Tuesday, October 29, 2013

How People Make Millions Out Of Nothing

By Ronald C. Payne


Don't you believe that anyone would love to know how to make a million dollars? Think about it. If a person attained $200,000 annually they might produce a million dollars in five years.For you to know how to produce a million dollars doing the job you love, you will have to research every book you'll find about your business. You will have to put back money by way of a mixture of overtime pay, raises, your base salary and bonuses. If you're going to become one who is able to improve your take-home pay, you are going to have to go up the ladder and become one who is in charge.

MAKING A FORTUNE FROM SCRATCH: Dhirubhai Ambani's story from rags to riches His rags to riches story, is very inspiring. He worked as a petrol pump attendant. He did not have any college degree. He had no money but had unlimited desire to become rich. He learned everything about business and trading while working at his job. Soon he realized that he was not made for such a small job. He started a small business of trading polyester yarn and soon mastered everything about this business.Soon he realized that polyester business was going to be very profitable in the future. Using his for sight, knowledge and some smart planning he made millions in the polyester industry. There were thousands of businessmen at that time but why only he was able to find this opportunity. It's all in your mind. You have to back yourself and always be on the look-out for a new opportunity. Now his company hires top talent form around the world. So even if you are working as an employee you must have a goal in mind and that goal should not be to die on that desk behind which you have been slaving for the past 10 years. You must look to the future and keep working on a plan, learning everything about business, finding ways to create wealth out of nothing. Thousands of opportunities available to do business in a legal way: It is important to note that "smart work" does not mean illegal ways to earn money. It just means that you are more aware of the opportunities around you as well as your own strength and weaknesses. All the methods that you will use should involve legal ways of making money. To snatch the rights of others is no way of getting rich.

Now Bill Gates and Richard Branson got lucky, they did not complete college but they learnt these skills from the circle of people they were with. Not every one of us is so lucky to have such a circle. And some might be born with the skills that tell them how to make millions. So if you are not born with the skills and do not have the proper circle of contacts, there is only one thing to do - join a business school.

Do you notice that some rivals only do what's necessary to maintain their business and just keep themselves afloat? This is the reason why you keep the mind on your own enterprise, full steam ahead until you have reached the exact level you imagined, and beyond. Then your family are living on dividends from the business and you have hired others to do your job.Remember the money you have been storing whilst you have been so busy? Now, it is adding to and that cash is earning more income.

On the other hand, you have graduates from Harvard who are educated and enlightened and are so because of their close association with the brightest minds in the world. These students know how to make millions because they have learnt about the world and its ways from the undisputed experts and when they go out into the big bad world, they have learnt how to be prudent and what are the best practices and hence they prosper financially.




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