Showing posts with label Money Business advice. Show all posts
Showing posts with label Money Business advice. Show all posts

Tuesday, May 19, 2009

How to make money

Want to make some serious money? According to a very clever and wealthy self made businessman, these are the rules:- Keywords: Money Business advice, Broker, business deal, sell, buy, wealth, business

  1. Don't get involved in a business that takes up too much of your time.
  2. Be the dreamer and visionary, get others to do the work.
  3. Don't focus on a small market, concentrate on the locations that have large population masses.
  4. Never take a partner (It always ends up with pain).
  5. Worry about how to do things when you come to it. Once you have a deal, you will either work it out yourself of find someone else who can do it for you!
  6. Always sell BEFORE you buy.
  7. Do big deals, as no-one expects you to be able to pay for it.
  8. Brokering is the best business to be in.
  9. A good business makes money on it's own, without you needing to be there all the time. Once the business is setup, it must make money by being there! (for example - cellphone companies make money when people talk without them doing anything - people talk and they get rich! Obviously there are setup costs - but once the business is going - the profits must be self generating!)
 
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