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Monday 30 December 2013

Thinking straight. Making money and interest

Bill Gates. Carlos Slim. Warren Buffet. As soon as you read these names, the first thing that comes to mind is money, money and last but not least, money. They are known for wealth. Millions, if not billions of people around the world feed the thought of them being money people, however, it did not start with the intention of being billionaires. It started with a wish. It started with interest. Bill Gates did not just wake up one morning and say "today I will be a billionaire." He got up and pursued his interest in computers, and continued for days, months, years, he began to come up with more ideas, he recreated the Apple computers to be more affordable, he joined others and began to show his ideas publicly, from there it took off. The business flew, money came in, more ideas developed and everything was perfect.
Anyone who starts a business, only has the target of money in their mind. I personally wish to go into a business of consultancy, auditing and accountancy. Not because these fields are prosperous, that is my secondary concern, but my main one is helping people, guiding them. Providing services for other business, and that is where the money comes in. The statistic says that 90% of new business fail in their first 6 years. That is because the owners become more concerned with money, and decide to ramp things up in the first year, but ultimately it comes to no avail. You must be interested in the field, not the money. 
Starting a business, you have to be concerned with money at some stage, be it expenses, be it prices, but when everything is set at a considerable rate, leave it, watch the results, and continue to enjoy the business. 
+B2C 

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