Saturday, 2 July 2016
CHRIS KIRUBI says
Those who will rule the world are those who take risks
Infact the greatest risk is not taking any risk at all.
The multi billionaire businessman gave some secrets to building a billion dollar empire.
1.Have an idea
Know what you want
Idea is key.actually, it's the main thing.
Your idea should be in line with your vision and passion
Knowing what you want entails getting all the details you can about your area of interest and you can comfortably make someone understand what it is and everything about it.
2.Calculate your work plan
A good business plan wil be appropriate.
Come up with a clear plan like you have to know" if I do x my result will be 2y".
You don't want to start up by losses, nobody wants to make losses.
You got to have a plan.
3.Know your market
Whose need are you fulfilling?
Who's your team?
you need to know how your project will be executed
You'll need people because alone it will take you a very long time to execute
May be friends, family, banks, patners
Develop a work ethic
Research well on the demand for your product so you kniw your target clients.
4.Fear of being copied?
Your idea must be unique...
It should be abit complicated
Develop a secret value
Many people have tried to imitate cocacola but none has or will succeed
Have a secret, a formula, a hidden treasure
You need money to make money..but then you could source funding from investors.some people have the money but have no ideas
Rise up and try out your idea
Decide if you will trade your valuable 8 hours and more daily to build someone else's dream or make your money work for you.
Even the best ideas run the risk of failure.but it's good to dare to try.
sometimes even the best ideas do not work out . It's all a risk.you could even go to school and attain good grades and still be jobless!
Getting a loan to finance your dreams is highly commendable and not bad at all...but being smart with your money is the key to being successful. It actually does take money to make more money
So, save up for your initial investment and take a loan and adventure into the unknown where risk is BIG and returns are ENORMOUS
Debts are like children, the smaller they are, the more noise they make
Small opportunities are often the beginning of great enterprises
Most people tend to do so much when they have to, and very little when they don't have to.
The struggles today provide strength you'll need tomorrow
Strength to endure tougher times and tell your success story.
Infact if you are poor you have a greater experience, understanding and advantage because you start struggling early
You cant afford to sit and feel miserable about your situation or what you are going through
Have the desire and ambition to change your life
An average mind says: africans are poor.peole walk bare feeted
A great mind says: in africa the opportunity to sell shoes is so big
Have an open mind
Above all, rise up and try out your idea
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