Written by In the last few weeks I’ve come across the histories of a number of successful wealth builders (SWBs) who have used the methods I tell you about with great success. So I’d like to tell you about these people because it will certainly help you!
A group of wealth builders wanted to take over a firm having an asking price of $30-million. This group raised $35.5-million, using the extra $5.5-million as working finds during their early ownership. This is a deal which:
- Is more than 100% financed — they got over $5-million more than needed!
- Used an unfunded pension fund debt of $18-million to buy the firm
- Used the firm’s own building and machinery for a $10-million mortgage loan
- Got 25 investors to put up $7.5-million to give the total of $35.5-million
The Book That Started it All for Many People . . .
This is another good example of whatI mean whenI talk about 100% financing of a going business. You can buy a business with its own assets! People do this almost every day of the year.
And I think you can — too!
Another SWB tried for 5 years to get a loan for his new business — a seaplane shuttle line. He got the money he needed — a $718,000 loan from a bank! And his new business is doing well.
This shows what I’ve told you so often — there is money around — just look for it!
A grandmother started a million dollar mail-order business with just $10 in change in a jelly jar, ads in a local paper, and a few sales slips. What did (and is) she selling? Toys and dolls! Today she prints and mails two catalogs a year to customers.
Another mail-order firm sells plants and fish from a 48-page full-color catalog. Used to give the catalog away; now charges $1 for it. Requests for the catalog decreased, but the sales from the catalog rose when people paid for it! Crazy but true — this great mail-order business!
An Idea and Some Elbow-grease is All You Need to Get Rich . . .
Now what does all this mean to you? Plenty! You — I’m convinced — can hit it big if you:
- Decide what you want to do — based on what you like
- Get good info on running the business you like
- Look around for the money you need until you find it
- Keep a positive outlook at all times toward money
- Think rich at all times so you do not give up
- Keep your business in mind most of each day
- Take a creative look at what you can do in your business
You can work at a job for 40 years and never make as much as you might make in your own business in one week! There is no way — in my opinion — of getting rich on someone else’s payroll. On your own payroll you can get rich in just a few months and be free of:
- Surly bosses
- Political fights at work
- Having only one source of money
- Being dependent on others
- Getting grubby wages
There is money to be made. In your own business! And I’m certain that you can do it — provided you want to, have some basic information, and keep your wealth drive alive by thinking of money most of every day.
It is your wealth that interests me! I know what I’ve done — that story I often think about.
But I want you to achieve the same — or more — using methods that work — just like they worked for the SWBs we talked about!