There are so many imple, yet really sure-fire ways of acquiring wealth,
it's a wonder everybody with even the least bit of ambition isn't already rich.
When you come right down to it, the only things needed for anyone to make
bundles of money are the long-range vision and the energy to put a money-making
plan into
force.
One
of the easiest methods of building wealth, and the one most often used by the
"smart" people, is to furnish the expertise, equipment or growth
capital to promising beginning business. Basically, you buy in as either a part
owner or limited partner; then, as the busines grows and propers with your
help, you reap your share of rewards.
The beautiful part about this whole concept is that you can repeat
this procedure over and over again. You can start out with, say marketing and
sales leadership for small, garage-type business; then with your holdings and
earnings from that business, invest in another, and keep doing this until you
own a part of twenty-five to an unlimited number of businesses. Looking at the
idea from a dollar return point of view, if you were getting $200 per month
from 25 different business, your monthly income would amount to no less than
$5,000 and that's not too bad for a fledgling millionaire.
Look around your own area. With just a
little bit of business sense and perception, you're sure to find hundreds of
small businesses that could do better--perhaps even become giants in their--with
your help.
Most small businesses need, and would
welcome marketing, promotional, advertising, and sales help. If a quick survey
of business turns you on with enthusiasm about the potential profits to be made
with just a few changes that you can suggest, then you are on your way.
Basically, you set up an appointment to
see and talk with business owners about some ideas and help that could double
or triple their profits. When you approach them in that manner, their almost
certain to want to see you and hear want you have to say.
In prepartion for your meeting, set your
ideas down on paper. Put them together in an impressive marketing or profit
potential folio. Outline your ideas, the costs involvrd and the ultimate profit
to be gained.
Then, when you arrive for the meeting, be
sure to look nad act the part of a successful business person.A few
pleasantries to break the ice, and begin with your presentation.
Through your proposal, you must instill
confidence that you can do all you claim for him. Guide him through the
presentation to the ultimate profits---- all for a 10 or 20 percent limited partnership
in the business, which really won't cost him anything. Of course, if he is
reluctant to give up any part of his ownership, you come back with the idea of
being hired as a consultant.
Almost all small businesses need help of
some kind. The owners get bogged down in a myraid of every day problems and
things to do. They find there just are not enough hours in the day to handle
everything that should be taken care of, and end up neglecting or putting off
some of the things they should be doing to keep the business prosperous. As a
result, the long struggle for business survival begins, with more than 60% of
them selling out at a loss or just closing up shop.
The other way to " cut yourself
in" on a piece of someone else's business is to supply needed money. If
you can come up with 10 or 15 thousand dollars, you can easily "buy
into" some small businesses. Be sure to look the business ( and its market
potential) over; but once you spot one that can really be a winner with just a
little bit of operating cash or money for expansion, then start figuring!
You can reach a never ending supply of
such businesses to choose from, simply by running a small advertisement in your
daily newspaper in the .Classified section under the heading of Business
Opportunities Wanted. Such an ad might read:
SUCCESSFUL BUSINESS EXECUTIVE LOOKING FOR
NEW BUSINESS VENTURES. WILL CONSIDER BUY OUT OR PARTNERSHIP. PO BOX 123, CITY
By the same token, make it a habit to look
through the Business Opportunities Available on a regular basis. Mark a few
each day and follow up. Check them out, And see what kind of a deal is being
offered. Remember, proper management and planning are basically the ingredients
to success in business; and most small businesses just do not have these
ingredients in the proportions needed to attain their greatest profit
potential.
Other people have done it, and more are
starting up every day. There's no reason why you can't do it. In most cases
little or no cash is needed. But with a little bit of action on your part, you could
quickly become a multi-business owner, and very wealthy as well.
0 comments:
Post a Comment