Here are what I had read from books, magazines and even on-line article. Most of the article out there will mention this.
1. The habits of a millionaire
2. Do not afraid of failure.
3. make money out of other people money.
4. invest in property, stocks, money market and many more.
5. Increase your financial IQ or knowledge
6. Start your part time business (on-line is the cheapest).
7. learn as much as you can and start you own business.
All of the habits or millionaire success secret that are listed above is true but..there is one thing that never being mentioned. that is "it take money to make money". Knowledge alone will not help much in this.
To start a business, for sure You already need Start up capital. The capital source is from family members (if they are willing), Financial institutions or your own saving. The best is from Financial institution where they can lend more to you if they feel that your business plan or proposal will work. However the usual condition is you will need to pledge something before you can get the money out. For those who coming form poor family, they have nothing to pledge.
The another factor that contribute to the success rate is "your will be client" .In this case, the making money strategy is by having your own business. Factor that you need to now is;
1.The demand for your product or service at the particular Location.
2. Household income at that particular location.
3. Marketing strategy.
4. How may competitor are there at your are.
5. How are you going to beat them without killing other people business.
In the case of on-line business, The same factor as above applied.
Hence the bottom line is You will need money to make more money. The Question is how and where to get this money?
For THOSE OUT THERE who are kind enough to tell the truth for free or for some fees feel free to comments or suggest or write your opinion here.
1. The habits of a millionaire
2. Do not afraid of failure.
3. make money out of other people money.
4. invest in property, stocks, money market and many more.
5. Increase your financial IQ or knowledge
6. Start your part time business (on-line is the cheapest).
7. learn as much as you can and start you own business.
All of the habits or millionaire success secret that are listed above is true but..there is one thing that never being mentioned. that is "it take money to make money". Knowledge alone will not help much in this.
To start a business, for sure You already need Start up capital. The capital source is from family members (if they are willing), Financial institutions or your own saving. The best is from Financial institution where they can lend more to you if they feel that your business plan or proposal will work. However the usual condition is you will need to pledge something before you can get the money out. For those who coming form poor family, they have nothing to pledge.
The another factor that contribute to the success rate is "your will be client" .In this case, the making money strategy is by having your own business. Factor that you need to now is;
1.The demand for your product or service at the particular Location.
2. Household income at that particular location.
3. Marketing strategy.
4. How may competitor are there at your are.
5. How are you going to beat them without killing other people business.
In the case of on-line business, The same factor as above applied.
Hence the bottom line is You will need money to make more money. The Question is how and where to get this money?
For THOSE OUT THERE who are kind enough to tell the truth for free or for some fees feel free to comments or suggest or write your opinion here.
