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How To Get Rich With No Investment Money
Submitted 2011-10-07 12:51:43
Often, the biggest excuse we give ourselves when we look at our wealth building goal's is that we don't have enough capital. If only we had $100,000 to start with, we could easily create the wealth we have targeted quickly and easily.
The old adage, "You need money to make money" is misleading. The truth is you are trying to make money not spend it, so why do you need a lot of money? In fact the reality is, having a large seed capital account means you now have risk of loss layered on top of the risk of failure. Your ideas are different when you have a large seed capital account.
So how does one get rich with no investment capital? Institutional opinion is a funny thing...all the financial planners in the world would tell you that you need money to make money. Why? Because you aren't a "sexy" client. A sexy client in their eye's is someone that has a large account. So this faulty opinion is based in their need to earn an income, and not the truth.
The first thing you need to find is demand. All wealth flows from it. You can easily create a product or service if you know what people want and are willing to pay for. Your aim needs not be too good if you have fat juicy demand to supply to. Most millionaires couldn't hit the side of a barn, but they do know this so their aim is not important. Their products and services are barely good enough, far from perfect, but knowing where the demand is, and how to access it, they easily create wealth.
So to get rich with little or no investment, your first job is to sit down with a piece of paper, a large pot of tea or coffee or maybe something stronger, and you will map out your own experiences. Believe it or not, the most successful ideas come from your own consumer experiences. Excluding your weekly groceries (unless you somehow want to get into retailing food) what other product's or service's have you purchased in the past and what was your experience.
How did you find the company. From an ad? Which ad,? How can you improve on their product. What thing's did you find that the product was unsatisfactory. In thins way, you can develop your own product or service based on your ideas.
If you need money now, like I mean in the next hour, try what I did. I am making more money now than in my old business and you can too, read the amazing, true story, in the link below. When I joined I was skeptical for just ten seconds before I realized what this was. I was smiling from ear to ear and you will too.
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