The B Quadrant produces residual income

by JOB on February 9, 2010

McDonald's Canada at a Wal-Mart Canada in Toro...
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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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Getting off the Fence

by JOB on January 5, 2010

If you are still on the fence trying to decide to go for it and become your own boss or continue to cope with the limitations of your current job, I have a suggestion. Read The Dip by Seth Godin. When you do, expect one of two things to happen:

1. You will send me an email.

2. Nothing.

I can tell you what will make the difference. You are either a decisive person who can make a decision and move forward when you understand your situation and your options or you are an indecisive person who is uncomfortable making big decisions and always finds a reason to stay where they are. Either way, it’s good. If it is number 1, it means that you will stop dithering and actively start pursuing a new life. If it is number 2, it means that you will stop dithering and relax with your current situation.

The benefit is that you make a decision and stop playing what if with yourself. If, in spite of Seth’s advice, you don’t make a decision but keep coming back and fantasizing about becoming job optional anyway, just stop it. Decide to be happy with the life you have and make the best of it. Don’t torture yourself any further about a decision you can’t make. Otherwise, I’ll be waiting for your email.

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It’s not a crazy idea

December 30, 2009

The idea that you can live a different kind of life – one where your don’t depend on somebody else to tell you when and where you work and how much you are worth – is not crazy. Just because you were brought up with an employee mindset doesn’t mean that you cannot change.
If [...]

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Becoming Job Optional – Can you do it?

December 17, 2009

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If you are looking at this blog, it has to be because you think about changing your life. You are tired of being an employee and want the freedom of the life of an entrepreneur. You are tired of the limitation of being told what you are worth and when to [...]

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You Have the Power

December 11, 2009

If you are here because your want to find encouragement that you have what it takes to become job optional, you are in the right place. You do have what it takes.
If you want to hear that it will be easy, then look elsewhere. If you want to discover that you can do [...]

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