The 3 Types of Businesses

Hello everybody, Dr. Steve here, my topic today is “The 3 Types of Businesses.” In a continuation from my last video, where we talked about Robert Kiyosaki’s Cash Flow Quadrant, he talks about four different quadrants ways of making money and income.

 

E as the Employee, Self-employed on the left and the B the Business and Investor on the right.

 

 

So if you want to go from the Employee mindset to the Business mindset, what you need to do is you need to own your own system and you need to have people working for the system.

 

So the three types of businesses are Traditional business, where you develop your own systems. Number two is Franchise, like a McDonalds where you buy a system or ready in place.

 

And number three, Network Marketing, where you buy into the system and work with it. Hope you got value and if you did, go to drstevesabo.com.

 

 

Dr. Steve Sabo

Email: drsteve@drstevesabo.com
Facebook: Dr. Steve Sabo
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Phone: 201-697-6097

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Check Out My Previous Blog PostThe Importance of the Book Rich Dad’s Cash Flow Quadrant

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