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Old December 31, 2000, 12:52 AM
Michael Ross
 
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Default Re: Great idea Michael, in fact it is an idea

I'm big on checklists as opposed to plans - a plan is an intention a checklist is a must-do.

Pilots file a flight plan before take-off and go through a checklist. One is an intention which can change almost as soon as take-off has ended. The other is a MUST and cannot be avoided otherwise flight cannot take place.

In Creating Wealth, by Robert Allen, you get to see the checklist he uses to make the buying of real-estate an easier less emotional thing.

The "plan" is to buy real-estate for little or no money down. The checklist is the HOW of it.

I see a flow chart as a progressive checklist. You cannot proceed until the conditions have first been met.

And while the "large" flow chart I'm working on won't ever be made available to the public, there is another smaller one which I may make available once completed.

The smaller one revolves around a business which was hinted at in 7 Steps II numerous times and which has something to do with a discussion we had here a while back. And it's one that I feel would be easier for a single person to handle and use themselves.

The large one involves staff and subcontracted (hired) staff, commercial offices, a fleet of vehicles, a management structure and a host of other items. All of which make it a lot harder, for a single person operating from home, to use.

When the smaller one does make it to market, it'll be a hard product and not an electronic product. Because I, like you, prefer the paper and ink type of stuff over electrons.

Michael "may the Flow be with you" Ross.

P.S. While I see a Flow Chart as a handy thing which can be used to help achieve your goals, I also see it as a tool which can be used to help weigh up the feasibility of businesses or ventures you may be considering - sitting down creating a flow chart forces you to ask a lot of questions and to answer them.

Like Dien could create a Flow Chart to see what he needs to do to make an Investors Club a reality.

I also see that a Flow Chart could be used with the POA to cover the exits.
 


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