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- How Is It Possible To Turn Hundreds Of Dollars Into Millions Of Dollars With Your Business, Like I Did?
How Is It Possible To Turn Hundreds Of Dollars Into Millions Of Dollars With Your Business, Like I Did?
- By John Rogers
- Published March 24, 2008
- Motivational
- Unrated
John Rogers
Join me here each week as I post a number of different articles that will improve your current business or help you to start a successful brand new one.
Why would you even care to read any of my articles? Because I'm one of the foremost experts in the world on making money on the Internet, earning over $5 million dollars since 1997 with several different businesses. And if $5 million doesn't sound like a lot of money to you, it is when you factor in I made it starting out with only $500.
This article is not a step-by-step lesson on how to make $1 million dollars with a few hundred, like I did. My articles on this website explain this. This article shows you that it can be done.
The entire concept is very simple. The way it always works for me is to get a great product or service, market it well, then reinvest a good portion the profits into more good marketing. The first month of my fashion accessory business, I made $9,000 with the $500 initial investment. The next month I made $30,000 when I reinvested the $9,000, then made $80,000 with that $30,000. This went on until I averaged around $300,000 a month in sales the final year before I sold the business. Note: My articles on this website explain in detail exactly how I did this and how you can too.
Less than 1% of all companies out there will ever see this type of business growth. That's because they either don't believe in marketing their products or don't know how. The other main reason is the business owner is living on most of the profits and doesn't have enough money to reinvest in marketing or expand then business. Here’s an example of what happens many times. A business owner is making $10,000 a month with a side business in addition to his day job. After a few month's he quits his day job and starts living off of the $10,000 a month. Now he doesn't have enough money left over to increase his marketing, offer a bigger selection of products or services, and everything else that goes with expanding and improving a business. So the business owner's sales stay at $10,000 a month. Some might say, "What's wrong with that?" The problem is there’s no money left to save for a rainy day. What happens if three months of bad sales occur? The whole business could be lost almost overnight. And businesses that don’t improve and expand don’t go up in sales, they go down. It’s only a matter of time before competition comes in and that $10,000 decreases down to $8,000, then $6,000, etc.
The key for you to be able to achieve the same results I have is to keep your expenses as low as possible, constantly introduce great new products or services, and most importantly, reinvest your profits into good marketing that yields profitable results. If you can do this, the growth potential for your company is unlimited all the way up to everyone in the world being a potential customer for your company. Once you build your sales into the millions, you have the funds for national and worldwide television commercials. Now everyone in the world “is” a potential customer! Most big corporations started small. These examples aren't online businesses, but in case you didn't know, KFC, McDonald's, Walmart, Coke, UPS all started out as very small, one store, private companies, then used the same principles you'll find on this website to turn basically nothing into hundreds of millions of dollars. Then into billons of dollars!
