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Becoming A Millionaire Via Small Scale Business

Credited to Business Gits

Truly, it is not easy to become a millionaire, but it is more difficult to remain a millionaire.

I think the emphasis is to be productive, not necessarily, to be a millionaire because you may have a million today and tomorrow you are penniless. It happens to most people today in this world.

Statistics have shown that people who won the lottery of twenty six million pounds, eventually become poorer than they were before they won the lottery.


The emphasis should be to know how to manage your money because money management is the hardest management ever apart from human beings. People should ascribe on how to be productive economically, financially and economically independently.


More than even aspiring to be a millionaire because money alone, does not make you a success, but an end to success.  Success is a journey and not a marathon.


To become a successful millionaire businessman is to start with a small scale business and manage it patiently and diligently to make your business grow gradually. 


To grow your small scale business into your big business is to plough your profit back into each time you sell.


How you become a millionaire and remain a millionaire is how you build your financial reserve strong. 


How you become a billionaire magnate is how you keep your financial fortress strong so that no inflationary rate can wipe it away and no global economic downturn can affect it.


How to Build Small Scale Business Marketing Plan In Nigeria 


1.Identify Your Market – Your Customers: 


You need to know who your customers are and everything you can about them.


2. Identify Your Marketing Goals:


What do you need to achieve in terms of numbers of sales, number of qualified leads, total revenue and profit in any given amount of time in order for your business to become profitable and to grow.


3. Clearly Define Your Marketing Strategies:


You need to know where you are going.


4. Develop A Plan Of Action:


You know the customers that you need to target. You know how much you need to sell in a specified time. That is what you plan to achieve your goal.


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