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Tuesday, April 21, 2009

Think Before You Act

Lunch today was awesome. We talked about the book 10 Commandments for Business Failure.

Those who read it really enjoyed it. Thinking was one of the most recognized parts of the books. Many people said they act, but fail to think. We then discussed the theoretical question “Would you rather have $1M cash or the income stream from $1M invested at 12%?” This is a real thinker. I went with the income stream. There is a lot of depth to the saying “Cash in my hand is like an ice cube in my pocket; Gone by the end of the day.” ~ Pete Fortunato.

It was a good meeting. Our next book is Crucial Conversations: Tools for Talking When the Stakes are High.

After lunch I went and looked at houses in Rialto. That is going to be my farm. I found a two that I liked, but one that I am going to make an offer on. I may offer on both, but the one house by the commercial building does not interest me as much as the other. Kids tagged the heck out of the second house, but I think a few security lights up around the outside will stop that. Besides, it is a nice house and I think I can sell it quickly.

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