I was browsing the web and I came across an interesting blog
by a man named Michael Brain, yep, Michael Brain, who happen to create the site
“How stuff works “ which he sold to Discovery Communications for a whopping $250 million. He was asked to speak to the Graduating Class
of Duke University and he chose the topic, how to make a million dollars. He has actually started 3 successful
businesses so you could certainly say he is an expert in this field and knows
what he’s talking about.
He gave a pretty direct presentation with a lot of common
sense advice. Here are a few of the basic points. It’s best to start your own
business. This is the most effective way
that allows the most control. You can
either have the intention of building it to create an income for yourself or to
sell it. In most instances, if successful , you could do both.
Once you start a business, or businesses, don’t give up
until you are successful. You have a one in ten chance of succeeding, if you
stick with it and persevere. Those are much better odds than playing the
lottery. Over time, you get better at
doing business and it becomes more natural to you, just like learning and
playing video games.
The internet is an awesome tool to utilize to create a
business and in my opinion, every business should have an internet presence.
According to Mr.
Brain, “We could talk for a very long time about the Web, but let me briefly
say that, today, there is a lot of money to be made. Google, with its Adsense
program and search revenue program, has made it extremely easy to make money on
the web. All that you have to do is create a web site that attracts a big
audience, and you can make money.”
If you come up with a simple business idea where you can
make people’s lives easier or give them what they want, you can find yourself
with a successful business online or offline.
He suggested some great books to read. Here are a few, just
visit the Amazon search button on my site, reneestarms.com and pick up a few copies. They all cover
different areas of being successful at business; some for the proper mindset,
some about the basics of running a business as well as examples of successful
business people.
Rich Dad, Poor Dad
The One Minute Millionaire
The Automatic Millionaire
Dave’s Way
Built From Scratch
Well, I hope you
found this helpful. My goal in 2012 is to jump of the path to creating a
successful business and achieving my goal of making a million dollars. It’s not
as daunting as it may seem, with a little perseverance , faith and
determination I truly think I can do it. And so can you!
All the best!
Renee Starms
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