Download How I made my first million : 26 self-made millionaires by Nick Gardner PDF

By Nick Gardner

A selection of inspirational tales of normal those who took an outstanding notion and became it right into a highly winning company. find out how the founders of significantly ecocnomic enterprises—like simply Cuts, Aussie domestic Loans, ModelCo, Elite Introductions, fats Prophets, EcoStore, and fastflowers.com—took a very good concept and grew to become it right into a hugely profitable enterprise. observe what drove them ahead, the hazards they took, and the way they have controlled to maintain their companies dealing with the inevitable ups and downs. greater than only a choice of really inspirational tales, the knowledge and event they proportion right here may possibly simply be the catalyst you want to flip a very good suggestion into your individual million buck firm! a few of Australia's richest women and men display in interesting aspect how they made their first million funds and provide their "Golden principles" on how a person can raise their wealth. a few are recognized excessive flyers, others fly generally less than the radar, yet what all of them proportion is entrepreneurial imaginative and prescient and monetary success.

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Extra info for How I made my first million : 26 self-made millionaires reveal the secrets to their success

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Play to your strengths: acknowledge your weaknesses and delegate them to someone who is good at them. 4. Stick to your core business and really ensure you are delivering what you promise. 5. Customers are not dependent on us. We are dependent on them. 6. Plan ahead for your outgoings so you are not hit by surprise bills that can cripple you. The Power Of Flowers established 1999; thirty-Â�five employees; $5 million-Â�plus turnover For Jonathan Barouch, chief executive of Australia’s leading online florist, life really is a bed of roses.

So I find myself asking them questions, probing to find out what they actually want out of life. Why are they trying to build their wealth? What do they want to do with their money? You would be amazed at the number of pÂ�eople who have no idea what they’re working for, what their ultimate goals are. ’ 26â•… HOW I MADE MY FIRST MILLION The process can be emotionally challenging, Anstis says. ‘Many pÂ�eople have never been asked these questions before. And aside from that, answering them requires thinking about your feelings, about yourself and your family, in ways that you may never have considered before.

Unlike other young businessmen, he has never had trouble getting financial backing for his company. com,’ he says. ’ Barouch has, in fact, spent much of his young life turning down vast sums of money. He had barely set up the company, as an eighteen-Â�year-Â� old, before the Internet boom had companies queuing at his bedroom door. They offered him ‘many, many millions of dollars’, he says. ‘Silly money—more than the company would ever be worth! But I didn’t know what to do with it. And I didn’t want They’ve offered me the responsibility of millions of dollars to take having big stakeme over or for a stake in holders and other the company, but I haven’t pÂ�eople on the board, had any offer I couldn’t so I turned them all refuse—not yet, anyway.

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