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Wednesday, July 25, 2007
The Eleventh Way To Become Rich
According to Rich Dad Robert Kiyosaki, there are eleven ways to become rich which I have shared here in my previous blog posts. Today is the eleventh way to become rich.
The difference between big business owners and small business owners.
Before moving on the the eleventh way of becoming rich, I want to discuss the difference between a small-business owner and a big-business owner. The difference is that big-business people build networks. The world is filled with small-business owners who own restaurants. The difference between a single-restaurant owner and Ray Kroc, who founded McDonalds, is that McDonalds is a network of hamburger restaurants known as a franchise network. Another example, in contrast, is a small-business owner who owns a television repair shop as compared to Ted Turner, who built CNN, which stands for Cable News Network. Again, notice the word network. The point is that the difference between a small-business owner and a big-business owner is simply the size of their network. While many small-business owners own businesses, very few business owners build networks. Simply put, building a business network is how the richest people in the world became rich.
The eleventh way to become rich.
11. You can build a network marketing business. The reason I put a network marketing business as the eleventh way of becoming rich is that it is a very new and revolutionary way to aqiuire great wealth. If you will quickly glance over the first 10 ways of becoming rich in my previous blog posts here, you may notice that the focus is a self-centered focus on who becomes rich. In other words, it might be seen as a greedy focus. For example, someone who tries to become rich by being cheap is primarily focused upon themselves and maybe a few family and friends becoming rich. Someone who marries for money is definitely focused on the money for himself or herself. Even a big business is focused on only a few selected people becoming rich. When franchises came out they made it possible for more people to become business owners and share in the wealth, but in most cases, franchises are reserved for only those with the money to buy the franchise, and as I stated earlier, a McDonalds franchise today costs over $1 million to get in. Therefore, I am not saying these people are bad or greedy people; I am simply saying that in most cases, the focus is not on a lot of people becoming rich. The focus is on the individual becoming rich.
Tomorrow I will continue with more information on this eleventh way of becoming rich. "Network marketing is a very democratic way of wealth creation." Rich Dad Robert Kiyosaki says.
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Have a great day helping others to become rich just like you!
Monday, August 31, 2009
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