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| THE LAZY PERSON'S SECRETS TO OVERNIGHT WEALTH
|Business >
THE LAZY PERSON'S SECRETS TO
OVERNIGHT WEALTH
There are so many simple, yet really sure-fire ways of acquiring wealth, it's a
wonder everybody with even the least bit of ambition isn't already rich. When
you come right down to it, the only things needed for anyone to make bundles of
money are the long-range vision and the energy to put a money-making plan into
force.
One of the easiest methods of building wealth, and the one most often used by
the "smart" people, is to furnish the expertise, equipment or growth capital to
promising beginning businesses. Basically, you buy in as either a part owner or
limited partner; then, as the business grows and prospers with your help, you
reap your share of the rewards.
The beautiful part about this whole concept is that you can repeat this
procedure over and over again. You can start out with, say marketing and sales
leadership for a small, garage-type business; then with your holdings and
earnings from that business, invest in another, and keep doing this until you
own a part of twenty-five to an unlimited number of businesses. Looking at the
idea from a dollar return point of view, if you were getting $200 per month from
25 different businesses, your monthly income would amount to no less than $5,000
and that's not too bad for a fledgling millionaire.
Look around your own area. With just a little bit of business sense and
perception, you're sure to find hundreds of small businesses that could do
better - perhaps even become giants in their field - with your help.
Most small businesses need, and would welcome marketing, promotional,
advertising, and sales help. If a quick survey of a business turns you on with
enthusiasm about the potential profits to be made with just a few changes that
you can suggest, then you are on your way.
Basically, you set up an appointment to see and talk with the business owner
about some ideas and help that could double or triple his profits. When you
approach him in that manner, he's almost certain to want to see you and hear
what you have to say.
In preparation for your meeting, set your ideas down on paper. Put them together
in an impressive marketing or profit-potential folio. Out-line your ideas, the
costs involved and the ultimate profit to be gained.
Then, when you arrive for the meeting, be sure to look and act the part of a
successful business person. A few pleasantries to break the ice, and then begin
with your presentation.
Through your proposal, you must instill confidence that you can do all you claim
for him. Guide him through the presentation to the ultimate profits - all for a
10 or 20 percent limited partnership in the business, which really won't cost
him anything. Of course, if he's reluctant to give up any part of his ownership,
you come back with the idea of being hired as a consultant.
Almost all small businesses need help of some kind. The owners get bogged down
in a myriad of everyday problems and things to do. They find there just aren't
enough hours in the day to handle everything that should be taken care of, and
end up neglecting or putting off some of the things they should be doing to keep
the business prosperous. As a result, the long struggle for business survival
begins, with more than 60% of them selling out at a loss or just closing up
shop.
The other way to "cut yourself in" on a piece of someone else's business is to
supply needed money. If you can come up with 10 or 15 thousand dollars, you can
easily "buy into" some small businesses. Be sure to look the business (and its
market potential) over; but once you spot one that can really be a winner with
just a little bit of operating cash or money for expansion, then start figuring!
You can reach a never ending supply of such businesses to choose from, simply by
running a small advertisement in your daily newspaper in the classified section
under the heading of Business Opportunities Wanted. Such an ad might read:
SUCCESSFUL BUSINESS EXECUTIVE LOOKING FOR NEW
BUSINESS VENTURES. WILL CONSIDER BUY-OUT OR
PARTNERSHIP. PO BOX 123, CITY.
By the same token, make it a habit to look through the Business Opportunities
Avail able on a regular basis. Mark a few each day and follow up. Check them
out, and see what kind of a deal is being offered. Remember, proper management
and planning are basically the ingredients to success in business; and most
small businesses just don't have these ingredients in the proportions needed to
attain their greatest profit potential.
Other people have done it, and more are starting up every day. There's no reason
why you can't do it. In most cases little or no cash is needed. But with just a
little bit of action on your part, you could quickly become a multi-business
owner, and very wealthy as well.
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