EMPLOYEE VRS EMPLOYER

"An employee is an individual who works part time or full time under a contract of employment, whether oral or written, express or implied, and has recognised rights and duties", according to businessdictionary.com. Taking a look at our economic conditions, unemployment has been a great challenge that many graduates are facing. Do you want to face this problem after graduating? I guess your answer is the same as mine.  According to Robert Kiyosaki, a financial literacy activist and motivational speaker, employees always search for a safe and secured job with good pay and excellent benefit. They are usually accurate when they say, "I'm not that interested in money." For them the idea of security is often more important than money. Due to this, most of them don't have financial freedom. Those of them who have financial freedom are those who invest what they earn monthly as salaries to earn more. Yes! They invest! I call them "the active employees." They think and focus on the future and not the present. So that after retirement, they will still have financial freedom. For those who don't invest, life becomes like hell to them after retirement. Though some employees succeed, they are limited to 24 hours a day. They don't have freedom! They work under conditions! I'm not saying to be an employee is bad, but if you have the chance or ability of being an employer, use it!

An employer, according to businessdictionary.com, is "a legal entity that controls and directs a servant or worker under an express or implied contract of employment and pays (or is obligated to pay) him or her salary or wages in compensation." These people employ skillful and smart people and they use their energy (employee) to earn their (employer) money. I call them "the true businessmen."  They have more than 24 hours in a day! I know you're wondering how it's possible. An employer has a system that generate money for him.  Let's look at this example. An employer has 10 employees. These employees work for 9 hours a day at the employer's workplace. Therefore, if each of them is working for 9 hours, then the total will be 90 hours (That's, if the employer isn't working). Ha-ha! That means, he has 90 hours in a day to generate income without him/her working. Wow! A popular story about Henry Ford from the book titled, "Cash flow quadrant" by Robert Kiyosaki goes, one day a group of so called intellectuals came by to condemn Ford for being ignorant. They claimed he really doesn't know much. So Ford invited them into his office and challenged them to ask  him any question, and he would answer it. So the panel assembled and began to ask him questions. Ford listened to their questions and when they were through, he simply reached for several phones on his desk and called in some of his bright employees and asked them to give the panel the answer they sought. He ended by informing the panel that, he'd rather hire /employ smart people who went to school to come up with answers so he could leave his mind clear to do some more important task like thinking. Thinking is an important tool in our life, but people don't get time to think. 

What is your decision? Where is your stand? Think outside the box! Get Started! Start Planning! The future is still bright! You can do it! You are a man of difference!

Click Here to download the book titled "The Cash Flow Quadrant", by Robert Kiyosaki.  

Edited by: Michelle Amma Richter