There are so many imple, yet really sure-fire ways of acquiringwealth, it's a wonder everybody with even the least bit ofambition isn't already rich. When you come right down to it, theonly things needed for anyone to make bundles of money are thelong-range vision and the energy to put a money-making plan intoforce.
One of the easiest methods of building wealth, and the one mostoften used by the "smart" people, is to furnish the expertise,equipment or growth capital to promising beginning business.Basically, you buy in as either a part owner or limited partner;then, as the busines grows and propers with your help, you reapyour share of rewards.
Look around your own area. With just a little bit of businesssense and perception, you're sure to find hundreds of smallbusinesses that could do better--perhaps even become giants intheir--with your help.
Most small businesses need, and would welcome marketing,promotional, advertising, and sales help. If a quick survey ofbusiness turns you on with enthusiasm about the potential profitsto be made with just a few changes that you can suggest, then youare on your way.
Basically, you set up an appointment to see and talk withbusiness owners about some ideas and help that could double ortriple their profits. When you approach them in that manner,their almost certain to want to see you and hear want you have tosay.
In prepartion for your meeting, set your ideas down on paper. Putthem together in an impressive marketing or profit potentialfolio. Outline your ideas, the costs involvrd and the ultimateprofit to be gained.
Then, when you arrive for the meeting, be sure to look nad actthe part of a successful business person.A few pleasantries tobreak the ice, and begin with your presentation.
Through your proposal, you must instill confidence that you cando all you claim for him. Guide him through the presentation tothe ultimate profits---- all for a 10 or 20 percent limitedpartnership in the business, which really won't cost himanything. Of course, if he is reluctant to give up any part ofhis ownership, you come back with the idea of being hired as aconsultant.
Almost all small businesses need help of some kind. The ownersget bogged down in a myraid of every day problems and things todo. They find there just are not enough hours in the day tohandle everything that should be taken care of, and end upneglecting or putting off some of the things they should be doingto keep the business prosperous. As a result, the long strugglefor business survival begins, with more than 60% of them sellingout at a loss or just closing up shop.
The other way to " cut yourself in" on a piece of someone else'sbusiness is to supply needed money. If you can come up with 10 or15 thousand dollars, you can easily "buy into" some smallbusinesses. Be sure to look the business ( and its marketpotential) over; but once you spot one that can really be awinner with just a little bit of operating cash or money forexpansion, then start figuring!
You can reach a never ending supply of such businesses to choosefrom, simply by running a small advertisement in your dailynewspaper in the .Classified section under the heading ofBusiness Opportunities Wanted. Such an ad might read:
SUCCESSFUL BUSINESS EXECUTIVE LOOKING FOR NEWBUSINESS VENTURES. WILL CONSIDER BUY OUT ORPARTNERSHIP. PO BOX 123, CITY
By the same token, make it a habit to look through the BusinessOpportunities Available on a regular basis. Mark a few each dayand follow up. Check them out, And see what kind of a deal isbeing offered. Remember, proper management and planning arebasically the ingredients to success in business; and most smallbusinesses just do not have these ingredients in the proportionsneeded to attain their greatest profit potential.
Other people have done it, and more are starting up every day.There's no reason why you can't do it. In most cases little or nocash is needed. But with a little bit of action on your part, youcould quickly become a multi-business owner, and very wealthy aswell.