"M M M" 2017

"M M M" 2017

Tuesday 10 January 2017

"17" "Steps" Of Great Value To Becoming A Millionaire In "2017"

"17" "Steps" Of Great Value To Becoming A Millionaire In "2017"
Apparently, you don’t just swing into action without having a thorough plan of how you are going to hit the market right and leverage on our population to make millions fortune.

These 17 steps will be of great values in helping out to becoming a millionaire;

1.Take a deep breath and ask yourself if you are truly ready to go into a business – don’t deceive yourself.

2.Identify your strength in terms of what can you do to help people out – a flash back on your past could help.

3.Create a niche market out of your strength – don’t be a general merchant, at least for now.

4.Research into the field; SWOT analysis – Strength, Weakness, Opportunity, Threat, Competitors etc of the business,

5.Map out you strategy

6.Gradually execute your action plan.

7.Go into the market with the mind of first rendering service or selling products, and then you will surely be making money as well. Late Steve Jobs once said and I quote; “we don’t sell gadgets, we sell comfort to people so they can live life easier”. Apple is presently the most valued company just by making lives easier.

8.If you are going to bootstrap the project, start small. Pushing 10% of your saving s into it won’t be a bad idea. Never inject all your life savings into a business.

9.Start selling to friends, family, colleagues etc – charity begins from home

10.    Package your brand- 2 years ago, a friend requested for a logo design from a business center and a mini ad agency. They charged N500, The business center did a better job with N500. We could have paid him a million if only he knew how to package his ability.

11.        Don’t be scared to hurt your fingers – Yes, this is business. Some things would go wrong along the line, try to sort them out instead of quitting.

12.      Expand fast but slowly – starting a business means sharing ideas with competitors.

13.    Blue and red ocean –  as it is in life, it is always good to be a trailblazer, get to the market before others.

14.      Build loyal customers, enjoy monopoly for a period.

15.  Get set for a stiffer environment.

16.     Pump your profit back into the business – this helps for sustainability.

17.       Measure your growth.

Let’s get started now because the land is greener here than there. 
What do you think?



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