Gabriel Dzsurdzsa "Founder of TheGreatWallofWealth"

Gabriel Dzsurdzsa "Founder of TheGreatWallofWealth"

Friday, June 1, 2007

The Cash Flow Quadrants Continued...


2. Self-Employed:
This is a little better
than being employed.
Why? It's simple. You
get to write off some
of your taxes, you
have your own schedule
and you have some
control over your
income. Usually categorized as middle
class but still clueless about how money works.
Ussually a very dangerous position to be in.
Lets say that you are a dentist and you got
your own office which means rental expense,
utilities etc. 1 secretary, 1 receptionist
and 2 dental assistants, employees. Again you
are not free because you have to be phisically
there to make money. If something happens to you
GAME OVER + you still have to pay your business
overhead expense. Again a very dangerous position
to be in. Where I'm getting at is
PASSIVE INCOME!!!!! PASSIVE INCOME!!!
.....coming soon!

Thursday, May 31, 2007

About the seminars!

Financial Seminars:

Tuesday: 7:30pm - 9:30pm
Thursday: 7:30pm - 9:30pm
Saturday: 10:00am - 12:00pm

Their all on: 220 Frobisher Drive, Waterloo
2nd floor!

If you guys want more info e-mail me at:
GDzsurdzsa@yahoo.com
or just give me a call at either or: 519-500-9282
519-584-1902

PS: If you guys decide to go without notifying me
well then just tell who ever greets you that
Gabriel Invited you! so they won't go like:
"Who the hell are you"! Thanx.

Sunday, May 27, 2007

The Cash Flow Quadrants!


There are basically 4
quadrants into which
people fit:

1. Employee: You have a job
2. Self-Employed: You own a job
3. Business Owner: You own a
system
4. Investor: Money works for you

Simply put there are four ways with
which people make money with
the last ultimate quadrant being
"money works for you"
Lets start: 1.Employee

Well unfortunately close to around 65% of
the population of Canada is an employee of some
sort: either they work at a sausage factory,
at Tim Hortons, McDonalds, etc. basically have a
J.O.B: "Just Over Broke". If you have a job, If you
have to work for that paycheque you are not free.
This quadrant equates the lower class (80%) and a
minor fraction of the middle class (20%)which have
a little bit better jobs with more benefits.
This quadrant simply describes the old poor man's mentality:
"A: Hey listen how much are you going to pay me if I give you
40 hours" "B: I'll give you 1000$/week" "A: Well allright"
"B: But you can make more" "A: Uhhm ah Hey listen 1000$ fine
I want to get payd for my time because I don't want to be
responsible for results." Funny thing isn't. People
who have jobs get taxed the most, the average
pay raise is 3% of hourly wage while inlfation
averages out at 4%, they don't invest because
all they can afford is to pay their bills.
And this category is also the least disciplined:
they spend spend spend. Not only does the average
North American family spend what they make but
they go into their credit cards and spend more
than they make...TO BE CONTINUED

Books I'm currently reading! Honestly!