How to produce wealth faster in 8 steps?

in #money5 years ago
Hello friends of the Steemit community, today I want to share an idea about business that is simple but very useful and is applicable to any type of business you want to start. Many already know it and apply it subconsciously, but it is always good to have it schematized in the mind for greater effectiveness.

For a better understanding, I take the trouble to draw the idea through a scheme that I present below:

SCHEME TO PRODUCE WEALTH IN ANY BUSINESS


Scheme drawn by me in Power Point.

As you can see it is very simple, there are only 8 steps:

  1. The first step is to raise capital that will help you invest in your first business, which I described with the letter A. This money is usually met with our own effort (your work, savings, loans, credits).

  2. Invest that money in a business A.

  3. Keep good business A management, we do not want losses.

  4. Recovers the money invested in business A (of profits).

  5. The money obtained in step 4 is invested in another business, which I described with the letter B.

  6. We maintain good management of B, without neglecting the business A.

  7. We recover the money invested in B.

  8. We repeat the procedure with a third C business and we directly go back to point 2. We do this as many times as we want, and in this way we expand our business.

This process aims to increase the speed with which the money returns to your hands after having made an investment, that is, you should have several businesses, as long as you can maintain good management of all.

As you can see this is applicable to any type of business whether small or large. All up to you. of the goals and dreams you want to materialize, how much you want to expand yourself and where you want to go.

I wish you a lot of success!!!

References:

Kiyosaki, R.T.,(2007).EL JUEGO DEL DINERO: Por qué los inversionistas lentos pierden ¡Y el dinero rápido gana!, México D.C., México: Editorial Aguilar.

Sort:  

Congratulations @freddyjimenez! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 100 upvotes. Your next target is to reach 200 upvotes.

Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

Christmas Challenge - The party continues
Christmas Challenge - Send a gift to to your friends

Support SteemitBoard's project! Vote for its witness and get one more award!

Coin Marketplace

STEEM 0.28
TRX 0.13
JST 0.032
BTC 65992.78
ETH 3014.98
USDT 1.00
SBD 3.75