Tag Archives: Investor

Investing in Another Person’s Business

 

Flow

At one point in your life, you will be given what you think will be a golden opportunity – investing in someone else’s business.  Before you turn giddy and give your yesses and your checks, think.

My husband and I, we are very enthusiastic persons.  The idea of getting into a new business – except when it involves multi-level marketing, which does not float our boat – is enough to send us to euphoria.  But of late, we have been a little selective and a little wary of the businesses we get into.  We have been burned some of the time and if added up, those investments would run into the hundreds of thousands.  Okay, okay, some are not yet “dead” but we worry about them constantly and we do not think that worrying is very good use of our time and our money.

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Crossing the Chasm

Going Around in Concentric Circles

Going Around in Concentric Circles


E, S, B, I.

When I first saw “the grid”, I thought they were mystic markings.  I could not have been closer to the truth.

Robert Kiyosaki, in his book, Rich Dad, Poor Dad, talked about the 4 quadrants: E for Employee.  S for the Self-employed.  B for the Business Owner and I for the Investor.

Only thin lines separate the 4.  But in reality, millions of dollars and a vast chasm divide them.

And boy, I am finding out what it takes of me to cross that chasm.

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