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The Importance of the System  - Business Mindset August 17, 2010
Which Quadrant(s) Do I Generate My Income From? CASHFLOW Quadrant E S I B
Different Quadrant, Different People E-Quandrant Language I’m looking for a safe secure job with excellent benefits S-Quandrant Language  My rate is $35/hr or I am looking for a 70%  contract  I did it all on my own  B-Quandrant Language  I am looking for a new president to run my company Is the system simple and duplicate-able? I-Quandrant Language  What is my ROI? Or what is my net cash flow?
E-S Quadrant Focus Good Grades Degree High Skill High Earning Job Specialize Do it myself FOCUS Individual Strength E S I B
B-I Quadrant Focus Ownership Solution Focus System Leadership Duplication Leverage FOCUS Systems  & People E S I B
Vision , System & Timing 1940 – 53 2  Stores  $350K revenue 1954   Ray Kroc saw the McDonald System 1956   14  stores  $1.2M revenue 1960   228  stores  $37.6M revenue 1960   Kroc bought brothers out for 2.7M  loan $14M 1970   1,600  stores  $587M revenue 1980   6,263  stores  $6.2B revenue 1990   11,800  stores  $18.7B revenue 2009   More then  31,000  stores
The Importance of the System - You only need a System if you want to be big:  Small minds  pay attention to personal skills & techniques Great minds  pay attention to the system  Xuan Nguyen
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Business mindset importance-of_the_system_michelle_liu[1]

  • 1. The Importance of the System - Business Mindset August 17, 2010
  • 2. Which Quadrant(s) Do I Generate My Income From? CASHFLOW Quadrant E S I B
  • 3. Different Quadrant, Different People E-Quandrant Language I’m looking for a safe secure job with excellent benefits S-Quandrant Language My rate is $35/hr or I am looking for a 70% contract I did it all on my own B-Quandrant Language I am looking for a new president to run my company Is the system simple and duplicate-able? I-Quandrant Language What is my ROI? Or what is my net cash flow?
  • 4. E-S Quadrant Focus Good Grades Degree High Skill High Earning Job Specialize Do it myself FOCUS Individual Strength E S I B
  • 5. B-I Quadrant Focus Ownership Solution Focus System Leadership Duplication Leverage FOCUS Systems & People E S I B
  • 6. Vision , System & Timing 1940 – 53 2 Stores $350K revenue 1954 Ray Kroc saw the McDonald System 1956 14 stores $1.2M revenue 1960 228 stores $37.6M revenue 1960 Kroc bought brothers out for 2.7M loan $14M 1970 1,600 stores $587M revenue 1980 6,263 stores $6.2B revenue 1990 11,800 stores $18.7B revenue 2009 More then 31,000 stores
  • 7. The Importance of the System - You only need a System if you want to be big: Small minds pay attention to personal skills & techniques Great minds pay attention to the system Xuan Nguyen
  • 8.
  • 9.
  • 10.
  • 11.