The Five(5) Solid Businesses Or Enterprises You Can Start To Become A Millionaire Without The Next Four Years, These Businesses Involves No Ricks. Part 1.
If you have read about Think and Grow Rich, the 13 principles to obtain riches including wealthy you have come across things like Persistence and Patience.
I hereby give you the 5 Ideas/Business to make you a millionaire in the next four years.
By reading and having knowledge of this ideas will make you nothing but the same person as before but this article to make you different you must put in action what you have read.
Most of the time, we hear about this business ideas but we have not put in application we know already, reading this will not help you but when you put things into applications.
This ideas come up with imagination with a Millionaire ideas business.
You must consider the following when choosing a perfect idea for your business.
Whether the business ideas am writing in this article are perfect for you or you can write yours but this is my perfect and best business in according to the following conditions.
# Geographical location.
# Product and Services.
# Resources.
# Market.
# Transportation.
# Competition.
# The five business to make you rich in the next five years.
Always remember that it takes three years to construct a successful business with persistence and the fourth year is a year of show up of your Success in that business.
I hereby start from bottom of less profitable to more profitable business nevertheless the condition above must be considered.
5. MANUFACTURING BUSINESS.
Manufacturing is the transformation of raw materials into finished products, usually on a large scale.
This is one of the best business which can earn you millions of dollars after the four year period.
# Why should everyone involve in Manufacturing business.
– Manufacturing business is one of the cheapest business everyone can start. This is because the materials which are transformed into finished products are cheaper or costs zero e.g. the soil can be turned into Clay plates.
– There is no high competition like other kind of business. This is somehow free competitor business because most of the finished products tend to be unique from others people’s business.
– In manufacturing business, there is high profit margins. When the finished product is sold there is a high revenue remaining from the manufacturing process to the products after the manufacturing hence this gives you a high profit.
– You gain the ability to new skills as in the manufacturing business. During the process of manufacturing there is a higher percentage to learn new things and some of these new things are vital in the business world.
– Manufacturing business is risk free as everything is physical. The business to be physical I mean that you can see everything you are doing and there is also the use of assets like machines.
# Five guidelines to help you become successful in Manufacturing business.
I) Put everything in records.
Every successful business must be in correct account with recording as in all calculation the expenses and others, the expenses in the manufacturing business include Transportation, Renting, Daily feeding among others.
Here you must record the past, the present, the future. The past will help you overcome the dangers you faced in the past due to careless mistakes. The present will help you predict the future and avoid coming mistakes. The future works like a vision to where you want to go on with your Manufacturing business.
Putting everything in records is very important that is one of the cornerstone of your business and to make all this better is to record down all things even your failures and success, record even the minor steps in your business. Everything is possible provided that you are honest to yourself and to make this very possible is by recording everything down.
II) Focus on the right next step.
Always focus all your mind on the present but make sure that the right next step is observed very clearly this will help you develop in your business of manufacturing, the best way to do this is to observe the past and the present and then see the right next step.
Some of the advantages of focusing the right next step is that; – Makes you prepare for the future very well, Let you learn from the present condition to do everything in harmony, It let your manufacturing business to develop very quickly as you have a review of the future and you will get all the requirements needed for advancement of your manufacturing business.
Focusing on the right next step is that you have a desire inside you to develop rapidly and this makes you an excellent worker from other business owners, One of the successful entrepreneur wrote about this as a topic.
III) Look for advice.
One of the smartest businessman, Robert Kiyosaki said, “If you want to go somewhere, it is best to find someone who has already been there.” This is called looking for advice from someone who has made his success in manufacturing business. This is a bit harder because you are asking your competitors what they went through in order to achieve what they have.
The main reason why people look for advice is that they may have fear of failing but on the other hand is that most people know it that to look for advice in manufacturing business will enable them to avoid obstacles in future and the present, advice enables you to do everything right and stick on the most important things than just doing everything as a whole.
There are many sources of getting advice and this include experienced people, the internet, friends and family with combination of all this will help you get what you want in manufacturing business.
IV) Do everything yourself.
If you want something to be done well do it yourself this is one of the most famous saying and it’s true. Even if you have the money/capital to employ other workers to help you, make sure that in every you are involved this helps you not to blame others and makes your work smart.
While working in the manufacturing business workers must be involved but your contribution to these workers matters a lot. To prevent stealing of the equipment in the business, careless mistakes and poor working condition of workers you must be involved all this will end with you.
Doing everything yourself doesn’t mean to start being proud of yourself that you have the capacity to do all things though everything must be in control. If you lack a certain skill which is very important to your manufacturing business then you can employ someone to do that part for you under your supervision.
V) Market your Manufacturing business.
Marketing or promoting your products and services of the manufacturing . is the life of the business. There are many ways of advertising both online and offline. Some of the online ways include Emails, Social Media, Special advertising platform among others. Some of the offline ways include posters, physical place meetings as in gathering and letter writing.
Email message has a great impact to the advertisement of the audience this is because email appear to be customized.
Social Media is one of the famous advertising platform which help us to innovate all ways, you can advertise your manufacturing business through this way as it is friendly and easy to use.
Advertising platform, there is special advertising platform which can help you advertise your manufacturing business online.
Posters are also of great importance and this will help you do everything in align with your business as you can post everywhere showing the structure of your business others ways to advertise include use of special letters and special meetings.
Thank you for reading, continue reading part 2.
Site Title 