There
are so many simple, 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.
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