People always want to be among the winners or victors but not everybody is ready to pay the price. You may look at Bill Gate of Microsoft or Andrew Osakwe of Summit Ministries and say to yourself “I want to be like these men or even become greater than them”. It is a good disposition and dreams but my question is always this: are you ready to pay the price? Are you ready to do some of the hard things they did? To take the decisions some of them took? It is easy to dream and above all, it is a free commodity. Nobody pays anybody any dime just to dream and vision. You can dream all you want but also be ready to do what it takes to bring such dreams to reality. The essence of this article is to show you what the successful entrepreneurs do that others don’t do; the kind of spirit they carry.
Every entrepreneur has a dream
This is one basic asset every entrepreneur has. They all have dreams because without it, they get nowhere even when others think they are somewhere. It’s like setting out on a journey without knowing where to go. You get to the ticket booking office or the bus station and say “I am traveling but I really don’t know where I am going to”. Everyone will think you have gone crazy. Its funny but that is what most young entrepreneurs do. They just set out and launch with a dream and a vision. Your dream is like a propeller, it pushes you even when you feel like giving up. It is something you look up to achieve. It is only when you get there that you could say I have fought a good fight as Apostle Paul said in the Bible. This dream is not achievable over night; if it is possible then it is not a dream. It must be broken down to smaller achievable points; for example: X years goal, Medium term goal, small term goal, et cetera. Goals will be dealt with in another article. But what I am trying to establish here is that every entrepreneur must have a dream.
Every entrepreneur has a need to meet
What makes you an entrepreneur is the fact that you have been able to identify a need you are meeting. Every element of being successful entrepreneurs inter connects with each other. For example, meeting a need must be factored into your dreams or else you will have something missing and hat can frustrate you big time when you launch out. As you might have seen in my other articles at http://www.chamotservices.blogspot.com, you must be willing and able to create value by providing answers to questions or solutions to problems for you to be a successful entrepreneur. People are always wiling to pay for quality solutions, for things that make life easier, things that help do things faster and smarter, et cetera. The reason why Mr. A would prefer to pay the laundry man more money to wash his suite than what he would spend on soap and wash by himself is simply because the laundry man’s job is to wash and he is most likely going to wash it better and faster. Mr. A would have saved his energy and time for his core business.
There is always this driving force to succeed in every successful entrepreneur that separates them from others. That is the same reason several people may start a business but along the line, some fall off why others take over the entire business. We will dwell more on these aspects in the part two of this article.
Friday, November 27, 2009
Thursday, November 26, 2009
Some Wealth Creation Secrets
Everybody wants to get wealthy including children and adults from different backgrounds. We all strive hard day in day out to do something to get wealth. There is this need in everybody to make money and make it quickly, especially for the male folks. Everyman wants to responsible and be able to take care of his immediate family. That is why they go all out scavenging and hunting for something to do to get money but man a times we all miss the mark because of our orientation and perception about wealth, riches and money in general. Many just desire to get this money at all cost or what repercussion the means of getting it might have on them or their children in the future. They say “the end justifies the means” not knowing that the means have its own place in the future. This article is to enlighten you and show you a little secrete about wealth creation that has been ignored by many.
The secrete to wealth is helping other people find answers to their questions or helping others solve their problems. As simple as it may sound it is a sure way to your financial independence. There is really nothing more to explain about this than to show you a scenario on how you could become wealthy by helping others find answers. This article will help you paint various pictures in your mind on several ways you could creatively make the world you have always dreamt of.
Let us use the following scenario as a case study:
Mr. A owns a transport company and he has about fifty taxis in his company. Each taxi uses about one liter of fuel every one hour. That means the company consumes about fifty liters of fuel every one hour, making it about one thousand two hundred (1,200) liters daily if they work round the clock. Lets assume a liter if one dollar ($1); it means each taxi uses about $24 worth of fuel making it about $1,200 daily for the company. If Mr. B comes up with an idea that could save the company about $700 from the daily expenditure while still running round the clock with the same quantity of fuel, do you think Mr. A’s company will not be willing to pay Mr. $200 for such an idea? Or even more than $200. If Mr. B does this for about five companies as a start, this gives him about $1,000 daily, $30,000 monthly and $365,000 annually. Awesome you would say, right? But this could in different ways, it could just be helping to students remember what they were taught in the class room before their examinations or tests comes up like an extra curricular class, it could be just helping potential entrepreneurs do feasibility study about the businesses they are about starting, it could be helping job seekers find the right jobs and helping employers hired the right candidate for their vacant positions, it could be helping a large company follow up on customers and so on.
Life could actually be easier if everyone realizes this and just be discipline enough to put it into practice. If this is true, that means there is no need to kill somebody for ritual just to get money because when you do that you are not answering nor solving any problem for anybody, there will be no need to scam others of their hard earned money because when you do that, you are creating more problems than solving the existing ones. Your struggle maybe, how do I know what problem to solve or whose problem should I solve? I would advised you go to my blog at http://www.chamotservices.blogspot.com and read some other articles there, especially the one I talked about the V.A.L.U.E. Wealth Creation Principles and subscribe to my email feed or simply bookmark the blog page to keep you informed of my article updates.. I believe this will greatly help you. And one more thing I like to say though it will further buttress in my next articles is ‘be hungry and passionate about your dreams’ and never ever quit fighting for it because quitters never win and winners never quit.
The secrete to wealth is helping other people find answers to their questions or helping others solve their problems. As simple as it may sound it is a sure way to your financial independence. There is really nothing more to explain about this than to show you a scenario on how you could become wealthy by helping others find answers. This article will help you paint various pictures in your mind on several ways you could creatively make the world you have always dreamt of.
Let us use the following scenario as a case study:
Mr. A owns a transport company and he has about fifty taxis in his company. Each taxi uses about one liter of fuel every one hour. That means the company consumes about fifty liters of fuel every one hour, making it about one thousand two hundred (1,200) liters daily if they work round the clock. Lets assume a liter if one dollar ($1); it means each taxi uses about $24 worth of fuel making it about $1,200 daily for the company. If Mr. B comes up with an idea that could save the company about $700 from the daily expenditure while still running round the clock with the same quantity of fuel, do you think Mr. A’s company will not be willing to pay Mr. $200 for such an idea? Or even more than $200. If Mr. B does this for about five companies as a start, this gives him about $1,000 daily, $30,000 monthly and $365,000 annually. Awesome you would say, right? But this could in different ways, it could just be helping to students remember what they were taught in the class room before their examinations or tests comes up like an extra curricular class, it could be just helping potential entrepreneurs do feasibility study about the businesses they are about starting, it could be helping job seekers find the right jobs and helping employers hired the right candidate for their vacant positions, it could be helping a large company follow up on customers and so on.
Life could actually be easier if everyone realizes this and just be discipline enough to put it into practice. If this is true, that means there is no need to kill somebody for ritual just to get money because when you do that you are not answering nor solving any problem for anybody, there will be no need to scam others of their hard earned money because when you do that, you are creating more problems than solving the existing ones. Your struggle maybe, how do I know what problem to solve or whose problem should I solve? I would advised you go to my blog at http://www.chamotservices.blogspot.com and read some other articles there, especially the one I talked about the V.A.L.U.E. Wealth Creation Principles and subscribe to my email feed or simply bookmark the blog page to keep you informed of my article updates.. I believe this will greatly help you. And one more thing I like to say though it will further buttress in my next articles is ‘be hungry and passionate about your dreams’ and never ever quit fighting for it because quitters never win and winners never quit.
Wednesday, November 25, 2009
Real Estate Internet Business
Real estate as we know involves landed properties. The business may include the buying and selling of lands and buildings, the leasing of lands and buildings for residential and/or commercial purposes. Most real estate professionals make money from the sales or from the rentals. The purpose of this article is to show you and bring to your understanding how the internet can serve the purpose of a real estate business. They both have some common underlying principles.
The internet is a world of its own and like our world space (like lands) in form of websites could be sold or leased out for personal or commercial use. For example, I could host a website for my personal hobby or host a website for my business. Either way, I will be paying a fee to the hosting agent (like the landlord). You maybe asking now, how then do I make money as if it’s the real estate business? It is simple, you can host your own website, build it and create a niche for it and allow people to use it for their businesses. It’s like buying a land, building a shopping mall on it and allowing people to rent it for their businesses. People will pay you for the space they are occupying in their websites or even a blog. For you to achieve this, you must first make sure your website has good Google and other search engines ranking and it’s quite popular with quality information and content. It should also have good Alexa traffic ranking. Other businesses will pay you to occupy a space in your website or blog if it is highly ranked. More articles on how to create highly ranked and quality content pages in my blog.
In the physical real estate business, buildings can be developed and sold for profits; the same goes with the internet real estate business. You can buy a domain name, build it and sell it. For you to sell a website the above conditions must be met and even more conditions will be required. You may want to do a research on how and why Google bought You Tube and waned to buy Face Book from Mark Zuckerberg for about $15,000,000. These sites offer almost 100% free services and yet they are been sold for Billions of dollars, why? And you will be shocked at what you may discover but the good news is, you and I can also develop such sites and sell them over. First, we need to know that it is possible to do it and every other thing will follow. This is the purpose of this article; to let you know that it is possible and show you some basic ways you can venture into it.
There are smaller ways to start this kind of business and grow into a bigger one in the future. From experience, I would advice you start by researching more on this article’s topic to get more information. Other steps you may want to consider would be to choose your hosting agent, choose the kind of business you want to build, write your content, market your domain, et cetera. This may sound too rigorous for people who know nothing about the internet so I recommend starting out with a blog. You can be very successful in internet real estate as I have described above through a blog as well. A blog is like an online diary or online journal where you write almost on a daily basis like I do at my blog. Example of a blog is http://www.chamotservices.blogspot.com. That is my newest blog about wealth creation and money making. You blog what you know and love to talk about. Personally I love blogging because it gives me opportunities to talk about what I love, what I have knowledge and experience in and also helps me to mentor others. Nobody make a daily or weekly post in a website but every blogger does that. This is why almost every good site has a blog link attached. You can even use your blog to create publicity for your website.
To get started with blogging, first you need to have an account with any of the blog hosting sites like blogger, hubpages, typepad, et cetera. I use blogger and to use them, simply go their website at http://www.blogger.com and create a new blog. The site is interactive and simple to use. But before you jump there, make sure you have written some good contents for you initial posts, have your blog url and title ready as well. One way you could also make money from a blog is joining affiliate programs and putting their referral links in your blog or allowing advertising agents use some space on your blog like Google Adsense and many others. Learn more about blogging and other money making opportunities in my blog.
The internet is a world of its own and like our world space (like lands) in form of websites could be sold or leased out for personal or commercial use. For example, I could host a website for my personal hobby or host a website for my business. Either way, I will be paying a fee to the hosting agent (like the landlord). You maybe asking now, how then do I make money as if it’s the real estate business? It is simple, you can host your own website, build it and create a niche for it and allow people to use it for their businesses. It’s like buying a land, building a shopping mall on it and allowing people to rent it for their businesses. People will pay you for the space they are occupying in their websites or even a blog. For you to achieve this, you must first make sure your website has good Google and other search engines ranking and it’s quite popular with quality information and content. It should also have good Alexa traffic ranking. Other businesses will pay you to occupy a space in your website or blog if it is highly ranked. More articles on how to create highly ranked and quality content pages in my blog.
In the physical real estate business, buildings can be developed and sold for profits; the same goes with the internet real estate business. You can buy a domain name, build it and sell it. For you to sell a website the above conditions must be met and even more conditions will be required. You may want to do a research on how and why Google bought You Tube and waned to buy Face Book from Mark Zuckerberg for about $15,000,000. These sites offer almost 100% free services and yet they are been sold for Billions of dollars, why? And you will be shocked at what you may discover but the good news is, you and I can also develop such sites and sell them over. First, we need to know that it is possible to do it and every other thing will follow. This is the purpose of this article; to let you know that it is possible and show you some basic ways you can venture into it.
There are smaller ways to start this kind of business and grow into a bigger one in the future. From experience, I would advice you start by researching more on this article’s topic to get more information. Other steps you may want to consider would be to choose your hosting agent, choose the kind of business you want to build, write your content, market your domain, et cetera. This may sound too rigorous for people who know nothing about the internet so I recommend starting out with a blog. You can be very successful in internet real estate as I have described above through a blog as well. A blog is like an online diary or online journal where you write almost on a daily basis like I do at my blog. Example of a blog is http://www.chamotservices.blogspot.com. That is my newest blog about wealth creation and money making. You blog what you know and love to talk about. Personally I love blogging because it gives me opportunities to talk about what I love, what I have knowledge and experience in and also helps me to mentor others. Nobody make a daily or weekly post in a website but every blogger does that. This is why almost every good site has a blog link attached. You can even use your blog to create publicity for your website.
To get started with blogging, first you need to have an account with any of the blog hosting sites like blogger, hubpages, typepad, et cetera. I use blogger and to use them, simply go their website at http://www.blogger.com and create a new blog. The site is interactive and simple to use. But before you jump there, make sure you have written some good contents for you initial posts, have your blog url and title ready as well. One way you could also make money from a blog is joining affiliate programs and putting their referral links in your blog or allowing advertising agents use some space on your blog like Google Adsense and many others. Learn more about blogging and other money making opportunities in my blog.
Monday, November 23, 2009
How to Make Money Work for You
Money is the best servant and the worst master. There is nothing more true than the preceding statement. Money can be a servant to Mr. A and a master to Mr. B; it all depends on how we handle it and the perspective at which we see it. Money is meant to be controlled and used wisely. Often times, i discover that, it is the poor that usually make money their master because it is kind of scarce among them. The scope of this article is basically about how to make money your servant; that is how to make money work for you even when you are asleep. First, I am going to give you few basic steps in creating this money;
• Look for a need to meet; create value people will be wiling to pay for.
• Put yourself in the position to meet the need
• Innovate ways to meet the need
With the aforementioned steps, money will always be flowing in your way because wealth always flows towards the direction of value. You can find more about value wealth creation at http://www.chamotservices.blogspot.com. It is after this that we can then start thinking of how to make the money we are getting as a payment or reward for the value we are creating. You may be asking, how does money really work for someone? The answer is not far fetched; money works for you when you don’t have to be physically present in a place before you make money or get paid. For example, I don’t have to be in the stock market when i am being paid my dividends. The basic way to make money work for you is through Investment. Money invested will always work for you now and in the future. There are several things you could invest your money into, for example:
• Shares
• Bonds
• Treasury Bills
• Small Businesses
• Real Estate or Property Market
• Metals like Gold, Silver, etc
• Crude Oil
• Forex Market
• Grains
• And many others
When you invest, your money stands for you and you don’t have to be physically present to do the business you have invested in but you get returns based on the agreed terms regularly. It is advisable; you invest if you intend to have a great financial freedom. Making money work for you is like saving for the rainy day. Everyone will definitely get to a point in the future when they are not physically strong to work for somebody or for themselves because of old age. In such periods, the major surviving tool to keep alive would be the money you have kept aside to work for you long before then.
I strongly encourage you to start thinking of making money work for you and incase you are still contemplating 'if to' or 'if not to start', here are some reasons why you should start now. Putting your money to work for you helps you:
• Prepare for retirement
• Put an inheritance in place for your children's children
• Provide for yourself when you are too sick or too old to go to work
• Do good without bitterness
• Become financially free
• Live beyond your salary and business profits
The mindset that you have money somewhere working for you even sets you free from some bondages and gives you options every time. In recap, I said: create value to get money and invest the money you get.
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