Book notes:
- Key summary: lessons and Bi triangle to build any businesses
- security (stable job) reduce freedom. to get freedom (wealth), let go of security
- find the deal to get the money
- Q: Who to call?
- S -> B quadrant. Don't be too specialized
- Work on non-producing income, design the biz before the biz exist
- **Own Biz vs Own Jobs (ENT and self-employed), no assets, no ownership, nothing to sell
- Don't save these money: LEGAL & ACCOUNTING
- Cashflow and number projection is important
- 1st build your product & future. Then is day-to-day operation. Then admin & legal must be addressed.
- The money you spend: does it cost you or earn you income?
- Build a business: Future=deals. Present=customer order. Past=legal & admin.
- Reason why self-employed / co stay small because not competent in dealing with people/talents. Hire slow, fire fast. Let go to be less expensive.
- People + communication skills (listening) = success. leader = turn people into team.