All my personal views on different matters of life

Sunday, November 25, 2007

4 PRINCIPLES OF BUSINESS

)Huge expanding market
2)Unique consumable product ---Price + convenience
3)Timing -- trends-- Making / loosing --- study what creates e.g Bay bloomers
Predict what billion People are going to buy.
Real estate business
also damaging drying up
Being at the front of the basket ball
No matter What business are expanding / business are declining 54 yrs big trens , health , looking younger, Brilliant compensation
4) Employ others
1. work for someone
2. be a professioinal
exchange your expertise for someone's dollars
3. Own your own business
Wealth is created by people at work or money at work
leveraging money at work

Money put to work by people
Hiring employees and leveraging employees.
"Everyone has the same amount of Gain"

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