Focus on Richdad’s BI-Triangle to Build a Successful Business

Posted on January 24, 2016January 24, 2016Categories Business, Startup   Leave a comment on Focus on Richdad’s BI-Triangle to Build a Successful Business

Richdad often talked about invest in systems NOT products. He called his system to achieve business success the BI-Triangle. When you evaluate a business opportunity or get frustrated over your existing business endeavors, refer to his BI-Triangle business model. He states a successful business needs to have a strong BI-Triangle with a strong mission, team, and leadership. The management functions of the B-I Triangle’s five internal levels are CASH FLOW, COMMUNICATIONS, SYSTEMS, LEGAL, and PRODUCT. Notice PRODUCT is placed on … Continue reading “Focus on Richdad’s BI-Triangle to Build a Successful Business”

Lessons of Starting a Company by VC Mark Suster Based in Los Angeles

Posted on December 2, 2015December 2, 2015Categories Startup   Leave a comment on Lessons of Starting a Company by VC Mark Suster Based in Los Angeles

Mark Suster was a consultant working for Andersen Consulting (Accenture) for 10 years before he found his first company, then it was sold. He found his 2nd company and sold to Salesforce.com and became a VC based in Los Angeles. He talks about his failure, success, and lessons learned as a budding entrepreneur and a venture capitalist. Idea – Don’t have to be a genius to start a company unless you want to be a Google…99% of companies are not … Continue reading “Lessons of Starting a Company by VC Mark Suster Based in Los Angeles”