There's no doubt Robert Kiyosaki's cashflow quadrant has helped me as an entrepreneur to have a tangible map to assess whether I was setting myself up to continue to trade my time for money (poor dad) or was on track to move into the quadrants that would allow my money to work for me (rich dad).
The thing is, many (and maybe most) franchisees get into franchising because they have the desire to experience freedom in their lifestyle.
However, far too many zees get stuck working IN their business which means they essentially bought themselves a job.
In other words, they went from actively earning money before becoming a franchisee, to actively earning money as a franchisee.
The thing people want to know is--HOW do you move from making money actively to making it passively?
Well, the truth is there are many ways to make that leap. 🎯
This is how I did it. ⬅️
Enjoy this episode of the Franchise Secrets Podcast!
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Erik Van Horn is a franchising specialist, and expert in multi-unit, semi-absentee franchise business ownership. From entrepreneur to regional developer, and investor to consultant, Erik has worn many hats over the last two decades, which has provided him unique insight into complex aspects of the industry. If you're a franchisee, a franchisor, or one aspiring to be, subscribe to the Franchise Secrets channel and visit www.FranchiseSecrets.com for even more tactical and practical tools to help you buy, grow, and sell franchises like an expert.