The lazy person’s secrets to overnight wealth and fame
There are so many simple but really sure ways to acquire wealth that it’s a miracle that everyone with even the slightest ambition isn’t already rich. After all, all it takes for someone to make lots of money is long-term vision and the energy to put a money-making plan into action.
One of the easiest methods of building wealth, and the one most often used by “smart” people, is to provide the expertise, equipment, or growth capital for a promising start-up business. Basically, you buy as a joint owner or limited partner; Then, as the business grows and prospers with your help, you get your share of the rewards.
The beauty of this whole concept is that you can repeat this procedure over and over again. You might start with, say, marketing and sales leadership for small garage-type businesses; then, with your shares and profits from that business, invest in another, and keep doing it until you own a share of twenty-five to an unlimited number of businesses. Looking at the idea from a dollar-yield standpoint, if he was getting $200 a month from 25 different businesses, his monthly income would amount to no less than $5,000 and that’s not too bad for a budding millionaire.
Look around your own area. With just a little business sense and insight, you’re sure to find hundreds of small businesses that could do better, maybe even become giants, with your help.
Most small businesses need and would appreciate marketing, promotion, advertising, and sales help. If a quick business survey excites you about the potential gains that can be made with just a few changes it can suggest, then you’re on the right track.
Basically, you make an appointment to see and talk to the business owners about some ideas and help that could double or triple their profits. When you approach them like that, they will almost certainly want to see you and hear what you have to say.
In preparation for your meeting, write down your ideas on a piece of paper. Put them together in an impressive marketing or earning potential folio. Describe your ideas, the costs involved, and the ultimate benefit to be gained.
Then, when you arrive at the meeting, make sure you look and act like a successful business person.
Through your proposal, you must instill confidence in him that you can do everything you ask for him. Walk him through the presentation to the final earnings—-all for a 10 or 20 percent limited partnership in the business, which really won’t cost you anything. Of course, if he resists giving up any part of his property, you come back with the idea that he hire you as a consultant.
Almost every small business needs help of some kind. Owners get bogged down in a myriad of everyday problems and things to do. They realize there aren’t enough hours in the day to handle everything that needs to be done and end up neglecting or putting off some of the things they should be doing to keep the business thriving. As a result, the long fight for the survival of the business begins, with more than 60% of them selling at a loss or simply closing shop.
The other way to “in” in a piece of someone else’s business is to provide the necessary money. If you can come up with 10 or 15 thousand dollars, you can easily “buy” some small businesses. Be sure to review the business (and its market potential); But once you find one that can really be a winner with just a little operating cash or money for expansion, then start calculating!
You can access an endless supply of such companies to choose from simply by placing a small ad in your daily newspaper in the .Classified section under Business Opportunities Wanted. Such an ad might say:
SUCCESSFUL BUSINESS EXECUTIVE LOOKING FOR NEW VENTURES. WILL CONSIDER PURCHASE OR PARTNERSHIP. PO BOX 123, CITY
In the same way, make it a habit to consult the available Business Opportunities on a regular basis. Check off a few each day and follow up. Check them out and see what kind of deal is on offer. Remember, proper management and planning are basically the ingredients for success in business; And most small businesses simply don’t have these ingredients in the proportions necessary to reach their highest profit potential.
Other people have done it, and every day there are more who start. There’s no reason why you can’t do it. In most cases little or no cash is needed. But with a little action on your part, you could quickly become a multi-business owner and very rich as well.
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