How does money flow into you and your company?

https://www.youtube.com/watch?v=JZFnOHin7zY

Transcription

Where are you financially?

Hi I'm Brian Pombo, welcome back to Brian J. Pombo Live.

This is a show and I apologize about my hair, I was wearing a baseball cap all day, and never quite got everything to lay back down. But it'll be my hair will be better tomorrow, okay.

So that what we like to talk about on this show is business concepts and ways to be able to use your business, to change your life and make it better and make it make other people's lives better because of it.

And so if you're thinking about that, the best thing to do is to always bring things back to principles.

Yesterday, I talked about the difference between principles, strategies and tactics, you can go back and watch that if you want to be caught up the day before that talking about kind of the primary fundamental principle necessary in order to move your life forward.

Especially if you're thinking in the business mindset. It's really the foundational principle of all of Western civilization, and so what brings that back up to today?

Well, I'm going to, I'm taking you on a little bit of a journey. When it comes to principles, I wanted to start off with some of these definitions. Because we got common vocabulary we can use, that we can get a whole lot further because these are, these are definitions and words that don't necessarily use this way you weren't taught them in school and the same function.

I'm taking great Liberty with some of these ideas. In fact, I've had people come back to me saying, well, that's not what common sense means and everything, it I'm using different definitions for college common words and phrases that you may have heard before, and using them in a very specific way.

So hopefully, we can talk about the definition, the meaning behind these things and not get caught up with the words that I'm using, because then everybody's going to define these things differently over time.

And nothing is more true than what I'm going to talk with you about today, and I've discussed this before, and you're probably already familiar with it, but it's a good thing to bring up again because I I'm always amazed how many people I run into that are not familiar with Robert Kiyosaki cashflow quadrant.

Now, why would I be bringing up this idea tonight, when it comes to principals, two main reasons.

One, we're going to talk about definitions and some words that we're going to be using over and over again, and we're going to be using them in a different way than you're probably used to.

Two, this is one of those things that if you're going to define where you're going, you need to know where you are.

And when it comes to business, we're talking about financial nature, initially, because it has to do with you as a person. Now, I work with two different types of people in my business.

One is a person that's a business owner that's been a business owner that's successful, that's moving forward, or an executive that is running the business.

They're moving forward, and they already have a successful business, but they're looking to take it to the next level.

The other type of person I talked to a lot is a person that's either hasn't owned a business or is looking to go into a new field, and is looking for the end result, and doesn't really know where to go next.