A Millionaire! Isnt it what everyone wants to be?
What do they have we dont aside from money?
How much will I have to work to be a millionaire too?
Becoming a millionaire is no easy job. Some people never achieve it in a life times, others seem to be so lucky that in one show they kill some millions.
I believe there are two ways of becoming a millionaire.
1- By luck. Not everyone can be a millionaire this way because only very few will hit the lottery or something else.
2- By running the best business on the niche/market.
Thats it, if you got the courage to make your busines the best player in the town, if you manage to wipe out all the competition, you are on your good way to make your first million dollars. Now, can you work against all your competitors? Are you ready for the cold war your are going to participate in? Are you ready to take your business to the last consequences? I hope so.
Why is the competition so fierce? Imagine this situation. You are running your business and making a good profit, then from nowhere in no time somebody enters the market and starts "stealing" you your market share, your costumers and your money. How would you be? I dont know about you, but I would do anything I could o be the best business of the kind and to be the best solution for the costumer and I would make sure the competitions products would be far away in quality and support. Now you can see how millionaires live and work. They fight day and night to be the best! They know that the competition is hopping and praying for them to fail but they have to stick to their guns no matter what. Unfortunately sometimes the guns are real. The millionaires always fight for the costumer, because they know that the costumer is their most important asset and without them they are nothing and will be completely lost in the sea full of sharks.
Remember the costumer is KING!
If you want to be one too, remember there is no market with no competition and no matter what business you run, you are going to need to take someone elses fish and they will be angry! Thats competition!
Learn more about this author, Pedro Pacheco.
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I run a consulting company called the Business Factory (www.BusinessFactor yUS.com). We deal daily with self-made millionaires.
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