The third business advice- pursue lucrative business

Business has been prescribed as the tool of wealth. Scholars on the subject have posited that business has the capability of being a cash-Cow. You would find this teaching in many books. The wise are included in the list of those that believe it to be true. It is regarded highly as true, and propagated highly by those who embraced the idea. Scholastic establishment only is not enough reason why we should adopt this view. We need evidence to be convinced. We need an example that attests to the claim as truth. 

To illustrate it, suppose a man claims that a medicine can cure a disease, would you simply believe him? Would you not demand an evidence from him that it could, perhaps ask him to show you someone it has healed? Or perhaps you could try to ascertain from a Doctor. 

Just like the medicine, you would not simply believe that business has the capability of being a Cash-Cow because it has been theorized. Not all theories are true. You would want evidence.

So what then is the evidence to us that business could be lucrative; a source through which we could make money? 

There are very numerous examples of people that secured wealth through business. Their examples attests to the claim as fact. The example includes such ones as Mark Zuckerberg who was poor until he created his brand, the Facebook, and monetized it and began to make money through it.

The numerous examples of people that have made money through business, serves to certify business as a tool for wealth.

 Thanks to the revenue he derives from the brand, Mark Zuckerberg is one of the richest people in the world. There are many like he, that became rich through business. Some of them were very poor, but established business that helped them to secure wealth. If you have seen that many who always pursued business became rich, you wouldn't doubt that it can make one rich. 

The definition of business even implies that it is a tool that could fetch one wealth. Business is defined as the totality of economic activities geared towards profit maximization. The definition is revelatory of the function on business, and indicative of the reason people embrace it. Those who often pursue business, do so because they want to make money. When you ask them, they would tell you that what drives them to, is wealth. They monetize their business- an evidence that they want to secure wealth through it. Think, would they have adopted it as a tool for wealth if they do not think and are not convinced that it is efficacious? They obviously are certain it is, which is why they pursue it, for they cannot afford to risk losing their capital if they know they won't succeed. 

Many wants to be rich. Infact everyone wants to. I mean who doesn't. Would you rather opt for poverty? There is no one that does not wish that he could become rich. People who want to, must think of a way to achieve this goal. They must figure out a way to achieve their goal. It can not just occur because they want to. 

For many, business is an option. Simply put, it is because it can make them rich. When they see numerous examples of those who became rich through business, they are stirred to accept that it could make them rich. And so, they decide that business is what they would do to make money.

To illustrate it, suppose you are told that you could secure fishes through fishing. And you decided to research to discover to discover if it was true. And discovered from your research that you actually could. Would you not try to get fishes through fishing? True there may be other sources of fish like purchasing, but we are mainly trying to prove that one could use a source that is efficacious to achieve something. 

Blame not therefore those that chose business as the means of securing wealth. Afterall it is one way to do so. 

Such ones after deciding take the bulk by the horn. Infact I find this appealing about them. For they could never succeed in establishing a business by simply wishing. Efforts is required on their part. Business creation often occurs when the steps to create them are taken. They eagerly take the steps, and establish a business, with much hope that within a short time afterwards, they would make much profit. They engage in the business operations. They had hoped to receive plenty patronage within a short time after establishment. 

But the truth is that some of them do not succeed. Some do not necessarily lose their business; it does not liquidate. It continues to thrive. But they are not able to secure as much wealth from the business as they thought. Instead, the business yields little profit. Despite the fact that they thought it would yield them much wealth. They become like the fisherman, that goes to the river with much hope of catching much fish, but catches only few. He would feel disappointed by his expectation and unfulfilled. The business man may find himself wondering why he did not succeed. It cannot be his fault, he may think

Afterall he succeeded in establishing a business like successful ones. He may think that what accounts for the gap between them is luck. That he is simply unlucky. But is that true? No it is not true. The truth is that, the business he established is not a lucrative one. His chances of securing wealth through it is low. Unlucrative businesses do not give the owner much wealth. But the successful has a lucrative business, which is capable of being a cash-Cow. Lucrative business gives their owners revenues faster, and much profits, unlike non-lucrative ones. If you establish a lucrative business, you would make much wealth. If you establish one that isn't there is no way that you would. 

                              EXAMPLE

The Social networking business is more lucrative than petty-farming business. The amount of money that Mark Zuckerberg derives a day from his social network supercedes that of all the petty-farmers put together. Infact, he has more customers than any petty farmer could ever have, which means he would receive more patronage than they. 

If you choose to establish a social network business, you would make more money than a petty farmer. Learn this, you that wants to pursue business. The only way to succeed in acquiring immense wealth through business is by establishing the kind that has the power to give you such. For not all businesses are lucrative, and unlucrative ones cannot give you much wealth. 

There are a few others whose goal may not be to amaze as much wealth as all in the world through business. They just want to gain little perhaps to support theirselves, while schooling or doing other things. Such ones may not need to pursue lucrative business. But for you, whose main objective is to get much wealth, you must pursue a lucrative one. And this is encouraged. After all, ''what is worth doing is worth doing well''. Lucrative business is like a large fishing net, that you can catch plenty fishes with. But unlucrative ones are like small nets, which can be used to catch small fishes. The more lucrative a business is, the more wealth it could give you.

It is your duty to discover those kind of business that is lucrative, so that you would choose from the list. But before you pursue the one you have in mind, ensure that you have done research and ascertained that it is lucrative before you commit to it. So that you do not start it with much hope, but end up not realizing your dream. 

Some may not have the money to start their own business. But may still choose to pursue business by working with a business as a staff. This is still a business in a sense. For whatever you do to realize profit, is a business to you. By definition, business means occupation. 

For such ones, they should try to secure employment with companies that pays much money. The higher a company pays, the more money they would make. Thus, it would be easier for their money to add up to a huge sum. But if such ones chooses to and secures employment with a company that pays peanuts to their staff, they would receive little wages, which would not add up to a huge sum fast. Those who receive more, would become richer than they.

                     ILLUSTRATION 

Two people, Mr A and B, desires to secure a job. Mr A, secures employment in a very known company that has a large capital, and pays it's staff very huge sum of money. The money that was always left over after he made his expenses for the month were much and added up to become a huge sum fast. Mr B, secures employment with a company that pays less. By the time that he makes expenses, the money that is left over of his wages, are usually less, unable to add up to a huge sum fast. 

Mr A, if he continues like this would continue to be wealthier than Mr B, because he would always have more in his possession.

For the one desiring, the lesson for you is that you must engage yourself only in ventures that are very lucrative, in order to get wealth. Doing so not only makes it possible for you to acquire but puts you in position where you can secure it fast.