Million Dollar Business Strategy !!
You guys must have heard about the different kinds of money making ways.. currently trending the Bitcoin is also have gone so long... My own faith says its not a Bubble.. it is very vast thing now!
But still many things happening around which always leads the ways to become successful in the Life!
Let me tell you a small story of my previous employer where a poor employer worked and after couple of years he has become a mutli -million dollary company... he has shared couple of things which always to be remembered which i want to share with you:
- Extend your legs only as far as your bed is - in other words - do not spend beyond your means.
- Never have a credit card and never take loan
- Never start a business on borrowed money
- Earn 100%, Save 20%, Re-invest 20%, Give 10% to Charity and live on 50%
- Negotiate with your Suppliers always. And after you get their best price - let them know you will pay 100% and then re- negotiate the price for liquid cash. That is where the money is made.
- NEVER EVER EVER believe a project is successful as long as your cash is not in your bank
- Never forget your roots. Live exactly how you lived when you started your career. The only change should be in your education, your business, your health and your family’s future.
And last do your Best and let God do the Rest!
Thank you, good summary. The one I like the most, is number 7! Warren buffett for example still lives in the first house he bought and he has never had an expensive car ;)
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