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-Quan...
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....
The Importance of the System - You only need a System if you want to be big:  Small minds  pay attention to personal skill...
The Importance of the System <ul><li>B quadrant: your main purpose it to build a large team and a big business, and you mu...
The Importance of the System <ul><li>A system creates duplication and multiplication </li></ul><ul><li>Submission to the s...
<ul><li>Your are the cause of everything that happens to you </li></ul>Be careful what you cause
<ul><li>Submit to the SYSTEM,  </li></ul>
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Business mindset importance-of_the_system_michelle_liu[1]

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Business mindset importance-of_the_system_michelle_liu[1]

  1. 1. The Importance of the System - Business Mindset August 17, 2010
  2. 2. Which Quadrant(s) Do I Generate My Income From? CASHFLOW Quadrant E S I B
  3. 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. 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. 5. B-I Quadrant Focus Ownership Solution Focus System Leadership Duplication Leverage FOCUS Systems & People E S I B
  6. 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. 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. 8. The Importance of the System <ul><li>B quadrant: your main purpose it to build a large team and a big business, and you must build it through the system </li></ul><ul><li>It’s tough to build the system – tough at the beginning, easy later. Building a team that follows the system takes tremendous discipline & sacrifice </li></ul><ul><li>Follow the system religiously </li></ul>
  9. 9. The Importance of the System <ul><li>A system creates duplication and multiplication </li></ul><ul><li>Submission to the system – you run the system, The system runs your business </li></ul><ul><li>Without the system – confusion, frustration, chaos, internal conflict, uncoachability, unteachability, discouragement, quitting… </li></ul><ul><li>Your highway to success </li></ul>
  10. 10. <ul><li>Your are the cause of everything that happens to you </li></ul>Be careful what you cause
  11. 11. <ul><li>Submit to the SYSTEM, </li></ul>

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