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