nickopedia | 08-08-2019 12:16 AM | Re: How big do you think? The only true way of getting "rich" own and expand a profitable business.
Forget about investing; it typically only generates single-digits returns over the long run and you have little control over the financial markets.
The only thing holding you back from making money is YOU. I see so many people get complacent when they operate their business. There are always ways of expanding market; vertically or horizontally. Proper, and careful management of financials is key.
I would rather put my money into proven, profitable businesses that work, especially in a recession. Some examples are: storage facilities, trailer parks, multi-unit housing, used car dealers, payday lenders, etc. |