step I should take when making money

Mastergp

Verified member
Making money is not easy as the name may sound, it takes time and effort to accomplish that tasks, many people have succeeded in making money that Would even last them for a life time and they are also some that have not gain or accomplished this tasks of making money, they keep making progress so as to get to the beep point, still they are some that have not started accomplishing the act of making money they are the last grade when it come to money, what they care for their daily bread and clothing acquiring asset are not what is paramount or among their agender most times this ones usually lost hope of making money.

But they some important means or step to take when making money:


Risks:

In order to succeed one need to take risk in what ever business he want to engage in, some online business may crash and member money may not be refund this are risk most people take in order to engage in different business.


Product to be sold
:
Another thing to consider is the product to be sold to the consumers and we need know if such product would be useful to them and the number of times the would be needed.
 

Shigobad2020

Active member
There are certain things you need to do when you are doing business , first thing you need is to have a proper business plan and strategy in order to make sure the business keeps going on well and you are making sales .
Business and investment is really dangerous and full of risk , so if you want to make it in the line of your business , you have to take some certain risk because you cany make it big in life if you dont take risk .
Though most online business and investment normally crashes after some time , so you need to make the neccesary research before you actually invest in any business just to know the authenticity of the business .
After you realises you are making profit , you need to start saving aim part of your gain , at least for example saving thirty to fourty percent of the profit .
 

Carpon

Valued Contributor
Earning or should I say making money demands a great deal of effort and time, with success stories and challenges varying among individuals.

While some achieve financial security, others struggle to initiate and continue the journey.

Taking risks is inherent in business, especially in the dynamic ever changing realm of online ventures where uncertainties abound and exist. Selecting a valuable product for consumers is crucial, emphasizing its utility and demand. Planning, strategy, and risk-taking are vital components in navigating the intricate world of business and investments.

Despite the hurdles, thorough research ensures informed decision-making. Profits and gain should be well managed, including saving a portion for long-term financial stability. The pursuit of monetary success requires a lot of resilience, adaptability, and setting up of a strategic approach.
 

Mika

VIP Contributor
What risk do you have when you join a company and start working? Not all money making methods have risks. There are risks only when you are trying to invest or start a business. It is true that finding a job is hard, getting hired is hard, however, just because you are unable to get a job doe snot mean there is a risk. Risk is mainly for business and investment. If you invest in business or in the market, there is a risk oif losing money or not making profits
 

saoussen5765

Valued Contributor
What risk do you have when you join a company and start working? Not all money making methods have risks. There are risks only when you are trying to invest or start a business. It is true that finding a job is hard, getting hired is hard, however, just because you are unable to get a job doe snot mean there is a risk. Risk is mainly for business and investment. If you invest in business or in the market, there is a risk oif losing money or not making profits
The risk when joining a company and start working not all companies pay you your full rights of money, some companies says this is what I can pay you for work, so if you accept the pay rate or the work is rejected and we have all planing for money so half or majority of people will accept the pay low rate even contractual or seasonial work or just do one task and get paid, so find a job in company is not so easy like you say and also there is many discrimination and pay under the duties and most workers says let's grab some money and then may end contract of work or not renew but in this case the work becomes the property of the entreprise so could not do anything after getting paid.
 

Abigael

Valued Contributor
Making money is not easy, especially when you have a scarcity mindset that is passed down with generational poverty. That is why changing this mindset is very important, and one way to do it is through learning financial literacy.

Financial literacy entails how to invest, what to invest, knowing your market well and learning to account for all your money. People who are financially literate are better off at making money than those who aren't.

Making money also requires courage in taking risks. Stating a business, going for a high paying job and learning new skills are all risks that you need to take. As long as you calculate your moves well, you will make money in the end.
 

saoussen5765

Valued Contributor
Making money is not easy, especially when you have a scarcity mindset passed down with generational poverty. That is why changing this mindset is very important, and one way to do it is through learning financial literacy.

Financial literacy entails how and what to invest, knowing your market well, and learning to account for all your money. Financially literate people are better off at making money than those who aren't.

Making money also requires the courage to take risks. Starting a business, going for a high-paying job, and learning new skills are all risks that you need to take. As long as you calculate your moves well, you will make money.
Being poor needs that you accept a low pay rate you just need to leave poverty and have some urgent expenses instead of still begging your parents for money that could not work for advanced age because they need you to seek a job and not stay broke or require them your daily pocket money, so even if it is low pay rate job you just work to get money, unlike people with money doesn't accept any job.
 
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