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FourSeasons
12-18-2007, 09:52 PM
A few weeks ago I went to a Rich Dad Poor Dad seminar. I don't know if any of you have ever heard of it. But they have alot of books and a real powerful presentation.
In the beginning he was asking what kind of people we were and what side we were on.
And I thought he made a real good point. I can;t remember all of them, there was 4 kinds of people.

1. people who work at a job
2.people who own a job - a good portion of small business owners
these 2 being on one side

3. A business owner - *someone who actually just runs a business with people doing the labor for them.
4. Some type of investor or something like that. which is the point of the presentation.
To be on the latter half in 3 or 4.
Does this make sense so far?

I find myself at #2 where I basically own my job. I want to be at #3 with the money I bring in from my business to invest it.#4

Can anyone else relate to what I am saying.
If you find yourself in at # 3 how long did it take before you went from just owning a job to owning and running a business.

I'm tired so this might not make sense.

realhuntin
12-18-2007, 11:46 PM
To get through Steps 1, 2, & 3 =1-5 years of business, depends on the market and demand for the services with in an area and drive of the individual operateing the business.
Step 3-4 = 5-10 of business years for most businesses some faster than others. The transition from 3 to 4 may take you only 6 years of operating business where it may take me 10+.

Does this help? I have seen this demo before a few years back, it looks like it might have been structured a little differently but basicly the same.

What did you think of the seminar? likes? dislikes? did it help or give you idea's?

FourSeasons
12-18-2007, 11:53 PM
Quote[/b] ]Does this help? I have seen this demo before a few years back, it looks like it might have been structured a little differently but basicly the same.

What did you think of the seminar? likes? dislikes? did it help or give you idea's?


I understand it takes time to transition into each "step".
I always thought wow i own my own business. But where I'm at just like he said - I own a job. When it you think about it thats what I have. Its a business but its new.
I just wanted to see if anyone else agreed that its more like owning a job i the beginning stages.

I liked that seminar. Wow what a salesman that guy was. They were here for 3 nights and the night I was there they must have made at least 15-20,000 grand. People were getting up left and right to buy there package at $500 each. I t was 50% off those 3 nights.
I would be interested in there strategies but not right now. I have one of his books and dvds . I have not read them yet though.

Steve
12-19-2007, 02:56 AM
Great topic. Thanks for bringing this up Rob.

For others who aren't sure what Rob is saying, Check out this video and fast forward to around the 3 minute mark. That is where Robert Kiyosaki explains his concept.

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This is just such a fascinating topic, I could go on for hours about this.

Quote[/b] ]I find myself at #2 where I basically own my job. I want to be at #3 with the money I bring in from my business to invest it.#4

Can anyone else relate to what I am saying.
If you find yourself in at # 3 how long did it take before you went from just owning a job to owning and running a business.

A big HUGE part of going from #2 to #3 is creating systems. Having a system in place or an operators manual is very important. As you are working on your business, you really want to look ahead as if you were going to be franchising it. You want to have it become a turn key operation where everything is set up and all the jobs are described and explained. You want to take the unknown out of the equation. You want to have done the experimentation and pass along to your staff what you found that has worked.

I applaud you for taking that step from employee to entrepreneur. Now you should create an operators book to explain to the staff you will be hiring in the future, how to run the business you created. It will also help you understand better what you are doing.

Another thing to think about is this. What is your goal? Where do you want to take all this? What's your big vision?

Any thoughts on this?

FourSeasons
12-19-2007, 08:17 AM
Wow good find on the video! Exactly what I was talking about. The guy that did the presentation where I was at was alot more powerful than you see in that video. He made you feel like - signing up for their class and package was the key to what you've been looking for all these years and why wouldn't you want to do it? And it worked. one after another kept going to sign up. He kept saying you have to take action! Take action!

This type of business seems like a hard one to grow big and then have employees running it for you. Especially with residential customers because most of them are so picky and notice every little detail. I think it would be alot easier in a commercial market. Which is where I hope to be in the years to come.
I want to make the transition to the right side of the chart. If you watched that part of the video. It takes time though. This is not like owning a store where you can hire someone to stalk the shelves and ring people up.

Steve
12-19-2007, 08:37 AM
Hi Rob,

This is really a great topic and I'd like to explore it more with you. As you reflect on the presentation you saw and this video, what further steps or processes do you feel you need to take in order to get where you want to be?

You mentioned one is moving towards servicing commercial customers, what other things do you feel you need to do?

FourSeasons
12-19-2007, 09:37 AM
Quote[/b] ]This is really a great topic and I'd like to explore it more with you. As you reflect on the presentation you saw and this video, what further steps or processes do you feel you need to take in order to get where you want to be?

You mentioned one is moving towards servicing commercial customers, what other things do you feel you need to do?

More experience, promoting myself, and education.
Funny, I was just checking my email and I got a email from the rich dad poor dad people.
The first thing that stood out to me because it was in bold was - Investors Take Action!
So what else do I need to do - Take action. Not talk about it and get out there and do it.
I'm putting together a brochure right now with good pics and testimonials that I can give to managers. I also have a friend who is very confident when talking to managers and people in those positions to help me out becuase I get kind of nervous. He went with me to one of the Denny's and we talked to the manger but they had just hired a new company.
I don't look forward to the next couple months due to the drop in income. But I will have some time to spend on my business. Something I never get to do because I'm still busy.
Rodman made my site a month ago and I still don't have it set up because I havent had any time. But i see it about to drop off after Christmas.

pmblair
12-20-2007, 01:43 PM
Wow! What a great thread! Thanks for starting this one, Rob!

I have been to a seminar kind of like this before... VERY motivational. It helped me decide to go into business for myself. I look highly upon anyone who can truly motivate! These people give you the extra confidence that you need to go the extra mile in WHATEVER you do!

Steve
12-20-2007, 03:20 PM
Hi Patrick,

Could you tell us a little about the seminar you were at and what you liked or didnt like about it?

Hi Rob,

Quote[/b] ]But I will have some time to spend on my business. Something I never get to do because I'm still busy.

I think you said it all right here. This is the main make it or break it component of all business. Those who find the time to market and sell their business tend to grow. Those who don't tend to fold.

What's your take on this?

tjgray
12-20-2007, 03:22 PM
I guess the goal is to get to #3 or #4....

But I kinda like being at #2 http://www.gophergraphics.com/forum/iB_html/non-cgi/emoticons/biggrin.gif

I worked in corporate marketing for many years. I often put in very long hours and went above and beyond my job description with not one word of appreciation for it...

Owning my own job beats the heck out of what I was doing and I am content http://www.gophergraphics.com/forum/iB_html/non-cgi/emoticons/biggrin.gif

Steve
12-20-2007, 03:27 PM
Tara,

That is very fascinating! Can you explain a little more on why the concept of owning your job vs owning your business is more appealing to you?

tjgray
12-20-2007, 03:55 PM
Hmmmm Steve you are always pushing me to think and dwell deeper on a subject lol...

I think probably my main reason has got to be that it is much less complicated to own your own job verses owning your own business...

I am kind of a simple type of girl. I don't care to have a bunch of fancy possessions and I really don't care about making a ton of money...I just want to have enough work to keep us busy and pay the bills... http://www.gophergraphics.com/forum/iB_html/non-cgi/emoticons/biggrin.gif

Now don't get me wrong...I am not really happy with our current financial status. Especially since our ol winter standby of installing cable appears to be trying to get away with not paying us the $1000 plus they owe us and we are probably going to have to take our contractor to small claims court to get our money...

Needless to say we are no longer doing cable installations like we normally do for extra income this time of the year so we are surviving on what lawn work the guys are still pulling in and our savings which makes the ol Christmas budget really tight...

Buuuut well I digress thats a whole different topic then the one we are discussing http://www.gophergraphics.com/forum/iB_html/non-cgi/emoticons/biggrin.gif

Steve
12-20-2007, 04:05 PM
See you really brought up a fascinating point.

A while back, a friend of mine was talking to me on how much he wanted his business to get a lot bigger and he wanted to have many locations. He had asked me to tell him what I thought he needed to do to get this done.

So after reflecting a while on his situation and listening to his thoughts, it appeared to me that he didn't want to have others come in and 'take his job.'

When we talked about it further, we came to the conclusion that he wanted to be involved with every part of his business and he didnt want to give control over to anyone else in order to allow for growth. He ultimately realized that he was happy being in charge of his surroundings and that he was very important then. If he weren't there, nothing would get done or could get done.

He didn't want to have a business that could run without him for fear he would not ultimately be needed or be important.

I thought that it was a fascinating awakening!

What's your view on this?

tjgray
12-20-2007, 04:18 PM
Quote[/b] (Team Gopher @ Dec. 20 2007,4:05)]So after reflecting a while on his situation and listening to his thoughts, it appeared to me that he didn't want to have others come in and 'take his job.'

When we talked about it further, we came to the conclusion that he wanted to be involved with every part of his business and he didnt want to give control over to anyone else in order to allow for growth. He ultimately realized that he was happy being in charge of his surroundings and that he was very important then. If he weren't there, nothing would get done or could get done.

I am sooo feeling that statement!!

I suppose if you want to grow you eventually have to delegate some of your responsibilities off to others...

I just don't think I would ever find that someone I would be satisfied with taking over my job...

Steve
12-20-2007, 04:26 PM
It is fascinating when you think about it. There is this potential where you create this business and it is your child and you know how everything works and you make it all happen.

Then at times we all think, if only I could get this business to grow, but it is ultimately us who hold the business back from growing!

Do you ever find that to be the case with other business owners you have known?

FourSeasons
12-20-2007, 10:02 PM
Quote[/b] ]I guess the goal is to get to #3 or #4....

But I kinda like being at #2

I worked in corporate marketing for many years. I often put in very long hours and went above and beyond my job description with not one word of appreciation for it...

Owning my own job beats the heck out of what I was doing and I am content


I disagree with Tara. Everyone is different though. How is coporate marketing the same as owning and running a business or company. Besides long hours.

I would think everyones goals would to be at #3 or 4. Why wouldn't you want to be even if you kept your business small.

My goal isn't to just own my own job. I want to retire someday and I don't want to do physical labor when I'm 55 either because I never expanded my business beyond myself and a few other guys. I'm not sure how much of the labor Tara does, but yesterday I spent 8 hours digging a trench in the worst clay and rock combo. And no way to get a trencher in. I was very tired. Theres no way I want to be involved in that type of labor when I'm older.

Steve - What do you think about putting the quick post back?

tjgray
12-20-2007, 10:30 PM
Quote[/b] (FourSeasons @ Dec. 20 2007,10:02)]*My goal isn't to just own my own job. I want to retire someday and I don't want to do physical labor when I'm 55 either because I never expanded my business beyond myself and a few other guys. I'm not sure how much of the labor Tara does, but yesterday I spent 8 hours digging a trench in the worst clay and rock combo. And no way to get a trencher in. I was very tired. Theres no way I want to be involved in that type of labor when I'm older.

Rob I am betting my husband would probably agree with you on this...he is the one who does the bulk of the labor for our company.

I do not do any hard labor...I just take care of the fun and easy stuff... PR, administration, marketing etc etc etc...so I guess it is easy for me to be content with where I am at *http://www.gophergraphics.com/forum/iB_html/non-cgi/emoticons/biggrin.gif

FourSeasons
12-20-2007, 10:41 PM
Quote[/b] ]so I guess it is easy for me to be content with where I am at



Tara - Maybe check with him before you get to content! lol

tjgray
12-20-2007, 10:43 PM
Quote[/b] (FourSeasons @ Dec. 20 2007,10:41)]Quote[/b] ]so I guess it is easy for me to be content with where I am at *



Tara - *Maybe check with him before you get to content! lol
Lololololo ...ya think http://www.gophergraphics.com/forum/iB_html/non-cgi/emoticons/biggrin.gif http://www.gophergraphics.com/forum/iB_html/non-cgi/emoticons/biggrin.gif

Steve
12-21-2007, 09:01 AM
I think ultimately different people go into business for different reasons. When we reflect on these discussions, it helps us realize why we do it and then decide if this is the reason we want or if we want to create a new direction.

Rob, you have a lot of focus and to say what you are saying is the platform for much growth. I am sure if you keep at it, you will get your business where you want it to be.

With the seminars you have gone to and the books you have read, what suggestions do you have for others who might be in your similar situation? What should they do next? Are there any small steps you could recommend?

Quote[/b] ]Steve - What do you think about putting the quick post back?

I had taken it out because it didnt include a way to attach a file and that was confusing some forum members. If this way gets to be too much of a pain. I can change it back.

FourSeasons
12-21-2007, 09:52 PM
Quote[/b] ]
Rob, you have a lot of focus and to say what you are saying is the platform for much growth. I am sure if you keep at it, you will get your business where you want it to be.



Thanks. Other people have told me that to. I get inspired when I see the big companies with all their fancy new stuff that they CAN afford and is neccesary to the business. This business takes up almost all of my time. I want to learn more about the business side of things. Doing the work is no problem most of the time. And if I don't know how I read and ask questions until I know what to do. (Like the french drain situation.)

Quote[/b] ]
With the seminars you have gone to and the books you have read, what suggestions do you have for others who might be in your similar situation? What should they do next? Are there any small steps you could recommend?


Expand your business in small steps so you don't go broke maybe. I don't have to much business experience. Stay out of debt as much as you can. Buy what you need not what you want or what others have. Who cares what people think about you (except customers) when your working. Not to many people just started out at the top. Dont by a big shiny truck just to get a wow from each one of your friends. Thats about all you will get and only one time. After that its not a big deal anymore.

I like to learn about investing and things related to that. I don't want to work later on in life. I want my business and my money to work for me.

If you are in debt and are trying to get out check out John Commuta, Turning Debt Into Wealth. Its a good strategy and I no someone who is using it and its working. Takes disipline. I would get it anyways it will change your thinking.

Steve
12-22-2007, 08:06 AM
Rob,

Great stuff!

Now as you look ahead, how important is it to you to find a niche? Have you thought about that and what it would be if you did?

FourSeasons
12-22-2007, 11:40 AM
I don't have one yet. I do like mowing alot. But thats not year round. I have customers that want me to come once a month til march but it seems pointless to mow in the winter and its kind of a pain tryin not to tear up the grass because its been raining so much.

I saw a hydroseeder for sale on craigslist for $3500 I was thinking that might be something good to get into. Not right now though.