Wealth Secret Step Six: Increase Your Value, Build your own Small Business.
Why is it so Important to Build your own Small Business? Every business started as a small business and, if managed properly, grew.
True Wealth comes from the ability to Control your Income.
Paul Getty says that you must run your own business
if You want to be Rich, Rich DeVos agrees and so do Brian Sher, Robert T Kiyosaki, Peter J Daniels, Charles Paul Conn, and hundreds of others.
Does the thought of selling bother you? If you truly want to be Wealthy you need to learn how to sell because that is what small business is all about. Without sales there is no business. Sales comes in the form of 'Face-to-Face', 'Written Advertising', 'Television Advertising', 'Classified Advertising' and variations . Did you realise that you are a natural born salesperson? True.
People make decisions emotionally and then justify them with logic. How many people have told you about their latest purchase and explained all the features that make it better than the one they didn't buy or their old one? They are Justifying their decision to you and Themselves at the same time! Any time there is a an emotional response between two people a 'sale' is made.
- Have you ever had a date?
- Got a better price on a product?
- Got a job?
- Been fired?
- Written a job application or Resume/CV?
All of these situations are 'sales' between two or more people with an 'offer' and a 'response'.
FREE and Low Cost Businesses
One of the simplest
small businesses to get into and succeed with is Multi-level Marketing. It has low start-up
support from experienced and successful people, usually good quality
products, very low risk
, exceptional opportunity. Many people have a resistance to these companies because of the "Door-to-Door salesman" image. This is wrong but sales
is an important skill
to learn and you can learn in this environment safely
and in your own time. The best established of these companies is Amway but there are hundreds more. Look at lots and learn about MLM before joining any of them. Not all of the companies who call themselves MLM are legal or legitimate so learn the rules and do your homework carefully.
Internet small businesses are everywhere and they are growing at a phenomenal
rate. Success on-line is not assured
, there are very few that can teach you what you need to know partly because the internet is still an evolving
market and success today doesn't always translate to success tomorrow. Despite that, an internet based small business can have a very low
start up cost, very low running cost, you can sell any product
and deliver almost anywhere. The risks can be significantly higher but you can adjust
your offering rapidly
to take advantage of the changes
in the market. Here is the absolute best
place to start your
small business online
Mail Order is the traditional
start up home based small business of choice
for many people. There is lots
of information available to help
you in your search for mail order success. Again there are low start up costs, low running costs, a huge product range you can sell, higher risk but quite manageable
. You will need to learn how to sell
through writing adverts (here is a FREE eBook
to teach you how to write stunning advertisements) and you will need to learn what products to sell. Start by looking at what is currently selling well and sell the same. Starting up is no time to try to develop a unique market or a unique product. Stick with products tested by time.
Almost all Professional Salespeople are also running their own small business. They are paid on commission for what they sell. Usually low start up costs because most of the sales tools will be supplied by the company who's products they are marketing. Low running costs depending on who supplies what, potential is limited by your sales skills, the amount of time available to sell, the quality of your prospects, the quality of the products but an excellent income can be achieved. Frank Betcher in his book "How I raised myself from Failure to Success in Selling" says that selling is the Best paid hard work and the Worst paid easy work there is. You may find some products easier to sell than others but mostly any product you can believe in is the right one for you.
There are only 5 ways to Make Money
- $ Steal or Cheat others out of theirs.
- $ Inherit it.
- $ Earn it from your Investments.
- $ Work for it as an Employee.
- $ Run your own small Business.