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Do You Want To Know How To Become A Multi Millionaire In A Year? - Education - Nairaland

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Do You Want To Know How To Become A Multi Millionaire In A Year? by Vick09: 6:32am On Feb 25, 2021
Do you want to know how to become a multi millionaire in a year?

Is your sole desire to put an end to your financial miseries? Have you been jumping from one business to another without anything to show for it? Do you want to know the business secrets of the rich so you can be like them?

If you want all these, then you should read till the end.

Your profits/financial status depends on the kind of business you put your hands into.
There are often businesses that don't even make it through the first few months of its existence.

In the same light, there are also businesses that boom within the first few months of its existence.

Now, why does this happen?

The reason is simple.

The businesses that succeed found the right path to follow to scale to the top but the ones that didn't made the same mistakes every other businesses that have failed make.

Once the mistakes are realized and taken care of, success is the only option left.

It is said that only 20% of the global population hold 80% of the world's money.

This is true because they realized these mistakes, took care of them and found the single path to success.

You too can join them if you make up your mind and commit to the decision.

I will discuss three of the most common mistakes that people make when entering into the world of business.

But before that, I want to make something straight; avoiding these mistakes won't just make you rich. You have to show consistency in what you're doing in order to reap massive profits... only then will you be truly rich.

3 most common mistakes people make in business that'll make you financially independent for life once avoided:

1.) Not researching on the market:

There are two concepts to this:

One, they didn't research the business model. Sir, you can't be selling 50 naira pure water and be expecting to become a multi millionaire in a year. Neither can you be selling 10 naira biscuit and expect to make a million in the next two months. Do the math

1,000,000 รท 10 = 100,000

You have to sell 10 naira biscuit to hundred thousand customers. It doesn't work that way,sir.

The destination to wealth is the same but the means of transport varies. You can either trek to your destination without peace or you use flight to get there fast ( courtesy of Emmy9ite02 -- Emmanuel Akpe)

Selling pure water to get to a million doesn't work the same way as selling commodities of 200k to get to a million.

The second concept is lack of market research: In order to have your business boom, you have to stand out amongst the crowd. If your name doesn't enter people's mind when it comes to expertise in a specific niche or field, brother sister, you have a very long way to go.

You must be the best and be known to offer quality if you want people to chase you with their money.

You have to identify the ups and downs in the market. Imagine you live on a State that's known for fish markets and of all things that comes to your mind to sell is fish?

You shouldn't set your business in an area that already has a product in abundance making it very difficult to break in. You don't need a layman to tell you that everyone in the State will be selling fish equally. This is a mistake that will result in failure from the start. You have to find an opening or unmet need within a market and then fill it rather than try and push your product or service in. It's a lot easier to satisfy a need rather than create one and convince people that they should spend money on it.

Before I forget, make sure you get what the market NEEDS not what you want or what you think they NEED. There's a difference

2.) Not drafting out a business plan

You should have a plan for your business. The plan should clearly state the goals you want to achieve, how you will achieve those goals and the solutions to possible problems you will encounter along the way.

A life with no goal is a life with no flow.

If you have a solid business plan, you'll always know how your money enters and how it goes out. In other words, you'll be able to track the flow of your income. Whether you're wasting your multi millions or you're putting them to good use.

To cut the long story short, you need to have a visible and solid plan of your growth strategy. That's the only way you can improve and continue growing.

3.) Marketing strategy is not creative enough:

Back in the days were the existence of billboards, posters and newspaper ads. They were the only way to market goods.

But with the invention of the Internet, marketing becomes whole lot easier. Despite this, businesses still fail to be flexible enough to adjust to the Internet so they fade out before they're even born.

Bringing the business online is the easy part.

The main work is driving traffic to your marketplace.

People will not just wake up in the morning and log in to Instagram just to view your feeds or enter Twitter to see your threads without any reason. You are not even paying them money for it.

You have to be creative to drive audience to you. When people view your page, let them com out with testimonies that you made their day.

Through those means, you can then integrate what you're marketing with your posts. It'll motivate them to bring out their wallets since they already know and enjoy your content.
That's why celebrities and influencers get richer.

You should also know places where your target audience are to go and feed them with your offers.

You can't target students and you'll be marketing in a hospital. It just doesn't work, sir.

These were the main things that I used to scale myself.

After years and years of jumping from one business to another to make ends meet but nothing to show for it, I found the best business model ever by the working of the Holy Spirit, thereby avoiding the first mistake.

It is the best solution ever.

I studied it, practiced it for a few months and started harvesting millions. I wouldn't have made it so far if I hadn't also avoided the other mistakes: I used one very simple strategy to plan the business and was consistent in it then I marketed where my target audience were. It was that simple.

The best part of it was I only needed very little capital to start it.

I gathered my experiences and compiled it into an eBook and I'm willing to share this eBook of information with you for free, right now.
All you have to do is download it then all the information will be yours[b] FREE OF CHARGE[/b].

To download it, send an email to this address: maduforovictor16@gmail.com

Use the format: Hi Victor. My name is ________. I read up your post on How to become a multi millionaire in one year and I will like to download the eBook.

Send an email in the above format so I'll reply you with the eBook.

2 Likes

Re: Do You Want To Know How To Become A Multi Millionaire In A Year? by Vick09: 9:35am On Feb 25, 2021
Y'all should download the eBook because it's gonna be a value-tastic and life changing exercise

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