How to turn enterprise into money and riches

Turn enterprise into moneyBeing poor is shit. ~Bob Geldof

The media personality and former rock star Bob Geldof’s communication style tends to be blunt and to the point. He’s not a man to sugarcoat his words, or so it seems. However, he does make an important point here.

People may tell you that money isn’t important but next to oxygen it’s essential for a life worth living. In fact you couldn’t live long without it today.

Exactly how much money you need depends on your preferred lifestyle of course. However even for a fairly basic lifestyle a reasonable income is necessary.

None of us want to be poor or destitute of course. And fortunately we don’t have to be. It’s possible to turn enterprise into money, and money into wealth and riches.

And what do I mean by enterprise? I mean your energy, your resourcefulness, your imagination, your knowhow and skills, your ambition, and your determination to make life better for you and your loved ones.

Essentially, you can make your life better simply by making life better for other people.

What is work?

In essence, work is just doing stuff for other people in exchange for money, surely?

However, the key message here is that you don’t need to be employed by a commercial enterprise or corporation to earn money.

Whilst being employed is one way to earn money, it’s also perfectly feasible to establish your own business and earn your living by being self-employed.

And in the age of the Internet, it’s never been easier to start a business, even if you have very little money to invest.

Remember also, you can start a business initially as a part-time side-hustle, whilst being employed, until it’s generating enough income for that business to become your primary means for making a living.

And never forget, for most people, the only way you’ll ever get seriously rich is through your own business.

Certainly, unless you’re a Wall Street investment banker or a lawyer, you’re unlikely to get seriously rich being someone’s employee, trading your time for money.

The key to success in business:

The key to success in your own business is to find a way to solve problems for people for profit. That’s the way to turn your own enterprise into money. And it’s a lot easier than you might imagine.

Let’s face it, there’ll always be plenty of customers for products and services, some yet to be invented.

People will always have problems and they’ll always have a need for solutions to those problems.

And every product sold by a company is a solution to a problem, or at least it should be.

Turn enterprise into money:

If you continually educate yourself for skills and know-how, then you can create wealth by seeking out customers for whom you can deliver solutions to their problems and/or provide them with services for which they have a need.

If you can satisfy those customers then you’ll make money, and quite possibly a lot of money, if you can scale-up that business as your customer base grows.

Manage your money wisely and you can build your own personal wealth too.

Determination, hard work and an eye for problems to be solved are the main ingredients for success in business. Your enterprise really can lead you to great wealth.

You don’t have to be poor:

You don’t have to be poor unless you’ve given up and you’re just accepting that being poor is your lot in life. It’s not, and nor should it be.

You’re perfectly capable of generating your own income dear reader.

You just need to do stuff for other people and find a way to add value to their lives. In this case adding value means solving problems or making their lives easier and/or better in some way.

Help yourself by helping others get what they need:

It all comes down to your willingness to find a way to serve others. Simple!

There are opportunities there for the taking every single day of the week, if you’re enterprising and ready to solve problems for other people. However you do need to be fleet-footed.

The best time to start a business might have been last year but the next best time is right now.

And age is no barrier to starting a business either. Remember, Colonel Sanders was 65 years old when he started KFC, and Ray Kroc was 52 when he started building the business we know as McDonald’s.

It can be done and people do. Why not you? Go on, just go for it! Real riches can be yours.

Good luck!

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