THE LAZY PERSON'S SECRETS TO
OVERNIGHT WEALTH
Copyright 1986 by Owen Bates
Published 1986 by Premier Publishers, Inc, USA.
All rights reserved. No part of this publication may be
reproduced by any means without the express prior and
written permission of the publisher.
There are so many simple, yet really sure-fire ways of
acquiring wealth, it's a wonder everybody with even the
least bit of ambition isn't already rich. When you come
right down to it, the only things needed for anyone to make
bundles of money are the long-range vision and the energy to
put a money-making plan into force.
One of the easiest methods of building wealth, and the one
most often used by the "smart " people, is to furnish the
expertise, equipment or growth capital to promising
beginning businesses. Basically, you buy in as either a
part owner or limited partner; then as the business grows
and prospers with your help, you reap your share of the
rewards.
The beautiful part about this whole concept is that you can
repeat this procedure over and over again. You can start
out with, say marketing and sales leadership for a small,
garage-type business; then with your holdings and earnings
from that business, invest in another, and keep doing this
until you own part of twenty-five to an unlimited number of
businesses. Looking at the idea from a dollar return point
of view, if you were getting $200 per month from 25
different businesses, your monthly income would amount to no
less than $5,000 and that's not too bad for a fledgling
millionaire.
Look around your own area. With just a little bit of
business sense and perception, you're sure to find hundreds
of small businesses that could do better - perhaps even
become giants in their field - with your help.
Most small businesses need, and would welcome marketing,
promotional, advertising, and sales help. If a quick survey
of a business turns you on with enthusiasm about the
potential profits to be made with just a few changes that
you can suggest, then you are on your way.
Basically, you set up an appointment to see and talk with
the business owner about some ideas and help that could
double or triple his profits. When you approach him in that
manner, he's almost certain to want to see you and hear what
you have to say.
In preparation for your meeting, set your ideas down on
paper. Put them together in an impressive marketing or
profit-potential folio. Outline your ideas, the costs
involved and the ultimate profit to be gained.
Then, when you arrive for the meeting, be sure to look and
act the part of a successful business person. A few
pleasantries to break the ice, and then begin with your
presentation.
Through your proposal, you must instill confidence that you
can do all you claim for him. Guide him through the
presentation to the ultimate profits --- all for a 10 or 20
percent limited partnership in the business, which really
won't cost him anything. Of course, if he's reluctant to
give up any part of his ownership, you come back with the
idea of being hired as a consultant.
Almost all small businesses need help of some kind. The
owners get bogged down in a myriad of everyday problems and
things to do. They find there just aren't enough hours in
the day to handle everything that should be taken care of,
and end up neglecting or putting off some of the things they
should be doing to keep the business prosperous. As a
result, the long struggle for business survival begins, with
more than 60% of them selling out at a loss or just closing
up shop.
The other way to "cut yourself in" on a piece of someone
else's business is to supply needed money. If you can come
up with 10 or 15 thousand dollars, you can easily "buy into"
some small businesses. Be sure to look the business (and
its market potential) over; but once you spot one that can
really be a winner with just a little bit of operating cash
or money for expansion, then start figuring!
You can reach a never ending supply of such businesses to
choose from, simply by running a small advertisement in your
daily newspaper in the Classified section under the heading
of Business Opportunities Wanted. Such an ad might read:
SUCCESSFUL BUSINESS EXECUTIVE LOOKING FOR NEW BUSINESS
VENTURES. WILL CONSIDER BUY-OUT OR PARTNERSHIP. PO BOX
123, CITY.
By the same token, make it a habit to look through the
Business Opportunities Available on a regular basis. Mark a
few each day and follow up. Check them out, and see what
kind of deal is being offered. Remember, proper management
and planning are basically the ingredients to success in
business; and most small businesses just don't have these
ingredients in the proportions needed to attain their
greatest profit potential.
Other people have done it, and more are starting up every
day. There's no reason why you can't do it. In most cases
little or no cash is needed. But with just a little bit of
action on your part, you could quickly become a multi-
business owner, and very wealthy as well.