This Tuesday was a very interesting and busy day at Rich Dad. We had our Tuesday meeting centered around an article written in Vanity Fair Titled Washington’s $8 Billion Shadow. A co-worker of mine has a wonderful blog called Rich Dad Underground and had a very good interpretation of the article that fit what I was going to say quite well. Please check it out, he has had a very good look at the inner workings of the Rich Dad Company for quite some time now.

Robert took myself and a co-worker out to lunch shortly after the meeting. We talked very little about actual Rich Dad business and more so just on general thoughts about different types of investing. As we were in a restaurant in the middle of Scottsdale we talked quite a bit about the restaurant business which also lead to good conversation about franchising. Robert’s thoughts on the restaurant business were very much like my own. I would very much love to start one, but would never want to run one. By this I mean I would love to be in every stage of the development of a new restaurant and setting up a system for it to run on it’s own, but would never do it if it required me to be there to operate successfully on a daily basis.

Reading the Rich Dad Poor Dad book and now working directly with Robert I have come to feeling this way about all business ideas. I only want to create something and be there for the beginning stages. I do not want to run a business, I want to create systems that run themselves. I want to hire people to run my system’s, no matter what market I decide to venture into. This can be done in any market, for any business idea.

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