fbpx

Tag: Business startups

Posted on

Black Millionaires

The old way to male it to like as a millionaire was to go to School

You get a corporate job and you are set. There is just one problem is that you might be out of a job if the company down sizes.One way is black entrepreneurship but there is risk. A long time without real money and to much debt.

It’s a good time to become a black millionaire.You have to spend a lot of time on building wealth.Learn how to think about money. It will give you financial independence.See things that other people do not see. A lot others live pay check to pay check.The net worth of black people is low.  You need to think outside the box. Reduce loans and follow  a budget. You have to become financially educated. A black entrepreneur needs to find a plan, leverage the business, and repeat the process. They have to learn to sale a product and market it.

A Black Millionaire that I Knew

There was a man who was from my hometown who had a corporate job in a plant.  He got laid off due to lack of business. It was not his fault. He took a week off and thought a long time . He came up a plan to use his skills in business , sales, and production . He started with his retirement account to invest into plumbing supplies. He laid a business plan down. He bought the supplies that he needed , and went door to door selling until business picked up. He is a black millionaire.

Most  Millionaire who make it

Eighty percent of millionaire are self made . Network marketing is where most of them are. They pick the right business ,just a computer, no sales skills, and started up less than two thousand dollars . They make sure the product is demand. They develop their online skills and leverage the business . Good Luck.

Posted on

Tricks of Working after You Retire

When you retire from your regular job then you might want to do something different.

Maybe you are the type of person who needs something to keep him busy. Maybe you need to work to supplement your income . There are several ways that you could do. You can help people learn what you know. You can become a consultant . Someone could sell things for other people. You could become like a taxi and get paid to deliver people in your car. You could run back and forth with things people need. Another idea is to rent space in you house or building.

How about working on the internet.Starting a business with a server, get followers , a website, and selling products .You can work at home and know a little about the computer. There are several legitimate business but look out for scams.

Some of the more common ways would be Real Estate Investing. Maybe get a Real Estate License. and buy properties. You can the rent them out and get passive income coming in. Have a good knowledge of selling and repairs on the houses to keep cost down. Get a good knowledge of renters habits so that you want get taken to the cleaners.

You can buy stocks,bonds, and mutual funds to get passive income form gains and dividends. Have a knowledge of trading ,researching the stocks, and fees.You can keep the winners and get rid of the bad ones. You got to know what you are doing.

You can do proof reading ,be a caretaker of pets and people. You can sell crafts that you make . You can sell products that you bake and sell them.

Do a business that you like if you did not like your previous job. You got to have passion to get up in your old age to being doing something. If you are going to be self employed know about accounting,management, marketing, and hiring people.