware of this, and that, you know, this this quadrant, but what you've never actually done is looked down and looked at where your incomes come from. This is a really critical step again, guys, because this is going to help you to really start owning and recognizing what's going on for you, and working out how you uplevel it and how you really start to change your income and how it flows into you and how it plays a huge part in your life.

So go and do the work. Enjoy, and we'll catch you in the next video. We'll be talking more about what do you want that income to be and where can it come from. I'll catch you in the next video.