10% of the world's population controls 80% of the world's money! It's a frightening statistic but it's also a very enlightening statistic, because these people are stellar examples of how to earn money. They have never succumbed to destiny; instead of blaming poverty or their poor family background they have concentrated on well thought out plans to make money without capital. Money can be made without capital. There are numerous examples of this around us and yes it's a deliberate act. Very few people just stumble upon a treasure. Most billionaires in the world today are very smart people with smart and bright ideas being the cornerstones of their successful empires. There will never be scarcity of funds for people with sound ideas and business plans. Investors keep scouring the map in search of ideas that can generate profit. Create a new and unique product, market it properly and investors will come running to you desperate for a chance to make money. In the process they will make you rich. All you need to do is make them like your idea.
Education is important. No argument here. Now you might say that Richard Branson and Bill Gates didn't finish their education and became billionaires. Well, education here does not necessarily refer to formal school and college education. If you want to know how to make millions, there are some skills you have to learn. And you can learn these skills at a business school.
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.
There are unfortunate cases of immigrants from poor countries who work for decades in richer countries like the U.S. and the middle-eastern countries and save a fortune and go back to their home countries hoping to invest the money and multiply it. But these people don't know how to make millions. Tragically, they invest the money in some hair-brained business scheme, or even if it is a legitimate business, they don't know how to run it and end up losing money. The reason? Lack of business acumen due to lack of education.
Note here that initially Bill Gates started making money using someone else ideas. He did not create DOS.He improved it with additional features. Later on using the money he had made he became an innovator and hired people to come up with ideas that he could fund and then market to make more money. In the world there are two types of people. One type knows how to create a useful product but don't know how to find a commercial use for the product or don't have the means to market their product. The second type of people is those that look for the first type of people in order to market and sell their product so that both can become rich.
Learn [How To Make Millions]
Education is important. No argument here. Now you might say that Richard Branson and Bill Gates didn't finish their education and became billionaires. Well, education here does not necessarily refer to formal school and college education. If you want to know how to make millions, there are some skills you have to learn. And you can learn these skills at a business school.
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.
There are unfortunate cases of immigrants from poor countries who work for decades in richer countries like the U.S. and the middle-eastern countries and save a fortune and go back to their home countries hoping to invest the money and multiply it. But these people don't know how to make millions. Tragically, they invest the money in some hair-brained business scheme, or even if it is a legitimate business, they don't know how to run it and end up losing money. The reason? Lack of business acumen due to lack of education.
Note here that initially Bill Gates started making money using someone else ideas. He did not create DOS.He improved it with additional features. Later on using the money he had made he became an innovator and hired people to come up with ideas that he could fund and then market to make more money. In the world there are two types of people. One type knows how to create a useful product but don't know how to find a commercial use for the product or don't have the means to market their product. The second type of people is those that look for the first type of people in order to market and sell their product so that both can become rich.
0 comments:
Post a Comment