| Home | Free Articles for Your Site | Submit an Article | Advertise | Link to Us | Search | Contact Us |
This site is an archive of old articles

    SEARCH ARTICLES


vertical line

Article Surfing Archive


The Second Golden Key to Building a Multimillion Dollar Empire - Articles Surfing


Are you an entrepreneur that has started a business? Do you want your business to not only make a profit, but become a multimillion dollar empire? Do you have the drive and passion to push your business to the number one spot and make millions? If so, then you need to understand and implement the seven golden keys to building a multimillion dollar empire.

This article describes the second golden key to building a multimillion dollar empire and why you should apply it to your business. This information is the nuts and bolts you need to focus on. Take a hard look at your business to make absolutely certain that you are implementing this golden key.

Golden Key #2: *Have a System.*

Thriving, multimillion dollar empires are the result of a systematic business model. These systems are not merely good, but are exceptional and top of the line. You need to create a system for your business to ensure that you are earning as much profit as possible.

Creating a business system means that you build and implement systems for every single part of your business. You need to create a system to leverage your time, money, and assets. For example, you need a system for your client list so that you can leverage it when necessary. You need a system for your manpower. You need a system for your marketing. It is vital to have a system for every niche element of your business.

What is a business system? The most effective and profitable business system is one that has a residual component. For example, perhaps you currently are a public speaker. You make money each time you speak. Therefore, on the days you don*t speak you don*t make money. What happens if you become sick and are unable to give a seminar or speech? In this case you would not earn any money. Therefore, you need a residual component to your business system that enables you to earn money automatically.

Residual components for earning include auto responders and lead generation systems. These systems work automatically and bring the profit to you instead of you having to always find the profit. This type of system works for you. So you will be making money even when you are sleeping or home sick in bed.

Find systems in your business area that have proven results. Take these successful systems and tweak them so they fit your business needs. Make sure that you follow systems that are currently being used by entrepreneurs that have actually made money with these systems. Make sure not to listen to someone who just read a book about a system, but hasn*t actually implemented the system.

Spend time creating your business system and watch your multimillion dollar empire grow in no time.

Submitted by:

Matt Bacak

Matt Bacak became "#1 Best Selling Author" in just a few short hours. Recent Entrepreneur Magazine's e-Biz radio show host is turning Authors, Speakers, and Experts into Overnight Success Stories. Discover The Secrets To Unleash The Powerful Promoter In You! Sign up for Matt Bacak's Promoting Tips Ezine ($100 value) just visit his website at http://www.promotingtips.com or http://www.powerfulpromoter.com.


        RELATED SITES



https://articlesurfing.org/business_and_finance/the_second_golden_key_to_building_a_multimillion_dollar_empire.html

Copyright © 1995 - 2024 Photius Coutsoukis (All Rights Reserved).

ARTICLE CATEGORIES

Aging
Arts and Crafts
Auto and Trucks
Automotive
Business
Business and Finance
Cancer Survival
Career
Classifieds
Computers and Internet
Computers and Technology
Cooking
Culture
Education
Education #2
Entertainment
Etiquette
Family
Finances
Food and Drink
Food and Drink B
Gadgets and Gizmos
Gardening
Health
Hobbies
Home Improvement
Home Management
Humor
Internet
Jobs
Kids and Teens
Learning Languages
Leadership
Legal
Legal B
Marketing
Marketing B
Medical Business
Medicines and Remedies
Music and Movies
Online Business
Opinions
Parenting
Parenting B
Pets
Pets and Animals
Poetry
Politics
Politics and Government
Real Estate
Recreation
Recreation and Sports
Science
Self Help
Self Improvement
Short Stories
Site Promotion
Society
Sports
Travel and Leisure
Travel Part B
Web Development
Wellness, Fitness and Diet
World Affairs
Writing
Writing B