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There are only three keys to starting and building successful business, achieving personal prosperity and becoming wealthy.
Stop one is to find a product or service the people want and need and are willing to pay for at a price that enables you to make a profit.
Step two is to aggressively market and sell the product or service in sufficient quantity that you earn enough profit to be able to repeat the process over and over.
Step three is to learn how to manage, administer and account for your income and expressed.
In more than 90 percent of businesses that have problems, there is a problem or weakness in one or more these three areas.
In fact, it is estimated that fully 80s percent of businesses today are operating below their potential for sales and profitability because of a weakness in selecting the right product or service, selling it aggressively or accounting and managing. If you are already in business, give yourself a grade of 1 to 10 in each of these areas. You will see immediately where you need to focus your effort.
Most entrepreneur have created a job where they work harder for longer hours and earn less than they would working or someone else.
The tragedy is that the underachievement and frustration that most entrepreneur experience is unnecessary. Starting and building a profitable business has been done millions of times but people with not business experience at all. And whatever hundreds of thousands and millions of other people have done throughout American and all over the world, you can do as well, if you simply learn how.
