customers

Concept Of Activity spread

concept 300x160 - Concept Of Activity spread

  1. Who are you in business?
  2. The type of your activity.
  3. Ways to implement your activities.
  4. The people you serve, or whom you are targeting. Who specifically focuses on your products or activities. Identify your niche.
  5. The advantage that your clients or customers get.

Price: 500 EUR

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Millionaire Rule #10 – Solve A Problem

solve problem

 

 

Becoming a millionaire is a process. You may not like every part of the process, but the parts you do love, can’t be beaten. You might enjoy motivating people or seeing yourself do amazing things with abilities you didn’t know you had. If you are young, and in your twenties, don’t be afraid to try all sorts of things. Figure out what you are good at in your thirties and maximize that in your forties.

 

You can become a millionaire at any age. Regardless of where you are in life, always over deliver in whatever you do. Go above and beyond the call of duty. Work smart and realize that success in a small task can lead to success in much bigger areas of your life. Your efforts will lead to recognition and a huge payoff in the long run.

 

Get in the habit of asking yourself if what you are about to do will advance your cause in becoming a millionaire? If it won’t, then learn to say, ”No.” Spend time with quality people and do not tolerate mediocrity. Take charge of your time and effort. The secret to enduring success is winning over time.

 

Learn how to spot opportunities in your everyday life. When the world seems to be in crisis mode, businesses, as well as people, are in turmoil, and it is only human to want someone or something to make things right. Continue reading →

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Millionaire Rule # 7: Become An Expert Negotiator

expert

 

If you watched the movie, “The Social Network” that shares the story of Mark Zuckerberg, you will learn that he became an expert negotiator. You may have forgotten that Mark was a young college student when he founded Facebook. Today, he is one of the wealthiest people in the world.

 

Being able to make negotiations with customers, clients, and other businesses is a fundamental part of being a millionaire. It can unlock many doors for you and help you form lasting and valuable relationships that will position you for success. You need to have a command over the negotiation process and use it to your advantage. You also need to know what you want to achieve.

Canadian, Mike McDonald had a knack for gambling and started toying with the idea for “online poker” at the age of fifteen. Though pressured by his parents to get a job, he knew that he didn’t want to do the usual gig. Today he is worth more than $5 million but became a millionaire as a teenager.

 

Mike was prepared and knew what he wanted to achieve and as you can see, it improved his chances of a favorable outcome. If you are negotiating with a person who cannot meet your needs or expectations, it is best to walk away. Otherwise, it could be detrimental to your business.

 

Do you know what you are worth? What do you bring to the table? Knowing what you are worth will help you determine what you can ask for and how much you need to compromise during the negotiation process. You can use your value as leverage for creating a deal in your favor. Continue reading →

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Millionaire Rule # 1: Ask Questions

 

 

Ask Questions

 

When two brothers, named McDonald, ordered eight multi-mixers for their hamburger stand in San Bernardino, California, Ray Kroc, a multi-mixer machine salesman, knew he was on to something. He acquired the rights to the McDonald name and opened his first franchise in Des Plaines, Illinois in 1954. The rest, as they say, is history. Ray Kroc, in his fifties, seized the opportunity that was staring him in the face. It was not a complicated concept: hamburgers, French fries, and milkshakes. Today, the average McDonald restaurant franchise brings in a $1.4 million per year.

 

Ray Kroc asked questions about the business he was interested in, how things work, the economy, etc. He created a business model based on his findings by asking questions about the business and what keeps the customers coming back for more. It turned out to be a basic business that money makes money hand over fist. It doesn’t matter what the business is. It can be a product or service, and when you add your value and expertise to the mix, you can be very successful. However, making money is at its core.

 

Another example is a research chemist, Neil McCarthy who started investing in the stock market in the 70’s when he was 34 years of age. When stocks went down, he purchased more contributing to his IRA and 401K. His employer matched it 100% giving him risk-free money. It was during the 90’s bull market when he received a huge payoff because his stock doubled in three years, allowing him to reach $1 million.

Continue reading →

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Purpose = Freedom

purpose is freedom
It’s fair to say that if you don’t know your purpose in
life, you won’t be spending much time working on it. So
what will you end up doing with your working time instead?
Three things: 1) Working on your needs, 2) Working on other
people needs, 3) Working on other people’s purposes.
If you don’t know your purpose, the limit of the work you do
for yourself will be stuck at the level of need, which at
best has the potential to grow into greed. Not particularly
fulfilling spending your whole working life this way… Try it
yourself for a few decades if you don’t believe me, and then
look at the passionless shell that stares back at you from
your mirror.
As you work with/for other people, most likely you’ll be
putting lots of effort into satisfying other people’s needs
and greeds: your boss, your customers, your company’s
investors, etc. Even in your free time, you’ll be working to
fulfill the desires of advertisers who want you to watch TV
and buy stuff. Again, not particularly satisfying, although
you may be thrown a few bones by your benefactors, such as
the “gift” of working on some interesting projects. This
kind of life will ultimately make you want to stand up and
shout, “What exactly is the point of all of this?” But if
you actually do that, you’ll only get blank stares in
return. There is no point.
Now if you’re very lucky, you may get the chance to work for
someone or some organization which is itself focused on
achieving a conscious purpose. However, there’s no telling
what that purpose might be. If you don’t know your own
purpose, you can’t consciously choose to work for someone
whose purpose aligns with yours except by accident or
chance, and the odds of alignment are low. So there’s a good
chance you’ll be working hard to achieve a purpose you don’t
agree with. For example, if you join the military, you may
be put to use to achieve some big purpose, but what exactly
will it be? Most likely, in such situations, you’ll be given
a purpose to achieve that isn’t what you’d choose
consciously for yourself. Fulfilling to spend your whole
life this way? Not likely, but it’s at least a decent path
for people who don’t like to think much — others will take
care of all the thinking for you (and benefit greatly from
all your thoughtless doing).

Continue reading →

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Growing Pains For The New Economy

 

painsneweconomy 300x188 - Growing Pains For The New Economy

 

If the internet revolution was slow off the blocks, by the end of the 20th century it had reached a headlong sprint. At the beginning of 2000, there were over 1 billion pages on the World Wide Web. Internet millionaires were being made by the minute, and any would-be entrepreneur with half an idea was welcome to join the party.

The e-commerce boom had begun, and venture capitalists were falling over themselves to provide the finance. The airwaves crackled with advertising for dotcoms, and advertisements on billboards, buses and in the broadsheets were reinforcing the messages. Technology stocks soared on Wall Street, and adland rubbed its hands together as the money rolled in. Amazon’s value peaked at $39.4 billion and Yahoo!, the world’s biggest portal, reached a dizzying $125 billion. Elsewhere, a rash of new entrains replaced some of the traditional bricks-and-mortar bluechip occupants of the UK’s FTSE 100 index.

In the UK, with its narrow choice of mass communication channels, media owners found that competition for limited airtime and outdoor space meant they could sell to the highest bidder. There was even talk of secret higher rates being offered to the more gullible dotcoms. The cost proved unsustainable, and investors either wised up or lost their nerve.

The skeptics were slow to find their voices, but tales of bad management, naive business plans, overstaffing and massive overspending gradually began to filter through.  Suddenly, those previously hailed as heroes of the new economy were being viewed with suspicion by the markets. Continue reading →

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Relationship Marketing

marketing

 

The higher level of customer expectations that exists today is one of the reasons behind the fashion for customer relationship management (CRM) programmes. Relationship marketing has caused a great deal of excitement within the marketing industry. The big idea is that companies put their customers at the heart of their marketing efforts, asking for and listening to their wants and needs. Product-focused marketing, which often resulted in a company contacting individuals numerous times with unrelated messages about different products, is being replaced by customer-centered systems aimed at what might be called “joined-up” communications with customers and potential customers. Huge investments are being made in customer databases that collate information on all purchasing behavior. thereby, the theory goes, relationships are created that emulate the bond that customers had with their local shopkeeper in days gone by. Continue reading →

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