THE ENGINE ROOM

For every business to thrive in success, the owner has to be the power house of every idea. Modern economics have brought critical insight dating far back the Austrian school of 1870s. The entrepreneur is the one who has the ability to turn an opportunity into profit by putting resources together (finance, labor, technology,land, information etc.) to bring new products and services at a cost effective rate in the market.
He can identify customers need and satisfy them cost-effectively, over and over, creating jobs, profits, sales and monies that have not been before.
"Once you start and build a business, it can be replicated over and over, the principles are merely the same"- Richard Branson
Keys to success
Here are a few keys to success in business (starting and building to achieving personal prosperity and wealth).
1. Find a product or services that people want and need and are willing to pay for at a price that enables you to profit.

2. Market and sell your goods and services in enough quantity that make your profit able to replicate the process over and over again.

3. Learn management, administration and accountability for your income and expenses.

Give these nuggets a trial and get back to me, your feedback makes my job worthwhile. Thanks see you next time.

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