WORK!!!! These are the words that are on everyone’s mind.
For some people who don’t inherit from our parents… work is a way to earn money to meet our needs and stay alive
By becoming workers, we dedicate our time to our business owner / business owner / boss… we give our capabilities so that it can benefit our boss’s business. The term is usually take n give
The law that applies to workers is that if we work, we get paid. If we don’t work because of something like illness, our wages will be reduced or we won’t receive any wages at all. If it’s shortened work = money
While the law that applies to business owners is employee time + boss time = money. for business owners who already have a system, they don’t need to monitor employees every minute every second because employees will work according to standard rules, of course the owner can still monitor the company’s activities at any time wherever he is. This means that the owner’s income is passive income, which will continue to be received even if the owner is not working or even when he is sick.
Another good news for business owners is the availability of more time for themselves because they are not tied to employee office hours, they can vacation with their family at any time whether it’s a big day or a weekday.
Not all businesses can be said to be passive income, for example: shop owners, even though they have a shop business, the applicable law remains the same as employees, namely work = money, because the owner must continue to keep his shop operating, this is due to the absence of a system mechanism.
When can a business be called passive income?? the indicator is whether the business can be left by the owner for a month and the business continues to operate normally and produce or the business stops operating because there is no owner running or supervising it. will become passive income if there are employees who are trusted and can replace the owner’s function to supervise, but still report all business developments to the owner.
Why should we start a business?
As employees, it is impossible for us to work for life, the older we are the less productive we are, one day we will definitely no longer be needed and will be fired either subtly or directly fired. Being fired subtly means being fired indirectly by creating an unfavorable work environment such as a transfer to a certain section, so that in the end we will resign slowly, this method is usually used so that the company does not have to pay severance pay because we ourselves resign.
Once fired, we will be replaced by a younger and more productive workforce, and another bad news is that the older we get, the more susceptible we are to disease.
Finally, this article is written for everyone who is still an employee to be aware of the risks as employees because if they realize that when they are old, it will be too late to start a business again.
this note originally wrote by me…
Reference: Cash Flow Quadrant
