Want to start a business or open a restaurant? Tips to save money.
Rule No1. Think big, start small.
Rule No2. Learn to treat yourself like a business. (First, invest in yourself)
-Learn how to save, learn how to invest your money and learn how Investors think.
Most people in the world are 'POOR', even people with a Masters or PHD degree. Why?
=Because, parents, school and University, don't teach you about investing. They teach you only to get a JOB. Fact: JOB, stands for "Just Over Broke". Living pay cheque to pay cheque.
Before you go spend half a Million Euro on decoration for your new office or restaurant and or your shop is forced to shutdown after 7 months and you shout "I LOST Everything!"
(Secret: Real investors never loose everything, because they spread their assets.)
-People are not interested in the decoration, they are more concerned with the service and the quality of the product)
Rule No3. Always 'test' your idea first.
-Before opening a Restaurant, buy a small 2nd hand van at an Auction and turn it into a food van. Secret: Never buy a new car or van. Why? We all know you loose 20% , the second you drive out.
(Many 'Big' entrepreneurs/ business today, first started small, in a garage, with virtually no money)
Much of these facts came from the No1 investment book in the world, Rich Dad Poor Dad by mentor Robert Kiyosaki
No comments:
Post a Comment
Add a comment or advice.