Page 102 - Why We Want You To Be Rich - Donald Trump, Robert Kiyosaki.pdf
P. 102
96 I CHAPTER SEVEN
As stated earlier:
E standsfor employee
S standsfor small-businessperson, self-employedorspecialist
B standsfor big-business owners such asDonald Trump
I standsfor investor
More than simply titles, the person in each of the quadrants is very
different from the people in the other three quadrants. When it comes to
attitude, most people in the E quadrant seek security. They say, "I'm looking
for a safe, secure job with benefits." A small-business person in the S
quadrant may say, "Ifyou want it done right, do it by yourself." A person in
the B quadrant is often looking for a president, CEO or other talented
person to run his or her operations. One ofthe defining differences between
S quadrant business owners and B quadrant business owners is the number
of employees. Forbes magazine once defined a "big business" as a business
with more than 500 employees. And I stands for investor. As you already
know from the introduction to Part Two, there are three different types of
investors.
The tax laws are also different for the different quadrants. The worst
quadrant to be in for tax purposes is the E quadrant, simply because there is
very little you can do to protect yourselffrom taxes - hence you really do
not need an accountant to advise you. The quadrants with the best tax
breaks are the B and I quadrants. Why? Most governments give tax breaks
to those in the B quadrant because they provide jobs. And governments offer
tax breaks to the I quadrant because they invest their money back into the
economy. Special tax breaks are usually given to people who invest in real
estate and oil because every country needs housing and energy.
In Which ~adrantCan You Win?
As stated at the start ofthis chapter, it isimportant to choose your battle
and battlefield carefully. When it comes to getting rich, choosing the
quadrant that is best for you holds a similar importance.
__'vYHY WE WANT You To BE R~IC~H~.__. ......_--.;.__........
'