1. Reinvest revenue
When you make your first big money, you’re tempted to spend it. Not do this. You better put it in a business that you think is profitable. I learned that early in high school. My friend and I bought a used pinball machine and installed it in the Barber shop. The money we have not spent, as would have done in our place ordinary teenagers, and began to buy other machines. By the age of 26, I had already $174,000, which is $1.4 million for modern money
2. Be ready to be different
Don’t make decisions based on what others say. When I started to manage money, having collected from several investors $100 000, I was called a crank and predicted me a failure. Continue reading
Unique trade offer, or USP, is a technology of creating unique products from non-unique, creating obvious benefits for Your customer.
The main benefits of UTP:
1. The uniqueness will allow you to rise above your competitors. Your company can become #1 in its market.
2. Selling is easy. Your customers fall under the influence of the USP and are highly motivated to buy from You.
3. You can set the price more expensive than the competition. You buy, not because it is cheaper, but because You have higher value. Continue reading