A brilliant concept...

> Thanks Mike. Good reading.

> I've spent all weekend catching up on some
> reading, like reviewing my Fritz (CREATING
> impacted me the most)...and other methods,
> strategies and techniques as I'm putting the
> SQ1 (FINALLY)into a practical course.

> But first, Exit Strategy. Bill Myers was the
> guy who taught me to think about the exit
> strategy during the PLANNING of a project.
> How do you get out of the project?

> It is totally different than BUILDING a
> business or project.

> This weekend I read several books on the
> subject, and here is a link to amazon.com to
> one of the books and you may want to check
> with your local library for them:

>
> http://www.amazon.com/exec/obidos/ASIN/0761519971/qid=1018272352/sr=1-4/ref=sr_1_4/104-6356072-3507900
> In case the link doesn't work, the name of
> the book is WHAT'S YOUR EXIT STRATEGY by
> Peter Engle.

> I've done a lot of reading and research on
> this and along with Michael Ross' LEVERAGE
> and Mike McGroarty's influence, it has
> created a paradigm shift for me...or some
> new TENSION in the Fritz model.

> Creating for the EXIT is something new for
> me, and it appears like the next phase of my
> life...

> so this is an interesting topic. It also
> changes the way you approach a project.
> Knowing there is an end to it is a power in
> itself. Open ended projects not only bore
> me, but I lose focus and can't immerse in
> them.

> A closed end project or deadline somehow
> stimulates me to more activity and higher
> performance levels. Doing that going in to
> the creation of a business is totally
> different than what I was taught or learned
> along the way...and it may have been the
> missing piece of my education.

> If you are finally getting around to ACTION
> on your ideas, and you want a fresh
> approach, think in terms of how you are
> going to LEAVE the project behind
> you...you'll be amazed at the RELIEF you
> will feel too, and that is empowering also.

> I'm incorporating these new concepts in the
> SQ1, although they are already there, just
> not identified as such.

> The top of the POA (Pyramid of
> Accomplishment) is a marker of activity, it
> isn't a destination.

> So the selling off of the business or
> venture can be plugged into the POA at the
> beginning and it creates a totally different
> "goal" setting mechanism.

> Thanks Mike and Bob for pointing out the
> Fritz work again...there are so many people
> with great discoveries out there, it is fun
> to find, refind and rediscover some of the
> OLD Masters...

> as well as the new ones.

> Gordon Alexander

> PS to Bob Beckman, You did a great job with
> summarizing the SQ1, you should be the
> Executive Director of the SQ1...so you get
> to do all the work while I make all the
> money, OK? ....HA!

Gordon,
Hi. I am new to this forum. I have an idea for a new business which I am just getting started now in the planning stages and I have many questions. I have seen mentioned on this site numerous times SQ1 and POA. How can I get more information? Also you make a good point about exiting a project. Should I be considering selling the business even though I am still in the planning stages and it's not even developed yet?
Thanks in advance for any input and advice.

Ken Weyer