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Becoming a millionaire is just not another get rich quick scheme, it requires dedication and hardwork but at the end you have the fruit of labour. You can become a successful millionaire from scratch if you have what it takes to take it on. I am Arylic Singh, sole owner of Arylic inc. After my huge accomplishment i wanted to share my trade secrets with you all so you to can become someone one day. Warning: This is not a get rich quick scheme, it may require your dedication till 2-3 years.
So you decided that you wanna become a millionaire ? That sounds good, but be ready to loose some sweet and hardwork. This project requires a lot of positive thinking and dedication and also a touch of mental thinking.
As for my story i became a millionaire due to my struggle with everything from execution of the business to buying and selling things to people. I started small and saved from that small business and expanded to other business which enabled me to loan and buy assets which are worth over 5 million dollars. So now , not wasting anytime lets get started with making your first million dollars.
So you decided that you wanna become a millionaire ? That sounds good, but be ready to loose some sweet and hardwork. This project requires a lot of positive thinking and dedication and also a touch of mental thinking.
As for my story i became a millionaire due to my struggle with everything from execution of the business to buying and selling things to people. I started small and saved from that small business and expanded to other business which enabled me to loan and buy assets which are worth over 5 million dollars. So now , not wasting anytime lets get started with making your first million dollars.
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Signing UpStep 1Think like a millionaire
To become a millionaire you need to think like a millionaire. You need to equip yourself with new ideas and skills which would enable you to sell and make profit over an item. One of my relative is a sales person and when i asked him to help me with sales, the first thing he told me was " Here, take this pencil and convince me to buy it for $10 " and then i kept thinking and thinking , then i finally gave up. He then told me that i have potential because a real salesman never loose hope and keeps on going.
Now, to enable you to think like a millionaire, visit some rich people around you and study how they execute their daily lives. I learnt from a rich man in my town, that to become successful you need to sacrifice. Master the skill of saving, open a saving account in your local bank and that way you would be not tempted to spend.
Always think of ideas and never loose hope. Get a small notebook and a pen, go around and observe some business opportunities that facinate you. Remember you would not be successful with some thing you are not familiar with or do not know about.
Now, to enable you to think like a millionaire, visit some rich people around you and study how they execute their daily lives. I learnt from a rich man in my town, that to become successful you need to sacrifice. Master the skill of saving, open a saving account in your local bank and that way you would be not tempted to spend.
Always think of ideas and never loose hope. Get a small notebook and a pen, go around and observe some business opportunities that facinate you. Remember you would not be successful with some thing you are not familiar with or do not know about.
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Good information, just a bit hard to read sometimes!
I made the 'hire someone' joke as per the nature of the ible - being rich :D
Lastly, I wasn't saying the instructable was bad - exactly the opposite in fact. I simply said it was hard to follow sometimes because of the writing.
.hmmmm
There are a couple "secrets" in this that should not be secret.
1. Buy low and sell high. Seems so obvious but the only way you can know if you are selling at a profit is to know all your expenses. Too many people buy high and sell low. A friend of mine makes and sells necklaces. She has no earthly idea if she is making a profit because she doesn't pay attention to the cost of the "rocks" she uses.
2. Save, save, SAVE. Saving 40% is EXCELLENT advice. Following through can be hard, but it is the only way to become a millionaire. Just one thing about your math...saving 40% from one business and 40% from another business does not add up to 80%. It adds up to 40%. You cannot add percentages like that. If you thought you could do it that way, you could mistakenly think you were saving 120% or 200% or 400% on your sales.
After you are making some money, I would suggest taking a class in finance at any business school you can attend. Learn about financial ratios and capital investment to get a handle on the mathematics of making money. You can predict your future by watching your ratios.
- Buying and selling is a really risky business if you are not sure about the flow of money. As i said before, you need to plan it right before you commence your project.
- Oh....you got it the wrong way, i was trying to explain in a way that you look at the two businesses separate. I mean you get 40% which for example can be $5 and another 40% from another business which could be $5 and the total would be $10 which would in simple terms means 80%...i am not sure with this though. Thatnks for your pointers though.