It says that there are four types of "work": being employed by someone else, being self-employed, owning a business or process, and owning investments. Robert sees living off investments as the ultimate goal - and its what many serial entrepreneurs/investors/angels do. He also precisely defines the "B" as being where if you go on holiday for a year your business is in better shape when you return. Many business owners think they are Bs but are actually Ss as they need to be there to work and make things work. As I go forward I have this diagram etched in my mind. I've made the move now out of E, hopefully into S. Now to make sure that the S I build lets me move to B, and ultimately to I.
Monday, September 3, 2007
The ESBI Quadrants
It says that there are four types of "work": being employed by someone else, being self-employed, owning a business or process, and owning investments. Robert sees living off investments as the ultimate goal - and its what many serial entrepreneurs/investors/angels do. He also precisely defines the "B" as being where if you go on holiday for a year your business is in better shape when you return. Many business owners think they are Bs but are actually Ss as they need to be there to work and make things work. As I go forward I have this diagram etched in my mind. I've made the move now out of E, hopefully into S. Now to make sure that the S I build lets me move to B, and ultimately to I.
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