O'Reilly logo

The Millionaire Dropout: Fire Your Boss. Do What You Love. Reclaim Your Life! by Vince Stanzione

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

23

Summary to Making Money

The keys to making money are:

1. Form Your Own Business
Whether it's part-time to begin with, acting as an agent, or consulting a few customers alongside your existing job, start your own business and be proud about what you do.
2. Put Customers First
The aim in business is, of course, to make money. However, if you only focus on money without looking after your customers or finding out what the market wants, it's going to be very hard to make money. You must also genuinely enjoy your work, be proud of your business, and be happy to serve your customers.
Some of the world's most successful entrepreneurs, including Henry Ford, Conrad Hilton, and Hoichiro Honda, believed that money was just a by-product of a good business.
Realize that a one-off sale/order will not make you rich. It's repeat business that counts.
Build up a relationship with customers. Be a friend, not a salesman.
3. Be Market Driven, Not Product Driven
Find out what the market wants and who you can sell to before creating or buying products.
4. Create a Professional Image
Using paper with a good letterhead, a business center, and professional domain name will put you on a level footing with the big boys, even if you're a tiny company.
5. Don't Waste Money
Don't get suckered into wasting money in business. Negotiate everything and run a tight ship, even when things are going well. At the same time, realize that money invested wisely will improve your business. Invest in training, books, ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required