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Generate Continuing Income Streams
Robert Kiyasaki likes the B-Quadrant best of the four in his Cash Flow Quadrant. B stands for business (owner) but don’t confuse this with a one man shop or other small business models where the owner needs to be present for money to be made. A B business operates with a duplicatable system that can continue to run, grow and generate income without the owner’s presence. If your business would suffer without your presence, then you don’t have a B business.
What is a good B business?
So what is a good example of a B business? A great example is a McDonald’s Every McDonald’s operates with a system. No thinking is required. Everything is always in the same location. Every activity is always performed in the same way. No thinking is required. You can run on with teenagers and you hardly ever see an owner on the premises. It is an ideal B business with only one problem. You need $1.5 million to start one.
Don’t have $1.5 million? There are other options.
Don’t have $1.5 million? There are still B business with duplicatable systems that don’t require that much cash. What are they? How do they work? Leave a comment or send me an email if you would like to learn more.
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