Monday, December 31, 2012

You Can Learn How To Make Millions As An Entrepreneur

By Andrea D. Prescott


Don't you believe that anyone would love to know how to make a million dollars? Think about it. If a person attained $200,000 annually they might produce a million dollars in five years.For you to know how to produce a million dollars doing the job you love, you will have to research every book you'll find about your business. You will have to put back money by way of a mixture of overtime pay, raises, your base salary and bonuses. If you're going to become one who is able to improve your take-home pay, you are going to have to go up the ladder and become one who is in charge.

After you have acquired a level of success such as being a companion in the business and have acquired the knowledge of each step up the business ladder, you will have all the money you have to save, spend how you want and to give to the charities you want. Because you are now capable of give, it might be a win-win situation since the more people you know and help, the more comes back to you in your business life.To survive in small business today, you have to strive to be a assured person as you are learning how to make a million dollars. Everyone can learn how to make a million dollars. Everyone can fail along the way. So, are you going to quit should you fail? You know you won't because you have it inside you to ensure success. So, you find something you are enthusiastic about and think when there is an excuse for this product or service, and you move on with your start up company.

Now Bill Gates and Richard Branson got lucky, they did not complete college but they learnt these skills from the circle of people they were with. Not every one of us is so lucky to have such a circle. And some might be born with the skills that tell them how to make millions. So if you are not born with the skills and do not have the proper circle of contacts, there is only one thing to do - join a business school.

There are unfortunate cases of immigrants from poor countries who work for decades in richer countries like the U.S. and the middle-eastern countries and save a fortune and go back to their home countries hoping to invest the money and multiply it. But these people don't know how to make millions. Tragically, they invest the money in some hair-brained business scheme, or even if it is a legitimate business, they don't know how to run it and end up losing money. The reason? Lack of business acumen due to lack of education.

Note here that initially Bill Gates started making money using someone else ideas. He did not create DOS.He improved it with additional features. Later on using the money he had made he became an innovator and hired people to come up with ideas that he could fund and then market to make more money. In the world there are two types of people. One type knows how to create a useful product but don't know how to find a commercial use for the product or don't have the means to market their product. The second type of people is those that look for the first type of people in order to market and sell their product so that both can become rich.




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