There are so many simple, yet really easy ways of acquiring
wealth, it's amazing everybody with even the slightest bit of
ambition isn't already rich.
When you come right down to it, the only things needed for
anyone to make money are the long range vision and
the energy to put a money making plan into force.
One of the easiest methods of building great wealth, and the one most
often used is to provide the expertise, equipment or growth capital to
promising beginning businesses.
Basically, you buy in as either a part owner or a limited partner
then, as the business grows, and prospers with your help, you
reap your share of the rewards.
The beautiful part about this whole idea is that you can
repeat this again and again.
You can start out with, marketing and sales leadership for
a small, garage-type business; then with your holdings and
earnings from that business, invest in another, and keep cycling
this until you own a part of twenty-six or an unlimited number
of businesses.
Look at the idea from a Dollar return point of view, if you were
getting $200 a month from 26 different businesses, your monthly
income would amount to no less than $5,200, and that's not too
bad for a fledgling millionaire.
Look around your own area carfully.
With just a little bit of business sense and intuition, you're
sure to find hundreds of small businesses that could do better
perhaps even become giants in their field with your help.
Most small businesses need, and would welcome, marketing,
promotional, advertising, and sales help.
If a quick survey of a business turns you on with enthusiasm
about the potential profits to be made with just a few changes
that you could suggest, then you are on your way.
First set up an appointment to see and talk to the business owner
about some ideas and help that could double or
triple his profits.
When you approach him in that manner, he's almost certain to
want to see you and hear what you have to say.
In preparation for your meeting, set your ideas down on paper or
better yet on a laptop presentation.
Put them together in an impressive marketing or profit-potential
style slide show. Outline your ideas, the costs involved, and the
ultimate profit to be gained. Then, when you arrive for the meeting, be sure to look and act the part of a successful business person.
A few pleasantries to break the ice, and then begin with your
presentation.
Through your proposal, you must instil confidence that you can
do all you claim for him. Guide him through the presentation to
the ultimate profits and all for a 10 or 20 percent limited
partnership in the business, which really won't cost him
anything.
Of course, if he's reluctant to give up any part of his
ownership, you come back with the idea of being hired as a
consultant which can sometimes pay even better.
Almost all small businesses need some kind of help. The owners
get bogged down in a myriad of every day irritations and things to
do. They find there just aren't enough hours in the day to
handle things that should be taken care of and end up
neglecting or postponing some of the things they should be
doing to keep the business prosperous.
As a result, the long struggle for business survival begins and
with more than 60% of them selling out at a loss, or just
closing up shop.
The other way to "get in" on a piece of someone else's
business is to supply much needed money. If you can come up
with a few thousand Dollars, you can easily "buy into" some small
businesses.
Be sure to look the business and its market potential over carefully,
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
your campaign of action!
You can find 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 EXECUTIVE LOOKING FOR NEW BUSINESS VENTURES.
MAY CONSIDER BUY-OUT OR PARTNERSHIP. PO BOX 1234, CITY.
By the same token, make it a habit to look through the Business
Opportunities whenever Available.
Mark a few each day, and follow them up.
Check them out, and see what kind of deal is being offered.
Don't forget, proper management and planning are basically the
ingredients to success in any business,and most small businesses
just don't have these ingredients in the correct proportions needed
to attain their greatest profit potential.
Other people have done it, and more are starting every day.
There is no reason why you can't do it to.
In most cases little or no cash is needed.
But with just a little bit of effort on your part, you could
quickly become a multi-business owner, and very wealthy as well.
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