How to produce wealth faster in 8 steps?

in #money • 6 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. Everything depends on you, 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.

#writing #business #english
6 years ago in #money by
$0.09
  • Past Payouts $0.09
  • - Author $0.07
  • - Curators $0.02
9 votes
Reply 3
Sort:  
  • Trending
    • [-]
     6 years ago  

    This post has been found valuable and upvoted by El surtidor

    This post got an extra 5 power for following us

    Follow @elsurtidor to get biggest votes in your next posts

    $0.00
      Reply
      [-]
       6 years ago  

      Dear @freddyjimenez

      Just a while ago my good friend @devann recommended me to visit your profile and follow your work. He mentioned that you're from Venezuela and I've been currently organizing small charity for group of 8 Venezuelians (you can check out my latest post).

      Im very sorry that your people are going through such a hard time. I truly am :(

      Hopefully 2019 will be better for you
      Yours
      Piotr

      $0.00
        Reply
        [-]
         6 years ago  

        thanks you friend. I will follow you too