Andrew Reynolds Cash On Demand course teaches a unique kind of business model that is very different from traditional ‘bricks and mortar’ style businesses, like the shop his Father used to run. At the Cash On Demand Bootcamp he talked about how his Father relied on advice from his Bank Manager and his Accountant – and how you should avoid falling into the same trap.
As Andrew Reynolds said on stage – you don’t learn this type of thing at school or college.
In fact in a study carried out in the USA, 100 young children were tracked through from their school age through to retirement at 65. Of the sample 100 children, it was found that 4 would ever enjoy a salary of more than $35k pa.
20 of the 100 would live life on or below the official poverty line. And a staggering half of the 100 kids chosen would live to rely entirely on their family, government hand-outs and charity.
At Andrew Reynolds cash On Demand Bootcamp event, students saw a picture of Andrew at College (big hair and wide lapels!)
He talked about one of his fellow college students who had gone into the banking industry at college – and 30 years later he was still working for the same bank.
He also gave the example of the other fellow college buddy who is now on drugs for depression and has never made it in business.
Andrew blames the system. “They wanted to pigeon hole us into jobs. It was nothing to do with business at all. It was grooming us for jobs!”
Andrew Reynolds Cash On Demand students then heard how An drew had learned a lot from seeing his Father fail in business.
His Father used to get advice from his Bank manager and his Accountant.
But as Andrew pointed out – like Andrews old college friends – they knew nothing about business! They had left college and gone into banking or accountancy. They were not qualified to advise on the topic of running a business.
Be wary of who you take advice from.
