Ideas on How to Become Rich
Hi from today onwards, I am going to share with you steps of following great successful business leaders and entrepreneurs so that all of us need not re-invent the wheels when they are already there.
There are thousands of billionaires and thousands of millionaires who are out there , waiting to be our mentors, waiting to impart their knowledge and expertise to us. Why take the long route to success and riches when you can take a leap-frog approach to becoming rich in a shorter time.
Time is money. So why waste years learning the rope when you can shorten this by learning from the best by tapping on their brains and the ways they do things.
Successful and rich business people such as Donald Trump even share his secrets to success on national TV with reality shows such as The Apprentice; Martha Stewart shares her culinary and household tips which shows us the other face of a shrewd business brain.
Before I jump into rolling out the secrets and tricks of becoming rich quickly, I would like to first of all, propose to all of you that a systematic approach to acquiring riches and power is secondary to being a passionate and enthusiastic person who succeeds with lots of money and power. Without the fire of wanting to succeed at all costs, even the best teachers will lead us no where.
So, first things first. Learn the truth about yourself. Learn the innermost desire of yourself and how best you want your life to be before copying what others do for a living. In this way, the learning curve is shortened and the fulfillment of hope is higher.
The first person I want all of you to learn from is Donald Trump. That man has guts, gumption and passsion to move things in this direction. He has enough fire power to ignite the whole army. He has charisma, discipline and hardwork which are vital resources to be armed with.
Not all of us has charisma, discipline nor hardwork in our blood. But we can still learn some useful tips from this great tycoon. The basic belief is that he trusts himself and trusts himself to do the best job ever. Such confidence and passion greatly push him forward to thrive in a competitive business environment.
The next strategy which Donald Trump does is that he studies the market situation and looks for trends and areas of opportunities where he could take advantage of. His business acumen and speedy decision are movers for his success. Some people have business acumen but lack guts and decisiveness. Trump has both . This has helped him even during the 2009 financial crisis. He is able to move with the times. He is able to use talents in his organisation and he is able to learn from others who are more successful than he is.
So from learning about the strengths of Donald Trump and our own strengths, we are able to rethink of new strategies for our own niche market, whichever it is. Creating his own identity without blindly followig others Donald Trump's trump card of success and riches.
So why learn things the hard way, when you can observe the success story of people like Donald Trump, Murdock, Bill Gates and Richard Branson whose life stories can help you to quantum leap your learning process of becoming rich and successful.
I will give you further tips on Donald Trump in the next blog . Thank you for reading and cheers
Sally Klaus
Ideas on How to Become Rich
Ideas on How to Become Rich - Following the steps of great successful examples
Ideas on How to Become Rich - how to build a business like a building that can be strong and lasting
Ideas on How to Become Rich
Hi good day to all of you. To become rich, we cannot be workers getting mere salary and little packages of perks such as medical leave, holiday trips etc., we must build a business that can last and can build up wealth and capital for the long haul.
Yes, how to build a business that lasts? First of all, the concept of starting a business is like building a new house. This means that you have to think of that house in mind first; what kind of appearance, what kind of structure and what kind of style you are going to design for yourself so that you can be comfortable and feel great. The foundation is very fundamental to any house so is any kind of business. Many people do not have strong foundation ; they are very impatient, restless and thrusting so much so that they cannot succeed in the long run. Business life is like running the marathon . You have to have a good strong (physique) foundation before you can start running. Similarly before you get into business, you must gear yourself with a strong foundation like a brick house solid on a great foundation of rocks.
Although there are many impatient and restless entrepreneurs who succeeded for example, Richard Branson, he is one of those who already had visions long before he jumped into business. Generally businesses are not grown the "Virgin" way. You can see that very successful and rich magnates or tycoons are those that build a strong business base and then continue to sustain with proper customer servicing and innovative new products to continue to keep their customers.
First of all, you have to build up a strong customer base. You have to set your perimeter and your plot so that you can grow the right customers, the right kind of products and the right kind of tactical plans and strategies to use. The land on which your house is to be built must be a good piece of land - meaning a good location if you want to start a brick-and-mortar business instead of an e-commerce business.
The right customers must come from your list of prospects, friends, networking groups, neighbours, schoolmates and all possible leads you have in your life-time if you want to really start a business with a customer base. Then you run the list and create a database of the profile of your potential customers among the people in that list. Once you have a strong database to work with, you can decide to go niche marketing or segmentation marketing according to their profile such as income, status, age group etc..
Next, you have to create the right kind of products or services which you think you are good at. Like most business people, it is their love for some kind of product, some kind of hobby that enables them to become rich and powerful in due course. Bill Gates with a passion for computer technology; Richard Branson with his interest in entertainment and music; Warren Buffett with his passion in the stock market and others who develop their passions into money-making machines and businesses that last a life time for them. Today, all of them are very rich and famous.
So, like Stephen Covey who said, begin with the end in mind, you must first think of the concept of a beautiful solid ( business) house with beautiful "plants and flowers" by getting the right kind of customers who love your stuff and will support your venture.. then you are on the road to success.
The starting part of any journey is never easy. However it is not that difficult too. It is planning properly first. Even for a simple day trip or outing, you must get all your stuff ready in a backpack, so is business.
Get the things you need before you start your venture into the world of riches and wealth and create value for yourself and others. The world is your oyster. Destiny is in your own hands because we are architects of our future. Start now...
Good luck to your building of a new business. Passion is vital to ignite the fire for the first leg of the venture. A house or business may start with strong foundation (customers, skills and passion) and it is worth the effort once the building materialise into a magnificent outstanding monument of great size.. This is your vision and your dream.
Money is within your reach if you can just put your vision, passion into action by building a strong foundation in whatever you are doing well. This will give you a headstart into a life of money and riches when the time comes.
Have a wonderful time creating the "building" (business ) of your dream and also a bountiful life of riches and luxury to enjoy when the business succeeds.
Sally Klaus
Ideas on How to Become Rich
Ideas on How to Become Rich - Ownership Responsibility and acquisition
Ideas on How to Become Rich
Hi greetings once again. Today I would like to share tips on ideas on how to become rich through one very basic principle of success. The idea of ownership responsibility and acquisition.
To be rich can be done in many ways. The"lucky" way is through inheritance and proper management of family wealth. This is only available to less than 10% of the world's population . This lucky lot of people are born rich so that the idea of how to become rich is not important to them. However for all of us out there, about 80 to 90% of us in the world, becoming rich needs a lot of preparation, lots of hardwork and sweat as well as planning how to become owner to the wealth that is to come.
First of all, there are many ways to acquire ownership. You can work for it, purchase it or negotiate for it or even grab the opportunity when the time comes.
To become an owner of great wealth, you must have the mindset of being ready anytime, anywhere to spot the trend towards acquiring wealth and material gains. We have to do all the acquisition in a lawful and proper manner so that the riches can stay with us longer and we can also be proud of our achievements if we gain wealth in a decent , consistent , hardworking and smart way.
Ownership is the reward for creativity and innovation as well as business acumen . This great responsibility is to be given to people who are able to create value for others so that we can become rich in a value- creation kind of resource enhancement . Professional writers, artists, inventors, retailers and dealers have all awarded their ownership rights because they have the marketable ability or talents to enable others to grow with them. In so doing, they are creating wealth for themselves and for others.
Many people think that inventing or drawing or writing is difficult. Actually it depends on many personal factors.
The most important one is to have the self belief in that product or service. Writers like Rowling did not become rich overnight, it is through lots of hardwork and continuous writing and improvement that her Harry Porter books become a household name. Her product is the effort of responsible ownership of perseverance and continuous innovation of the story and her belief in a profitable readers' market. That is why today she is one of the richest women in Britain. Other writers in China and Hong Kong who write kungfu books have also commanded great riches and live in luxury in the Far East.
Also you can paint your way to wealth and riches if you can use the right colour, the right technique and also your product must be able to command a market for buyers to buy your paintings. Many Western and Chinese painters have become rich through this means too.
Other personal ownership of talents can be in the form of personal expertise in analysing management decisions, stock market prices, the trends of consumer behaviour etc. This kind of talent and skills have helped countless people to become rich in the United States such as Michael Porter, Waterman and those who are management gurus. They own a name for themselves and enjoy riches and wealth as a result of their ownership responsibility and acquisition of skills to further enhance their status and wealth.
So let me assure you that getting that ownership status and responsibility lies with you. To be able to have that ownership acquisition is not difficult and can be done in ways that you yourself already know but may not have started to do yet. What are your best assets that you can convert to be your own brand name? Even Anthony Robbins did not begin rich, he became rich through learning and finding his niche and skill ownership which is now history. He is a good example for us to follow in the step to become rich and famous.
Before I end, I would like to mention that playing sports and games can also help you to become rich because in the field of basketball, football (soccer) or even golf, many people David Beckham, Michael Jordan, have become rich and powerful through ownership acquisition of skills, responsibility and proper management of that talent.
Don't hesitate. Think about the skills which you have ownership and turn your skills into a brand if you keep your eyes and ears open to opportunity and willingness to give your best shot!
Have a right attitude and your aptitude will do wonders. Keep reading and have a nice day
Sally Klaus
Ideas on How to Become Rich
Ideas on How to Become Rich - finding the ideal customers
Ideas on How to Become Rich
Hi , today I will be discussing the search for ideal customers in order to become rich and powerful.
First of all, we have to search for the ideal customers in order to serve them well and grant them satisfaction so that they in turn give us the profits we need in order to become rich.
You have to create a clear vision or picture of your ideal customers by deciding who that customer is. Who are you looking for?
Let me give you some examples:
If you are running a child care centre, your ideal customers would be mothers or mothers-to-be. These mothers have to be employed and have salary of a certain level for example, above $5000 per month (high annual income of about $60000 or more). They would be having at least one or two children or intending to have children.
If you are doing a fine dining business, then your ideal customers would be professionals or executives in a high income bracket and earning lots of money and people who would have money and time to spare on evenings for relaxation and good food. Your target would be successful professionals between ages 30 to 50.
If you are thinking of service industry such as hair dressing or grooming , then your target would be successful and wealthy women between ages 35 to 5o who have the money and the time to look good etc..
This is the way to think of searching for ideal customers and you have to narrow your market segmentation to a good target group, so as to achieve maximum returns and minimum wastage of resources.
How you become rich in this search would be to find the right customers, right market segment and the right product to serve them and give them satisfaction which in turn becomes your profit and money to make you rich.
Thanks for reading and hope you start thinking of the ideal customers.
Sally Klaus
Ideas on How to Become Rich
Ideas on How to Become Rich - Focus on the Revenue Plan to be Rich and Successful
Ideas on How to Become Rich
Good morning I am going to share the focus on Revenue Plan to be rich and successful.
In any movie production we always see the camera man and the director shouting ready, focus and action. First the lights must come on before the camera can shoot the scenes. So similarly in the movie of our own rich and successful journey, we need to switch on the lights so that we are able to focus on the revenue plan, which helps us to reach our goals of being rich and powerful.
The light must shine on the projects or ideas we have been thinking about. Goals of becoming millionaires and rich tycoons are not difficult to achieve if only you have the lights shone on the right directions and focus on the right methods of achieving the goals - the gold pot at the end of the rainbow.
To shine the light properly you need a revenue plan - what is this?
This is simply a detailed description of what business of being rich and successful should be. It is easy to write this revenue plan.
If you want to have a business selling things, then all you have to do is to list the things you want to sell and the prices you want to charge for them. Look around what others are doing and maybe just provide similar prices for the same items. In order to make the prices attractive, you can throw in cheap gifts which entice people to buy. Human beings, by nature, love gifts and presents - this is because of the material tangible things which make them think they have arrived at material comfort and wealthy living. So, if you sell something and throw in some gift of sorts, plus a reasonable price you charge, you get people who will buy your stuff.
Then you study the period you want to sell these stuff and then get results are regular intervals such as monthly or quarterly if you are a retailer. If you are not a retailer or producer but a service provider, then you still have to get the revenue plan for the services you charge and then , adjust your prices according to what the people can pay for your services.
Once your revenue plan is up, you now have to plan for the most appropriate ways of getting your customers to come and buy your goods or services. YOu identify your ideal customers, then you generate prospects and leads . After that you convert your prospects into customers by interacting with them either through publicity promotion efforts or through networking efforts.
Networking with prospective clients and friends are very important for any business to be successful . Once you are able to get the first few people to believe in your products and services, you can then strike it rich and this is how your business will grow.
Always think of the big picture with the end in mind. How much do you want to make, how rich you want to be and how fast you want to reach the height of your wealth and success?
The 3 questions which you have to think about would be:
a) Where do you need to start? This means what kind of business you want to be in; what is your desired area of business?
b) What will get you there? This involves your revenue plan and your strategies of reaching out to customers and friends. Let them know what you are dealing in or what business you want to be in?
c) The road map or directions you want to move towards riches and wealth.
Like Napoleon Hill, "think and grow rich" is not difficult, it is the plan and the thinking big picture that will enable you to visualise your pot of gold at the end of the rainbow. Go for the pot of gold now! Do not wait because time is money and the faster you get on your feet to think big, the faster your revenue plan is drawn up, the faster you can get to the final level of becoming rich and powerful.
If Richard Branson, Donald Trump and Bill Gates can do it, why not you? I have achieved my millions years ago, and I am only a woman, so can you! I am sure you can too!
Thank you for reading and have a nice day ahead.
Sally Klaus
Ideas on How to Become Rich
Ideas on How to Become Rich - Finding wealth DNA inside you
Ideas on How to Become Rich
Hi I would like to discuss the idea of finding the wealth DNA inside you.
Finding your strengths or your unique strengths and talents (UST) is like searching for the wealth DNA inside you.
Often times we do not really search our hearts and souls for the real reason why we are not able to be powerfully rich and successful. This is because many of you do not spend time searching for the wealth DNA inside you or what I refer to as the unique strengths and talents (UST), which is similar to the marketing concept of USP (Unique selling points) so we have our very own unique strengths which we should tap on to become rich and powerful.
People like Jack Ma, CEO of Alibaba from China are not even handsome or tall. They are hideous to the point of being labelled ugly. Yet their physical appearance did not deter them from seeking their personal DNA or UST.
One of the things which the rich and powerful people in China mentioned very often is the strength that is within you must be harnessed so that you can face all odds. Now, China has thousands and thousands of millionaires and billionaires. They live very luxurious lives and can compare with the Western tycoons such as Bill Gates or Donald Trump.
They are not tall nor handsome nor rich to begin with. They are mere ordinary human beings who found the right wealth DNA or their inner strength through UST utilisation. They dare to use their talents such as singing if you have, dancing if you have, working 18 hours a day if you must and a persistent spirit of NEVER, NEVER , NEVER GIVE UP (words taken from Winston Churchill during the Second World War when he was the Premier of England) .
I too become rich in believing in my own strength of using hardwork and perseverance. Dicipline yourself to search for what you are looking for, and you will sure to succeed. It is digging for diamonds or searching for oil in the deep. The harder you dig , the greater will be your find. However many people give up halfway when they are about to succeed and this is very sad. Their loss is unaccountable.
I want to end with a story which touched my heart very much. There was once a man who bought a piece of land. This land was said to have oil beneath it. The man started by digging and drilling. This went on for months and he still did not find any oil or mineral underneath the piece of land he bought.
So after so many months of effort, money and time, he decided to give up and sold the land cheaply to a friend, who felt sorry for him. So when the friend bought over, he continued digging since the place was full of holes and craters as a result of the digging.
After a short while, less than a month later, he found oil and other minerals underneath. It took him by surprise because if only his friend had not given up, he would have the wealth under his land!
So this story is told to remind us that we must never give up our belief in ourselves. We must persevere and continue to search for the right wealth DNA or UST and work hard at digging and drilling in order to achieve our dreams.
In this way we can become rich and powerful in no time at all. I hope you like the story I shared. It gives me hope each time I want to give up on someone or on something dear.
Keep smiling and searching for your UST, who knows? The day is coming soon when you strike oil or wealth by using your UST to the fullest.
Sally Klaus
Ideas on How to Become Rich
