Small Business 247

Unlocking the Secrets to Unbelievable Wealth: My Journey to Becoming a Millionaire 2025 Welcome to Small Business 247 please follow us!  As I sit here, reflecting on my journey to becoming a millionaire, I am still in awe of how far I've come. It's not just about the money; it's about the mindset shift that transformed my life. In this post, I'll share the rules of money that changed my financial trajectory and the mindset that can make you a millionaire in 2025. *Rule #1: Think Long-Term, Not Get-Rich-Quick* I used to believe that making money required a magic formula or a stroke of luck. But the truth is, wealth creation is a marathon, not a sprint.  By focusing on long-term goals and strategies, I was able to make sustainable investments, avoid get-rich-quick schemes, and build a solid financial foundation. *Rule #2: Live Below Your Means, Not Above Your Income* For years, I thought that keeping up with the latest trends and luxury items was a sign of success. But th...

 Decide on whether to start a business part-time. Starting a business part-time lowers the pressure on you immensely. It enables you to work on your business, while you still have a steady pay check. Just in case things don’t work out. Do you understand? Building your business part-time allows you to work along with the business through early morning hustle, evening hustle or week- end hustle; these will help you to fund your wallet with cash during the larva stage of your business. If you are an employee, this formula is good for you when you have the approval of your boss. You can start your business as part-time and gradually make it strong and carefully drop your job as the business wax stronger. And if you are unemployed, it can also work for you even better and easier. See why you have the spare times for side hustle, which you will use to support and develop your business you manage your time as you wish, going to hustle when you should. The business part-time is...

Learn from your past mistakes an d improve your performance. A toddler cannot jump up and start running overnight, when he/she has to fall several times before standing firm; and then start walking. Mistakes are what we encounter in our everyday attempt to do a new thing. Somebody who never made a mistake has never tried anything, and there is no way one can improve if not by learning from mistakes, both from himself and other people. Mistakes can make someone to fail a mission, but when you fail, there is no other option than to rise. So mistakes and failures are seen as the best teachers in life; from them we get a lot of experiences and wisdom.  When we fail we observe the mistake that caused the failure, learn the point we should amend and move on. You shouldn’t ever want to repeat a particular mistake, but if you fail two times in a row, and the failures are not caused by repeating one particular mistake, there is no problem.  Just keep on trying a...

This is what founding a business is all-about. Laying a strong foundation of your business on the immediate business is all about making thorough research, decision and conclusion, based on you ideal product, vision, business true-value, economic chain and your rewards after-all.—clarity on your ideal products, suppliers, ideal market, customers, partners and financial support sources. No matter what your aims for starting your own business are, development of the foundation is likely to be the same. Laying of strong foundation is both mental and paper work, containing your business structural plan, and proper execution plan. This is all about checking through all the channels on which your business will be flowing to and fro every day. It gives you the ‘road-map’ to follow as you build your business.  Reason why you must make a paper work business foundation plan is because action takes longer than thoughts or words. On the process of executing a plan you d...

Here is Why  unethical business management should be curbed from our society.  1. It contributes a lot to corruption as it still eats as moth as corruption does. It is expelling our prospects or potential investors. 2. The brutish acts of some entrepreneurs has made others who are not doing as they do to lose confidence of their natural abilities and thereby are hindered the right to survive. This is painful. 3. It is havoc and hazardous: unethical business management has turned to brutality, as it is predestined to re-occurs following retaliation and retrieval of losses. The dirty, secular, profane and sacrilegious competitions that happen in our markets places today is out of or started as constant unethical business practices. 4. Government can use the elimination process to control cost of some social amenities and public related items which solve people’s problems; such items like: housing, food, water, transportation, electricity, petroleum and others. I must assure yo...

These are two most powerful tools in selling out a product, learn how.       1.Outspokenness :- The greatest challenge most people are facing is the ability to talk to someone, at least to make their minds understood by others.  Almost every ten seconds, especially in this social networking era, opportunities flood up and down in our presence; But the issue is about grabbing them by knowing exactly what we want and being able to voice it vividly to the universe.    Outspokenness is a multiplier of lucks, but unfortunately only few entrepreneurs know the importance of this beautiful great virtue.   Being able to voice exactly what you really want at the right time is hereby proven to be “living up your standard”. You don’t have to be too shy, adamant, invisible or dead.  Shy people are those dead ones pretending to be good, standing to let things happen by themselves or those who are afraid to say their mind or do what they know i...

Give gifts to your customers, to maximize sales. Everybody love to receive gifts, you are not exceptional and so are your customers not exceptional also.  And unconsciously or consciously perhaps, we all love to go where we receive something free. And when you give us free gift that we will frequently be using at homes or offices, it reminds us of your helpfulness.  And we will like ly want to come again to receive. If the gift that you are giving you customers has your business logo, name, and contact information, you are probably setting traps to attract whoever that came across such gift, as you spread the awareness of your business firm. Sometimes, we customers don’t come to buy, we just come to receive gift and therefore, decide to buy more.  This is a beneficial reason you should get more gift for your customers. Gift sharing is a very effective means of advertising that also reminds the receivers that their businesses are important to you. This is a positive feelin...

How can unethical business management be eliminated from our countries?  All these things I‘ve been writing is for government to get up and liberate this country. I’m not crying for help, I’m crying for intervention; and for people’s commitment to making this change. Any government that will do this must not start if they can’t finish. And they must set an understandable timeframe for the people in order to get prepared.  And, the government must do their best to quickly fix things so that the poor innocent ones won’t suffer it worst. The government must focus on their mission and not bad mouth.   I am placing all these responsibilities on the government because as this country is now, it is only a fierce and committed government that can restore its dignity.  Only that can bring ethical manners to our workplaces through very effective security, transparency, watch, report and other caring measures.  What measure can be taken to influence people of Nigeria ...

10 things to do to prevent failure when your business is beginning to fall back:   How to get your falling business back; up and running   Is your business having a problem?    Depending on where you get your self, you can start building up again and this time it is actually going to be a lot easier process than before. because you already have experience from the first try. It is normal to have an initial failure in business, because with this you are going to learn your lessons with which you will overcome future hindrances.    1. Make sure that you have some money remaining in your hand:-- Revisiting your back-up treasure.   At times the major cause of business failure might be out of lack of proper funding. it may occur due to insufficient capital or manager's ignorance. So, it is left for the manager to check whether the business is lacking funding in any way, and seek a solution for that, which is to look for an interne=al or external source to g...

10 Special qualities of the real guys in business After going through these attributes of the real guys, you will have to pledge yourself to swap into that lifestyle of smartness that will do you so much good.  To abide by the characteristics which the real guys have within them, that brings them so many amounts of benefits.  Trust me, that if you decide to switch into these, you can fit in.  There is no other option than to 'fit in'. If you want to become that guy who sells himself, his products, and his fame at the highest price, than any other person in the market, then you have to do like him.  Here they are: 1. Real guys create opportunities for themselves:   The first and one of the smartest attributes of real guys is Real guys are not always comfortable with queuing-up on lines of opportunities already created by others.  There are some people who want it by all means, and these are the people who fall into the traps of ready-to-earn millionaires in ...

 Just do it now—power of urgent action on; and completion of a task in due time. Stop looking for the million reasons you should make a progress. Stop waiting for the right set of people to come. Making an influence in life is all about doing something or making something to exist with what you have.  Just burn your wigs before the enemy comes in and steal your fire. Just take action before fear comes in and take away your zeal or desire. Stop trying to be perfect at the first attempt it can keep you dreaming.  If you claim to be a believer and you are not doing what you believe in, you are still in the elementary class of the dreamers. We believe in what we see done more than many more things people said they will do. The main difference between the successful people and the unsuccessful people is the ability to take action and do what they wanted to do or what they said that they will do.  Great people who accomplish tremendous deeds in life are intense...