The RapidKnowHow System – Take Control of Your Cash Flow to Create Financial Freedom
The RapidKnowHow System – Take Control of Your Cash Flow to Create Financial Freedom and Lead Your Life
What is Your Cash-Flow?
The Cash Flow is the Balance of the Cash Inflow (Salaries, Service Fees,, Subscription Fees, Lending/Renting/Leasing Fees, Brokerage Fees, Affiliate Income, Advertising Fees, SaaS Fees, Licenses, Royalties, Dividends,) and Cash Outflow ( Mortgage, Rent, Car Loans, Credit Card Debt, School Loans, Living Costs, Other Costs)
Why Take Control of Your Cash Flow?
Manage the cash-inflow and the cash-outflow to generate your cash income.
How to Take Control of Your Cash Flow?
Calculate your monthly cash-inflow and deduct the monthly outflow that creates your monthly cash-flow. Ensure the monthly cash flow is positive.
Establish three months cash-flows of surplus funds that make you cover any risk (no income during a crisis, losing your job).
The Employee Cash-Flow System: Monthly Pay-Check – High Exposure
The Employee earns monthly salaries from a working contract. The risk is when losing your job, you’ll have no other income source for covering your monthly cash-outflow. That’s why you need to build a cushion of three months cash-outflows on your bank account.
The Service Provider Cash-Flow System: Multiple Service Income Sources – Trading Time for Money
The Service Provider earns service fees from multiple service income sources. The advantage of this cash-flow system is your lower risk of running out of cash because of gaining income from multiple income sources. That’s why you need to complement your active income channel with a passive income opportunity and risk insurance.
The Business Owner Cash-Flow System: Business System Ownership – Leading Peoples Skills
The Business Owner earns income from proprietary business systems, franchise systems or business partnerships. The advantage of this cash-flow system is, that the owners of business systems can grow their businesses globally. That’s why you need a solid business plan to start and develop your business sustainably.
The Investor System: Business Ownership – Building Long-Term Wealth
The Investor earns income from bank accounts, stocks, bonds, exchange-traded funds or real estate. The advantage of this cash-flow system is to generate income: dividends, rents and interests from your assets that are managed by you or professionals. That’s why you need solid know-how on investment strategies to invest intelligently i.e. don’t put all your money in one basket. Your long-term goal is to build wealth by creating capital gains by applying the power of compound interesting.
The Business Owner Cash-Flow System: Digital Business System Ownership – Leading Business Innovation
The Business Owner earns income from proprietary digital business systems such as authority blogs, magazine apps, online courses, digital marketplaces, innovative business model creation, and online coaching.
The advantage of this cash-flow system is, that the owners of business systems can grow their businesses globally. Owners control the whole business value chain from developing to fulfilment. That’s why you need a solid business plan and assistance from an experienced business coach to start and develop your business successfully.
The RapidKnowHow Business Model
If you want to achieve your strategic objective rapidly, then you need a practical business model to succeed
Apply the RapidKnowHow Business Model to achieve your strategic objectives rapidly and effectively.
To Your Success